Sitemap

Nicolas Marquier, Regional Manager for the Western Balkans at the International Finance Corporation (IFC)

Financing the Future

IFC, the largest global development institution, has provided almost $1 billion in financing to Serbia’s private sector over the past six years IFC, as a...

Dr Ivan Todorović, Todorović Law Firm

Dedicated Advisors and Tenacious Litigators

The Todorović Law Firm has existed for more than 30 years and throughout that time has demonstrated its unwavering dedication to continuously advancing at...

Marija Stojiljković, Founder, Royal Nanny

Children Deserve the Best Nannies

Royal Nanny offers a wide range of childcare services, primarily through mediating between professional nannies and families, providing responsible, meticulous, trained and caring individuals Starting...

Petar Miljković, CEO, 14. Oktobar d.o.o.

Employees are the Company’s Real Strength

This former Kruševac giant, which has come a long way over the course of 100 years of operations, developing from a construction machinery factory...

Ivana Bogdanović, Director of Marketing and Corporate Communications at Addiko Bank

CSR as a Longstanding Priority

In today’s world, where gaining the trust of clients is the most important aspect of a company’s business, CSR, or socially responsible operations, represents...

Jelena Bulatović, Executive Director Of The Serbian Association Of Managers, SAM

We Must Decide What Kind Of Migration We Want

Automation will increasingly be on the rise, not only as part of progress and advancement, but rather as a result of the need to resolve the shortages in some occupations. It is thus no exaggeration to say that we will have robots in the fields in the near future.

The Serbian labour market is suffering from the consequences of global trends. The brain drain is a global phenomenon that’s being faced by most countries around the world. From this region, young people want to go to the EU; from some European countries, young people want to go to the U.S. etc. Moreover, Serbia has unfavourable demographic trends, and demography impacts on the labour market and the economy, and vice versa. We have a low birth rate, high mortality and a high level of emigration, all of which impact negatively on the labour market.

We already have occupations that are in short supply, not only when it comes to highly qualified personnel in the field of IT, such as data scientists and data analysts, but also when it comes to jobs like traders, warehousemen, forklift drivers, as well as workers for various occupations in construction and agriculture. The cost of labour for these occupations is on the rise on the market, while the economy is turning to some other solutions when it comes to staff shortages, such as automation and the importing of labour, which are already evident on the market.

Switzerland tops the list of countries when it comes to innovation and global competitiveness, representing an excellent example of actively dealing with the brain drain topic

We are witnessing, for example, that we already have foreign workers in the construction sector, while automation will also increasingly be on the rise, not only as part of progress and advancement, but rather as a result of the need to resolve the shortages in some occupations. It is not a complete hyperbole to suggest that, for instance, if we don’t have enough workers for some jobs, say in agriculture, that we will have robots working in the fields in the near future.

Serbia must choose as a society the direction it wants to go when it comes to circular migrations. And that direction will determine whether we will import cheap labour or high-quality workers and digital nomads. We already have initiatives that encourage and ease the return of our diaspora to the country, and as a country we shouldn’t prevent young people who want to go abroad to study. Instead of that, we should create such a society that compels them, after a certain period of time there, to want to return to the country.

I’ve always found the example of Switzerland interesting, where they identified the brain drain problem 20 years ago and worked intensively to reverse the trend. Their model has shown that investing in innovative professions leads to faster economic development, the growth of competitiveness and improved living standards, and this ensures that the country has become more attractive for young and old to stay in or return to the country, while attracting other, high-quality workers from other countries. Switzerland tops the list of countries when it comes to innovation and global competitiveness, and I think it represents an excellent example of actively dealing with the brain drain topic. I would like us, as a country, to head in that direction and feel the positive effects of circular migrations.

Comment by Zoran Panović

Diplomatic Twine

German politician Markus Söder promised to support Serbia on its EU journey. According to the German media, Söder is making “diplomatic twine” in his...

Branka Anđelković, Co-founder and Programme Director of the Public Policy Research Centre

An Even Bigger Grey Market?

In the case of workers of the platform employed in food production and passenger transport, the Open Balkan initiative might not contribute to the...

Čedanka Andrić, President of Trade Union Confederation NEZAVISNOST

Increased Competition Between Low-Paid Workers

Considering educational qualification and unemployment structures in Serbia, my opinion is that this measure could only increase the pressure on workers in Serbia to...

Jelena Jevtović, Serbian Association of Employers

Employers Will More Quickly Find Workers

The employing of citizens of these two countries in Serbia could ease the labour shortage problem, but fundamentally resolving it requires education system reform It...

Mobi Bank Becomes Yettel Bank

Mobi Banka, soon to be Yettel Bank, has unveiled a new brand and mobile application, marking a pivotal shift...

Serbia Set to Become Europe’s Top Copper Producer with Zijin Mining Expansion

Zijin Mining has announced plans to increase the annual capacity of its Serbian project to 450,000 tonnes of copper...

ESG Adria Summit Launches in Montenegro

The second annual ESG Adria Summit kicked off today in Tivat, Montenegro, under the theme "Act now for a...

Modine Expands Serbian Operations with New Facility

Modine, a global leader in thermal management technology, has inaugurated a new 18,000-square-metre production plant in Sremska Mitrovica, Serbia,...

Novak Djokovic Wins Laureus Award for World’s Best Sportsman for Record Fifth Time

Novak Djokovic has won the Laureus award for the world's best sportsman for a record fifth time at a...

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...

Strategic Energy Partnership Established Between Serbia and France

The Serbian Government adopted a Memorandum of Understanding between the Government of Serbia and French Electric Power Company (EDF),...

Serbia-France Innovation Forum Begins: Innovate for the Planet! Play Green!

At the Serbia-France Innovation Forum titled 'Innovate for the Planet, Play Green', which commenced at the Palace Serbia, French...

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...

Strategic Energy Partnership Established Between Serbia and France

The Serbian Government adopted a Memorandum of Understanding between the Government of Serbia and French Electric Power Company (EDF),...

Serbia-France Innovation Forum Begins: Innovate for the Planet! Play Green!

At the Serbia-France Innovation Forum titled 'Innovate for the Planet, Play Green', which commenced at the Palace Serbia, French...
spot_img