Saturday, 14th December 2024

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Articles

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...

Checkmate: Aleksandar Indjić Claims European Chess Crown

Grandmaster Aleksandar Indjić has emerged as Europe’s new chess champion, the Chess Federation of Serbia confirmed. Indjić dominated the tournament in Petrovac, Montenegro, with seven...

Radmila Šekerinska Appointed NATO Deputy Secretary General

NATO Secretary General Mark Rutte has appointed Radmila Šekerinska, former Minister of Defense of North Macedonia, as his new deputy. “I am pleased to announce...

Croatia Announces Presidential Election for 29 December

The Croatian Prime Minister Andrej Plenković has confirmed that the presidential election will be held on Sunday, 29 December, with 12 candidates expected to run for...

Montenegro and France Sign Key Agreements for Environmental and Energy Reforms

Montenegro has secured a EUR 50 million loan and a EUR 950,000 grant from France to support environmental protection policies and enhance its electricity...

Slovenian Logistics Firm Intereuropa Launches Rail Link Between Koper and Belgrade

Slovenia’s Intereuropa has unveiled a new rail connection linking the Port of Koper with the Nelt terminal in Dobanovci, Belgrade, in what the company...

Central European Stock Exchanges and EBRD Unite 

Seven Central European stock exchanges and the European Bank for Reconstruction and Development (EBRD) have signed an agreement in Bratislava to jointly develop the...

Delta Auto Group Becomes Regional Distributor for Farizon Electric Vehicles

Delta Auto Group, based in Belgrade, is now the official importer, distributor, and authorized service provider for Farizon’s fully electric light commercial vehicles. Farizon...

G20 Brasil/X

G20 Leaders Convene in Brazil to Address Global Challenges

World leaders gathered in Rio de Janeiro for the G20 summit, aiming to tackle pressing global issues, including climate change and sustainable development. During the...

Croatia Ranks 5th Globally, Serbia and Albania Among Top 50 for English Proficiency

Croatia has made a significant leap in the EF English Proficiency Index 2024, climbing from 11th to 5th place among non-native English-speaking countries. The...

Jaguar Unveils New Logo as It Paves the Road to an Electric-Only Future

The British automaker, renowned for its storied legacy of sophistication and performance, is poised to launch three electric models in 2026—marking a dramatic leap...

North Macedonia’s PM Announces €50 Million Investments and 500 Jobs by End of November

Prime Minister Hristijan Mickoski revealed that two significant investments, worth approximately €50 million, are expected by the end of November.  One will involve the expansion...

Germany Dominates EU Milk, Butter, and Cheese Production

In 2023, the European Union produced 160.8 million tons of fresh milk, marking an increase of 0.8 million tons compared to 2022 and 15.8...

Serbia’s First EPS Solar Park to Go Online in Early 2025

Elektroprivreda Srbije (EPS) will connect its inaugural solar park, “Petka,” to the national power grid by the first quarter of 2025, according to Dubravka...

MK Group Reshapes Corporate Structure with New Holdings

This strategic move, completed at the end of October, reflects a major shift in the company’s ownership and operational focus. As part of this restructuring,...

eCommerce Day 2024: BiH’s Premier Event for Digital Business

The eCommerce Association of Bosnia and Herzegovina has announced the third edition of eCommerce Day, set to take place on 28 November 2024, at...

Foreign Investors Council Presents 2024 White Book: A Call for Reform in Serbia

The Foreign Investors Council (FIC) Serbia has unveiled its White Book 2024, a strategic document offering recommendations to improve Serbia's business climate and foster...

Željka Cvijanović Takes Over as Chair of Bosnia and Herzegovina’s Presidency

Željka Cvijanović, the Serbian member of Bosnia and Herzegovina’s Presidency, has officially assumed the role of Chair of the Presidency. In accordance with the rotating...

Rimac Group Welcomes Antony Sheriff as New CEO

In a significant leadership shift, the Rimac Group has appointed Antony Sheriff as its new CEO, while founder Mate Rimac steps into the role...

