Commercial Broadcasting Company "Television Makpetrol" DOOEL Skopje has had the same owner since it started broadcasting in 1996 under the name "Telma". The "Makpetrol" Joint Stock Company, whose Chairman of the Management Board is Andreja Josifovski, stands behind the television. Through the shares Josifovski has in "Makpetrol" and through the shares in "Oilko", he is considered to be the man behind the television. The interests of Josifovski, who deals with the oil business, are often noticed in the media's editorial policy.



Key facts

Mother Company

Joint stock company Makpetrol

Business Form


Legal Form

Limited liability company

Business Sectors

Television program and broadcasting


Individual Owner


Makpetrol Joint Stock Company is a publicly traded company and most of the shareholders have 5% or less in shares.

Media Outlets
Other Media Outlets

Other Online Outlets



Oil industry

Oilko (35,61%)

General Information

Founding Year


Affiliated Interests Founder

The owners of AD Makpetrol are the limited company for shares with transport Oilko with 22.87% and AD Makpetrol with 10%.
The ownership of AD Oilko, on the other hand, is divided between AD Makpetrol - 35.61%, 5.99% belonging to AD Oilko and 14.98% to Andreja Josifovski.
Andreja Josifovski -1.780% has the most shares in AD Makpetrol, followed by Marija Josifovska Spasovska with 0.107%, Sashko Pavlovski with 0.009%, Mihajlo Borozanov with 0.001% and Sasho Boskovski with 0.027%.




Address: Nikola Parapunov 51, 1000 Skopje

е-mail: telma@telma.com.mk

phone: +389 2307 66 77

website: www.telma.com.mk

Tax/ ID Number


Financial Information

Revenue (Financial Data/ Optional)

2.02 Mln. $ / 118.25 Mln. MKD

Operating Profit (in Mill. $)

-411.434 $ / -24.11 Mln. MKD

Advertising (in % of total funding)

1.78 Mln $/ 104.35 Mln. MKD (88.24%)

Further Information

Data Publicly Available

ownership data is easily available from other sources, e. g. public registries etc.

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Meta Data

The ownership structure and the financial reports are based on data recived from Central registry of the Republic of North Macedonia. The documents were received on 03.07.2023 based on a government decision from 2017 for free access for investigative journalists. The financial information is for 2022. For the calculation of the amounts in US dollars, the average exchange rate for 2022 from the National Bank of the Republic of North Macedonia was used.

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    Funded by European Union