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Expanding intermodal transport in Serbia: A key driver for economic growth

Serbia currently operates 11 intermodal terminals and ports dedicated to this mode of transport, two of which are state-owned. While intermodal transport is not...

March 2024: Average net salary in Serbia rises, regional disparities persist

In March 2024, the average net salary stood at 96,913 dinars, excluding taxes and contributions, while the median net earnings were 72,979 dinars, indicating...

Serbia and Italy forge economic partnerships at Trieste Business Forum

At the Trieste Business Forum today, five significant agreements are set to be signed, marking a new chapter in economic cooperation between Serbia and...

Transfera and Rail Cargo Group forge joint venture in Belgrade: Pioneering intermodal logistics solutions

Transfera, a leading logistics company in the region, and Rail Cargo Group, the rail freight division of the Austrian Federal Railways (ÖBB group), have...

Serbia’s industry and the challenge of decarbonization

Serbia's companies are ready to tackle decarbonization and the European Union’s Carbon Border Adjustment Mechanism (CBAM), but they face challenges from the lack of...

Serbia strengthens economic ties with Germany: Record trade and positive investment outlook for 2024

Serbia ranks among Germany's top 50 trading partners, achieving a record bilateral trade volume of nearly nine billion euros in 2023. This milestone was...
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Unknown investor increases stake in Lasta transport company

In recent months, an unidentified investor has steadily been acquiring shares of Lasta, a prominent transport company. The custodial account of Erste Bank has...

Transforming Serbia’s energy landscape: The Kostolac wind farm project

Minister of Mining and Energy, Dubravka Đedović Handanović, paid a visit yesterday to the construction site of the "Kostolac" wind farm, the inaugural wind...

Driving growth: Bosch’s expansion and innovations in Serbia

Bosch, the prominent global provider of technology and services, concluded its fiscal year 2023 in Serbia with a total net sales of 443 million...

Transfera and Rail Cargo Group forge joint venture in Belgrade: Pioneering intermodal logistics solutions

Transfera, a leading logistics company in the region, and Rail Cargo Group, the rail freight division of the Austrian Federal Railways (ÖBB group), have...

Investment in Serbia’s scientific future: Panel discussion highlights BIO4 Campus and biotechnology advancements

As part of the 66th International Fair of Techniques and Technical Achievements, hosted by the Government of the Republic of Serbia, a panel discussion...

Minth Automotive Europe secures €23.5 million state subsidy for major expansion in Loznica

Minth Automotive Europe, based in Loznica, Serbia, has received a substantial state subsidy of 23.5 million euros to expand its production capabilities. As part...
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Serbian cosmetics: Rising trends and international expansion

Serbia's cosmetic industry is on the rise, with exports reaching 80.3 million euros in 2023, a nearly 40 percent increase from the previous year....

Expanding horizons: Wacker Neuson’s vision for future growth in Serbia

The director of Kragujevac-based company Wacker Neuson, Michael Schmuecker, unveiled the "Ready for the Future" initiative, outlining plans for constructing additional production facilities and...

Serbia’s brandy industry: Growing export success and future prospects

Veljko Jovanović, advisor to the president of the Chamber of Commerce of Serbia (PKS), announced today that Serbia's brandy exports are steadily increasing, currently...

Unlocking opportunities: Serbia’s agricultural export potential and challenges ahead

The Association of Agrarian Economists of Serbia advocates for the involvement of producers from the southern Serbian province in export initiatives, as stated by...

Serbia’s economic outlook: Growth amidst sectoral challenges and inflation dynamics

The latest edition of Macroeconomic Analysis and Trends (MAT) reports that Serbia's real GDP experienced a growth of approximately 4.6 percent in the first...
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