Featured

Russian firms flock to Serbia post-invasion

Reading Time: < 1 minute

Nearly 300 Russian companies and nationals have been registered in Serbia since Russia launched its invasion of Ukraine on 24 February, Belgrade-based television channel N1 reported

According to Serbia’s Business Registers Agency, 288 Russian companies registered in Serbia between 24 February and 6 April, when Ukrainians registered only 6 firms. In the same period 10 Russian and 3 Ukrainian companies were deregistered from the Serbian companies’ register.

The majority of the newly Serbia-registered Russian firms are in the IT and consulting services sectors. 

Serbia has 876 companies fully or partly owned by Russians, as well as 524 entrepreneurs excluding shareholder societies such as the Serbian Oil Industry (NIS), Yugorosgaz and Lukoil Serbia, which have some Russian stakeholders.

Meanwhile the Balkan country has 173 companies owned by Ukrainian firms or nationals, and 96 entrepreneurs officially registered in Serbia, according to the Serbian business registry, N1 added.

Dan Nolan

Recent Posts

Ukraine arrests pair for spying for Hungary

The Security Service of Ukraine (SBU) has arrested two Ukrainian military veterans in Zakarpattia, west…

20 hours ago

Hungary pays neighbours to avoid blackouts: lessons from Spain’s recent energy crisis

Hungary currently leads the world for share of solar energy in its energy mix, as…

23 hours ago

Rama set to retain power in Albania election

Albanian Prime Minister Edi Rama has claimed victory in Albania’s parliamentary election on Sunday, 11…

1 day ago

Bosnia’s EU accession requires pro-EU coalition – high representative

The EU can formally begin accession negotiations with Bosnia and Herzegovina (BiH) when a stable…

1 week ago

Estonia climbs to second in global press freedom rankings, Czechia makes top ten

Estonia has surged to second place in the 2025 World Press Freedom Index, its best-ever…

1 week ago

Czechia delinks from Russian oil after 60 years

Czechia has halted imports of Russian crude oil delivered via the Druzhba pipelinefor the first…

1 week ago