(IN BRIEF) NORMA Group has secured the largest single project order in its history, a ten-year contract with a lifetime sales value of approximately EUR 157 million. The company will supply complex thermal management systems for future vehicle platforms of … Read the full press release
Posted in Automotive, Business, Electronics & Machinery, Germany, Industrial, Investment, Serbia, Technology
Tagged advanced fluid management systems, automotive applications, automotive supplier, Birgit Seeger, competitive technical solutions, complex customer requirements, coolant distribution, coolant transport, critical vehicle components, customer proximity, customer-oriented footprint, engineered systems, engineering capabilities, EUR 157 million lifetime sales value, European automotive customer, future vehicle platforms, Germany, global automotive customer, global manufacturing network, largest project order, long-term contract, Maintal, more than 100 thermal management variants, NewNORMA strategy, Norma Group, NORMA Group Secures EUR 157 Million Thermal Management Systems Contract, NORMA Group Strengthens Automotive Position With Major Long-Term Project Order, NORMA Group Wins Largest Project Order in Company History, Operational Excellence, production site in Serbia, profitable growth, Sales Push initiative, SERBIA, system variants, ten-year contract, thermal management systems, vehicle platforms, vehicle thermal management architecture
(IN BRIEF) Intesa Sanpaolo’s IMI Corporate & Investment Banking Division has been named Italy’s Best Investment Bank at the Euromoney Awards for Excellence 2026, recognising its leadership in the Italian investment banking market. The award highlights IMI CIB’s business model, … Read the full press release
Posted in Awards, Banks, Business, Croatia, Financial, Hungary, Investment, Italy, Serbia
Tagged advisory, AlexBank, Banca Intesa Beograd, banking awards, Best Investment Bank in Italy, Business Growth, capital markets, Carlo Messina, CIB Bank, corporate banking, Croatia’s Best Bank for ESG, Croatia’s Best Retail Bank, Egypt’s Best Retail Bank, Euromoney, Euromoney Awards for Excellence 2026, financial institutions, Global Finance, Hungary’s Best for Mortgages/Home Loans, IMI Corporate & Investment Banking Division, IMI Corporate & Investment Banking Wins Italy’s Best Investment Bank Honour, International Banks Division, international expansion, Intesa Sanpaolo, Intesa Sanpaolo Strengthens Investment Banking Leadership With Euromoney Award, Intesa Sanpaolo’s International Banks Division Also Honoured at Euromoney Awards 2026, Investment Banking, Italy’s Best Bank for Corporates, Italy’s Best Investment Bank, London, Mauro Micillo, Milan, Paola Papanicolaou, PBZ, Privredna Banka Zagreb, public finance, Serbia’s Best Bank, structured finance, sustainable growth, Transaction Banking
(IN BRIEF) Kapsch TrafficCom is expanding its tolling innovation activities in Serbia after successfully deploying its multilane free-flow Operian tolling system on the Belgrade ring road. The system went live on 1 April 2026 after less than five months of … Read the full press release
Posted in Austria, Business, Infrastructure & Utilities, Serbia, Transportation & Logistics
Tagged Austria, Belgrade ring road, Carolin Treichl, Dedicated Short Range Communication, DSRC, electronic tolling, Kapsch TrafficCom, Kapsch TrafficCom Builds on Belgrade Ring Road Deployment With New Tolling Innovation Trial, Kapsch TrafficCom Tests Next-Generation Lean Roadside Tolling Configuration in Serbia, lean roadside architecture, MLFF, mobility systems, multilane free-flow tolling, Operian, Orion Telekom, Public Enterprise Roads of Serbia, road infrastructure, roadside stations, SERBIA, Serbia Tolling Project Demonstrates Scalability of Kapsch TrafficCom’s Operian Platform, Serbian highways, toll system deployment, toll transactions, tolling infrastructure, transport technology, video-based vehicle classification, Vienna
(IN BRIEF) MOL Group has signed a Shareholders’ Agreement with the Serbian government covering the future governance of Naftna Industrija Srbije, as MOL continues negotiations with Gazprom Neft to acquire its 56.15% stake in the Serbian energy company. The agreement … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Government, Hungary, Infrastructure & Utilities, Investment, Law, Politics, Serbia
