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EPS navigates profit fluctuations and rising electricity imports amid ongoing challenges

During July, August and September, Serbia imported electricity worth approximately $261 million (28 billion dinars), according to the Republic Institute of Statistics. The Electric...

UniCredit Serbia reports 40% increase in net profit for H1 2024

UniCredit’s Serbian branch reported a substantial net profit of nearly €109 million (RSD 12.7 billion) for the first half of 2024, reflecting a 40%...

EPS reports strong Q1 performance: Doubles profit, faces challenges ahead

The Board of Directors of Elektroprivreda Srbije (EPS) Joint Stock Company adopted the Report on the three-year business plan implementation for the first quarter...

Mostogradnja: From bankruptcy to booming business for Millennium Team

The once-mighty construction giant, Joint Stock Company "Mostogradnja," now finds itself in bankruptcy with only two employees. Meanwhile, its almost namesake, "Mostogradnja ING," a...

Air Serbia achieves record profit in 2023 amidst expansion plans

Air Serbia announced today that, based on preliminary results for 2023, it has achieved a record profit of €40.5 million. This milestone is attributed...

MTU business results for 2023: Profit over 800 million euros

The company MTU Aero Engines, which has been operating in Serbia since the end of 2022, announced that last year it had a global revenue of...

Serbia, Oil company NIS operations in 2022 summary

Preserved stability of the domestic market and continued modernization of the NIS Group NIS successfully achieved its priorities in 2022. In the conditions of market instability...

Serbia, NIS earned a record amount of money due to fuel prices

The Minister of Mining and Energy, Dubravka Đedović, spoke today with the General Director of the Oil Industry of Serbia, Kirill Tjurdenjev, about the...
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