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Serbia and France deepen economic ties: French investments surge and new opportunities arise

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The economic relationship between Serbia and France is clearly flourishing. Marko Čadež highlighted several key points:

  1. French investments: French companies have invested several billion euros in Serbia, contributing significantly to the economic landscape. Notable investments include those by Michelin and the ongoing development of “Nikola Tesla” Airport.
  2. Trade: The exchange of goods and services between Serbia and France has surpassed two billion euros. A notable shift in exports is the increase in software exports, surpassing raspberries, which were previously the largest export item.
  3. Upcoming events: French President Emmanuel Macron is set to visit Serbia on August 29 and 30, with several agreements expected to be signed. Additionally, a major business forum with French companies will take place in Belgrade in October. Future events include business forums in Paris and business expeditions to Monaco, Lyon, and Nice.
  4. Business forum success: During the Olympic Games in Paris, a Business Forum led to pre-contracts worth 4.5 million euros being signed in a single day, with significant participation from Serbian companies.
  5. AI collaboration: There’s a collaborative effort with a large French company to connect Serbian and French students working on artificial intelligence solutions.
  6. WebSummit participation: Serbian startups are gearing up for the WebSummit in Lisbon, with 24 out of over 80 registered startups selected to showcase their innovations.
  7. Economic growth outlook: Serbia’s economic growth is projected to be between 3.5% and 4% for the next year, with an emphasis on adaptability and resilience in the face of market uncertainties.

Overall, the strengthening of Serbia’s ties with France is fostering significant economic growth and collaboration, especially in technology and investment.

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