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Latest Business News from Serbia

serbian-energy-power-industry-sackings-needed-for-long-awaited-reforms-06-30-2016
01 Jul 16

Serbia Under Pressure to Cut Power Utility Staff

The government is under growing pressure to undertake painful staffing of around 4500 people and pricing reforms in Serbia’s Electric Power Industry, EPS.

serbia-s-economy-after-brexit-depends-on-eu-economy-consolidation-06-27-2016
28 Jun 16

Serbia Ponders Brexit's Impact on Economy

Serbia’s economic stability during and after Britain's exit from the EU will depend on trends in the EU economy generally and on changes in the value of the euro, experts say.

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.

Premium

serbia-braces-for-brexit-fallout-07-08-2016
21 Jul 16

Serbia Braces for Brexit Fallout

If Britain's divorce from the EU triggers an economic downturn in member states, there could be serious knock-on effects for Belgrade, experts warn.

21 Jun 16

Report Hailing Economic Growth Questioned

20 Jun 16

All Eyes on China in Serbian Steel Mill Town

Politics and Society

serbian-court-rules-libel-compensation-to-montenegrin-journalist-07-22-2016
22 Jul 16

Serbian Court Upholds Montenegrin Journalist's Libel Claim

A court in Belgrade confirmed an earlier judgment against the news portal E-novine for defaming the prominent Montenegrin journalist Milka Tadic Mijovic and ordered it to pay her about 8,000 euros.

22 Jul 16

Serbia Braces For Rise in Refugee Numbers