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Lack of employees and unpredictable business expenses main barriers for development of IT sector

In a survey conducted as a part of international “CITED” (Creating IT Environment for Development) program, managers of 66 IT companies in Serbia, predominantly micro enterprises and startups, listed 10 main business risks as a challenge for further development of their companies in in Serbia.

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Possible Reduction of Wage Tax and Contributions

After several announcements of Serbian Minister of Finance, Mr. Sinisa Mali, that the Ministry is currently working on calculations to see what is the available budget space for reduction of salary tax and contributions, BSN introduced key economic and financial organizations and the media with real levels of wage tax and contributions in the countries of Eastern and Southern Europe and Serbia.

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BSN and RCSEE members meeting held in Novatronic company, Novi Sad

“Production and placement of innovative and intelligent product on foreign markets” was the topic of RCSEE and BSN member meeting who gathered in Novi Sad to learn about the products of a member of Railway Cluster for Southeastern Europe (RCSEE), Novatronic company, that exports more and more of its products based on modern technologies (led info display) on the EU markets.

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Transport and energy as an axis of cooperation between EU and Balkans

On April 26, 2018, international conference “Transport and energy – connection between Western Balkans and the EU” was held in Belgrade. This important conference was initiated by Embassy of Bulgaria in Belgrade, as a part of activities of Bulgarian EU presidency.

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Purchasing Power Limits Growth of Serbian Economy

The meeting of international informal group of independent business consultants who follow macroeconomic trends in Southeastern Europe concluded that low purchasing power of Serbian citizens will be an important limiting factor for the growth of Serbian economy by 2025.