Author: Tatyana Gracheva
Unemployment Status in Ukraine: How to Apply Online and Amounts of Financial Assistance
Unemployment Status in Ukraine: How to Apply Online and Amounts of Financial Assistance In Ukraine, individuals seeking work can obtain unemployment status, which provides the opportunity to receive financial assistance. The status can be applied for both in person and online through the ‘Diia’ portal. The online application process takes about 10 minutes, and the […]
Read moreVučić explained layoffs in the south by a “significant increase in wages”
The President of Serbia, Aleksandar Vučić, explains the closure of several foreign companies’ plants in the south of Serbia in the last few months by “significant increase in wages”.
At first, 1.250 workers stayed unemployed due to the closure of Benetton and Johnson Electric factories. Then 250 workers lost work when Centaur left Vranje. Moreover, Trendtekst in Bela Palanka and Vranje Solpro fired 50 workers each.
Similarly, the Leonija plant in Malošišt will have been closed by the end of the year, leaving 1.900 workers out of a job.
According to some employers, such as Centaur, one of the reasons for leaving was the increase in the minimum wage in Serbia. It grew extraordinarily in October and now attains 500 euros (58.630 dinars) and will increase even more in January to 550 euros.
According to the latest available data, the average salary in Serbia in September 2005 was 109.147 dinars, with the median net salary of 85.267 dinars. It means that half of workers earned up to the specified amount.
Another reason that the state leadership blamed for the departure of companies was the blockades that marked the year 2025.
According to economist Saša Đogović, an extremely high degree of political crisis, an extremely high degree of corruption in the country and the lack of a stimulating institutional environment are the reasons for the absence of foreign investments.
Nevertheless, on Thursday (December 11), the Italian company Ariston opened a new plant in Niš and by the end of the year it will have employed 175 people.
This company will produce cylinders and other parts for heat pumps.
As Vučić said during the opening of the plant, the people of Nis will earn decent wages due to this factory, but consumption in restaurants and shops in Nis will also increase.
He also added that this is the tenth or eleventh factory opened in Niš during his presidency.
As New economy reports, the state provided 22,2 million euros through subsidies for the Ariston plant laid in July 2024.
The commitment of the investor is to employ at least 300 new workers for an indefinite period by the end of 2027 and to invest at least 75 million euros.
According to the contract signed by Ariston and the Ministry of Justice in 2023, the share of the state subsidy of the cost of the entire investment is 29,6 percent.
It is also stipulated that the salary costs for new employees, in the two-year period after reaching the full employment, foreseen by the project, should be at least 7,2 million euros.
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Read moreVučić: Layoffs in the south due to a “significant increase in wages”
Wave of Foreign Factory Closures Hits Southern Serbia, Costing ~5,000 Jobs
Read moreWhen will salaries in Kazakhstan reach 600,000 tenge?
According to experts from the Analytical Credit Rating Agency (ACRA), the average salary in Kazakhstan is expected to reach 605,000 tenge by 2028, reports kursiv.kz. They note that real incomes of the population continue to grow, which remains one of the key factors supporting domestic demand. “During 2024–2025, real monetary incomes of the population are […]
Read moreGeorgia’s average monthly nominal earnings up by 10.4 percent in Q3
In the III quarter of 2025, the average monthly nominal earnings in Georgia increased by 10.4 percent (214.9 GEL) compared to the same quarter of the previous year and amounted to 2 271.6 GEL. According to the economic activity the highest monthly earnings were observed in the following fields: ⦁ Information and communication – 4 […]
Read moreProjects and jobs inside Kazakhstan’s 16 special economic zones in 2025
Kazakhstan’s 16 special economic zones (SEZ) with tax incentives, simplified customs procedures and ready industrial sites play a central role in the country’s investment strategy.
The law on special economic and industrial zones adopted in 2019, the Tax Code, Customs Code, and Land Code regulate the SEZ framework. Corporate tax exemptions, property and land tax relief, zero VAT on qualifying goods, simplified hiring procedures, and duty-free customs treatment are included in their benefits.
The production of rolling stock, electronics, armored vehicles, furniture, construction materials, and precision instruments is supported by Astana – New City, active from 2002 to 2027.
