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Svetlana Smiljanić, member of the executive board of Wiener Städtische Insurance

Ready for Future Challenges

„It is advantageous to be part of a large family, especially one with such a long tradition, reputation and strength as VIG, which currently...

Bojana Perić, Ekostar Pak General Manager

Recycling is an Opportunity

In the 14 years since its founding, Ekostar Pak has gained the trust of more than 840 companies, with in excess of 798,000 tons...

Novomatic Serbia

Fusing Tradition and Innovation with a Future Vision

NOVOMATIC AG stands out as one of the leaders of the global gaming industry. Founded in 1980 by Professor Johann F. Graf in the...

Pinar Yalcinkaya, MPC Properties CEO

Driving Impact through Innovation and Service Excellence

At MPC Properties, we’ve concentrated on using strategic planning and innovation to maintain our position as industry leader in the commercial real estate sector,...

Miloš Škorić, Gorda Director

Gorda Unites and Connects

“For three decades, we have been working and creating something good – not just for the awards, but primarily for the emotion. We respect...

Jelena Bulatović, Executive Director Of The Serbian Association Of Managers, SAM

We Must Decide What Kind Of Migration We Want

Automation will increasingly be on the rise, not only as part of progress and advancement, but rather as a result of the need to resolve the shortages in some occupations. It is thus no exaggeration to say that we will have robots in the fields in the near future.

The Serbian labour market is suffering from the consequences of global trends. The brain drain is a global phenomenon that’s being faced by most countries around the world. From this region, young people want to go to the EU; from some European countries, young people want to go to the U.S. etc. Moreover, Serbia has unfavourable demographic trends, and demography impacts on the labour market and the economy, and vice versa. We have a low birth rate, high mortality and a high level of emigration, all of which impact negatively on the labour market.

We already have occupations that are in short supply, not only when it comes to highly qualified personnel in the field of IT, such as data scientists and data analysts, but also when it comes to jobs like traders, warehousemen, forklift drivers, as well as workers for various occupations in construction and agriculture. The cost of labour for these occupations is on the rise on the market, while the economy is turning to some other solutions when it comes to staff shortages, such as automation and the importing of labour, which are already evident on the market.

Switzerland tops the list of countries when it comes to innovation and global competitiveness, representing an excellent example of actively dealing with the brain drain topic

We are witnessing, for example, that we already have foreign workers in the construction sector, while automation will also increasingly be on the rise, not only as part of progress and advancement, but rather as a result of the need to resolve the shortages in some occupations. It is not a complete hyperbole to suggest that, for instance, if we don’t have enough workers for some jobs, say in agriculture, that we will have robots working in the fields in the near future.

Serbia must choose as a society the direction it wants to go when it comes to circular migrations. And that direction will determine whether we will import cheap labour or high-quality workers and digital nomads. We already have initiatives that encourage and ease the return of our diaspora to the country, and as a country we shouldn’t prevent young people who want to go abroad to study. Instead of that, we should create such a society that compels them, after a certain period of time there, to want to return to the country.

I’ve always found the example of Switzerland interesting, where they identified the brain drain problem 20 years ago and worked intensively to reverse the trend. Their model has shown that investing in innovative professions leads to faster economic development, the growth of competitiveness and improved living standards, and this ensures that the country has become more attractive for young and old to stay in or return to the country, while attracting other, high-quality workers from other countries. Switzerland tops the list of countries when it comes to innovation and global competitiveness, and I think it represents an excellent example of actively dealing with the brain drain topic. I would like us, as a country, to head in that direction and feel the positive effects of circular migrations.

By Mirko Dautović

Sailing Stormy Waters

The name of the next resident of the White House will matter a lot in terms of global politics. However, more importantly, the U.S....

Dr Jonel Subić, Ph.D., Director of the Institute of Agricultural Economics (IAE), Belgrade

Using Resources Intelligently

As is the case in many other areas, the greater participation of clean technologies and innovations, optimal use of resources and improving health conditions...

Danijela Božanić, meteorologist

We’re Lacking Plenty

Viewed globally, the state and availability of water resources is acknowledged as the sector hardest hit by climate change. The National Adaptation Programme (NAP)...

Dipl. Ecc. Vesna Nešković, International Relations Officer, Faculty of Agriculture, University of Novi Sad

Reaching Optimal Solutions through Research

Our response is the ClimaPannonia project, which tests climate-resilience solutions in four sectors of agriculture and scales them across the Pannonian Plain for broader...

Gender Equality as a Foundation for Successful Business

Strategic Partnership between Addiko Bank and Women on Boards Adria to Promote Gender Equality and Increase Women’s Representation on...

Serbia Leads Europe in Growth of Foreign Tourism Revenue

Serbia achieved the strongest increase in foreign tourism revenue in Europe, according to the latest quarterly report by the...

Office for IT and e-Government Introduces New eSeal Cloud Service

The Office for Information Technology and e-Government has introduced eSeal in the cloud, a new service that allows public...

Denmark Encourages Serbia on Its Path to EU Membership

The expansion of the European Union is one of the priorities for the coming period, stated Denmark's Minister for...

Czech Prime Minister Petr Fiala Opens Czech House in Belgrade

Czech Prime Minister Petr Fiala opened the Czech House in Belgrade during an official visit to Serbia, highlighting that...

Belgrade to Host Global Partnership on Artificial Intelligence Summit in December

Belgrade will host the major Global Partnership on Artificial Intelligence (GPAI) summit on December 3rd and 4th, where discussions...

Polish Prime Minister Donald Tusk: EU is not complete without Serbia

Poland supports Serbia’s European path, and the European Union is not complete without Serbia, stated Polish Prime Minister Donald...

Montenegro Bans Single-Use Plastics Under New Law

In accordance with the Waste Management Law, Montenegro has officially banned plastic bags and single-use plastics as of this...

Serbia Cuts Shadow Economy by Over a Quarter in a Decade, Driven by Digital Reforms

Over the past decade, Serbia has significantly reduced its shadow economy, lowering it from 29.1% to 21.1% of GDP,...

Claudia Sheinbaum Sworn In as Mexico’s First Female President

In a historic moment for Mexico, Claudia Sheinbaum has been sworn in as the country's first female president, marking...

Belgrade to Host Global Partnership on Artificial Intelligence Summit in December

Belgrade will host the major Global Partnership on Artificial Intelligence (GPAI) summit on December 3rd and 4th, where discussions...

Polish Prime Minister Donald Tusk: EU is not complete without Serbia

Poland supports Serbia’s European path, and the European Union is not complete without Serbia, stated Polish Prime Minister Donald...

Montenegro Bans Single-Use Plastics Under New Law

In accordance with the Waste Management Law, Montenegro has officially banned plastic bags and single-use plastics as of this...

Serbia Cuts Shadow Economy by Over a Quarter in a Decade, Driven by Digital Reforms

Over the past decade, Serbia has significantly reduced its shadow economy, lowering it from 29.1% to 21.1% of GDP,...

Claudia Sheinbaum Sworn In as Mexico’s First Female President

In a historic moment for Mexico, Claudia Sheinbaum has been sworn in as the country's first female president, marking...
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