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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...

Miloš Turinski, PR Manager, Infostud

Unemployment Is A Thing Of The Past

The labour market has shortages in two directions. The first is certainly the it field, while the second encompasses semi-skilled occupations where the workers required for many positions are virtually non-existent. And this has led to the importing of labour, primarily from Asia and Africa. This situation is currently most noticeable when it comes to delivery services.

Over the past 10 years, under the influence of digitalisation, Serbia’s labour market has changed rapidly. Various situations and trends, but also new generations, impacted on the emergence of new occupations, but also the slow “die out” of old occupations. The situation with the pandemic has accelerated the digitalisation process even further, thus imposing mandatory qualifications that candidates are expected to possess, such as basic digital literacy.

On the other hand, the labour market that used to have a high level of unemployment now has shortages in two directions. The first is certainly the IT field, which has had a problem with personnel shortages for years, particularly mid-level and senior personnel, while the second direction encompasses semi-skilled occupations, such as crafts, where the workers required for many positions are virtually non-existent. Here we are mostly talking about construction and hospitality professions, but also jobs like car mechanics, plumbers, hairdressers and even warehouse workers.

A devastating statistic is that as many as 83% of respondents in a joint undpinfostud survey are considering moving abroad, though the positive aspect of this story is that only 23% of them are actively working on doing so

Such a situation has started leading employers to import labour, primarily from Asia and Africa, in order to meet their staffing needs. This situation is currently most noticeable when it comes to delivery services. In parallel with this, the IT industry is also turning to foreign countries in response to its inability to identify high-quality personnel (most commonly senior staff), so in recent years there has been ever more discussion of digital nomads as a potential solution. According to research conducted by the Digital Serbia Initiative, although Belgrade tops the list of European cities where digital nomads stay, it is necessary to work on creating better conditions to entice as many digital nomads as possible.

When it comes to circular migration, research conducted earlier this year by UNDP and Infostud, via a survey and analysis of job advertisements, yielded the devastating statistic that as many as 83% of respondents are considering moving abroad, though the positive aspect of this story is that only 23% of them are actively working on doing so. On the other hand, something that we can still see as a positive aspect is that young people stressed that they would only go abroad to study, after which they would return to apply all the knowledge they’ve acquired on our market. Most of those who would leave the country permanently are people who are already active on the Serbian labour market and have amassed more than 10 years of work experience.

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...

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...

Galenika Strengthens Market Position with New Strategic Partnerships

Galenika has significantly expanded its presence in the pharmaceutical sector by securing an exclusive distribution agreement with Cantabria Labs,...

HDZ Claims Victory in Croatian Elections but Lacks Majority

The Croatian Democratic Union (HDZ), the country's ruling party, emerged as the winner in Wednesday's parliamentary elections. Despite their...

Milšped Group Launches Direct Rail Line Between China and Serbia

Milšped Group, a leader in regional transportation and logistics, has announced a new partnership with Shijiazhuang International Land Port...

French Embassy and Institute in Serbia Launch ‘Rhythm of French Culture’ Event Series

The French Embassy and the French Institute in Serbia are organising an event called Rhythm of French Culture. This year,...

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...
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