Another one is Saryarka, active from 2011 to 2036 in Karagandy, developing metallurgy, machinery, electronics, chemicals, and construction materials.
Pavlodar, running over the same period, is responsible for chemical and metallurgical production.
They established Ontustik in 2005, operating through 2030 in Shymkent, focusing on cotton processing, textiles, chemicals, and high-tech industries. The targets of the National Industrial Petrochemical Technopark in Atyrau, active from 2007 to 2049, are high-tech petrochemical production, hydrocarbon processing, research, and workforce training.
The Caspian Hub, a 19-hectare container terminal developed with Lianyungang Port Group, and the Sarzha maritime terminal at the Kuryk port are included in the Aktau Sea Port, operating from 2003 to 2052.
64 companies are functioning in Khorgos – Eastern Gate, operating from 2011 to 2036.
41 projects worth 234.4 billion tenge (US$454 million) are supported by the Khorgos International Center for Border Cooperation, active from 2017 to 2041.
Chemical production and industrial diversification are in the focus of Jibek Joly, operating from 2012 to 2037 in the Zhambyl Region.
In 2003 they launched the Park of Innovative Technologies in Almaty. Information and communication technologies, electronics, renewable energy, advanced materials, and telecommunications are its targets. IT, electronics, bioengineering, telecommunications, renewable energy, and advanced materials, and supports startups and research commercialization are the specializations of Alatau.
Industrial innovation and research, are integrated by Astana – Technopolis, active from 2017 through 2043, in partnership with Nazarbayev University.
Industrial, administrative, historical, and airport subzones are comprised in Turan (2018–2043) in Turkistan. Projects in polyvinyl chloride production, drip irrigation systems, and agricultural processing take place in its Central Asia International Center for Industrial Cooperation subzone.
The Special State Fund for expansion invested 9.6 billion tenge (US$18.6 million) in Qyzyljar (2019–2044) in Petropavlovsk.
Manufacturing, logistics, agricultural processing, chemicals, light industries, automotive components, and renewable energy are in the focus of Aktobe (2025–2049). Textiles, leather, machinery, electronics, paper, pharmaceuticals, metal production, logistics, and infrastructure construction are supported by Korkyt Ata (2025–2050) in the Kyzylorda Region.
Nevertheless, there are some difficulties. One of them is infrastructure development.
To solve this problem, Kazakhstan is negotiating with financial institutions and preparing legislative amendments to improve SEZ management and investment procedures.
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Read moreColossal imbalance: In Ukraine, the number of job seekers is growing three times faster than the number of vacancies.
According to the NBU, in November the growth in the number of submitted resumes (labor supply) was on average 27% year-over-year, while the growth in the number of vacancies (demand) was much slower – 9% year-over-year. Although the number of job seekers is increasing, Ukraine’s labor shortage has remained the top problem for surveyed enterprises […]
Read moreAmerican HIRE Act and its consequences for workers from Serbia: New tax threatens our IT freelancers
The proposed American legislation known as the HIRE Act (Halting International Relocation of Employment Act) was introduced in September 2025 in the U.S. Senate, initiated by Republican Senator from Ohio, Bernie Moreno. The core idea behind this legislation is to tax the practice of relocating American jobs overseas, specifically targeting companies that hire foreign firms […]
Read moreInside Kazakhstan’s 16 Special Economic Zones: Projects and Jobs in 2025
Kazakhstan’s 16 special economic zones (SEZ) play a central role in the country’s investment strategy, offering tax incentives, simplified customs procedures and ready industrial sites. Spanning manufacturing, logistics and technology, the zones are designed to attract investors and create jobs. The Astana Times breaks down key projects and developments across all 16 zones. The SEZ […]
Read moreGeorgia to end 300-GEL employment program in 2026
Georgia’s large-scale public employment scheme for socially vulnerable citizens is set to end in 2026, a significant shift in the government’s welfare and labor policy. The program, introduced by Irakli Garibashvili and funded with more than GEL 300 million over four years, provided 300-GEL monthly payments to participants while allowing them to retain their social […]
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