Serbia has committed to demolishing the General Staff buildings in central Belgrade at its own expense to clear the site for office tower construction by American investor Jared Kushner, son-in-law of former U.S.
Category - Highlighted
Foreign exchange reserves reach EUR 29.36 billion
Gross foreign exchange reserves of the National Bank of Serbia (NBS) stood at EUR 29.36 billion at the end of October, marking the highest month-end level on record, the central bank reported yesterday.
Belgrade Airport begins terminal expansion works
Belgrade Airport, part of the VINCI Airports group, announced yesterday that it has commenced preparatory works for the expansion of the Nikola Tesla Airport terminal on the C side of the airport complex.
Wealthy families in Serbia poorest in Europe
In Europe, the average annual net income required for a three-member household to be considered among the top 10 percent wealthiest families is EUR 71,000.
Hundreds of jobs at risk in Serbia’s state-owned arms industry amid export ban
The wave of layoffs that began this autumn in Serbia’s private sector is now spreading to state-owned arms and ammunition factories, where lists of workers to be declared redundant are being drawn up, said Ranka Savić(read more)
Handelsblatt: Vučić’s arbitrary policies threaten survival of foreign retail chains in Serbia
Foreign retail chains in Serbia are increasingly struggling with the arbitrary decisions of President Aleksandar Vučić, which could ultimately drive them out of the country, while questions are being raised over how(read more)
European Parliament to vote on extension of trade preferences for Western Balkans
The European Parliament will vote tomorrow on a proposal to extend trade preferences for the Western Balkans until 2030, according to a notice published on the institution’s official website.
First Serbian store opens in Xiamen
The first Serbian store has opened in the Chinese city of Xiamen, offering a range of domestic products such as rakija, wine, jams, honey, and other food items to Chinese consumers in one location, RTS reports.
Serbia to borrow EUR 8.3 bn to cover deficit and repay old debts
The Government of Serbia plans to borrow approximately RSD 970 billion (around EUR 8.3 billion) in 2026 to cover the budget deficit and repay maturing debts, Nedeljnik reports.
United Group media editors submit buyout offer to company owners
The management teams of N1, Nova, Radar, and Danas have officially submitted an offer to acquire 100 percent ownership of United Group’s news media operations in Serbia and the region, N1 announced yesterday.
