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

As EU probes TikTok, precedent-setting Romania announces date for election rerun

Romania’s government has approved a repeat presidential election in May after institutional chaos and controversy…

16 hours ago

NATO launches ‘Baltic Sentry’ patrols to counter infrastructure attacks

NATO deployed a multinational flotilla off the Estonian coast at the weekend to defend undersea…

16 hours ago

Polish presidential candidates begin election drive

Poland's presidential election campaign has officially begun, ahead of a pivotal vote for the Central…

16 hours ago

What Trump presidency means for CEE

US President Donald Trump's inauguration ceremony on Monday, 20 January, broke with tradition and extended…

17 hours ago

Croatia returns incumbent in landslide presidential election vote

Croatian President Zoran Milanovic secured a decisive re-election victory, defeating his conservative challenger in a…

1 week ago

Checks remain at Romania-Hungary rail border

Although Romania joined the Schengen free travel area at the beginning of 2025, international trains…

1 week ago