Home Page

Latest Business News from Serbia

serbian-central-bank-helps-swiss-franc-borrowers
25 Feb 15

Serbian Bank Eases Plight Over Franc Loans

The National Bank of Serbia has told commercial banks they must let clients with loans in Swiss francs repay housing loans on easier terms.

serbia-montenegro-earns-millions-for-allowing-overflights
09 Feb 15

Serbia and Montenegro Profit From Ukraine Flight Detours

The joint Serbian and Montenegrin air traffic agency expects higher revenues from overflight fees in 2015 as many airlines avoid Ukrainian airspace.

world-bank-cuts-croatian-gdp-growth-predictions
14 Jan 15

World Bank Revises Croatia's GDP Growth Down

In more bad news for the struggling centre-left government, the World Bank has altered its earlier forecast of Croatia’s GDP growth in 2015, cutting it from 1.2 to 0.5 per cent.

us-esmark-set-to-privatise-serbian-steel-mill
09 Jan 15

Esmark to Buy Troubled Serbian Steel Mill

A US-based company, Esmark, is to become the owner of 80 per cent of Steel Mill in Smederevo, after being the only company to submit a valid bid.

serbia-s-vucic-pledges-stable-economy-in-2015
30 Dec 14

Serbia PM Says Painful Reform Delivering Results

In a year-end interview, Serbia’s Prime Minister, Aleksandar Vucic, praised the government’s oft-criticised economic reforms, saying the results would be clear for all to see in a few years' time.

serbia-to-sack-thousands-public-employees-in-2015
22 Dec 14

Serbia to Cut 27,000 Public Sector Jobs

Serbia’s parliament started discussing a draft budget for 2015 which contains plans to reduce the number of workers in state-owned companies and the public sector by five per cent.

montenegro-drops-in-forbes-business-ranking
18 Dec 14

Montenegro Drops in Forbes Business Ranking

Montenegro has dopped down four places in this year’s Forbes magazine’s list of 'best countries for business,' ranking in 48th place out of 146 surveyed states, although it remains above several EU member states.

no-economic-recovery-in-sight-for-croatia-and-serbia
18 Dec 14

Raiffeisen Gloomy About Croatia, Serbia Economies

Regional analysis conducted by Raiffeisen bank says the economies of Serbia and Croatia saw no growth in 2014 and will not do much better in 2015 - while the outlook for other countries is somewhat brighter.

china-summit-sees-belgrade-budapest-railway-agreements
17 Dec 14

Serbia, Hungary Seal Rail Deal at Belgrade Summit

The Serbian and Hungarian Prime Ministers signed agreements in Belgrade on constructing a high-speed railway link, which China is to financeand help build.

china-pledges-3-billion-dollars-for-region
17 Dec 14

China Pledges $3bn Fund at Belgrade Summit

China's Prime Minister Li Keqiang promised a significant new investment fund for Central and Eastern European countries at the summit in Belgrade.

belgrade-gears-up-for-china-summit
16 Dec 14

China-Balkan Summit Kicks off in Belgrade

A two-day summit of leaders from China and Central and Eastern Europe started in Belgrade on Tuesday with bilateral talks aimed at fostering relations between the countries concerned.

belgrade-summit-big-chance-for-serbia-officials-and-experts-say
15 Dec 14

Serbia Awaits Benefits from China Summit

Serbia is hoping for an economic boost from infrastructure projects that will be discussed at a summit of leaders from China and central and eastern Europe in Belgrade this week.

air-serbia-snatches-passengers-with-low-prices
12 Dec 14

Air Serbia Restores Belgrade-Zagreb Flights

Air Serbia began the first direct flights between Zagreb and Belgrade after 23 years on Friday.

purchasing-power-in-region-far-below-eu-average
12 Dec 14

Albania and Bosnia Lag in Europe GDP Table

Albania and Bosnia have the lowest GDP per capita of 37 European countries examined, while Bulgaria is the EU's poorest country, the bloc’s statistics office, Eurostat, said on Thursday.

serbian-government-to-set-2015-budget
10 Dec 14

Serbia Moves Closer to Adopting Tough Budget

After a month's delay, the Serbian government will discuss the new 2015 budget proposal, which envisages making 700 million euros in savings.

Premium

hope-runs-short-for-smederevo-steel
20 Feb 15

Hope Runs Short For Serbian Steel Mill

Following the collapse of sale talks, the government plans to introduce ‘expert management’ to Smederevo Steel Mill – but are the options to save the troubled giant running out?

Politics and Society

tamnava-mine-deadline-broken-without-explanation
27 Feb 15

Tamnava Mine Deadline Broken Without Explanation

While the draining of the Tamnava mine is running months late, EPS says the consortium has fulfilled its contract and will not be charged penalties.