What it is
EXPO 2027 contractors are companies that build, perform specific works, or supply materials and equipment for the exhibition complex, the national football stadium, and related infrastructure in Surcin. CINS writes that construction has been under way since mid-2023, when Serbia was officially chosen to host the EXPO 2027 specialised international exhibition.
Why the list is incomplete
According to CINS, reporters spent months trying to obtain an official list of companies involved in construction but did not receive a full answer. The CINS database separately says that six investor companies, SPV Galovica 1, 2 and 3 and SPV Petrac 1, 2 and 3, set up by the government for part of the complex and managed by Serbia's Construction Directorate, named only three subcontractors - ZOP Inzenjering, Telesec, and Power Quality Company.
What CINS found
On June 22, 2026, CINS reported that it had confirmed more than 200 companies working as contractors, subcontractors, or suppliers through interviews, direct company contacts, court files, and other documents. The CINS database says data was gathered from November 2025 through the end of May 2026 and includes only companies whose involvement could be confirmed; the outlet says the real number is probably higher.
Contractor, subcontractor, supplier
A contractor is responsible for a section of works or a facility. A subcontractor performs part of the work for the main contractor or another participant in the chain. A supplier sells materials, equipment, or a service that may reach the site through several intermediaries. Project money can therefore go not only to main builders, but also to companies tied to concrete, sand, stone, equipment, transport, or a specific construction operation.
Examples and claims
CINS examples include Makis beton, PZP Valjevo, NM Kop, C&LC Kameni agregati, CAP 1 ALCZ, and Betonjerka Cacak. The outlet links some companies to relatives or associates of people from criminal circles, to people close to the authorities, or to previous court cases; these are CINS investigative claims, not a court ruling about EXPO. The CINS database also says the largest share of works on EXPO facilities and infrastructure was entrusted, through an interstate agreement without a tender, to the Chinese state corporation Power China.
Why it matters
For residents and taxpayers this is a question of public-money oversight and construction quality. Without a full list of participants, it is hard to see who is responsible for a specific facility, who earns revenue, whether there was competition and control, and where the main contractor's role ends and the chain of subcontractors and suppliers begins. For businesses it is also a question of equal access to state projects, while for Surcin neighbours it is about who is actually changing the land, roads, utilities, and future load on the city.
What to watch next
Next, the important signal is whether state bodies publish a full list of contractors, subcontractors, and suppliers for EXPO 2027, the national stadium, and infrastructure: each company's role and contract basis. CINS says it will update its database if it confirms the involvement of more companies.