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Latest Business News from the Balkans

bulgaria-serbia-put-high-hopes-on-joint-pipeline-01-19-2017-2
20 Jan 17

Bulgaria, Serbia Voice High Hopes About Gas Pipeline

Ministers of Bulgaria and Serbia have agreed a gas interconnector should become fully operational by 2020, helping both countries reduce their dependency on Russian energy.

plan-to-taking-croatian-oil-fields-in-syria-uncertain-01-12-2017
13 Jan 17

Croatian Plan to Regain Syrian Oil Fields Queried

Top Croatian energy expert expresses doubt about claims that the energy company INA can retake control over its abandoned oil and gas fields in war-torn Syria.

croatian-central-bank-euro-wishes-show-discrepancy--01-10-2017
11 Jan 17

Croatia Bank’s Hope of Introducing Euro Questioned

The Croatian National Bank wants to introduce the euro, but an economics expert warned that the public debt and current state budget are not favourable for such a move at the moment.

croatia-s-planned-energy-company-re-purchase-carries-risks-12-28-2016
29 Dec 16

Buying Back INA Will Cost Croatia, Economist Warns

Croatia’s announced buy-out of the energy company INA from the Hungarian giant MOL risks enlarging Croatia's already high level of public debt, an expert has warned.

serbian-church-slams-montenegro-s-plan-to-dam-moraca-river-12-26-2016-1
27 Dec 16

Serbian Church in Montenegro Slams Planned Dams

The Serbian Orthodox Church in Montenegro has criticized a plan to built hydropower plants on the river Moraca, claiming it could endanger an ancient monastery in the river canyon.

unions-protest-in-banja-luka-over-wage-reductions-12-21-2016
22 Dec 16

Bosnian Serb Unions Protest Over Wage Cuts

Unions plan protests on Thursday in Banja Luka against cuts in public-sector salaries in Bosnia’s Serb-led entity, Republika Srpska - timed to coincide with MPs' discussion of the budget.

montenegro-seeks-new-ways-to-finance-public-health-care-12-21-2016
22 Dec 16

Montenegro Urged to Radically Change Healthcare Funding

After the financing of the public health system almost collapsed this spring, a new model of funding it with money from taxes on tobacco and alcohol has been proposed.

montenegro-opposition-slams-government-s-budget-proposal-12-19-2016
20 Dec 16

Montenegro Opposition Slams Govt's Planned Benefit Cuts

The draft budget for next year drew strong criticism from the opposition, mostly over the government’s plan to cut benefits for families with children and take new loans to plug fiscal gaps.

crowdfunding-a-glimmer-of-hope-to-industrious-bosnians-12-09-2016
13 Dec 16

Crowdfunding Offers Cash-Strapped Bosnians Hope

It may be somewhat new to the Balkans - but crowdfunding platforms are fast becoming a valuable new financial resource for aspiring Bosnian entprepreneurs.

russian-tycoon-deripaska-sues-montenegro-over-investment-loses-12-07-2016
07 Dec 16

Russian Billionaire Sues Montenegro Over Lost Investment

Oleg Deripaska, owner of the Central European Aluminum Company, is personally suing Montenegro for the loss of his investment in the troubled KAP aluminum plant.

bulgaria-s-largest-industrial-hub-mulls-importing-workers-12-06-2016
06 Dec 16

Bulgaria’s Industrial Hub Appeals to Foreign Workers

Major industrial enterprises in the region of Plovdiv, Bulgaria’s second-largest city, want to hire at least 5,000 workers but lack qualified candidates and plan to recruit ethnic Bulgarians from abroad.

italian-legislation-on-call-centres-alarm-albania-12-05-2016
06 Dec 16

Italian Law Threatens Call Centres in Albania

Thousands of jobs in Albania appear at risk after Italy passed a new law restricting the rights of Italian companies to outsource customer services across the Adriatic Sea.

croatia-russia-trade-unaffected-by-political-disputes-11-30-2016
01 Dec 16

Croatia Shrugs off Slump in Trade With Russia

Sharp falls in Croatian imports from Russia worry few experts in Zagreb - who in any case blame falling energy prices and changes in currency exchange rates as well as tit-for-tat sanctions and political feuds.

bank-of-china-set-to-start-serbia-operation-11-22-2016-1
22 Nov 16

Bank of China Set to Start Serbia Operation

Bank of China will receive a full licence to start operating at the beginning of 2017 in Serbia - the first Balkan country to host one of the world's largest banks.

croatian-tax-reform-to-benefit-all-11-15-2016
16 Nov 16

Croatian Tax Reform Expected to Boost Incomes

The government’s recently-announced tax reform, intended to stimulate spending and economic growth, is expected to benefit both companies and ordinary Croatians, experts said.

Premium

investment-in-macedonia-falls-short-of-govt-hype-01-23-2017
23 Jan 17

Investment in Macedonia Falls Short of Govt Hype

BIRN database shows foreign firms invested only a small fraction of money in Macedonian that officials said was in the pipeline.

18 Jan 17

Serbia Urged to Build on Results of 2016

17 Jan 17

Young Albanians Strike Gold in the Emirates

14 Nov 16

Serbia Must Make Better Use of Bumper Harvests

Politics and Society

serbian-activists-accuse-officials-of-making-threats-01-22-2017
23 Jan 17

Serbian Activists Accuse Official of Making Threats

A member of the Let’s not Drown Belgrade movement said a newly-employed staffer in the government’s Kosovo office was one of many people to have threatened them on social networks.

23 Jan 17

Redrawing Balkan Borders Would Shock Europe

Culture and Lifestyle

photographers-document-bosnia-s-war-of-memories--01-13-2017

Photographers Document Bosnia’s ‘War of Memories’

An exhibition of pictures by two Bosnian photographers offers stark images of memorials to people of all ethnic groups who were killed during the war in Bosnia and Herzegovina.