Nektar Natura Named ITM Exporter of the Year 2024

Nektar Natura, a leading European beverage provider for the hospitality industry, has been crowned the ITM Exporter of the Year 2024, recognizing its remarkable...

Albania Establishes State-Owned Renewable Energy Operator

The Albanian government has approved the creation of a state-owned company, OER (Renewable Energy Operator), to manage the purchase and sale of renewable electricity...

Croatia’s Bajadera Praline Now a Cream Liqueur

Badel 1862, Croatia’s premier producer of spirits and wines, has teamed up with Kraš, the country’s largest confectionery company, to create Badel Bajadera, the...

Biden and Xi to Hold Key Talks in Peru Amid Escalating US-China Tensions

On 16 November, US President Joe Biden will meet with Chinese President Xi Jinping in Lima, Peru, during the Asia-Pacific Economic Cooperation (APEC) summit.  The...

COP29 in Baku: Western Balkans Leaders Call for Urgent Climate Action Amid Mixed Reactions

The COP29 Climate Change Summit has convened in Baku, Azerbaijan, where representatives from 200 countries gathered to address pressing climate challenges and bridge gaps...

Rijeka Schools Replace Bakery Snacks with Healthier Options

Starting next term, primary schools in Rijeka, Croatia, will remove doughnuts, sweet buns, pizza, and other bakery items from students’ snack menus, replacing them...

46-Kilometre Transmission Line Planned for Bosnia’s Largest Wind Farm

The impact study was prepared by consulting firm Tehnozaštita d.o.o. Mostar. The Široka Draga wind farm, located on the southern slope of Kamešnica Mountain...

Kotor’s Maritime Legacy on Display in Tirana Exhibition

As part of “Montenegrin Culture Week in Albania,” Montenegro's Maritime Museum has unveiled the exhibition Five Centuries of Boka Bay in European Cartography at...

Zagreb Advent Celebrates 10 Years of Festive Magic

This year marks the 10th anniversary of Zagreb’s beloved Advent festival, with the city set to dazzle once more. The celebrations begin on November...

Austria’s Palfinger to Build €70 Million Production Facility in Slovenia

The Slovenian government is set to contribute up to 30% of the investment. Palfinger, employing over 12,000 people across 31 global sites, has operated a...

Austria Extends Border Controls with Hungary and Slovenia Until May 2025

Austria has decided to extend its internal border controls with Hungary and Slovenia for another six months, until May 2025. The extension aims to curb...

Bosnia Approves Bold Wage Reform to Boost Worker Incomes

Bosnia is promising nearly double the income for many workers, with the new minimum wage set to exceed 600 euros.  Under this initiative, employers will...

Belgrade to Open First Startup Factory in January

In January, Belgrade will launch its first startup factory, the Tesla Venture Studio, which aims to create and strengthen startups while serving as a...

Macedonian E-commerce Sees Small Purchases, Social Media Habits and Cash Preference

Macedonian online shoppers, like others in the region, are digitally connected but mostly for social media and phone calls. With most purchases below €50...

Is the Party Over for Belgrade’s Floating Club Scene?

Belgrade’s iconic splavs—floating bars and clubs on the Danube and Sava rivers—have long defined the city’s energetic nightlife, attracting locals and tourists alike to...

Proposed Doha-Dubrovnik Flight to Strengthen Qatar-Croatia Ties

Dubrovnik’s Mayor, Mato Franković, has proposed a direct flight between Dubrovnik and Doha, aiming to boost tourism and deepen ties between Croatia and Qatar....

Macedonia’s Neokom Marks Decade of neoCloud with Expansion Plans

With over 30 years in the industry, Neokom seized the event to announce an ambitious expansion of its neoDC data centers beyond the capital,...

Promoting Gender Equality: Addiko Bank Partners with Women on Boards Adria

Addiko Bank has joined forces with Women on Boards Adria (WOBA) in a strategic partnership to promote gender equality and increase the representation of...

