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Latest Business News from Serbia

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.

serbian-companies-in-restructuring-owe-1-5-billion-euro-world-bank
17 Apr 14

Serbian Companies in Restructuring Heavily in Debt

Serbian companies undergoing restructuring owe 1.5 billion euro to state creditors alone, World Bank official Dusko Vasiljevic warned, increasing the risk of them going bankrupt.

south-stream-works-in-serbia-continue-in-summer-gazprom
14 Apr 14

South Stream Work in Serbia on Course, Gazprom Says

The South Stream gas pipeline project in Serbia will this year enter the active implementation stage, a Gazprom official said.

new-flights-take-off-from-belgrade
07 Apr 14

New Flights Take Off From Belgrade

Several airlines are launching flights to new destinations this spring, including popular summer hotspots like Barcelona and Dubrovnik.

wizzair-to-halve-belgrade-fleet-over-taxes
03 Apr 14

Wizz Air Slashes Belgrade Flights in Tax Row

The Hungarian low-cost airline has announced it will halve its Belgrade operations after the city airport increased taxes by 40 per cent.

etihad-officially-becomes-a-co-partner-in-air-serbia
25 Mar 14

Etihad Co-partnership With Air Serbia Sealed

Etihad Airways, the flag airline of the United Arab Emirates, is now officially the co-partner of Air Serbia, owning 49 per cent of the shares in a joint company with the Serbian government.

last-chance-for-serbian-national-carrier
13 Mar 14

Last Chance for Serbian National Carrier

Draft contracts between Serbia and Etihad Airways, which BIRN obtained, reveal how they planned to turn Serbia’s loss-making carrier into a sustainable and competitive Air Serbia.

experts-urge-the-need-for-more-jobs-in-kosovo
11 Mar 14

Kosovo Economists Query Public Sector Pay Hikes

As the Kosovo government announces major rises in public-sector wages, some economists say the focus should be on creating jobs, not raising the pay of those in employment.

illegal-market-traders-face-crackdown
21 Feb 14

Belgrade Illegal Market Traders Face Crackdown

Belgrade’s open-air markets will get stricter inspections after sausages made from rotting animal corpses were seized from illicit traders.

telecom-giants-gather-in-belgrade
18 Feb 14

Telecoms Giants Gather in Belgrade

The most successful business people and innovators in the telecommunications sector in South-East Europe meet in Belgrade for the annual SEE Telecoms Forum.

serbian-unions-want-economy-minister-to-quit
20 Jan 14

Serbian Unions Want Economy Minister to Quit

As Serbia's economy minister pushes on with new laws on privatisation, trade unions have requested his dimissal.

serbia-ranked-95th-on-economic-freedom-list
15 Jan 14

Macedonia Tops Balkan Economic Freedom List

The latest Index of Economic Freedom has put Macedonia at the top of the Balkan region in terms of economic freedom.

balkan-economies-on-road-to-recovery-world-bank-says
10 Dec 13

Balkan Economies Recovering, World Bank

The South East Europe region exited recession in the first half of 2013, led by strong growth in exports, a report by the World Bank presented on Monday in Tirana says.

serbia-to-avoid-greek-scenario
04 Dec 13

Tax Rises in Serbia's 2014 Budget Defended

Ahead of a vote by MPs on the 2014 budget, Serbia's Finance Minister says the planned VAT hike and other reforms will help the country avoid a Greek-style financial meltdown.

Premium

serbia-shells-out-for-pricey-foreign-advisors
28 Jul 14

Serbia Shells Out for Pricey Foreign Advisors

Hiring famous international ‘advisors’ might boost Serbia’s brand image - but they do not come cheap and their use is limited if the government fails to act on their words.

Politics and Society

serbia-welcomes-williamson-s-report
29 Jul 14

Serbia Welcomes EU’s Kosovo Crimes Report

The Serbian government welcomed an EU task force announcement about indictments for alleged Kosovo Liberation Army crimes against Serbs, but said justice will only be done when perpetrators are convicted.