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BRNABIC: Investors interested in expanding business in Serbia

Serbian Prime Minister Ana Brnabic said that she had had several important meetings with investors during the Davos forum. The most important ones, she says, were those with companies already active in Serbia, such as Tarkett, Japan’s Itochu and France’s Suez, which confirmed to her that they were interested in expanding their business. They were interested to learn what her vision of Serbia’s further development, stability of doing business and new opportunities were, because, as she...
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Bryan Beaton, Managing Director, NAI ATRIUM: Company That Makes A Difference

Not only does Atrium sell and lease residential and commercial real estate, but is also a leader in the valuation of real estate assets, says NAI ATRIUM Managing Director Bryan Beaton Nai Atrium isn’t just a real estate company. Its portfolio includes a large number of services both in Serbia and elsewhere in the world. Bryan Beaton, managing director, has been working as a real estate expert in Belgrade and the region for 13 years. His goal now is to establish NAI as a market leader. Stressing...
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Government adopts Draft Law on Electronic Government

The Government of Serbia adopted the Draft Law on Electronic Government at the session of Thursday, January 18, 2018, and the law should enable simpler, more transparent and more efficient functioning of electronic public services. As said on the website of the Government of Serbia, one of the key goals of this law is to facilitate electronic communication between citizens, legal persons and non-governmental organizations with the administrative body. The law is also one of the pillars of the...
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Delta Holding invests 600 million Euros in real estate projects in the next two years

Last year Delta Holding made huge progress in its expansion to the markets of the region and the European Union. InterContinental Ljubljana, the first five-star hotel in the Slovenian capital was opened. The construction site of the largest shopping-mall in Bosnia and Herzegovina was opened and the construction of Varna shopping-mall is being completed. In the next two years the Company plans to invest 600 million Euros in real estate projects. In 2017 Delta Holding made the total revenue of 55.8...
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Kati Csaba, Ambassador of Canada to Serbia – A direct air line would mean a lot to both countries

Canada’s economic and political relations with Serbia are overall quite positive, although there is always scope to improve, Ambassador of Canada to Serbia Kati Csaba says in her interview for eKapija. She adds that, as a new arrival, her priorities are to continue building and strengthening the trade and investment relationship, and to support Serbia’s European Union aspirations. – So far, in my first meetings with Serbian government representatives, I am glad to hear that our relations...
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VUJOVIC: Potential growth of GDP by over 3.5%

Minister of Finance Dusan Vujovic pointed out on January 16 that he expected an economic growth of 3% or 3.5% in 2018 and added that the growth might be even bigger, due to, as he says, the expected above average production in the agricultural and energy sector. Vujovic said on the margins of the Euromoney conference in Vienna that these those were the cyclical factors that had gone “against us” in 2017, reducing the growth of the GDP. In the long term, the minister says that a further...
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Canada recognizes Serbia's commitment to peace in region

Belgrade, 15 Jan 2018 – First Deputy Prime Minister and Minister of Foreign Affairs Ivica Dačić and new Ambassador of Canada to Serbia Kati Csaba expressed mutual satisfaction today over good bilateral relations, which have been improved in recent years. At the meeting, they noted that the relations of the two countries were improved, both through revitalized political dialogue at a high level, as well as in the field of economy, investment and other areas of cooperation. The two countries...
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Canadian Constellation Software new owner of software company IN2

The Canadian company Constellation Software is the new owner of the Croatian software company IN2, which operates in Serbia as well. Constellation Software announced on Friday, January 12, 2018, that its company Vela Operating Group, that is, its branch Aquila Software, had acquired the Croatian IN2 Group, the IN2 Group announced. As the IN2 Group is present in Serbia as well, the Canadian company now also owns the Belgrade-based company IN2 Informaticki Inzenjering, founded by the Croatian...
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Čadež: Focus on attracting high-tech companies

The strategic decision of the government in the upcoming period, in addition to stimulating investments which lead to a large number of employments in work-intensive industries, with smaller wages, is to invest more in attracting high-tech companies which will employ better-paid, highly-educated people, the president of the Chamber of Commerce of Serbia (CCIS), Marko Čadež, announces. As Čadež told Tanjug, the concept of drawing large foreign companies to Serbia has contributed to the employment...
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Mihajlovic: Serbia to advance on Doing Business list in 2018

Serbia's achievements related to the World Bank's Doing Business list and its plans for 2018 as regards an improvement of the conditions of doing business and further progress of Serbia were discussed at today's session of the Work Group for improving Serbia's position on the World Bank's list, presided over by Deputy Prime Minister Zorana Mihajlovic. Mihajlovic thanked all the members of the Work Group for their efforts and pointed out that she expected them to contribute to a better rating of...
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Canada takes 5th, Serbia 69th place on Forbes list of best countries for business