Croatia’s Rimac to Drive Saudi Arabia’s First EV Brand

This high-stakes collaboration will see Rimac’s state-of-the-art Electric Drive Systems (EDS) powering Ceer’s premier line of luxury electric vehicles, setting a new standard for...

Sarajevo Airport to Launch Eight New Routes Amid Tourism Boost

Announced by the Government of the Sarajevo Canton, the new routes follow a public call from the Sarajevo Canton Tourism Association, offering subsidies to...

Morocco Becomes EU’s Leading Car Exporter After China

In a shift within Europe’s automotive supply chain, Morocco has surged to become the second-largest car exporter to the European Union, trailing only China....

UAE’s Alcazar Energy Sets Sights on Serbia with Major Wind Farm Acquisition

UAE-based Alcazar Energy Partners has announced its acquisition of the 200-megawatt "Celsius 1" wind farm project from Austrian firm RP Global.  The venture, located in...

Tourism Boom in Macedonia as Foreign Visitors Surge

In September alone, the country welcomed 134,829 tourists—a 75.4% majority of whom were from abroad, according to the State Statistics Office. This marks a...

First Robot-Created Artwork Sells for Over $1 Million at Auction

The piece, a 2.2-meter portrait of British mathematician and computer science pioneer Alan Turing titled "A.I. God," was sold at Sotheby’s in London to...

Croatian Scholarship Fund Awards 40 New Scholarships to University Students

Following a rigorous selection process, forty high school graduates from Croatia and Bosnia & Herzegovina have been chosen as recipients of the CSF scholarships....

Ancient Neanderthal Settlement Unearthed in Slovenia

Nestled high above cliffs near the village of Šembije, the Uršnja Luknja cave has become a significant site for prehistoric study.  The small cave, less...

Petrol Increases Stake in Geoplin to 99.35%

As a result, Petrol has increased its ownership stake in Geoplin to 99.35% and now holds a 12.72% stake in Plinhold. According to an announcement...

Adriatic Region to Invest €200 Million in Cruise and Ferry Infrastructure

The Adriatic region is set for a significant boost in maritime infrastructure with an investment of €200 million over the next two years, marking...

Flatio Targets Digital Nomads with Trawerk Acquisition to Expand in Croatia

The acquisition adds 860 hosts and 1,063 listings, bringing Flatio’s total to 1,453 properties in Croatia, and signals Flatio’s commitment to catering to the...

UK Targets Western Balkans as Key Front in Battle Against People-Smuggling Networks

In an effort to stem the flow of illegal migration into the UK, Prime Minister Sir Keir Starmer has announced new agreements with Serbia,...

Interliber, Croatia’s Largest Book Fair, Returns to Zagreb Next Week

Interliber, Croatia’s largest and most popular book fair, will take place from 12 to 17 November at Zagreb Velesajam.  Now in its 46th year, the...

EU Sees Rise in Average Full-Time Annual Salaries in 2023

In 2023, the average annual salary for full-time employees in the European Union rose to €37,900, marking a 6.5% increase from €35,600 in 2022. According...

Trump’s Return to the White House: Reactions from the Western Balkans

Preliminary results indicate Trump secured 292 electoral votes, reclaiming the presidency after a four-year hiatus. Trump's victory was bolstered by wins in key battleground states,...

Older Convertible Mark Banknotes Set to Be Withdrawn in Bosnia and Herzegovina

The Central Bank of Bosnia and Herzegovina (CBBH) has announced the gradual withdrawal of older convertible mark (KM) banknotes in denominations of 10, 20,...

Historic Hotel Continental Joins Accor Group

This move marks a significant boost for Rijeka’s tourism landscape, positioning the city as a key international destination for discerning travelers. At a formal signing...

Slovenia Reaches EU Renewable Energy Target, Achieving 25.07% in Final Energy Consumption

Originally set to achieve this 25% target by 2020, Slovenia fell short and incurred nearly €18 million in costs over the past three years...

