Articles In This Issue
Business
The Foreign Investors Council held its Regular Annual Assembly
The Foreign Investors Council (FIC) held the regular annual session of the Assembly, adopting the Annual and Financial Reports for 2023. In his opening...
Video
FIC White Book 2023
The Council of Foreign Investors (FIC) presented the “White Book 2023”, which contains 397 recommendations for improving the business and investment climate in Serbia....
Business News
FIC Presented the White Book 2023
The Council of Foreign Investors (FIC) presented the "White Book 2023", which contains 397 recommendations for improving the business and investment climate in Serbia,...
Business News
Regenerative Agriculture: Key to Serbia’s Future and Response to Climate Change
The inaugural conference on regenerative agriculture has been held today in Belgrade, organized by FIC Serbia in collaboration with the EBRD.
Despite the familiar...
FIC
Comment
New Approaches Reinforce Economic Growth
Announced easing inflation and faster economic growth hints at the possible accelerating of economic activity. This in turn creates room for the Government of...
FIC
Mike Michel, President Of The Foreign Investors Council And CEO Of Yettel
Serbia Should Return To Investment-led Growth
The FIC advocates for Serbia to pursue investment-led growth, aiming for a 25% share of investments in GDP to achieve a sustainable annual growth...
FIC
Jorgovanka Tabaković, Governor Of The National Bank Of Serbia
Combating Inflation Is A Priority
We believe that FDI inflows will reach around four billion euros by year’s end. This is good news, as it shows that investors recognise...
FIC
Emanuele Giaufret, Head Of The EU Delegation To Serbia
More Rule Of Law Means More Investment
The more reliable a country’s court system is, and the more corruption is being curbed and organised crime tackled, the more willing one is...
FIC
Mihailo Jovanović, Minister Of Information And Telecommunications
Knowledge Is Our Strength
Digital Serbia’s place is in a digital Europe, and this is best illustrated by the results we’ve achieved over the past six years. We...
FIC
Tomislav Momirović, Minister Of Internal And Foreign Trade
A Shared Future Awaits The Region
There can be no successful European integration for our region if we, as neighbours in the Balkans, don’t first integrate in an economic sense....
FIC
Jelena Begović, Minister Of Science, Technological Development And Innovation
Human Capital Is The Foundation Of Development
We believe that the future BIO4 ecosystem will help with the growth of GDP, the reducing of unemployment and the attracting of experts from...
FIC
Nicola Pontara, World Bank Country Manager For Serbia
Serbia Has The Potential To Accelerate Growth
Serbia’s potential for accelerated growth lies in enhancing its public institutions and governance, investing in human capital development to increase productivity, promoting regional integration...
FIC
Alessandro Bragonzi, Head Of The EIB Regional Representation For The Western Balkans
Opportunities To Be Embraced
Amid the current challenges, Serbia can benefit further by using the impetus of nearshoring to move ahead with reforms within the accession process, scale...
FIC
Yulia Ustyugova, IMF Resident Representative For Serbia
Geopolitical Stability & Nearshoring Could Boost Serbia’s FDI
Solving geopolitical tensions, some of which are not within Serbia’s control, would support and strengthen foreign direct investment (FDI). Additionally, the ongoing trend of...
FIC
Matteo Colangeli, EBRD Director For The Western Balkans
Achieving EU Income Levels Is Possible
The EBRD expects Serbia’s GDP to increase by around two per cent this year and 3.5 per cent in 2024. A much faster growth...
FIC
Dragana Marković, Director Of The Tax Administration Of Serbia
Digitalisation And Transformation To Combat The Grey Economy
The Tax Administration confirms, with all of its activities, that is plays one of the pivotal roles in the fight against the grey economy...
FIC
Ana Govedarica, FIC Vice President And Spokesperson (Roche General Manager)
Through Dialogue To New Legal Solutions
The inclusion of relevant experts and interest groups in the process of adopting legal regulations is important to overcoming the challenges posed by the...
