employees

Nearly one-third of Serbian companies operate without employees, including four large firms generating billions

According to data from the Serbian Business Registers Agency (APR), there are exactly 33,465 companies operating in Serbia without a single employee—meaning nearly one in three companies has no employees at all. Most of these are micro companies, but notably, four of them are classified as large companies, each generating over 4.68 billion dinars in annual revenue. At the end of 2024, Serbia had a total of 112,670 registered companies employing 1,325,497 workers. These companies reported combined revenues exceeding 20,086…