Serbia’s average net monthly wage increased by a real 7.2% on the year to 107,476 dinars ($992/917 euro) in January, after rising by an annual 9.2% in the prior month, the statistics office said on Tuesday. Serbia’s avg net wage up 7.2% y/y in Jan Hirurg/Shutterstock.com On a monthly comparison basis, the average net wage […]
Read moreThe National Assembly of Serbia has adopted amendments to the Law on Business Companies, which will facilitate cross-border mergers and acquisitions. The regulations will come into effect in 2027. The new law specifies procedures for the merger and acquisition of companies operating in Serbia with companies from European Union member states and the European Economic […]
Read moreIn Serbia, in the fourth quarter of 2024, the number of unemployed people was 273,100, with an unemployment rate of 8.6%, the National Institute of Statistics reported yesterday. The number of employed people was 2,894,900, with an employment rate of 51.4%. According to data from the Labour Force Survey, the population outside the labor force […]
Read moreThe average net salary in December last year was 108,312 dinars, the State Statistical Office (RZS) announced today. The average gross salary calculated for the last month of 2024 amounted to 148,428 dinars, which is nearly 10,000 dinars more than the previous month or 8,000 dinars more in terms of net salary. The growth of […]
Read moreForeign nationals who wish to stay and work in Serbia can now apply for a visa entirely online under the new regulations. Following the launch of the Foreigners’ Web Portal (https://welcometoserbia.gov.rs/home) the application process has been simplified and expedited, and all communication will take place digitally. Visa applications can be submitted either by the foreign […]
Read moreThe average net salary calculated for November 2024 is 100.738 dinars, the Republic Statistical Office of Serbia announced. Half of the employees worked for less than 77.830 dinars, which is the average salary. The average salary (gross) calculated for November 2024 is 138.911 dinars, the RZS announced. The average salary in October was 98.538 dinars, […]
Read moreAlthough government officials often brag about the arrival of numerous foreign companies in Serbia, it is noticeable that in recent years, foreign investors have been leaving the country in much higher numbers than usual. The Benetton factory in Niš has informed workers that production will be shut down by April, without providing any specific information […]
Read moreSerbia’s Minister of Foreign Affairs in the caretaker government, Marko Đurić, stated that around 79,000 work visas were issued last year, assessing that access to the domestic labour market has been significantly facilitated. He participated in a roundtable in The Hague, which brought together representatives of Dutch companies, where he presented Serbia’s economic results and […]
Read moreIn Serbia, the automotive parts and components manufacturing sector includes more than 200 companies employing around 100,000 people. The crisis that has impacted German and other European manufacturers will reduce employment levels in Serbia. At least 10% of the workforce could lose their jobs. Exports, in particular, will be heavily affected, Nikola Avramović, Director of […]
Read moreThe average net salary in Serbia for November amounted to 100,738 dinars, while the average gross salary, including taxes and contributions, was 138,911 dinars, the Statistical Office of the Republic of Serbia announced today. The growth of gross salaries in the period from January to November 2024, compared to the same period last year, was […]
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