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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.

Will Serbia and other Western Balkan countries benefit from the global trends of nearshoring?

Risks & Opportunities

Many countries see their window of opportunity to bring more FDI home, as a result of the war in Ukraine and sanctions imposed against...

How will the Ukraine conflict impact on Serbia’s place in the international community?

Storm In The Backyard

Whenever and however the current conflict in Ukraine comes to an end, there’s no doubt that the Western Balkans and Serbia will be hit...

Who Really Makes Decisions In Serbia?

Always “Me”, Never “Us”

At a juncture when the debate over whether the opposition can force the current president into a second round of voting is heating up,...

Is Inflation Our Destiny (Again)?

He Who Sows Incorrectly Has Small Hope Of A Bountiful Harvest

This time around, inflation didn’t occur as a result of the excessive printing of dinars, unlike many of the previous periods of inflation that...

US And Global Banks Unveil Multi-billion Dollar Plan To Address Worldwide Food Crisis

The U.S., several global development banks and other groups unveiled a multi-billion dollar plan Wednesday meant to address a...

EU Commission Proposal Suggests Mandatory Solar Rooftops

The EU wants to increase its solar generation capacity in response to the invasion of Ukraine. The European Commission has...

Quarter Of Britons Resort To Skipping Meals

A quarter of Britons have resorted to skipping meals as inflationary pressures and a worsening food crisis conflate in...

French Companies Show Increased Interest In Investing In Serbia

The French Development Agency is showing increased interest in investing in Serbia, said H.E. Pierre Cochard the French ambassador...

Cannes Film Festival Opens With Zelenskiy Appeal To World Cinema

The Cannes Film Festival opened up Tuesday with crowded red carpet arrivals, a star-studded ceremony and a call from...

US And Global Banks Unveil Multi-billion Dollar Plan To Address Worldwide Food Crisis

The U.S., several global development banks and other groups unveiled a multi-billion dollar plan Wednesday meant to address a...

EU Commission Proposal Suggests Mandatory Solar Rooftops

The EU wants to increase its solar generation capacity in response to the invasion of Ukraine. The European Commission has...

Quarter Of Britons Resort To Skipping Meals

A quarter of Britons have resorted to skipping meals as inflationary pressures and a worsening food crisis conflate in...

French Companies Show Increased Interest In Investing In Serbia

The French Development Agency is showing increased interest in investing in Serbia, said H.E. Pierre Cochard the French ambassador...

Cannes Film Festival Opens With Zelenskiy Appeal To World Cinema

The Cannes Film Festival opened up Tuesday with crowded red carpet arrivals, a star-studded ceremony and a call from...