Business news from Ukraine

Business news from Ukraine

Serbia to launch large-scale production of military drones — Vučić

According to Serbian Economist, Serbian President Aleksandar Vučić has announced that the country will soon open its first large military drone factory in cooperation with a foreign partner. According to him, serial production in the republic should begin by the end of April. The announcement was made during the presentation of the national development strategy “Serbia 2030.”

Vucic noted that in the current international environment, “might makes right,” and stressed that Serbia must not remain weak. He linked the development of defense production to the task of maintaining peace and stability, stating that strengthening the army and police is necessary precisely as a deterrent. According to the president, Serbia allocates more than 2.5% of its GDP to the army and police.

The president specified that smaller drones had previously been assembled and developed in Serbia, both in the army and in the private sector. In particular, he mentioned the Komarac 1 and Komarac 2 models. The existence of such systems is confirmed by materials from the Serbian Ministry of Defense, which mention the use of Komarac 1 and Komarac 2 drones, with the latter designed, among other things, to destroy more heavily defended targets.

At the same time, Vucic described the new project as significantly larger and more technologically advanced, calling it a product of “the highest global standard.” Neither the name of the foreign partner, nor the investment parameters, nor the estimated production volumes have been officially disclosed at this time.

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Vucic announced dates for early parliamentary elections in Serbia

According to Serbian Economist, Serbian President Aleksandar Vucic said that early parliamentary elections in the country could be held in October, November, or December 2026, the Beta agency reported.

According to Vučić, the date of the elections will depend on the agreements of the political participants, if they are ready for dialogue.

Student groups have previously demanded the appointment of early elections, while part of the opposition claims that the authorities are in no hurry to announce them.

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Vucic announces return of conscription in Serbia

According to Serbian Economist, Serbian President Aleksandar Vucic has announced that the country plans to introduce regular conscription in the near future.

According to him, the term of service may be about 75 days, with the final parameters still being clarified. Vučić also noted that the service should promote responsibility among young people and will not be as harsh as before.

Vučić added that Serbia continues to rearm in order to deter a possible aggressor and intends to remain out of the war.

Croatia has also announced a return to compulsory military service: in October 2025, the country’s parliament approved the reinstatement of conscription, providing for two months of basic training, with the first conscripts scheduled to be recruited in 2026.

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Vucic announced early parliamentary elections in Serbia in 2026

According to Serbian Economist, Serbian President Aleksandar Vucic said that early parliamentary elections will be held in the country in 2026.

Speaking to supporters outside the National Assembly building, Vučić said that the authorities had agreed to the protesters’ main demand:

“We have accepted their main demand, and soon, next year, we will go to the polls. Only they will not be so happy when the votes are counted. We are going to defeat them everywhere in Serbia,“ he said.

The Tanjug news agency specifies that the president separately emphasized the need to comply with democratic rules and that ”the country should be ruled by those who receive the majority, not those who think it is better to set fire to buildings.”

No specific date has been set for early parliamentary elections yet. Vučić spoke of voting “next year” and made it clear that he expects a campaign in which the ruling Serbian Progressive Party (SNS) will try to confirm its dominance at the national level.

The last parliamentary elections in Serbia were held early in December 2023; at that time, Vučić’s party and its allies retained their majority in the Skupština amid protests by the opposition, which challenged the fairness of the vote.

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Serbian President Allowed Possibility of Holding Early Elections in 2026

As reported by the Serbian Economist, Vučić said: “We can hold presidential and parliamentary elections together” already in 2026.

Serbian President Aleksandar Vučić announced that he will not run for another presidential term and also allowed the possibility of holding early elections as soon as 2026.

“I officially have about a year and a half left until the end of my mandate. But it will probably last shorter — we can hold presidential and parliamentary elections together,” Vučić said.

He emphasizes that he does not intend to change the Constitution to extend his rule.
Vučić’s current presidential term officially ends in 2027, but he allows that elections could be scheduled as early as December 2026 or even earlier.

In part of his statements, he criticized the opposition, saying its representatives are “immature and irresponsible” and “do not learn from their own mistakes.”

Aleksandar Vučić has held key state positions in Serbia since the early 2010s. In particular:
• He became President of Serbia on June 1, 2017.
• Before that, he led the government (as Prime Minister) and was the leader of the Serbian Progressive Party (SNS) for many years.

Source: https://t.me/relocationrs/1522

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Vučić met with Zelensky in Odessa

Serbian President Aleksandar Vučić arrived in Odessa to participate in the Ukraine-Southeast Europe Summit. This is his first visit to Ukraine in 12 years in office.

The event, organized by Ukrainian President Volodymyr Zelensky, was attended by leaders from 12 countries in the region. After the official talks, Vucic and Zelensky held a private meeting.

During the discussion, they discussed assistance in rebuilding Ukraine after the destruction caused by Russian missile and drone strikes. Vucic also expressed Serbia’s readiness to contribute to the restoration of infrastructure, stressing the importance of restoring regional balance and stability.

Source: https://t.me/relocationrs/1065

 

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