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Latest Business News from Serbia

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.

air-serbia-flies-in-croatia-despite-unfair-competitor-charges-01-15-2016
15 Jan 16

Air Serbia Threatened with Croatia Flight Ban

Despite charges of unfair competition filed by the Croatian Civil Aviation Agency, Air Serbia keeps operating routes to and from Croatia to global destinations via Belgrade, risking a ban from the country.

economy-to-dominate-serbian-pm-s-visit-to-russia-10-26-2015
27 Oct 15

Economy to Dominate Serbian PM’s Russia Trip

Belgrade officials hope that their visit to Moscow will boost trade and much-needed investment because so far Russia’s support for Serbia has largely been rhetorical, experts say.

serbian-economy-hit-by-border-crossings-closure-09-20-2015
21 Sep 15

Serbia Says Border Closures Are Hitting Economy

Serbian leaders have urged neighbouring states not to close their borders against the influx of refugees, saying that their country is suffering significant economic damage.

imf-postpones-serbia-s-pays-and-pensions-boost-09-01-2015
01 Sep 15

IMF Commends Pace of Reforms in Serbia

IMF representatives on Tuesday said they were satisfied with the economic reforms in Serbia - as a government decision on whether to raise wages and pensions was postponed.

eu-to-financially-support-western-balkans-08-28-2015
31 Aug 15

Europe to Fund Balkan Transport, Energy Projects

Following the Vienna summit, the Western Balkans has been promised 200 million euro in co-financing for 10 transport and energy projects, to improve growth and energy security.

world-bank-analysis-determine-public-sector-layoffs-criteria-08-27-2015
28 Aug 15

World Bank Analysis to Guide Serbian Layoffs

A forthcoming World Bank analysis of Serbia's public sector is likely to provide a basis for the government to determine further public-sector job cuts.

serbia-to-expand-its-gas-storage-capacities-08-25-2015
25 Aug 15

Serbia To Expand Gas Storage Capacities

Serbia's Prime Minister says Belgrade must develop the capacity of its only gas storage, at Banatski Dvor, after encountering obstacles in finding alternative gas supplies and routes.

kosovo-official-invites-serbian-investors-08-20-2015
21 Aug 15

Kosovo Business Chief Invites Serbian Investment

After the head of Kosovo's Chamber of Commerce invited Serbian businessmen to invest in Kosovo, a Belgrade economist has greeted the idea but warned of significant obstacles.

Premium

report-hailing-economic-growth-questioned-06-13-2016
21 Jun 16

Report Hailing Economic Growth Questioned

A recent state agency report says Serbian businesses recorded significantly higher profits in 2015, but experts warn the figures could be misleading.

20 Jun 16

All Eyes on China in Serbian Steel Mill Town

28 Apr 16

Hazy Future for Serbia's Copper Giant

Politics and Society

25-000-attend-savamala-demolitions-protest-in-belgrade-06-25-2016
25 Jun 16

25,000 Attend Savamala Demolitions Protest in Belgrade

Continuing their campaign for justice, protesters in Serbia’s capital took to the streets in their largest demonstration so far, reiterating their demands for the Belgrade authorities responsible for the nocturnal Savamala demolitions to resign.

24 Jun 16

Balkans Shaken as UK Chooses EU Exit

24 Jun 16

Serbia Hopes of Opening Key EU Chapters Fade