Review of the biggest telecoms and IT investments in Serbia in 2022

At the end of last year, the Serbian Prime Minister, Ana Brnabić, said that Serbia’s export of IT products and services would exceed EUR 2.5 billion in 2022, of which Serbia’s surplus will be over EUR 1.5 billion, and that in the same year, every second advertised new job was in IT sector.

Of all cities in Serbia, Belgrade is fast becoming the technological hub of the region, as confirmed by large companies opening their development centres in the capital of Serbia. Luxoft was one of them, while the Russian company, Yandex, also announced the opening of its development centre in the Serbian capital.

Here are the ten most important telecoms and IT investments in Serbia last year:

1. The hi-tech building of the Electrical Engineering Faculty, University of Belgrade

The new building will have three amphitheatres, an innovation, research and startup department, and will be built in phases. Phase 1 entails the construction of a new facility connected with the facilities of other technical faculties and the Faculty of Mechanical Engineering and the Faculty of Technology, as well as the reconstruction of all the existing facilities that will be affected by new construction activities. Phase 2 includes the extension of the Faculty of Mechanical Engineering and the Faculty of Technology, as well as the construction of a pavilion structure in the rear of the University Library.

2. Wargaming to open a studio in Belgrade 

The company behind the popular tank- and warship-themed video games “World of Tanks” and “World of Warships” – Wargaming is opening a studio in Belgrade, the company announced in June of 2022. In addition to Belgrade, new studios will also open in Warsaw. As said, Warsaw and Belgrade were a logical choice for these new locations, as both cities have fast-developing tech sectors.

3. Yandex development centre Belgrade

The Global IT company Yandex has also announced the opening of a development centre in Belgrade that will employ 800 software and other types of engineers. They will work on developing the latest IT solutions.

4. Smart cities of Serbia

In June last year, the Serbian government’s IT and e-Government Office launched a tender for procurement of a platform for smart cities for several Serbian cities which is harmonized with European standards and trends in the Smart City domain, based on the Internet of Things (IoT) technology. This platform will also support other modern communications technologies, collect information in real-time, analyze the collected information and take adequate actions based on the generated results. The tender’s value is estimated at RSD 1.25 billion (around EUR 10.5 million).

5. Expansion of Technology Park Belgrade

The plan is to build additional three buildings at the Belgrade Technology Park with an underground garage. According to the urban planning documentation, each of the facilities is meant for innovation activities carried out by companies. Plus, the plan is to build other facilities such as the Centre for the Maturing of Innovations.

6. Luxoft development centre in Belgrade

In November of 2022, Luxoft opened the Development Centre in Belgrade and the company already has more than 1,000 employees in the country. The Prime Minister of Serbia, Ana Brnabic, said at the opening, that the company planned to have at least 2,000 employees in Serbia by the end of 2023. Luxoft designs software solutions for the automotive industry, banking and telecommunications, their clients are some of the world`s biggest brands, and it has over 20,000 employees in 30 countries.

7. Expansion of Ananas app in the region

Ananas e-commerce, a marketplace with the seat in Serbia, bought the North Macedonian company Vebspot from the Payten Company. This way, Ananas became the owner of the online shopping brands and

8. Digital network in rural areas in Serbia

The Ministry of Information and Telecommunications is implementing the project of development of broadband infrastructure in rural areas of Serbia. “The entire project is worth EUR 500 million, of which EUR 250 million is the state investment, and EUR 250 million is the investment of private partners of telecommunications companies,” the Prime Minister of Serbia, Ana Brnabic, said.

9. HYCU centre in Belgrade

HYCU is one of the leading global software companies that is engaged in the management and protection of the data of some of the biggest companies. In under a year, the software developed in Serbia is now used in over 33 countries worldwide. HYCU’s partner companies include Microsoft, Citrix, Nutanix and Google Cloud. HYCU is one of the fastest-growing companies in the world and it is currently building a facility in Belgrade that will employ 100 people.

10. IBM development centre Novi Sad

The first IBM development centre in Novi Sad opened in December, which develops technologies for IBM’s needs. IBM regional director, Nikola Polic, said on the occasion that the Novi Sad office would deal with software development. “This is a major thing for the local IBM because we are finally opening another office in Serbia which will deal with very concrete technology development. That is important for Serbia because it demonstrates that this country is a great place for major tech companies to come to. Thanks to this development centre, we will be able to offer better services and support to customers in the wider region,” Polic noted.

(eKapija, 23.01.2023)

This post is also available in: Italiano

Share this post

Leave a Reply

Your email address will not be published. Required fields are marked *

scroll to top