southern serbia

Southern Serbia strengthens industrial base as new factories replace legacy employers

Southern Serbia’s industrial landscape is undergoing a quiet transformation as new factories gradually replace legacy employers lost during earlier waves of deindustrialisation. While the scale of employment is smaller, the structure of production is markedly different. Modern factories rely on automation, lean staffing, and integration into international supply chains. They generate fewer jobs, but higher output per worker and greater resilience to demand fluctuations. For regions long dependent on single large employers, this represents a structural shift rather than a…