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Romania made bigger investments in Serbia than Germany
Foreign companies continued to invest in Serbia and in the first ten months of this year, they invested EUR 3.7 billion, which is about 8% more than last year. Chinese investments, although the largest individual investments, were cut in half compared to last year, while Germany, traditionally our biggest investor for many years, invested only […]
Austria’s TGRS to open another factory in Bela Palanka
The local authorities in Bela Palanka are currently negotiating with the Austrian company TGRS about opening another factory in the town’s industrial zone. “In the past three years, we have been working hard on bringing in investors and we have already had negotiations with TGRS, which is already successfully operating in Bela Palanka. We have […]
Finance Minister:”I expect FDI influx to be around EUR 4.5 billion”
Finance Minister Siniša Mali said that he expected the foreign direct investment influx in Serbia to be around 4.5 billion euros this year. In an interview with Kurir daily, he added that, at a time when the world is gripped by crisis, this result is beyond all government’s expectations. Mali did not want to predict […]
Parafiscal fees still bother investors
In addition to various other forms of taxation, a large number of parafiscal fees are applied in Serbia which burden businesses and increase the effective burden on the economy, with a few of them being non-transparent and unjustified – this is one of the conclusions of the Foreign Investors Council (FIC), published in the 2023 […]
China’s CCSC-Interconnect Technology Ltd to build a factory in Merošina
The outgoing mayor of Merošina, Saša Jovanović, and the representatives of the Chinese company CCSC, Chi Chiu, Lok Chiu, Bright Tian and KK Chan, have agreed to sign a memorandum on cooperation and opening of a factory in Merošina in early 2024. The factory in Merošina will produce cable connectors. “The factory will employ 200 […]
Two workers of Chinese company Mei Ta die in its Obrenovac plant
The Serbian public, especially residents of Obrenovac, were disturbed by the news of the death of two workers in the Obrenovac plant of the Chinese company Mei Ta in mid-October. In addition to the obviously hazardous working conditions, this company, as the workers testify, literally exploits its employees, who usually work six night shifts in […]
Italy’s Ariston to open a factory in Niš
Serbian President Aleksandar Vučić announced on Tuesday that the Italian heating systems and boiler manufacturer Ariston would open a production plant in Niš and invest 75 million euros in it. “Today we have good news to tell the people of Niš as well as entire Serbia. We have finished meetings with representatives of Ariston, one […]
Slovenia’s Feniksbus and Gradient to build a bus factory in Novi Sad
Feniksbus d.o.o. Novi Sad, a Serbian subsidiary of the Slovenian companies Feniksbus and Gradient which produce mini- and medium-sized buses, plans to build a bus factory in Novi Sad. The future factory will have a production hall with an administrative building and a warehouse storing flammable products and it will be located in Jegricka Street […]
Lidl has invested EUR 550mln in Serbia in last five years
Exactly five years ago, Lidl has opened its first supermarket in Serbia. Since entering the market, Lidl has invested more than 550 million euros in Serbia, exported Serbian goods worth more than 30 million euros and employed over 3,300 people. A multi-client study called Shopper 360, conducted by GfK, has shown that Lidl stores have […]
DW: The end of Serbia’s double game?
Vučić’s rule rests on clientelism, failure to solve the Kosovo problem and Western diplomacy’s assessment that Vučić is the solution. At the same time, Serbia’s image in the West, based on the 1990s template, is often dark and distorted, Deutsche Welle writes in the Swiss media. The Zurich-based daily Neue Zürcher Zeitung has published an […]
Protecting economic growth with firm rules: how can the Guard of Finance assist Serbia
What are the benefits that an economy in transition and experiencing economic growth, especially in certain sectors, such as Serbia’s, could gain from stricter control over economic activities? As a general line of reasoning, the stricter control over the activities of the economy in transition which is also experiencing growth, could generate real benefits if […]
Futile subsidies – the course that leads Serbia’s economy into recession
By Gojko Vlaović “The Austrian company Gierlinger Holding, the owner of the Mitros Meat Company from Sremska Mitrovica, announced that “based on a detailed analysis” a decision was made to stop production at the Mitros factory and that the deadlines for shutdown will be determined later. In the first quarter of 2015, the Serbian government […]
Balkan nationalism as a brake on the economy
By Aleksandar Đokić political scientist and scientific researcher “History does not happen everywhere at the same time. For some macroregions, the process of forming nation states and even markets, was already completed in the 19th century. After a couple of centuries of great wars – from Napoleon to Hitler – those countries managed to learn […]
“It’s not only about Kosovo”
By Daniel Serwer Director of Conflict Management Program The Johns Hopkins School of Advanced International Studies “Serbia’s effort to destabilize Kosovo so that it can claim control of its Serb-majority north should today be apparent to all. The license plate brouhaha of last year, the boycott of municipal elections in the spring, the subsequent rioting against […]
Hail the state and its spending!
By Miša Brkić “I’m not saying that Serbia doesn’t need a plan to prevent decline. But, when there is no plan, the Declaration* is not bad either. I believe that the Declaration will be followed by a plan, although its authors say that it already prescribes concrete measures of what needs to be done in […]
Which issues should opposition start dealing with?
By Filip Švarm “As we all know, the opposition parties, the organizers of Serbia against Violence protests, have signed the “Agreement for Victory”. We also know what is written in that document. What we don’t know is how much of what was signed will be realized. Why we don’t know that? Let’s get specific. First […]
Role that sports play in Serbian world of salami and politics
By Goran Mišić “The national euphoria is not abating in Belgrade after the Serbian basketball team, under the leadership of Svetislav Pešić, became the vice-champion of the world in Manila, while, simultaneously, Novak Djokovic won the US Open in New York for the fourth time, i.e. his 24 Grand Slam and re-acclaimed the No 1 […]
Global Excellence – interview with the Belgrade Mathematical Grammar School’s principal Mirjana Katić
interview by Biagio Carrano The Belgrade Mathematical Grammar School is the flagship of the Serbian education system. Officially founded in 1967 to offer higher education to particularly gifted adolescents in the fields of mathematics, physics and, later, computer science, this educational institution has gone through the years of Yugoslavia’s dissolution, wars, NATO bombing of the […]
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