Emil Stojmenov

Emil Stojmenov

Emil Stojmenov is a Macedonian businessman and the son of Borislav Stojmenov, the founder of "Kanal 5" television. He is the sole owner of the television and is also involved in other family businesses together with his mother Nadezhda Stojmenova and his brother Marjan Stojmenov, such as the "Financial Credit Center BS" and "Euro MK". The main businesses of the family are in financial services and business consulting. Emil Stojmenov is also the co-owner of the travel agency "Net Bay".

His voice was heard in the conversations in the so-called opposition bombs that SDSM as the opposition published in 2015 that were intended to show the true face of the VMRO-DPMNE government.

In the audio recordings, Stojmenov was heard talking to the then head of the secret police, Sasho Mijalkov, and the then Secretary General of the Government, Martin Protoger. In some of the conversations, Stojmenov talked about the contents of his media, as well as about the financial interests of his companies.

Media Companies / Groups
Media Outlets


Broadcasting activity

Kanal 5 (North Macedonia)

Financial Services



NET-BAJ DOO Skopje (North Macedonia)

Family & Friends

Affiliated Interests Family Members Friends

Borislav Stojmenov

The founder of the television is Borislav Stojmenov, born on April 4, 1940 in the village of Veljusa, Strumica. He has a Master's degree in accounting and finance and a Master's degree in marketing. He is one of the founders of political party VMRO-DPMNE. He was the Minister of Finance in Ljubco Georgievski's government from 1998 to 1999. After the split in the party that followed the fall of the government, he founded a new party called VMRO Makedonska, which eventually merged with VMRO-DPMNE in 2012. He is the founder of several companies related to financial and consulting services.

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 28.06.2023 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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