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Latest Business News from Serbia

19 May 15

Grey Economy Costing Serbia Dear, Expert Says

The shadow economy remains a threat to the Serbian economy, even though the authorities tightened up the control mechanisms in 2014, a member of the Fiscal Council has warned.

30 Apr 15

Watchdog Queries Serbian PM’s Pension Pledge

An independent fiscal watchdog has disputed the Serbian Prime Minister's assertion that the economy is strong enough for the government to raise pensions and public sector salaries.

22 Apr 15

EU Hails Balkan Transport Network Deal

Leaders of six Western Balkans countries meeting on Tuesday in Brussels agreed on plans for a regional transport network, to which the EU has pledged 130 million euros.

14 Apr 15

Kosovo Signs French Deal for Brezovica Ski Resort

Kosovo signed a 409 million euro investment deal with a French consortium for its largest ski centre amid worries in the Serb community that local workers will be pushed out.

13 Apr 15

Graft and Grey Economy Hindering Balkan Business, EBRD

A new survey from the European Bank for Reconstruction and Development, EBRD, shows that corruption, competition with the informal sector, complex taxes and lack of access to bank loans are the chief complaints of business leaders in the Balkans.

17 Mar 15

Serbia to Reveal Smederevo Steel's New Boss

Serbia on Tuesday will announce who has won the bid to manage the state-owned loss-maker Smederevo Steel - which the country has been trying without success to sell off.

13 Mar 15

Serbia Backs Down in Row Over Belgrade Waterfront

The Serbian government has decided against using emergency procedures to push through development of the Belgrade Waterfront project, following criticism from a number of groups.

11 Mar 15

Balkan Economies Falling Behind, IMF Warns

The Western Balkan are lagging behind other former Communist transitional countries and need to complete the transformation process that began two decades ago, an IMF report says.  

03 Mar 15

PM Vucic Opens Business Forum in Serbia

The future of Serbia's troubled state enterprises is likely to top the agenda at the Kopaonik Business Forum, which opened on Tuesday and brings together businessmen, economists, politicians and ambassadors.

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.

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.

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.

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.

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.

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.


11 Jan 18

China’s Stealthy Advance in Balkans Should Worry EU

While Europe focuses on the threat of Russian penetration in Eastern Europe, it is neglecting the subtler dangers than come from China’s growing influence in the region.

19 Oct 17

EU Mulls Lower Roaming Charges for Balkans

Politics and Society

23 Jan 18

Ivanovic Killing Shows Serbia and Kosovo Must Cooperate

The EU must use the momentum generated by the joint probe into Kosovo Serb leader Oliver Ivanovic’s recent assassination to insist that Serbia and Kosovo’s prosecutors continue to work together to tackle serious crimes.

23 Jan 18

Challenges Facing Serbia in 2018