Business news from Ukraine

Business news from Ukraine

November 22 in Serbian history: key events and dates

Main events.

According to Serbian Economist, 1868 — The first theatrical performance took place in Belgrade in the Varos Kapija building: Carlo Obernik’s play Juraj Brankovic.

1992 — NATO and Western European Union forces began monitoring shipping in the Adriatic to cut off supplies to the Federal Republic of Yugoslavia.

1995 — After the Dayton Accords were initialed, the UN Security Council suspended economic sanctions against the FRY.

1996 — More than 100,000 people took to the streets in Belgrade to protest the annulment of local election results (mass demonstrations continued from November 17, 1996, to March 22, 1997).

2024 — On November 22, student protests and university blockades began in Belgrade, which became the starting point for nationwide anti-corruption protests.

Birthdays.

1963 — Džuro Mačut, Serbian endocrinologist and statesman, was born in Belgrade (Prime Minister of Serbia since 2025).

1979 — Vuk Kostić, Serbian film and theater actor, was born in Belgrade.

Orthodox holidays.

Apostles of the 70 Philemon and Archippus; martyr Apfia; Saint Onesimus.

Celebration of the icon of the Mother of God “Quick to Hear” (Dohiar Monastery, Athos).

Holidays and memorable dates.

Memory of Saint Cecilia (Catholic tradition) — patron saint of music, musicians, and singers.

Lebanon Independence Day

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Serbia and Ukraine strengthen cooperation in agriculture, trade, and technology

According to Serbian Economist, Serbia and Ukraine are intensifying cooperation in agriculture, trade, and technology exchange.

The Serbian side confirmed its interest in expanding imports of Ukrainian agricultural products, especially corn, wheat, oilseeds, and semi-finished products for the food industry. At the same time, they discussed increasing supplies of Serbian goods to the Ukrainian market, including meat, dairy products, feed, and planting material.

According to the Serbian Ministry of Agriculture, Kyiv and Belgrade are considering the possibility of creating joint logistics corridors that would allow them to bypass existing transit restrictions and speed up the movement of goods between the countries. Special attention was paid to the topic of plant protection, veterinary standards, and simplifying certification procedures for producers in both countries.

The parties also noted the potential for cooperation in the development of digital agriculture and agrotechnologies. Ukraine offered Serbian companies an exchange of practices on the use of drones, remote monitoring systems, and AI analytics to optimize agricultural production. The Serbian delegation, in turn, expressed its willingness to share its experience in organic farming and agricultural raw material processing.

During the meeting, the prospects for Serbian companies’ participation in programs to restore Ukraine’s agricultural infrastructure, including the modernization of grain storage, processing facilities, and logistics, were also discussed.

The negotiations are taking place against the backdrop of growing trade turnover: in recent years, the volume of bilateral trade in agricultural products has shown steady growth, and Serbia is becoming one of Ukraine’s key Balkan partners in the region.

The next meeting of the relevant ministries is expected to take place in early 2026, where the parties plan to present a roadmap for deepening cooperation in the agricultural sector.

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Montenegro will tighten visa regime with Russia as part of rapprochement with EU

According to the Serbian Economist, Montenegro will soon tighten the visa regime for Russian citizens, bringing it in line with the rules of the European Union. This was announced by the Prime Minister of the country Milojko Spajic.

According to the head of the government, Podgorica intends to fully harmonize visa policy with the EU, which means the abolition of the current order allowing Russians to stay in Montenegro up to 30 days without a visa. Spajic emphasized that the measures will be introduced “very soon” and are part of the course to accelerate European integration and achieve EU membership by 2028.

Russian citizens can now freely enter the country for short periods of time without a visa, which has led to a significant increase in the number of tourists and re-locations from Russia in recent years. Once the regime is tightened, entry will require a visa at consular offices, similar to Schengen rules.

How many Russians now reside in Montenegro

According to official data from the Ministry of Internal Affairs of Montenegro, at the beginning of 2024-2025 in the country officially registered about 20 thousand citizens of Russia with a temporary or permanent residence permit. This makes Russians one of the most numerous foreign communities in the small 600-thousand-strong state.

In addition, according to the calculations of tourism and migration services, several thousand more Russians are in the country without long-term statuses – on tourist stay, on business grounds or in the process of registration of residence permits.

Prime Minister also recalled that Montenegro had previously tightened visa rules for citizens of Armenia, Uzbekistan, Kuwait and Egypt within the framework of adapting visa policy to EU standards. Podgorica fully follows the general foreign and defense policy of the European Union, including sanctions and visa restrictions against Russia.

Observers attribute the upcoming changes to pressure from Brussels following the tightening of the EU visa regime for Russians, as well as Montenegro’s desire to reaffirm its commitment to the European course against the backdrop of membership negotiations.

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Chinese company Techron invests in construction of its first overseas plant in Serbia

According to Serbian Economist, the Chinese company Techron Automotive plans to build its first foreign plant for the production of plastic car components in the city of Inđija (Vojvodina, Serbia), which will strengthen the country’s role as a regional hub for the automotive industry. This was announced by the Municipality of Inđija, as cited by Serbia-business.eu.

The construction is planned to start by the end of this year. According to the published information, the plant in Indjija will be the first Techron plant outside China. At the first stage, the construction of a 4.5 thousand square meters production building is envisaged. After reaching full capacity, the enterprise will be able to provide about 200 jobs.

The plant is scheduled to open in mid-2026.

Techron produces components for the world’s leading automakers – Volkswagen, Porsche, Audi, Chery, Geely and others. The product line includes engine and transmission parts, interior and exterior components, as well as control system components.

Experts note that the project fits into Serbia’s strategy of deepening specialization in the automotive industry and automotive components: dozens of plants for the production of harnesses, electronics and plastic parts for European and Asian brands are already operating in the country. For the region, this means not only new jobs, but also the need to invest in energy, logistics and vocational education in order to consolidate the effect of the new investor.

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Rio Tinto has mothballed Jadar lithium deposit development project in Serbia

Rio Tinto Group has mothballed its $2.95 billion Jadar lithium project in Serbia, Bloomberg reported, according to the Serbian Economist.

The project will be transferred to “care and maintenance” mode in accordance with plans to simplify Rio Tinto’s asset portfolio and focus on more interesting opportunities in the short term, the document said.

A company spokesman confirmed to the agency the decision to mothball Jadar, which has large lithium-rich ore reserves.

The project, which never reached the production stage, faced many problems. The Serbian government has repeatedly changed its position on the issue of granting permits to develop the mine, which was strongly opposed by local communities.

“Given the lack of progress on the issue of permits, we can no longer maintain the previous level of expenditure and resource allocation,” the document said.

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Serbian Parliament Speaker Brnabić arrives in Ukraine

According to Serbian Economist, Serbian National Assembly President Ana Brnabić is visiting Ukraine on November 10. The program includes meetings in the Verkhovna Rada and talks with Ukraine’s top leadership, according to the Serbian Parliament’s press service.

During her visit, Brnabić stated that Serbia supports Ukraine on its European path and is ready to share its experience of parliamentary and technical integration with the EU. Verkhovna Rada Chairman Ruslan Stefanchuk expressed his gratitude for interparliamentary cooperation and support.

The heads of the parliaments have been in contact since the summer of 2025 — in August, the parties agreed on positions on the international agenda and interparliamentary cooperation.

Source: https://t.me/relocationrs/1720

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