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Serbia’s early-2026 trade picture: mild contraction, but a sharper external balance
Serbia’s total foreign trade contracted slightly in the first two months of 2026, yet exports held up while imports fell faster—cutting the trade deficit by nearly…
ProCredit Bank’s 25-year agricultural lending role in Serbia is being reinforced by state-backed credit lines
Operating in Serbia for 25 years, ProCredit Bank has deepened its position as a key distributor of subsidised agricultural loans under the 2026 government framework, supporting…
Montenegro’s tourism model stays tethered to Russian arrivals—supporting growth while raising concentration risk
Russian visitors remain the largest source of foreign overnight stays in Montenegro, accounting for 34.5% in January 2026. The same demand base also links tourism to…
Serbian capital becomes a stabilising force in Montenegro’s investment mix
In January 2026, Serbia supplied the largest share of foreign direct investment into Montenegro, with €9.5 million—highlighting how regional capital is increasingly shaping the country’s business…
Montenegro’s investment rebound is real, but investors are watching for a shift in asset quality
Gross fixed capital formation in Montenegro rose by 11.0% in 2025, signaling renewed momentum. But the latest breakdown of spending and foreign direct investment suggests much…
How Azvirt’s disclosures reframe Serbia’s road pricing: engineering scope, risk and financing behind Osmeh Vojvodine
Azerbaijani contractor Azvirt’s latest disclosures provide a detailed look at how Serbia prices major road projects, arguing that headline euro totals reflect far more than asphalt.…
Montenegro’s growth is splitting in two: credit and jobs rise, exports lag
Montenegro’s 2026 start shows a familiar pattern—credit expansion, improving employment and resilient tourism are supporting domestic momentum, while exports continue to contract sharply. The result is…
Montenegro’s job gains in 2026 mask a deeper productivity test
Montenegro’s labour market strengthened at the start of 2026, with employment rising to 271,600 and unemployment falling to 8.99%. But the data also points to a…
Belgrade’s BG Voz to buy 30 CAF EMUs in €300m rolling stock push
BG Voz is moving ahead with a procurement deal worth more than €300 million for 30 new electric multiple units from CAF, aiming to raise capacity…
Montenegro’s early-2026 export slump spotlights energy risk and the limits of trade diversification
Early 2026 data show Montenegro’s exports falling sharply, with electricity shipments down 46.4% year-on-year and total exports down 32.7% to €29.2 million in January. The contraction…