ESG

Serbia’s Next Investment Phase Hinges on Industrial Sustainability and Workforce Skills

Serbia’s progress in international competitiveness assessments is placing greater emphasis on the quality of its industrial base, institutional environment and workforce as investors increasingly evaluate sustainability, technology and operational resilience alongside traditional cost considerations. The OECD competitiveness framework, as highlighted by the National Bank of Serbia (NBS), recorded improvements in eight of 15 areas compared with 2021. Serbia also performed above the Western Balkan average in 13 areas. The strongest advances included science, technology and innovation, agriculture and employment policy.…