Monday, 17th March 2025

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Articles

Nelt Appoints Nenad Miščević as Vice President for Serbian Market

Nenad Miščević has been appointed as the new Vice President for Nelt's Serbian market and will also join the Executive Board of the Nelt...

Petrol Group Hits Historic Profit

In a remarkable feat of financial resilience, Slovenia’s Petrol Group has reported its highest-ever net profit of €146 million for 2024, a 7% increase...

Montenegro Sees Surge in Foreign Yachts

In 2024, Montenegro’s crystal-clear waters played host to a record 4.69 thousand foreign vessels, according to new data from the country’s statistical office, Monstat. These...

Why Starbucks Misses Croatia’s Brew

Despite operating in over 80 countries, global coffee giant Starbucks has yet to set foot in Croatia, where the local coffee culture runs counter...

Green Agenda Drives Change in Balkans

The Western Balkans stands at a crossroads, where environmental challenges threaten both its natural heritage and future prosperity. However, a fresh wave of international funding...

Germany’s Supplier Initiative Opens Doors for Balkan

Germany is once again offering a golden opportunity to small and medium-sized enterprises (SMEs) across the Balkans through its supplier initiative, which has been...

Croatian Innovation Powers Porsche 911 Hybrid

Porsche has unveiled its first hybrid 911, a milestone for both the legendary sports car and the Croatian tech scene. Beneath its sleek bonnet, automotive...

A Historic Triumph for Montenegro’s Vina Plantaža

Vina Plantaža, Montenegro’s flagship winery, has achieved a monumental victory at the prestigious Mundus Vini Spring Tasting 2025 in Neustadt, Germany, securing an impressive...

Switzerland Boosts Bosnia’s EU Path

Switzerland has committed a significant €60 million (120 million BAM) to Bosnia and Herzegovina (BiH) for the period 2025-2028, marking a continued and deepened...

EU Enlargement Commissioner Marta Kos Visits Albania

Marta Kos, the EU Commissioner for Enlargement, embarks on her inaugural visit to Albania from March 12-14, a trip that holds significant weight for...

TIK Acquired by Plastiflex in Strategic Deal

TIK, a prominent Slovenian producer of single-use medical devices, has been acquired by Plastiflex, a multinational leader in the development and production of tube...

European Parliament Opens Office in Tirana

In a bold move to solidify its presence in the Western Balkans, the European Parliament has announced the opening of an office in Tirana,...

Novotel to Open First Hotel in Croatia

In a significant move for the Croatian hospitality scene, Novotel is set to unveil its first hotel in Croatia this May. The new establishment, Novotel...

Rogla Ski Resort Sold for Revamp

Slovenia's Rogla Ski Resort and Terme Zreče wellness center are on the cusp of a major transformation after being sold to the private investment...

Montenegro’s Summer Job Opportunity 2025

Montenegro's annual "Summer Job 2025" fair has emerged as a crucial platform for young people eager to step into the workforce. With youth unemployment hitting...

American Firms Flourish in Croatia

American companies in Croatia are thriving. According to the American Chamber of Commerce (AmCham), 64% of companies saw better results in 2024 than in...

KONČAR and Croatian Paralympic Committee Strengthen Partnership

In a momentous step towards inclusivity and support for athletes with disabilities, KONČAR, a leading Croatian company, has officially renewed its sponsorship of the...

Air Montenegro Soars to New Heights

In a striking testament to its revitalization, Air Montenegro has reported record-breaking results for February, demonstrating a significant rebound in its operations. The airline carried...

Serbia Seeks Global Expansion at International Trade Fairs

Serbia is stepping up its global trade presence with 36 companies participating in three major international fairs this week. The Serbian Chamber of Commerce (PKS)...

Bosnia’s Reserves Fall, Annual Growth

Bosnia and Herzegovina’s foreign reserves experienced a modest decline at the end of January, dropping by 380 million KM to a total of 17.26...

Massive Cyberattack Strikes X Network

Elon Musk’s social media platform, X, formerly known as Twitter, was hit by a massive cyberattack today, leaving thousands of users scrambling to access...

A New Era for Croatian Transport

After nearly two decades of construction, Croatia's section of the long-awaited Corridor Vc is set to open this June, marking a historic milestone for...

Pogačar’s Heroic Return to Triumph

Tadej Pogačar delivered a performance for the ages on March 8, overcoming a dramatic crash to clinch his third Strade Bianche victory, further solidifying...

Serbia’s Foreign Investment Boom Faces Uncertainty

Serbia’s economic landscape has witnessed a striking surge in foreign direct investment (FDI), with a record $5.8 billion flowing into the country in 2024,...

Bosnian Cable Giant’s Global Expansion

In a significant move, TT Kabeli, a leading Bosnian cable manufacturer, has announced a €100 million investment in a new plant in Croatia. The expansion,...

Telekom Slovenije Marks Strong Growth

Telekom Slovenije, the country's national telecommunications giant, has reported a robust 17% rise in net profit for 2024, reaching €55 million. Revenues climbed by 2%,...

Bosnia’s Agricultural Deficit

Bosnia and Herzegovina’s agricultural sector recorded a trade deficit of approximately four billion KM last year, a stark indicator of its ongoing struggles. Slaviša Ćeranić,...

The Rich Tapestry of Croatian Month Names

In Croatia, the names of the months are a beautiful testament to the nation’s history and relationship with nature. Unlike much of Europe, where months...

Montenegro Stock Market Faces Significant Decline

The Montenegro Stock Exchange (Montenegroberza) saw a steep drop in trading activity during February, with total transactions reaching a mere €142,700 — a staggering...

Temu and Croatia Post Collaborate

Temu, the fast-growing global e-commerce platform, has announced a strategic partnership with Croatia Post, the country’s leading postal service provider, in a bid to...

Kopaonik Business Forum Concludes Successfully

The 32nd Kopaonik Business Forum wrapped up its four-day proceedings, attracting over 1,600 participants from diverse sectors. With a programme of 38 panels and multiple...

Adidas Cuts 500 Jobs Amid Restructuring Push

Adidas, the iconic sportswear brand, has announced plans to axe up to 500 jobs, primarily at its Bavarian headquarters in Herzogenaurach. This move is part...

Zagreb’s Festival of Light Returns

Zagreb is set to enchant visitors once again with its beloved Festival of Light, returning from 19 to 23 March 2025. This five-day event will...

Enghouse Acquires Slovenian Mobility Firm Margento R&D

In a bold move to strengthen its footprint in the rapidly evolving world of mobility and digital payments, Canadian software and services titan Enghouse...

Slovenia Shines at ITB Berlin

At the prestigious ITB Berlin, Slovenia’s tourism representatives have unveiled the nation’s artistic and cultural treasures to the world. The Slovene Tourist Organization (STO) and...

Tuzla’s Bold Urban Transformation

Tuzla, a city known for its industrial past, is on the verge of a dramatic transformation. The city’s “Kreka – Jug” district, located near the...

New DME Systems to Enhance Navigation at Montenegrin Airports

In a significant leap for aviation safety and efficiency, the installation of new Distance Measuring Equipment (DME) devices has commenced at the Montenegrin airports...

Air Serbia Achieves Historic Milestone

Air Serbia, the national carrier of Serbia, has reached an extraordinary milestone, transporting over half a million passengers in January and February 2025. This significant...

Dubrovnik’s Historic Gradac Park Revitalized

Dubrovnik’s iconic Gradac Park, the city’s oldest and largest, is embarking on an ambitious renovation, with a €4.4 million investment aimed at reviving its...

Michele Castoro Takes Helm of Italian Business Association in Bosnia-Herzegovina

Michele Castoro, the President of the Board of Directors at Intesa Sanpaolo Bank in Bosnia and Herzegovina (BiH), has been appointed as the new...

Span Group Sees Explosive Growth in 2024

Span Group, a rising star in the European tech sector, has announced impressive results for 2024, with revenues reaching €182 million—up 26% from the...

A Bold Vision for the Western Balkans

At the 2025 Kopaonik Business Forum, Marko Čadež, president of the Serbian Chamber of Commerce, proposed a groundbreaking idea for the Western Balkans: the...

Montenegro’s Telecom Investment Drives Growth

Montenegro's telecommunications sector has seen a notable surge in investment, with operators pouring €80.87 million into electronic communication networks and services last year, marking...

Montenegro’s Highway Link to Open by 2030

Montenegro's ambitious motorway project is set to reach another major milestone with the completion of the second section, stretching from Mateševo to Andrijevica, expected...

Makarska Revives Old Town Business

Makarska, a coastal gem in Croatia, is once again breathing life into its historic heart. Through the “Lokale u Kale” programme, the city is providing...

Bar Municipality Allocates €100,000 for Women Entrepreneurs

In a significant move to promote female entrepreneurship, the Municipality of Bar has announced a €100,000 fund for 2025, aimed at supporting local women...

VODAVODA and Gorki List Rise from Serbia to Global Prominence

Serbia's VODAVODA and Gorki List have quietly risen to become formidable players on the international stage. As VODAVODA celebrates its 20th anniversary, it has expanded...

Nika Prevc Claims Gold in Trondheim

At just 19, Slovenian ski jumper Nika Prevc has firmly cemented her status as one of the sport’s brightest stars. With a flawless performance in...

Slovenian President Appoints New Foreign Policy Adviser

Slovenian President Nataša Pirc Musar has appointed Damjan Bergant as her new foreign policy adviser, following his tenure as ambassador in Belgrade. Bergant, who has...

Valamar’s Ambitious Growth Plan

Valamar, Croatia’s leading hospitality group, has posted impressive double-digit growth in both revenue and operational profit for 2024, achieving €417 million in revenue—up 12%—and...

Budva’s Ambitious Infrastructure Overhaul

In a bold move to revamp the city's infrastructure, the Municipality of Budva has unveiled plans to invest over €21 million in 2025, marking...

Kopaonik Business Forum Kicks Off

The 32nd Kopaonik Business Forum, often dubbed the "Serbian Davos," opened with a bold vision for Expo 2027, presenting it as a gateway to...

M:tel Holds Strong as Montenegro’s Mobile Market Leader

In January, Montenegro’s mobile phone market saw 1.38 million subscribers—a 2.26% drop from December, yet a notable 5.84% increase year-on-year, according to the latest...

Erste Group Sees Strong 2024 Growth

Erste Group Bank AG delivered a robust performance in 2024, posting an operational result of €5.9 billion, up 6.6% year-on-year, reflecting strong growth in...

Atlantic Grupa Breaks Milestone

Atlantic Grupa has achieved a historic milestone, surpassing €1 billion in revenue for the first time, with a total of €1.08 billion in 2024,...

Major Investment to Revitalize Komiža’s Fishing Port

Komiža, a picturesque fishing village on the island of Vis, is set for a transformation that will strengthen its economy and safeguard its fishing...

Porsche to Launch New Battery Factory in Sveta Nedelja

In a significant step towards revolutionising electric mobility, Porsche has chosen Sveta Nedelja, a town near Zagreb, for a state-of-the-art battery factory. This development marks...

