Industry
Serbia’s confectionery industry at €220 million as exports drive growth
Serbia’s confectionery sector produces about 140,000 to 160,000 tonnes of sweets, biscuits and chocolate annually, worth roughly €220 million. Around one-third of output is exported to…
Serbia’s industrial contraction in early 2026 highlights how automotive growth is masking broader structural weakness
Serbia’s industrial output fell 4.7% year-on-year in the first two months of 2026, even as motor vehicle production surged about 45%. The data point to a…
Serbia’s manufacturing divergence: automotive growth masks broader industrial weakness
In early 2026, Serbia’s industrial output is contracting overall, but automotive manufacturing is expanding sharply—driven by full-scale production at Kragujevac. The result is a more export-heavy…
Serbia and the SEE corridor: Mining returns increasingly hinge on processing, power and data
In South-East Europe, the mining investment case is shifting from pure extraction risk toward a wider infrastructure ecosystem. In Serbia, equity investors are focusing on midstream…
Holcim’s Obrenovac investment tests Serbia’s industrial strategy against local consent thresholds
The planned €110–112 million Holcim cement and materials processing platform in Ratari, within the Obrenovac municipality, was conceived as a model of Serbia’s industrial transition: a project…
European manufacturers in Serbia reposition as CBAM-ready export platforms
The introduction of the EU’s Carbon Border Adjustment Mechanism is not only reshaping the economics of Chinese exports to Europe. It is also quietly redefining the…
CBAM 2026 forces Chinese manufacturers to reprice Europe—Serbia emerges as a strategic export platform
The introduction of the EU’s Carbon Border Adjustment Mechanism (CBAM) in its definitive phase from 2026 marks a structural break in global manufacturing economics. For China-based exporters—particularly in steel,…
Serbia holds its position as the last major sugar producer in the region
Serbia has emerged as the last significant sugar-producing country in the Western Balkans, maintaining an industrial capacity that has largely disappeared across neighbouring markets. While countries in…
EU carbon border tax begins reshaping Serbia’s power exports and industrial competitiveness
The introduction of the European Union’s Carbon Border Adjustment Mechanism (CBAM) at the start of 2026 is already materially altering the economics of Serbia’s export model, with the…
Serbia sets aside €5.17 billion for public debt servicing in 2025 as financing pressures rise
Serbia plans to spend about €5.17 billion on servicing its public debt in 2025, a major outlay driven by both principal repayments and interest. The burden…