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Latest Business News from Serbia

croatia-s-trade-barrier-angers-neighbors-08-02-2017
02 Aug 17

Croatia's Raised Import Tax Angers Neighbours

Western Balkan countries have united in condemning Croatia's tax increase on imports of fruit and vegetables, with some hinting at possible counter-measures in response.

swedish-row-exposes-eastern-low-cost-it-services-07-25-2017
25 Jul 17

Sweden Scandal Highlights Cheap Romanian, Serbian IT Market

The growth of the low-cost IT subcontracting market in Eastern Europe has been highlighted by a scandal over Romanian, Czech and Serbian programmers potentially having access to Swedish citizens’ data.

legal-issues-holding-back-the-serbian-spas-privatisation-07-14-2017
17 Jul 17

Asset Rows Slow Sale of Serbia's Neglected Spas

Despite repeated announcements of the imminent privatisation of Serbia's 50 or spas, legal disputes over ownership of the assets is delaying the whole process.

new-accusations-against-bulgarian-tycoon-in-serbia-05-19-2017
30 May 17

Bulgarian Tycoon’s Serbian Factory Awaits Bankruptcy Ruling

A court is due to decide on the potential bankruptcy of Serbian Glass Factory, amid claims of falsified debts and accusations against its owner, Bulgarian tycoon Tsvetan Vasilev.

balkan-countries-hit-by-cyber-attack-05-15-2017
15 May 17

Romania Worst Hit in Balkans by Cyber-Attack

Romania was the Balkan country worst affected by last Friday's global cyber-attack, while Bulgaria reported that one unnamed public institution was affected.

vasilev-s-serbian-company-facing-bankruptcy-05-12-2017
15 May 17

Bulgarian Tycoon's Serbian Factory Faces Bankruptcy

Workers at the indebted Serbian Glass Factory in Paracin, owned by Bulgarian tycoon Tsvetan Vasilev - whose extradition is now sought by the Bulgarian authorities - are demanding that the Serbian government help them.

serbian-minister-to-organize-meeting-on-agrokor-without-croatia-04-18-2017
19 Apr 17

Serbia Hosts Agrokor Summit Without Croatia

Serbia's Trade Minister on Wednesday will host a joint meeting with trade ministers from Slovenia, Bosnia and Montenegro on the Agrokor crisis - but apparently without a Croatian representative.

croatia-s-agrokor-chief-restructuring-officer-known-04-03-2017
03 Apr 17

Alvarez Likely to Head Restructuring of Croatia's Agrokor

Media reports have revealed that Antonio Alvarez III of Alvarez and Marsal will be in charge of restructuring Croatia's troubled economic giant Agrokor.

standstill-agreement-reached-between-croatian-agrokor-and-banks-03-31-2017-1
31 Mar 17

Emergency Deal Announced to Keep Croatia's Agrokor Solvent

Amid fears that Croatia's biggest private company could sink under its debts, Erste bank on Friday announced a 'standstill agreement' designed to keep the failing giant solvent during a restructuring process.

balkan-retail-giant-agrokor-face-new-troubles-02-24-2017
24 Feb 17

Balkan Retail Giant Agrokor Faces New Troubles

The biggest retail company in Croatia, with a strong presence in the region, faces fresh financial trouble, as its bond prices drop again.

office-for-kosovo-presenting-tourism-potentials-of-kosovo-on-tourism-and-vine-fair-02-24-2017
24 Feb 17

Belgrade Showcases Kosovo Serb Tourism Potential

The Serbian government is promoting the tourist potential of breakaway Kosovo at the Belgrade Tourism and Wine Fair - but only the potential of Serb-run areas.

bosnian-serbian-delegation-launches-charm-offensive-in-saudi-arabia-01-30-2017
31 Jan 17

Bosnia, Serbia Launch Joint Trade Offensive in Saudi Arabia

The first joint delegation by trade officials from Bosnia and Serbia to visit Saudi Arabia aims to create a united front for the two Balkan states when it comes to boosting arms exports, analysts say. 

bulgaria-serbia-put-high-hopes-on-joint-pipeline-01-19-2017-2
20 Jan 17

Bulgaria, Serbia Voice High Hopes About Gas Pipeline

Ministers of Bulgaria and Serbia have agreed a gas interconnector should become fully operational by 2020, helping both countries reduce their dependency on Russian energy.

bank-of-china-set-to-start-serbia-operation-11-22-2016-1
22 Nov 16

Bank of China Set to Start Serbia Operation

Bank of China will receive a full licence to start operating at the beginning of 2017 in Serbia - the first Balkan country to host one of the world's largest banks.

crimea-officials-tout-for-business-in-serbia-10-21-2016
21 Oct 16

Crimea Officials Tout for Business in Serbia

A delegation from the region controversially annexed by Russia is visiting Serbia and urging businesses to invest despite EU sanctions.

Premium

belgrade-s-landscape-changes-for-ladies-of-public-transport-02-27-2017
16 Aug 17

Belgrade’s Landscape Changes for Ladies of Public Transport

It’s increasingly likely you’ll see women in the driver’s seat of Belgrade’s streetcars – but they still face the odd challenge.

02 Aug 17

Serbia’s Govt to Cash in on Sound of Music

20 Jul 17

Serbia in Two Minds Over New IMF Deal

07 Jul 17

Serbia Seeks to Boost Digital Start-Ups

27 Jun 17

No Action on Tax Cut for Serbia's Lowest Paid

Politics and Society

bulgarian-tycoon-vassilev-moves-forward-claims-under-us-magnitsky-act-08-16-2017
16 Aug 17

Vassilev Pushes for US Sanctions Against Bulgaria

Exiled Bulgarian ex-banker Tsvetan Vassilev is seeking US sanctions against Bulgaria under the Global Magnitsky Act – while his family complains of increased pressure from the authorities. 

16 Aug 17

Belgrade Beer Fest Offers Musical Refreshment