In the first quarter of this year, 70% of the surveyed business people in Serbia are thinking about more or the same amount of investment as before, 19% lower than in the previous survey.
Most of them will invest in imported equipment, buildings and land. Business people in Serbia are most concerned about the expected decline in turnover in the first quarter, which is estimated up to 59% in some sectors, with retail and food industry being the most affected sectors, writes Vecernje Novosti daily.
According to the research of the Chamber of Commerce and Industry of Serbia, titled “Business activity of companies in the Republic of Serbia”, almost half of the surveyed export companies hope for unchanged export data in the first quarter of 2021.
“In the fourth quarter of 2020, a half of the survey respondents based in Vojvodina or Belgrade invested more than three months earlier, in contrast to companies based in Sumadija and Western Serbia, as well as Southern and Eastern Serbia, where 42% and 40% of companies respectively increased their investments,” the Chamber of Commerce of Serbia points out.
In the first quarter of 2021, 44% of the survey participants expect a decrease in turnover, a third no change, while 22% expect growth. As many as 43% of the survey respondents in the category of large companies expect a decrease in turnover, as does 53% among micro-enterprises.
48% percent of the surveyed companies have sufficient funds for optimal business financing, about 11% say they have no funds for liquidity and 22% have no funds for investments. About 19% of the respondents say they have no funds for either investments or liquidity.
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