Canada took 5th, and Serbia 69th spot on the list of the best countries for business published by Forbes and covering 153 countries of the world. In the region, Croatia, Montenegro and Macedonia placed ahead of Serbia, and Great Britain is the best country for business in the world in 2018, despite the uncertainties arising from Brexit. The American magazine gauged 15 different segments for the development of business, including taxes, personal and economic freedoms, bureaucracy, property rights,...
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Justin Trudeau’s Christmas Address

Prime Minister Justin Trudeau's Christmas message highlights diversity and Canadians' reputation for being helpful, warm, compassionate and generous year round, and not just during the holidays. In his statement released on Sunday, a day before Christmas Day, Trudeau also encouraged Canadians to build on the country's 150th birthday celebrations in 2017 by continuing to make a difference in 2018. "In 2017, people across Canada gave us much reason to be proud, and showed us the strength in our...
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Important Awards for Delta Holding

Company Delta Holding has won two annual awards of the Serbian Association of Mangers in the categories of Socially Responsible Company of the year and the Best Talent Development Program. The awards were presented to the Company’s Senior Vice President Marija Desivojević Cvetković at the Gala evening held in Belexpocentre. Project “Young Leaders” has been successfully realized in Delta Holding for 5 years. Since 2012 more than 15,000 talented young people with no working experience...
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CANSEE Christmas Cocktail

Ambassador of Canada to Serbia H.E. Kati Csaba and CANSEE Canadian Serbian Business Association hosted another successful traditional Christmas reception at the Canadian embassy’s residence on December 6. More than 80 distinguished guests, CANSEE members, partners and associates, as well as representatives of the diplomatic corps, Serbian political and economic leaders attended the event, which marked the end of another very successful year of CANSEE association. H.E. Kati Csaba welcomed...
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Another great CSR initiative: Rakita donates equipment to the hospital in Bor

Rakita, company which is doing geological explorations of the copper and gold deposits near Bor, will donate equipment to the Emergency Room of the General Hospital in Bor. The donation is worth 374,000 RSD. On this occasion, the donation will be handed over by Mr. Aleksandar Vulovic, Head of the Communication Office of Rakita, on November 16th. Director of the General Hospital in Bor, Dr Goran Joksimovic, will speak about the cooperation with the industrial sector, especially the one with Rakita. Source:...
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BRNABIC: Non-taxable salary components to be increased

Prime Minister Ana Brnabic announced that the government has decided to increase the non-taxable salary components. The prime minister pointed out that a measure of increasing the non-taxable salary components would be adopted by the end of the year and implemented beginning with 2018. – We can't yet say by how much precisely, as the analyses are in progress – Brnabic told the press and reminded that the components amounted to RSD 11,790 at the moment. This, she added, will unburden...
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FIC Presented the White Book 2017

Belgrade, November 8, 2017 – The Foreign Investors Council presented the White Book 2017 to the highest Government officials and stakeholder community. The White Book is the major product by which, for 15 years, FIC gives recommendations aimed at supporting economic growth and better living standard of Serbian citizens. FIC members, who are the driving engine of the Serbian market, have invested their knowledge and expertise in this project in order to assist Serbia in creating more attractive...
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Serbia advances to 43rd spot on Doing Business list

In the World Bank's Doing Business list for 2018, Serbia ranks at 43 on the ease of doing business, compared to 47 in last year’s report.  – If we look at Serbia and compare it with the perfect business environment, Serbia’s score went from 72.87 in Doing Business 2017 to 73.13 in Doing Business 2018 – said Stephen Ndegwa, World Bank Manager for Serbia. This means that in the last year Serbia improved its business regulations as captured by the Doing Business indicators...
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CANSEE supported IT conference Voxxed Days 2017

The third technology conference Voxxed Days Belgrade organized by the HeapSpace community was held in Belexpocentar in Belgrade on the 19th and 20th of October. CANSEE Canadian Serbian business association, together with its member-companies from ICT industry group, supported this important event for the first time. Voxxed Days Belgrade, a part of a network of global Devoxx conferences, has brought lecturers from renowned global companies such as Google, Amazon, IBM, Microsoft, PayPall, Pivotal,...
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Reception in the honor of Canadian speakers at Voxxed Days 2017

In the honor of two speakers from Canada at the Voxxed Days Belgrade 2017, Mr. David Parnas and Mr. Bran Selić, a reception was held on October 17 at the Canadian Embassy’s residence. The reception was attended by the members of CANSEE ICT Industry Group, representatives of the HeapSpace community, sponsors of the conference, as well as representatives of Serbian universities.
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Magna Seating planning to expand production in Odžaci – CCIS to help solve problem of sick leaves

