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Latest Business News from the Balkans

montenegro-sells-national-air-carrier-in-2015
27 Jan 15

Montenegro Plans Major State Sell-offs in 2015

Montenegro plans to sell the national air carrier, several state-owned hotels, a leading medical institution, two military companies and much more in 2015, the government has announced.

romania-to-launch-fiscal-receipts-lottery
23 Jan 15

Romania to Launch Receipts Lottery at Easter

New lottery is designed to get people to demand receipts for goods and services - thereby making it less easy for shops and other sellers to evade paying sales taxes.

montenegro-italy-undersea-cable-construction-finally-starts
22 Jan 15

Work Starts on Montenegro-Italy Undersea Cable

The long-awaited construction of an underwater electrical cable that will connect Italy and Montenegro has started on the Italian side of the Adrtiatic.

romania-plans-personal-bankruptcy-law
21 Jan 15

Romanians Hit by Franc's Rise May go Bankrupt

Worried by the plight of tens of thousands of borrowers with loans in Swiss francs, Romania is planning to adopt a law to help them declare themselves bankrupt.

zagreb-becomes-a-place-to-be
19 Jan 15

Zagreb in Winter Becomes Hot Tourist Destination

Tourism in Croatia used to mean the coast and nothing but the coast, but the long-neglected capital of Zagreb is finally discovering its true potential.

swiss-franc-rise-worries-croatia
16 Jan 15

Hike in Swiss Franc Causes Panic in Croatia

The sharp overnight rise in the value of the Swiss franc compared to the euro and the Croatian kuna has alarmed thousands of Croats with loans in that currency.

world-bank-cuts-croatian-gdp-growth-predictions
14 Jan 15

World Bank Revises Croatia's GDP Growth Down

In more bad news for the struggling centre-left government, the World Bank has altered its earlier forecast of Croatia’s GDP growth in 2015, cutting it from 1.2 to 0.5 per cent.

romania-s-inflation-at-a-record-low
13 Jan 15

Romania’s Inflation Rate at Record Low

Annual inflation in December dropped to 0.8 per cent last year in Romania, the lowest rate recorded in 25 years.

kosovo-students-protest-inflated-electricity-bills
12 Jan 15

Kosovo Students Protest Electricity Price Hikes

Students were joined by other Pristina residents at a protest against electricity price hikes in recent months which have hit those least able to pay.

montenegro-limits-foreign-work-permits
12 Jan 15

Montenegro Limits Foreign Work Permits

The government is to limit the number of foreigners working in Montenegro on the grounds that more jobs need to go to locals.

us-esmark-set-to-privatise-serbian-steel-mill
09 Jan 15

Esmark to Buy Troubled Serbian Steel Mill

A US-based company, Esmark, is to become the owner of 80 per cent of Steel Mill in Smederevo, after being the only company to submit a valid bid.

romania-s-car-industry-faces-turmoil
08 Jan 15

Dacia Car Workers Threaten Strikes in Romania

Workers at the main carmaking plant in Romania are threatening industrial action in a dispute over pay and bonuses.

croatia-limping-at-eu-frontend
07 Jan 15

Croatia Falling Behind in EU, Statistics Show

New data from Eurostat have no good news for Croatia, whose economy is falling behind that if its EU counterparts in almost all fields.

albania-oil-industry-halts-investments-due-to-the-weak-international-price
07 Jan 15

Tumbling Prices Hit Albania's Oil Industry Hard

Falling oil prices have dealt a heavy blow to the increasingly important oil extraction business in Albania, which will have knock-on effects for Albania's economy generally.

forbes-recommends-montenegro-as-top-travel-destinations-in-2015
06 Jan 15

ForbesLife Lists Montenegro as Must-See Destination

Montenegro is among the top three must-see places to visit in 2015, according to the lifestyle wing of the prestigious international business magazine, Forbes.

Politics and Society

macedonia-opposition-head-charged-for-espionage-1
31 Jan 15

Macedonia Opposition Leader Charged With Spying

After the Prime Minister on TV accused him of attempting a coup, Macedonia's opposition head, Zoran Zaev, has been charged with espionage and ordered to surrender his passport.

Culture and Lifestyle

croatian-night-of-museums-kick-off-on-friday-evening

Croatian Night of Museums Kicks Off

Museums and cultural institutions in Croatia are opening their doors to visitors for free on Friday night - a tradition that goes from strength to strength each year.