Crnogorski Telekom Sees Record Investment and Growth in 2024

Crnogorski Telekom has maintained its impressive growth streak in 2024, continuing a four-year upward trajectory in both revenue and operational profit. The company reported a...

BH Telecom Achieves Record-Breaking Revenues

In an impressive demonstration of resilience and strategic vision, BH Telecom has reported record-breaking revenues and profits for 2024, reaffirming its dominant position in...

LG Unveils Revolutionary Home Appliances at KBIS 2025

At the KBIS 2025, LG Electronics unveiled its latest array of home appliances, cementing its reputation as a leader in efficiency and innovation. Highlighting the...

AmCham Serbia Welcomes New Board Members and Unveils Ambitious Plans for Economic Transformation

AmCham Serbia has begun 2025 with optimism, highlighting the election of two new members to its Board of Directors: Ana Drašković from VISA as...

Ohrid Property Prices Surge

Ohrid, the jewel of Macedonia's lakeside, is experiencing a property boom that’s breaking all records. As foreign buyers flock to the area, prices for new...

Strengthening Maritime Ties between Croatia and Montenegro

In a landmark meeting between Montenegro’s Minister of Maritime Affairs, Filip Radulović, and Croatia’s Minister of the Sea, Transport, and Infrastructure, Oleg Butković, both...

Apatin Brewery Earns Prestigious “Top Employer”

In a significant achievement, Apatin Brewery has once again been recognised as one of the world’s best employers, receiving the "Top Employer" certification both...

Dončić Delivers Triple-Double in Victory Over Mavericks

In a thrilling contest on February 25th, Luka Dončić etched his name into Lakers’ lore, recording a 19-point, 15-rebound, and 12-assist triple-double to power...

Croatia’s Olive Oil

Croatian olive oil has earned a reputation as the most expensive in the European Union, and by a significant margin. In December, the price of...

OTP Bank Brings eGovernment Closer to Citizens

In a major leap forward for digital public services in Serbia, OTP Bank has launched a cutting-edge service allowing its customers to access the...

Germany Confirms Participation in EXPO 2027

Germany has officially confirmed its participation in EXPO 2027, an event set to take place in Belgrade under the theme “Play for Humanity: Sport and...

Australian Businessman Expands Scenic Fleet

In a significant boost to Rijeka’s shipbuilding industry, Australian businessman Glen Moroney, owner of Scenic Group, has unveiled plans for an even larger, more...

Slovenia’s Business Confidence Sees Rise

Business confidence in Slovenia rose by 0.3 percentage points in February, reaching -2.2, according to the latest data from the Statistical Office. While the increase...

EIB Global Provides €693 Million to the Western Balkans in 2024 

EIB Global, the financial arm of the European Investment Bank (EIB), provided €693 million in loans and grants to the countries of the Western...

Zrinka Ljutić Closes In on World Cup Slalom

In a dazzling display of precision and bravery, Croatia’s Zrinka Ljutić secured second place in Sunday’s slalom at Sestriere, Italy, propelling her to the...

Nikšić Set for Transformation with Big Fashion Mall

Nikšić, a town in Montenegro often overlooked on the global map, is poised for a major transformation. At the 46th International Tourism Fair in Belgrade,...

Montenegro’s Health Tourism Renaissance

In a significant move for the Montenegrin health tourism sector, the shareholders of the "Dr Simo Milošević" Institute in Igalo have approved a comprehensive...

Dubrovnik to Host Pioneering Women’s Summit on Innovation and Sustainability

In celebration of International Women's Day, the city of Dubrovnik is gearing up to host its first-ever Dubrovnik Women Summit on March 7, 2025,...

Terme Olimia Soars with Record Revenue

In 2024, Terme Olimia, the celebrated Slovenian thermal spa group, surpassed a milestone of €50 million in revenue, marking a 5.4% increase from the...

Zadar Airport’s Ambitious Expansion Begins

Zadar Airport, one of Croatia’s rapidly growing transport hubs, is embarking on a major transformation that promises to reshape its future. The airport is set...

Radisson Unveils First Resort in Montenegro

In an exciting leap into the Balkan tourism scene, Radisson Hotel Group has announced the launch of its first resort in Montenegro, Radisson Resort Ruža...

Luka Koper Sees Record-Breaking Profits

Luka Koper, Slovenia's only commercial port operator, has reported a 7% increase in net profit for 2024, reaching €60 million. This growth is largely attributed...

Bosnia and Herzegovina’s Tourism Boom

In 2024, Bosnia and Herzegovina witnessed an unprecedented surge in tourism, with visitor numbers up by 31.67% and overnight stays rising by 25.03%. The once...

Renault to Produce Affordable Dacia Electric Car in Slovenia

In a strategic move to secure its place in the increasingly competitive electric vehicle (EV) market, Renault has announced that its Slovene subsidiary, Revoz,...

China-backed Solar Project Powers Croatia

In a significant leap for Croatia’s renewable energy ambitions, a consortium of two Chinese companies has been awarded the contract to build and operate...

Slovenian Startups Explore UAE Market

A select group of Slovenian startups recently ventured to Dubai, looking to capitalise on the vast opportunities in the UAE market. Organised by the Slovenian...

Croatia and Egypt Forge New Partnership

Croatia and Egypt are taking their partnership to new heights following the signing of a strategic agreement between the ports of Rijeka and Alexandria. The...

Bar Municipality Boosts Agriculture with Grants

In a major move to strengthen its agricultural sector, the municipality of Bar has allocated €150,000 in support of local farmers for 2025. The funding,...

Nestlé’s Two Decades of Growth in Serbia

Nestlé, the global food and beverage giant, marks its 20th anniversary in Serbia this year, cementing its position as a key player in the...

The High Price of Super Bowl Fame

The Super Bowl isn't just a battle of football titans—it's the ultimate battleground for advertisers, with a 30-second slot now fetching an eye-watering $8...

Serbia’s ICT Sector Hits Record Export Growth

In 2024, Serbia’s information and communication technology (ICT) sector reached an all-time high, with export revenues soaring to €4.13 billion. This represents a 20% year-on-year...

Nelt Group Invests €1.6 Million in BiH

Nelt Group, one of the leading business systems in the Adria region, has invested €1.6 million in expanding its regional distribution centre in Bijeljina,...

Bar’s Tri Kule District Revamp

The Municipality of Bar is embarking on a significant urban facelift with the commencement of works in the area surrounding the Tri Kule buildings,...

Serbia’s Tourism Industry Showcases Innovation and Tradition

Serbia’s thriving tourism sector takes centre stage at the 46th International Tourism Fair and the 20th HoReCa Equipment Fair at the Belgrade Fair from...

Croatian Coins Celebrate Tradition

In a breathtaking tribute to Croatia’s living heritage, the Croatian Mint, in collaboration with the National Bank of Croatia, has launched an exclusive collection...

Slovenia Launches New Retail Bonds

The Ministry of Finance in Slovenia is preparing a second retail bond issuance this March, following the success of last year's debut. In February 2024,...

Slovenian Firms Explore US Market

At a recent conference in Washington, Slovenian Ambassador Iztok Mirošič told business leaders that, regardless of the political climate, Slovenia must continue fostering strong...

New Direct Flight Tivat – Barcelona

In a press conference today, Roko Tolić, Executive Director of Airports of Montenegro, announced the launch of a direct flight from Tivat to Barcelona...

Strengthening Southeast Europe’s Logistics

In an ambitious move to transform logistics in Southeast Europe, Nelt Group and Rail Cargo Logistics have announced a deepening of their strategic collaboration. With...

Serbia Shines at Gulfood 2025

At the heart of the world’s food trade, Serbia is making waves at Gulfood 2025 in Dubai, with 22 of its finest companies taking...

Sir Tom Jones to Rock Pula Arena

Sir Tom Jones, the powerhouse Welsh vocalist whose career spans over six decades, will return to Croatia this summer for a highly anticipated performance...

Osijek-Baranja County to Become European Wine Capital in 2025

In a prestigious ceremony held in Mostar on Monday evening, Osijek-Baranja County was officially named European Wine Capital for 2025, an accolade bestowed by...

Končar Unveils World’s First Battery-Powered Regional Train

In a significant move towards sustainable transport, Croatian engineering giant Končar has unveiled its revolutionary fully battery-powered regional train, which is poised to make...

Universal Capital Bank Leads Green Finance at ESG Adria Summit

In a significant move, Universal Capital Bank (UCB) has become a platinum partner for the third ESG Adria Summit, set to take place from...

Ljubljana’s Summer Flights Expand to 26 Destinations

Ljubljana Jože Pučnik Airport is set for a bustling summer season, with 26 destinations accessible through 27 routes from March 30. This year marks a...

€19.5 Million Boost for Perna Port to Enhance Regional Connectivity

The Croatian Ministry of Sea, Transport, and Infrastructure has allocated €19.5 million for the modernisation of Perna Port, a crucial transport hub in Orebić. Funded...

Belgrade to Host First Regional Business Summit

In a landmark event for Southeast Europe’s business community, Belgrade will welcome the First Regional Summit of Business Associations on 20 February 2025, at...

Slovenia Hit by EV Shutdown

In a move that sent shockwaves through Slovenia’s tech landscape, Swiss conglomerate Landis+Gyr announced the immediate liquidation of its electric vehicle (EV) charging division,...

Voli Warns Boycott Could Harm Local Agriculture

In a strong letter to local farmers and partners, the Montenegrin retail chain Voli has raised concerns over the economic consequences of the upcoming...

Bosnia’s Gas Future Amid Challenges

Bosnia and Herzegovina stands at a crossroads in its energy journey. Natural gas, a key resource in the country’s energy mix, offers hope for a...

Croatia Airlines Soars with New Five European Destinations

Croatia Airlines is set to elevate its presence in European skies with the launch of five new routes from Zagreb: Milan Malpensa, Prague, Bucharest,...

New Leadership Elected at FIC Serbia

The Foreign Investors Council (FIC) of Serbia has appointed a new leadership team, signaling a fresh direction for the body representing over 120 global...

DM Prioritizes Employee Wellbeing

DM drogerie markt has started the new year with a bold move to improve the lives of its employees, announcing an average pay rise...

Medis Triumphs with German Economic Award

Medis, a Slovenian company known for distributing innovative medicines and medical devices, has been honoured with the 2025 German Economic Award, presented by the...

Hotel Igalo Sold for €11 Million Amid Worker Concerns

In a tense atmosphere, Hotel Igalo, once a prized asset of Vektra Boka, was sold at a public auction for €11.3 million, well below...

Montenegro Advances Green Energy with Hyundai and UGTR Renewables

In a landmark step towards a sustainable future, representatives from Elektroprivreda Crne Gore (EPCG), Hyundai, and UGTR Renewables met this week to strengthen their...

The Bristol Belgrade’s Grand Return

After over two and a half years of meticulous restoration, the legendary Bristol Hotel reopens its doors, blending its rich heritage with contemporary comforts...

NLB Bank Unveils Renovated Branch in Nikšić

NLB Bank’s newly renovated Nikšić branch represents more than just a facelift. Situated at Novak Ramova Street, the space blends sleek modern design with the...

