Category: Serbia
Every second company in Serbia faces a corruption problem
In its new Rule of Law Report, the European Commission did not single out issues directly related to the economy, but it did scan several key areas that significantly affect the business environment for companies and entrepreneurs in Serbia. One particular area highlighted is public procurement. It was emphasised that exemptions from the Public Procurement […]
Read moreMore than 215,000 people in Serbia work over eight hours a day, six days a week
Nearly three million people aged over 15 were employed in Serbia over the past year. Most of them worked standard hours, ranging from 36 to 48 hours per week. However, there were also those who worked longer hours, with more than 215,000 employees working more than 48 hours per week – effectively over six days […]
Read moreBusiness people and experts call for changes to the flat-rate taxation threshold
Small business owners in Serbia operating under the flat-rate tax model have been working under the same tax conditions for years, despite significant changes in their economic environment. The key threshold for remaining within the flat-rate taxation system – an annual turnover of up to six million dinars – has not been updated since 2013. […]
Read moreSerbian government abolishes incentives for employers hiring newly settled individuals
The Serbian government has adopted a Regulation terminating the validity of the Regulation on the criteria for awarding incentives to employers who hire newly settled individuals in the country, citing an increase in both the number of employers applying for subsidies and the number of individuals settling in Serbia. According to the press release, this […]
Read moreVučić: Pension increase possibly before December, Kragujevac factory needs workers
“I will try to have pensions increased a month or two before December,” Vučić said. When asked by journalists how that would be possible since the current law does not allow for it, Vučić responded, “We will change the law.” He could not specify the percentage by which pensions would be raised, especially while a […]
Read moreEgypt, Serbia discuss digital connection plan to facilitate labor mobility
Minister of Labor Mohamed Gibran and Serbian Interior Minister Ivica Dačić discussed Friday 30/5/2025 how to activate cooperation mechanisms to facilitate labor mobility and open up new markets for Egyptian workers in the Serbian market. During a meeting between the two ministers today, the two sides hailed the strategic partnership between Egypt and Serbia, which […]
Read moreAverage salary in March 108,013 dinars
The average net salary in Serbia calculated for March 2025 amounted to 108,013 dinars, while the average gross salary reached 148,652 dinars, according to the Statistical Office of the Republic of Serbia. Compared to March of the previous year, net and gross salaries increased nominally by 11.5 percent and in real terms by 6.8 percent. […]
Read moreEC cuts Serbia’s 2025 GDP growth forecast to 3.2%
The European Commission said on Monday it expects the Serbian economy to expand by 3.2% this year, lowering its previous forecast for 4.2% growth made in November. Serbia’s GDP growth is expected to strengthen again in 2026 to 3.8%, fueled by strong domestic demand supported by ambitious public investment, high foreign direct investment (FDI) inflows, […]
Read moreTextile and automotive industries competing in rights violations and poverty wages
More than 150,000 people in Serbia work in the textile and automotive industries, often in factories that are part of supply chains for German and other EU companies. Wages in these sectors are generally around the minimum wage, while workers face excessively high production quotas, continual overtime that becomes the norm, inadequate occupational health and […]
Read moreThe amended law comes into effect on Wednesday: Employers face five new obligations towards employees
Employers in Serbia are required to fully align their operations with the new provisions of the Law on Occupational Health and Safety by Wednesday, 7 May. These changes focus on enhanced employee protection, the introduction of preventive measures, and more effective control of working conditions. Notably, the law now clearly regulates remote and home-based work, […]
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