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Serbia’s Industrial Strategy Shifts Toward Engineering, Compliance and High-Value Technical Niches

Industry

Serbian Exporters Build MRV Systems for EU Carbon Border Compliance

Markets

Serbia’s Kragujevac data centre and AI buildout hinge on power contracts

Energy

CBAM rules reshape Serbia electricity contracts for EU-bound industrial exports

Industry

Serbia’s Evolving Industrial Landscape and the Role of Public Relations

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Waberer’s Expands Serbian Logistics Operations with New Belgrade Capacity

Waberer’s International is expanding its Serbian logistics operations through new warehouse capacity in Belgrade and plans for a 20,000-square-metre greenfield…

STADA Approves Further €20 Million Investment in Hemofarm Production

German pharmaceutical group STADA has approved an additional €20 million investment in Hemofarm’s production complex, expanding manufacturing capacity at the…

Serbia’s IT Job Market Sees Fewer Remote Roles and Rising Candidate Competition

Serbia’s technology employment market is seeing a marked shift in the balance between employers and candidates, with remote vacancies declining…

Serbia’s Foreign-Exchange Reserves Reach €30.8 Billion as Gold Holdings Rise

Serbia’s foreign-exchange reserves reached a record €30.8 billion in August, while the country’s gold holdings increased to 55 tonnes, strengthening…

Serbia Expands Public Investment While Government Debt Holds Near 44% of GDP

Serbia sharply increased public investment during the first seven months of 2026, while general-government debt remained around 44% of GDP…

Serbia’s Labour Market Tightens as Productivity Gains Offset Declining Employment

Serbia’s labour market is recording lower unemployment alongside declining formal employment and rising real wages, while productivity growth is becoming…

Serbian Banks Expand Lending as Non-Performing Loans Fall to 1.98%

Serbia’s banking sector is recording faster credit growth while maintaining historically low levels of problem loans, with total domestic lending…

Serbia’s Inflation Slows to 2.2% as Core Price Pressures Keep NBS Cautious

Serbia’s annual inflation eased to 2.2% in August, but elevated services inflation and 4.7% core inflation are keeping the National…

Serbia’s 2026 Growth Outlook Improves After Stronger Second-Quarter Expansion

Serbia’s economic growth outlook for 2026 has strengthened after second-quarter activity exceeded preliminary estimates and agricultural production improved, increasing the…

Serbian Corporate Lending Expands as Investment Loans Grow 16.5%

Serbian companies increased their use of bank financing in July 2026, with corporate lending growing 11.6% year on year as…

Serbia’s Current-Account Deficit Narrows as Export Growth Outpaces Imports

Serbia’s external imbalance narrowed in the first seven months of 2026, with faster growth in exports than imports helping reduce…

Serbia’s FDI Shifts Toward Manufacturing and Export-Oriented Investment

Serbia attracted €24.4 billion in foreign direct investment between 2020 and 2025, with almost 60% allocated to tradable sectors, strengthening…

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Waberer’s Expands Serbian Logistics Operations with New Belgrade Capacity

Companies

STADA Approves Further €20 Million Investment in Hemofarm Production

Economy

Belgrade Stock Exchange Gains 0.4% as Weekly Turnover Remains Limited

ESG

Serbia Mining Risk Expands as Exploration Rights Enter Election Debate

Companies

Serbia Introduces Stricter Beneficial-Ownership Documentation Requirements

Companies

ENGEL Expands Serbian Manufacturing Network with New Kikinda Production Site

Companies

Waberer’s to Add 20,000-Square-Metre Logistics Capacity in Serbia

Markets

Forty.5 Closes $30 Million Fund for Southeast European Startups

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Companies

NIS Ownership Talks Enter Critical Phase as OFAC Sets September 30 Deadline

ESG

Serbia Extends Fuel Export Ban as NIS Sanctions Deadline Approaches

Companies

Serbia Approves Alpac Capital Acquisition of United Group’s News Media Assets

Companies

Serbia’s Cement Industry Faces Rising Cost Pressure as Decarbonisation Investment Accelerates

Economy

Serbia’s 3.8% Growth Driven by Consumption, Construction and Public Investment

Companies

Reliance Plans €100.5 Million Battery Factory as Serbia Expands Advanced Manufacturing

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Serbia: Belgrade begins geothermal drilling at district-heating sites

22 Sep 2026

Serbia: Belgrade waste-to-energy plant processes first million tonnes

21 Sep 2026

Market News Roundup CW38

21 Sep 2026

Serbian renewable power faces new CBAM opportunity as EU moves to simplify electricity rules

20 Sep 2026

Serbia’s 2 GW battery pipeline moves into grid contracts as power arbitrage changes

20 Sep 2026
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Serbia’s 2026 Deficit Target Faces Pressure From Transfers, Fuel Taxes and Investment

Serbia’s 2026 Growth Accelerates as FDI Weakens Ahead of Expo 2027

Higher Euribor Raises Loan Repayments for Serbian Households and Companies

Serbia Sets 2.75% 2027 Deficit Target as IMF Reviews Investment-Led Growth Strategy

Serbia’s Inflation Expectations Diverge Despite August CPI Easing

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CBAM Expansion Adds New Credit-Risk Considerations for Serbian Banks

Serbia Prepares Licensing Framework for Credit Intermediaries

EU Carbon Rules Reshape Financing Needs for Serbian Exporters

Serbia Expands Consumer-Finance Rules to Cover BNPL and Credit Intermediaries

Serbia Grid Changes Put 1.15 GW Renewable Pipeline Under Pressure

Serbia’s Growing Distributed Generation Raises Need for Local Grid Flexibility

Serbia’s 11 GW Renewable Pipeline Puts Grid Connections and Storage in Focus

Serbia’s Renewable Power Exports Face Stricter CBAM Documentation Requirements

Serbia Plans Faster Renewable Permitting as Developers Face Stricter Project Requirements

Serbia’s Construction Permits Point to Larger Investment Projects

EU Plans Broader CBAM Scope for Serbian Machinery and Metal Exporters

Serbia’s Export Growth Gains Momentum as Industrial Investment Expands Capacity

Serbia Begins Local Assembly of Israeli-Designed Military Drones

Serbia Records 122 MW of Active-Buyer Capacity Across Industrial Power Users

ENGEL Expands Serbian Manufacturing Network With New 13,000-Square-Metre Kikinda Plant

Serbia’s Battery Pipeline Reaches 2 GW as Renewable Grid Queue Expands

EPS Advances €408 Million Green-Finance Programme for Hydropower and Solar Projects

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Serbia’s Draft Data Law Brings AI Use Under Expanded Corporate Compliance Rules

Serbian Entrepreneur Lending Reaches €846 Million as Smaller Businesses Increase Bank Borrowing

EU CBAM Reform Could Ease Compliance for Serbian Renewable Electricity Exports

BENU Expands Serbian Pharmacy Network Through Stesa-lek Acquisition

Serbia’s EU Electricity Market Coupling Target Shifts Toward 2029

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Serbia Sets 2.75% Deficit Target for 2027 as Investment Spending Continues

S&P Affirms Serbia at BBB- as 2026 Deficit Target Widens to 3.5% of GDP

Serbia Tightens Corporate Compliance Rules Across Ownership, Tax, Competition and Carbon Regulation

Serbia Enters Carpathian Eight Framework with €115 Billion Regional Investment Pipeline

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