Tagged 56.15% stake, Board of Directors, Central and Eastern Europe, Dubravka Đedović Handanović, energy infrastructure, energy supply security, Gazprom Neft, governance framework, Hungary, logistics connections, majority shareholder, market supply, Ministry of Mining and Energy of the Republic of Serbia, MOL Advances Potential NIS Acquisition with Governance Agreement Covering Serbia’s Energy Supply and Pančevo Refinery, MOL Group Seeks to Strengthen Regional Energy Security Through Proposed Acquisition of Gazprom Neft’s NIS Stake Tags, Naftna Industrija Srbije, Names and Keywords MOL Group, negotiation licence, Niš, OFAC, Office of Foreign Assets Control, oil and gas, Pančevo refinery, Petrohemija, refinery operations, regional energy cooperation, RUSSIA, sales and purchase agreement, sanctions approval, SERBIA, Serbia and MOL Group Agree Future NIS Governance Framework as Gazprom Neft Stake Talks Continue, Serbian energy market, Serbian government, Serbian market, shareholders’ agreement, US Department of the Treasury, value-creating investments, Zsolt Hernádi
(IN BRIEF) ANDRITZ has been selected by Energotehnika Južna Bačka to supply ten turbines for the modernization of Serbia’s Vlasinske hydropower cascade, a project aimed at enhancing the performance and longevity of facilities that have been in operation since 1955. … Read the full press release
Posted in Austria, Energy, Gas & Oil, Industrial, Infrastructure & Utilities, Management, Serbia, Technology
Tagged Andritz, ANDRITZ Partners with Energotehnika Južna Bačka on Strategic Hydropower Modernization Initiative in Southern Serbia, electricity generation, Elektroprivreda Srbije, Energotehnika Južna Bačka, energy efficiency, energy infrastructure upgrade, European Bank for Reconstruction and Development, Francis turbines, hydropower modernization, installed capacity increase, Pelton turbines, power supply stability, renewable energy, Serbia energy sector, southern Serbia development, turbine manufacturing, Vlasinske hydropower plants, Vlasinske Hydropower Plants Set for Capacity Expansion and Efficiency Gains Through ANDRITZ Technology Deployment, Vrla River
(IN BRIEF) UniCredit has launched the next phase of its UniCredit for CEE initiative, committing more than €2.6 billion in financing solutions for micro, small and medium-sized enterprises across Central and Eastern Europe through 2027. The programme aims to expand … Read the full press release
Posted in Banks, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Financial, Hungary, Investment, Italy, Management, Romania, Serbia, Slovakia, Slovenia, Small Business, Society, Technology
Tagged Bulgaria Croatia Czech Republic Slovakia Hungary Romania Serbia Slovenia Bosnia and Herzegovina SMEs, Central and Eastern Europe SME financing, digital transformation SMEs, energy efficiency financing, European Bank for Reconstruction and Development, European Investment Bank, European Investment Fund, inclusive entrepreneurship financing, micro small medium enterprises funding, regional economic development CEE, SME guarantee programmes Europe, SME innovation financing, SME lending Europe, sustainable business investment Europe, Teodora Petkova, UNICREDIT, UniCredit Advances UniCredit Unlimited Strategy with Expanded SME Financing Initiative Across CEE, UniCredit Expands UniCredit for CEE Initiative with €2.6 Billion Financing Programme for Small Businesses, UniCredit for CEE, UniCredit Strengthens SME Support in Central and Eastern Europe Through Expanded UniCredit for CEE Programme, UniCredit Unlimited strategy, women led businesses Europe, youth entrepreneurship funding
(IN BRIEF) The EBRD is providing a €14 million loan to Farmalogist to build a new, energy-efficient logistics centre in Belgrade, with €1.2 million in concessional financing from the Global Environment Fund. The project will centralise and automate operations, significantly … Read the full press release
Posted in Banks, Financial, Industrial, Infrastructure & Utilities, Investment, Pharma & Biotech, Serbia, Technology, Transportation & Logistics, United Kingdom
Tagged automation, Belgrade, CERI, circular economy, Circular Economy Regional Initiative, EBRD, EBRD Backs Circular Economy-Driven Logistics Investment for Farmalogist in the Western Balkans, energy efficiency, European Bank for Reconstruction and Development, Farmalogist, GEF, Global Environment Fund, Green Economy Transition, Janko Radunovic, logistics centre, Matteo Colangeli, pharmaceutical distribution, renewable energy, SERBIA, supply chain modernisation, sustainable logistics
(IN BRIEF) EIB Global has signed a €10 million loan and a €1.3 million grant with Erste Bank Serbia to support small businesses and promote inclusive employment opportunities across the country. The initiative uses an innovative impact-based financing model, rewarding … Read the full press release
Posted in Banks, European Union, Financial, Investment, Luxembourg, News, Serbia, Small Business, Society
