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Latest Business News from Serbia

17 Apr 14

Serbian Companies in Restructuring Heavily in Debt

Serbian companies undergoing restructuring owe 1.5 billion euro to state creditors alone, World Bank official Dusko Vasiljevic warned, increasing the risk of them going bankrupt.

14 Apr 14

South Stream Work in Serbia on Course, Gazprom Says

The South Stream gas pipeline project in Serbia will this year enter the active implementation stage, a Gazprom official said.

07 Apr 14

New Flights Take Off From Belgrade

Several airlines are launching flights to new destinations this spring, including popular summer hotspots like Barcelona and Dubrovnik.

03 Apr 14

Wizz Air Slashes Belgrade Flights in Tax Row

The Hungarian low-cost airline has announced it will halve its Belgrade operations after the city airport increased taxes by 40 per cent.

25 Mar 14

Etihad Co-partnership With Air Serbia Sealed

Etihad Airways, the flag airline of the United Arab Emirates, is now officially the co-partner of Air Serbia, owning 49 per cent of the shares in a joint company with the Serbian government.

13 Mar 14

Last Chance for Serbian National Carrier

Draft contracts between Serbia and Etihad Airways, which BIRN obtained, reveal how they planned to turn Serbia’s loss-making carrier into a sustainable and competitive Air Serbia.

11 Mar 14

Kosovo Economists Query Public Sector Pay Hikes

As the Kosovo government announces major rises in public-sector wages, some economists say the focus should be on creating jobs, not raising the pay of those in employment.

21 Feb 14

Belgrade Illegal Market Traders Face Crackdown

Belgrade’s open-air markets will get stricter inspections after sausages made from rotting animal corpses were seized from illicit traders.

18 Feb 14

Telecoms Giants Gather in Belgrade

The most successful business people and innovators in the telecommunications sector in South-East Europe meet in Belgrade for the annual SEE Telecoms Forum.

20 Jan 14

Serbian Unions Want Economy Minister to Quit

As Serbia's economy minister pushes on with new laws on privatisation, trade unions have requested his dimissal.

15 Jan 14

Macedonia Tops Balkan Economic Freedom List

The latest Index of Economic Freedom has put Macedonia at the top of the Balkan region in terms of economic freedom.

10 Dec 13

Balkan Economies Recovering, World Bank

The South East Europe region exited recession in the first half of 2013, led by strong growth in exports, a report by the World Bank presented on Monday in Tirana says.

04 Dec 13

Tax Rises in Serbia's 2014 Budget Defended

Ahead of a vote by MPs on the 2014 budget, Serbia's Finance Minister says the planned VAT hike and other reforms will help the country avoid a Greek-style financial meltdown.

27 Nov 13

Serbia Sells Stakes in Pharmaceuticals and Publishing

Belgrade has decided to sell off the indebted pharmaceutical company Galenika and the publishers of the veteran newspaper Politika.


19 Nov 13

Air Serbia to Get Ten New Airbus Planes

Air Serbia will receive ten Airbus A320neo planes over the next few years to modernise its fleet, as new part-owner Etihad Airways seeks to upgrade the rebranded JAT Airways' image.


17 Apr 14

Austerity Threatens Serbia With Worse Recession

Slashing public sector wages will hit consumption and reduce growth, and the savings effect could be less than expected, the leading economist Vladimir Gligorov warns.

Politics and Society

23 Apr 14

Kosovo MPs Approve New War Crimes Court

After a heated debate, Kosovo lawmakers voted for the establishment of a new special court to probe war crimes and organ-trafficking allegedly committed by Kosovo Liberation Army guerrillas.