CorD Magazine

01/11/2024

Interview with Dr Nina Drakić, President of the Chamber of Commerce of Montenegro

“I have no doubt that the business community, and the economy as a whole, will contribute to the implementation of the EU Growth Plan for the Western Balkans.“

The basic prerequisites for sustainable growth in the period ahead are the stabilising of political conditions and the improving of the investment environment. The business community needs to be actively engaged in decision-making processes regarding economic policy Following numerous challenges –...

01/11/2024

Interview with Predrag Zenović, Chief Negotiator of Montenegro with the European Union, Ministry of European Affairs

“Montenegro represents a driving force for European integration in the region, which is crucial for establishing economic, political and security stability—a key principle of the EU for political stability, security and economic development across the Balkans.“

Montenegro represents a driving force for European integration in the region, which is crucial for establishing economic, political and security stability—a key principle of the EU for political stability, security and economic development across the Balkans Even in times of crisis and internal co...

01/11/2024

Interview with Simonida Kordić, Montenegrin Minister of Tourism

“Investments in tourism are crucial, and we work with the Competitiveness Council and the Foreign Investors Council to remove business barriers.”

Diversifying the tourism product and expanding the offer across the entire country, as well as beyond the peak season, represent the foundation blocks of our planning and strategic documents Tourism is a key economic sector in Montenegro, accounting for a third of the country’s GDP, but it is also...

31/10/2024

Interview with Novica Vuković, Minister of Finance of Montenegro

“The improvement of the country’s credit rating, as one of the key economic parameters, represents a a strong indicator of the stability and progress that Montenegro has achieved, particularly in terms of fiscal policy and economic reforms.“

The macroeconomic environment is stable, with growth exceeding expectations. And we aim to improve living standards and the investment environment by reforming tax and fiscal policies Montenegro has a stable financial position, with the continuous collection of budget revenues, which exceeded the pl...

31/10/2024

Corporate social responsibility is one the main priorities of Nestlé, which strives to consistently develop more sustainable practices across all areas of operations. In this interview Marjana Davidovic, the company’s country manager for Serbia, Montenegro and North Macedonia, explains how these best practices are being implemented and are yielding results locally.

Read more at the link https://tinyurl.com/2jzyr5uc

31/10/2024

Zafiris Lampadaridis, President of the FIC Tourism & Hospitality Committee (Hyatt Regency Belgrade)

"Serbia’s tourism and hospitality sector has significant growth potential. By focusing on infrastructure, education, and collaboration, Serbia can strengthen its position as a competitive and attractive destination on the global tourism map."

Serbia’s tourism and hospitality industry has strong growth potential and opportunities to enhance its global competitiveness The tourism and hospitality industry is undergoing significant changes, driven by several emerging trends. Globally, sustainable tourism is gaining traction, with travelers...

30/10/2024

Interview with Nik Gjeloshaj, Montenegrin Deputy Prime Minister for Economic Policy and Ministry of Economic Development

"Montenegro’s approach, to economic development – centred around tourism, ICT, agriculture, energy and SMEs, and coupled with strategic government measures – promotes long-term stability and growth."

Montenegro’s approach, to economic development – centred around tourism, ICT, agriculture, energy and SMEs, and coupled with strategic government measures – promotes long-term stability and growth ~ Nik Gjeloshaj The prerequisites for Montenegro’s political and economic stability are multidi...

30/10/2024

Nebojsa Lukač, President of the FIC Legal Committee (Independent Attorney at Law, in Cooperation With PwC Serbia)

"In order to accelerate the green transition, Serbia could improve its regulatory framework in the field of environmental protection by strengthening its legislation and aligning it with EU standards, such as the Air Quality Directive and the Industrial Emissions Directive."

As promoters of global sustainability standards, FIC members can help Serbia align its business practices with the highest environmental criteria In order to accelerate the green transition, Serbia could improve its regulatory framework in the field of environmental protection by strengthening its l...

