News

News

• 29

  Tax on minimum wage in 24 instalments

  December, 2020, Source:Večernje Novosti

   
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  Taxes and contributions to disbursed minimum wages, with which the government helped mitigate the consequences of the pandemic, business owners will be able to pay over the next two years. Government adopted a decree which stipulates that these obligations can be paid in 24 monthly instalments, interest-free. First instalment comes due... More info

   
• 29

  Matić: Auction for 5G network by end of 2021

  December, 2020, Source:Politika

   
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  Serbia did not give up on introducing 5G network, preparations are ongoing, but the auction for operators was postponed due to the pandemic, Minister of Trade, Tourism and Telecommunication Tatjana Matić stated for the Tanjug news agency. "In order to conduct an auction, it is necessary to adopt rulebooks on using the spectrum at a... More info

   
• 28

  Movement of gross domestic product

  December, 2020, Source:Danas

   
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  In the third quarter of 2020, there was a real decline in GDP of 1.4 percent compared to the same period last year. The construction sector had the most significant impact on the negative movement of GDP in this quarter (-1.2 percentage points), followed by the service sector (-1.0 percentage points). The industry made a significant... More info

   
• 26

  Average salary exceeds EUR 500

  December, 2020, Source:Danas

   
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  In October this year, the average net salary, without taxes and contributions, amounted to RSD 60,109, while in the gross amount it reached RSD 83,106, the National Statistical Office of Serbia announced. Net salaries in the period January-October, compared to the same period last year, increased by 9.4 percent in nominal terms and 7.7... More info

   
• 26

  Moldavians took over Šid Oil Mill

  December, 2020, Source:Dnevnik

   
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  The new owner of the company Victoriaoil, one of the most modern oil mills in the Balkans and a long-term member of the Victoria Group, is the company Sun Valley, the Victoria Group announced. The founders and owners of the company Sun Valley are Soorgestovvn s.a. Rl is owned by Oaktree Capital Management and Vaja Jhashi, the owner of... More info

   
• 21

  Economy takes out 20,500 loans with state guarantee

  December, 2020, Source:Danas

   
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  Last year, which was one of the best in the previous decade, loans to the economy reached EUR 900 million, and that refers to the total economy. Businessmen will not use up the limit of EUR 2 billion of loans for the end of this year, for which the state was the guarantor with commercial banks, but they will have the opportunity to do... More info

   
• 19

  Employers need around 5,300 workers

  December, 2020, Source:Politika

   
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  Employers reported 5,293 unemployed to the National Employment Service, according to the latest data from this service. When it comes to occupations, the most sought-after were experts in the field of construction, because employers asked the state for 575 of them, and there were also metallurgists - 539. They are followed by... More info

   
• 19

  Losses in tourism and hospitality bigger than EUR 2 billion

  December, 2020, Source:Danas

   
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  The Director of the Business Association of Hotel and Restaurant industry of Serbia (HORES), Georgi Genov, stated on Friday that it is difficult to estimate the real losses in the tourism and hospitality sector, but that it could be said that they could exceed EUR 2 billion by the end of the year. At GIZ's online conference "Impact and... More info

   
• 16

  Toyo Tires to become one of Serbia's biggest exporters

  December, 2020, Source:Politika

   
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  Yesterday, at the ceremony of laying the cornerstone for the factory of the Japanese Toyo Tires in Inđija, President Aleksandar Vučić pointed out that this is an investment of great importance, and that the company will be one of the largest exporters from Serbia. - The export of Toyo Tires will be at the level of EUR 240 million, and... More info

   
• 16

  Serbia's BB+ rating confirmed

  December, 2020, Source:Blic

   
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  The rating agency Standard and Poor's confirmed Serbia's credit rating at the level of BB+ and kept stable prospects for its further increase. They estimate a smaller economic decline this year of 1.5 percent, and that Serbia will create a growth of 4.50 percent next year. If the increase in the inflow of foreign direct investments... More info