2024 Becomes Most Expensive U.S. Election in History

As we await the final and confirmed results of the 2024 U.S. elections, let's look at an unprecedented milestone it has already set: it...

Belgrade to Host Global AI Summit in December

Belgrade will host the Global Partnership on Artificial Intelligence (GPAI) summit on December 3rd and 4th, bringing together over 500 experts from more than...

Making Waves: Dina Levačić Becomes First Croatian Woman in Marathon Swimming Hall of Fame

Croatia’s own Dina Levačić has just made a splash in the International Marathon Swimming Hall of Fame, becoming the first Croatian woman to earn...

Bosnia and Herzegovina Approves Law for Sunday Shops Closure

The law passed with strong support, with 55 votes in favor, one against, and three abstentions. The law will come into effect eight days after...

BASF and Acies Bio Forge Partnership for Sustainable Biotech Solutions

This collaboration combines BASF's drive for innovative solutions with Acies Bio’s “OneCarbonBio” platform, which efficiently converts CO2-derived renewable methanol into key chemical raw materials,...

EU Gas Storage Surpasses Winter Targets

The European Union’s gas reserves have reached 95% capacity ahead of winter, surpassing the EU’s minimum requirement for 1 November, according to the European...

Slovenia and UAE Establish New Business Council 

The landmark accord was signed during Slovenian President Nataša Pirc Musar’s first official visit to the UAE on 3 and 4 November, marking a...

Slovenia Reaches Out to Bosnian Workers with Competitive Wages and Benefits

In a bid to address labour shortages, Slovenia has set its sights on workers from Bosnia and Herzegovina, where approximately 15,000 work permits are...

Taco Bell Prepares Entry into Serbian Market

The American fast-food chain Taco Bell, famed for its Mexican-inspired offerings, is preparing to enter the Serbian market, with its first restaurant expected to...

Krk Achieves Zero Waste Certification, Leading the Way in Sustainable Waste Management

This recognition, granted by Zero Waste Europe (Mission Zero Academy), celebrates exceptional efforts in sustainable waste practices across Krk's seven municipalities: Krk, Baška, Dobrinj,...

New Routes Expand Connectivity from Skopje and Ohrid Airports in 2025

North Macedonia will add six new international flights from Skopje and Ohrid in 2025, broadening travel options for both local citizens and tourists. Minister...

Serbia Launches First Hydrogen Pilot Project with German Support

Serbia has embarked on its first hydrogen pilot project, HyDSerbia, in collaboration with Leipzig-based Leipziger Energiegesellschaft.  Backed by funding from the German government as part...

EU to Launch Probe into Chinese Retail Platform Temu over Potential Sale of Illegal Products

This move follows an inquiry sent to Temu on October 11 under the EU’s Digital Services Act (DSA), which seeks clarification on the steps...

World’s Leading Graphene Nanotube Manufacturer Unveils Cutting-Edge Facility in Serbia

Luxembourg-based OCSiAl, the world's largest producer of graphene nanotubes, has launched a state-of-the-art synthesis facility in Stara Pazova, Serbia, marking a significant stride in...

Croatia Among EU’s Cheapest for Household Electricity and Gas in Early 2024

Well below the European average, according to Eurostat data for the first half of 2024, Croatia continues to stand out in the EU for...

WH Smith Expands into Serbia with First Stores at Belgrade Airport

This November and December, WH Smith will open two stores at Nikola Tesla Airport in Belgrade. A third store is set to follow in...

Wizz Air Links Sarajevo and Rome with New Direct Route

The airline’s corporate communications manager, Olivia Harangozó, expressed excitement over this expansion, stating, “Equipped with our ever-growing fleet of state-of-the-art aircraft, we continue to...

ÖBB Rail Cargo Group Launches New Direct Rail Connection Between Serbia and Croatia

ÖBB Rail Cargo Group (RCG) is enhancing its TransNET network with a new direct rail link between Serbia and Croatia, marking a significant advancement...

