Sitemap

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...

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 of concerted corruption practices that include everyone – from the contractor, via supervision and ministry officials, all the way to the Presidency of Serbia itself

The collapse of the canopy of the building of the railway station in Novi Sad, which caused 17 casualties, including 15 deaths and two people left permanently disabled, revealed the devastating fact that priorities in Serbian construction are given to the economic effect of every position on the construction site and that no expert is responsible for the safety of buildings and the quality of works implemented. The selection of contractors and subcontractors is carried out according to the principle of agreement, despite the Law making it mandatory to conduct public tenders for all works financed from the budget of the Republic of Serbia. The way the works contractor for the reconstruction of the building of the railway station in Novi Sad was selected is a classic example of concerted corruption practices that include everyone – from the contractor, via oversight and ministry officials, all the way to the Presidency of Serbia itself.

Corruption has led to the Serbian construction industry losing all trust and to no one having confidence in the safety of buildings under construction

Corruption is also reflected in the fact that works on the reconstruction of the building had estimated costs of 3.5 million euros, while 16 million euros was spent. No less important is the fact that most construction workers on the building lacked appropriate professional training, which means that the quality of the work is very problematic in many positions.

The collapse of the building canopy at the railway station in Novi Sad should trigger inspection work, with more frequent and stricter controls of works and the quality of expert personnel engaged in infrastructure facilities, control of the method of selecting licensed contractors in terms of previous references, professional and technical capabilities for the execution of works that are the subject of financing, public tenders for all works financed from public revenues and the selection of oversight that engages experts with appropriate licenses and proven integrity in the profession. But also regular financial controls of construction documentation to prevent the kind of corruption that has reduced the Serbian construction sector to a branch of the economy in which all trust has been lost when it comes to the safety of buildings being constructed.

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...

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...

ProCredit Bank Clients Secure More Than Half of All Grant Funds from the Support Program for small enterprises

ProCredit Bank Serbia is one of eight banks and three leasing companies participating in the Support Program for small...

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...
spot_img