EPS, Telekom, and NIS Dominate Serbia’s 2023 Economy

Top companies drive Serbia’s economic growth with increased revenues, profits, and workforce expansion in 2023

Elektroprivreda Srbije (EPS) ranked as Serbia’s top economic entity in 2023, leading in profitability, revenues, and financial capacities, despite holding the largest cumulative loss, according to the Serbian Business Registers Agency (APR).

It was followed by Telekom Srbija and Naftna Industrija Srbije (NIS), which also ranked high in assets and capital.

Serbia’s economic entities reported a 5.1% revenue increase, reaching 5.82 trillion dinars, with net profit rising 65.6% to 452.64 billion dinars. Employment also grew by 5,418 workers, totaling 331,551. Delta Holding retained the most affiliated entities (67), showcasing strong consolidation trends across major economic players.

Have a news tip or story to share? Email us at info@connectingregion.com

Photo sourceEPS/multimedia

Kraš Starts 2026 with Revenue and Profit Growth

Kraš Group reported €45.5 million in revenue in the first quarter of 2026, up 4.3% year-on-year, while net profit...

Delta Auto Group Brings Premium EV Brand AVATR to the Western Balkans

Delta Auto Group has signed a strategic partnership with Chinese premium electric vehicle brand AVATR at the Beijing International Automotive...

Tim Cook to Become Executive Chairman as John Ternus Named Apple CEO

Apple Inc. has announced a landmark leadership transition, confirming that Tim Cook will become executive chairman while John Ternus...

KONTEH Marks 20 Years Connecting Students and Tech Industry 

One of Serbia’s most prominent student technology events returns this March, celebrating two decades of linking academia with the...

Artificial Intelligence Set to Reshape Job Market in Serbia

The rapid development of artificial intelligence is expected to significantly reshape the labour market, with experts warning that certain...
spot_img

Connecting the Adria Region Decision Makers

The Region is more than a publication - it's where the region's elite converge for insights and opportunities