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Live With Reforms

As well as witnessing the commencement of EU accession negotiations, 2016 will also bring the adoption of several new laws in Serbia in order to facilitate long-awaited, thorough and deep-rooted economic reform

The Serbian government has already warned that this year will be a difficult one, due to this reform, adding that this is a price that will have to be paid by the whole of society in order for it to progress.

Similar warnings were announced at the beginning of last year, while business conditions this year are far more challenging due to the parliamentary and local elections, the migrant crisis, an unstable European and global economy, terrorism and undefined international politics.

In this issue of the CorD, we have asked some of our most distinguished business leaders to comment on the operations of their companies in such complex conditions.

Gordana Brasic
GORDANA BRAŠIĆ, PRESIDENT AND HR DIRECTOR AT HENKEL SERBIA

Topic: Sustainable Business in the Existing Business Environment and Measures for Greater Efficiency

Leadership Based on Sustainable Development

Thanks to its commitment to sustainable development, the Henkel Company has achieved excellent results and maintained its leadership position successfully for many years. “To Achieve More with Less” is the idea at the core of Henkel’s sustainability strategy, which the company uses as a guideline for all its business processes and activities.


Jasmina Knezevic
JASMINA KNEŽEVIĆ, FOUNDER AND DIRECTOR OF BEL MEDIC

Topic: The most rational solution in terms of regulating private practices to the benefit of health workers, the state and patients

Health Insurance Reform Needed

Private medical practice is a very young sector. Until 1989, the laws of the former Yugoslavia did not allow private practice. Now, years later, there are around 1,500 private healthcare facilities (general hospitals, specialised hospitals, community health centres and polyclinics).


Jelena Pavlovic
JELENA PAVLOVIĆ, MANAGING DIRECTOR AT PHILIP MORRIS SEE

Topic: Export and production growth lead to the expansion of production and the creation of new jobs in Serbia

Record Export and Production, 200 New Workers Hired

Expanding production and focusing on export remain among Philip Morris’s strategic priorities, we more than doubled our export last year, while our export has increased fifteen-fold compared to five years ago. Back in 2010, we exported to just three countries, while by year’s end 2015 the products produced at our Niš factory were sold in over 60 countries. 


Nikola Vujacic
NIKOLA VUJAČIĆ, DIRECTOR OF OPERATIONS AND EXECUTIVE DIRECTOR OF VICTORIA GROUP

Topic: Agribusiness as an engine of regional development, and opportunities for Serbia to become a hub

Via Education and Efficiency to Greater Profit Margins

Agriculture and the food industry are among the key sectors for the development of the economies of Serbia and the region, as well as being sectors that can make us competitive on the global market. Serbia truly has sufficient abilities to become a regional leader, considering its huge agricultural potential. 


Dimitrije Knjeginjic
DIMITRIJE KNEGINJIĆ, CEO LAFARGE SRBIJA

Topic: Priorities and goals of the new Lafarge Holcim Group

Transforming Commercial and Market Approach

Lafarge Serbia is part of the Lafarge- Holcim Group, which was established in July 2015 following a merger between Lafarge and Holcim, the two leading building materials companies.

U.S. Presidential Election

How Will Trump’s Return Shape The World?

The global landscape is constantly shifting, and the re-election of Donald Trump as U.S. president for a second term signals potential new challenges, as...

Agriculture & Climate Change

Massive Adaptation Awaits Us

With climate change manifesting in such a pronounced way, we have every reason to comprehensively address options for sustainable and climate-smart agricultural development, though...

Education

Who Dares to Ignore Teachers?

Many countries are facing a problem of teacher shortages. However, unlike other states that are actively seeking to implement measures to entice new personnel,...

Lithium and Political Change

Mass Disaffection Needs to be Clearly Articulated

One rule that applies to all protests, including the latest lithium mining protests, is that any mass disaffection must be grounded in a clear...

EPS, Telekom, and NIS Lead Serbia’s Economy in 2023

Elektroprivreda Srbije (EPS) emerged as Serbia's most successful economic entity in 2023, achieving the highest profitability, revenues, and financial...

Mitarh Studio Unveils Visuals for Belgrade Aquarium

Architectural studio "Mitarh" has revealed visualizations for the planned Belgrade Aquarium, set to be built on the site of...

Giaufret and Konrad Visit Serbia’s First EPS Wind Farm

European Union and German ambassadors, Emanuele Giaufret and Anke Konrad, visited the construction site of the Kostolac wind farm alongside...

EIB Appoints Damien Sorrell as New Head of Regional Hub for the Western Balkans

The European Investment Bank (EIB Global) has appointed Damien Sorrell as the new Head of the Regional Hub for...

Kovačica Naive Art Added to UNESCO Intangible Cultural Heritage List

Kovačica naive art, an element of Serbia's intangible cultural heritage, has been inscribed on the UNESCO Representative List of...

EIB Appoints Damien Sorrell as New Head of Regional Hub for the Western Balkans

The European Investment Bank (EIB Global) has appointed Damien Sorrell as the new Head of the Regional Hub for...

Oxford Announces Word of the Year for 2024

After more than 37,000 votes, public discussions around the globe, and linguistic data analysis, Oxford has declared "brain rot"...

The Ritz-Carlton to Redefine Luxury in Belgrade

Belgrade is set to welcome one of the world’s most prestigious luxury hotel brands, The Ritz-Carlton, following the signing...

Robert Fico: Slovakia Will Never Betray Serbia on the Kosovo Issue

Slovakia and Serbia can rely on each other, and Slovakia respects Serbia’s territorial integrity and will never betray Serbia...

MFIC Highlights Modest Gains in Montenegro’s Business Climate with 2024 Recommendations

The Montenegrin Foreign Investors Council (MFIC) has released its White Book - Investment Climate in Montenegro 2024, highlighting a...