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Latest Business News from the Balkans

croatian-government-offering-highways-to-citizens
24 Apr 15

Croatia to Offer Shares in Highways to Citizens

Croatia is dumping its unpopular plan to lease the country's cash-strapped highways to foreign investors - and will instead offer shares in them to Croatian citizens and pension funds.

balkan-countries-sign-gas-pipeline-agreement
23 Apr 15

Balkan Countries Sign Gas Pipeline Agreement

Bulgaria, Greece and Romania are planning the construction of a new gas corridor in order to reduce dependence on Russian energy deliveries.

eu-helps-create-balkan-transport-network
22 Apr 15

EU Hails Balkan Transport Network Deal

Leaders of six Western Balkans countries meeting on Tuesday in Brussels agreed on plans for a regional transport network, to which the EU has pledged 130 million euros.

brusselss-approves-romania-s-aid-for-energy-holding
22 Apr 15

EU Backs Romania’s Aid for Energy Complex

The European Commission has approved the temporary rescue aid package that Romania has offered the energy producer Complexul Energetic Hunedoara.

uber-app-outrages-zagreb-taxi-drivers
21 Apr 15

Uber's Advent Angers Croatian Taxi Drivers

The taxi application Uber's announced arrival in Zagreb is alarming local taxi drivers, drawing complaints about unfair competition in an already over-saturated market.

montenegro-rises-petrol-price-to-pay-highway-loan
17 Apr 15

Montenegro Raises Petrol Price to Pay Highway Loan

The Montenegrin government is to introduce a new fuel tax in order to cut the budget deficit and pay off a huge loan it took to build a highway.

croatian-mountain-service-starts-charging-tourists-for-services
17 Apr 15

Croatia to Charge Tourists for Mountain Rescues

The Croatian Mountain Rescue Service plans to start charging tourists for saving them when they are stranded on mountains or in other remote places.

imf-slightly-ups-montenegro-s-growth-forecast
17 Apr 15

IMF Slightly Raises Montenegro’s Growth Forecast

Montenegro's GDP is projected to grow by 4.7 per cent in 2015 and 3.5 per cent in 2016, the International Monetary Fund said in its latest report.

croatia-introduces-higher-excises-on-tobacco-and-gas
16 Apr 15

Croatia Raises Tax on Tobacco and Petrol

In order to cut the budget deficit and avoid punitive measures being imposed by Brussels, the Croatian government is introducing higher taxes on tobacco, petrol and diesel.

montenegro-struggles-to-keep-emirates-investor
15 Apr 15

Montenegro Struggles to Secure Emirati Investment

The Montenegrin government is renewing efforts to secure investment from a major Abu Dhabi company after it pulled out of a 300-million-euro deal to build a luxury resort.

business-fair-calls-for-investments-into-war-torn-mostar
15 Apr 15

Bosnia Urges Investments in War-Torn Mostar

An international business fair in Mostar highlighted the need for investment in the war-damaged southern town which has been suffering from high unemployment and political strife.

french-company-signs-490-mn-investment-deal-for-brezovica-ski-resort
14 Apr 15

Kosovo Signs French Deal for Brezovica Ski Resort

Kosovo signed a 409 million euro investment deal with a French consortium for its largest ski centre amid worries in the Serb community that local workers will be pushed out.

unfair-competition-from-informal-sector-and-corruption-haunts-business-leaders-in-the-balkans
13 Apr 15

Graft and Grey Economy Hindering Balkan Business, EBRD

A new survey from the European Bank for Reconstruction and Development, EBRD, shows that corruption, competition with the informal sector, complex taxes and lack of access to bank loans are the chief complaints of business leaders in the Balkans.

bosnia-prepares-for-milk-wars-1
10 Apr 15

Bosnia Vows to Save Dairy Farmers From Ruin

Fearing a flood of cheap dairy imports after the EU scrapped milk quotas, Bosnian authorities have vowed to do what it takes to protect farmers and enable them to export to the EU.

foreign-investors-battle-over-bosnia-s-mine
10 Apr 15

Bosnian Serbs Torn Over Disused Mine's Future

Leaders of the Serb-dominated entity in Bosnia are divided over which of two different international investors should buy the out-of-work iron ore mines in Ljubija.

Premium

pay-and-pension-increase-unlikely-despite-deficit-cut
17 Apr 15

Pay and Pension Increase Unlikely Despite Deficit Cut

Serbia’s surprise deficit reduction has led to optimistic talk of raising pensions and public sector pay to pre-austerity levels, but experts warn the economy remains far too fragile for that.

Politics and Society

macedonians-decide-faith-of-iconic-mall-in-referendum
26 Apr 15

Macedonians to Vote on Fate of Iconic Mall

Residents of the Skopje municipality of Centar on Sunday will vote in the first local referendum in the country over a much-loved mall that the government plans to transform.

Culture and Lifestyle

new-wave-s-musical-legacy-dies-hard-in-croatia

New Wave’s Musical Legacy Dies Hard in Croatia

The clubs have mostly gone and the bands broken up, but the golden age of Yugoslav rock has not vanished without trace in Zagreb.