Tagged Economic Resilience Initiative, EIB Global, EIB Global and Erste Bank Serbia Partner to Promote Inclusive Jobs and SME Growth, EIB Global Funds €10 Million Initiative to Empower Serbian Businesses through Social Inclusion, ERI, Erste Bank Serbia, Erste Bank Serbia and EIB Global Launch Impact-Driven Financing to Support Equal Opportunities, European Investment Bank, financial inclusion, gender equality, impact financing, inclusive employment, Jasna Terzić, Robert de Groot, SERBIA, SMEs, social inclusion, Social Innovation, sustainable growth, Uxolo Award, Western Balkans, Youth employment
(IN BRIEF) CTP has successfully developed a state-of-the-art 18,000 sqm production facility for SCHOTT Pharma at CTPark Jagodina, Serbia, where high-quality glass ampoules for vaccines and medications will be produced. This facility is a significant addition to SCHOTT Pharma’s global … Read the full press release
Posted in Business, Environment, Financial, Government, Healthcare, Industrial, Infrastructure & Utilities, Investment, Management, Netherlands, News, Pharma & Biotech, Real Estate, Serbia, Technology, Transportation & Logistics
Tagged BREEAM certification, CTP, CTPark Jagodina, EU markets, glass ampoules, industrial property, logistics, manufacturing facility, partnership, real estate development, SCHOTT Pharma, SERBIA, Serbia’s economy, Skilled Workforce, supply chain, sustainability, sustainable construction, vaccines
(IN BRIEF) Heart Failure 2025, organized by the Heart Failure Association (HFA) of the European Society of Cardiology, will take place in Belgrade, Serbia, from May 17 to 20, 2025. The congress will feature over 80 scientific sessions, including Late-Breaking … Read the full press release
Posted in Business, Financial, France, Government, Healthcare, Industrial, Internet & Online, Investment, Management, Media, News, Science, Serbia, Technology
Tagged Belgrade, cardiology, clinical research, European Society of Cardiology, global healthcare events, healthcare professionals, Heart Failure 2025, Heart Failure Association, heart failure treatment, HFA Young, Immersive learning, late-breaking science, medical education, scientific congress
(IN BRIEF) The EBRD has provided a regional loan of up to €120 million to AFI Europe to fund its expansion in Serbia, Poland, Romania, and Czechia. The financing will support the development of AFI’s modern portfolio in central and … Read the full press release
Posted in Banks, Business, Czech Republic, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Poland, Real Estate, Romania, Serbia, United Kingdom
Tagged AFI Europe, AFI Properties Ltd, Anat Dafna, CEE, commercial properties, Corporate Climate Governance, Czechia, EBRD, EU Corporate Sustainability Reporting Directive, Green Economy Transition, green transition, housing challenges, partnership, Poland, private rented sector, real estate expansion, regional loan, residential, Romania, SERBIA, sustainability, sustainability certifications, Vlaho Kojakovic, €120 million
(IN BRIEF) The European Investment Bank (EIB Global) has committed €25 million to upgrade the air navigation control system in Serbia and Montenegro, a project aimed at enhancing safety, efficiency, and environmental performance. This investment will fund the development of … Read the full press release
Posted in Aviation & Aerospace, Banks, European Union, Financial, Infrastructure & Utilities, Investment, Luxembourg, Serbia, Technology
Tagged air navigation control system, air traffic management, connectivity, CO₂ reduction, Digital European Sky, EBRD, Economic and Investment Plan, EIB Global, EUROCONTROL, European Investment Bank, flight optimization, Montenegro, Operational Efficiency, Regional integration, SERBIA, Single European Sky, SMATSA, sustainable transport, Western Balkans, €25 million, €6.6 billion
(IN BRIEF) EIB Global, alongside the UNDP, the EU Delegation to Serbia, the Ministry of Environmental Protection, and the Association of Serbian Banks, co-hosted a conference to promote green transition financing in Serbia. The event emphasized the importance of establishing … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Serbia, Technology
Tagged Association of Serbian Banks, climate change, Damien Sorrell, Delegation of the European Union to Serbia, EIB Global, environmental policy, environmental protection, EU Green Agenda, EU sustainability standards, European Investment Bank, financial institutions, green finance, green investments, Green Projects, green transition financing, low-carbon economy, Ministry of Environmental Protection, partnership, SERBIA, Serbia green economy, sustainability, sustainable financing, Technical Assistance, UNDP, UniCredit Bank Serbia, United Nations Development Programme, workshops, Yakup Beris