Zagrebačka Bank Maintains Consistent Growth

Zagrebačka banka (Zaba) has reported a robust net profit of €450 million for 2024, maintaining the same level as the previous year. The Croatian...

The Battle for Addiko Bank

In a dramatic turn in Austria's banking sector, the fight for Addiko Bank, once part of Hypo Alpe Adria, has reignited after a period...

Montenegro Powers Up with Masdar for Renewable Energy Future

Montenegro is emerging as a regional leader in renewable energy, leveraging its natural resources and new legal frameworks aimed at attracting green investments. Prime Minister...

Croatia Launches First Autonomous Vehicle Factory

Croatia’s ambition to lead the future of transportation is taking shape with the construction of the region’s first autonomous vehicle production facility in Lučko,...

Trump’s Steel Tariffs Spark Trade Storm

Donald Trump’s plan to impose 25% tariffs on steel and aluminium imports is set to rattle key trading partners, with Canada bearing the brunt. As...

Baltic States Achieve Full EU Power Grid Integration

The Baltic states—Lithuania, Estonia, and Latvia—have successfully completed their integration into the European electricity grid, disconnecting entirely from Russia’s power network. This marks a major...

Slovenia a Virtuoso Luxury Travel Hotspot for 2025

Slovenia has earned a place on Virtuoso's prestigious list of the world's top luxury experiences for 2025, hailed as a "rising European jewel" and...

Benetton Closes Niš Factory

In a blow to the local economy, Benetton has confirmed the closure of its only Serbian factory in Niš, leaving over 900 workers facing...

Istarski Pršut Faces an Uncertain Future

In the sun-drenched hills of Istria, Croatia’s cherished Istarski pršut, a delicacy protected by European PDO (Protected Designation of Origin), faces an uncertain future. With...

Schneider Electric Retains Top Spot in Canalys’ Sustainability Matrix

Schneider Electric has once again secured its place at the pinnacle of the "Leadership Matrix in Global Sustainable Ecosystems" by Canalys, joining industry giants...

Breathe in Croatia’s Healing Honey Air

Nestled in Croatia’s enchanting Gacka Valley, OPG Bronzi Bee offers a singular experience for both the eco-conscious and those seeking natural wellness. Founded by Marinko...

Young Serbs Champion Renewable Energy

A groundbreaking study reveals that Serbia’s youth overwhelmingly support the green transition, with 90% advocating for a shift towards renewable energy. Solar energy tops their...

Nova Gorica and Gorizia Bridge Borders as European Capitals of Culture

In a vibrant display of unity, Nova Gorica in Slovenia and Gorizia in Italy launched their year as the first-ever transnational European Capital of...

Croatia Brings Live Climate Experience to Japan

In a groundbreaking move, Croatia is set to showcase the dynamic range of its climate at the upcoming EXPO 2025 in Osaka, Japan. The country's...

Novak Djokovic Mediates Effort to Revive Sveti Stefan

In a move that underscores his commitment to Montenegro's long-term interests, Novak Djokovic has offered his assistance to resolve the ongoing closure of the...

SBB Foundation Champions Culture in Kragujevac

In a heartening move to support both culture and connectivity, SBB Foundation has donated its internet and television services to the Student Cultural Centre...

Lidl Supports Biodiversity at Palić and Ludaš Lakes with Major Donation

In a commendable move for environmental conservation, Lidl Serbia has donated 850,000 dinars to the Palić-Ludaš public enterprise, supporting the protection of the delicate...

Croatia Secures €2 Billion Eurobond

In a significant move on Tuesday, Croatia successfully launched a €2 billion eurobond on the international capital markets, with a maturity date set for...

DARS Reports Record Revenues in 2024

Slovenian motorway operator DARS has posted record revenues of €583 million for 2024, marking a 7% rise from the previous year. The surge is largely...

Novartis Unveils Groundbreaking Gene Therapy Facility

In a landmark development for the biotech industry, Novartis has inaugurated its first European facility dedicated to the production of viral vectors in Mengeš,...

Hyatt Regency Kotor Bay Elevates Montenegro’s Luxury Tourism

The opening of Hyatt Regency Kotor Bay marked a significant milestone for Montenegro’s tourism, showcasing the nation’s rise on the global luxury travel stage. Under...

Reforming Montenegro’s Public Sector

In Montenegro, the ballooning costs of the public administration are under scrutiny, with calls for significant reform to enhance the country’s economic efficiency. The Union of...

EBRD Invests €151 Million to Boost North Macedonia’s Green Economy

In 2024, the European Bank for Reconstruction and Development (EBRD) invested €151 million into 13 key projects in North Macedonia, driving the country’s economic...

Davor Bruketa Puts Croatia on the Global Design Map

Davor Bruketa, a visionary in the design world, has made history as the first Croatian designer to be included in the Red Dot Design...

Revoz Set to Begin Production of Nissan’s Electric Pixo

Revoz, Renault’s Slovenian subsidiary, is preparing to launch the production of the revamped electric Twingo in 2026, but the plant’s future is set for...

Serbia’s Dual Education Model Expands with 400+ Employers

Serbia’s dual education model, which combines classroom learning with hands-on experience, is gaining traction among employers, with over 400 companies now signed up to...

Adriatic Bank Launches Montenegro’s First Mastercard World Elite Card

Adriatic Bank has made a bold statement by launching Montenegro's first-ever Mastercard World Elite card, setting new benchmarks for premium banking services. Aimed at affluent...

EBRD & EU Aid Flood-Hit Businesses in Bosnia and Herzegovina

In the wake of the devastating floods that ravaged Bosnia and Herzegovina in 2024, the European Bank for Reconstruction and Development (EBRD) has partnered...

Aleph Named TikTok’s Exclusive Sales Partner in Eastern & Baltic Markets

In a strategic move to further consolidate its presence in Central and Eastern Europe, TikTok has appointed Aleph as its exclusive sales partner across...

Volkswagen Leads Croatia’s Auto Market in January 2025

In January 2025, Volkswagen emerged as the leading brand in Croatia’s automotive sector, capturing a market share of 12.3% with 548 units sold. This performance...

UniCredit Bank Breaks New Ground with Mastercard Touch Card™ for the Visually Impaired

In a pioneering move, UniCredit Bank, in collaboration with Mastercard, has introduced the Mastercard Touch Card™, a groundbreaking initiative aimed at empowering Serbia’s 12,000 visually...

Infobip Enters Japan’s Competitive Telecom Market

In a landmark move that signals its global ambitions, Croatian tech giant Infobip has secured a strategic partnership with NTT Com Online Marketing Solutions...

The 46th Belgrade Tourism Fair

The 46th International Tourism Fair, set to run from February 20-23, 2025, at the Belgrade Fair, promises to be the region’s premier tourism event. Under...

Montenegro Joins SEPA for Faster, Cheaper European Transfers

Montenegro is poised to make a monumental stride in its economic integration with the European Union. As of October 5, 2025, the country’s banks will...

Exceptional Start for Sarajevo International Airport in 2025

Sarajevo’s International Airport has made an impressive start to the year, marking a significant milestone in January 2025. With 116,283 passengers passing through, the airport...

Montenegro Expands ‘Montenegro Quality’ Certification

The country’s National Tourism Organisation (NTO CG) is inviting businesses across the hospitality and tourism sectors to apply for its prestigious ‘Montenegro Quality’ (MQ) certification,...

Albania’s Tirana-Durrës-TIA Railway Nears Completion

Albania is on the brink of a major transportation upgrade as the Tirana-Durrës-Tirana International Airport (TIA) railway nears completion. With 80% of construction finished,...

Croatia’s Industrial Shift Sees Fewer Jobs but Rising Productivity

Croatia’s industrial sector is grappling with unexpected challenges - while the number of jobs decreases, productivity continues to rise. According to the latest data from...

International Workplace Group Expands Across Serbia

As demand for hybrid workspaces surges, IWG opens cutting-edge centres in Belgrade and Niš, catering to the evolving needs of businesses and workers in...

Luka Dončić Joins Lakers in Stunning Trade

In an unexpected twist that has left the basketball world reeling, Slovenian superstar Luka Dončić has made a dramatic move from the Dallas Mavericks...

The Hermitage Days in Belgrade

Belgrade is set to host the second edition of the Hermitage Days from February 19–23, 2025, marking a rare international cultural collaboration. Organized by the Hermitage Museum...

Croatia Strengthens Diplomatic and Economic Ties with Qatar

In a bid to bolster Croatia’s political and economic footprint on the global stage, Foreign Minister Gordan Grlić Radman and Minister of Economy Ante...

Lokanda Hotel Project Signals Promise for Montenegro’s Public-Private Partnerships

Since Montenegro’s Public-Private Partnership (PPP) Law came into effect in 2020, the ambitious renovation of the "Lokanda" hotel in Cetinje stands as its flagship...

Croatia’s Stillvil Sets a New Standard with Four-Day Workweek

In a groundbreaking move, Croatian company Stillvil has implemented a four-day workweek, defying industry norms. The brainchild of Vanja Šuvak, Stillvil's owner, this initiative was...

Empowering Sustainability in the Balkans

In a landmark move to advance sustainable practices across the Western Balkans, the newly established Western Balkans ESG Foundation has unveiled its ESG Academy. Launched...

Slovenian Pharmaceutical Giant Krka Sees Record Growth

Slovenian pharmaceutical leader Krka has marked a standout year in 2024, reporting a 13% rise in net profit to €353.4 million and achieving record...

New Hotel and Business Hub Coming to Zagreb Airport

Zagreb Airport is embarking on an ambitious expansion, underpinned by a €40 million investment to build a state-of-the-art hotel within the airport complex. With passenger...

The Third Edition of the Sarajevo Energy Forum 2025

The third edition of the Sarajevo Energy Forum (SEF 2025) kicks off today, positioning itself as a pivotal event for tackling pressing energy challenges...

Montenegro’s €74,000 Salary Stands Out in November Payrolls

In November, Montenegro’s payroll data revealed a stark contrast between the highest earners and the broader workforce. According to the Tax Administration, the top gross...

NLB Bank Montenegro Expands Board with New Appointments 

NLB Bank has strengthened its leadership with the appointment of two new board members, Marko Čelebić and Zarija Milić, following regulatory approval from the...

Croatian Companies Set to Seize Opportunities in Saudi Arabia’s Tech-Driven Future

As Saudi Arabia accelerates its ambitious Vision 2030, aiming to pivot towards a knowledge-driven economy, Croatian companies are positioning themselves to tap into this...

Slovenia’s Bold Plan to Revamp its Startup Ecosystem by 2030

A bold new strategy to establish Slovenia as one of Europe’s leading startup ecosystems by 2030 is stirring both excitement and caution. At the Slovenian...

Montenegro Launches €9 Billion Infrastructure Revolution

Montenegro is embarking on a transformative €9 billion programme to overhaul its transport infrastructure, a move that promises to redefine its connections within the...

AgroBelgrade 2025: A Regional Powerhouse for the Future of Agriculture

The 6th edition of AgroBelgrade, Serbia's flagship agricultural fair, opens its doors on January 30th, bringing together over 500 exhibitors from across the Balkans...

