Serbia is preparing to increase state support for domestic firms, with President Aleksandar Vučić announcing plans for bigger grants and simpler access to government assistance. The proposed changes are aimed at strengthening local businesses and producers, particularly companies that can expand production, create jobs and compete in European projects. Vučić announced the plans during a visit to businesses and agricultural producers in the Jagodina area. He said Serbia wants to provide stronger support to domestic companies while continuing to attract foreign investment. The president emphasized that local businesses are important for employment, tax revenues and overall economic growth. He also said more Serbian companies and producers should be able to benefit from available state support. The announcement could mark a broader shift in how government assistance is distributed. However, details about the size and conditions of the new grants have yet to be finalized.
Under the planned changes, domestic firms in Serbia could receive larger grants while facing fewer administrative obstacles when applying for financial assistance. The government wants to help companies invest in new equipment, expand production and become more competitive. Particular attention could be given to businesses capable of participating in European projects and creating additional employment. Vučić said the goal is to strengthen companies that contribute significantly to economic activity across the country. The planned measures are also expected to benefit producers outside Serbia’s largest cities. By making state support easier to access, authorities hope more businesses will take advantage of available programs. The exact eligibility requirements and application procedures will be important in determining how widely the new policy is used. Further information is expected as the government develops the proposed changes.
Agriculture was also highlighted during Vučić’s visit to the Jagodina area. At a family farm, the Serbian president said farmers are entitled to various subsidies and other forms of government assistance. He encouraged agricultural producers to apply for the support available to them. Serbia has continued to use subsidies and financial incentives as part of its broader economic policy for farmers and businesses. Vučić also visited the Agro Đole egg packing center in the village of Vinorača. The company employs around 300 people and has invested significantly in automation and production capacity. The visit highlighted the government’s interest in supporting domestic companies that can expand operations and create jobs. Officials are expected to provide more details about the planned grants, eligibility rules and timeline for introducing the new measures.
