Can the public find out who owns the media through free access to the essential information required?

The public in Macedonia are able to find out who owns broadcast media via the ownership reporting obligations under the Law on Broadcasting Activity. All the essential information outlined above must be disclosed to the Broadcasting Council and made public via its website. Macedonia is unusual in banning silent shareholders of broadcasters (ie secret ownership or ownership by proxy): this means that all beneficial shareholders must be declared. The same law also requires broadcasters to report ownership information directly to the public but this is much more limited information and doesn’t include those with indirect interest, significant control or the size of the shareholding.

Print and online media are only required to report ownership information under corporate laws. In contrast to the Law on Broadcast Activity, the Law on Trade Activity permits secret ownership or ownership by proxy but does not require this information to be entered into the Trade Register. This information is not, therefore, available to the public, meaning that the real owners of these companies cannot be ascertained.

DRAFT – FOR PUBLIC CONSULTATION: This research has been carried out by national experts and is open for consultation. Please let us know if you have any suggestions, or if you spot any errors or omissions by emailing

17July2013 TMO Macedonia


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Relevant Laws:

Law on Broadcasting Activity

Law on basis of Public Informing (in Macedonian)

Law on Trade Companies

Law on Central Register

Law on one-stop-shop system and keeping a trade register and register of other legal entities