Home Page

Latest Business News from the Balkans

macedonia-rushes-record-budget-for-next-year-09-29-2016
30 Sep 16

Macedonia "Rushes" Record Budget Ahead of Elections

Macedonia's government said it is confident that the country can manage next year's largest-ever state budget - whose adoption in parliament arrived earlier than usual.

albanians-in-valbona-brace-to-stop-the-hydro-plants-09-21-2016
22 Sep 16

Albanian Activists Mull Lawsuits to Stop Power Plants

Activists in northern Albania are preparing lawsuits to halt the planned construction of power plants that they say will wreck tourism in the Albanian Alps.

bulgaria-approves-state-aid-to-cover-debt-to-russian-nuclear-firm-09-21-2016
21 Sep 16

Bulgaria MPs Back Repaying Russian Nuclear Firm

Bulgarian MPs have backed a bill that allows the state budget to cover debts of over 0.6 billion euros owed by Bulgaria’s state electric company NEC to Russia’s Atomstroexport - but Brussels needs to give its approval.

croatia-bosnia-to-discuss-key-bridge-project-09-13-2016
14 Sep 16

Croatia, Bosnia to Discuss Key Bridge Project

Croatian and Bosnian officials will meet to discuss the construction of a long-delayed new bridge linking the two countries which is important for the development of Bosnia's Serb-dominated entity Republika Srpska.

albanians-complain-against-tap-compensation-rates-09-12-2016
13 Sep 16

Albanians Dispute New Pipeline Compensation Rates

NGOs warn that Albanian families expected to give up their properties to make room for the Adriatic pipeline project, TAP, have not been adequately compensated, while some have faced threats of government expropriation.

imf-loan-pulls-bosnia-back-from-brink-09-09-2016
09 Sep 16

IMF Loan Pulls Bosnia Back From Brink

New loan averts danger of liquidity crisis - but the IMF’s strict terms will pose a challenge to politicians hunting votes in the October elections.   

shadow-economy-thriving-in-the-balkans-experts-warn-09-03-2016
05 Sep 16

'Shadow' Economy Thriving in Balkans, Study Shows

New survey blames high rate of people working in hidden economy in Balkan region on mistrust in state institutions - and unfair tax systems that penalise those on low incomes.

bosnia-wants-to-restore-its-booming-exports-to-russia-09-01-2016
02 Sep 16

Bosnia Hopes to Resume Food Exports to Russia

Bosnian authorities will do whatever is necessary to resume exports of fruits and vegetables to Russia, which were recently halted, a minister has said.

tourism-in-bulgaria-set-to-hit-a-record-this-summer-08-30-2016
31 Aug 16

Tourism in Bulgaria Set For Record Summer

After 4.5 million tourists visited Bulgaria between January and July, which is 16.9 per cent more than in the same period in 2015, minister predicts best tourism year ever.

bosnian-banks-give-interest-free-loan-to-federation-08-25-2016
25 Aug 16

Bosnian Banks Give Interest-Free Loan to Federation

Local commercial banks provided a loan to Bosnia's cash-strapped Federation entity with a negative interest rate as officials sought to plug holes in the budget.

bad-roads-blamed-for-macedonia-kosovo-trade-decrease-08-19-2016
22 Aug 16

Bad Roads Blamed for Macedonia-Kosovo Trade Decrease

The promised but as yet unbuilt highway stretch that would link Macedonia and Kosovo is taking a costly toll on Macedonian companies as trade between the two countries plummets.

minimal-rise-of-wages-for-workers-in-serbia-08-19-2016
19 Aug 16

Serbian Unions Seek Higher Minimum Wage

The Serbian government, employers and several unions are negotiating a new minimum wage level, but the proposed rise has already been described by one independent union as an ‘insult’.

russians-own-every-third-company-in-montenegro-report-08-17-2016
18 Aug 16

Russians Dominate Foreign Ownership of Montenegrin Companies

Despite Montenegro’s cooling relations with Moscow, every third foreign-run company in the tiny Adriatic country is owned by Russians, the state statistical agency said.

craft-beer-enthusiasts-find-good-business-in-bosnia-08-12-2016
15 Aug 16

Craft Beer Enthusiasts Find Good Business in Bosnia

Despite the small size of the country and a lack of a traditional beer-drinking culture, small craft breweries are flourishing in Bosnia.

bosnian-fruit-producers-scared-by-russian-ban-08-04-2016
05 Aug 16

Russian Ban Alarms Bosnia Fruit Producers

Bosnian fruit and vegetable producers stand to lose millions of euros after Russia slapped a temporary ban on imports of such items from Bosnia, citing concerns about safety.

Premium

world-bank-upbeat-about-western-balkans-09-29-2016
29 Sep 16

World Bank Upbeat About Western Balkans

A new report paints a broadly optimistic picture of economic trends in the Balkan region where growth rates in particular are picking up.

13 Sep 16

Austerity Not Over for Serbia Despite Recovery

28 Jul 16

Bosnia Struggles to Sell Its Failing Companies

Politics and Society

socialists-loose-mp-while-pushing-for-waste-import-09-30-2016
30 Sep 16

Key Rama Critic Quits Albania's Ruling Party

Ben Blushi, a long-time critic of Albanian PM Edi Rama, has left Rama's governing Socialist Party while lining up with those who oppose the controversial new law on imported waste.

30 Sep 16

Bulgaria MPs Ban Burqa in Public

Culture and Lifestyle

macedonia-faced-ban-on-serbian-music-09-28-2016

Sound of Serbian Music May Vanish From Macedonia

After much Macedonian music went off air in Macedonia in a dispute over copyright, Macedonian TV and radio stations now face another ban - on playing music from Serbia.