Serbia remains among countries with medium business risk and stable rating

Source: Beta/Tanjug Wednesday, 12.07.2017. 10:29
The credit rating agency Dun & Bradstreet reported on July 11 that Serbia was still among the countries with a medium business risk and a stable rating. Of the countries in the region, Croatia, Bulgaria, Hungary, Macedonia and Albania belong to the same group.

Slovenia and Romania have a better rating as countries with mild business risk, whereas Bosnia and Herzegovina, as a high risk country, has a lower rating than Serbia.

The rating of a country indicates the risk of doing business in that country and provides information about the efficiency of foreign payments, as well as the cost-effectiveness of potential investments.

The June report by D&B says that the web infrastructure in Serbia will develop at an increased pace thanks to the signing of an agreement on the establishment of a new, faster network between the Government of Serbia and the Chinese company Huawei.

The analysis adds that the considerable y-o-y growth of Serbia's exports of 15.3% in the first three months of 2017 opens new options for sale in the country and that it is stimulated primarily by a strong growth of private consumption, net income, employment and relatively favorable loan terms.

Another result of the growth of the production sector in Serbia is the y-o-y growth if imports of 13.5% in the first three months of 2017, which has stimulated demand for capital investments, D&B notes.

D&B is the biggest and oldest credit rating agency in the world. It has existed for more than 175 years, and its representative in Serbia is the company Bisnode.
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