Tag Archives: serbia
Serbia’s trade deficit narrows in early 2026, but import contraction—not export momentum—does the heavy lifting
Serbia’s trade deficit shrank by about 24.9% to €936 million in January–February 2026 and export coverage of imports rose to roughly 85%. But the improvement largely…
Serbia’s industrial cost squeeze: refining disruptions, hydrology swings and CBAM pressure
Energy instability is again reshaping Serbia’s industrial outlook in 2026, with the PanÄŤevo refinery disruption feeding through manufacturing supply chains while hydropower volatility limits system resilience.…
Serbia’s infrastructure convergence accelerates as battery storage links solar, data centres and fibre networks
Serbia’s planned 1 GW solar programme paired with roughly €1.9bn of state-supported BESS financing is reshaping the country’s power market by adding dispatchability to renewables. That…
Serbia’s 1.9% growth in early 2026 looks steady—but the industrial picture is deteriorating
Serbia’s economy expanded by about 1.9% year-on-year in the first two months of 2026, with inflation at 2.5% and real wages rising 7.6%. But the momentum…
Serbia’s renewables boom is being shaped less by megawatts than by who funds them
Serbia has built a bankable renewable market in South-East Europe by relying on multilaterals and a consistent project-finance template, but the shift to auctions, solar and…
Serbia’s hydropower rebound eases supply stress, but structural power risks remain
A wetter start to 2026 has lifted Serbia’s hydropower output after the severe drought-driven shortfall of 2025, reducing immediate pressure on electricity supply. But the rebound…
Serbia’s factory-gate inflation stalls as energy costs ease, but demand weakness comes into focus
Early 2026 producer price data for Serbia points to near-stabilised factory-gate costs, with energy prices turning mildly deflationary. But flat prices alongside falling manufacturing output suggests…
Serbia’s renewables boom is being shaped by capital structure, not just megawatts
Serbia’s renewable buildout has progressed from wind-led, multilateral-anchored project finance to auction-backed deals where commercial banks are taking on more of the risk. The next financing…
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…