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Latest Business News from the Balkans

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.

tirana-starts-the-skyscrapers-construction-era-10-05-2017
06 Oct 17

High-Rise Boom Transforms Albanian Capital's Skyline

Prime Minister Edi Rama is getting closer to realising his dream of dotting the skyline of Tirana with a forest of skyscrapers - whose economic need is questionable, critics say.

agrokor-s-financial-report-shows-massive-losses-10-05-2017
05 Oct 17

Financial Report on Croatia's Agrokor Reveals Huge Losses

A revised financial report for Croatian giant Agrokor’s major subsidiaries showed that the former management’s financial accounts understated their losses by 250 million euros in 2015.

bulgaria-boosts-efforts-against-eu-double-standards-in-foods-10-02-2017
02 Oct 17

Bulgaria Pushes EU Over Food 'Double Standards'

Bulgaria's Ombudsman and NGOs have petitioned the European Parliament, demanding urgent against companies that sell lower quality products under the same labels in different parts of Europe. 

Premium

eu-funds-bring-hope-for-bosnia-s-neglected-farmers-01-17-2018
18 Jan 18

EU Funds Bring Hope for Bosnia's Neglected Farmers

A last-minute political breakthrough means that Bosnian farmers may finally be able to access badly needed EU funds for agriculture.

20 Nov 17

Serbia’s IMF Arrangement Ends on High Note

06 Nov 17

Threat to Quit CEFTA Stirs Debate in Kosovo

Politics and Society

ivanovic-killing-shows-serbia-and-kosovo-must-cooperate-01-23-2018
23 Jan 18

Ivanovic Killing Shows Serbia and Kosovo Must Cooperate

The EU must use the momentum generated by the joint probe into Kosovo Serb leader Oliver Ivanovic’s recent assassination to insist that Serbia and Kosovo’s prosecutors continue to work together to tackle serious crimes.

23 Jan 18

Challenges Facing Serbia in 2018

23 Jan 18

Most Macedonian Professors Wish to Emigrate

23 Jan 18

Unsafe Haven: Life and Death for LGBT Refugees

Culture and Lifestyle

kosovo-s-uta-ibrahimi-aims-to-climb-all-14-himalayas-peaks-01-23-2018

Kosovo Woman Aims to Climb All 14 Himalayan Peaks

After becoming the first Albanian woman to reach the top of Mount Everest, the highest mountain in the world, Kosovo’s Uta Ibrahimi is planning to climb all 14 peaks in the Himalayas.