ICT products

Serbia’s ICT sector shows strong growth, but challenges remain

Serbia's information and communication technology (ICT) sector has been on a record-breaking trajectory for years, but there is significant potential for further advancement, particularly in shifting from exporting "cheap" labor to increasing the export of ICT products. According to data from the Ministry of Information and Telecommunications (MIT), the export of ICT products and services in the first five months of this year reached over €1.6 billion. This represents a 20.5% increase compared to the same period last year when…