Articles In This Issue
Video
FIC Serbia Marks 20 Years of Operations
The Foreign Investors Council in Serbia (FIC) marked 20 years of operations with a ceremony held at Hyatt hotel... Read more
Business News
Foreign Investors Council In Serbia Celebrates Its 20th Anniversary
The Foreign Investors Council in Serbia (FIC) marked 20 years of operations with a ceremony held at Hyatt hotel.
At the event awards for cooperation...
Business News
Foreign Investors Council Presented The White Book 2022
In the year when the Foreign Investors Council (FIC) marks the 20th anniversary of its establishment and operation, the "White Book 2022" was presented...
Business News
FIC Autumn Networking Cocktail
FIC Serbia and its distinguished member Karanovic & Partners organized the second FIC networking cocktail this year.
The Executive Director of the Council, Aleksandar Ljubić, thanked Karanovic &...
Video
FIC Networking Cocktail
FIC Serbia and its distinguished member Karanovic & Partners organized the second FIC networking cocktail this year. Read more...
FIC
Comment
Crises Give Birth To New Solutions
Even though we have continuity of government, there’s no doubt that the set of measures the government will have to opt for will differ...
FIC
Mike Michel, President Of The Foreign Investors Council And CEO Of Yettel
I Choose To Be An Optimist
The country needs strong economic growth through sustainable fiscal consolidation and the continued privatisation and corporatisation of public enterprises and the reform of public...
FIC
Zorana Mihajlović Ph.D., Deputy Prime Minister And Minister Of Mining And Energy Of The Republic Of Serbia
We’ve Overcome Every Crisis Through Dedicated Work
When geopolitical conditions shift and the world economy is hit by serious tremors, countries that are much more developed and better regulated than Serbia...
FIC
Siniša Mali, Minister Of Finance Of The Republic Of Serbia
I Don’t Expect A Recession
We mustn't lose what we've already achieved, and that's full employment and economic growth. Even though much of this doesn't depend on us, we...
FIC
OTP Banka
Euromoney Proclaims OTP Banka Best In Serbia
Following May 2021’s successful completion of the region’s most complex integration process, OTP Banka Srbija succeeded in maintaining and fortifying its position as the...
FIC
Jorgovanka Tabaković, Governor Of The National Bank Of Serbia
Safe Haven For The Economy And Citizenry
I’m extremely proud of the results we’ve achieved in preserving the exchange rate’s relative stability over the course of the last decade. That has...
FIC
Liliana Lapadatoni, Marsh Adria CEO
Great Room For Growth
According to our estimates, the degree of mediation in the B2B segment in Serbia, i.e., the percentage of insurance that’s managed by brokers, is...
FIC
Tomislav Momirović, Minister Of Construction, Transport And Infrastructure
Open Balkan Is Both Our Chance And Obligation
When it comes to the Government of Serbia, there is no capitulating on the implementing of infrastructure projects, as they represent the foundation of...
FIC
Vladimir Spasić, Account Executive, Dell
Digitalisation Forms The Basis Of Market Progress
Digital transformation is today discussed at every company in Serbia, and many of them have seriously embarked on that transformative journey
As a driver of...
FIC
LeitnerLeitner
The Pandemic Has Impacted Every Aspect Of Business
COVID-19 brought numerous changes to almost all areas of our lives. We spoke with experts from top tax advisory and auditing firm LeitnerLeitner about...
FIC
Dragana Marković, Director Of The Tax Administration
We’re Continuing With Reform Processes
In the new reform cycle, our wish is to create a Tax Administration that’s integrated into the taxpayers’ natural and business environment and for...
FIC
Nicola Pontara, World Bank Group Country Manager For Serbia
No Easy Tasks During Turbulent Times
It would be critical in the days ahead for the new Serbian government to maintain macroeconomic stability – i.e., to curb inflation and keep...
FIC
Dušan Radičević, Al Dahra Serbia CEO
How Does One Become An Agriculture Leader?