Empowering Women Entrepreneurs in Montenegro

In a celebration of female entrepreneurship, Montenegro’s ŽIG Women’s Business ceremony at the Science and Technology Park highlighted the outstanding achievements of women in...

Fading Dreams of Germany as Foreign Labor Trends Shift in Bosnia and Herzegovina

The number of Bosnian citizens seeking employment in Germany has notably declined, a trend highlighted by the latest report from Bosnia and Herzegovina's Employment...

Trump Tower Plans in Belgrade Spark Controversy

In a move that intertwines international business with historical sensitivities, Jared Kushner, son-in-law of former U.S. President Donald Trump, has announced plans to construct a luxury...

Slovenia Appoints Vasilka Sancin as New Judge to the EU Court of Human Rights

Vasilka Sancin has been elected Slovenia’s judge at the European Court of Human Rights (ECHR) in Strasbourg. The 45-year-old professor will succeed Marko Bošnjak,...

Serbian PM Resigns Amid Widespread Anti-Corruption Protests

Serbian Prime Minister Miloš Vučević has tendered his resignation following weeks of mass protests ignited by a fatal accident at the Novi Sad railway...

Montenegro Set to Launch Direct Flights to Bulgaria

Montenegro is poised to strengthen its ties with Bulgaria, with plans to introduce direct air routes between the two countries, announced following a meeting...

Rise in Foreign Workers in Bosnia Amid Strengthening Turkey Ties

Bosnia and Herzegovina (BiH) is witnessing a marked increase in foreign workers, with Turkey emerging as the largest source of labour. Last year, 605 Turkish...

Renovation of Split’s Iconic Poljud Stadium Set to Begin

The historic Poljud Stadium in Split is set to undergo a €20 million renovation, marking the first phase of an extensive project that will...

Mining Sparks Revival in Bosnia’s Vareš

The Municipality of Vareš in Bosnia and Herzegovina has recorded an impressive 38.19% rise in fiscal revenue year-on-year, with a remarkable 86.8% surge in...

Bojana Bridge Project Delayed

The long-awaited infrastructure project to build a bridge over the Bojana River connecting Montenegro and Albania is at risk of further delays. The joint initiative,...

Zemun Hotel Central Sold to Invej for 126 Million Dinars

In a landmark sale, the iconic Hotel Central in Zemun has been purchased by the Invej company for 126 million dinars, following a lengthy...

Revived Rail Link Between Ploče and Sarajevo

The long-awaited restoration of the railway link between Ploče and Sarajevo is set to resume by the end of next week, ending a months-long...

Montenegro to Modernise Power Grid with €35 Million EBRD Loan

In a significant leap towards energy modernisation, the European Bank for Reconstruction and Development (EBRD) has approved a €35 million loan to Montenegro’s power...

Ireland’s Growing Passion for Southern Croatia Shines at Dublin’s Holiday World Show

In a compelling showcase of Croatia’s rising appeal, the Dubrovnik-Neretva County took center stage at the renowned Holiday World Show in Dublin this January. Held...

Serbia’s Salaries See Modest Rise as Disparities Persist Across Regions and Sectors

In November 2024, Serbia’s average gross salary rose to 138,911 dinars, with the net salary hitting 100,738 dinars—a significant milestone, surpassing the 100,000 dinars...

Slovenian Iskra Expands Footprint with New Factory in Bosnia and Logistics Hub in Serbia

Slovenian industrial giant Iskra is intensifying its regional footprint with a new manufacturing plant in Bosnia and a logistics hub in Serbia, marking a...

Croatia Shines as a Top Global Destination for 2025

Croatia has earned a prestigious place among the world’s top five travel destinations for 2025, according to Virtuoso, a leading operator for luxury travel....

Slovenia Sees Tourism Boom in 2024

Slovenia has emerged as a must-visit European destination, shattering tourism records in 2024 with 6.6 million visitors, a 6.3% increase from the previous year. The...

Maslina Resort Welcomes Klara Šoštarić as New Hotel Manager

In a move towards its future growth, Maslina Resort, a luxury mindful retreat located in Stari Grad, Croatia, has announced the appointment of Klara...

Podravka Secures Green Light to Acquire Fortenova’s Agricultural Segment

In a move set to reshape Croatia’s agricultural and food production landscape, Podravka has announced that its subsidiary, Podravka Agri, received approval from the...

Lidl Expands in Montenegro

In a significant move, Lidl Crna Gora has received approval to build a major retail and warehouse facility in Zeta, adding to its expanding...

Trump Administration Ushers in New Crypto Era with SEC Task Force Announcement

In a move signaling a proactive approach to the cryptocurrency sector, the U.S. Securities and Exchange Commission (SEC) has unveiled a dedicated task force...

Franjo Bobinac’s Legacy of Innovation and Resilience at Gorenje

Franjo Bobinac, the former CEO of Slovenian appliance and consumer electronics giant Gorenje, has been awarded the prestigious Lifetime Achievement Award for 2024 by...

Chinese-Spanish Collaboration to Power Albania’s Floating Future

A groundbreaking partnership between China’s Sungrow, a luminary in solar and wind technology, and Spain’s engineering virtuoso Gamma Solutions has culminated in the acquisition...

Rijeka Hotel Revival as Croatia’s Chamber of Commerce Dives Into Hospitality

In an unexpected move, the Croatian Chamber of Commerce (HGK) is entering the hospitality industry, with plans to open a boutique hotel in Rijeka...

Dubrovnik Celebrates 45 Years of UNESCO Heritage

In 2024, Dubrovnik commemorated a remarkable milestone: 45 years since its Old Town was added to UNESCO’s World Heritage list. This anniversary was not...

Japan Explores Energy Investments in Montenegro 

Montenegro’s Prime Minister, Milojko Spajić, met with Yukio Kani, CEO of Japanese energy giant JERA, to discuss opportunities for advancing the country’s energy stability...

A Royal Legacy Restored at Villa Muhr

After decades of decay and eventual collapse in 2014, the iconic Villa Muhr, once a royal summer residence and even a wartime hospital, has...

Restoration of Ohrid’s Robevci House to Safeguard Cultural Heritage

The Robevci House in Ohrid, a jewel of historical architecture, is undergoing significant restoration, thanks to funding from the Ohrid Institute and Museum and...

Cybercriminals Exploit Dubai Chocolate Craze to Con Consumers Worldwide

The insatiable global appetite for Dubai chocolate has sparked a wave of online fraud, as cybercriminals capitalize on the trend to deceive unsuspecting consumers. Security...

United Group Powers Bulgaria’s Green Energy Future with €120 Million Investment

The investment encompasses three solar power plants, one of which is already operational, and a large wind farm poised to become one of the...

Djokovic Survives Alcaraz Test to Reach 48th Grand Slam Semifinal

In a match that had all the ingredients of a classic, Novak Djokovic battled past a determined Carlos Alcaraz, winning 4:6, 6:4, 6:3, 6:4...

Slovenia, Croatia and Italy Forge Border Pact to Test Schengen’s Future

In a significant move aimed at restoring the Schengen zone’s freedom of movement, Slovenia, Croatia, and Italy have agreed to deploy joint border patrols....

Benetton Closes Osijek Plant After 25 Years

In a move that has stunned the Croatian city of Osijek, Italian fashion giant Benetton has shut down its production plant, ending a 25-year...

UK Leaps Ahead of Global Giants in Investment Rankings, Fueling Economic Hopes

In a striking turn of events, the UK has catapulted into second place in the global investment rankings, surpassing economic powerhouses like Germany, China,...

Donald Trump Sworn in as 47th President of the United States

In a historic return to the White House, Donald Trump was inaugurated as the 47th President of the United States on 20 January 2025....

55th World Economic Forum Kicks Off in Davos

The Swiss alpine resort of Davos has once again become the center of global attention as it hosts the 55th edition of the World...

SIJ Partners with WAHAJ to Boost High-Performance Steel Production for EVs

Slovenia’s SIJ Group has signed a landmark Memorandum of Understanding with the Saudi Arabian government, pledging €1.5 billion to establish a state-of-the-art manufacturing facility...

Albania’s Bold Move to Exempt Taxes for 500 Agro-Tourism Ventures

Albania has thrown down the gauntlet in rural economic reform, announcing an unprecedented tax exemption for 500 agro-tourism ventures. In a bid to transform...

Bosnia and Herzegovina Reports 20.8% Surge in Vehicle Registrations

Bosnia and Herzegovina recorded a significant rise in motor vehicle registrations in December 2024, with 8,505 new registrations marking a 20.8% increase compared to...

Lokrum Island to Reopen 1 February with Free Ferry Rides for Visitors

Nature enthusiasts and tourists have reason to celebrate as Lokrum Island, located just 600 meters off the coast of Dubrovnik, Croatia, prepares to reopen...

Record-Breaking Year for Belgrade Airport

Belgrade's Nikola Tesla Airport has soared to new heights in 2024, recording its highest passenger traffic to date. According to figures released by VINCI...

Hungarian Retail Chain Family Market Expands into Serbia

The Serbian retail sector is witnessing a surge in international interest, with Hungary’s Family Market leading the charge. Established in 1998 in Kecskemét, the...

Germany, Italy, and Austria Remain Key Markets for Slovenian Tourism

Germany, Italy, and Austria continue to be the most significant sources of foreign tourists for Slovenia, despite the economic and political uncertainties facing all...

Rebeka Kropivšek Leskovar Named 2024 Woman Engineer of the Year

Rebeka Kropivšek Leskovar, a development engineer at Interblock, a global leader in electronic table gaming products, has been awarded the prestigious title of Woman...

Orbán Visits Belgrade to Strengthen Hungary-Serbia Ties

Hungarian Prime Minister Viktor Orban visited Belgrade to discuss energy cooperation with Serbian President Aleksandar Vučić, highlighting their shared commitment to ensuring affordable energy...

Albania Grants Strategic Investor Status to Jared Kushner-Linked Firm

The Albanian government has granted strategic investor status to a company linked to Jared Kushner, son-in-law of newly elected US President Donald Trump, for...

Alteo Launches Regional Green Energy Expansion

Hungarian energy company Alteo Group, in which MOL holds a minority stake, has announced an ambitious regional expansion plan to establish a green energy...

Slovenia Eyes Grand Depart of Tour de France in 2028 or 2029

As Slovenia’s cycling sensation Tadej Pogačar prepares for a potential fourth Tour de France title this year, an ambitious initiative has been launched for...

IKEA Plans Major Expansion of Belgrade Store

IKEA has submitted a request to the Secretariat for Environmental Protection of the City of Belgrade, seeking a decision on whether an environmental impact...

Škoda Superb Crowned Slovenian Car of the Year 2025

The Škoda Superb has secured the prestigious title of Slovenian Car of the Year for 2025, triumphing over the Dacia Duster, Peugeot 3008, Citroen...

Tourist Numbers in North Macedonia Rise by 8.3% in 2024

Tourist arrivals in North Macedonia increased by 8.3% from January to November 2024 compared to the same period in 2023, according to the latest...

