Sitemap

Mirjana Lučić And Vladan Ilić, General Managers At Saint-Gobain

Anniversary Year

Saint-Gobain is a world leader in modern and sustainable construction that designs, produces and distributes materials and services for the construction sector and industrial...

UniCredit Bank Serbia

Why It’s Important To Save: The Future Is Certainty

There’s no need to talk about the fact that it’s important to find a certain degree of stability and certainty under the current circumstances...

Nemanja Bućinac, Retail Leasing Director, MPC Properties

Changing With The Times

UŠĆE Shopping Center has been the market leader for over 13 years. In order to retain this position, UŠĆE is preparing for a major...

Stylianos Tsoktouridis, Director, Alumil Yu Industry A.d.

Superior Customised Solutions

Alumil is one of the largest brands producing windows and doors, with 12 factories across Europe, including one in Serbia. The company continues, year-on-year,...

Sanja Stanimirović, CEO, Testeral

Demanding Markets Develop Quality

Testeral exports 95 per cent of its production to the markets of Western Europe and America, and one of the company’s goals is to...

Gert Rabbow, Executive Director Of The German-Serbian Chamber Of Commerce - AHK Serbien

Serbia Likely To Become First Choice For German Nearshoring

Even before the outbreak of the covid-19 pandemic and the start of the war in Ukraine, Serbia had already proved itself to be a good investment location. The current situation in Ukraine has only accelerated the drive towards nearshoring and made Serbia more visible as a potential location for the relocating of production operations

We are all witnessing the major impact of COVID-19 on the supply chain industry all over the world, in terms of slowing down or stopping flows of goods and services. Companies are reorganising their production operations to be more resilient to such shocks in the future. Although the pandemic hit many businesses, it also smoothed the way for new production alternatives. Global companies are seeking new production locations in Europe for at least some product areas, and the locations they’re looking for are attractively priced, able to meet the quality requirements and – last, but not least – able to make products available within shorter transport times.

As the German-Serbian Chamber of Commerce, one of our main goals is to accelerate cooperation between German buyers and potential Serbian suppliers. For this purpose, together with our colleagues from 10 other AHKs, we launched a joint initiative to create the largest supplier community in Europe. Our first milestone on that path was the creating of the AHK Industrial Suppliers Forum – a digital platform that we will use for business matchmaking. Additionally, we also introduced new working group for our members: Supply Chains in Serbia, where companies can tackle all potential issues and discuss important supply chain topics relevant to their businesses.

One of Serbia’s main strengths, and a competitive advantage that is enticing foreign investors, is certainly the educated workforce that also brings added value

Even before the outbreak of the Covid-19 pandemic and the start of the war in Ukraine, Serbia had already proved itself to be a good investment location. The pandemic didn’t cause a slowdown in investments, at least those coming from Germany. Despite the current situation, major investors from Germany opened their factories or expanded their operations or facilities in Serbia: MTU, Boysen Abgassysteme, fischer automotive, SMP automotive, ZF Serbia, Brose, Continental, Hansgrohe, Bizerba etc. Serbia and other countries of the Western Balkan region have high potential to position themselves as first-choice locations and destinations for relocating production operations to serve countries in Europe. One of Serbia’s main strengths, and a competitive advantage that is enticing foreign investors, is certainly the educated workforce that also brings added value. By introducing the dual education system, companies offer their employees opportunities to develop their skills and qualifications. That’s why many companies invest in research and development while opening training centres near their facilities. Investors are coming here to stay.

The current situation in Ukraine has only accelerated the drive towards nearshoring and made Serbia more visible as a potential destination for the relocating of production operations. According to information from the Serbian Business Registers Agency, 294 new companies from Russia and Ukraine have been registered in Serbia. The main business focus of these companies are IT and consulting services. Given this fact, Serbia certainly has, and will benefit from, this competitive advantage.

H.E. Mohamed Abdullahi Ahmed, Ambassador Of Somalia To Serbia

Somalia Is Potentially A Rich Country

Despite the fact that Somalia has experienced a variety of situations over the past 31 years, including civil wars, famine, and international terrorism that...

Comment by Zoran Panovic

Ana, Again

Of course, it’s absurd that, on the day when the gay prime minister received her third mandate, Serbian President Aleksandar Vučić simultaneously cancelled the...

Dejan Šoškić, Ph.D. Economist, Regular Professor At The Faculty Of Economics, University Of Belgrade

Winter Of Great Discontent

I think the war in Ukraine will come to an end soon, as a result of the imbalance of forces on the ground, but...

H.E. Hidajet Biščević, Croatian Ambassador To Serbia

How Are We As Neighbours?

I have no desire to wrangle with the public and media atmosphere created here around the “case of Petrovačka cesta” , because I would...

Total Revenues Of Video Game Industry In Serbia Amounted To 125 Million Euros In 2021

The video game industry in Serbia employs 3,000 people who work in 130 gaming companies, with total revenues last...

Leaders Of 44 Countries Invited To The First Meeting Of The European Political Community

Representatives of 44 countries have been invited to the first meeting of the European political community, which will be...

Serbian Flag In Times Square

The flag of Serbia with a message about friendship between Serbia and the United States, as well as an...

Vučić At The UN: What Is The Difference Between The Territorial Integrity Of Ukraine And Serbia?

What is the difference between the territorial integrity of Ukraine and the territorial integrity of Serbia, which was violated...

Scientists In China Create World’s First Cloned Wild Arctic Wolf

The successful cloning of the species which is native to the High Arctic tundra of Canada's Queen Elizabeth Islands,...

Total Revenues Of Video Game Industry In Serbia Amounted To 125 Million Euros In 2021

The video game industry in Serbia employs 3,000 people who work in 130 gaming companies, with total revenues last...

Leaders Of 44 Countries Invited To The First Meeting Of The European Political Community

Representatives of 44 countries have been invited to the first meeting of the European political community, which will be...

Serbian Flag In Times Square

The flag of Serbia with a message about friendship between Serbia and the United States, as well as an...

Vučić At The UN: What Is The Difference Between The Territorial Integrity Of Ukraine And Serbia?

What is the difference between the territorial integrity of Ukraine and the territorial integrity of Serbia, which was violated...

Scientists In China Create World’s First Cloned Wild Arctic Wolf

The successful cloning of the species which is native to the High Arctic tundra of Canada's Queen Elizabeth Islands,...

Total Revenues Of Video Game Industry In Serbia Amounted To 125 Million Euros In 2021

The video game industry in Serbia employs 3,000 people who work in 130 gaming companies, with total revenues last...

Leaders Of 44 Countries Invited To The First Meeting Of The European Political Community

Representatives of 44 countries have been invited to the first meeting of the European political community, which will be...

Serbian Flag In Times Square

The flag of Serbia with a message about friendship between Serbia and the United States, as well as an...

Vučić At The UN: What Is The Difference Between The Territorial Integrity Of Ukraine And Serbia?

What is the difference between the territorial integrity of Ukraine and the territorial integrity of Serbia, which was violated...

Scientists In China Create World’s First Cloned Wild Arctic Wolf

The successful cloning of the species which is native to the High Arctic tundra of Canada's Queen Elizabeth Islands,...
spot_img