economic transformation

Serbia Industrial Plan Shifts Toward High-Value Manufacturing Growth Model

Serbia has introduced its 2026–2027 industrial-policy action plan, marking a strategic shift from labour-intensive manufacturing toward a capital-intensive industrial structure focused on higher-value-added production, stronger technological content, and cleaner industrial processes. The policy reframes industrial development beyond attracting foreign factories and subsidising employment, positioning competitiveness around productivity, technology upgrading, energy efficiency, and export quality standards. Structural shift from labour-based to technology-driven industry Over the past decade, Serbia’s manufacturing expansion has been supported by foreign direct investment in industrial zones and…