After Bankruptcy at Koksara Lukavac, Intervention of the Federation of Bosnia and Herzegovina Government is Sought

After Bankruptcy at Koksara Lukavac, Intervention of the Federation of Bosnia and Herzegovina Government is Sought

Following the opening of bankruptcy proceedings at the Koksara Lukavac coking plant, the issue of providing for approximately 200 workers who are losing their jobs has become a priority. This situatio...

Expressway near Vitez in technical inspection phase, opening expected after completion of access road

Expressway near Vitez in technical inspection phase, opening expected after completion of access road

The Lašva – Nević Polje expressway section, located near Vitez, is currently in the technical inspection phase, but it will not be opened to traffic until the missing section of the access road is com...

Mellon Blue Diamond Sold for €22.2 Million in Geneva

Mellon Blue Diamond Sold for €22.2 Million in Geneva

At an auction in Geneva, Christie's auction house sold a nearly 10-carat blue diamond for approximately €22.2 million ($25.59 million). The diamond, a pear-shaped stone weighing 9.51 carats, named the...

Russian Lukoil Sells Foreign Assets: Croatia in a Plan to Circumvent Sanctions?

Russian Lukoil Sells Foreign Assets: Croatia in a Plan to Circumvent Sanctions?

Russian oil giant Lukoil, due to sanctions imposed by the United States, has accepted an offer from Swedish company Gunvor to purchase all of its foreign assets. This decision, made in Moscow, has att...

Fewer Work Permits for Foreigners in Construction, Future Requires Workers in Social Care

Fewer Work Permits for Foreigners in Construction, Future Requires Workers in Social Care

According to economist Željko Lovrinčević, Croatia will have an increasing need for foreign labor in the future, especially in the social care and healthcare sectors. On the other hand, the constructi...

Solution sought for 550 employees at Lukoil Macedonia due to asset sale

Solution sought for 550 employees at Lukoil Macedonia due to asset sale

In North Macedonia, a solution is actively being sought for the future of 550 employees at the local branch of the Russian company "Lukoil." This move follows the energy giant's decision to sell its a...

North Macedonia and Serbia Strengthen Economic Cooperation Ahead of Business Forum

North Macedonia and Serbia Strengthen Economic Cooperation Ahead of Business Forum

The Deputy Prime Minister of North Macedonia and Minister for Relations Between Communities, Ivan Stoilković, met with the Deputy Prime Minister and Minister of Economy of Serbia, Adrijana Mesarović, ...

BYD Plans to Produce Seal U SUV in Turkey Starting in 2027

BYD Plans to Produce Seal U SUV in Turkey Starting in 2027

Chinese automaker BYD plans to launch production of its Seal U SUV model in Turkey starting in 2027, which could significantly impact the European automotive market, especially in the plug-in hybrid s...

EIB Signs Agreement with North Macedonia's Government to Support Economic Growth and EU Integration

EIB Signs Agreement with North Macedonia's Government to Support Economic Growth and EU Integration

The European Investment Bank (EIB) has signed an agreement with the Government of the Republic of North Macedonia with the aim of strengthening economic support and the country's integration into the ...

Green Transition in the Western Balkans Requires Strong Consensus and Investment

Green Transition in the Western Balkans Requires Strong Consensus and Investment

During the annual Western Balkans 2030 conference, the British Ambassador to Serbia, Edward Ferguson, emphasized the importance of a strong national consensus for adopting green transition laws. He po...

Montenegro: Amendments to the Law on Personal Income Tax Adopted

Montenegro: Amendments to the Law on Personal Income Tax Adopted

The Parliament of Montenegro adopted amendments to the Law on Personal Income Tax, introducing a tax exemption on interest for citizens who invest in bonds issued by the state, the Central Bank of Mon...

Kim Kyllesbech Larsen Appointed Chief Technology Officer of United Group

Kim Kyllesbech Larsen Appointed Chief Technology Officer of United Group

United Group, a leading telecommunications and media company in Southeast Europe, has appointed Dr. Kim Kyllesbech Larsen as its new Chief Technology and Information Officer (CTIO). Larsen will assume...