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Latest Business News from the Balkans

macedonia-warms-to-high-speed-railroad-plan
17 Sep 14

Macedonia Warms to High-Speed Rail Plan

Macedonia is mulling whether to sign up to a Chinese plan to build a high-speed pan-Balkan railway line, which Serbia revealed last week.

12 Sep 14

Croatia and MOL Resume Battle in Washington

Croatia and the Hungarian energy company MOL have taken their dispute over the fate of the Croatian energy company INA to Washington for arbitration.

china-pledges-to-help-albania-build-highway
11 Sep 14

China Pledges to Help Albania Build Highway

Albania Prime Minister Edi Rama and Chinese Prime Minister Li Keqiang discussed plans to build a new highway from Tirana to the Macedonian border.

montenegro-tourist-sector-urged-to-reduce-prices
11 Sep 14

Montenegro Bank Urges Tourist Industry to Cut Prices

Central Bank warns that Montenegro is becoming too expensive - as tourist organizations blame infrastructure problems and pricey airline tickets for this year's expected disappointing figures.

more-tourists-don-t-mean-more-income-for-croatia-1
10 Sep 14

Croatia Tourism Booms Despite Uneven Weather

In spite of the poor weather seen in much of the western Balkans this year, the latest figures for Croatian tourism for 2014 showed a healthy upward trend compared to 2013.

kosovo-lose-hope-to-get-adriatic-sea-access
09 Sep 14

Kosovo Loses Hope of Getting Adriatic Sea Port

The government in Tirana said that an Albanian port on the Adriatic Sea which had been promised to Kosovo could now be leased to a Chinese state-owned company.

fiat-temporarily-ceases-production-in-serbia
09 Sep 14

Fiat Suspends Car Production in Serbia

The Serbian division of the Italian car manufacturer Fiat has temporarily halted production, citing a slowdown on the global car market caused by "economic crisis".

montenegro-seeks-foreign-investments-in-middle-east
09 Sep 14

Montenegro Seeks Foreign Investments in Middle East

Hoping to attract businesses from Middle Eastern countries in a bid to address a downturn in Russian investments, Montenegro will open an office in the Jordanian capital Amman.

serbian-government-yet-to-decide-on-pensions-and-salaries-cuts
08 Sep 14

Serbian Government Discusses Pension and Salary Cuts

Top officials have started talks with the International Monetary Fund, unions and employers about an austerity budget with pension reductions and salary cuts for state employees.

serbian-public-companies-among-central-european-best
04 Sep 14

Serbian Public Companies Among Central Europe’s Big Earners

International business consultancy firm Deloitte’s annual list of the top 500 Central European companies revealed that some of the most successful Serbian firms are at least partly state-owned.

slow-growth-puts-romania-in-technical-recession-situation
04 Sep 14

Romania Hits ‘Technical Recession’ Despite Annual Growth

Despite year-on-year growth, the Romanian economy contracted in the first two quarters of 2014, putting the Balkan country in technical recession.

world-economic-forum-balkan-shows-mixed-results
03 Sep 14

Balkan Economic Competitiveness Makes Uneven Progress

The latest World Economic Forum report on global competitiveness ranks Bulgaria as the best in the Balkans and Albania as the worst, just behind Serbia.

new-bulgaria-bank-crisis-threatens-confidence
01 Sep 14

New Bulgaria Bank Crisis Threatens Confidence

Failure to resolve the fate of the country’s fourth-largest lender could undermine recently strengthened investor trust and turn Bulgaria into ‘Europe’s Argentina’, experts warn.

balkan-telecom-regulators-to-scrap-roaming-charges
01 Sep 14

Sky-High Roaming Charges to Go in Balkans

Regulatory agencies in the Balkans have finally agreed to phase out mobile phone roaming charges, which are much higher than those in Western Europe.

croatia-plans-taxes-on-savings-and-property
29 Aug 14

Croatia to Slap Taxes on Savings and Property

Croatia's centre-left government has decided to tax people's savings and property in the latest measure aimed at cutting the yawning budget deficit.

Premium

new-economy-minister-faces-troubled-times-ahead
08 Sep 14

Serbia's New Economy Minister Faces Troubled Times

New minister Zeljko Sertic will bring private sector experience to the government, but entrepreneurs fear that his close links to the ruling party could limit his ability to push difficult reforms.

Politics and Society

us-does-not-pressure-serbia-to-introduce-sanctions-to-moscow
18 Sep 14

US Ambassador Queries Putin's Trip to Serbia

Michael Kirby, US ambassador to Serbia, said Washington was not asking Serbia to join Western sanctions on Russia - but he did want to know why Putin was expected in Belgrade.

Culture and Lifestyle

montenegro-to-host-mclaren-f1-anniversary-race

Montenegro to Host McLaren F1 Anniversary Race

In another bid to promote investment and tourism in the country, Montenegro plans to organize promotional Formula 1 races in the country.