According to Serbian Economist, Serbia and a number of leading Chinese companies have signed new investment agreements that are expected to bring the country over €940 million in investments and 1,650 new jobs, Chinese media reported.
The documents were signed in the Chinese city of Jiaxing in the presence of Serbian President Aleksandar Vučić. The agreements cover auto parts, high-tech manufacturing, components for electric vehicles, tires, lighting systems, and precision plastic parts.
The largest block of agreements involves the Mint Group. The company, a global player in the production of exterior automotive parts, structural components, and aluminum battery cases for electric vehicles, is implementing two projects in Serbia. The first involves an investment of €135 million and the creation of 600 jobs in Loznica, while the second involves an investment of €91 million and 220 jobs in Šabac.
An agreement has been signed with the Chinese company SHAK for a €33.5 million project in Novi Sad, which is expected to create 50 new jobs. The company specializes in the production of high-quality automotive chassis and structural components.
An investment agreement will also be signed with BMTS Technology, a manufacturer of turbochargers and electrical auxiliary systems for passenger and commercial vehicles. The project focuses on automation and is estimated to cost €13.3 million.
Another project involves Xingyu Automotive, one of China’s leading manufacturers of automotive lighting systems, including LED headlights, taillights, and lighting modules. The company plans to invest €77 million in Niš and create 100 jobs.
Separately, a new €566 million investment by Linglong Tire in Zrenjanin was announced, which is expected to create 400 new jobs. Linglong has been operating in Serbia since 2019; it is China’s largest tire manufacturer and ranks among the world’s top ten manufacturers of passenger, truck, and specialty tires.
A planned investment by Yusei in Niš was also announced, amounting to €27 million and creating 280 jobs. Yusei is a Chinese manufacturer of high-precision plastic automotive parts, injection molds, and chrome-plated components.
A memorandum of understanding was also signed at the ceremony between Mint Holding Group and China Construction Fourth Engineering Division Corp. Ltd. Southeast Branch. The document is intended to support the implementation of Mint’s investments in Serbia.
For Serbia, these agreements are important not only for creating new jobs but also for deepening China’s presence in the country’s automotive and technology industries. The new projects involve electric vehicles, battery casings, lighting, tires, turbo systems, and plastic components—that is, the segments where Serbia is seeking to integrate into European and global automotive supply chains.
https://t.me/relocationrs/2899
According to Serbian Economist, Serbian President Aleksandar Vučić published an op-ed for the American television network Fox News, in which he presented Serbia as a country ready for a closer partnership with the US, and stated that Donald Trump’s policies are viewed in Belgrade not as a threat, but as an opportunity for stability and economic development.
In the column, Vučić contrasted the attitude of some European elites toward Trump with the mood in Serbia. He wrote that “contempt” for the America First philosophy has spread from Brussels to Berlin, whereas Serbia sees it as an opportunity for a more pragmatic policy focused on results, security, and economic growth.
Vucic emphasized that Serbia, despite the painful memory of the 1999 NATO bombings, has in recent years become one of the few corners of Europe where sympathy for the U.S. has grown. According to him, reflexive anti-Americanism—which he believes has spread throughout much of Europe—is rarely found in the country today.
Separately, the Serbian president described his experience interacting with Trump and his team during his first presidential term. According to Vučić, his meetings at the White House following difficult negotiations left him with the impression that Serbia’s position was listened to without prejudice or arrogance. He also wrote that the image of Trump as an “aggressive bully” did not match his personal experience of interacting with him.
The column’s key political thesis is that Serbia’s European path should not mean distancing itself from the U.S. Vucic stated that for Belgrade, the path to Brussels “does not require distancing from Washington,” and that Serbia’s special relationship with the U.S. could be an asset for the stability and growth of the entire European continent.
The economic section of the text was built around the idea of Serbia as a modern and strategically important partner for the West. Vučić noted that Serbia is one of Europe’s most dynamic economies, with GDP growth exceeding that of the Eurozone, and is becoming a hub for future technologies—from data centers to supply chains for electric vehicles.
He gave special attention to the lithium agenda. According to the president, Serbia has the second-largest lithium reserves in Europe, and this resource is key to Western industrial independence. Vucic also emphasized that Serbia is not seeking aid, but rather “deals” that secure supply chains, accelerate energy independence, and create jobs.
