In Serbia, Evropa RE company for reinsurance of real estate in cases of environmental disasters started operating. Their founders and majority owners are the governments of Serbia, Macedonia and Albania. Read more
Serbia
The first Stadler train arrives to Serbia
The first Stadler's electrical motor train made for the Serbian Railways arrived this afternoon to Subotica's railway station. It is expected that it will be put into domestic traffic in December this year. Read more
Serbia: Amendments to the Insolvency Act
As of mid-August 2014, the Serbian Insolvency Act applies in its amended form. The amendments enhance the principles of transparency and cooperation. They provide for on-line publication of all court decisions rendered and parties submissions made in insolvency proceedings. Insolvency administrators are now obliged to make the insolvency debtor s books and records available to the consultants enga... Read more
Public invitation privatization 502 companies announced
According to the new Privatization law, Privatization Agency announced the Public Invitation for collecting Letters of Interest, inviting investors to express their interest in privatization of 502 companies and their subsidiaries. Deadline for submission of Letters of Interest is September 15, 2014. See more at www.priv.rs Read more
Incentives for Direct Investment in the Republic of Serbia
In 2014 the Republic of Serbia adopted a new incentive program for green-field and brown-field projects in Serbia based on the Regulation on the terms and conditions for attracting direct investments (“Off. Gazette of the RS”, no. 55/2014), which entered into force on 24.05.2014 More information is available here. Read more
boostIT Serbia
boostIT Serbia is a new, recently launched web platform for the export promotion of IT sector in Serbia, aiming to support the Serbian IT companies in their efforts to increase exports and its visibility in the global marketplace. Read more
Amendments to law on construction up for public debate soon
Draft amendments to the law on planning and construction, which would shorten timeframes for issuing building permits, will be up for public debate soon, and are expected to be passed in August. Link: www.tanjug.rs Read more
Stadler trains in Serbia as of September 2014
Swiss company Stadler will start delivering 21 new electric trains to Serbia in September 2014, Serbian Railways said in a release on Friday (5 July 2013). An agreement signed with Stadler on 4 March 2013 set the delivery time for these trains to 2.5 years. Read more
Law on amendments to the Labor Law
National Assembly of the Republic of Serbia at its session held on July 18 adopted the Law on amendments to the Labor Law. The new provisions should improve the legal framework to boost foreign and local investments and overcome the economic crisis. The Law will came into force on July 29, 2014. Law on amendments Read more
Carnex exports to Switzerland and Austria
Carnex, a leading manufacturer of meat and meat products in the territory of Serbia, has started selling its well-known Carnex pates and meat cans in the markets of Switzerland and Austria. After penetrating the Slovenian market and successfully operating there, Carnex continued to intensify its export activities by adding other EU countries to its list Read more