With the arrival in Serbia of Al Dahra, which is known as a global leader in the agricultural industry, new standards were set for...
FIC
Alessandro Bragonzi, Head Of European Investment Bank Regional Representation For The Western Balkans
Supporting A Green Balkans
A new dedicated branch, EIB Global, is helping us foster strong partnerships within the European Commission-led Team Europe structure and increase support for projects...
FIC
Iosif Vangelatos, General Manager, INOS Balkan
Coping Responsibly With Crisis
Uncertainty is now the main characteristic of the business environment. Our response to the crisis is to create agile commercial policies, to identify and...
FIC
Yulia Ustyugova, IMF Resident Representative For The Republic Of Serbia
Making Difficult Choices Must Be A Key Government Task
Limited policy space and more difficult access to financing means that policymakers will have to be very selective and targeted in their spending and...
FIC
Matteo Colangeli, EBRD Director For The Western Balkans
The Crisis Will Take Its Toll
Mounting inflationary pressures are weighing in on the disposable income and input costs of businesses, while financing conditions are tightening as central banks around...
FIC
Dejan Turk, Vice President Of The Foreign Investors Council (CEO Of A1 Srbija And A1 Slovenija)
Digital Transformation Remains Our Priority
A significant shift in the field of digitalisation has been achieved over the past five years. Yet there is still room for significant improvements,...
FIC
Ana Govedarica, FIC Vice President And Spokesperson (Roche General Manager)
We’re Stronger Together
Foreign investments are an important lever of economic development that gain even greater importance under the conditions of the challenges to foreign policy and...
FIC
Aleksandar Ljubić, FIC Executive Director
Digitalisation Is Our Imperative
Companies adjust their operations and business policies in almost real time, and the Foreign Investors Council, as their shared house, endeavours to respond to...
FIC
Dragan Penezić, Co-president Of The FIC Anti-illicit Trade & Food Committee (British American Tobacco SEE d.o.o. Beograd)
Positive Results Are Clearly Visible
Despite the negative external factors, it is clearly visible that activities have continued around institutionally improving conditions for doing business in Serbia and advancing...
FIC
Dragana Stikić, Co-president Of The FIC Anti-illicit Trade & Food Committee (Nestlé Adriatic S d.o.o.)
Harmonising With The European Acquis Crucial
The legislative framework in Serbia is being gradually harmonised with that of the EU in terms of food safety and quality, though the dynamics...
FIC
Dušan Lalić, Co-president Of The FIC Financial Services Committee (Generali osiguranje Srbija a.d.o.)
We Need More Digital Solutions
It is essential for the state and the financial sector to work on creating a higher degree of trust in digitalisation. Alongside this, it...
FIC
Danilo Mrvaljević, Co-president Of The FIC Financial Services Committee (Banca Intesa a.d. Belgrade)
Steps In The Right Direction
The National Bank of Serbia and the Government of the Republic of Serbia enabled activities on the capital market to unfold unhindered even under...
FIC
Daniel Šušnjar, President Of The FIC Telecommunications & Digital Economy Committee (Yettel d.o.o.)
Administrative Barriers On The Road To Digitalisation
Regulatory framework incompatibility in the area of environmental protection prevents the installing of cellular base stations, thereby jeopardising the expansion of capacities and the...
FIC
Milena Jakšić Papac, President Of The FIC Human Resources Committee (Karanović & Partners o.a.d.)
Regulations Should Track The Changing Nature Of Work
We eagerly await amendments to legal regulations that will recognise contemporary forms of labour and introduce greater certainty in the aspect of the rights...
FIC
Mario Kijanović, President Of The FIC Infrastructure And Real Estate Committee (Bojovic Draskovic Popovic & Partners)
Improving Procedures Is The Foundation For Further Sector Growth
A new cycle of investments in construction projects for residential and business properties, warehousing and other commercial buildings could be initiated through the further...
