Analysis 13 Apr 17

New Shopping Malls Spring Up Across Belgrade

With the aid of foreign investment, new construction projects are starting to bloom in the Serbian capital.

Mirjana Narandzic
BIRN
Belgrade
Fashion, a 32,300-square-metre shopping mall, will open on April 20 in Belgrade's Višnjička Street and – according to Belgrade Mayor Siniša Mali, it will employ 1,500 people. Photo: Beoinfo.

Belgrade is set to develop a more commercial edge, with plans for at least four modern shopping centres recently being cemented in the capital.

Big Fashion, a 32,300-square-metre shopping mall, will open on April 20 in Belgrade’s Višnjička Street and – according to Belgrade Mayor Sinisa Mali, it will employ 1,500 people.

“This was an 80-million-euro worth investment, and is just one of many construction sites in Belgrade,” Mali said during his visit to the site on March 22.

Investors say Belgrade has the capacity to develop its retail market, and by constructing the malls, numerous job opportunities will be created in Serbia’s capital.

However, experts remain divided over whether venues could really boost employment levels. They say that opening the shopping malls is on the whole good for Belgrade’s economy and increase low purchasing power.

The new developments follow previous indications that such projects have been gaining increasing traction in Serbia.

Subscribe to Balkan Insight Premium to read the full article.

Please login to your account below if you are already a Premium Subscriber.

Buy Premium Subscription

Our Premium Service gives you full access to all content published on BalkanInsight.com, including analyses, investigations, comments, interviews and more. Choose your subscription today and get unparalleled in-depth coverage of the Western Balkans.

Buy Premium Subscription

If you have trouble logging in or any other questions regarding you account, please contact us

Talk about it!

blog comments powered by Disqus

Latest News from the Balkans

28 Apr 17

Albania MPs Elect Speaker Meta as President

Premium Selection

romania-s-slow-preparation-for-eu-presidency-alarms-experts-04-27-2017
28 Apr 17

Romania’s Slow Preparation for EU Presidency Alarms Experts

Experts are concerned by the slow pace of preparations in Bucharest for Romania’s EU Council presidency in 2019, when it will have to oversee thousands of high-profile events. 

croatian-islanders-fight-to-preserve-golden-beach-04-27-2017
28 Apr 17

Croatian Islanders Fight to Preserve Golden Beach

After the government scrapped an unpopular concession given to company over Zlatni Rat beach, islanders on Brac say they will fight on to ensure such precious resources remain in the hands of the community.