Foreign Chambers of Commerce’s letter to Minister Mali on ease for SMEs

Turkish Army Appoints Its First Female General

The Turkish army has appointed its first...

Ambassador Christopher Hill: We Want Serbia As Friend And Ally

The Ambassador of the United States of...

Swiss Army Airlifts Water To Thirsty Animals In Alpine Meadows

Swiss Army helicopters have been deployed to...

Record Number Of Serbian Tourists Vacation In Croatia

This year the number of guests from...

Belgrade Gets New Protected Sites

The Secretariat for Environmental Protection has announced that the process of placing under protection two new sites in Belgrade,...

US Senator Jeanne Shaheen: We Must Ensure That Serbia Continues Towards The West Path

Senator Jeanne Shaheen, who together with several colleagues recently presented a bipartisan bill on American support to the Western...

German Industry Plans To Cut Its Gas Consumption

German companies and public institutions should heat their offices to a maximum of 19 degrees Celsius this winter to...

Turkish Army Appoints Its First Female General

The Turkish army has appointed its first female general, it was announced in the country's Official Gazette. As reported...

Ambassador Of Japan Attends Ceremony Of The First Toyo Tires Delivery Manufactured In Indjija

Ambassador of Japan H.E. Katsumata attended the ceremony organized by the company Toyo Tires Serbia on the occasion of...

Due to the effects of the coronavirus outbreak on the country’s economy, affecting the functioning of the big majority of the SMEs, 12 foreign chambers of commerce signed the following letter that was sent to Minister of Finance Sinisa Mali.

Content of the letter:


The coronavirus pandemic has many consequences for public life, both from a health standpoint and from an economic and financial point of view.

Our bilateral organizations representing several thousand companies in Serbia have already received upsetting feedbacks from many of our members, especially SMEs.

Many SMEs are already impacted by the decline or total cessation of their activities and this trend will undoubtedly worsen in the coming weeks. These SMEs are the main job-creating companies in Serbia. They have established themselves in many business sectors, particularly in recent years, thanks to the significant improvement in the business climate.

The government of the Republic of Serbia and the National Bank of Serbia have already communicated on important measures which have been or will be implemented: maintenance of full salary in the event of telework during the state of emergency, reduction in the rate director of the NBS, a moratorium on the repayment of credits for 90 days… We welcome and thank you for these decisions.

Nonetheless, on behalf of our member companies present in Serbia which represent several hundreds of thousands of jobs, we consider that other measures must be taken urgently within the framework of a plan of support for the employees and the companies.
This plan should notably include:

– deferrals of tax and social charges for SMEs (such as decreasing lump sum tax obligation, relief of taxes and contributions on salary…),
– easier access to bank credits as well as direct support, in the form of a subsidy or repayable aid and liquidity guarantee schemes
We would also recommend special measures for hard-hit sectors (tourism and hospitality industry, cultural industry, international haulage…):
– cancelation of advance payment for corporate profit, and
– relief of taxes and contributions on salaries during the cessation of work
Many establishments are currently in great difficulty, having to ensure the payment of wages and social and fiscal charges while their activity has greatly reduced, or has even stopped, thus jeopardizing the maintenance of thousands of jobs.

Our bilateral chambers of commerce are at your disposal for any further information concerning the situation of our members.
Hoping that our letter will come to your understanding and approval,


Presidents of bilateral organizations in Serbia:
Dragoljub Damljanović, French-Serbian Chamber of Commerce
Ronald Zeliger, German-Serbian Chamber of Commerce
Hugo Van Veghel, Belgian-Serbian Business Association
David Landsman, British-Serbian Chamber of Commerce
Giorgio Marchegiani, Italo-Serbian Chamber of Commerce
Patrizio Dei Tos, Confindustria Serbia
Bojan Leković, Dutch-Serbian Economic Association
Stylianos Zakof, Hellenic Economic Association of Serbia
Marija Radulović, Croatian Business Club
Milan Brković, Polish-Serbian Business Association
Danijela Fišakov, Slovenian Business Club
Majo Mićović, Swiss-Serbian Chamber of Commerce

Related Articles

EU To Extend Digital Covid Certificate For Travel Until June 2023

As the current EU Digital Covid Certificate rules are set to expire on 30 June, the Committee on Civil Liberties, Justice and Home Affairs...

Farewell Party In Honor Of Ambassador Of Belgium Koenraad Adam

Belgian Serbian Business Association hosted a Belgian evening and a Farewell Party for outgoing Ambassador H.E. Koenraad Adam, who is departing Belgrade after completing...

International Conference On Energy In The Balkans

The necessity of faster regional networking, cooperation between private public sector, the challenges of the global crisis, perspectives that are still open in the...

WHO: Three Possible Scenarios For The Pandemic

The World Health Organization (WHO) has released an updated plan for Covid-19, describing three possible scenarios for how the pandemic may develop by the...

Anti-Vaccine Activists March In D.C. – City That Mandates Coronavirus Vaccination – To Protest Mandates

Thousands of protesters from across the country — including some of the biggest names in the anti-vaccination movement — descended on the nation’s capital Sunday for...

US Supreme Court Blocks Biden’s Workplace Vaccine Mandate

The US Supreme Court has blocked President Joe Biden's rule requiring workers at large companies to be vaccinated or masked and tested weekly. The justices...

Marija Radulović, President Of The Croatian Business Club

Fathers And Mothers Should Take Equal Care Of Their Children

Last year, the Croatian Business Club encouraged the use of parental leave by fathers as a contribution to fostering gender awareness A large body of...

Protests Against Covid Rules And Lockdowns Erupt Across Europe

Protests against fresh Covid-19 restrictions have rocked Europe over the weekend, with demonstrations breaking out in places such as Brussels, Vienna, Rome and Amsterdam. There...