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The Foreign Investors Council held its Regular Annual Assembly

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The Foreign Investors Council (FIC) held the regular annual session of the Assembly, electing the new Board of Directors, adopting the Annual and Financial Report for 2024 and discussing key priorities for upcoming period. The “Committee of the Year Award” was rewarded, this time to the FIC Financial Services Committee, as the most active committee in 2024.

The new FIC Board of Directors consists of the following officials: A1 Srbija d.o.o. Beograd CEO, Judit Kinga Albers, Alma Quattro, COO, Slobodan Srdanović, G4S Secure Solutions d.o.o. Managing Director, Dawid Sold, President & CEO Hemofarm Vršac, dr Ronald Seeliger, Corporate Affairs and Communications Director at JTI Adriatica Goran Pekez, Nestle Adriatic S doo Country Manager for Serbia, Montenegro and North Macedonia, Marjana Davidović, Raiffeisen banka a.d. Beograd Chairman of the Managing Board Zoran Petrović, Roche d.o.o. General Manager (Serbia & Montenegro) Ana Govedarica, SICPA Holding SA Switzerland Lausanne/UMQ Sustainable Smart Solutions, Founder & CEO, Marinko Ukropina, Strauss Adriatic d.o.o. General Manager, Siniša Daničić, and Yettel Srbija d.o.o CEO Mike Michel.

The institutional members of the FIC BoD (directors) EBRD and EIB for the Western Balkans, with headquarters in Belgrade, Serbia are not part of the election process.

In line with FIC Statute, at the first meeting of the Board of Directors following the elections, the newly elected Board will appoint the BoD president and two Vice Presidents (one Vice President as a President substitute and the other Vice president to be authorized to represent the FIC in public).

The intensification of negotiations with the EU on Serbia’s membership status remains a key priority for FIC Serbia to harmonize domestic regulations with European standards and reduce geopolitical risk for investments and foreign trade. In the upcoming period, the focus will be on the more effective implementation of adopted laws and other regulations; supply chain management, and aligning the Serbian economy with EU requirements; enhancing knowledge and skills, creating a comprehensive environment for HR development; accelerating digitization across all social and economic sectors; advancing the green transition, improving waste management, promoting ESG principles and regenerative agriculture, strengthening energy independence, and diversifying energy supply, etc. Besides, it is necessary to bring and keep inflation within the target corridor, optimize the fiscal burden to encourage investments and economic growth, reduce public expenditures, and complete the restructuring of infrastructure companies to sustain adequate fiscal deficit and public debt levels.

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The newly elected FIC Board of Directors thanked FIC members for their trust and support. They emphasized that, with a renewed team, FIC will intensify its efforts to advocate for faster reforms, improved implementation of laws, and alignment with EU regulations: “We are encouraged by the Government of the Republic of Serbia’s expressed commitment to strengthening cooperation through our joint Task Force with Serbian Government, which provides an outstanding platform for addressing and advancing progress on key issues critical to investors. This readiness for deeper collaboration underscores the importance of fostering a more efficient and predictable business environment,” the new FIC Board of Directors concluded.

Every year, the FIC Assembly is held with the support of our esteemed members. FIC members thank this year’s host, the Law Office Petrikić & Partners (CMS Belgrade), for their hospitality, support, and trust.

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