This is an important signal for the Serbian economy. Belgrade is attempting to position the country not only as an EU candidate and a regional player in the Western Balkans, but also as a potential component of American and European industrial strategy. In this context, lithium, energy, infrastructure, IT, data centers, and manufacturing for the electric vehicle industry are not separate projects but part of Serbia’s broader geo-economic agenda.
Vucic also effectively urged Washington to reconsider its view of the region. He stated that it is time for the U.S. to stop viewing the Balkans through the lens of the 1990s and to pay attention to Serbia as the largest economy in the Western Balkans, an “anchor of stability,” and a country that remembers its friends.
The most striking part of the column was the invitation to Trump to visit Belgrade. Vucic noted that no American president has visited the Serbian capital in over half a century since Richard Nixon’s visit in 1970, and stated that if Trump were to come to Belgrade, he would receive “a welcome the likes of which Europe hasn’t seen since Nixon.”
According to Serbian Economist, Serbian President Aleksandar Vucic stated that the country needs “bold and important decisions” and serious reforms in the near future, rather than “revolutionary chaos.” He wrote this in an op-ed for Kurir.
According to Vučić, Serbia must change not only its institutions but also the habits of society, as the country’s future will be determined by hard work, discipline, and the ability to adapt to new technological and energy challenges.
The first point of the plan concerns downsizing the government apparatus. Vučić advocated for a sharp reduction in the number of government members, state secretaries, deputy ministers, and related administrative structures. He also stated the need to abolish a number of agencies, offices, and departments which, in his assessment, lack sufficient justification for their existence. Separately, the president mentioned economic deregulation, including the elimination of unnecessary certification of goods from the EU, which makes them more expensive in Serbia than in the European Union.
The second section concerns labor productivity. Vučić opposed the idea of reducing working hours and stated that Serbia must “work more, not less.” According to him, the country cannot afford an approach that attempts to boost motivation by reducing the number of workdays or hours. He cited Germany as an example, which, in his view, will be forced to increase the workload to compete with China and the United States.
The third point of the plan is a comprehensive reform of education. The president stated that Serbia needs a more open system of higher and vocational education, as well as more active implementation of dual education. According to him, preparing young people for the labor market must become one of the central priorities of educational policy.
The fourth point concerns energy. Vučić stated that Serbia needs to comprehensively address energy issues, including the construction of oil pipelines, gas pipelines, interconnectors, hydroelectric power plants, wind farms, and solar power plants. However, he said that without small and large nuclear power plants, the country will not be able to ensure long-term energy stability. The president called nuclear energy “the cleanest and safest” and noted that one of the main challenges for the future government will be securing the expertise and funding for such projects.
The fifth point is devoted to artificial intelligence, robotics, and modern technologies. Vučić advocated for the “aggressive” acquisition of new knowledge and the continued procurement of supercomputers and construction of data centers. He called data centers “factories of intelligence” that could give Serbia an advantage in the region. At the same time, the president directly linked digital development to the energy sector, noting that the construction of data centers should not be halted due to a shortage of electricity.
For the Serbian economy, the proposed plan represents an attempt to combine administrative reform, increased labor efficiency, technological modernization, and a new energy strategy. In practice, the most challenging aspects may be downsizing the bureaucracy, abandoning populist ideas regarding the labor market, and preparing the country for nuclear energy, which will require significant investment, specialists, a regulatory framework, and public consensus.
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According to Serbian Economist, Serbian President Aleksandar Vučić announced from the headquarters of the Serbian Progressive Party in New Belgrade that the ruling party’s lists, featuring his name, had won in all 10 municipalities where local elections were held on March 29. “It’s 10 to 0,” he said following the vote count.
Elections were held in Bora, Smederevska Palanka, Bajina Bašta, Kula, Lučani, Aranđelovac, Kladovo, Knjaževac, Majdanpec, and Sevojno. Even before Election Day, Vučić had said he would be satisfied only with a victory in all 10 municipalities, although at the time he estimated the possible outcome as 7-3 or 6-4.
After the elections, government officials also publicly confirmed this result. In particular, SNS Chairman Miloš Vučević called the party’s victory in all ten municipalities “very significant” and repeated the 10:0 score.
At the same time, opposition and independent commentators interpret the results more cautiously. N1, citing political analyst Boban Stojanović, notes that despite the SNS’s formal victory in all ten municipalities, in nine of them the party, according to his assessment, saw a decline in support compared to previous election cycles.
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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.
https://t.me/relocationrs/2393
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.
