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Economy

Agriculture Minister focuses on strengthening veterinary administration and food sovereignty

Dragan Glamočić, Serbia's Minister of Agriculture, Forestry and Water Management, emphasized the critical role of the Veterinary Administration in ensuring both public health and...

Mayor of Niš addresses concerns over city account blockage, assures financial stability

In a statement on the City's official website, Dragoslav Pavlović, the Mayor of Niš, assured citizens that the city's finances are in good standing...

Serbia sees high demand for programmers and construction workers in March 2025

In March 2025, the National Employment Service (NSZ) of Serbia reported that employers were looking to fill 17,472 job vacancies. Among the most sought-after...

Serbia pays high interest rates on borrowing despite low public debt

In 2024, Serbia's average interest rate on borrowing stood at 4.1%, significantly higher compared to the European Union's average of 2.3% and the Eurozone's...

New faces of inflation: Understanding gridflation, shrinkflation and other emerging economic terms

In recent months, new economic terms have emerged in our daily lives, shedding light on different facets of inflation. These include terms such as...

Hotel investment in Europe to continue growth in 2025, with Southeast Europe seeing increased demand

Hotel investments in Europe experienced a strong recovery in 2024, with the total volume reaching EUR 20 billion. According to CBRE research, this positive...
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Companies

Air Serbia celebrates milestone of one million passengers in 2024, plans expansion for summer season

Air Serbia has achieved a significant milestone by transporting its millionth passenger of the year, reaching this accomplishment earlier than in 2024. The airline's...

Serbia’s electricity price surge and EPS profit drop amid leadership changes

Electricity prices for households in Serbia have risen by 34.4% since late 2021, following a breakdown in the EPS (Elektroprivreda Srbije) energy system. Despite...

Hotel investment in Europe to continue growth in 2025, with Southeast Europe seeing increased demand

Hotel investments in Europe experienced a strong recovery in 2024, with the total volume reaching EUR 20 billion. According to CBRE research, this positive...

Impact of U.S. sanctions on Serbia’s oil industry: Regional supply disruptions and uncertainty in the market

The oil market in our region operates largely as a unified system, meaning that any disruption in one country will have ripple effects on...

Serbian businesses face higher electricity prices as household rates remain stable

Serbia’s electricity prices remain stable for households this year, as Elektroprivreda Srbije (EPS) aims to avoid increasing household rates. However, businesses are facing higher...

RTS faces financial struggles despite significant revenue and public funding

The Radio Television of Serbia (RTS) has reported a significant financial loss despite earning substantial revenues in 2024. With an income of 134 million...
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Production

First electric Citroen C3 test models roll off production line in Kragujevac, Serbia

The first test models of the electric Citroen C3 have been produced at the FIAT-Chrysler factory in Kragujevac, Serbia, part of Stellantis. For several...

JFE Shoji to open new factory in Indjija, creating 250 jobs

The Japanese company JFE Shoji's factory in Indjija is set to officially open on April 8, initially employing 50 workers in its first phase. In...

Serbian Chamber of Commerce to collaborate with pellet producers for sustainable solutions

The Center for Business Initiatives and Quick Solutions of the Serbian Chamber of Commerce, in cooperation and dialogue with domestic pellet producers and relevant...

Electric Citroen C3 to be produced alongside Fiat Grande Panda in Kragujevac

The Kragujevac car factory is set to produce another new model in addition to the "Grande Panda" – the electric "Citroen C3". According to...

Vojvodina announces funding for organic production equipment in 2025

The Provincial Secretariat for Agriculture, Water Management, and Forestry has announced a competition for the allocation of funds to co-finance the costs of purchasing...
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