From 2026, Serbia will fall under the EU’s Carbon Border Adjustment Mechanism (CBAM), which imposes additional costs on carbon-intensive exports to the Union. According to the Fiscal Council, the state-owned power utility EPS, which supplies most of the country’s...
Serbian media report that the issue surrounding oil company NIS, caused by U.S. sanctions, is expected to be resolved by the end of the year. The most likely solution under consideration is for the Serbian state to acquire part...
Hungarian oil company MOL is set to expand its fuel storage terminal in Sremski Karlovci through a new round of investment. The expansion involves acquiring additional land from Dunav Oil and partnering with Naftachem, which will oversee construction and...
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