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Latest Business News from Serbia

balkan-countries-hit-by-cyber-attack-05-15-2017
15 May 17

Romania Worst Hit in Balkans by Cyber-Attack

Romania was the Balkan country worst affected by last Friday's global cyber-attack, while Bulgaria reported that one unnamed public institution was affected.

vasilev-s-serbian-company-facing-bankruptcy-05-12-2017
15 May 17

Bulgarian Tycoon's Serbian Factory Faces Bankruptcy

Workers at the indebted Serbian Glass Factory in Paracin, owned by Bulgarian tycoon Tsvetan Vasilev - whose extradition is now sought by the Bulgarian authorities - are demanding that the Serbian government help them.

serbian-minister-to-organize-meeting-on-agrokor-without-croatia-04-18-2017
19 Apr 17

Serbia Hosts Agrokor Summit Without Croatia

Serbia's Trade Minister on Wednesday will host a joint meeting with trade ministers from Slovenia, Bosnia and Montenegro on the Agrokor crisis - but apparently without a Croatian representative.

croatia-s-agrokor-chief-restructuring-officer-known-04-03-2017
03 Apr 17

Alvarez Likely to Head Restructuring of Croatia's Agrokor

Media reports have revealed that Antonio Alvarez III of Alvarez and Marsal will be in charge of restructuring Croatia's troubled economic giant Agrokor.

standstill-agreement-reached-between-croatian-agrokor-and-banks-03-31-2017-1
31 Mar 17

Emergency Deal Announced to Keep Croatia's Agrokor Solvent

Amid fears that Croatia's biggest private company could sink under its debts, Erste bank on Friday announced a 'standstill agreement' designed to keep the failing giant solvent during a restructuring process.

balkan-retail-giant-agrokor-face-new-troubles-02-24-2017
24 Feb 17

Balkan Retail Giant Agrokor Faces New Troubles

The biggest retail company in Croatia, with a strong presence in the region, faces fresh financial trouble, as its bond prices drop again.

office-for-kosovo-presenting-tourism-potentials-of-kosovo-on-tourism-and-vine-fair-02-24-2017
24 Feb 17

Belgrade Showcases Kosovo Serb Tourism Potential

The Serbian government is promoting the tourist potential of breakaway Kosovo at the Belgrade Tourism and Wine Fair - but only the potential of Serb-run areas.

bosnian-serbian-delegation-launches-charm-offensive-in-saudi-arabia-01-30-2017
31 Jan 17

Bosnia, Serbia Launch Joint Trade Offensive in Saudi Arabia

The first joint delegation by trade officials from Bosnia and Serbia to visit Saudi Arabia aims to create a united front for the two Balkan states when it comes to boosting arms exports, analysts say. 

bulgaria-serbia-put-high-hopes-on-joint-pipeline-01-19-2017-2
20 Jan 17

Bulgaria, Serbia Voice High Hopes About Gas Pipeline

Ministers of Bulgaria and Serbia have agreed a gas interconnector should become fully operational by 2020, helping both countries reduce their dependency on Russian energy.

bank-of-china-set-to-start-serbia-operation-11-22-2016-1
22 Nov 16

Bank of China Set to Start Serbia Operation

Bank of China will receive a full licence to start operating at the beginning of 2017 in Serbia - the first Balkan country to host one of the world's largest banks.

crimea-officials-tout-for-business-in-serbia-10-21-2016
21 Oct 16

Crimea Officials Tout for Business in Serbia

A delegation from the region controversially annexed by Russia is visiting Serbia and urging businesses to invest despite EU sanctions.

serbia-s-high-hopes-from-the-abolition-of-visas-with-china-10-17-2016
18 Oct 16

Serbia Eyes Benefits of Scrapping Visas with China

The proposed abolition of visas between Serbia and China would provide a major boost to the Serbian economy and to tourism if it passed, experts agree.

albania-serbia-trade-volume-in-growth-10-14-2016
17 Oct 16

Albania-Serbia Trade Grows From Modest Base

Trade between Albania and Serbia is growing steadily, albeit from a low base - and the disparity between what Serbia sells to Albania, and what Albania sells to Serbia, remains huge.

albania-business-representatives-split-over-a-commerce-chamber-with-serbia-10-13-2016
14 Oct 16

Joint Chamber Aims to Boost Serbia-Albania Trade

The launch on Friday of a joint Serbia-Albania Chamber of Commerce in Nis is intended to enliven currently weak economic ties between the two countries - but not everyone expects it to succeed.

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’.

Premium

ivica-todoric-croatia-s-tycoon-who-wanted-too-much-04-25-2017
27 Apr 17

Ivica Todoric: Croatia's Tycoon Who Wanted Too Much

Ivica Todoric, the man who transformed his flower company into one of the Balkans' biggest business empires, Agrokor, now faces the possibility of seeing the debt-ridden firm go under.

13 Apr 17

New Shopping Malls Spring Up Across Belgrade

14 Mar 17

Belgrade Makeover: Grand Revamp or Fantasy?

27 Jan 17

China Sees Belgrade Bank as Route into Europe

18 Jan 17

Serbia Urged to Build on Results of 2016

Politics and Society

usa-deported-serb-wanted-for-war-crimes-05-24-2017
24 May 17

US Deports Serb Wanted Over Srebrenica Killings

The US on Monday deported Srdjan Bilic to Serbia, where he is wanted in connection with war crimes committed in 1995 in Srebrenica in eastern Bosnia.

24 May 17

Serbia's Monarchists Want King Back on Throne