Serbia will remain attractive for capital from Slovenia, whereas Slovenia can expect even bigger investments from Serbia, according to the Ljubljana-based daily Delo and its analysis of the economic cooperation between the two countries up till now and in the future, done through a conversation with the president of the Chamber of Commerce of Serbia (CCIS), Marko Cadez.
Titled “Balkan Country Full of Construction Sites”, the article published by Delo gives a brief overview of Serbia today and reminds of the big investments that are being realized in the midst of the coronavirus crisis as part of the Serbia 2025 program, worth EUR 14 billion. The article also emphasizes the openness of Serbia's economy and the country's progress when its comes to digitization.
It is emphasized that the two chambers are looking for ways of having companies from Slovenia and Serbia act jointly in third markets and make use of digital tools in the current conditions, so as to maintain the contacts.
– In the time of coronavirus, we have all been pushed five years into the future. Practically overnight, we did what we used to think would not be possible for a long time. Remote medical diagnostics, previously obstructed by a range of challenges, some of them legal, has suddenly become our reality – Cadez told Delo and said that, during the health crisis, 30% of the companies in Serbia had digitized their sale of goods and services.
Estimating that, due to the health crisis, the mutual goal of having the goods and services trade between Serbia and Slovenia increase from EUR 1.7 billion in 2019 to EUR 2 billion in 2020 would not be achieved, Delo points to the possibility of economic cooperation and increase of mutual investments and writes that “Serbia is open to investments and expects others to be so as well”.
The article reminds that around 1,200 companies with majority Slovenian capital are registered in Serbia and that the total investments from this country, with the investment of NLB in the purchase of Komercijalna Banka
, will reach EUR 1.6 billion.
It is added that Slovenian investors employ around 25,000 people, that they are on the list of the biggest exporters and that they successfully promote Serbia as a favorable, friendly environment.