Venezuela Holds Larger Oil Reserves Than Saudi Arabia; U.S. Opens Access to Resources

Venezuela Holds Larger Oil Reserves Than Saudi Arabia; U.S. Opens Access to Resources

In early December, the United States seized an oil tanker off the coast of Venezuela, marking the first such action related to Venezuelan oil. This event highlights the significance of the oil reserve...

MOL Representatives to Visit NIS for In-Depth Business Analysis

MOL Representatives to Visit NIS for In-Depth Business Analysis

Representatives of the Hungarian oil company MOL will visit the Petroleum Industry of Serbia (NIS) next week, Tanjug has learned. The purpose of the visit is to conduct an in-depth analysis of the com...

Heirs of Billionaire Robert Brockman Agree to Pay $750 Million Over Tax Fraud

Heirs of Billionaire Robert Brockman Agree to Pay $750 Million Over Tax Fraud

The estate of the late technology billionaire Robert Brockman has agreed to pay $750 million to the Internal Revenue Service (IRS) to settle a lawsuit related to the largest individual tax fraud in Un...

Pensions in Serbia Increased, Payment Begins

Pensions in Serbia Increased, Payment Begins

Pensions in Serbia have been increased by 12.2 percent since December, and the payment of increased pensions began on January 3rd and will last until January 6th. The average December pension amounts ...

Tesla Loses Title of Largest Electric Vehicle Manufacturer

Tesla Loses Title of Largest Electric Vehicle Manufacturer

Tesla has lost its position as the world's largest electric vehicle manufacturer, facing a decline in sales for the second year in a row. Several factors have contributed to the decrease in sales, inc...

New Toll Prices in Serbia Starting January 1st

New Toll Prices in Serbia Starting January 1st

New toll prices in Serbia are in effect as of January 1st, and the toll cost per kilometer of public road has been increased in accordance with the length of sections with bridges, viaducts, and tunne...

Economic Changes and New Investments Mark the Beginning of 2026

Economic Changes and New Investments Mark the Beginning of 2026

The beginning of 2026 brings a series of significant economic developments in Serbia and the region. New increases in salaries and pensions have been announced, and in Montenegro, the first landfill g...

Seven Key Trends Shaping Tourism by 2026

Seven Key Trends Shaping Tourism by 2026

The tourism industry is constantly evolving, and predictions for 2026 indicate several key trends that will significantly impact how we travel and experience the world. From the increasing demand for ...

Changes in Employee Compensation in the Public Sector

Changes in Employee Compensation in the Public Sector

Changes are being introduced to the employee compensation system in the public sector. These changes include merging regular work performance and work performance achieved through an increased workloa...

Hipotekarna Banka Appoints New Members to the Management and Supervisory Boards

Hipotekarna Banka Appoints New Members to the Management and Supervisory Boards

Hipotekarna Banka has announced the appointment of new members to its Management and Supervisory Boards. Nikola Špadijer is taking over as Chairman of the Management Board, while Tamara Braunović and ...

Tender Announced for Completion of Works on the Vragodo-Vrioci-Žarski Katun Road

Tender Announced for Completion of Works on the Vragodo-Vrioci-Žarski Katun Road

The Ministry of Public Works has announced a tender for the continuation of works on the Vragodo – Vrioci – Žarski Katun road, located in the municipality of Mojkovac. This project represents a contin...

North Macedonia's Public Revenue Office Collected Over Four Billion Euros in Taxes in 2025

North Macedonia's Public Revenue Office Collected Over Four Billion Euros in Taxes in 2025

The Public Revenue Office (PRO) of North Macedonia announced that in 2025, 4 billion and 426 million euros in taxes and social contributions were collected into the state budget. This is 308.3 million...