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Manufacturing productivity stalls as automation investment lags behind Central European benchmarks

Serbia’s manufacturing sector has reached a turning point where productivity growth no longer keeps pace with wage increases or competitive pressure from Central and...

Advancing automotive innovation: Serbia’s role in digital transformation

In Serbia, the automotive parts and components manufacturing sector boasts over 200 companies, employing approximately 100,000 individuals and significantly contributing to exports to foreign...

Exploring Serbian Nearshoring in Fabrication: Competitiveness, Talent Pool, and FTA Export Potentials

Nearshoring in fabrication is gaining traction as companies seek cost-effective manufacturing solutions without compromising quality. Serbia, with its skilled workforce, competitive costs, and strategic...

Serbia as perfect DACH market companies nearshoring partner for high tech manufacturing 

Serbia's nearshoring potentials in high-tech manufacturing sectors make it an attractive destination for DACH investors. With its strategic location, skilled workforce, competitive costs, and...

Serbia’s Nearshoring Potentials in High-Tech Manufacturing Sectors for DACH Investors

Serbia has emerged as a prime nearshoring destination in high-tech manufacturing sectors, offering attractive opportunities for investors from DACH countries (Germany, Austria, Switzerland). The...

Industrial production in the Republic of Serbia in October 2023

Industrial output increased by 3.0% compared to October 2022, and it is 8.0% higher compared to the average of 2022. Industrial production for the...

Industrial Business Parks in Serbia: Transforming Fabrication and Processing through Strategic Outsourcing

Industrial business parks have emerged as dynamic hubs, fostering collaboration and efficiency across various manufacturing sectors. In the realm of fabrication and processing, strategic...

Serbia’s Leading Exporters: Driving Economic Growth

Serbia, situated at the crossroads of Europe, has been steadily growing as a prominent player in global trade. With its strategic location, stable economy,...

Turnover in industry decreased by 2.5 percent in one year

Turnover in industry in August 2023 is 2.5 percent lower than in the same month last year, the Republic's Statistical Office announced. The turnover in...
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