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Nicolas Marquier, Regional Manager for the Western Balkans at the 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...

Iosif Vangelatos, General Manager, Inos Balkan

Proud of Tripling Trade Volume

Inos Balkan already possessed extensive expertise in the recycling sector, with its collection and processing centres, while it has today transformed itself successfully to...

Aris Karousos, CEO of Eko Serbia

Drivers Know Why They Choose Eko

Two decades ago, when this company launched its operations in Serbia, the desire was for the EKO brand to become synonymous with reliability, quality...

Danilo Đurović, General Manager, Autotechnica Serbia – Hertz

Introducing Flex Drive

As part of the Autohellas Group, which has been the absolute leader of Greece’s automotive sector since 1974, Hertz is more than just a...

Nikos Veropoulos, Owner, Veropoulos

Super Vero, Super Successful

For two decades already, company Veropoulos has been known on our market for its unique offer and high-quality products at promotional prices, but also...

Nenad Grmusa, SVP, Head Of Takeda’s Center For External Innovation

Self Confidence Is Key

For me, the experience of studying in the U.S. was decisive in me gaining self-confidence, and that forms the basis for a person to feel the strength and motivation to change the world for the better.

Serbia is a country that has a lot of potential when it comes to innovation, admittedly like any other country in the world. We have a long history of innovation, from Tesla and Pupin onwards. Innovation is born in various forms: in sports, science, business, etc. Novak Đoković is an innovator – he revolutionized tennis with his speed of shifting movement from shot to shot. He is today studied and copied by younger generations. Branko Babić, the founder of PhiBrows, is an innovator, and he’s here in Serbia. He can provide a lot of advice on this topic. Just like Mate Rimac in Croatia.

Firstly, I think the key is in the ambition to change the world, to leave our mark on humanity, to ensure our children have the self-confidence to feel that they can do it. Nothing motivates people more than the opportunity to make an “impact,” to change the world for the better; to offer something that’s differentiated, better than what exists, and that’s in high demand. For children to have a passion for what they choose to do, for them to have the ambition to be “worldly.” And to believe they can do so. Novak and Branko are good examples of that.

Secondly, it would be good for our successful, wealthy people to invest as venture capitalists in new companies devised and pushed by kids. That would help those children become “worldly” with the provision of capital, advice, and their own connections.

Thirdly, the education system should also be transformed into one that instills a sense of self-confidence in people, and not the other way around, as it has been to date, filtering children from elementary school onwards. For instance, I only gained academic self-confidence in America. Growing up in Novi Sad, in our education system, I thought I was extremely limited. I’m sure that every person can be successful, and an innovator – they just have to sufficiently interested in something. People today spend their entire lives learning, and you never know when a window of genius will open up for someone. So, the education system must be adapted to shape people who have the agility to learn, and new quality will emerge from that. America has nothing special to offer when it comes to innovation models, other than the three things that I’ve just listed.

Nelt Partners with EUSPA on SPATRA Project to Enhance Transport via Satellite Tech

Nelt has announced its participation in the SPATRA project, a collaborative initiative with the European Union Agency for the Space Programme (EUSPA) to revolutionize...

Belgrade University Partners with CERN on Future Circular Collider Project

The University of Belgrade has officially become part of CERN's largest scientific endeavor, the Future Circular Collider (FCC) project, through a Memorandum of Understanding...

China Surpasses the US in International Patent Filings

In a landmark shift that underscores the rapidly evolving landscape of global innovation, China has for the first time significantly outpaced the United States...

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Census Results Cause Concern

The Ministry of Education claims to be exerting ongoing efforts to reform education, but census results indicate the need for more work. The “Platform...

CEB Grants €1.3 Billion Loans to Boost Social Sectors in 11 Countries

The Council of Europe Development Bank (CEB) has sanctioned loans totaling €1.3 billion for 11 member countries, including Serbia...

Serbia Advances in Renewable Energy with Pupin Wind Park Financing

In a significant stride towards renewable energy adoption, Serbia has finalized the financial arrangements for the Pupin Wind Park,...

Đedović Handanović: Nuclear Energy in Serbia by 2039 at the Earliest

Nuclear energy in Serbia could become a reality by 2039 at the earliest, should work on the project commence...

Belgrade’s Hotel Jugoslavija Sold, Sparks Redevelopment Controversy

Belgrade's iconic Hotel Jugoslavija, located in Serbia's capital, has been sold for approximately €27 million to MV Investment, affiliated...

Bosnia and Herzegovina Kickstarts EU Membership Talks

Bosnia and Herzegovina has initiated accession negotiations with the European Union, a development hailed as a pivotal advancement for...

CEB Grants €1.3 Billion Loans to Boost Social Sectors in 11 Countries

The Council of Europe Development Bank (CEB) has sanctioned loans totaling €1.3 billion for 11 member countries, including Serbia...

Belgrade University Partners with CERN on Future Circular Collider Project

The University of Belgrade has officially become part of CERN's largest scientific endeavor, the Future Circular Collider (FCC) project,...

Kushner Eyes Balkan Luxury Developments in Serbia and Albania

Jared Kushner, closely related to former U.S. President Donald Trump as his son-in-law, is turning his attention to the...

European Parliament Passes Groundbreaking AI Law

The European Parliament has adopted the Artificial Intelligence (AI) Act, aiming to safeguard fundamental rights, democracy, the rule of...

European Parliament Members Endorse Western Balkan Reform and Growth Instrument

Members of the European Parliament's committees on foreign affairs and budget have officially adopted a stance on the Western...

CEB Grants €1.3 Billion Loans to Boost Social Sectors in 11 Countries

The Council of Europe Development Bank (CEB) has sanctioned loans totaling €1.3 billion for 11 member countries, including Serbia...

Belgrade University Partners with CERN on Future Circular Collider Project

The University of Belgrade has officially become part of CERN's largest scientific endeavor, the Future Circular Collider (FCC) project,...

Kushner Eyes Balkan Luxury Developments in Serbia and Albania

Jared Kushner, closely related to former U.S. President Donald Trump as his son-in-law, is turning his attention to the...

European Parliament Passes Groundbreaking AI Law

The European Parliament has adopted the Artificial Intelligence (AI) Act, aiming to safeguard fundamental rights, democracy, the rule of...

European Parliament Members Endorse Western Balkan Reform and Growth Instrument

Members of the European Parliament's committees on foreign affairs and budget have officially adopted a stance on the Western...
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