FIC
Marko Ćulafić, President Of The FIC Legal Committee (Karanovic & Partners)
Progress In Building The Legislative Framework
Although work is constantly being done in Serbia to harmonise the legislative framework with that of Europe, it is necessary for more uniform practice...
FIC
Radomir Cerović, President Of The FIC Pharma Industry Committee (Roche d.o.o.)
We Must Keep Pace With Upcoming Innovations
The essence of digitalisation in healthcare is in creating possibilities to bring the quality of patient treatment to the fore and enabling doctors to...
FIC
Dragan Drača, President Of The FIC Taxation Committee (PricewaterhouseCoopers)
No Progress Resolving Longstanding Tax Issues
Even though there was an absence of willingness for dialogue on the part of state bodies and the Task Force for the implementation of...
FIC
Zafiris Lampadaridis, President Of The FIC Tourism & Hospitality Committee (Hyatt Regency Belgrade (BMP a.d.))
Tourism Development Must Be Accelerated
The establishment of the FIC Tourism & Hospitality Committee comes at a critical juncture for rethinking the governance of tourism and elevating tourism's visibility....
FIC
Commemorating Two Decades Of The Work Of The Foreign Investors Council
We’re Continuing To Grow!
The Foreign Investors Council is one of the “oldest” business associations that focuses exclusively on the continued development of a predictable, competitive and sustainable...
Interview
Renata Pindžo, FIC Communications Director
Tourism Plays A Key Role In Inclusive And Sustainable Growth
At a juncture when it’s evident that international demand for tourism is changing and pressure is mounting on the global tourist market, it is...
Banking sector
Aleksandar Ljubić, Executive Director Of The Foreign Investors Council Of Serbia
We’ve Yet To See The Full Benefit Of Digitalisation In The Insurance Sector
The Foreign Investors Council of Serbia has a multitude of ideas on how to continue the wave of digitalisation and render numerous financial sector...
Business News
White Book Presented To Belgrade Chamber Of Commerce
On December 22, FIC presented key findings from the White Book on digitalization to the Belgrade Chamber of Commerce. Current situation was reviewed, and...
Business News
The Foreign Investors Council Held Its Regular Annual Assembly
The Foreign Investors Council (FIC) held the regular annual session of the Assembly, electing the new Board of Directors, adopting the Annual and Financial...
Business News
Foreign Investors Council Presented The White Book 2021
The Foreign Investors Council presented the White Book 2021 to the highest Government officials and marked its 19th anniversary. The presentation of this year’s...
Audio
Mike Michel, President Of The Foreign Investors Council And CEO Of Telenor Serbia
We Must Embrace The New Reality
There is still a lot of work ahead of us when it comes to Serbia’s long-term recovery. We must increase productivity and sustain investments...
News
Potentials For Strengthening Cooperation With Azerbaijan In Numerous Areas
Minister of Foreign Affairs Nikola Selakovic met today in Baku with Minister of Defence Industry of Azerbaijan Madat Guliyev, with whom he discussed the...
Audio
Nikola Selaković, Minister Of Foreign Affairs Of The Republic Of Serbia
With The Exception Of Kosovo, Our Values Align
This generation of politicians is obliged, first and foremost in the interests of Serbia, to attempt to once again find a common language and...
Business News
Foreign Investors Council First Cocktail After More Than A Year
Foreign Investors Club first cocktail after more than a year was held on 21 June.
FIC Serbia member A1 Srbija d.o.o. sponsored the event and...
News
Improvement Of Cooperation With US One Of Foreign Policy Priorities
Minister of Foreign Affairs Nikola Selakovic stated today, during a meeting with Ambassador of the United States of America to Serbia Anthony Godfrey, that...
Business News
The Foreign Investors Council Held Its Regular Annual Assembly
The Foreign Investors Council held the regular annual session of the Assembly summarizing the key achievements and making solid basis for the future growth....
