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Latest Business News from the Balkans

croatian-general-government-debt-goes-up-rapidly
30 Sep 14

Croatia Govt Debt Rises to 30 Billion Euro

Croatia's National Bank said government debt has reached a new peak over the past 12 months, rising by 13.6 per cent amid a continuing recession in the country.

romanian-firms-among-the-biggest-in-the-region
30 Sep 14

Romanian Firms Lead South-East Europe

The largest oil companies and banks in south-east Europe are based in Romania, according to an independent ranking of the top 100 firms in the region.

balkan-regulators-to-limit-roaming-charges
29 Sep 14

Balkan States to Cut Mobile Roaming Charges

Following the EU's example, regulators in four Balkan countries have finally agreed to reduce mobile phone roaming charges, which are much higher than in western Europe.

russian-companies-enter-croatian-real-estate-market
29 Sep 14

Croatian State Property Sale Interests Russians

A Russian-owned and financed real estate company is eyeing no less than 23 of the 100 properties that the Croatian state is selling off to raise cash.

state-companies-run-the-economy-in-croatia
26 Sep 14

Croatia's State Companies Boost Profit Margins

Croatia's main state-owned companies earned bigger profits in the first half of 2014 compared to last year, but some experts say their dominant position in the economy is unhealthy.

biggest-croatian-tobacco-company-goes-for-sale
24 Sep 14

Croatian Tobacco Giant Goes on Sale

Croatian Adris Group plans to sell its tobacco plant in Rovinj after several years of declining production.

air-serbia-launches-flights-from-tirana-to-belgrade
23 Sep 14

Air Serbia Launches Flights to Albania

Tirana International Airport, TIA, inaugurated a new route between Tirana and Belgrade on Tuesday through Serbia’s national carrier, Air Serbia, which will operate the route three times a week.

montenegro-approves-privatisation-of-largest-arms-exporter
22 Sep 14

Montenegro to Put Arms Exporter up For Sale

Montenegro has decided to sell off its state-owned arms exporter and a manufacturer of explosives, in the hope of bringing in strategic partners that will update the companies.

croatia-airlines-up-for-sale
19 Sep 14

Croatia to Sell Off Ailing State Airline

Croatia's government plans to end the years-long financial agony of the state owned-airline company by putting it up for sale.

croatia-pursuits-investments-from-us-it-sector
19 Sep 14

Croatia Woos America's Silicon Valley Giants

Croatian Prime Minister Zoran Milanovic is to meet heads of some of the biggest IT companies in the US - all part of his ambition to create Croatia's own version of Silicon Valley.

serbia-decides-to-cut-down-pensions-and-salaries
19 Sep 14

Serbia Decides to Cut Pensions and Salaries

Serbia's Prime Minister says pensions and salaries in the public sector must be cut as a part of a package of government austerity measures.

belgrade-eyes-a-high-rise-future
19 Sep 14

Belgrade Eyes a High-Rise Future

The capital’s assembly has cancelled the ban on skyscraper construction, opening the way for the showpiece Belgrade Waterfront project and for other investors to transform the city’s landscape.

macedonia-warms-to-high-speed-railroad-plan
17 Sep 14

Macedonia Warms to High-Speed Rail Plan

Macedonia is mulling whether to sign up to a Chinese plan to build a high-speed pan-Balkan railway line, which Serbia revealed last week.

croatia-and-hungarian-energy-company-mol-continue-their-battle-on-court-in-washington
12 Sep 14

Croatia and MOL Resume Battle in Washington

Croatia and the Hungarian energy company MOL have taken their dispute over the fate of the Croatian energy company INA to Washington for arbitration.

china-pledges-to-help-albania-build-highway
11 Sep 14

China Pledges to Help Albania Build Highway

Albania Prime Minister Edi Rama and Chinese Prime Minister Li Keqiang discussed plans to build a new highway from Tirana to the Macedonian border.

Politics and Society

macedonian-media-in-tight-government-grip-research-show
01 Oct 14

Macedonian Media in Govt's Grip, Research Says

New research says a range of political and financial pressures are constantly undermining the Macedonian media's freedom, independence and pluralism.

Culture and Lifestyle

joy-and-necessity-fill-belgrade-streets-with-music

Joy and Necessity Fill Belgrade Streets with Music

They are everywhere from the Terazije underground passage, all the way across the Knez Mihailova Street to the Kalemegdan Park, making people happy with music played both for pleasure and money.