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Latest Business News from the Balkans

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.

albania-ready-to-start-the-interconnection-line-with-macedonia-07-25-2016
26 Jul 16

New Power Line to Link Albania to Macedonia

A German bank loan of 50 million euros opens the way for the construction of 126km high voltage 400kV line from Elbasan in Albania to Bitola in Macedonia, designed to integrate the energy trade in the region.

bosnia-biomass-energy-potential-lies-unexploited-07-22-2016
25 Jul 16

Bosnia Failing to Exploit Biomass Potential

If forest-rich Bosnia made full use of the potential from biomass energy, it could meet around 7 per cent of its electricity needs, but the resource is not being exploited, experts say.

cruisers-port-of-no-need-to-dubrovnik-07-21-2016
22 Jul 16

Cruise Liners' Terminal 'Not Needed' in Dubrovnik

After the project to build a special cruise-liner terminal in Dubrovnik foundered on Wednesday, some analysts say the world-famous Croatian maritime resort would not have gained much from it.

economists-believe-the-judicial-reform-will-help-businesses-in-albania-07-19-2016
20 Jul 16

Judicial Reform ‘Will Help Business in Albania’

The proposed judicial reform will help to improve the business environment because local and foreign investors often face corrupt or politically-influenced judges in property disputes, experts said.

bulgarian-court-denies-extradition-to-suspected-wall-street-fraudster-07-15-2016
15 Jul 16

Bulgarian Court Blocks Alleged Fraudster's Extradition

A Bulgarian court has blocked the extradition of Nedko Nedev, wanted in the US for market manipulation and insider trading, on the grounds that he has schizophrenia.

political-talks-revive-cancelled-belene-nuclear-project-in-bulgaria-07-14-2016
15 Jul 16

Bulgaria Deputy PM Backs Restarting Belene Project

After being ordered to pay compensation of over half a billion euros to Russia’s Atomstroyexport for nuclear equipment, Bulgarian politicians are considering restarting the abandoned nuclear power project in Belene. 

bulgaria-to-join-a-new-transport-route-from-iran-07-11-2016
12 Jul 16

Iran Invites Bulgaria to Join New Transport Route

Bulgaria's Prime Minister, on a visit to Iran, said Tehran had asked Bulgaria to join a new transport route running from the Persian Gulf to the Black Sea, bypassing Turkey.

political-wrangles-put-bosnia-s-imf-loan-on-hold-07-07-2016
07 Jul 16

Political Wrangles Put Bosnia’s IMF Loan on Hold

Unexpected delay in IMF program seen as major blow to Bosnia's hopes of staving off a liquidity crisis.

serbian-energy-power-industry-sackings-needed-for-long-awaited-reforms-06-30-2016
01 Jul 16

Serbia Under Pressure to Cut Power Utility Staff

The government is under growing pressure to undertake painful staffing of around 4500 people and pricing reforms in Serbia’s Electric Power Industry, EPS.

Premium

belgrade-failing-to-develop-mid-market-tourism--07-22-2016
16 Aug 16

Belgrade ‘Failing to Develop Mid-Market Tourism’

The city needs more mid-range hotels, a modernised convention centre, and innovative, accessible museums to boost tourist numbers, experts say.

28 Jul 16

Bosnia Struggles to Sell Its Failing Companies

25 Jul 16

Legendary Yugoslav Car Firm Fades Into History

21 Jul 16

Serbia Braces for Brexit Fallout

21 Jul 16

Macedonia Parties Trade Blame Over Budget Cuts

Politics and Society

4th-explosive-device-in-pristina-within-a-month-08-29-2016
29 Aug 16

New Bomb Attack Shocks Kosovo Broadcaster

Kosovo's public broadcaster has condemned the bomb attack on the home of the station's director and blamed it in part on the opposition Vetevendosje party - which denied any role.

29 Aug 16

Fewer Romanians Missing After Italian Quake

29 Aug 16

Violent Protest Against Kosovo Serbs Condemned

Culture and Lifestyle

hidden-treasures-of-belgrade-s-kalemegdan

Hidden Treasures of Belgrade’s Kalemegdan

It might be one of Belgrade’s most visited tourist attractions, but the city’s great park holds many secrets.