Appointments
FIC Telco & Digital Economy Committee Created
Telecommunication & Digital Economy Committee was the last one to be established as part of the reorganization of FIC working committees in 2020. It...
Business News
Foreign Investors Council Presented The White Book 2020
The Foreign Investors Council presented the White Book 2020 to the highest Government officials and marked its 18th anniversery. Respecting epidemiological regulations, the presentation...
Opinion
What The Pandemic Has Taught Us
If the new reality that we've entered had to be summarised in a telegraph, its key words would be solidarity, putting people first, commitment...
Audio
Mike Michel, Foreign Investors Council President and CEO of Telenor Serbia
Mike Michel: A Shared Challenge Needs a Shared Response
It is now more important than ever for the FIC to unite its efforts with the Government in working on improvements to regulatory, legal...
FIC
Krstinja Šćepanović, HR Direction Executive Director, OTP Banka Srbija
We Grow Together
Even after the completion of the integration of Vojvođanska banka and OTP bank in 2021, we will continue to be dedicated to employees and...
FIC
Jorgovanka Tabaković, Governor of the National Bank of Serbia
We Were Ready For The Crisis
We will continue to use all monetary policy instruments in order to secure low and stable inflation in the medium term and to preserve...
FIC
Dragana Marković, Director of the Tax Administration of the Republic of Serbia
Continuation of Reforms is My Priority
At the Tax Administration we are concentrated fully on providing support in the best way to all measures of the Government of the Republic...
FIC
Dubravka Negre, Head of Regional Representation for the Western Balkans at the EIB
Support In Challenging Times
It will be of crucial importance in the period ahead for Serbia to have further support for the private sector, in order to maintain...
FIC
Zoran Petrović, Raiffeisen Bank CEO
We Raise The Bar Even When It’s Tough
We've viewed digital transformation as an imperative for several years already, and have started intensive work and investments in a desire to respond to...
FIC
Dejan Turk, Vice President Substitute of the FIC and CEO of Vip mobile and A1 Slovenia
Strong Commitment to Reforms a Must
In the period ahead, Serbia will need to implement a wide-ranging set of structural and economic reforms that call for strong political consensus and...
FIC
Nikos Zois, Managing Director, HEINEKEN Serbia
Safety & Top Quality Come First
In these challenging times we must think agilely, learn quickly and adapt, with the implementation of all precautionary measure in our breweries in Novi...
FIC
Ana Govedarica, Vice President Spokesperson of the Foreign Investors Council and Roche General Manager
Health Comes First
During COVID-19 and in the post-COVID-19 world, better healthcare systems are more important than ever. The main thing that the state has to deal...
FIC
CTP Invest
Premium Class Industrial Space
CTPark Belgrade North, the largest industrial park in Serbia, is set to welcome its first tenant in November: Tehnomanija
Dutch company CTP Invest is the...
Audio
IMF Resident Representative in Serbia
Sebastian Sosa: Dealing With the ‘New Normal’ Is Challenging
Serbia’s hopes for faster recovery than initially expected should be built upon the recent positive data about retail sales, industrial production and external trade....
FIC
Marinko Ukropina, Managing Director At SGS Group For Serbia, Croatia, Slovenia, B-H And Montenegro
Challenges Help Us Develop Ourselves
SGS Belgrade has developed continuously since its establishment. The latest example is the development of a very complex service of clinical trials of medicines,...
Audio
Aleksandar Ljubić, Executive Director of the Foreign Investors Council
We Passed The Test
We're proud of the way FIC members have responded to the challenges brought by the pandemic. Our companies have demonstrated solidarity and responsibility, both...
FIC
Marnie Finlayson, General Manager, Rio Sava Exploration d.o.o.
Committed to Deliver
A new mineral, a new process technology and a new market all require careful consideration in order for Jadar to become an enduring, sustainable...
FIC
Tian Ye, Director, Minth Automotive
We’ve Responded Successfully to the Challenge
Minth Automotive’s first serial production and delivery to customers from Loznica will start from the beginning of 2021. It comes as a result of...
