Russians fleeing sanctions open 1,000 businesses in Serbia – business

BELGRADE – In just over three months since the start of the Ukrainian crisis, Russians have opened more than 1,000 businesses in Serbia, and the latest figures show that more than 10 businesses were registered daily, mainly in the field of new technologies , reported the Serbian Monitor website. Tuesday.

According to the Serbian Business Registry Agency (APR), it noted that since the start of the war in Ukraine, from February 24 to May 31, the Russians opened a total of 1,017 businesses in Serbia.

The data, according to the website, “shows that software development ranks first, wholesale trade ranks second, followed by business and IT-related consulting activities (which rank 3rd and 4th) 5th place in this category is shared by advertising agencies, restaurants, and mobile catering facilities.

“New business, but also political circumstances and increasing pressure on Serbia regarding relations with Russia, have recently caused Russians to rethink their settlement in Serbia. While Serbia was a very attractive destination for Russians in March and April, whose arrival has pushed apartment rental prices up, there have been some changes lately.”

“It looks like Serbia is now becoming a stopover for them on their way to Dubai,” he added. “Almost all real estate agents say that Dubai gives more security to Russians and is a good destination for business. Many are now afraid of the growing political pressure on Serbia.”

“There are fewer Russians today who want to rent an apartment in Belgrade for six months. Most of them are looking to rent for a month or two. ‘one apartment, now we have two at most,” a real estate agent told the website.

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