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Tag: belgrade

  • Alstom to supply metro trains, infrastructure and digital train control for the future Belgrade metro

    Alstom to supply metro trains, infrastructure and digital train control for the future Belgrade metro

    Alstom has signed a Memorandum of Understanding with the Government of Serbia for the construction of phase 1 of the first line of the future Belgrade metro.

    In this project, Alstom will be responsible for a wide scope of works including the metro trains themselves, digital train control systems, platform screen doors, the infrastructure (the track laying and the power supply solutions) and the transport system integration.

    The construction of the new metro network is expected to start at the end of this year, pending signature of the contract with the relevant Serbian authorities.

    The first two lines will cover a total of around 42 kilometres – the first 22 kilometres, the second nearly 20.

    The first line will run along the Sava river, crossing the Belgrade city centre, linking the Makisko Polje area in south part of the city, to the Mirijevo urban neighbourhood in the north-east.

    The second line will connect Zemun railway station crossing the New Belgrade urban municipality, with an interchange with the first line in Mirijevo.

  • Serbia to digitalize schools with €65 million from EIB

    Serbia to digitalize schools with €65 million from EIB

    The European Investment Bank (EIB) will invest €65 million in the modernisation of primary and secondary schools in Serbia to provide new digital equipment, connectivity, and capacity building training for 50,000 school teachers.

    Schools across Serbia will benefit from modern computer classroom equipment and wireless local area networks, and teachers will be trained to improve their digital skills.

    The project is expected to create up to 700 new jobs.

    The EIB will provide a significant level of technical support in aid of project preparation and implementation.

    To date, the EIB has invested €50 million in the modernisation of Serbian schools, improving the quality of learning conditions for around 28,000 primary and secondary school children in over 200 education facilities in Serbia.

    €200 million has been invested in reviving Serbia’s research and development sector, creating a long-term platform for scientific development in all major areas.

  • Embracer Group acquires Serbian Mad Head Games

    Embracer Group acquires Serbian Mad Head Games

    Embracer Group, through subsidiary Saber Interactive, entered into an agreement to acquire 100 percent of the shares in Mad Head Games.

    The company, based in Belgrade and Novi Sad, Serbia, is an independent game developer led by three founders with a team of 130 people across four offices.

    Mad Head Games was founded in 2011 by Nenad Tomić, Uroš Banješević, and Aleksa Todorović, all three having more than 15 years game development experience.

    The acquisition will strengthen Embracer’s presence in Eastern Europe with the first studio operating in Serbia.

    Mad Head Games will continue to operate as an independent game developer under Saber, with continued leadership by the three founders.

  • Japanese company Nidec Corp to invest $ 1.9 billion in Serbia

    Japanese company Nidec Corp to invest $ 1.9 billion in Serbia

    Japanese company Nidec Corp will spend 200 billion yen ($ 1.9 billion) to build a motor vehicle production plant in Serbia in an attempt to expand its business in Europe, according to an article published by Nikkei.

    According to the source, the Japanese manufacturer has reached the final stage of talks with local authorities for the construction of the plant and an research center.

    The new plant is expected to become operational in 2023 with an annual capacity of between 200.000 and 300.000 units.

    Nidec will also start producing motors for electric vehicles in France and Poland, but the facility in Serbia will be one of the company’s largest production facilities in Europe.

  • Average gross salaries and wages in Serbia at 83.016 RSD in July 2020

    Average gross salaries and wages in Serbia at 83.016 RSD in July 2020

    Average gross salaries and wages calculated for July 2020 in Serbia amounted to 83.016 RSD, while average net salaries and wages amounted to 60.029 RSD.

    Increase of gross salaries and wages in the period January – July 2020, relative to the same period last year amounted to 9.5% in nominal terms, i.e. 7.9% in real terms.

    Simultaneously, net salaries and wages increased by 9.3% in nominal terms and by 7.7% in real terms.

    Compared with the same month last year, average gross salaries and wages for July 2020 increased by 9.2% in nominal terms and by 7.1% in real terms, while average net salaries and wages increased by 9.1% in nominal terms and by 7.0% in real terms.

    Median net salaries and wages for July 2020 amounted to 45 736 RSD, meaning that 50% of employees realised wages and salaries up to the mentioned amount.

