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Latest Business News from Serbia

russia-cuts-down-gas-delivery-to-serbia
31 Oct 14

Russian Cuts to Gas Supply Worry Serbia

Amid reports that Russia was reducing gas supplies to Serbia in a dispute over debts, Serbia’s Prime Minister said the issue with Moscow would soon be resolved.

serbs-welcome-iphone-sale-in-queues
31 Oct 14

Midnight iPhone Sale Prompts Queues in Serbia

After iPhones went on sale legally for the first time in Serbia at midnight on Thursday, people waited in line to snap up the must-have devices.

balkans-creating-a-better-economic-climate
29 Oct 14

Balkans Do Better in 'Doing Business' Report

Most Balkan states have improved their positions in the World Bank's latest “Doing Business” report - some much more than others.

serbian-parliament-to-approve-pensions-salaries-cuts
22 Oct 14

Serbia MPs to Debate Revised Austerity Budget

Serbia's Finance Minister on Wednesday announced that parliament will shortly debate a draft revised budget and accompanying bills on cutting spending.

balkans-up-for-a-chill-if-russian-gas-halts
17 Oct 14

Balkan States Face Crisis if Russia Halts Gas Flow

Serbia, Macedonia and Bosnia could face a very cold winter if Russia halts gas exports to the EU, a gas stress test carried out by Brussels says.

growth-in-se-europe-to-remain-uneven-imf-says
08 Oct 14

IMF Revises Balkan Growth Prospects Downwards

Growth in Southeast Europe is likely to worse in 2014 than was anticipated, a new IMF report says.

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.

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.

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.

fiat-temporarily-ceases-production-in-serbia
09 Sep 14

Fiat Suspends Car Production in Serbia

The Serbian division of the Italian car manufacturer Fiat has temporarily halted production, citing a slowdown on the global car market caused by "economic crisis".

serbian-government-yet-to-decide-on-pensions-and-salaries-cuts
08 Sep 14

Serbian Government Discusses Pension and Salary Cuts

Top officials have started talks with the International Monetary Fund, unions and employers about an austerity budget with pension reductions and salary cuts for state employees.

serbian-public-companies-among-central-european-best
04 Sep 14

Serbian Public Companies Among Central Europe’s Big Earners

International business consultancy firm Deloitte’s annual list of the top 500 Central European companies revealed that some of the most successful Serbian firms are at least partly state-owned.

world-economic-forum-balkan-shows-mixed-results
03 Sep 14

Balkan Economic Competitiveness Makes Uneven Progress

The latest World Economic Forum report on global competitiveness ranks Bulgaria as the best in the Balkans and Albania as the worst, just behind Serbia.

balkan-telecom-regulators-to-scrap-roaming-charges
01 Sep 14

Sky-High Roaming Charges to Go in Balkans

Regulatory agencies in the Balkans have finally agreed to phase out mobile phone roaming charges, which are much higher than those in Western Europe.

Premium

austerity-is-bringing-serbia-no-benefits
31 Oct 14

Austerity is Bringing Serbia No Benefits

The revised budget reveals that the effects of the government’s ‘austerity’ policies are practically nonexistent - and will only result in a yet higher budget deficit.

Politics and Society

improving-justice-system-is-vital-for-serbia
31 Oct 14

Improving Justice System is Vital for Serbia

The Council of Europe Office’s new head in Belgrade, Tim Cartwright, says strengthening the rule of law will not only improve the justice system but stimulate investment, uphold a free media and help Serbia on its way to Europe.