FIC
Cheryl Hickman, Science Teacher at The International School of Belgrade
Preparing Students for the Future; It’s not about the Technology…
At the International School of Belgrade, we are not just integrating technology, we are innovating with technology. Technology integration plays a vital role in...
FIC
Dejan Turk, CEO of Vip mobile and A1 Slovenia
Digital Society a Step Closer
Innovation and companies' ability to adapt are what change markets for the better. Testifying to this are the experiences of Vip mobile as a...
Business
Marija Stepina, President of the Executive Board of API Bank
Niche Players May Have Winning Strategies
Here is our recipe for success: big plans, investor’s support, smart team, healthy ambitions and reasonable realization schedule. It is a sufficient ground for...
FIC
Dragana Stikić, Co-President of the FIC Anti-Illicit Trade & Food Committee
Ensure Uniform Application of the Law
The work of our committee is devoted to improving the regulatory framework as it relates to the food industry. That's why we continue to...
FIC
Nebojša Jovanović, President of the FIC Digital and Marija Đinđić, Vice President of the FIC Digital
Together We Can Achieve More
- Nebojša Jovanović, President of the FIC Digital & E-Commerce Committee (Raiffeisen Bank JSC Belgrade);- Marija Đinđić, Vice President of the FIC Digital &...
FIC
Daniel Šušnjar, President of the FIC Telecommunications Committee (Telenor d.o.o.)
Telco Infrastructure Critical to Functioning of Society
The 2020 White Book will provide suggestions on how to cut red tape and improve the environmental framework governing base station construction
The crisis caused...
FIC
Dragan Drača, President of the FIC Taxation Committee
We Hope For a Resumption of Dialogue
We expect a continuation of the constructive dialogue with the Ministry of Finance linked to the improvement of tax regulations and practises, along with...
Business News
The FIC Organized Online Conference On Digitalization
The Foreign Investors Council organized today online Conference on Digitalization titled "Digitalization in Serbian Regulations: Possibilities and Limitations"
The event which gathered around 100 FIC...
Appointments
Mike Michel New President of the Foreign Investors Council Serbia
Mike Michel, Telenor Serbia CEO, is the newly elected President of the Foreign Investors Council, while the new FIC Vice President - substitute is...
Business News
CEO of Telenor Serbia Named As The President Of The Foreign Investors Council
The Foreign Investors Council announced changes in its management. Mike Michel, Telenor Serbia CEO, is the newly elected President of the Foreign Investors Council,...
News
Foreign Investors Council elects new Board of Directors
The Foreign Investors Council (FIC) held the regular annual session of the Assembly, electing the new Board of Directors, adopting the Annual and Financial...
Business News
Foreign Investors Council Presents White Book 2019
The Foreign Investors Council has presented the White Book 2019 to the highest Government officials and stakeholder community
The White Book, written by members, is...
Business News
Foreign Investors Council Presented the White Book 2019
The Foreign Investors Council presented the White Book 2019 to the highest Government officials and stakeholder community. The White Book, written by FIC members,...
Minister Mali and Finnish Ambassador Lahdevirta Discuss Implementation Of The Green Agenda
The Vice-President of the Government of the Republic of Serbia and Minister of Finance Sinisa Mali spoke with the...
Russian Diesel Exports On Track To Break Record Despite EU Sanctions
According to Bloomberg, Russian diesel exports are on track to hit a record this month despite European Union sanctions...
Serbia Is The First In Europe By The Number Of Women In The Gaming Industry
The growing gaming industry in Serbia employs about 2,300 professionals and generates about 125 million euros per year, and...
55th International Car Show Opened
The International Car Show, 55th in a row, opened in Belgrade and has gathered 250 exhibitors who will present...
Serbia Is Spain’s Main Foreign Trade Partner In The Western Balkans
Serbia is the main foreign trade partner of Spain in the Western Balkans and is responsible for more than...