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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. Joost Reintjes, Ambassador Of The Netherlands

Serbia To Align With The EU

Economic ties between the Netherlands and Serbia give us enough reason to be optimistic. Our bilateral trade has been growing consistently, at about 20%, and shows no signs of slowing down, despite a complex global situation ~ Joost Reintjes

In this particularly difficult global situation, in which democratic values are under attack, it is important to seeks solutions jointly. The European Union imposed sanctions on Russia in response to the Russian invasion of Ukraine. A country that aspires to EU membership, like Serbia, is expected to align its policies with the EU. Progressive alignment with the EU’s foreign policy is not a new condition and is part of the negotiation framework. When it comes to EU integration, economic relations play a very significant part. Economic ties between the Netherlands and Serbia give us enough reason to be optimistic. Our bilateral trade has been growing consistently, at about 20%, and shows no signs of slowing down, despite a complex global situation. In fact, provisional figures for 2022 indicate a 30% increase in bilateral trade, reaching almost a billion euros in the first ten months of the year. It is my expectation that the positive experiences of Dutch companies operating in Serbia will serve as a calling card for other companies to test out the market.

Furthermore, Dutch companies are very much ingrained in Serbia’s everyday life. With around 500 businesses employing almost 20,000 people in a variety of sectors, Dutch companies include household names that almost every Serbian knows and uses, including Ahold-Delhaize (Maxi/Tempo), KLM, Philips, Kupujem-Prodajem, Heineken, but also small vibrant businesses providing consultancy services, furniture manufacturing, urban greening and sustainable agriculture. These economic interactions between our two countries help to increase people-to-people contacts. However, it is not only through economic ties that our two countries are getting to know each other better. I meet many people that have studied or lived in the Netherlands for all kinds of reasons: a personal highlight for me was meeting Dušan Tadić, captain of your national football team and Amsterdam’s Ajax. Mutual understanding doesn’t come only through shared successes, but also through shared challenges. Serbia can do more to safeguard media freedom and the safety of journalists. A responsible and pluralistic media forms part of the necessary checks and balances in a democratic system. Also in 2023, the Netherlands embassy will be working with government and civil society to help implement the reforms needed to protect democratic values like freedom of expression and the rule of law.

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...

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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