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Novi Sad, Say Hello To The Benefits Of Hybrid Working

The leading flexible workspace experts of Regus are bringing hybrid working to Novi Sad. Opening soon, this new location adds a new city to...

Marija Glođović, Business Development Manager at Exclusive Networks d.o.o.

Encouraging Transformation, Guaranteeing Security

Exclusive Networks is a globally recognised cybersecurity and digital infrastructure specialist. Here its business development manager, Marija Glođović, reveals for CorD Magazine precisely why...

Carlos Puglia, Galenika Executive Director For Sales And Marketing

We Are Ready For Global Goals

As part of Grupo NC, one of the largest conglomerates in Brazil, Galenika is a company that operates on the global market. Its focus...

Aleksandar Cicmil, Promont Group and Dejan Pejčinović, Movenpick Fruške Terme

In The Company Of The Best – Serbian Hospitality With International Standards!

Hotel Fruške Terme has become the first hotel of Mövenpick Hotels & Resorts in Serbia and part of the AccorHotels group, which represents a...

Vladimir Spasić, Account Executive, Dell Technologies

We’re Becoming A Digital Society

With its digital solutions, products and services, Dell Technologies advances the operations and business processes of the companies with which it cooperates, while the...

Matteo Colangeli, EBRD Director and Regional Head of the Western Balkans

Focus on Serbia’s Green Economy Transition

The EBRD is committed to supporting Serbia’s EU integration and our activities in the country are consistent with that process. We are working to strengthen the sustainability and competitiveness of the Serbian economy and to accelerate its convergence towards EU standards in many areas.

The EBRD has two key priorities. The first is to accelerate transition to the green economy, with a view to reducing energy intensity and environmental pollution. The starting point of this is to lower overall consumption through energy efficiency investments, both in the industrial and residential sectors, which we support with targeted financing programmes that are largely implemented through commercial banks. The second step is to increase the electrification of the economy, including through substantial investments in energy grids and electrically powered transport. The third is to switch from coal and rapidly increasing the share of renewables in the Serbian power mix. In this area, we are keen to offer support to the authorities in setting up renewable energy auctions to attract quality private investors and take full advantage of the lower prices driven by the rapid advances in solar and wind power technologies.  

The starting point of our intervention is to help lower overall energy consumption through energy efficiency investments, both in the industrial and residential sectors

We are working to strengthen the competitiveness of the private sector by helping companies raise business standards in terms of digitalisation, environmental performance and social inclusion. We are doing this, for example, through a number of programmes to improve access to finance and skills for Serbian SMEs. We are also working on two other important ingredients for integration into global value chains. The first is access to modern transport infrastructure, with the EBRD’s focus increasingly on financing the upgrade of Serbia’s railways system. The second is a business environment that attracts quality FDI and enables local companies to grow. We have a number of initiatives in this area, for example to support the digitalisation of public administration and the efficiency of business inspections.

Comment By Zoran Panović

Year Of Turmoil

Vučić’s influence over political gravity on the quantum vacuum of Serbia’s multiparty system could, in the best-case scenario, redefine and strengthen the politics of...

Branimir Jovanović, Economist At The Vienna Institute For International Economic Studies

The EU And The Western Balkans Still Need Each Other

The importance of the Western Balkans is primarily strategic and political. If the EU pushes the region away, it will turn towards Russia and...

Dr Duško Lopandić Ph.D., Vice President Of The European Movement In Serbia

Third Round Of Euro Integration?

The need to accelerate Ukraine’s EU integration, coupled with incentives to fortify the union’s international geopolitical “might”, as well as the general influence and...

Vukan Marković, University Of Belgrade, Institute For Philosophy And Social Theory; Cambridge University Ph.D. Student

EU Enlargement Is Back In Focus

EU enlargement is becoming a geopolitical tool for securing borders and consolidating the continental bloc. This will likely also impact the Balkans, judging by...

EU Donates 174.6 Million Euros For Serbian Railways

The Government of Serbia and the European Investment Bank (EIB) have signed an agreement on the allocation of non-refundable...

American Ajay Banga The Only Candidate For The New President Of The World Bank

The U.S. candidate, Ajay Banga, an American of Indian origin, is the only one nominated to succeed the current...

Zoran Knežević Is The New President Of SANU

Academician Zoran Knežević was elected at the election session as the new president of the Serbian Academy of Sciences...

Minister Mali and Finnish Ambassador Lahdevirta Discuss  Implementation Of The Green Agenda

The Vice-President of the Government of the Republic of Serbia and Minister of Finance Sinisa Mali spoke with the...

Russian Diesel Exports On Track To Break Record Despite EU Sanctions

According to Bloomberg, Russian diesel exports are on track to hit a record this month despite European Union sanctions...

EU Donates 174.6 Million Euros For Serbian Railways

The Government of Serbia and the European Investment Bank (EIB) have signed an agreement on the allocation of non-refundable...

American Ajay Banga The Only Candidate For The New President Of The World Bank

The U.S. candidate, Ajay Banga, an American of Indian origin, is the only one nominated to succeed the current...

Zoran Knežević Is The New President Of SANU

Academician Zoran Knežević was elected at the election session as the new president of the Serbian Academy of Sciences...

Minister Mali and Finnish Ambassador Lahdevirta Discuss  Implementation Of The Green Agenda

The Vice-President of the Government of the Republic of Serbia and Minister of Finance Sinisa Mali spoke with the...

Russian Diesel Exports On Track To Break Record Despite EU Sanctions

According to Bloomberg, Russian diesel exports are on track to hit a record this month despite European Union sanctions...

EU Donates 174.6 Million Euros For Serbian Railways

The Government of Serbia and the European Investment Bank (EIB) have signed an agreement on the allocation of non-refundable...

American Ajay Banga The Only Candidate For The New President Of The World Bank

The U.S. candidate, Ajay Banga, an American of Indian origin, is the only one nominated to succeed the current...

Zoran Knežević Is The New President Of SANU

Academician Zoran Knežević was elected at the election session as the new president of the Serbian Academy of Sciences...

Minister Mali and Finnish Ambassador Lahdevirta Discuss  Implementation Of The Green Agenda

The Vice-President of the Government of the Republic of Serbia and Minister of Finance Sinisa Mali spoke with the...

Russian Diesel Exports On Track To Break Record Despite EU Sanctions

According to Bloomberg, Russian diesel exports are on track to hit a record this month despite European Union sanctions...
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