economic partnership

German Capital Strengthens Industrial Presence in Serbia

The economic ties between Serbia and Germany have developed into a significant bilateral partnership in Southeast Europe, with over 900 companies operating in Serbia that are backed by German capital. These firms collectively employ around 80,000 individuals, establishing Germany as Serbia's largest trading partner and a key industrial investor across various sectors including automotive, manufacturing, retail, chemicals, and advanced engineering. According to the German-Serbian Chamber of Commerce, this extensive network of companies has created a well-integrated industrial ecosystem. Over the…