Macedonian Stock Exchanges announces commitment to positively change corporate culture

(2 May 2019) The Macedonian Stock Exchange announced its commitment to strengthening corporate governance practices, making positive changes to corporate culture and to increasing transparency in its market as an SSE Partner Exchange.

CEO of the Macedonian Stock Exchange, Mr. Ivan Shteriev

“We are delighted to be welcomed by a global community of securities exchanges in this UN partnership program. The collaboration with the SSE initiative will contribute towards our exchange’s commitment to promote the sustainability and transparency of capital markets, to strengthen corporate governance practice and to make positive changes in corporate culture of our issuers,” said Mr. Ivan Shteriev, CEO of the Macedonian Stock Exchange.

“We believe that this partnership will help our exchange to be recognized as a market place that offers fund raising possibilities for listed companies including SMEs  and to act as a facilitator of long-term economic growth,” Mr. Shteriev said.

The Macedonian Stock Exchange is the principal stock exchange in the Republic of North Macedonia. It is located in the capital city of Skopje and its name is abbreviated to MSE. It was established in 1995 and the first trading occurred in 1996.


About the SSE initiative

The SSE initiative is a UN Partnership Programme organised by UNCTAD, the UN Global Compact, UNEP FI and the PRI. The SSE’s mission is to provide a global platform for exploring how exchanges, in collaboration with investors, companies (issuers), regulators, policymakers and relevant international organizations, can enhance performance on ESG (environmental, social and corporate governance) issues and encourage sustainable investment, including the financing of the UN Sustainable Development Goals. The SSE seeks to achieve this mission through an integrated programme of conducting evidence-based policy analysis, facilitating a network and forum for multi-stakeholder consensus-building, and providing technical assistance and advisory services.

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