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Latest Business News from the Balkans

coca-cola-plans-buying-banja-luka-beverage-company-11-29-2017
29 Nov 17

Coca-Cola to Acquire Banja Luka Drinks Company

As Coca-Cola announces plans to buy Banja Luka beverages company MB Impex, the Bosnian authorities are checking the likely impact on the local alcoholic drinks market.

romania-central-bank-warns-of-high-deficit-risks-11-10-2017
10 Nov 17

Romania Bank Chief Warns of High Trade Deficit

Romania’s Central Bank governor has sounded a number of warning notes about the country's apparently booming economy, including the risk of a yawning trade deficit. 

croatia-s-rigid-pensions-reform-won-t-solve-issues--11-08-2017
09 Nov 17

Pension Reform Plan Encounters Opposition in Croatia

Penioners groups and some economists have slated Croatia’s announced reform of the pension system, saying penalising early retirement will not resolve the basic problem.

romania-to-adopt-fiscal-changes-despite-opposition-11-07-2017
08 Nov 17

Romania to Adopt Fiscal Changes Despite Opposition

Romania’s Social Democratic Party-led cabinet is set to pass a controversial decree on fiscal changes Wednesday that critics say could result in wages slumping and economic instability. 

moldovans-send-home-more-euros-than-rubles-11-06-2017
06 Nov 17

Moldovans Send Home More Euros than Rubles

As Moldova’s breach with Russia widens, fewer Moldovans going abroad to work are going to Russia – which is having a clear impact on the currencies in which they send money home.

romania-to-investigate-illegal-logging-in-national-park-11-01-2017
02 Nov 17

Romania Pledges to Investigate Vanished Forest

Romania’s Environment Ministry said on Wednesday that it will investigate how 50 hectares of forest vanished from a national park in the Carpathians, presumably as a result of illegal logging. 

balkan-states-score-high-in-the-world-bank-s-doing-business-ranking-11-01-2017
01 Nov 17

Balkan States Score Well in Doing Business Ranking

World Bank's latest global business ranking holds cheering news for some Western Balkan countries, such as Macedonia and Kosovo, but not for Bosnia, Croatia and Albania, which did not make it into the top 50.

report-evaluates-albania-economy-on-strong-footing-10-30-2017
31 Oct 17

London Report Makes Upbeat Forecast on Albania Economy

London-based BMI Research has upgraded Albania's GDP growth forecast for this year and next, based on a favourable climate for investment and a rise in local consumption. 

croatian-companies-against-eu-s-equal-posted-workers-wages-10-25-2017
26 Oct 17

Croatian Companies Argue Against EU-Backed Wage Boost

Croatian companies are protesting that a newly-adopted EU directive likely to increase wages for employees sent to work in other EU states will hurt their their businesses and cause job cuts.

tito-s-ny-penthouse-opens-doors-to-potential-buyers-10-13-2017
16 Oct 17

Tito's NY Penthouse Opens Doors to Potential Buyers

A real estate agency is ready to show potential buyers the 418-square-metre penthouse apartment on Park Avenue in Manhattan once used by Yugoslav President Josip Broz Tito.

romania-no-longer-europe-s-poor-man-guardian-says-10-15-2017
16 Oct 17

Romania ‘No longer Europe’s poor Man’, Guardian Says

Leading UK paper says Romania is fast shrugging off its negative image as the economy and IT sector power ahead, despite continuing problems of corruption.

pledge-to-extend-vat-worries-albania-s-small-businesses-10-12-2017
12 Oct 17

Pledge to Extend VAT Worries Albania’s Small Businesses

Government plans to extend VAT to small businesses – to curb the informal economy – have left many of them fearful about the future. 

croat-clothing-brand-profits-from-tito-nostalgia-10-12-2017
12 Oct 17

Croat Clothing Brand Profits From Tito Nostalgia

A new Croatian urban clothing company is turning the slogans and emblems of the long-gone communist era into a fashion statement.

agrokor-s-state-manager-criminally-reports-todoric-10-09-2017
09 Oct 17

Agrokor Manager Files Crime Charges Against Todoric

After revealing all the debts owed by Croatia's troubled economic giant, Agrokor, the company's state-appointed manager has confirmed filing a criminal charge against the former management, including the owner, Ivica Todoric.

agrokor-manager-files-crime-charges-against-todoric-10-12-2017
09 Oct 17

Agrokor Manager Files Crime Charges Against Todoric

After revealing all the debts owed by Croatia's troubled economic giant, Agrokor, the company's state-appointed manager has confirmed filing a criminal charge against the former management, including the owner, Ivica Todoric.

Premium

serbia-s-imf-arrangement-ends-on-high-note-11-17-2017
20 Nov 17

Serbia’s IMF Arrangement Ends on High Note

Belgrade’s 1.2 billion euro Stand-By Arrangement with the IMF is slowly coming to its end on a positive note, though experts warn that some serious challenges for the economy still lie ahead.

06 Nov 17

Threat to Quit CEFTA Stirs Debate in Kosovo

23 Oct 17

Croatian Top Economists Back Move to Join Euro

19 Oct 17

EU Mulls Lower Roaming Charges for Balkans

Politics and Society

balkan-arms-exports-diverted-to-isis-report-12-15-2017
15 Dec 17

Balkan Arms Exports ‘Diverted to ISIS’: Report

Balkan governments need to ask the US and Saudi Arabia more questions following revelations that their arms deliveries are routinely diverted to Syria and into the hands of ISIS, a report says.

15 Dec 17

Bosnia Serbs Vow to Block NATO Accession Plan

Culture and Lifestyle

bosnian-piano-students-break-guiness-world-record-12-12-2017

Bosnians Break World Record for Simultaneous Piano-Playing

A multi-ethnic group of music students from Sarajevo and Eastern Sarajevo set a new Guinness world record as 20 of them played the same piece on the same piano simultaneously.