30/10/2024

Dusan Lalić, Co-president of the FIC Financial Services Committee (Generali Insurance Srbija)

"It is crucial for legislators to recognise the importance of digitalisation and actively encourage financial market participants to digitalise their operations as much as possible, while keeping their clients in mind."

Read more at the link https://tinyurl.com/4a8eek58

30/10/2024

Dragan Drača, President of the FIC Taxation Committee (PricewaterhouseCoopers)

"Unlike in EU countries, there are no changes to tax regulations on the horizon in Serbia that would support OECD principles and the Green Agenda, nor have significant amendments been made to domestic tax regulations."

Unlike in EU countries, there are no changes to tax regulations on the horizon in Serbia that would support OECD principles and the Green Agenda, nor have significant amendments been made to domestic tax regulations Significant changes in taxation are taking place at the international level, such as...

29/10/2024

We are proud to present you the Guide to Montenegrin Foreign Investors Council - Stability & Reform Lead to Success

Read all at the link https://tinyurl.com/m2fz2r4c

29/10/2024

Daniel Šušnjar, President of the FIC Telecommunications & Digital Economy Committee (Yettel.Srbija )

The past year has been marked by substantial progress for the Telecommunications & Digital Economy Committee, reflecting our commitment to drive innovation and regulatory excellence.

The past year has been marked by substantial progress for the Telecommunications & Digital Economy Committee, reflecting our commitment to drive innovation and regulatory excellence Serbia has experienced many novelties in the telecommunications sector over the past year, including the notable highl...

29/10/2024

The Foreign Investors Council (FIC) has been a key organisation in fostering a more favourable business environment since its 2002 inception. The FIC has achieved a number of important milestones over the years, which have contributed to the overall advancement of Serbia’s business landscape, its economic growth and improved standard of living for citizens.

Through its advocacy for regulatory reforms and efforts to boost economic competitiveness, as well as its focus on public-private dialogue and sustainability, the FIC has been pivotal in shaping Serbia’s dynamic economic environment The Foreign Investors Council (FIC) in Serbia has been a key orga...

28/10/2024

Marking 35 Years Since the Fall of the Berlin Wall

“Over the course of just a few years, the world had switched from bipolar to unipolar, with some states disappearing and others emerging.”

“Twenty thousand people / Cross Bösebrücke / Fingers are crossed / just in case” ~ David Bowie, Where Are We Now? (2013) Speaking at an East Berlin press conference held shortly before 7pm on 9th October 1989, following several weeks of protests and civil unrest, East German representative Gü...

28/10/2024

Danilo Mrvaljević, Co-President of the FIC Financial Services Committee (Banca Intesa)

"Through the organising of public events that bring together key stakeholders from the world of public policy and business, and through the work of our committee, we generate new ideas to improve the financial market."

Read more at the link https://tinyurl.com/4sawjfnw

25/10/2024

Interview with Matteo Colangeli, European Bank for Reconstruction and Development (EBRD) Regional Director for the Western Balkans

"Commitment to reforms, strong partnerships and growing presence on the ground key to position Serbia among top recipients of investment."

Read more at the link https://tinyurl.com/7skvnwcw

25/10/2024

Explore this stunning collection of women’s dresses, featuring a variety of styles, from elegant evening gowns to casual chic, perfect for every occasion.

Explore this stunning collection of women’s dresses, featuring a variety of styles, from elegant evening gowns to casual chic, perfect for every occasion DRIES VAN NOTEN Dries Van Noten makes such good use of color and pattern – this dress has a checkered motif that’ll look great with neutrals...

25/10/2024

Interview with Jorgovanka Tabaković, Governor of the National Bank of Serbia NBS

"Serbia should continue to do what it has done over the past 12 years. Economically, it should maintain the macroeconomic and financial stability achieved and continue implementing structural reforms. Judging by economic growth forecasts and the gradual decline in inflation, turbulent times are behind us and new reform challenges lie ahead."

