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Live With Reforms

As well as witnessing the commencement of EU accession negotiations, 2016 will also bring the adoption of several new laws in Serbia in order to facilitate long-awaited, thorough and deep-rooted economic reform

The Serbian government has already warned that this year will be a difficult one, due to this reform, adding that this is a price that will have to be paid by the whole of society in order for it to progress.

Similar warnings were announced at the beginning of last year, while business conditions this year are far more challenging due to the parliamentary and local elections, the migrant crisis, an unstable European and global economy, terrorism and undefined international politics.

In this issue of the CorD, we have asked some of our most distinguished business leaders to comment on the operations of their companies in such complex conditions.

Gordana Brasic
GORDANA BRAŠIĆ, PRESIDENT AND HR DIRECTOR AT HENKEL SERBIA

Topic: Sustainable Business in the Existing Business Environment and Measures for Greater Efficiency

Leadership Based on Sustainable Development

Thanks to its commitment to sustainable development, the Henkel Company has achieved excellent results and maintained its leadership position successfully for many years. “To Achieve More with Less” is the idea at the core of Henkel’s sustainability strategy, which the company uses as a guideline for all its business processes and activities.


Jasmina Knezevic
JASMINA KNEŽEVIĆ, FOUNDER AND DIRECTOR OF BEL MEDIC

Topic: The most rational solution in terms of regulating private practices to the benefit of health workers, the state and patients

Health Insurance Reform Needed

Private medical practice is a very young sector. Until 1989, the laws of the former Yugoslavia did not allow private practice. Now, years later, there are around 1,500 private healthcare facilities (general hospitals, specialised hospitals, community health centres and polyclinics).


Jelena Pavlovic
JELENA PAVLOVIĆ, MANAGING DIRECTOR AT PHILIP MORRIS SEE

Topic: Export and production growth lead to the expansion of production and the creation of new jobs in Serbia

Record Export and Production, 200 New Workers Hired

Expanding production and focusing on export remain among Philip Morris’s strategic priorities, we more than doubled our export last year, while our export has increased fifteen-fold compared to five years ago. Back in 2010, we exported to just three countries, while by year’s end 2015 the products produced at our Niš factory were sold in over 60 countries. 


Nikola Vujacic
NIKOLA VUJAČIĆ, DIRECTOR OF OPERATIONS AND EXECUTIVE DIRECTOR OF VICTORIA GROUP

Topic: Agribusiness as an engine of regional development, and opportunities for Serbia to become a hub

Via Education and Efficiency to Greater Profit Margins

Agriculture and the food industry are among the key sectors for the development of the economies of Serbia and the region, as well as being sectors that can make us competitive on the global market. Serbia truly has sufficient abilities to become a regional leader, considering its huge agricultural potential. 


Dimitrije Knjeginjic
DIMITRIJE KNEGINJIĆ, CEO LAFARGE SRBIJA

Topic: Priorities and goals of the new Lafarge Holcim Group

Transforming Commercial and Market Approach

Lafarge Serbia is part of the Lafarge- Holcim Group, which was established in July 2015 following a merger between Lafarge and Holcim, the two leading building materials companies.

Free Access to the Western Balkan Labour Market

Little Guys Support Each Other

Creating a single labour market in the framework of the Open Balkan initiative is useful, but also has limited scope. It will contribute to...

Unwrapping the Carrot

EU Growth Plan

The EU’s Economic and Investment Plan for the Western Balkans possesses significant transformative potential and is capable of reshaping the region’s economic landscape and...

Are the Recent Elections A Pebble or a Boulder in the Government’s Shoe?

Nobody Knows What’s Good Over the Hill

The post-election political situation in Serbia is like a top suspense story, in which democracy will either triumph or perish, regardless of whether we...

What Positive Developments Have Been Achieved in Serbia When It Comes Our Struggle for a More Sustainable Planet?

Optimism in Green

Serbia is taking modest but commendable strides towards a green future, with notable progress achieved on sustainable initiatives and environmentally conscious practices In this month’s...

Serbia to Receive €1.63 Billion in EU Funding for Western Balkans Growth Plan

Serbia is set to receive €1.63 billion as part of the new Western Balkans growth plan over the next...

Chinese President Xi Jinping to Embark on Official Visit to Serbia

The press office of Serbian President Aleksandar Vucic announced that Chinese President Xi Jinping will be visiting Serbia on...

High-Speed Rail Link Between Novi Sad and Budapest Set to Start in Decembar 

The main track on the high-speed rail section from Novi Sad to Budapest has been successfully connected at the...

Mattoni 1873 Completes Acquisition of Knjaz Miloš for €90 Million

Mattoni 1873, the titan of mineral water and non-alcoholic beverages in Central Europe, has just elevated its portfolio by...

EU Parliament Passes Stringent Packaging Laws

In a decisive move, the European Parliament has passed new regulations aimed at significantly reducing packaging waste, setting ambitious...

Serbia to Receive €1.63 Billion in EU Funding for Western Balkans Growth Plan

Serbia is set to receive €1.63 billion as part of the new Western Balkans growth plan over the next...

EU Parliament Passes Stringent Packaging Laws

In a decisive move, the European Parliament has passed new regulations aimed at significantly reducing packaging waste, setting ambitious...

Serbia’s Gaming Industry Sees Significant Growth and Employment Surge in 2023

In 2023, Serbia's gaming industry earned more than 175 million euros, marking a 17 percent increase from 2022, and...

Maserati’s Balkan Expansion: New Showroom Opens in Belgrade

Delta Auto Group has unveiled an exclusive Maserati showroom in Belgrade, setting new luxury benchmarks in line with the...

Peter Pellegrini Wins Slovak Presidential Election

Peter Pellegrini, the candidate from the ruling coalition, won the second round of the presidential elections in Slovakia, securing...