FIC
Dejan Turk, FIC Vice President (CEO Of A1 Srbija And A1 Slovenija)
Unrestricted Development For New Technology
We hope that preparations for maintaining the network, as well as the actual auction for allocating the right to use 5G network radio frequency...
FIC
Aleksandar Ljubić, Executive Director Of The Foreign Investors Council
Dedicated To EU Integration
We are conscious of the fact that it is only through partnership relations and an open dialogue that is it possible to reach the...
FIC
Dragan Penezić, Co-president Of The FIC Anti-illicit Trade & Food Committee (British American Tobacco SEE d.o.o. Beograd)
Coordinated Work Of State Services Essential
It is important to connect all inspection services in the period ahead and establish functionality for exchanging information between the Tax Administration and Customs...
FIC
Dragana Stikić, Co-president Of The FIC Anti-illicit Trade & Food Committee (Nestlé Adriatic S d.o.o.)
Better Harmonisation With Eu Regulations
Tangible progress in harmonising Serbian legislation with the European acquis in the domain of food requires the revision of the existing Law on Food...
FIC
Daniel Šušnjar, President Of The FIC Telecommunications & Digital Economy Committee (Yettel d.o.o.)
Regulations On Installing Base Stations Require Revision
We see regulatory barriers that are hindering the construction of digital (telecommunications) infrastructure as a major obstacle to the further digitalisation of society. Specifically,...
FIC
Dušan Lalić, Co-president Of The FIC Financial Services Committee (Generali Osiguranje Srbija a.d.o.)
Improved Legal Framework For The Insurance Sector
We suggest the adoption of a special law to regulate insurance contracts, the easing of the concluding of insurance policies, the promoting of mediation...
FIC
Danilo Mrvaljević, Co-president Of The FIC Financial Services Committee (Banca Intesa a.d. Beograd)
Continuing Digitalisation
In the continuation of the process of digitalising financial services, it is necessary to further expand the possibility of making the traditional range of...
FIC
Milena Jakšić Papac, President Of The FIC Human Resources Committee (Karanović & Partners o.a.d.)
Long-awaited Changes To Labour Regulations
After a lengthy interlude in legislative activity related to labour regulations, 2023 has brought long-announced changes in the areas of health and safety at...
FIC
Mario Kijanović, President Of The FIC Infrastructure And Real Estate Committee
Supporting Real Estate Cadastre Reform
The focus of the committee over the period ahead will be on supporting and increasing its engagement in reforming the role of the Real...
FIC
Marko Ćulafić, President Of The FIC Legal Committee (Karanovic & Partners)
Swifter Harmonisation With The European Framework
Laws are being continuously adopted and amended in Serbia in an effort to harmonise the domestic regulatory framework with that of Europe, but there...
FIC
Radomir Cerović, President Of The FIC Pharma Industry Committee (Roche d.o.o.)
Good Practices Need To Continue
It is essential for our committee to maintain constant communication with the Ministry of Finance in the period ahead, in order for each year’s...
FIC
Dragan Drača, President Of The Fic Taxation Commit TEE (Pricewaterhousecoopers)
Significant Modernisation Of The Tax Administration
The digital transformation of the Tax Administration has proven to be very successful, but also demanding for taxpayers. It would be good to speed...
FIC
Zafiris Lampadaridis, President Of The FIC Tourism & Hospitality Committee (Hyatt Regency Belgrade)
Important Momentum For Strategic Positioning
The FIC played a key role in creating the new Tourism Development Strategy, and effective implementation – primarily by the public sector – is...
FIC
Vlastimir Vuković, Chief Executive Officer Of NLB Komercijalna Banka
Faster, More Efficient, And Closer To Clients
NLB Komercijalna Banka has defended its market leader position in the area of agricultural loans and in providing unconditional support to farmers. The economy...
FIC
Huawei Technologies d.o.o.
Innovative Storage Also Combats Ransomware
In the increasingly intricate landscape of security concerns, Huawei has stepped up with an ingenious solution that represents a cornerstone in the fight against...
