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construction market

Serbia’s construction pipeline expands as civil-engineering activity contracts

Serbia’s construction market opened 2026 with a sharp divide between buildings and infrastructure. The nominal value of works performed by Serbian contractors increased 0.5% in...

Construction contractors face renewed materials and fuel escalation risk

Serbia’s construction market is moving into a more difficult cost phase. Imported refined petroleum products rose 23% year on year, basic metals increased 5.7%, wood products 2.9%,...

Construction permits rise, but project value collapses

Serbia’s construction market is sending one of the clearest caution signals in the Q1 2026 data. The number of construction permits rose, but the estimated value...

Serbian commercial and residential real estate market 

The Serbian commercial and residential construction market has experienced significant growth and development in recent years. Serbia's strategic location, affordable construction costs, and improving...

Serbia, Investors are delaying the start of construction

Due to the unpredictability of real estate prices on the domestic market, a large number of investors are delaying the start of new projects,...

Serbia, Is it worth it for the state to waive the fee to encourage investment and construction

The conversion with compensation of the right of use to the right of ownership over construction land will be abolished by amendments to the...

Serbia, 16.6 percent fewer building permits were issued than a year earlier

2,782 construction permits were issued in Serbia in November 2022, which is 16.6 percent less than at the same time in 2021, the Republic...

The construction market in Serbia will record a decline this year and next year

The construction market in Serbia will record a decline this year and next year, and the greatest danger for Serbian builders is the loss...
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