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Surge in Adoption of Voluntary Health Insurance Takes Hold in Serbia

In Serbia, there are 20 insurance and reinsurance companies, of which 15 are majority-owned by foreign entities. The number remained the same in the...

Siteko, the German Firm, Establishes Presence in Serbia

The German high-tech company Siteco has opened a design engineering center in Belgrade," announced Marko Čadež, the President of the Chamber of Commerce and...

American companies employ more than 30,000 people in Serbia

Minister of Economy Slobodan Cvetković stated that American companies employ more than 30,000 people in Serbia and that Serbia is open and ready to...

Delta Holding Achieves Record Results and Unveils New Investment Plans

In 2023, Delta Holding achieved record results with sales revenues reaching 860 million euros, a 12% increase compared to 2022. The EBITDA (earnings before...

Arena Hospitality Group Expands with New Radisson RED Hotels in Belgrade and Berlin

The opening of the Radisson RED Belgrade hotel is scheduled for early February, and it involves the complete renovation of the former 88 Rooms...

NIS Business Operations 2023: A Close Look at Nearly 40 Billion Dinar Capital Expenditures

In 2023, NIS initiated the implementation of a new ambitious investment program, and the total volume of investments by the NIS Group in the...

Actis-Led Group Secures Telecom Tower Portfolio in Western Balkans

An Actis-led consortium has acquired the macro tower portfolio of Telekom Srbija, a leading telecommunications operator in the CEE region, across Serbia, Bosnia &...

Cost Analysis: Shutting Down a Company in Serbia

Closing a company in Serbia is a complicated and lengthy process that can incur costs ranging from several thousand to over 150,000 euros, unlike...
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