FIC
OTP Banka Srbija
Commitment To Excellence
In the dynamic landscape of the Serbian banking scene, one institution stands out as a beacon of excellence and innovation: OTP banka Srbija. As...
FIC
Marijanti Babić, Country Head At Rio Tinto, Project Jadar
Jadar Is An Exceptional Project
Serbia’s Jadar Valley is home to a high-quality deposit of lithium – a metal that’s critical to the global transition to a more sustainable...
FIC
Ivanka Stojnić, Sustainability Manager For The Southeast European Market At Nestlé
Regenerative Agriculture As A Key Sustainable Practice
Nestlé Serbia, as the first Nestlé company in the region, has begun applying regenerative agriculture practices and continues to expand the number of domestic...
FIC
Iosif Vangelatos, General Manager, Inos Balkan
End Users Demand Green Products
Inos Balkan, as a part of the Viohalco Group, monitors regulatory framework and technology developments closely and integrates them into its business operations, because...
FIC
Miljan Milević, Managing Director, SGS
Reliable Partner Of The Serbian Government
SGS, a global leader in control, verification, testing and certification services, has for ten years been a reliable partner of the Government of Serbia...
FIC
Banka Intesa
Connecting Buyers And Suppliers Regionally
Intesa Sanpaolo launches international factoring platform in Serbia
Relying on the international experience and expertise of the parent Intesa Sanpaolo Group, Banca Intesa pays special...
FIC
Milan Samardžić, Partner And Founder At SOG In Cooperation With Kinstellar
Unified To Comprise A Top Legal Team
Behind the unusual name of this newly founded firm – SOG in cooperation with Kinstellar – stands a new brand on the market of...
FIC
Miloš Velimirović, Managing Partner At SOG In Cooperation With Kinstellar
Integration Result Exceeds A Simple Sum
The merging of two firms with very similar business cultures led to the multiplying of what SOG had at the local level and what...
FIC
Dejan Majić, General Manager, Mama Shelter Belgrade
Faithful To The Mama Shelter Style
Mama Shelter is recording growth in guest numbers year on year, thanks to its unique interiors, top selection of delicious food and various drinks,...
Guide to Foreign Investors Council 2019/20
Partner for Growth, Contribution of Foreign Investors to Serbia's Economic Development
Foreign Investors Council 2018/2019
Partner For Growth - Contribution Of Foreign Investors To Serbia's Economic Development
Foreign Investors Council 2017
First 15 Years Promoting Sustainable Business Environment
Foreign Investors Council in Serbia 2016/17
Foreign Investors Council annual publication prepared in collaboration with the CorD publisher AIM for the 10th consecutive year
Foreign Investors Council: Reality Check Conference 2015
Reality Check Conference, May 7, 2015, Hyatt Regency Belgrade - Open Discussion between foreign investors and the Authorities -
Foreign Investors Council in Serbia 2014/15
Guide to Foreign Investors Council in Serbia 2014/15
Foreign Investors Council 2013
Guide to Foreign Investors Council 2013/14
EU Council Approves Instrument for Reform and Growth in Western Balkans
On 7 May 2024, the EU Council approved the Instrument for Reform and Growth in the Western Balkans, a...
Slovenia to Outpace Italy in Economic Power by 2029
Projected by the International Monetary Fund (IMF) to rise significantly in economic stature, Slovenia is set to surpass Italy...
Momentum For Change
The second annual ESG Adria Summit was held in Tivat, Montenegro, under the theme “Act now for a sustainable...
Serbia to Receive €1.63 Billion in EU Funding for Western Balkans Growth Plan
Serbia is set to receive €1.63 billion as part of the new Western Balkans growth plan over the next...
Chinese President Xi Jinping to Embark on Official Visit to Serbia
The press office of Serbian President Aleksandar Vucic announced that Chinese President Xi Jinping will be visiting Serbia on...