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Economy

Serbia Inc is the country’s biggest investor — and its most powerful customer

Government uses infrastructure and procurement as industrial policy. Taxes pay the base, but domestic bonds, Eurobonds, development banks and bilateral lenders finance the pace...

The dinar’s calm is a policy product, not a market accident

Serbia's managed float transfers volatility from the exchange-rate screen to the central bank's balance sheet — and into the margins, inventories and timing decisions...

Serbia’s new consumer rules are replacing price controls with compliance

Retailers have escaped a temporary margin cap only to face tougher supplier contracts, digital-price disclosure and marketplace duties modelled on the EU. Serbia spent six...

Serbia is importing EU rules faster than it is joining the union

Accession talks have stalled, but trade, reform funding and supply chains keep pulling companies towards Europe — in a market where enforcement remains the...

Diaspora money overtakes foreign investment as Serbia’s external financing model shifts

Serbia received more than €2 billion in net personal transfers from abroad during the first five months of 2026, almost three-and-a-half times the €596 million net inflow of...

Large retail chains become Serbia’s default shopping channel as consolidation gathers pace

Large supermarket chains have become the dominant purchasing channel for Serbian households, with new consumer research showing that 71.5 per cent of citizens shop at...

Serbia’s 3.6 per cent growth masks weak industry and greater reliance on portfolio capital

Serbia’s economy accelerated more strongly than expected in the second quarter of 2026, supported by exports, household consumption and lower inflation, but the latest...

Merošina’s factory pipeline could reshape southern Serbia’s investment map

The small southern Serbian municipality of Merošina is preparing for an industrial expansion that could generate more than 700 jobs, a potentially transformative number for a local...

Belgrade–Budapest rail opening remains delayed by Hungarian certification

The modernised railway between Belgrade and Budapest remains without a confirmed passenger-service date, despite the completion of the main construction works and the operation...

Foreign overnight stays support Serbia’s modest June tourism growth

Serbia’s tourism market continued to expand in June, although the figures point to measured growth rather than a strong summer surge. Accommodation providers recorded 400,022...

Retail growth keeps Serbian consumer demand firm

Serbian households continued to support economic growth during June, with retail turnover increasing by 6.6 per cent in nominal terms and 4.3 per cent in...

Serbia’s economy accelerates as second-quarter growth reaches 3.6 per cent

Serbia’s economy gathered pace during the second quarter of 2026, offering an early sign that stronger household consumption, investment and export capacity are beginning...

Serbia’s foreign train purchases expose the gap between infrastructure spending and industrial policy

Serbia is spending close to €1bn on new trains, trams and metro rolling stock supplied by companies from Spain, China, France and Turkey, while two factories in...

Environmental regulation becomes a financing and permitting risk for Serbian projects

Serbia’s environmental regulatory framework is moving closer to EU requirements, changing the way industrial facilities, mines, energy projects and infrastructure developments must approach permitting,...
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