Property Abroad
Blog
Russians opened 2,000+ firms in Serbia: apart from IT, these 5 areas are now the business hit in Belgrade.

Russians opened 2,000+ firms in Serbia: apart from IT, these 5 areas are now the business hit in Belgrade.

Russians opened 2,000+ firms in Serbia: apart from IT, these 5 areas are now the business hit in Belgrade.

The Russians in Belgrade are mainly engaged in financial activities, but also open restaurants, confirmed to the portal "Blitz Business". Since the outbreak of the war in Ukraine, Belgrade's sidelines had heard about the expansion of some teams and the recruitment of workers from Russia. There are now rumors that there are more of them because of the conflict in Israel. We checked how many companies they are opening and what business they have now in Belgrade.

Russians have opened more than 2,000 companies in Serbia: besides IT, these 5 areas are now their hit business in Belgrade.

One social media group claims that a new wave of Russians is coming to Serbia again. It seems that some new Russians are interested in living and working in Serbia, especially due to the conflict in Israel. Obviously, this rumor is true, meaning that some companies are relocating their business and Serbia has become one of the best destinations for them. However, according to Blitz Business, many of them have started opening restaurants. So it's not surprising that menus have long been in Russian in the center of the capital. They also open fast food restaurants and sell hamburgers.

The latest figures from the Business Registration Agency (BRA) also confirm this. As "Blitz Biznesu" was informed in AAP, as of today, the Register of Enterprises, which is maintained by the Agency for Registration of Enterprises, has 2,129 active enterprises, whose founders are individuals and legal entities from the Russian Federation.

Recommended real estate
Buy in Serbia for 320000€

Sale house in Zlatibor 345 549 $

172 м²

Buy in Serbia for 93837£

Sale flat in Nish 121 274 $

3 Bedrooms

1 Bathroom

76 м²

Buy in Serbia for 47349£

Sale flat in Nish 61 193 $

2 Bedrooms

1 Bathroom

54 м²

Buy in Serbia for 84324£

Sale flat in Nish 108 980 $

2 Bedrooms

1 Bathroom

64 м²

Buy in Serbia for 88672£

Sale flat in Nish 114 599 $

2 Bedrooms

1 Bathroom

70 м²

Buy in Serbia for 115445£

Sale flat in Nish 149 201 $

3 Bedrooms

1 Bathroom

82 м²

Of this number, there are no specific data on investment, but judging from the registered activities, most enterprises have core activities. These are mainly, as the AAP told us, non-specialized wholesale trade, computer programming, and business and management consulting activities. Also on the list are consulting activities in the field of information technology, restaurants and mobile service facilities...

We would like to remind you that, as the AAP confirms, in Serbia the procedure for registering companies is the same for both domestic and foreign individuals and legal entities. Real estate agents say that for wealthier Russian and Ukrainian IT professionals, the Serbian capital has become an attractive place to live. As far as renting is concerned, demand has grown considerably because more and more European companies that used to work in Russia have transferred their employees to us. However, their data does not show that demand for this type of service has increased this month. At least not yet.

Russians are also opening restaurants in Belgrade. Here are the businesses Russians are opening in Serbia:

  • Computer programming
  • Specialized wholesale trade
  • Business and management consulting activities
  • Consulting activities in the field of information technologies
  • Catering

Want Blitz Business to provide you with the latest and exclusive information about the economy and business events in the business world, to read about successful and unsuccessful entrepreneurs in Serbia, as well as about the works that bring a new era in business in Serbia and around the world? Become part of a club with hundreds of thousands of managers. Subscribe to our newsletter and expect the most up-to-date and exclusive information by email.

Comment