economy transitions

Serbia’s Economy Shifts Towards Contract-Based Models

The economic landscape in Serbia is experiencing a significant transformation as the reliance on market mechanisms gives way to a system increasingly defined by contractual agreements. This shift is characterized by a growing emphasis on stability and predictability, particularly in sectors that require substantial capital investments and are subject to global market fluctuations. In the energy sector, this change is most pronounced, with long-term power purchase agreements becoming the preferred financing model for renewable projects. Developers are now focusing on…