AGP Executive Report
Last update: 4 hours agoIndustrial Output: Serbia’s industrial turnover rose 14.8% year on year in August, led by a 46.2% jump in mining and 13% growth in manufacturing. Automotive: FCA Serbia swung to a 3.71 billion-dinar profit in 2025 as production of new models, including the Fiat Grande Panda, lifted revenue nearly tenfold. Construction: August building permits fell 3.9% from a year earlier, with 3,771 homes planned. Transport: Direct Belgrade–Vienna trains are planned for 2027, with two services daily in each direction and a journey time of about six and a half hours, subject to route approval in Hungary. Belgrade and Air Serbia will host IATA’s Wings of Change Europe conference in October 2027. Investment and Trade: Machinery maker ENGEL is expanding its production network with a Serbia site, while the Hungary–Serbia oil pipeline has received environmental approval for construction. Nearly 2,000 Slovenian companies are expected at EXPO 2027 in Belgrade. Energy and Outlook: Reports say 17 engineers have left EPS as electricity and coal production declined. The IMF forecasts Serbia’s economy will grow 3.3% in 2026 and 4% in 2027.
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