Italy and Albania Seal Deal for Adriatic Energy Link

Italy and Albania are on the brink of a landmark agreement to establish a submarine energy link across the Adriatic Sea, a move set...

Spain Proposes 100% Tax on Non-EU Property Buyers

The Spanish government has unveiled a bold proposal to impose a 100% tax on property purchases by non-EU citizens, as part of a sweeping...

Bulgaria and North Macedonia Advance Plans for Strategic Rail Link

A transformative cross-border railway project connecting Bulgaria and North Macedonia is gathering momentum, as Sofia dispatches a draft agreement to Skopje for approval. This...

Trans Adriatic Pipeline Explores Hydrogen Integration with Penspen

The Trans Adriatic Pipeline (TAP) has enlisted UK-based energy consultancy Penspen to conduct a feasibility study on introducing hydrogen blends into its existing infrastructure....

Serbia and Tesla Foundation Join to Boost Innovation

The Serbian Chamber of Commerce (PKS) has signed a cooperation agreement with the Tesla Science Foundation in New York, aiming to foster innovation, support...

EU Invests €83 Million to Transform Slovenia’s Coal Regions

In a significant move towards sustainability, the EU Economic Development Fund has approved €83 million for the green restructuring of Slovenia’s coal-dependent regions. This...

Cerkno’s Ski Race Returns – A Winter Tradition You Won’t Want to Miss

Imagine being part of a historic event that brings the past to life—a ski race in Cerkno, Slovenia, that once symbolized defiance against tyranny....

SIRO Boka Place Brings Europe’s First Luxury Wellness Hotel to Montenegro

In a move that sets a new standard for luxury wellness, Kerzner International is poised to unveil its first SIRO property in Europe this...

Albania’s Record-Breaking Tourist Growth in 2024

Albania is celebrating a remarkable surge in tourism, with over 11.7 million foreign visitors in 2024—an increase of 15.2% compared to the previous year....

Global Electric Vehicle Sales Reach New Record

The global electric vehicle (EV) market surged by 25% in 2024, setting a new sales record as 17.1 million battery electric cars were sold...

Belgium’s Quiet Fortune: The Nation of Europe’s Wealthiest Households

In the heart of Europe, Belgium quietly stands out as a bastion of wealth. Recent figures from the National Bank of Belgium reveal that...

New Hotel and Business Hub Coming to Belgrade Airport

Air Serbia is embarking on a major project to enhance the experience at Belgrade’s Nikola Tesla Airport with a new administrative headquarters, a modern...

Croatia’s Largest Solar Power Plant Set to Power 100,000 Homes

On the sun-drenched plains near Benkovac in Zadar County, a transformative project is taking shape. Croatia’s largest solar power plant, SE Korlat, is set...

Ever Wonder How Ski Jumpers Fly? Slovenia’s New High-Tech Facility Has the Answer

In the picturesque town of Žirovnica, nestled in the northwest of Slovenia, a transformative venture is taking flight—quite literally. A cutting-edge inclined flying chamber,...

Zoran Milanović Secures Landslide Victory in Croatia’s Presidential Race

In a resounding display of public support, Croatia’s incumbent president, Zoran Milanović, has claimed a historic victory in the second round of the presidential...

Housing Prices in Croatia Continue to Climb, Hitting Record Highs on the Adriatic

The cost of housing in Croatia shows no signs of slowing down, with property prices along the Adriatic coast surging by an astonishing 16%...

BH Telecom Moves to Acquire Telemach Operations in the Balkans

In a move poised to reshape the telecommunications landscape in the Western Balkans, BH Telecom, Bosnia and Herzegovina’s leading telecom operator, is in the...

EBRD Investments Hit Historic High of €16.6 Billion in 2024

The European Bank for Reconstruction and Development (EBRD) has reported a record-breaking €16.6 billion in investments for 2024, marking a 26% year-on-year increase. This...

Air Serbia Launches Direct Flights Between Belgrade and Shanghai

Air Serbia has officially inaugurated a direct air route connecting Belgrade to Shanghai, marking a significant milestone in the airline's expansion. The first flight,...

Norway Sets Record as Top EU Gas Supplier

In 2024, Norway achieved a new record in natural gas exports, solidifying its position as Europe’s largest supplier. Official data, shared by Reuters, indicates...

U.S. Companies Dominate Global Top 100

American companies dominate the global ranking of market value, with 62 out of the Top 100 firms hailing from the United States, according to...

Sarajevo International Airport Sets Passenger Record in 2024

Sarajevo International Airport achieved a new milestone in 2024, serving 1,821,762 passengers—a remarkable 34% increase compared to 2023. The airport also recorded a historic number...

Free Guided Tours Across 51 Croatian Cities and Towns

To mark 15 January, the day of Croatia’s international recognition, the Association of Tourist Guide Societies of Croatia, in partnership with the Croatian Tourist...

Slovenia’s Central Bank Enters Interim Leadership Amid Succession Delay

Slovenia’s central bank is now under interim leadership as of 9 January, following the expiration of Governor Boštjan Vasle’s six-year term without a successor...

Nelt Group Unifies Operations in Montenegro Under Nelt MNE

In a strategic move to bolster competitiveness and brand strength, Montenomaks and Nelt MNE, two companies under the Nelt Group operating in Montenegro, have...

€1.2 Billion Highway to Finally Connect Dubrovnik

Croatia is set to embark on its most expensive highway project yet, a €1.2 billion initiative to connect Dubrovnik with the mainland. The highway...

Melania Trump Tops 2025 List of Most Influential Slovenians

Melania Trump, who will soon become the first lady of the United States for a second time, has been named the most influential Slovenian...

Hungary Leads EU in Housing Price Surge with 173% Increase Since 2015

Between 2015 and 2023, house prices in the European Union increased by an average of 48%, according to a recent analysis by the European...

Germans Still Exchanging Deutsche Marks Nearly 25 Years After the Euro’s Introduction

Nearly a quarter of a century after the euro replaced the Deutsche Mark, Germans continue to exchange significant amounts of their former currency, according...

Greece Introduces Higher Tourist Taxes to Support Sustainability

Greece has unveiled significant hikes in tourist taxes for 2025, aiming to enhance infrastructure and promote sustainable tourism amid a surge in visitor numbers. Visitors...

Montenegro’s Foreign Trade Reaches €4.26 Billion, Imports Surge

Montenegro's foreign trade in goods totaled €4.26 billion in the first 11 months of 2023, marking a 3.7% increase compared to the same period...

Aminess Hotels & Resorts Strengthens Its Foothold in Croatian Tourism

Aminess Hotels & Resorts, Croatia’s fastest-growing domestic tourism company, has further solidified its leadership in the hospitality market with the addition of two new...

Swiss Proposal Calls for Bitcoin in Central Bank Reserves

A new initiative in Switzerland is calling for the integration of Bitcoin into the country’s financial system by making it a mandatory component of...

Romania and Bulgaria Join EU’s Schengen Area for Land Borders

Romania and Bulgaria have officially become full members of the European Union’s Schengen Area, gaining entry for land border travel. This milestone builds on...

Amer Kapetanovic Takes the Helm of the Regional Cooperation Council

Amer Kapetanovic, a seasoned diplomat with over 25 years of experience, has officially assumed the role of Secretary General of the Regional Cooperation Council...

Zaha Hadid Architects and Bureau Cube Partners Win Competition for New Nikola Tesla Museum

The international competition for the design of the new Nikola Tesla Museum building in Belgrade, Serbia, has concluded, with Zaha Hadid Architects and Bureau...

BRICS Expands to Include Indonesia, Malaysia, and Thailand

The BRICS economic coalition, comprising Brazil, Russia, India, China, and South Africa, will welcome three new members starting January 1. Indonesia, Malaysia, and Thailand...

Croatian Sensation Zrinka Ljutić Triumphs in Semmering Slalom

Zrinka Ljutić has made history, clinching her maiden FIS Alpine Ski World Cup victory with a commanding performance in the Semmering slalom in Austria....

Dušan Mandić Crowned World’s Best Water Polo Player for 2024

Serbian water polo star Dušan Mandić has been named the world’s best water polo player for 2024 by the World Aquatics Federation, formerly known...

Zagreb Launches Automated License Plate Recognition Vehicles

Zagrebparking, a branch of Zagrebački holding, has introduced vehicles equipped with an automatic license plate recognition system, marking the end of a successful testing...

Saša Mujović Elected Mayor of Podgorica

The Assembly of Podgorica, Montenegro’s capital, has elected Saša Mujović, a member of the Europe Now Movement and the current Minister of Energy, as...

Slovenia Sets Ambitious Climate and Energy Goals with Updated NECP

Slovenia aims to decide by 2028 on building its second nuclear power plant, as part of its updated Integrated National Energy and Climate Plan...

USB-C Becomes the Standard Charger for Mobile Devices Across Europe

Under new regulations, all small and medium-sized portable electronic devices sold in the EU must be compatible with USB-C connectors. Consumers also have the...

Belgium to Ban Disposable E-Cigarettes from 1 January

Belgium will prohibit the sale of disposable e-cigarettes starting 1 January, citing health and environmental concerns. The move is seen as a groundbreaking step...

China Approves Construction of the World’s Largest Hydropower Plant

China has approved the construction of the world’s largest hydropower plant, launching an ambitious project on the eastern edge of the Tibetan Plateau. The dam,...

World’s Oldest Crocodile Turns 124th Birthday

In a remarkable milestone, Henry, the world’s oldest known crocodile, celebrated his 124th birthday at the Crocodile Conservation Centre in Scottburgh, South Africa, where...

Jadrolinija to Reconnect Bar and Bari by 2025

Croatia’s state-owned shipping company, Jadrolinija, has announced plans to re-establish ferry services between the Montenegrin port of Bar and the Italian port of Bari...

Montenegro Utilizes 90% of IPARD II Funds for Agricultural Development

Montenegro has established itself as a standout performer in utilising EU agricultural development funds, securing nearly 90% of the €39 million allocated under the...

Skopje to Launch Electric Car-Sharing Program

In a bold move to combat persistent air pollution, North Macedonia's capital, Skopje, is preparing to introduce an electric car-sharing system as part of...

Greek Royal Family Regains Citizenship After Decades

In a historic move, Greece has restored citizenship to members of its former royal family, bringing an end to a decades-long dispute with the...

Sarajevo Unveils Green Revolution in Public Transport

Sarajevo has introduced 40 state-of-the-art electric vehicles, comprising 25 trolleybuses and 15 trams, each equipped with advanced electric motors manufactured in Tuzla.  This €50 million...

Portonovi Redefines Luxury on Montenegro’s Adriatic Coast

In 2024, Portonovi Resort has cemented its position as the pinnacle of luxury tourism and real estate on Montenegro’s Adriatic coast. With record-breaking visitor...

Slovenia Introduces Property Tax

Slovenia's government is taking a bold step with its innovative draft law, which imposes a 1.45% property tax on the market value of residential...

Montenegro Joins Global Initiative for Sustainable Blue Economy

In a major milestone for Montenegro’s environmental and economic future, the country has become the latest member of the Sustainable Blue Economy Partnership.  Announced at...

