Belgrade – ideal place for world’s millionaires

BELGRADE – The residential and commercial property consultancy Knight Frank has put Belgrade on the list of locations with a potentially bright future that could become an ideal place for the world’s millionaires. In its Wealth Report 2015, besides Belgrade, the consultancy lists Panama City, Addis Ababa and Yangon as the cities with rising millionaire … Read more

Banks In Serbia

As a foreigner in Serbia, similar to the other countries, you cannot get full service in the bank as you can in your home country.  But you can find a bank that will not take you too much provision when redrawing your money from ATM. There are plenty of international and domestic banks that operate … Read more

Esmark Steel Group interested in Zelezara Smederevo

BELGRADE – The steel company Zelezara Smederevo could get a strategic partner soon and revive its production, since the US based Esmark Steel Group is interested in a partnership, but the Serbian government will have the last say. Zelezara Smederevo financial director Bojan Bojkovic told Tanjug Esmark Steel Group was interested in a partnership and … Read more

Johnson Electric Production Plant Opens In Nis

NIS – A Johnson Electric production plant – an investment worth EUR 20 million that will provide jobs for 250 people – opened in Nis on Friday. The company’s chairman and CEO Patrick Wang and Serbian Minister of Economy Zeljko Sertic participated in the ribbon-cutting ceremony. Johnson Electric is a Hong Kong-based global manufacturer of … Read more