Advancing the EU Agenda: Key Steps for Western Balkans Integration

The European Commission adopted its latest Enlargement Package, mapping out the progress and future paths of Western Balkan nations towards EU membership. The detailed...

Growing Trend: Southern Europe’s Young Adults Remain with Parents Well Into Their 30s

According to recent data from Eurostat analyzed by the statistical portal "Landgeist," young people in Montenegro and North Macedonia are among the latest to...

Emily Coffman Krunic Appointed as USAID Mission Director in Bosnia and Herzegovina

The U.S. Agency for International Development (USAID) has named Emily Coffman Krunic as the new Mission Director for Bosnia and Herzegovina. This marks her...

Slovenia’s Don Don Partners with Mexico’s Bimbo Group to Expand Global Reach

Slovenian bakery group Don Don has confirmed a strategic agreement with Mexico’s Bimbo Group, positioning Don Don within one of the world’s largest bakery...

Podravka Powers Up Sustainability with €5M Solar Investment

This year, the company installed an additional 9,158.2 kW of solar capacity across its facilities in Koprivnica, Varazdin, Dugopolje, and Slovenia's Maribor, generating over...

Croatia’s Dalmatia Tower Named Europe’s Best Green Building Project

Recognised by the Europa Property organisation, headquartered in Budapest, the award celebrates excellence in sustainable architecture and honours Dalmatia Tower’s achievement among notable competition,...

Montenegro Secures €80 Million Development Loan from World Bank for Economic Growth

Following Montenegro’s completion of challenging reforms jointly established with the World Bank, Finance Minister Novica Vuković has signed a Development Policy Loan (DPL) agreement...

Over One-Third of Global Tree Species at Risk of Extinction

Around 38% of the world's tree species are currently under threat of extinction, largely due to deforestation, climate change, urban development, and invasive species,...

Ljubljana Region Launches €5.4M E-Bike Network

The Ljubljana Urban Region is set to launch a public e-bike rental system across its 21 municipalities, with plans to install 94 docking stations,...

Serbian Dish Belmuž Ranks Among World’s Top Cheese Dishes

Cheese dishes hold a special place in the hearts of food lovers, and Taste Atlas has ranked the ten best from around the globe....

Kosovo’s Siparantum Choir Wins Gold at World Choral Cup in Barcelona

Kosovo's Siparantum Choir has claimed a Gold Medal and a Special Award for Best Contemporary Program and Stage Performance at the prestigious "Sing for...

Serbia Aims for Nearly Half of Energy from Renewables by 2030, Says NALED

Transitioning to renewable energy, encouraging sustainable innovation, and boosting investments in green technologies are key initiatives driving Serbia’s ecological and competitive future, concluded the...

Evidence of Female Power Uncovered in Ancient Peru

New discoveries in Peru are shedding light on the influential roles women held in the ancient Moche civilisation along the country’s northwestern coast.  At the...

Emirates Telecom Group Acquires Majority Stake in PPF’s Eastern European Operations

In a landmark $2.15 billion deal, Abu Dhabi’s Emirates Telecommunication Group Company, also known as Etisalat or "e&," has acquired a majority stake in...

Slovenia Reverses Decision on Krško 2 Nuclear Referendum

The National Assembly in Ljubljana reversed its initial decision after the parliamentary Committee for Infrastructure, Environment, and Spatial Planning unanimously voted to withdraw the...

Italy Claims 70% of EU Pasta Production

In 2023, pasta production in the European Union reached an impressive 6.2 million tons, valued at €8.9 billion. Italy, the undisputed leader, contributed a...

Statkraft to Withdraw from India, Netherlands, and Croatia 

Norwegian renewable energy company Statkraft has announced plans to exit India, the Netherlands, and Croatia, in a reorganization move set to take effect on...

Comment By Zoran Panović

At a Tortoise’s Pace

At the 19th Bled Strategic Forum, Serbia’s Prime Minister Miloš Vučević assured us that there’s no Plan B when it comes to joining the...

