News

News

• 12

  Real estate sales up 25% in March

  April, 2021, Source:Danas

   
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  eal estate sales increased by 25% in March, and the amount of money on that market also increased by 40% during the same period, the Republic Geodetic Authority stated. In march, 14,458 agreements for the sale of real estate were submitted to the Authority, which is 23.9% more than in February, and 93.9% more year-over-year. When it comes to... More info

   
• 12

  40% of electricity from renewable sources

  April, 2021, Source:Dnevnik

   
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  Deputy PM and Minister of Mining and Energy Zorana Mihajlović, stated today that Serbia's vision, which is being established with new energy and mining laws, is a green Serbia, where at least 40% of the energy will be from renewable sources by 2040. "The laws that the Ministry prepared, and which are currently in Parliamentary procedure,... More info

   
• 10

  160 new jobs in Senta

  April, 2021, Source:Dnevnik

   
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  Calzedonia will open an apparel factory in Senta, which will employ 160 workers. The new factory will be put into operation in September, the company said. Calzedonia already has five factories, in Sombor, Kula, Subotica, Kikinda and Apatin, which employ 4,000 people in total. "A suitable location will be leased for the new factory," the... More info

   
• 08

  Public debt reduced to 53.5% of the GDP

  April, 2021, Source:Dnevnik

   
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  Serbia's public debt amounted to EUR 27 billion at the end of February 2021, which is 53.5% of the GDP, the Ministry of Finance stated. The debt-to-GDP ratio was 0.2% lower compared to January, or EUR 145 million in nominal amount. A national budget surplus was achieved in the first two months of the year, in the amount of RSD 7.5 billion.... More info

   
• 08

  IMF: Serbia’s GDP to grow 5% in 2021

  April, 2021, Source:Danas

   
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  2021 forecasts of the International Monetary Fund and the World Bank for Serbia are both 5%. When it comes to 2022, the IMF is somewhat more optimistic than the World Bank and predicts a 4.5% growth. When it comes to inflation, a stable 2.2% in 2021 and 2.4% in 2022 are expected. On the other hand, the current account deficit will amount to... More info

   
• 08

  CTP Invest Serbia and Yanfeng to open facilities in Kragujevac

  April, 2021, Source:Večernje Novost

   
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  Yanfeng will put its new plant into operation by the end of next month. Kragujevac mayor Nikola Dašić announced that 500 people will find work there. Mayor Dašić and CTP Invest Serbia CEO Vlatko Đuriček visited the completed facility in the Feniks business zone. This is the second Kragujevac facility of CTP - an industrial developed working... More info

   
• 18

  Long-term credit rating of Serbia’s second biggest city raised

  March, 2021, Source:Večernje Novosti

   
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  The City of Novi Sad received official confirmation that it meets the criteria for the certification of cities and municipalities with a favourable business environment in Southeast Europe (BFC SEE). Moody's raised Novi Sad's long-term credit rating from Ba3 to Ba2 with stable outlook for further improvement. "I read the latest report... More info

   
• 18

  Funds from the state budget for municipalities

  March, 2021, Source:Danas

   
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  Yesterday, the Ministry of Public Administration and Local Self-Government decided to distribute RSD 460 million from the national budget to cities and municipalities in Serbia for 46 projects. "We received five times more applications than it was the limit, which means that cities and municipalities in Serbia have woken up. They... More info

   
• 18

  Import declines by 11%

  March, 2021, Source:Dnevnik

   
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  Serbia's total trade amounted to EUR 2.95 billion in January this year, which is 6.3% less y-o-y. Export remained the same, but import declined by 11%, the Statistical Office stated. EUR 1.34 billion worth of goods was exported, and EUR 1.61 billion worth of goods was imported. Trade deficit is about EUR 263 million, which is 42.9%... More info

   
• 12

  Serbia to receive EUR 12 million from the European Union in the fight against coronavirus

  March, 2021, Source:Danas

   
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  The European Commission allocated nearly EUR 12 million to Serbia to safeguard public health in fighting the coronavirus, under the EU Solidarity Fund. This funding will support part of their public expenditure on medical and personal protective equipment, emergency support to the population, and measures of prevention, monitoring and... More info