president

Serbia restricts foreign ownership in strategic sectors

Serbia has announced a policy to prevent majority foreign ownership of companies deemed strategically important, as stated by President Aleksandar Vučić. This move indicates a shift towards increased state control over vital sectors, including energy, telecommunications, and critical infrastructure. The government aims to retain national oversight of companies essential for economic security while permitting limited foreign investment in non-strategic industries. President Vučić emphasized that firms with strategic significance, such as Elektroprivreda Srbije (EPS), Telekom Srbija, and Naftna industrija Srbije (NIS),…