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Services exports become Serbia’s quiet current-account stabiliser

Serbia’s external balance is increasingly being supported by services exports, a structural shift that often receives less attention than goods trade, foreign direct investment...

Serbia’s export recovery still runs through Germany and the EU supply chain

Serbia’s export recovery in early 2026 is encouraging, but its geography shows that the country remains deeply tied to the European industrial cycle. The EU accounted...

Serbia’s inflation risk moves from broad price pressure to energy and utilities

Serbia’s inflation profile has changed. The country is no longer dealing with broad, post-shock price acceleration. Annual inflation stood at 2.8% in March 2026, remaining below the...

Hydropower recovery gives Serbia’s power balance a short-term cushion

Serbia’s electricity balance received a useful, if not permanent, cushion from hydropower in the first part of 2026. After a difficult period marked by drought...

The price of dinar stability shows up in Serbia’s FX reserve management

Serbia’s stable dinar remains one of the country’s most important macroeconomic anchors. It helps contain imported inflation, supports household confidence, reduces currency risk for...
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NIS negotiations enter critical phase as Serbia defends refinery and energy security interests

The negotiations surrounding the future ownership of Naftna Industrija Srbije (NIS) have entered one of their most sensitive stages, with discussions between Gazprom Neft, Hungary’s MOL Group and Serbian...

Wizz Air warns of potential closure of Belgrade representative office amid new passenger compensation rules

Low-cost carrier Wizz Air has issued a sharp warning over proposed amendments to Serbia’s air transport regulations, stating that the measures could force the airline to...

Budimpešta–Beograd rail link strengthens Serbia’s intermodal logistics ambitions

The launch of a new regular intermodal rail service between Budapest and Belgrade marks another step in Serbia’s gradual transformation from a transit corridor...

Serbia’s investment case moves from stability to execution

Serbia’s investment case has changed. For several years, the strongest argument was macro stability: controlled public debt, steady growth, a stable exchange rate, rising...

Serbia’s inflation looks stable, but energy risk keeps monetary policy cautious

Serbia’s inflation picture at the start of 2026 looks far calmer than it did during the previous inflation cycle. Annual inflation stood at 2.8% in March, still below...
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