first half of 2007 it reached $6 million, less than the corresponding amounts in previous years. Greek investment had peaked in 2004 at over $30 million a year. . Nonetheless, according to newspaper Eleutheros Typos by the start of 2007 about US$263 million had been invested by Greeks. Of the 20 most sizeable investments in the country 17 are financed with Greek capital and over 20,000 (about 6% of the workforce) are employed in Greek-owned enterprises . At the time 28% of Greek investments were in banking, 25% in the energy sector, 17% in telecommunications, 15% in industry and 10% in food. Active Greek companies Alpha Bank Skopje - subsidiary of the Greek bank Alpha Bank OKTA oil refinery - part of Hellenic Petroleum Stopanska Banka - National Bank of Greece holds a majority stake of the company Delta S.A. Dairy company Titan Cement - Cement producing company from Athens KAPNIKI MICHAILIDIS S.A - Tobacco industry Veropoulos Notes Economy of North Macedonia Greece–North Macedonia relations Outward investment