5,000 Free Servings of Cod in Split’s Holiday Tradition

On Christmas Eve, a beloved tradition will unfold across Croatia as 5,000 free servings of cod, a symbol of festive generosity, are served to...

Palace of Science Opens in Belgrade

The Miodrag Kostić Foundation has unveiled the Palace of Science in Belgrade, Serbia’s first centre dedicated to the research and popularisation of science. Located...

Slovenia Joins ESA to Advance Space Industry

Slovenia is set to join the European Space Agency (ESA) as a full member, a move that will unlock new opportunities for the country's...

Albania Blocks TikTok 

The Albanian government has announced a nationwide ban on the Chinese social media platform TikTok, Education Minister Ogerta Manastirliu confirmed today.  The decision comes in...

Montenegro Hotels See Record New Year Bookings

Montenegro’s hotels are gearing up for a bustling holiday season, with New Year’s bookings reaching record levels.  From the luxurious Splendid in Bečići to the...

Serbia’s Rakija and Wine Industries See Growth and Global Expansion

Serbia’s alcoholic beverage production has seen impressive growth, with over 50 million litres of rakija and 30 million litres of wine produced annually.  In 2023,...

Montenegro’s Yacht Registry Booms with International Ownership

Montenegro’s yacht registry continues to attract global owners, with vessels from 49 countries now sailing under its flag, reflecting the country’s growing maritime prominence. Montenegro’s...

Croatia Launches Its First Satellite into Orbit

After two delays, Croatia has successfully launched its first satellite, CroCube, into Earth's orbit aboard SpaceX’s Falcon 9 spacecraft. The historic launch took place...

By Miro Kovač PhD, Former Minister of Foreign and European Affairs of Croatia

The Day After

Donald Trump performed a miracle. Against all odds, he succeeded in being re-elected as the 47th President of the United States of America. He...

Raising a Glass at Wine Vision 2024

The third Wine Vision by the Open Balkan Fair in Belgrade has firmly established itself as a cornerstone of the international wine scene. This...

Where Equality Thrives

In today’s fast-paced business world, diversity and inclusion have evolved from being aspirational goals to essential drivers of success. Studies consistently show that companies...

China Opens Visa-Free Access to Montenegro, North Macedonia and Croatia

Increased Mobility for Balkans Strengthens Global Ties China’s recent expansion of its visa-free policy marks a significant milestone for Montenegro, North Macedonia, and Croatia,...

FIC

Shaping a Better Investment Future

Foreign investments play a crucial role in driving economic growth, fostering innovation, and creating job opportunities across the Adria region In this issue, we delve...

Arijana Nikolić Vučinić, Executive Director of MFIC

Montenegro’s Business Climate

Progress, challenges, and the road ahead Montenegro’s business environment is showing signs of progress, but significant challenges remain. In the 2024 White Book, Arijana Nikolić...

Aleksandar Ljubić, Executive Director of FIC Serbia

Dedicated to Serbia’s Prosperity

By committing to innovation, sustainability, and the rule of law, Serbia can secure its position as an attractive investment destination. The 2024 White Book...

Top Banks in 2024

Each year, The Banker, a prestigious British magazine, highlights the best in global banking by recognising institutions that stand out for innovation, customer service,...

104 Years of Christmas Romance

Coca-Cola’s association with Santa began in the 1920s with magazine ads that featured a strict-looking Claus reminiscent of Nast’s designs. In 1930, artist Fred...

AmCham

Opportunities for U.S. Companies in Adria

What makes the Adria region a rising star for U.S. investors? To uncover the answer, The Region turned to the leaders of AmCham Slovenia,...

Ajša Vodnik, CEO of AmCham Slovenia & Chair of AmCham in Europe

Slovenia Innovates for U.S. Collaboration

Slovenia is a hub for innovation and sustainability, making sectors like green technologies, renewable energy, and smart cities particularly attractive for U.S. businesses. The...

Vera Nikolić-Dimić, Executive Director of AmCham Serbia

Renewable Energy Powers Progress

Serbia’s Information and Communication Technology (ICT) sector continues to be one of the most promising for U.S. businesses. The country has a highly skilled...

Andrea Doko Jelušić, Executive Director of AmCham Croatia

Croatia’s ICT Growth and Business Potential

Croatia has a growing ICT sector. As early as 2014, AmCham Croatia highlighted the strategic potential of this sector, which is now evident in...

Jelena Arsovska, Executive director of AmCham North Macedonia

A Strategic Gateway for U.S. Investments

Let me start with the two most obvious sectors. Renewable energy offers substantial opportunities, with the government aiming for 38% renewable energy consumption by...

Neritan Mullaj, Executive Director of AmCham Albania

Albania a Rising Hub for Investment

We are an integral component of a vast regional market and have made significant strides in our negotiations to join the EU. Key sectors...

Ivana Kantar, Director of HR and Organization at Addiko Bank Serbia

Empowering Inclusive Workplaces

As Director of Human Resources and Organization at Addiko Bank Serbia, Ivana Kantar is transforming workplace culture. In this exclusive interview, she discusses the...

Matej Zakonjšek, Director of the Transport Community

Advancing Adria’s Transport Future

Matej Zakonjšek, Director of the Transport Community, explains how EU-backed reforms and infrastructure projects are reshaping connectivity, safety, and sustainability in the Adria region With...

At Crossroads

Improving road connections with the EU and across the Western Balkans region is essential to strengthening integration, though toll rates don’t always match road...

Snežana Đurović, Director of The Montenegrin Investment Agency (MIA)

Montenegro’s Investment Potential

In an interview with The Region, Snežana Đurović, Director of The Montenegrin Investment Agency (MIA), spoke about the unique potential of her country that...

EXPO

From Osaka to Belgrade

Innovation and inspiration are set to cross continents as Osaka gears up for EXPO 2025 and Belgrade prepares to host EXPO 2027. These two...

EXPO 2025 Osaka

Osaka, Japan’s vibrant innovation hub, will host EXPO 2025 from 13 April to 13 October 2025 on the picturesque Yumeshima Island. Themed “Designing Future...

EXPO 2027 Belgrade

Belgrade is poised to captivate the world from 15 May to 15 August 2027 as it hosts EXPO 2027, marking the first time a...

Đorđe Bikicki, Owner of Bikicki Winery

Crafting Wines with Passion and Purpose

Nestled on the northern slopes of Fruška Gora, Bikicki Winery has become a symbol of dedication and craftsmanship in the world of natural wines....

Tomaž Lah, CEO of Nektar Natura

Driving Nektar Natura’s Global Reach

Nektar Natura, a premier European beverage provider for the hospitality industry, has achieved a new milestone by being named ITM Exporter of the Year...

Luštica Bay’s New Neighbourhood – Horizon

A Place of Balance, Beauty & Belonging

• Private and intimate community of residences, offering a fresh take on the Montenegrin villages of old • Innovation of new options available • Located...

The Power of Words: Business Trends Redefined in 2024

Inclusive Leadership Inclusive leadership emphasises valuing diversity, fostering belonging, and encouraging equitable opportunities in workplaces. Leaders who practice inclusion actively listen to underrepresented voices, challenge...

Fair Calendar

The Adria region is set to host a diverse lineup of fairs this season, covering industries, culture, and innovation. From Slovenia and Croatia to...

A Regional Beacon of High-Tech Agriculture

This ambitious event was the brainchild of Slavko Marković, the fair’s Director, with Alek Garčević as the Program Director. The Municipality of Gornji Milanovac...

Migration in Motion

Migration, a force as old as humanity, is constantly evolving, shaped by global dynamics and local realities. Today, it is no longer a linear...

Zeynal Hajiyev, IOM Chief of Mission in Serbia

Labour Migration Fuels Economic Growth

Today, more than ever, migration cannot be perceived as a linear phenomenon that begins with emigration and ends with permanent settlement in a new...

The Backbone of Modern Business

In today’s fast-paced, interconnected world, businesses are only as strong as the technology supporting them. IT infrastructure is no longer just a back-end necessity—it’s...

Akton Belgrade: A Reliable Partner for Your IT Challenges

IT Managed Services… Your IT, Our Responsibility Save time and resources and increase efficiency with our IT-managed services. Understanding that every company has unique...

Marijanti Babić, Country Head of Serbia at Rio Tinto

Lithium’s Role in the Green Energy Revolution

As the world accelerates its transition to renewable energy and sustainable technologies, lithium has emerged as a cornerstone of the green revolution. In this...

Mark Harrison, Founder & Principal of Harrisons Solicitors

A Legal Pioneer in the Balkans

Mark Harrison, Founder and Principal of Harrisons Solicitors has spent nearly four decades at the forefront of legal practice in Serbia and Montenegro, carving...

Lesser Known Tales from the Adria

The Adria region is a treasure trove of lesser-known tales that weave together history, culture, and natural beauty. From the enduring truffle hunting traditions...

Kung Fu Hustle Over The Region

Throughout history, legendary rivalries have shaped entire industries, defining not just markets but the world itself. The competition between Steve Jobs and Bill Gates...

Željko Knez, Award-winning Professor at the Faculty of Chemistry and Chemical Technology of the University of Maribor

Science for Everyday Life

From pharmaceuticals to eco-friendly food processing, Professor Željko Knez reveals how cutting-edge science is transforming the products we use every day Professor Željko Knez may...

Young Talents Shine

The Adria region is witnessing a remarkable surge in youth achievements across various disciplines, from sports to technology. Young talents are making significant strides,...

Aleksandar Indjić, Grandmaster

Quiet Triumph in Europe’s Chess

Aleksandar Indjić, a grandmaster who has long been a force in the chess world, has reached a new milestone in his illustrious career by...

Roksanda Ilinčić

The Architect of Emotion

Fashion often operates as an art form, a statement, or a spectacle—but for Roksanda Ilinčić, it’s a medium for shaping emotions. Known for her...

Adria Region Passports Ranked Among World’s Most Powerful

Passports from the Adria Region have been ranked on the 2024 list of the world’s most powerful passports, which is topped by the United...

Poland to Sell Tons of Butter to Curb Prices Ahead of Presidential Elections

In a bid to lower food prices ahead of May's presidential elections, Poland has announced the sale of 1,102 tons of butter from its...

FIC Serbia Names New Board and Sets Reform Goals

The Foreign Investors Council (FIC) in Serbia has announced its new Board of Directors at the annual Assembly meeting, alongside the adoption of the...

Montenegro Aligns Organic Production with EU Standards

Montenegro, as an EU candidate country, is harmonizing its organic production laws with EU Regulation 2018/848, which came into effect on 1 January 2022. The...

Ancient Roman Artifacts Unearthed in Ljubljana

Archaeologists in Ljubljana have uncovered a wealth of new Roman artifacts in the heart of the ancient city of Emona, which predates modern Ljubljana....

Croatia’s Gvardiol and Modrić Among the World’s Best Footballers

The Guardian's annual list of the world's top 100 footballers has once again recognized two Croatian stars, with Joško Gvardiol and Luka Modrić claiming...

Macedonia’s Finest Awarded for Excellence in Business

In a ceremony held by the Union of Chambers of Commerce under the patronage of the President of North Macedonia, ten remarkable companies were...

