Business culture in serbia

Over the past decade the business community has benefited from the presence of many international agencies, foreign investors, and technical assistance programs. This change, most obvious in the largest business and industrial centers, has introduced new management, language, and IT skills, as well as Western-style business practices.

Business culture in serbia

Serbia - Business CustomsSerbia - Business Customs Includes information on acceptable business etiquette, dress, business cards, gifts, etc. Top management typically is designated by the title of Managing Director, a position denoting the key decision-maker.

Business relationships in Serbia are founded on trust with significant time and energy invested in developing relationships among the parties.

Business culture in serbia

Serbian business people are quick to recognize opportunities and can just as suddenly move at an accelerated place. Business dinners are a common practice.

While most meals in Serbia are meat-based all kinds of meatit is possible to eat vegetarian. It is a common practice to toast with a shot of slivovitz traditional Serbian plum brandy or rakiya fruit brandy prior to the meal. Prepared by our U. With its network of offices across the United States and in more than 75 countries, the U.

Commercial Service of the U. Department of Commerce utilizes its global presence and international marketing expertise to help U. Commercial Service trade specialist in the U.TMF Group looks at the top 10 challenges to doing business in Serbia and how local knowledge can help your business navigate these challenges.

Business culture in serbia

Business Culture top challenges serbia More in this section Press releases. Publications Library. Articles and opinions. Video showcase. Top 10 challenges of doing business in Serbia. Serbia: Doing business and staying in touch Doing Business in Serbia. Things can go slowly on account of the cumbersome bureaucracy but most Serbian entrepreneurs are very keen to forge business links with Western Europe.

Serbia is located in Eastern Europe and has a population of 7 million people. Our large, non-profit educational group for marketing executives looked for someone knowledgeable on the topic of business etiquette and one name kept rising to the top, Cynthia Lett.

Her talk was amazing. The new flag of Serbia and Montenegro is three vertical bars, blue, white, and red (from top to bottom).

The flag of the former Yugoslavia was the same but with a red star outlined in yellow in the center. The findings in this paper will also help build a list of suggested investment domains in Serbia.

Why Invest in Serbia: Serbia’s geographical position, astride the major communications routes through the Balkan peninsular to the Asian sub-continent provides businesses . Culture Formal and conservative wear is a must when doing business in Serbia, and it’s important to maintain eye contact throughout the conversation as a sign of respect and sincerity.

Family ties and relationships are important to Serbs, so feel free to ask questions about their personal lives.

Serbian culture - Wikipedia