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Latest Business News from Serbia

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’.

serbian-energy-power-industry-sackings-needed-for-long-awaited-reforms-06-30-2016
01 Jul 16

Serbia Under Pressure to Cut Power Utility Staff

The government is under growing pressure to undertake painful staffing of around 4500 people and pricing reforms in Serbia’s Electric Power Industry, EPS.

serbia-s-economy-after-brexit-depends-on-eu-economy-consolidation-06-27-2016
28 Jun 16

Serbia Ponders Brexit's Impact on Economy

Serbia’s economic stability during and after Britain's exit from the EU will depend on trends in the EU economy generally and on changes in the value of the euro, experts say.

public-administration-facing-new-layoffs-06-22-2016
22 Jun 16

Serbia Faces Further Public-Sector Layoffs

Serbia's Minister of Public Administration, Kori Udovicki, said up to 7,000 more staffers in the public sector will lose their jobs by the end of the year.

imf-cautions-against-serbian-payroll-increases-06-21-2016
21 Jun 16

IMF Cautions Against Serbian Payroll Increases

The International Monetary Fund thinks that public sector pensions and salaries should remain at their current levels in Serbia, despite recent government promises to raise both.

serbia-s-credit-based-economic-cooperation-lacks-direct-investments-06-14-2016
15 Jun 16

Experts Query Serbia’s Trade Deals With China

Ahead of the Chinese President's visit to Belgrade, some economists question whether Serbia stands to benefit much from its current economic cooperation with China.

government-promises-raise-of-pensions-imf-denies-06-10-2016
13 Jun 16

IMF Balks at Serbian Government Promises to Increase Pensions

The International Monetary Fund is sceptical about Serbian government optimism on public sector salary and pension increases.

serbia-is-getting-fourth-mobile-operator-05-25-2016
26 May 16

Serbia to Get Fourth Mobile Phone Operator

Serbia will have a fourth mobile operator from September this year, the UK-based firm Mundio, which should cut the price of mobile calls and increase competition in the market.

serbia-opens-the-tender-for-smederevo-steel-mill-03-04-2016
04 Mar 16

Serbia Opens Tender For Smederevo Mill

Serbia's government has launched a tender for the privatization of the ailing Smederevo steel mill, media reported Friday, following reports that China's HBIS Group may take it on.

energy-and-transport-dominate-ebrd-s-balkan-summit-in-london-02-22-2016
23 Feb 16

Balkan Leaders Discuss Energy, Transport at Summit

Transport links and energy projects were high on the agenda as Balkan premiers met at an investment summit in London organized by the European Bank for Reconstruction and Development.

Premium

serbia-warned-against-euphoria-over-fiscal-results-11-14-2016
16 Nov 16

Serbia Warned Against Euphoria Over Fiscal Results

Belgrade has won praise from the IMF for cutting the budget deficit - but the job of fiscal consolidation is far from over and big wage and pension hikes are still risky.

14 Nov 16

Serbia Must Make Better Use of Bumper Harvests

27 Oct 16

Serbia’s ‘Huge’ Tax Burden is a Myth

13 Oct 16

Serbia Awaits Evidence of Lasting Recovery

29 Sep 16

World Bank Upbeat About Western Balkans

13 Sep 16

Austerity Not Over for Serbia Despite Recovery

Politics and Society

serbian-pm-used-budget-discussion-to-lash-on-opposition-12-06-2016
06 Dec 16

Serbian PM Uses Budget Debate to Bash Opposition

At a parliamentary debate about the 2017 budget, Serbian premier Aleksandar Vucic accused various opposition MPs of being vote-riggers, mentally ill, illiterate and violent towards women.

05 Dec 16

Montenegro Serbs Tell Serbia's PM Their Woes

05 Dec 16

Serbia PM Mulling Fresh Elections, Experts Say