manufacturing growth

Selective industrial expansion replaces broad manufacturing growth in Serbia

Serbia's industrial landscape is undergoing a significant transformation as it moves away from broad-based manufacturing growth towards a more selective pattern of development. The post-pandemic phase, which previously saw simultaneous growth across various sectors such as automotive, metals, machinery, and consumer goods, has shifted to an environment where capital, policy support, and financing are increasingly concentrated in specific sectors and projects. While overall growth remains present, it is now focused on targeted industrial expansion that is capital-intensive and strategically filtered.…