Ivan Rakočević Takes the Helm at Tivat Airport

Tivat Airport has appointed Ivan Rakočević as its new director, ushering in a new chapter for one of Montenegro’s key travel hubs. With over...

350km Cycling Route to Link Sarajevo and Dubrovnik

A new 350-kilometre cycling route connectiig Sarajevo and Dubrovnik is set to open, showcasing the stunning landscapes of Bosnia and Herzegovina (BiH) and southern...

Price Surge of Fish for Feast of St. Nicholas

The Feas of St. Nicholas, a cherished occasion in North Macedonia, has been dampened by soaring food prices. Traditionally, fish consumption peaks during this...

Nissan and Honda Explore Merger to Boost EV Market

In what could become the largest automotive merger in decades, Nissan and Honda are reportedly in discussions about a potential alliance, with Mitsubishi Motors...

Global Demand for Coal Reaches Historic High

Global demand and use of coal have reached their highest levels in history, with a record 8.77 billion tonnes expected this year, according to...

Two Serbian Restaurants Awarded Michelin Stars

Next time you travel to Serbia and crave exceptional cuisine, make sure to visit the country’s newest culinary stars. The Michelin Guide 2025 has...

Serbian Association of Managers Awards Manager of the Year

The Serbian Association of Managers (SAM) has announced its annual awards, recognizing outstanding achievements and contributions in 2024. The prestigious “Manager of the Year” award...

Montenegro Establishes Development Bank

The Government of Montenegro has officially decided to establish the Development Bank, with the decision set to take effect the day after its publication...

Mövenpick to Open in Novi Vinodolski

The well-known Mövenpick hotel brand, already present in Zagreb and under development in Split, is now set to expand to Novi Vinodolski. The popular tourist...

Lopud Island Gears Up for a Summer of Film, Jazz, and Literature

As winter settles in, the Croatia’s Lopud Island is already preparing for a cultural transformation in the summer of 2025. This idyllic destination will...

Russia Bans Viber, Blocking Access to the Messaging App

According to tech news site Telecom Daily, Viber has 17 million unique daily users in Russia. In its statement, RKN explained that access to Viber...

UK Government Approves Sale of Royal Mail to Czech Businessman for €4.3 Billion

The British government has approved the sale of the state-owned Royal Mail to Czech billionaire Daniel Křetínský for €4.3 billion, following assurances that one...

Hybrid and Electric Cars Account for 48% of New Registrations in the EU

In 2023, 10.7 million new passenger cars were registered in the European Union. Of these, petrol-powered vehicles held the largest share at 34.5%, followed...

Temu Booms in Bosnia

The online shopping platform Temu continues its rapid growth in Bosnia and Herzegovina, with nearly 469,000 orders recorded since September, according to the country’s...

Crowne Plaza Debuts in Montenegro with Podgorica Opening

Nestled in the heart of Podgorica’s bustling business district, Crowne Plaza Podgorica has officially opened its doors, marking the arrival of the prestigious Crowne...

IKEA Croatia Spreads Festive Cheer with Generous Bonuses

IKEA Croatia is spreading festive cheer this Christmas by awarding exceptional bonuses to its employees, ranging from €2,000 to €2,300. In addition to a...

Supporting Energy Efficiency in Serbian Housing

As energy prices surge across the Western Balkans, households are seeking ways to curb soaring heating and electricity bills. In response, the European Bank...

Nearly One in Four Workers in Europe Is a Migrant

The total number of international migrant workers reached 167.7 million in 2022, an increase of over 30 million since 2013, driven by labor market...

North Macedonia Monitors New Year Basket Discounts

The North Macedonian government has launched the "New Year Consumer Basket" initiative to help ease financial pressures on households during the holiday season. Starting...

Radovljica Museum Opens Deposit of Rare Beekeeping Artifacts

The Beekeeping Museum in Radovljica has recently unveiled its new "viewing deposit," a specialized exhibition space offering visitors a rare glimpse into its extensive...

Ryanair to Launch New Routes Linking Croatia with Italy and Poland for Summer 2025

Ryanair, the low-cost carrier, is expanding its network with two new routes connecting Croatia to Italy and Poland in the summer of 2025. Beginning...

World’s Steepest Cable Car Opens in Switzerland

Switzerland has unveiled the world’s steepest cable car, connecting the villages of Stechelberg and Mürren in the Bernese Oberland. The engineering marvel ascends dramatic...

Georgia Appoints Ex-Football Star as President

Former professional footballer Mikheil Kavelashvili has been named the new president of Georgia following a parliamentary vote amid ongoing pro-European protests across the country. The...

Smoking Ban Enforced in All Enclosed Spaces in FBiH

The Federation of Bosnia and Herzegovina (FBiH) has officially implemented a regulation banning smoking in all enclosed spaces, marking a significant step in public...

Croatia Ranked 10th in Google’s 2024 “Year in Search” destinations 

In a testament to its enduring allure, Croatia has secured its place among the top 10 most Googled travel destinations of 2024, as revealed...

First Regional Electricity Exchange Launches in Southeastern Europe

A landmark development in the region's energy market has been achieved with the launch of the first regional electricity exchange, bringing together Serbia, Slovenia,...

Veselin Jevrosimović Elected President of Serbia’s Prestigious Privrednik Club

In a significant move for Serbia’s business landscape, Veselin Jevrosimović has been named the new president of Club Privrednik, the country’s leading association of...

Tirana Airport Marks Historic Milestone

On 9 December Tirana International Airport (TIA) marked a historic achievement by welcoming its 10 millionth passenger, a milestone that underscores Albania's growing stature...

Jahorina Opens Winter Season with New Slopes and Night Skiing

Jahorina, one of the Balkans’ most beloved winter destinations, officially launched its winter tourism season today with a spectacle of forty ski instructors gracefully...

Turks Lead the Way in North Macedonia’s Tourism Boom

The tourism sector in Macedonia continues to grow, with Turks leading as the most frequent visitors in October. According to the latest data from...

Pula’s Iconic Forum Now Goes Virtual

Visitors to Pula’s historic Forum can now experience the iconic square in an entirely new way—virtually. Thanks to an ambitious collaboration between the Pula...

Donald Trump Named TIME’s 2024 Person of the Year Again

TIME magazine has named Donald Trump its Person of the Year for 2024, marking the second time the former U.S. president has received the...

Bulgaria and Romania to Join Schengen Area as Full Members in 2025

In a landmark development for both the European Union and the two nations, Bulgaria and Romania will officially become full members of the Schengen...

Slovenian Companies Offer Record Christmas Bonuses

Slovenian companies are setting a new precedent this year with record-breaking Christmas bonuses, particularly in the pharmaceutical and ICT sectors. Datalab Tehnologije, based in Ljubljana,...

Denis Raos Recognised as Croatia’s Top Employee

Denis Raos, head of the public cleanliness team in Dubrovnik’s Old Town, has been awarded the prestigious Employee of the Year 2024 title in the category...

Iconic “Politika” Building in Belgrade Acquired by Media Group M29

The landmark "Politika" building in central Belgrade has been sold to M29, a company owned by businessman Boban Rajić, who also holds shares in...

Croatia Lists 190 Properties, Starting at €122

Croatia has launched a public tender for the sale of approximately 190 properties, primarily houses with adjoining land, located mainly in the continental regions...

Serbia Secures €720 Million Agreement for Belgrade Metro Expansion

The Serbian government, the City of Belgrade, and the Chinese company PowerChina have signed a €720 million contract for the second segment of the...

North Macedonia Adopts 2025 Budget with 4% Deficit and 3.7% GDP Growth Projection

North Macedonia's Parliament has approved the 2025 budget, projecting a deficit of 41.3 billion denars, equivalent to 4% of the expected gross domestic product...

Slovenian Dominance at European Honey Competition

Slovenian beekeepers claimed first place in four out of five categories, showcasing the nation's prowess in honey production. The top prize in the acacia honey...

Kalenić Market Recognized Among World’s Best

Kalenić Market in Belgrade has been recognized by the Financial Times as one of the world’s most beautiful markets, highlighting its blend of tradition...

Globalna Hrvatska Marks 300th Episode

Globalna Hrvatska, the celebrated Croatian program dedicated to connecting the nation with its diaspora, has reached a significant milestone, marking its 300th episode. The...

Agri Europe Acquires Majority Stake in Montenegro’s Hipotekarna Banka

Agri Europe Cyprus, a subsidiary of MK Group, has signed an agreement to acquire 7,677,285 shares in Hipotekarna Banka, representing a 74.93% stake, at...

EU Ports Welcome Nearly 400 Million Passengers in 2023

In 2023, ports across the European Union recorded 395.3 million passengers, marking a 5.8% increase from 374 million in 2022, but still 5.5% below...

Slovenians Overtake Germans as Top Buyers of Croatian Properties

For years, Germans dominated the foreign property market in Croatia, but the tides have shifted. Slovenians have now taken the lead as the most...

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

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,...

KPMG Expands with New Adria Cluster

KPMG has consolidated its operations in Croatia, Slovenia, and Bosnia and Herzegovina into the newly formed KPMG Adria Cluster under the KPMG Central and...

Former Yugoslavia Airports Handle Over 32 Million Passengers in 2023

Commercial airports across the former Yugoslavia handled a total of 32,114,233 passengers from January to October, with 3.17 million travelers in October alone.  Among the...

Belgrade Aquarium Design Unveiled by Mitarh Studio

Architectural studio "Mitarh" has released concept visuals for the upcoming Belgrade Aquarium, to be constructed at Ušće Park, near the iconic Hotel "Jugoslavija." The design...

Croatian Film Wins European Oscar for Best Short Film

Following its Palme d'Or triumph at the Cannes Film Festival, the Croatian film The Man Who Couldn't Be Silent has now claimed the prestigious...

Switzerland to Open Work and Residency Rights to Croatians in 2025

Starting 1 January 2025, Croatian citizens will gain full rights to live and work in Switzerland, as the country lifts the quota system that...

Zagrebačka Banka Named Croatia’s Best Bank for 2024

Zagrebačka banka has been honoured as Croatia’s Best Bank for 2024 by The Banker, reaffirming its position as a leader in the Croatian financial...

Vinko Bokalič Iglič and Ladislav Nemet Elevated to Cardinals by Pope Francis

Pope Francis has elevated Argentinian Archbishop Vinko Bokalič Iglič, of Slovenian descent, and Belgrade Archbishop Ladislav Nemet as two of the 21 new cardinals...

Adria Region Leaders Attend Notre Dame Reopening

The iconic Notre Dame Cathedral in Paris has reopened its doors after an extensive restoration, following the devastating fire five years ago that left...

Damien Sorrell New Head of EIB Western Balkans Hub

The European Investment Bank (EIB Global) has named Damien Sorrell as the new Head of the Regional Hub for the Western Balkans. Sorrell takes...

Montenegro’s Highest Salaries in 2024

The highest recorded gross salary this year exceeded €187,000, with four out of the top ten earners being Montenegrin citizens, while the remaining six...

