AGP Executive Report
Last update: 5 hours agoManufacturing: Austrian plastics machinery maker ENGEL will open a production site in Kikinda, making machined components and recruiting 150 employees over three years. The plant is expected to strengthen European supply chains and shorten delivery times. Energy Infrastructure: The Hungary–Serbia oil pipeline has received a green light for construction, while Serbia is due to start laying pipes for its gas link with North Macedonia. Household Finances: New borrowing rose sharply in the second quarter, with cash loans accounting for 87% of newly approved dinar loans to households—pointing to mounting pressure on everyday budgets. Heating Costs: Pellet prices have climbed to as much as 52,000 dinars, up from 26,000–35,000 dinars last year, as households buy fuel early and demand rises.
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