  • Serbia gross domestic product decreased by 9.2% in the second quarter

    Serbia gross domestic product decreased by 9.2% in the second quarter

    According to seasonally adjusted GDP data, gross domestic product decreased by 9.2% in the second quarter of 2020, compared to the previous quarter.

    In the second quarter of 2020, compared to the same quarter of the previous year, significant real fall in the gross value added was recorded in the section of wholesale and retail trade; repair of motor vehicles and motorcycles; transportation and storage and accommodation and food service activities – 16.7%, the section of industry and water supply, sewerage, waste management and remediation activities – 7.7%, and the section of professional, scientific and technical activities; administrative and support service activities – 20.6%.

    Significant real growth in the gross value added was recorded in the section of information and communication – 5.4% and the section of public administration and defence; compulsory social security; education and human health and social work activities – 7.1%.

    Real growth was noted only for the general government final consumption expenditure – 8.9%.

    Real fall was registered for all other aggregates: the household final consumption expenditure – 8.0%, the non-profit institutions serving households (NPISH) final consumption expenditure – 4.7%, gross fixed capital formation – 11.9%, the exports of goods and services – 20.7% and the import of goods and services – 19.3%.

  • Average net salaries and wages in Serbia at 500 euros

    Average net salaries and wages in Serbia at 500 euros

    Average gross salaries and wages calculated for May 2020 amounted to 81.464 RSD, while average net salaries and wages amounted to 58.892 RSD.

    Increase of gross salaries and wages in the period January – May 2020, relative to the same period last year amounted to 7.7% in real terms. Simultaneously, net salaries and wages increased by 7.6% in real terms.

    Compared with the same month last year, average gross salaries and wages for May 2020 increased by 5.8% in real terms, while average net salaries and wages increased by 5.6% in real terms.

    Median net salaries and wages for May 2020 amounted to 44.463 RSD, meaning that 50% of employees realised wages and salaries up to the mentioned amount.

  • Spotify launches in Russia and 12 additional European Markets

    Spotify launches in Russia and 12 additional European Markets

    Spotify launched its service in 13 new markets across Europe including Russia, one of the world’s top 20 largest streaming markets. Spotify now reaches a current total of 92 markets worldwide.

    This 13 new markets include: Albania, Belarus, Bosnia & Herzegovina, Croatia, Kazakhstan, Kosovo, Moldova, Montenegro, North Macedonia, Russia, Serbia, Slovenia, Ukraine.

    According to the International Federation of the Phonographic Industry (IFPI), Russia is the 17th-biggest streaming market in the world and on pace to be the 10th-biggest streaming market by 2030.

    More than 87 percent of fans in Russia now access music through streaming, compared to 61 percent adoption globally, and 68 percent adoption in the U.S., according to IFPI.

    Spotify is offering both its Free and Premium services in each of its 13 new markets.

  • Belgrade was the most attractive region for Serbians in 2019

    Belgrade was the most attractive region for Serbians in 2019

    In 2019 there were 127.421 persons who changed residence and moved permanently from one to another place in the Republic of Serbia. The average age of persons who changed residence was 34.4 years (34.8 for men and 34.0 for women).

    Looking at the regions of the Republic of Serbia, the Beogradski region and Region Vojvodine had a positive migration balance in 2019, with + 7724 for Belgrade and +519 for Vojvodina.

    In 2019, most of the persons moved from one municipality/city to another within the same area (38.3%), and the smallest number of persons moved from one settlement to another within the same municipality/city (24.3%).

    The largest number of migration movements was recorded in the territory of Beogradska oblast, 52.964 (41.6%) immigrants and 45.240 (35.5%) emigrants.

    Beogradska, Južnobačka, Severnobačka and Nišavska oblast recorded positive migration balance

    Observed at the level of municipalities/cities, only 35 municipalities/cities had a positive migration balance in 2019, while in one, the balance equalled zero and in the 133 municipalities/cities it was negative.

    From the economic activity point of view, 60% of migrants are dependents, 32% are active and the proportion of them having personal income is 8%.