Historic Mozartkugeln Production Ends in Salzburg

The iconic Mozartkugel, a beloved Austrian confection, has seen the closure of its historic factory on the outskirts of Salzburg after 127 years of...

Slovenian President Meets Pope Francis, Urges Unity in Divided World

In a world fraught with conflict, Slovenian President Nataša Pirc Musar brought a message of hope and cooperation to Pope Francis during their meeting...

Croatia’s Top 10 Most Powerful Women in Business 2024

Leading the charge is Zsuzsanna Ortutay, CEO of INA, who has driven stability and growth at Croatia's largest company. Nataša Rapaić, CEO of Hrvatski...

Bosnia Moves Closer to Southern Gas Interconnection

By the end of December, the Federation of Bosnia and Herzegovina (FBiH) Parliament is expected to adopt the Southern Gas Interconnection Law, paving the...

Angela Merkel’s Memoirs Become Germany’s Best-Selling Book

Angela Merkel's memoirs have already become the best-selling book of the year in Germany, just ten days after their launch, local media reported. Freedom: Memoirs...

Eight out of Ten Toys Imported to the EU Come from China

In 2023, the European Union imported toys worth €6.5 billion from non-EU countries, €2 billion less than the previous year. Meanwhile, exports of toys...

Sick Leave Costs Europe Billions Annually

Absenteeism due to sick leave costs Europe billions of euros each year, according to an analysis published by Bloomberg. The increase in the frequency and...

EBRD Acquires Stake in Podravka Agri for €50 Million

The European Bank for Reconstruction and Development (EBRD) has acquired a minority stake in Podravka Agri following a €50 million equity investment.  The transaction supports...

Western Balkans TSOs Sign Joint Declaration on Regional Coordination

Transmission system operators (TSOs) from the Western Balkans have signed a Joint Declaration on Regional Coordination, aiming to accelerate the integration of their electricity...

UNESCO Adds Sevdalinka to Intangible Cultural Heritage List

Sevdalinka, the traditional urban folk song of Bosnia and Herzegovina, has been officially inscribed on UNESCO's list of Intangible Cultural Heritage, the Ministry of...

Black Friday Sets New Spending Records in Croatia

Black Friday spending in Croatia reached an impressive €154 million this year, marking a €19 million (14%) increase compared to last year, despite only...

North Macedonia Records Historic Foreign Investment Growth

Foreign direct investments (FDI) in North Macedonia reached a record €838.2 million in the first nine months of this year, marking an increase of...

EU Spice Imports Rise, China Leads with 40% Share

In 2023, the European Union imported 339,800 tons of spices from non-EU countries, with China emerging as the largest supplier, accounting for 39% of...

France Expects Drop in Wine Production

Adverse weather has reduced France's grape harvest by 23% compared to last year, according to the latest estimate from the Ministry of Agriculture. The ministry's...

Vienna Installs Traffic Signs Made of Wood

The new signs are produced in Vienna using poplar or birch wood sourced from Central Europe. They are designed to be mounted on standard...

Chinese Company Boosts Derventa

Specialising in packaging for sushi and similar products, Grand Pack's demand has soared, prompting the installation of 11 production lines in a larger facility.  The...

Zagreb to Overhaul Kranjčevićeva Stadium with €44M Investment

Zagreb’s Kranjčevićeva Stadium is set for a €44 million overhaul to serve as Dinamo Zagreb’s interim venue in 2026.  Work is slated to begin in...

Terme Snovik to Build €22M Eco-Friendly Hotel

Terme Snovik, a modest wellness centre in northern-central Slovenia, is undertaking its most significant development yet with the construction of a four-star hotel, estimated...

EBRD Appoints Miljan Zdrale as Regional Director for Central Europe

The European Bank for Reconstruction and Development (EBRD) has named Miljan Zdrale as Regional Director for Central Europe, overseeing Croatia, Czechia, Hungary, the Slovak...

Montenegro’s Trade with Serbia Tops €3.88 Billion in 2023

Montenegro’s foreign trade from January to October totaled €3.88 billion, with Serbia maintaining its position as the country’s leading trade partner, according to preliminary...

Marko Čadež to Represent Serbia at Trilateral Commission for the Next Three Years

Marko Čadež, President of the Chamber of Commerce and Industry of Serbia (PKS), will represent Serbia at all international forums of the Trilateral Commission...

EPCG and Jaroslav Černi Institute Partner on Kruševo Hydropower Project

Elektroprivreda Crne Gore (EPCG) has signed a contract with the "Jaroslav Černi" Institute for the design and execution of detailed geological work for the...

Bosnia Explores Strategic Lithium Reserves

Bosnia and Herzegovina may be sitting on a trove of lithium, a critical resource for the global transition to green energy, but the extent...

Thessaloniki Launches Unique Metro Blending History and Modernity

The new metro system in Thessaloniki, featuring driverless trains, has opened near an archaeological site dating back to Byzantine and Roman times, local media...

Croatian Women’s Network Announces 2025 Award Winners

The Croatian Women’s Network /Mreža Hrvatskih Žena has revealed the 15 recipients of the prestigious Croatian Women of Influence Award and one recipient of...

Kostal Invests €50 Million in North Macedonia to Drive EV Innovation

German engineering leader Kostal has announced the third phase of its expansion in North Macedonia, investing an additional €45-€50 million into its operations. The...

IMF Mission Highlights Albania’s Growth Potential for 2024

An International Monetary Fund (IMF) delegation, led by Anke Weber and including David Bartolini, Fazurin Jamaludin, Jakree Koosakul, and Hasan Toprak, conducted discussions with...

Prekmurska Gibanica Named Slovenia’s Top Traditional Dish

Slovenia’s culinary crown goes to prekmurska gibanica, a beloved dessert from the Prekmurje region, celebrated as the best traditional food in the country. Known...

Montenegro’s Exports to CEFTA Region Double in Five Years

In 2023, Montenegro’s exports to the CEFTA region reached €326.7 million, marking a 103.2% increase compared to €160 million in 2018. During the same...

Orašje Opposes Bosnia’s Sunday Closure Law Over Economic Concerns

In a move that has ignited national debate, the city of Orašje in Bosnia and Herzegovina has become the first to officially challenge the...

EU Parliament Elects New Commission with Focus on Enlargement and Green Transition

The European Parliament has approved the new European Commission, led by Ursula von der Leyen in her second term as president. The Commission will prioritize...

Ulcinj Riviera Faces €420,000 Loss Amid Shareholder Dispute

Ulcinj Riviera, a prominent player in Montenegro’s tourism industry, has suffered a financial hit of over €420,000 following a 2019 court ruling in favor...

Serbian Chamber of Commerce Co-Founds Alliance Along ILSTC Trade Corridor

The Serbian Chamber of Commerce (PKS) has co-founded the Alliance of Chambers of Commerce for the International Land-Sea Trade Corridor (ILSTC), connecting Western China...

The Ritz-Carlton to Transform Belgrade’s Iconic Hotel Jugoslavija Site

In a landmark deal that signals a new chapter for Serbia's luxury hospitality industry, Marriott International and Danube Riverside d.o.o. Beograd have signed an...

Slovenia Steps Into EU Clean Hydrogen Initiative

Slovenia has joined the European Union's Clean Hydrogen Partnership, a move expected to strengthen its efforts in developing a robust hydrogen ecosystem. The initiative...

Celje Named European Christmas City 2025

Celje, Slovenia's fourth-largest city, has been awarded the title of European Christmas City 2025 by the Christmas Cities Network. Known for its enchanting Fairytale...

US and Slovenian Firms Partner to Tackle Plastic Waste

Protein Evolution, a US company pioneering innovative plastic recycling technologies, has partnered with Slovenian biotech firm Acies Bio to scale up the production of...

Slovenia Qualifies for EuroBasket 2025 in Thrilling Finish

Slovenia secured a spot in EuroBasket 2025 with a nail-biting 83-82 victory over Portugal in Koper on 25 November, overcoming an earlier 74-82 loss...

Wine Vision by Open Balkan 2024 Highlights Regional and Global Excellence

The third Wine Vision by Open Balkan fair in Belgrade has solidified its reputation as a premier international event, uniting wine producers, distillers, culinary...

Slovenians Set Holiday Budgets, Focusing on Practical Gifts

A recent survey by CEC Slovenia and the Media and Market Research Institute Mediana reveals that most Slovenians (59.7%) plan their holiday shopping for...

North Macedonia Launches One-Stop Shop System for Trade Efficiency

North Macedonia is implementing a National One-Stop Shop system aimed at fully digitizing export and import procedures, reducing bureaucracy, and cutting costs and waiting...

North Macedonia Focuses on Boosting Wine Production and Exports

North Macedonia is strengthening its efforts to enhance wine production and exports, with viticulture playing a pivotal role in the country’s economic strategy.  Cvetan Tripunovski,...

Slovenia to Launch €4.5 Million Olive Research Hub

Slovenia is advancing its agricultural innovation with the creation of a €4.5 million Competence Centre for Olives and Mediterranean Crops, set to be built...

China Grants Visa-Free Access to Croatians

In a move poised to strengthen global ties, China has announced a sweeping change to its travel regulations, granting visa-free access to citizens of...

Ericsson Nikola Tesla Celebrates 75 Years of Business and Unveils New Visual Identity

Marking a milestone in its technological evolution, Ericsson Nikola Tesla celebrated 75 years of successful operations yesterday, using the occasion to unveil its new...

Western Balkans Unite for Agricultural Transformation

Serbia, Montenegro, and North Macedonia have entered into a new phase of agricultural collaboration through the EU’s IPARD program, signaling a shared commitment to...

OTP Banka Slovenia Announces New Leadership

OTP Banka Slovenia has appointed András Hámori as the President of the Management Board. Before assuming the role of CEO, pending regulatory approval, Hámori...

Dot Foods Partners with Gideon to Revolutionize Logistics with AMRs

Croatian Dot Foods has partnered with Gideon to integrate Autonomous Mobile Robots (AMRs) into its logistics operations, starting at the company’s flagship facility in...

Podgorica Firms to Design Key Motorway to Serbia

In a step towards enhancing regional connectivity, three Podgorica-based companies—CDS Projekt, Via Projekt, and Geotin MNE—have been selected to spearhead the design of the...

Lapad Bay to Welcome a New Luxury Hotel in Croatia

The iconic Adriatic Hotel in Lapad Bay, Croatia, is being replaced by a state-of-the-art luxury hotel, courtesy of the Maestral hotel group. This 4-star property...

MFIC’s 2024 White Book Reveals Business Climate Progress in Montenegro

The Montenegrin Foreign Investors Council (MFIC) unveiled its 14th edition of the White Book - Investment Climate in Montenegro 2024, an annual publication assessing...

Montenegro Becomes First Western Balkans Nation to Join SEPA

Montenegro joins SEPA, a European Union initiative designed to simplify and harmonize cross-border banking transactions. The Central Bank of Montenegro announced that the nation’s...

Jadrolinija Breaks Records with 12 Million Passengers

Croatia's Jadrolinija has set new records in 2024, transporting over 12 million passengers and 3.5 million vehicles—a 2% increase in passenger numbers and a...