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Latest Business News from Serbia

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.

balkan-countries-to-jointly-overcome-economic-issues
28 Aug 14

Balkan Leaders in Berlin Pledge to Work Together

Balkan economy and finance ministers meeting in Berlin have agreed that their countries must jointly resolve economic issues that trouble the region.

eu-expects-from-serbia-not-to-missuse-russian-embargo
18 Aug 14

EU Tells Serbia Not to Exploit Russian Embargo

Brussels has warned EU candidate countries against exploiting the Russian embargo on EU food imports to their own advantage.

croats-eye-using-serbia-to-skirt-russian-ban
11 Aug 14

Croats Eye Using Serbia to Skirt Russian Ban

As Croatian exporters ponder repackaging goods in Serbia to evade Russia’s import ban, Serbia says it won’t let itself be used for sanctions-busting.

serbia-benefits-from-russia-s-ban-on-eu-food
08 Aug 14

Serbia Eyes Windfall From Russia’s EU Food Ban

Russia’s decision to impose a ban on the imports of food products from the EU has created an opportunity for Serbia to improve its position on the Russian market, experts say.

new-serbian-finance-minister-presents-reforms-plan
05 Aug 14

Serbia's New Finance Minister Unveils Reform Plan

Dusan Vujovic says Serbia's economic reform will be based on 'four pillars' that will show results within a year and put the country back on the road to financial stability.

controversial-businessman-to-head-serbian-railways
31 Jul 14

Tycoon Beko to Get Serbia Railways Back on Track

In a bid to revive Serbia's indebted railways, Prime Minister Aleksandar Vucic has asked the tycoon Milan Beko to head the state-owned company - in spite of his perceived role in earlier controversial privatisation deals.

serbia-feel-effects-of-ukraine-crisis-governor
07 May 14

Ukraine Crisis Hitting Serbia, Bank Chief Warns

Jorgovanka Tabakovic, governor of the National Bank of Serbia, said Serbia was feeling the impact of the crisis in Ukraine - and she hoped a deal with the IMF will be signed soon.

probe-launched-into-serbia-power-monopoly
02 May 14

Probe Launched into Serbia Power Monopoly

The Serbian prosecutor’s office is investigating alleged wrongdoing in the power company EPS following reports that the indebted monopoly may be privatized.

Premium

new-economy-minister-faces-troubled-times-ahead
08 Sep 14

Serbia's New Economy Minister Faces Troubled Times

New minister Zeljko Sertic will bring private sector experience to the government, but entrepreneurs fear that his close links to the ruling party could limit his ability to push difficult reforms.

Politics and Society

hope-rises-for-parents-of-missing-babies
19 Sep 14

Hope Rises for Parents of Serbia's Missing Babies

As a government working group readies to publishing its long-awaited report on missing babies, thousands of parents hope to discover what happened to their lost children.