{"id":44080,"date":"2025-12-23T11:59:24","date_gmt":"2025-12-23T10:59:24","guid":{"rendered":"https:\/\/www.roncucciandpartners.com\/?p=44080"},"modified":"2025-12-23T12:02:40","modified_gmt":"2025-12-23T11:02:40","slug":"serbia-investment-compass-2025-investments-reforms-and-new-perspectives-for-the-serbian-market","status":"publish","type":"post","link":"https:\/\/www.roncucciandpartners.com\/en\/2025\/12\/23\/serbia-investment-compass-2025-investments-reforms-and-new-perspectives-for-the-serbian-market\/","title":{"rendered":"Serbia Investment Compass 2025: Investments, Reforms, and New Perspectives for the Serbian Market"},"content":{"rendered":"

The Serbia Investment Compass is a valuable forum for analyzing, from an operational perspective, Serbia\u2019s investment climate, FDI trends, reforms, incentives, and emerging financial instruments. At a time when the Balkans have returned to the center of nearshoring and diversification strategies, the event offered concrete insights for companies and investors looking at the Serbian market in the 2025\u20132027 timeframe.<\/em><\/p>\n

The \u201cSerbia Investment Compass<\/a>\u201c, organized by CEBAC<\/a> (Council of European Business Associations and Chambers), was held on December 4, 2025, at the Residence of the Italian Ambassador to Serbia, Luca Gori.<\/p>\n

The event took place against a backdrop of global economic uncertainty and domestic challenges within Serbia, particularly the delicate phase affecting the national energy sector.<\/p>\n

The initiative brought together institutional representatives, business associations, investors, and Serbian and European stakeholders active in the economic and financial sectors.<\/p>\n

Institutional Opening Remarks<\/strong><\/h3>\n

One figure that helps contextualize Italy\u2019s presence in Serbia is its existing economic footprint: with nearly \u20ac4 billion in investments and approximately 1,200 registered Italian companies, Italy is Serbia\u2019s third-largest trading partner.<\/p>\n

During the opening session, a key point also emerged: Serbia\u2019s ability to consolidate a new cycle of growth will depend on the combination of contextual stability, reforms, human capital, and access to more diversified financial instruments.<\/p>\n

EU Economic Outlook: Investment Dynamics and Reform Prospects<\/strong><\/h3>\n

De Micco recalled that the European Union\u2019s latest Enlargement Report shows a slowdown in Serbia\u2019s reform path. Nevertheless, the country continues to be valued for the strength of its economic governance\u2014a solid foundation on which to build in the years ahead.<\/p>\n

One of the central issues highlighted was the decline in foreign direct investment: in the first nine months of the year, FDI recorded a 50% decrease compared to 2024.<\/p>\n

The analysis identified both external and internal factors.<\/p>\n

External Factors<\/strong><\/h4>\n

Among the external drivers affecting exports and investments, the European macroeconomic environment and international tensions remain decisive. At the same time, regional competition to attract industrial and technological projects has intensified. For Serbia, the challenge lies in turning its geographic position and manufacturing base into a structural advantage, also through more modern infrastructure and logistics.<\/p>\n

Internal Factors<\/strong><\/h4>\n

On the domestic front, recurring themes included the quality and stability of the regulatory framework, authorization timelines, the ability to retain talent, and the scaling of technical skills. It is precisely this combination\u2014clear rules, human capital, and financial instruments\u2014that underpins much of the country\u2019s credibility in the eyes of industrial and financial investors.<\/p>\n

1) FIRST PANEL \u2013 Investment Trends<\/strong><\/h3>\n
\"Panel
Moderator: Iva Petrovi\u0107. Speakers: Maja Stepanovi\u0107 (CMS), Damien Sorrel (BEI), Janne Ollij\u00e4rvenp\u00e4\u00e4 (Mehil\u00e4inen), Vladimir Tomi\u0107 (SDA)<\/figcaption><\/figure>\n

The panel focused on the evolution of investments over the past 3\u20135 years.<\/p>\n

Vladimir Tomi\u0107, representing RAS (Development Agency of the Republic of Serbia), highlighted three key trends:<\/p>\n