(IN BRIEF) CTP has signed three major leases with Milšped, expanding their footprint to 105,000 sqm in Serbia. The new leases span CTP’s industrial parks in Belgrade, Niš, and Novi Sad, positioning Milšped to meet the growing demand for logistics … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Investment, Management, Netherlands, News, Serbia, Technology, Transportation & Logistics
Tagged Belgrade, CTP, CTP Serbia, CTPark Belgrade West, CTPark Niš, CTPark Novi Sad East, E-Commerce, flexible logistics solutions, GLA, industrial parks, industrial properties, international clients, international railway access, investment opportunities, Jagodina, Kragujevac, lease agreements, logistics, Manufacturing, Milšped, nearshoring, Nikola Tesla International Airport, Novi Sad, partnership, regional growth, SERBIA, Southeast Europe, strategic expansion, supply chain, sustainability, sustainable development, third-party logistics
(IN BRIEF) Savills has formed a strategic partnership with Cortina in Serbia to support its expansion in Europe. Cortina, based in Belgrade, offers a range of real estate services including transaction advice, valuations, and project management. This collaboration will strengthen … Read the full press release
Posted in Business, Financial, Government, Industrial, Investment, Management, News, Real Estate, Serbia, United Kingdom
Tagged Belgrade, capital, capital markets, CEE region, CEO, CEO Central and Eastern Europe, Cortina, CROATIA, Czech Republic, DDG Group, development consultancy, Filip Tomić, GDP growth, global network, International Monetary Fund, investors, James Sparrow, logistics, partnership, Poland, project management, real estate advisory services, residential sectors, Savills, Savills UK & EMEA, SERBIA, Stuart Jordan, transaction advice, valuations
(IN BRIEF) The European Investment Bank (EIB) has appointed Damien Sorrell as the new Head of its Regional Hub for the Western Balkans, succeeding Alessandro Bragonzi. Based in Belgrade, the hub supports Albania, Bosnia and Herzegovina, Kosovo*, North Macedonia, Montenegro, … Read the full press release
(IN BRIEF) The European Union, in partnership with EIB Global, Banca Intesa, and Intesa Leasing, has unveiled a €160 million financial package to support Serbian small and medium-sized enterprises (SMEs) and mid-sized companies. This initiative will fund green projects, renewable … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Serbia, Small Business, Technology
Tagged Banca Intesa, Darko Popović, EIB, Emanuele Giaufret, EU, Intesa Leasing, investment, JOBS, partnership, Robert de Groot, SERBIA, SMEs, sustainability
(IN BRIEF) The EBRD, with EU support, has launched the SME Go Green programme to finance green economy investments for small and medium-sized enterprises (SMEs) in Serbia and the Western Balkans. Starting with €120 million in funding, with plans to … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, European Union, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, News, Serbia, Small Business, Technology, United Kingdom
Tagged EBRD, EU, investments, Matteo Colangeli, Nicola Bertolini, partnership, SERBIA, SME Go Green Programme, sustainability
(IN BRIEF) Sanum per Fructus, a honey producer in Kragujevac, Serbia, is modernizing its operations by integrating digital technology while maintaining traditional beekeeping practices. Supported by the EBRD’s Youth in Business Programme, the company connects with local beekeepers through a … Read the full press release
Posted in Banks, Business, Financial, Investment, Serbia, Small Business, United Kingdom
Tagged Aleksandra Slavković, beekeepers, Bees, Central European Initiative, digital technology, EBRD, ecosystem health, environmental protection, European Union, honey production, INNOVATION, Italy, Kragujevac, Luxembourg, Mica Đorđević, pollination, quality assurance, Sanum per Fructus, SERBIA, sustainability, sustainable beekeeping, Sweden, tradition, Vladimir Milanović, Youth in Business Programme
(IN BRIEF) Feka Automotive, a prominent Serbian automotive lighting producer with ties to major global car manufacturers, including Toyota and Volkswagen, is set to undergo a significant expansion with the support of a €15 million loan from the European Bank … Read the full press release
Posted in Automotive, Banks, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Serbia, Technology, United Kingdom
Tagged automotive, EBRD, ENERGY, expansion, Feka Automotive, partnership, SERBIA, Stellantis, sustainability, Toyota, Volkswagen
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