Dejan Šoškić, Professor at the University of Belgrade

The Euro’s Impact on Regional Economies

Tying regional currencies to the euro offers stability but poses potential risks to economic growth and competitiveness, particularly in developing economies The monetary policies of...

Tanja Fajon, Slovenia’s Deputy Prime Minister

Deepen Trade and EU Ties

Strengthening Bonds: Slovenia and Serbia Discuss Trade, EU Integration, and Future Cooperation Slovenia and Serbia, two countries with a shared history and close ties, continue...

H.E. Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers

Dubai Eyes Investment in the Adria Region

In an exclusive interview with The Region, H.E. Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, discusses the promising prospects for economic...

Branimir Jovanović, Economist at the Vienna Institute for International Economic Studies (wiiw)

Nearshoring and Decarbonisation Could Transform the Western Balkans

When the Covid-19 pandemic disrupted global supply chains, many anticipated that it would accelerate a shift towards nearshoring. The expectation was that multinational companies,...

Ivailo Izvorski, Chief Economist for the Europe and Central Asia, World Bank

Western Balkans on the Path to Sustainable Growth

The Western Balkans are showing signs of growth and resilience, with sectors like tourism and remittances rebounding, yet challenges from COVID-19 and inflation persist...

Women Leading the Way in the Adria Region, But Is Equality Still Elusive?

In the Adria region, where the leadership of two nations by women might signal progress, the deeper reality reveals an ongoing struggle for gender...

Radmila Trifunović, Metalac CEO

The Region Changes, Trust Remains

Over the last five years, we’ve invested €23 million in projects related to production automation, logistics, green transition and artificial intelligence. And this process...

Jefimija Pavićević, CFO, Zeta Energy Danilovgrad

Real Results Yet to Come

Zeta Energy, representing a joint venture between Montenegro’s EPCG and Norway’s NTE, aims to preserve and increase the capacity of existing small hydropower plants,...

Reflection of the Evolving Identity

As the countries of the Adria region transition through periods of social and economic change, architecture has emerged as a crucial element in defining...

Predrag Milutinović, Dipl. Ing. Arch, Founder & Owner, MAPA Architects

Designing Today for Tomorrow

As he awaits the call to leave his mark on his hometown of Ivanjica, architect Predrag Milutinović continues to shape a diverse array of...

Prokopije Perić, CEO, Plus d.o.o. Podgorica

Staying Ahead of the Game

In this interview, Prokopije Perić, CEO of Plus d.o.o. Podgorica, reflects on the company’s success built on strategic planning, investment in employees, and partnerships...

Chad Blewitt, Jadar Project Managing Director, Rio Tinto

Exploring the Future of Serbia’s Jadar Project

In this interview with The Region, Chad Blewitt, Managing Director of Rio Tinto’s Jadar Project, addresses the opportunities and challenges posed by the company’s...

Culture Around the Region

Good Cooperation Mechanisms Lacking

Everything Ends, the new film by celebrated Croatian director Rajko Grlić, had its Belgrade premiere in October and was met with a resounding ovation....

Challenges, Disparities, and the Path Forward

While Slovenia and Croatia maintain excellent water quality, the rest of the Adria Region faces declining standards that demand significant investment in water infrastructure Despite...

Highlights from the 30th Sarajevo Film Festival and 58th BITEF

Spotlight on Art and Innovation

This year, two of the most recent and prominent cultural events in the Adria region have taken centre stage: the 30th Sarajevo Film Festival...

30th Sarajevo Film Festival

This year's top honour, the Heart of Sarajevo award for Best Feature Film, went to Three Miles to the End of the World, directed...

58th Bitef Festival

This year’s edition was notable not only for its compelling slogan, but also for the rich diversity of international productions that graced its stages,...

Sustainable Luxury

The New Frontier in the Adria Region

As the global travel industry moves toward more eco-conscious and responsible tourism, the luxury sector in the Adria Region is undergoing a transformation. Highend...

