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Latest Business News from the Balkans

montenegro-hopes-to-see-more-chinese-tourists
29 Jun 15

Montenegro Hopes for More Chinese Tourists

After a drastic decline in Russian tourists in 2014, Montenegro is turning to other eastern markets to compensate the loss, with the government hoping for an influx of Chinese holidaymakers.

serbian-govt-plan-to-sell-telekom-face-criticism
29 Jun 15

Serbian Govt Criticised Over Telecoms Sell-Off

Right-wing opposition parties criticised the government’s decision to privatise the state-owned telecommunications provider Telekom, arguing that a profitable enterprise shouldn’t be sold.

montenegro-obstracts-roaming-cut-regional-deal
26 Jun 15

Montenegro Court Blocks Deal to Cut Roaming Charges

An agreement on reducing roaming charges between Serbia, Bosnia, Montenegro and Macedonia could fail after a Montenegrin court called it 'unacceptable' for the country.

romanian-pancake-truck-owner-hailed-for-commitment
25 Jun 15

US Toasts Sweet Success of Romanian Entrepreneur

A young woman who turned her passion for pancakes into a small but thriving business has seen her achievement recognised by the US embassy in Bucharest.

eu-market-opens-for-selected-bosnia-milk-producers
24 Jun 15

EU Market Opens to Bosnia Dairy Farmers

Bosnian producers will soon be able to re-start milk and diary exports to Croatia, and to other EU countries, in a major breakthrough for Bosnia’s feeble economy.

montenegro-renews-its-economic-citizenship-offer
24 Jun 15

Montenegro Revives Plan to Sell Passports to Investors

Ministry says foreigners will be able to obtain citizenship in return for directly investing in the undeveloped north of the country - although when the offer will begin remains unclear

montenegro-s-miners-strike-paralyzes-niksic
23 Jun 15

Bankrupt Mine Workers Block Roads in Montenegro

While the government seeks a buyer for the bankrupt Bauxite Mines company in Niksic, miners have blocked roads in protest over their unpaid wages.

eu-keen-to-help-serbia-secure-gas-supply
19 Jun 15

EU Keen to Help Serbia Secure Gas Supply

After Serbia’s Foreign Minister accused the EU of bypassing Serbia in its plans to construct a new gas pipeline, the head of the EU delegation said Brussels wanted to help Serbia secure its gas supply.

croatian-company-starting-regional-online-shopping-platform
19 Jun 15

Croatia's Agrokor Launches Regional Online Shopping Platform

The Croatian company Agrokor is starting its regional online shopping platform, called A007, which it intends to become a regional version of China's Alibaba.

serbian-electricity-prices-hike-hit-living-standard
17 Jun 15

Serbian Unions Slate Electricity Price Hike

Serbian unions condemn government's announced rise in the electricity price as a blow to ordinary citizens’ living standards.

german-company-to-build-plant-in-romania
16 Jun 15

German Company to Build Plant in Romania

The German cleaning equipment producer Kaercher is to invest 20 million euro in a new plant in southern Romania.

businessmen-still-wait-for-reforms-to-pay-off-in-bosnian-serb-entity
15 Jun 15

‘Reforms Yet to Pay Off’ in Bosnian Serb Entity

The government of Bosnia’s Serb-dominated Republika Srpska is implementing a third round of economic and social reforms, but local businessmen and entrepreneurs still see no positive effects from previous changes.

once-leading-bosnia-detergent-company-rises-from-ashes
12 Jun 15

Much-Loved Bosnian Company Rises From Ashes

Workers at the Tuzla's bankrupt Dita detergent company have restarted production on their own, following years of financial problems - and are winning cheers from the local community.

bosnian-serb-entity-eyes-difficult-pension-system-reform
11 Jun 15

Bosnian Serb Entity Adopts Tough Pension Reforms

Bosnia’s Serb-dominated entity Republika Srpska is reforming its pension system to ensure regular payments but the changes may increase pressure on its already depleted budget.

imf-pledges-22-mln-for-kosovo-1
10 Jun 15

Kosovo Offered IMF Deal if it Continues Reforms

The IMF has agreed a 185-million-euro aid package to Kosovo if the government there continues its work on an agreed package of reforms.

Premium

ramadan-in-sarajevo-becomes-growing-attraction
29 Jun 15

Ramadan in Sarajevo Becomes Growing Attraction

Thousands of visitors from the Gulf and other Muslim countries are coming to spend Ramadan in Sarajevo – and their arrival is prompting local Muslims to change their customs.

Politics and Society

bosnian-serb-call-un-not-to-addopt-serb-resolution
29 Jun 15

Bosnian Serbs Urge UN to Drop Srebrenica Resolution

A Bosnian Serb leader told the UN secretary-general that a planned Security Council resolution to mark the 20th anniversary of the Srebrenica massacres would cause more divisions.

Culture and Lifestyle

enthusiasts-keep-alternative-arts-in-macedonia-alive

Enthusiasts Keep Alternative Arts in Macedonia Alive

With little money or state support, the fuel of the independent arts scene in Macedonia comes from enthusiast who connect up artists, the community and local businesses over their mutual goal –  presenting an alternative to the cultural mainstream.