A sharp drop in building permits number in April

The State Statistical Office (RZS) said that 1,016 building permits were granted in April. The decline in the number of issued building permits is quite steep due to the pandemic. The Business Register Agency also recorded a one-third drop in the number of...

New state subsidies for employers

The new measures to stimulate employment, which the government announced on Friday, 12 June, will include subsidies for the employment of a total of 10,000 young people. The implementation of these measures will most likely begin in the autumn, and employers who...

Serbia Retail Market Overview

The retail market in Serbia experienced the strongest effects of the recent pandemic. Shopping centers have been temporarily closed, with the exception of essential shops for food, medicines and cosmetics. In the meantime, e-commerce noted a very positive trend and...

Serbian Hotels to Lose EUR 230 mln

Serbia’s hotel industry will lose about EUR 230 mln in the period from March 12 to June 30 due to social distancing mandates. The loss of Belgrade hotels will be about EUR 130 mln, Poslovni Dnevnik reports. Georgi Genov, director of the Serbian Business Association of...