Magna Seating is planning to expand the production and employ new workers in Odžaci, president of the Chamber of Commerce of Serbia (CCIS), Marko Čadež, said and emphasized that the company took part in the dual education system and that technical school students would start being trained regularly at the company's training center beginning with 2018. – The conditions here are excellent, they will be trained by experienced mentors so that young people could start working in companies as easily...
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Bilje Borca presented its products at ANUGA 2017

The Development Agency of Serbia and the Chamber of Commerce of Serbia organized the presentation of Serbian businessmen at one of the two most important international food industry fairs in the world, ANUGA 2017, which took place in Cologne, Germany, from October 7 - 11. Twenty-one producers from Serbia presented themselves at the Cologne trade fair. Among those companies are: Bilje Borca, Pionir, Basket, Zdravo Organic, ITN Group, Yumis, Jugprom, Agranela, Sicoberry, PIK Becej, Ishrana, Master...
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Schneider Electric continues realizing big project throughout Serbia – Gas network management software being developed in Novi Sad

Schneider Electric is celebrating its anniversary of activities in Serbia and Montenegro by taking part in big projects, such as Hotel Hilton Belgrade, Lidl facilities all over Serbia, GTC Fortyone, complexes Kumbor and Porto Novi and installing electric chargers in the reconstructed garage in the Obilicev Venac Street. At the same time, good news is coming from the Schneider Electric DMS NS center, where the engineers are working on entering the gas business sector, following their great success...
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CANSEE association dedicated to the empowerment of the mining sector

On October 4, Belgrade hosted the 7th International Conference on Mineral Resources in the Republic of Serbia on the topic of "The Movement for Economic Development". CANSEE association supported the conference for the third year in a row. International companies - Nevsun Resources, Mundoro, Dundee Precious Metals, Eldorado Gold, Erin Ventures, Medgold Resources, ERM, which have so far made significant investments in the mining and geological exploration sector in Serbia, shared their experiences...
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The Foreign Investors Council celebrated 15 years of successful operations

The Foreign Investors Council celebrated its anniversary – 15 years of doing business, in the presence of numerous guests from the economic, social and political life, at the event in the White Palace complex. On this occasion, the esteemed audience was addressed by FIC President Yana Mikhailova and Minister of Finance Dusan Vujovic. Retrospective on the FIC establishment was made by Christoph Greussing who was first General Secretary of the Foreign Investors Council. “FIC mission was and...
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Spatial Plan for Cukaru Peki site to be completed in 2018

The Government of Serbia has reached the decision on the preparation of a Spatial Plan of the special purpose area for exploitation of minerals in the Cukaru Peki location in the municipality of Bor. The plan aims to secure conditions for a sustainable spatial development of the said area, rational exploitation of the mineral site and other resources at the site, as well as neutralizing and ameliorating negative spatial, environmental and socio-economic consequences of exploitation and mineral...
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Serbia takes first place in greenfield direct foreign investments globally - Financial Times

Serbia is the top country in the world looking by the performance index of greenfield direct foreign investments, as the regulatory reform, low labor costs and access to the EU market have more than made up for the country's disappointing economic performances, the Financial Times reported on August 3. The index measures the attractiveness of a country regarding greenfield direct foreign investments looking by its GDP, and is prepared by fDi Intelligence, FT's data analysis department. Serbia's...
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The sixth edition of Macedonia 2025 Summit announced

On 1 and 2 November, Skopje will host the Macedonia2025 Summit for the sixth time, and will be held at Mаrriott Hotel. The Summit is a leading regional platform for sharing the latest global trends in business, investment, technological innovation and responsible leadership.                                 They expect more than 30 exceptional...
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Medgold: very encouraging results from the Tlamino project!

Vancouver, Canada, July 18, 2017, Medgold Resources Corp. (TSX-V: MED) (the "Company" or "Medgold") is pleased to announce that the recently completed Induced Polarization / Resistivity (IP-Res) geophysical study at the Tlamino Project, Serbia has identified a high chargeability anomaly which extends to the west of the Barje outcrop under cover for over 1 km. Furthermore, recent saw-cut channel sampling from Barje, with the objective of extending channel samples previously reported, has yielded a...
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Mundoro announces drilling results from Tilva Rosh prospect in Serbia

July 19, 2017, Vancouver, BC – Mundoro Capital Inc. (TSXV: MUN, www.mundoro.com) (“Mundoro” or the “Company”) is pleased to announce drilling results from the Tilva Rosh prospect within the 100% controlled Savinac exploration license in north-eastern Serbia. The Savinac license covers 90 km² and is located in the Timok Magmatic Belt, approximately 20 km southeast of the Bor mining camp. Teo Dechev, CEO and President of Mundoro commented, “This Phase II drilling program at...
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