  • Serbia: Total number of transported passengers incresed by 1,1% in 2019

    Serbia: Total number of transported passengers incresed by 1,1% in 2019

    The total number of transported passengers in 2019, relative to the previous year, increased by 1.1%, Statistical Office of the Republic of Serbia shows.

    In the observed period, domestic transport of passengers saw a decrease of 0.8%, which influenced the fall of the total number of passengers carried by 0.6%.

    The total performance in 2019, expressed in pkm, decreased by 0.6%, which resulted from a decrease in the performance of the domestic transport of passengers by 5%, while that of the international transport grew by 3.7%.

    The volume of transported goods in 2019, relative to the previous year, increased by 4.8%.

    The domestic transport of goods increased by 7.8%, while the international transport of goods recorded an increase of export of goods by 9.3%, and import by 3.1%, relative to 2018.

    Operations volume, expressed in tkm grew by 12.6%.

    The volume increased both in domestic and international transport.

    Observed by mode of transport, the total number of passengers carried in road transport increased, relative to the previous year, by 0.4%, which was influenced by the transport of passengers in domestic transport, which grew by 0.6% in 2019, while the number of passengers in international transport fell by 6.6%.

    The total volume of goods carried in road transport in 2019 was higher than it was in 2018 by 21.5%, while the volume of performance in tkm went up by 26.9%.

    The total number of passenger carried in railway transport recorded a decrease of 17.2%

    The realised fall, expressed in passenger kilometres, wend down by 17.9%.

    The volume of goods carried fell both in domestic and international transport so that the total goods carried in railway transport decreased by 6.5%. The volume of operations in tkm in railway transport fell by 10.4%.

    Air transport, as far as passengers carried and total operations volume are concerned, indicates growth

    Transported passengers’ number, compared to the previous year, increased by 10.1%, and total operations volume by 9.9%.

    When we observe goods transport, the situation in air transport is opposite.

    Namely, in 2019, when compared to 2018, we notice a fall of quantities of goods transported, of 16.3%, and a fall of total operations volume, of 25.3%.

    Inland waterways transport recorded an increase in the quantities of goods carried of 9.3%, and the operations volume, expressed in tkm, saw an increase of 25.3%.

  • Average gross salaries in Serbia at 81.486 RSD in April 2020

    Average gross salaries in Serbia at 81.486 RSD in April 2020

    Average gross salaries and wages calculated for April 2020 amounted to 81.486 RSD, while average net salaries and wages amounted to 58.932 RSD.

    Increase of gross salaries and wages in the period January – April 2020, relative to the same period last year amounted to 9.8% in nominal terms, i.e. 8.2% in real terms.

    Simultaneously, net salaries and wages increased by 9.6% in nominal terms and by 8.0% in real terms.

    Compared with the same month last year, average gross salaries and wages for April 2020 increased by 8.0% in nominal terms and by 7.4% in real terms, while average net salaries and wages increased by 7.8% in nominal terms and by 7.2% in real terms.

    Median net salaries and wages for April 2020 amounted to 44.129 RSD, meaning that 50% of employees realised wages and salaries up to the mentioned amount. 

  • Wizz Air, massive expansion of its Belgrade base

    Wizz Air, massive expansion of its Belgrade base

    Wizz Air announced a massive expansion of its Serbian operations, adding one new Airbus A321 aircraft to the Belgrade base as well as converting the other two based aircraft to Airbus A321 from August 2020.

    The new aircraft will join the fleet in July 2020, which will grow the local Belgrade fleet to three aircraft.

    In July 2020, Wizz Air will launch 9 new routes from Belgrade to: Hamburg, Cologne, Friedrichshafen (Germany), Brussels Charleroi (Belgium), Milan Malpensa (Italy), Lisbon (Portugal), Barcelona El Prat (Spain), Oslo Sandefjord Torp (Norway), Turku (Finland).

    Tickets for all new routes can already be booked from as low as BGN 37.99.

    First Wizz flight from Serbia departed in 2010

    Belgrade was one of the first airports in the SEE region for Wizz Air with flights to Dortmund and London.

    Wizz Air now offers 28 routes to 16 countries from 2 Serbian airports: 23 routes from Belgrade and 5 routes from Niš.

    The conversion of the entire Belgrade fleet to A321 operations would mean an annual capacity of 1,31 million seats on sale from Belgrade.