Serbia should continue to do what it has done over the past 12 years. Economically, it should maintain the macroeconomic and financial stability achieved and continue implementing structural reforms. Judging by economic growth forecasts and the gradual decline in inflation, turbulent times are behin...

24/10/2024

Interview with Nicola Pontara, World Bank Country Manager for Serbia

"Very clear steps exist that would enable Serbia to boost its economic growth rates. They imply the implementing of measures for switching to a fully-fledged market economy, strengthening human capital, institutions and governance, as well as accelerating trade with the region and the EU."

Very clear steps exist that would enable Serbia to boost its economic growth rates. They imply the implementing of measures for switching to a fully-fledged market economy, strengthening human capital, institutions and governance, as well as accelerating trade with the region and the EU Serbia has a...

24/10/2024

At the The International School of Belgrade (Official) (ISB), wellness is more than just a concept; it’s a core value. We take a holistic approach to wellness, supporting the physical, mental, emotional, and social well-being of every member of our community. By fostering balance and growth, ISB creates an environment where everyone feels valued, connected, and empowered to thrive.

At the International School of Belgrade (ISB), wellness is more than just a concept; it’s a core value. We take a holistic approach to wellness, supporting the physical, mental, emotional, and social well-being of every member of our community. By fostering balance and growth, ISB creates an envir...

24/10/2024

Economic cooperation between the Western Balkans and the European Union, facilitated by the Berlin Process, has laid the foundation for dialogue and integration, promoting sustainable development and deeper business ties across the region.

Deutsch-Serbische Wirtschaftskammer / Nemačko-srpska privredna komora

To mark ten years of the Berlin Process, the Western Balkan Business Forum was held in Berlin at the end of September, under the theme “Western Balkans as an Economic Area on the Path to the EU – 10 Years of the Berlin Process”. The event, opened by German Minister of Economic Affairs Dr. Robe...

23/10/2024

Dragana Stikić, Co-President of the FIC Anti-Illicit Trade & Food Committee (Nestlé Adriatic S d.o.o.)

"The successful identification of issues arising from the overlapping of responsibilities between different ministries, and proposals to overcome them, are aimed at improving the business environment for domestic players in the food sector."

Read more at the link https://tinyurl.com/yxa3nezp

23/10/2024

Svetozar Cvetković, actor, is this year’s recipient of Serbia’s top award for lifetime achievement in film, the Pavle Vuisić Award, and a three-time winner of the country’s highest award for theatre performance, the Sterija Award. He spent 12 years as a very successful administrator of theatre Atelje 212, where he also spent much of his working life.

He is this year’s recipient of Serbia’s top award for lifetime achievement in film, the Pavle Vuisić Award, and a three-time winner of the country’s highest award for theatre performance, the Sterija Award. He spent 12 years as a very successful administrator of theatre Atelje 212, where he a...

23/10/2024

Danilo Mijušković, President of the FIC Serbia Pharma Industry Committee (Merck Group )

At the FIC Pharmaceutical Industry Committee, we believe that one of the key advances in Serbia’s pharmaceutical industry is the state’s increasing investment in improving the availability of new therapeutic options. In practice, this means greater access to medicines and improved healthcare for patients in Serbia.

The pharmaceutical industry in Serbia can offer the state its experience and expertise in order to drive technological advancement in areas such as healthcare digitalisation and the application of artificial intelligence At the FIC Pharmaceutical Industry Committee, we believe that one of the key ad...

23/10/2024

Diplomatic and economic ties between Serbia and Germany represent a nuanced and evolving relationship that is progressing steadily. This is most evident in the two countries’ economic cooperation, which has emerged as the bedrock of their relationship, providing stability even during times of political divergence.

Diplomatic and economic ties between Serbia and Germany represent a nuanced and evolving relationship that is progressing steadily. This is most evident in the two countries’ economic cooperation, which has emerged as the bedrock of their relationship, providing stability even during times of poli...