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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...

H.E. Giles Norman, Ambassador Of Canada

Reaching To Our Better Selves

Optimism and energy are words that are almost never found in the same sentence these days, but, if we take a step back, Serbia’s energy situation is set to improve… and maybe quite a bit ~ Giles Norman

For all the horror being visited on their land, and on the cusp of a dark, hard, winter, the Ukrainian people’s spirit, resolve and tenacity provide reason for optimism. I am also optimistic that – during this season when we reach to our better selves – we will succeed in muffling the noise of ‘positions’ and ‘power politics’ and see people in their full humanity. People who are not so very different from our own parents, brothers, daughters, neighbours: people who hope and dream; people who wonder what tomorrow will bring. The words “optimism” and “energy” are almost never found in the same sentence these days, but, if we take a step back, Serbia’s energy situation is set to improve… and maybe quite a bit.

First, it has been made plain that no one can afford to put all their eggs in the Russian energy basket. Today, control of Serbia’s national oil company is in Russian hands, not Serbian. Serbia is today at the mercy of Russia for virtually all of its natural gas, and for the price it pays for it. This terrible energy insecurity and one-sided leverage has now been recognised for what it is, and the government is moving quickly to reduce this dependency. Serbians can thus be optimistic that, in the relatively short term, their country will be less beholden and vulnerable, and more independent and secure.

Second, Serbia also appears to be seizing the moment to jump-start the transition to cleaner energy sources. This brings a number of linked advantages, including greater national energy self-sufficiency, decreased reliance on declining coal reserves, and cleaner air, all while making a powerful positive contribution to the world as a whole. Behind the headlines of regional conflict, quiet, practical steps are being taken to build cooperation and integration between Western Balkan neighbours – through both the Open Balkan Initiative and the Common Regional Market / Berlin Process. Practical steps focused on delivering real benefits to citizens that create habits of cooperation and trust: what’s not to be optimistic about?

Successful Japanese Culinary Workshop Held in Belgrade

The Japanese Embassy, in collaboration with Go Sushi Ušće, hosted a Japanese food workshop in Belgrade, attracting culinary enthusiasts keen on mastering the art...

AstraZeneca Celebrates Inauguration of New Office in Belgrade and 25th Anniversary Milestone

AstraZeneca, a global leader in healthcare innovation, marked a historic moment with the grand opening of its new office in Belgrade. The event was...

French Embassy Launches Eco-municipality Contest in Serbia

The French Embassy in Serbia has announced the launch of the third "Eco-municipality" competition for sustainable cities, designed as a platform for dialogue and...

New ENEF II Fund to Propel Growth in Western Balkans

The European Bank for Reconstruction and Development (EBRD) has announced the introduction of the Enterprise Expansion Fund II (ENEF II), aimed at fostering the...

Scholz Champions Western Balkans’ Path to Membership

German Chancellor Olaf Scholz, in Slovenia, advocated for quickening the EU accession for the Western Balkans, underlining the importance...

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...

Scholz Champions Western Balkans’ Path to Membership

German Chancellor Olaf Scholz, in Slovenia, advocated for quickening the EU accession for the Western Balkans, underlining the importance...

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...

Scholz Champions Western Balkans’ Path to Membership

German Chancellor Olaf Scholz, in Slovenia, advocated for quickening the EU accession for the Western Balkans, underlining the importance...

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...
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