Canoe Slalom European Championship 2024

Paddling Glory in Tacen

The 2024 ECA I Feel Slovenia Canoe Slalom European Championships in Tacen, Slovenia, was a sporting spectacle wrapped in a story of resilience and...

Dongfeng Opens First Sales and Technical Centre in Slovenia

The centre, located in Kamnik pod Krimom, just 10 kilometres south of Ljubljana, is operated by local importer Plan-net Avto. At the inauguration event on...

Croatia’s Startups: Navigating Challenges, Seizing Success

From artificial intelligence to agriculture tech, this small but mighty country is proving that innovation can thrive even in a competitive landscape. Croatian startups...

Podgorica Hosts Montenegro’s First-Ever Senior Fashion Show

Renowned fashion designer Seka Martinović’s collection, inspired by Jovanka Broz, was modelled by residents from the local retirement home. Among the models, the oldest,...

Should Non-EU Citizens Pay More to Visit the Louvre?

Minister Rachida Dati, has floated a proposal to introduce higher ticket prices for non-EU citizens visiting the Louvre, as well as charging entry fees...

Orban Pledges Support for Montenegro’s EU Membership Progress

Hungarian Prime Minister Viktor Orban announced that he and Montenegrin Prime Minister Milojko Spajić have reached an agreement for Montenegro to close certain chapters...

EU Approves Reform Agendas, Unlocking €6 Billion Growth Facility for Western Balkans

These ambitious agendas outline the socio-economic and fundamental reforms that the five Western Balkan governments will undertake to drive growth and closer integration with...

Burger King Returns to Slovenia with New Franchise Partner

The franchise will be operated by Marche, known in Slovenia for its highway rest-stop restaurants, or its owner, the French travel and hospitality group...

Marsecchia in Rijeka Named Croatia’s Best Speciality Coffee Shop

The annual European Coffee Trip Awards, which recognise the top speciality coffee shops across Europe, saw Marscecchia take the top spot in Croatia. The café,...

Croatia’s Gaming Industry Defies Global Slowdown

As anticipation builds for Zagreb’s Reboot InfoGamer Expo, the local association of Croatian gaming studios has revealed insights into the industry's workforce and key...

BiH Adopts Ambitious Building Renovation Strategy for 2050

This long-term plan, developed by the Ministry of Spatial Planning, focuses on improving energy efficiency across the country’s building stock, which is set to...

Hyla Wins Prestigious Golden Gazelle Award for High-Growth Enterprise

The award, presented by the Slovenian newspaper publisher Dnevnik, celebrates the company’s remarkable business growth and innovation. Hyla has successfully transformed its engineering invention into...

Šibenik Celebrates Basketball Legend Dražen Petrović on His 60th Birthday

Born on 22 October 1964, Petrović’s career was tragically cut short at just 28 years old when he died in a car accident in...

Zadar Airport Becomes Croatia’s First “Green” Airport

Supported by EU funds under the National Recovery and Resilience Plan 2021-2026, the project aims to drastically cut greenhouse gas emissions while enhancing environmental...

Montenegro officially bans plastic bags, fines up to 40,000 euros

The new law, which aims to curb environmental damage and protect public health, imposes hefty fines ranging from €1,000 to €40,000 for those who...

BRICS Nations Amass Over 20% of Global Gold Reserves

The BRICS nations – Brazil, Russia, India, China, and South Africa – now hold over 20% of the world’s total gold reserves, highlighting the...

Novi Sad Lands Major Investment Deal with Shanghai Automotive Giant SHAC

The factory, set to open next year, will employ 150 workers and produce vehicle chassis for the European market. “This is a highly important investment...

Montenegro’s FDI Surges, Driven by Real Estate Investments

At the same time, €244.99 million flowed out of the country, largely due to resident investments abroad and the withdrawal of non-resident funds. The net...

Edi Rama: “Migration Requires Smart Management”

The interview, covered by Deutsche Welle, highlights Albania's ongoing two-decade-long effort to join the European U