Business news from Ukraine

Business news from Ukraine

There are over 480 businesses with Ukrainian capital operating in Serbia

20 May , 2026  

There are currently over 480 businesses with majority Ukrainian capital operating in Serbia, including 161 companies and 320 entrepreneurs, according to Marko Čadež, president of the Serbian Chamber of Commerce and Industry, citing data from the Serbian Business Registration Agency.

“Mostly in the fields of IT, consulting services, trade, and small business,” he said in an interview with the agency “Interfax-Ukraine”.

For comparison, Čadež cited data from pre-war 2021, when 202 Ukrainian companies and 117 entrepreneurs were operating in Serbia. According to him, about 40% of them were subsequently closed, but after 2022, a significant number of new registrations were recorded.

“Last year, for example, not a single company or entrepreneur was closed,” he noted.

The president of the Serbian Chamber of Commerce and Industry added that Ukrainian business in Serbia is gradually shifting from traditional trade to digital and other knowledge-based services.

“The number of IT entrepreneurs, consulting firms, and design studios is growing year after year,” said Chadezh.

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