Interest in Serbia’s automotive industry is increasing, with German companies leading the way. According to research carried out by the Chamber of Commerce and Industry of Serbia, the automotive industry accounts for over 10 per cent of Serbian exports.
The Eastern European consulting market saw a solid year of growth in 2017, with every major country in the region — Poland, Romania, Czech Republic, Hungary, and Slovakia — expanding faster than the year before.
Could the financial turmoil afflicting Turkey slow the country’s investments in Serbia, Bosnia and Herzegovina, Macedonia, Albania and Kosovo? Some in the region believe so.
Serbia's gross domestic product will accelerate to 4 per cent in 2018 but if Serbia wants to catch up with other countries in the region and Europe, a constant growth of 5% and more is needed.
In 2017, the value of fixed capital formation in the EU member states increased by EUR123bn y/y. In Poland, it was EUR5.5bn higher y/y, but its share in relation to GDP decreased to the lowest level in 20 years.
The European Commission launched in Sofia a Digital Agenda for the Western Balkans in order to support the transition of the region to the digital economy and enable the benefits of digital transformation.
Serbia is trying to find a strategic investor for its mining company. So far the Serbian state was not able to successfully privatize the company.
Media specializing in air traffic monitoring reported that Etihad Airways, a United Arab Emirates will not renew its management contract with Air Serbia. The Serbian government will take control over the management of Air Serbia.
The experts from the Economist Intelligence Unit are pointing out that the population of Central and Southeast Europe will decrease by nearly 34 million people over the next 33 years.
The liberal policies of Serbia's Prime Minister Ana Brnabić are beginning to bear fruit. GDP growth in the Q1’18 reached 4.5 per cent, exceeding previous forecasts of 3.9 per cent.