Economic Security

A USAID PPES Success Story - Turkovic highland, pasture-raised meat from Sandzak goes international

Wednesday, 08 September 2010 09:36

  Sjenica, September 8, 2010 – When Sjenica-based fresh and smoked meat producer Turkovic contracted with the Turkish Meat and Fish Corporation (EBK) to export 600 tons of raw veal it doubled the company’s export sales and marked the largest meat export contract in Serbia’s history.

The contract was negotiated during the July visit of Turkish President Recep Tayyip Erdoğan.  Signed on August 30, the business deal increases Turkovic’s exports sales to 40% of its annual veal production. 

  

Read more: A USAID PPES Success Story - Turkovic highland, pasture-raised meat from Sandzak goes international

   

A New Generation of Businesses from South and Southwest Serbia Emerges

Tuesday, 30 June 2009 16:19

While the economies of Southern and Southwestern Serbian municipalities continue to struggle with the lingering effects of the “old economy” winding down – slow economic growth, high unemployment, the continued closure of state-owned factories and failed privatization deals – small and medium-sized enterprises have managed to flourish.  A common trait shared by the best of these businesses is that they have successfully managed to find a market niche for their products by providing affordable, high-quality products to match customer expectations in both domestic and international markets.

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Young Entrepreneurs: Creating New Opportunities for Young People

Tuesday, 30 June 2009 13:58

Government statistics reveal a dire situation awaiting youth in Serbia upon matriculation. Youth represents over 40 percent of the total unemployed population in Serbia. The youth unemployment rate is two-and-a-half times greater than the national unemployment rate and is three times greater than the EU average. It is little wonder why young people in Serbia are very concerned about their future and why so many young individuals are motivated to leave the country and pursue opportunities elsewhere.

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Young Entrepreneurs

Friday, 12 June 2009 14:21

Entrepreneurial wisdom suggests that a good and original idea is much more important than capital needed to start-up a business, as capital can always be raised while a great idea is hard to come by. The assumption that a good business idea is the most important element to successfully kick starting a business, coupled with a can-do attitude and strong work ethic, proved to be true in the cases of two young entrepreneurs, Nenad Ristić, a Novi Sad University Faculty of Technology student, and Nenad Todorov, an Anthropology student at Belgrade University.

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