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Economy

Serbia backs €43.6 million supplier expansion as state-aid terms reveal changing FDI strategy

Serbia is providing more than €8 million in state incentives for two manufacturing projects worth a combined €43.6 million, highlighting how its foreign-investment policy...

Serbia’s growth recovery faces pressure from energy costs and Danube disruption

Serbia’s economy is recovering faster than previously expected, but rising electricity prices, disrupted river transport and weak industrial output threaten to limit the benefits...

Serbia revises 2025 growth to 2.1% as ICT and finance outperform construction

Serbia revised its 2025 economic growth slightly higher to 2.1%, with new annual accounts showing an economy increasingly split between expanding technology and financial...

Serbia’s 7.2% unemployment masks shrinking workforce as labour costs squeeze industry

Serbia’s unemployment rate has fallen to a record-low 7.2%, but the headline masks a more difficult trend for employers: the workforce is shrinking while...

Serbia delays electricity tariff increase as affordability takes priority over faster cost recovery

Serbia has entered October without another increase in regulated household electricity prices, delaying the next step toward cost-reflective tariffs as the government balances household...

Serbia targets 350,000 hectares of irrigation as €250 million farm-profit opportunity tests infrastructure delivery

Serbia is targeting irrigation capacity covering as much as 350,000 hectares by 2036, potentially creating a decade-long market for water infrastructure, engineering and agricultural...
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FINANCE

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Companies

Serbian companies enter annual beneficial-owner checks as compliance becomes permanent obligation

Serbian companies will begin their first annual cycle of mandatory beneficial-owner verification from October 1, turning what was previously largely a registration exercise into...

Serbia’s corporate lending surge is creating a new market for financial advisory

Serbian companies are borrowing at one of the strongest rates of recent years, but banks are simultaneously tightening lending standards, creating a growing market...

EIB and Erste open €22 million Serbian green and digital investment facility as EU-backed corporate finance expands

Serbian companies are gaining access to another €22 million of EU-backed financing as the European Investment Bank and Erste Bank launch the country’s first...

EU-backed lending moves beyond credit risk as €56.5 million UniCredit facility ties Serbian corporate finance to employment targets

Serbian companies are set to gain access to €56.5 million in new EU-backed financing through UniCredit, in a programme that links cheaper corporate funding not only...

Serbian corporate borrowing accelerates as investment loans rise 16.5%

Serbian companies accelerated borrowing in 2026, with corporate loans rising 11.6% year on year in July as investment financing expanded faster than working-capital lending. Investment loans increased 16.5%,...

Serbia’s corporate credit boom points to stronger domestic investment cycle

Bank lending to Serbian companies has accelerated sharply in 2026, providing evidence of stronger domestic investment and working-capital demand even as companies remain heavily...
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ENERGY

Energy

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ESG

Industry

Serbia car exports jump 51% as Stellantis turns Kragujevac into new trade-growth engine

Serbia’s car exports jumped 51.1% year on year to around €2.8 billion in the first half of 2026, as rising production at Stellantis’s Kragujevac...

Serbia’s export growth masks flat industrial output as manufacturing weakens

Serbia’s industrial production was virtually stagnant in the first eight months of 2026 and manufacturing contracted in August, highlighting a widening gap between strong...

Serbia moves upstream in drone supply chain as Kotraža motor plant targets 40,000 units a month

A new factory near Lučani is preparing to begin producing electric motors for drones in early October, targeting capacity of up to 40,000 units...

Serbia targets semiconductor design as 1,000-engineer base opens path to domestic chip IP

Serbia is targeting semiconductor design as a new high-value technology industry, seeking to convert a base of more than 1,000 engineers already working in...

Serbia mining pipeline broadens as gold, copper and boron projects move toward capital-intensive development

Serbia’s mining pipeline is beginning to split into distinct development tiers, with new gold projects moving towards feasibility and construction, copper exploration attracting major...
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MARKETS

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