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Ana Brnabic: “I fully support Minister Momirović”
When asked at a press conference to single out government ministers with whose work she is satisfied, Prime Minister Ana Brnabić refused to divulge names. Commenting on the recordings that have been publicly released that show Minister of Infrastructure and Transport, Tomislav Momirović, insulting and threatening road workers and directors of public companies engaged in […]
Marinika Tepic warns of a new shady business deal involving Telekom Serbia
Serbian opposition official Marinika Tepic said on Wednesday that a tabloid owner has been given 60 million euro of public money under a deal with the state-owned Telekom Serbia. Tepic, deputy leader of the Party of Freedom and Justice (SSP), said that the owner of Kurir tabloid daily, Igor Zezelj, had received seven billion Dinars […]
Telekom Serbia to set up a venture fund for startup ideas
Telekom Serbia has received all approvals for the establishment of the biggest venture fund in Serbia for helping startup ideas, which will also be the biggest fund of that kind in the region. CEO of Telekom, Vladimir Lucic, says that the company will invest EUR 25 million in the fund in the next five years. […]
Japan’s Nidec chooses Novi Sad to invest over two other European cities
The Japanese company Nidec, a producer of electric motors, has already opened a company in Serbia, as unofficially confirmed for B92.net. The arrival of this automotive giant has been announced in Novi Sad, and the company is allegedly to invest around USD 1.9 billion in the construction of the factory. As unofficially confirmed for B92.net, […]
Porfirije is the new Patriarch of the Serbian Orthodox Church
The Serbian Orthodox Church has elected a relatively young new leader in Porfirije Peric, aged 59 – who in the past has made known his sympathies for Serbia’s government and President. Bishops of Serbia’s powerful Orthodox Church on Thursday elected Porfirije Peric as their 46th patriarch. The new Archbishop of Pec, Metropolitan of Belgrade and […]
Metropolitan Porfirije serious candidate to become the new Serbian patriarch
The Metropolitan of Zagreb and Ljubljana, Porfirije Perić, is considered a very serious candidate for the new patriarch, both because of his position within the Serbian Orthodox Church and his obvious closeness to the current government and the President of Serbia, Aleksandar Vučić. Porfirije is one of the youngest bishops of the Serbian Orthodox Church, […]
Swiss textile company Albiro building a logistics centre in Užice
The Swiss textile company Albiro, which has recently acquired the Kadinjača textile factory in Užice, plans to establish a logistics centre in Užice that would cover the entire region, the company’s owner, Benedikt Schweighart, has said. “The company’s short-term goals are to stabilize the production, to expand our client base and launch new products. Our […]
Japan’s Nidec chooses Novi Sad to invest over two other European cities
The Japanese company Nidec, a producer of electric motors, has already opened a company in Serbia, as unofficially confirmed for B92.net. The arrival of this automotive giant has been announced in Novi Sad, and the company is allegedly to invest around USD 1.9 billion in the construction of the factory. As unofficially confirmed for B92.net, […]
Germany’s MTU to start building its factory in Serbia this year
Leading German aircraft engine manufacturer, MTU Aero Engines, will begin construction of its new repair facility at an industrial park near Belgrade’s Nikola Tesla Airport this year, with the opening scheduled for 2023, the EX-YU Aviation News portal reports. “This industrial park definitely has growth potential. It could well attract our suppliers and partners,” Rainer Becker, Project […]
30% of Austrian companies in Serbia would invest again
A department for foreign trade promotion of the Austrian Chamber of Commerce, Advantage Austria Beograd said that, despite 40% of the surveyed companies that operate in Serbia have had their revenue reduced (during the pandemic), 30% planned to invest even more in the next 12 months.“The great majority of companies have kept the same number […]
The 10 mistakes that Italian entrepreneurs do in Serbia
We really learn only from our failures, because success, which is often the result of chance as well as its opposite, only strengthen our presumptions. Therefore, also for what regards to investments in Serbia, especially planned by small and medium-sized companies, here is a shortlist of mistakes, superficiality, prejudices and unfounded optimism, that resulted in […]
State incentives for investors in production of audiovisual work in Serbia
The Government of Serbia has adopted the Decree on incentives for investors willing to invest in the production of audiovisual works in Serbia, which will be implemented by the Ministry of Culture and Information by allocating funds for that segment. As announced by the Ministry, the decree aims to increase the number of film projects […]
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