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Emil Sovilj CEO, Energotehna d.o.o.

Building the Energy of the Future

“I believe that by consolidating the capital of domestic, smaller yet reputable companies, we could once again establish a strong reputation as reliable builders,...

Stanislava Petković, General Director of Vista Rica

A Pioneer in Opening New Investment Opportunities for the Economy

The investment market in Serbia is undergoing a transformation, with alternative investment funds attracting increasing attention from domestic investors In this interview for CorD, Stanislava...

Miloš Jauković, CEO, Dr. Max Serbia

Making Healthcare Accessible to All

Dr. Max Group and Dr. Max Serbia are leaders in providing comprehensive and timely services to patients, with highly ambitious plans for the company’s...

Milorad Stojanović and Darko Šehović, Data Cloud Technology (DCT)

Comprehensive Solutions for Digital Transformation

In today’s dynamic digital landscape, companies face increasing challenges related to IT infrastructure, data security, and business continuity. Data Cloud Technology (DCT) has positioned...

Goran Medić, Director, INOVA-Geoinformatika

INNOVAtion is a Key Part of Our Identity

The advanced and innovative solutions of INOVA, best known for its TeleCAD-GIS and INOVA GIS platform, are applied not only in telecommunications but also...

Miloš Turinski, PR Manager, Infostud

Unemployment Is A Thing Of The Past

The labour market has shortages in two directions. The first is certainly the it field, while the second encompasses semi-skilled occupations where the workers required for many positions are virtually non-existent. And this has led to the importing of labour, primarily from Asia and Africa. This situation is currently most noticeable when it comes to delivery services.

Over the past 10 years, under the influence of digitalisation, Serbia’s labour market has changed rapidly. Various situations and trends, but also new generations, impacted on the emergence of new occupations, but also the slow “die out” of old occupations. The situation with the pandemic has accelerated the digitalisation process even further, thus imposing mandatory qualifications that candidates are expected to possess, such as basic digital literacy.

On the other hand, the labour market that used to have a high level of unemployment now has shortages in two directions. The first is certainly the IT field, which has had a problem with personnel shortages for years, particularly mid-level and senior personnel, while the second direction encompasses semi-skilled occupations, such as crafts, where the workers required for many positions are virtually non-existent. Here we are mostly talking about construction and hospitality professions, but also jobs like car mechanics, plumbers, hairdressers and even warehouse workers.

A devastating statistic is that as many as 83% of respondents in a joint undpinfostud survey are considering moving abroad, though the positive aspect of this story is that only 23% of them are actively working on doing so

Such a situation has started leading employers to import labour, primarily from Asia and Africa, in order to meet their staffing needs. This situation is currently most noticeable when it comes to delivery services. In parallel with this, the IT industry is also turning to foreign countries in response to its inability to identify high-quality personnel (most commonly senior staff), so in recent years there has been ever more discussion of digital nomads as a potential solution. According to research conducted by the Digital Serbia Initiative, although Belgrade tops the list of European cities where digital nomads stay, it is necessary to work on creating better conditions to entice as many digital nomads as possible.

When it comes to circular migration, research conducted earlier this year by UNDP and Infostud, via a survey and analysis of job advertisements, yielded the devastating statistic that as many as 83% of respondents are considering moving abroad, though the positive aspect of this story is that only 23% of them are actively working on doing so. On the other hand, something that we can still see as a positive aspect is that young people stressed that they would only go abroad to study, after which they would return to apply all the knowledge they’ve acquired on our market. Most of those who would leave the country permanently are people who are already active on the Serbian labour market and have amassed more than 10 years of work experience.

Comment By Zoran Panović

Students & Vučić

The largest mass gathering in the history of Belgrade demystified the myth of the so-called critical mass, because it doesn’t have to mean anything...

Aleksandar Vlahović, President of the Serbian Association of Economists

A Lack of Quality Institutions Reaches Boiling Point

The resignation of Prime Minister Vučević represents a precedent in Serbia’s political life, marking the consequences of a deep political crisis, the resolution of...

Goran Radosavljević, Ph.D. Vice-Dean for Research and Director of the FEFA Institute

Bad and Good News

Although the political crisis threatens the economy over the short term, meeting protestors’ demands for stronger institutions and the fight against corruption could stimulate...

Pavle Petrović, economist, former president of the Fiscal Council and a member of the Serbian Academy of Sciences and Arts (SANU)

Time for a U-turn in Serbia?

The prime minister’s resignation, prompted by mass protests, may open a window for Serbia to shift from state-led cronyism to an entrepreneurial model grounded...

EC Welcomes Serbia’s New Government, Emphasizes Commitment to EU Path

The European Commission has welcomed the appointment of Serbia's new government under Prime Minister Đuro Macut, highlighting the importance...

Serbia’s Living Pavilion Blooms in Osaka

At the official opening of Serbia’s pavilion at EXPO 2025 Osaka, Commissioner Žarko Malinović stated that Serbia was proud...

Automation, Migration and Labour Shortages – A European Perspective

As Europe grapples with persistent labour shortages across key sectors, new research underscores how both automation and migration have...

Croatia and Serbia’s RETFOR Project

In a bold step towards tackling climate change through cross-border cooperation, the RETFOR project was launched as part of...

China Responds to New US Tariffs with 25% Levy on American Goods

Beijing has announced a 25% tariff on certain imports from the United States, following Washington's decision to impose new...

Serbia’s Living Pavilion Blooms in Osaka

At the official opening of Serbia’s pavilion at EXPO 2025 Osaka, Commissioner Žarko Malinović stated that Serbia was proud...

Automation, Migration and Labour Shortages – A European Perspective

As Europe grapples with persistent labour shortages across key sectors, new research underscores how both automation and migration have...

Croatia and Serbia’s RETFOR Project

In a bold step towards tackling climate change through cross-border cooperation, the RETFOR project was launched as part of...

China Responds to New US Tariffs with 25% Levy on American Goods

Beijing has announced a 25% tariff on certain imports from the United States, following Washington's decision to impose new...

EU launches Call for private investment in the Western Balkans to drive economic growth and boost EU integration

At the ADRIA Summit 2025 in Montenegro, today the European Union announced a Call for Expressions of Interest to...

Serbia’s Living Pavilion Blooms in Osaka

At the official opening of Serbia’s pavilion at EXPO 2025 Osaka, Commissioner Žarko Malinović stated that Serbia was proud...

Automation, Migration and Labour Shortages – A European Perspective

As Europe grapples with persistent labour shortages across key sectors, new research underscores how both automation and migration have...

Croatia and Serbia’s RETFOR Project

In a bold step towards tackling climate change through cross-border cooperation, the RETFOR project was launched as part of...

China Responds to New US Tariffs with 25% Levy on American Goods

Beijing has announced a 25% tariff on certain imports from the United States, following Washington's decision to impose new...

EU launches Call for private investment in the Western Balkans to drive economic growth and boost EU integration

At the ADRIA Summit 2025 in Montenegro, today the European Union announced a Call for Expressions of Interest to...
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