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Zoran Marinković, CEO, ZWEBB Fintech

Fintech Brings Prosperity

Much has changed in terms of Fintech’s positioning in Serbia and the region, but still not enough, says ZWEBB Fintech CEO Zoran Marinković We spoke...

Ivan Đolić, BE-terna Managing Director

BE-terna Provides the Tools for Success

In an era in which digital transformation, AI and analytics are shaping the future of business, BE-terna remains committed to developing solutions that deliver...

Rajka Šinik Vulić, Director of RBS Belgrade

Shaping the Future of Business Education

RBS Belgrade has established itself as a key player in the development of business education around the region, offering high-quality programmes that are recognised...

Erich Cossutta, President of the Danubia Group

Leading Sustainability and Digitalisation in Transport

Companies Dragon Maritime, Log Max and Kombi Pro have now been operating for a full year under the umbrella of the Danubia Group, which...

Milen Janjić, CEO, Intellya

IT Maturity on the Rise

Our eight years of work has resulted in a suite of platforms: AI CORE, the foundation of our development; Weaver, a conversational platform; and...

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.

By Slobodan G. Markovich, Faculty of Political Science, Belgrade

Winter of Zoomer Discontent

It was back in 2019 that American actor Harrison Ford gave his famous climate change speech at the UN, in which he praised young...

Aleksandra Koneski, architect

Depoliticisation & Professionalisation

The key factor in respecting construction standards and procedures is the removal of political influence over the profession and the protection of engineers who...

Vladimir Obradović, Faculty of Organizational Sciences

Benefitting Investors and Sabotaging Safety

A lack of adequate regulation and public control provides fertile ground for corruption, which inevitably results in higher costs and lower quality, to the...

Zoran Đajić, geological engineer

United in Corruption

The way the works contractor for the reconstruction of the building of the railway station in Novi Sad was selected is a classic example...

Carlsberg Rejoins UEFA’s Global Stage

Carlsberg's return to the European football scene marks a new chapter in its decades-long commitment to the sport, as...

EU Summit Discusses Western Balkans Integration

The European Council summit held in Brussels on March 20, 2025, placed a strong emphasis on the integration of...

Business Forum Strengthens Economic Ties Between Serbia and China

On March 20th, the Serbian Chamber of Commerce hosted a significant Business Forum and a series of bilateral meetings...

Norwegian Fund Acquires 25% of Covent Garden

In a strategic show of confidence in London's commercial heart, Norway’s sovereign wealth fund secures a quarter stake in...

ECB Cuts Interest Rates Amid Trade Uncertainty

In a move aimed at supporting Europe’s economy, the European Central Bank (ECB) has announced a series of interest...

Carlsberg Rejoins UEFA’s Global Stage

Carlsberg's return to the European football scene marks a new chapter in its decades-long commitment to the sport, as...

EU Summit Discusses Western Balkans Integration

The European Council summit held in Brussels on March 20, 2025, placed a strong emphasis on the integration of...

ECB Cuts Interest Rates Amid Trade Uncertainty

In a move aimed at supporting Europe’s economy, the European Central Bank (ECB) has announced a series of interest...

EU’s ETIAS Travel System Delayed Again

The EU's long-awaited ETIAS system, set to impose new travel rules for Schengen zone entry, faces yet another delay....

France Dominates Europe’s Startup Ecosystem in 2024

France's strategic policies and inclusive ecosystem continue to set the gold standard for European startups, securing its top spot...

Carlsberg Rejoins UEFA’s Global Stage

Carlsberg's return to the European football scene marks a new chapter in its decades-long commitment to the sport, as...

EU Summit Discusses Western Balkans Integration

The European Council summit held in Brussels on March 20, 2025, placed a strong emphasis on the integration of...

ECB Cuts Interest Rates Amid Trade Uncertainty

In a move aimed at supporting Europe’s economy, the European Central Bank (ECB) has announced a series of interest...

EU’s ETIAS Travel System Delayed Again

The EU's long-awaited ETIAS system, set to impose new travel rules for Schengen zone entry, faces yet another delay....

France Dominates Europe’s Startup Ecosystem in 2024

France's strategic policies and inclusive ecosystem continue to set the gold standard for European startups, securing its top spot...
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