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I-Sky Green

I-Sky Green DOOEL Skopje

In progress

Investment value


2.000.000 euro


14.298 euro






The name of this foreign investment first appeared in the electoral program of VMRO-DPMNE in 2016, called "Real". The party informed the public that the company I-Sky Green from Israel has started a brownfield investment in the municipality of Negotino, establishing a factory for tyre recycling.

According to VMRO-DPMNE, the total investment in the first phase is two million euros and it will generate 20 jobs. There is no other information on this project on the government’s or the municipality’s website.

The little that can be discovered from the current account of the Skopje registered company under the name of I-Sky Green is that the capital investment does not come directly from Israel, but from the Seychelles, a known worldwide offshore destination, which guarantees anonymity of ownership and low taxes.

The offshore links of this company do not end there. The owner of the foreign investor in Macedonia is a company from the Seychelles, and the Managing Director of the investing company, a certain Georgis Antoniades comes from Nicosia, Cyprus.

The current account of I-Sky Green also reveals that the company has a branch office in the Negotino village of Tremnik and that this company was founded in October 2015.

One cannot obtain much additional information on the company’s quite modest official website: namely, it says that the company is operating in the area of waste management, water treatment and solar energy. This website offers no information about the company’s management, nor its headquarters, which according to the website phone number is located in London, UK.

However, the man who has registered this website - Oshri Cohen is an Israeli, and for a couple of months he assumed the position of Managing Director of the Skopje-based I-Sky Green.  His Linkedin account reveals that he is a part of the Israeli company I-Sky Group Inc. and that this company, in addition to operating in the area of waste management, operates also in the area of security and defense, developing intelligence systems.

The Annual Financial Statement data shows that the Skopje-based I-Sky Group Inc. had three employees at the end of 2015 and 4 employees in 2016. The noncurrent assets of the company amount to slightly less than 15,000 euros.

Last update: 04 april 2017

Date of announcement

november 2016

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