Tag Archives: serbia
Serbia’s SEEPEX posts higher April day-ahead volumes as prices soften year on year
Electricity trading on Serbia’s SEEPEX day-ahead market rose in April 2026, with volumes up month on month. However, average prices—especially at peak—fell sharply versus the same…
NIS delivers higher Q1 2026 profit under US licensing limits and weaker refining volumes
NIS Group reported positive EBITDA of about €94 million and net profit of roughly €24 million in Q1 2026, despite operational constraints tied to short-term US…
Serbia’s economy shows signs of structural change as concentration rises and SMEs face pressure
Even as Serbia’s headline indicators point to stability and moderate growth, the economy is quietly becoming more concentrated. Rising costs, regulatory complexity, and tighter financing conditions…
Serbia’s macroeconomic stability looks intact, but external shocks are rising in importance
Serbia’s fiscal discipline, conservative monetary stance and well-capitalized banking system keep the macro picture steady. But the country’s equilibrium is increasingly tied to capital inflows, export…
EU alignment pressure rises for Serbia as reform credibility comes to the fore
Serbia’s EU path is moving into a tougher, more performance-based phase, with reform progress increasingly tied to funding access. For investors, the mix of technical alignment…
Serbia’s external gap set to widen as import dependence stays structural
Projections point to Serbia’s current account deficit widening to around 5.7% of GDP in 2026, underscoring a persistent mismatch between import demand and export capacity. While…
Serbia’s inflation shows signs of re-acceleration as energy and food costs shift
Inflation in Serbia has moved up to a four-month high, pointing to the start of a new pricing cycle driven by volatile energy costs, import pricing…
Serbia’s energy outlook turns uncertain as ownership talks and oil-price swings reshape risk
Serbia’s dominant oil and gas player, Naftna Industrija Srbije, is at the center of potential ownership change amid discussions involving MOL Group. The prospect arrives as…
Serbia’s growth momentum slows as external headwinds become more influential
After a post-pandemic rebound, Serbia is moving into a more constrained growth phase, with 2026 GDP forecasts clustering around 2.7%–2.8%. The moderation reflects weaker European industrial…
Serbia’s central bank becomes sole buyer of domestic Zijin gold as reserves surge
Serbia’s National Bank has taken a decisive step to channel domestically produced gold into reserves, buying 344 bars in 2025—about 4.3 tonnes—from the Zijin-linked Bor operation.…