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Economy

Sanctions, companies, energy, budgets, and the market impact of official decisions.

Updated: June 21, 2026 at 02:10 PMCards in topic: 51Issues with this topic: 32Page 8 / 9from June 13, 2026 to June 21, 2026

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Vucic demands more punctual trains after visiting the new rail dispatch center

Published: June 21, 2026 at 02:10 PM. Updated: June 21, 2026 at 02:10 PM.

On June 21, Aleksandar Vucic visited the new Unified Dispatch Center in Belgrade and demanded that trains in Serbia become more punctual than German and Swiss trains, with Transport Minister Aleksandra Sofronijevic replacing directors if delays become routine. According to N1 and Danas, the center's 23 staff now monitor and control 540 km of railway, the Belgrade-Subotica line should enter the system in six to seven months, and an urgent working group is promised for the 210 km Valjevo-Vrbnica section and the line from Kosjeric to the Montenegrin border.

Signing of the Serbian government and MOL agreement on NIS management
Photo: N1, Nenad Kostic / Ministry of Mining and EnergyImage credit: Nenad Kostic / Ministarstvo rudarstva i energetike

Energy minister: NIS now needs a Gazprom Neft-MOL agreement

Published: June 19, 2026 at 08:06 PM. Updated: June 19, 2026 at 08:06 PM.

Dubravka Djedovic Handanovic said that, after signing the shareholder agreement with MOL, the Serbian side has completed its part of the NIS talks. She said Gazprom Neft and MOL now need to agree on the sale, with an outcome acceptable to the US Treasury's OFAC.

Signing of the Serbian government and MOL agreement on the future management of NIS
Photo: N1, Nenad Kostic / Ministry of Mining and EnergyImage credit: Nenad Kostic / Ministarstvo rudarstva i energetike

Serbia and MOL sign NIS agreement, but the deal still awaits Gazprom Neft and OFAC

Published: June 16, 2026 at 06:58 PM. Updated: June 16, 2026 at 06:58 PM.

On June 16, the Energy Ministry and MOL signed a shareholder agreement on the future management of NIS: it takes effect only if MOL reaches a deal with Gazprom Neft to buy 56.15 percent of NIS and receives OFAC approval. The same day, Aleksandar Vucic said from Tbilisi that, based on information he was receiving from Washington, NIS's operating license may be extended for another 15 days.

Temporary fuel excise cut extended through June 21

Published: June 15, 2026 at 02:04 PM. Updated: June 15, 2026 at 02:04 PM.

Serbia's government has again extended the temporary reduction in excise duties on petroleum products, this time through June 21: until then the excise is 61.24 dinars per liter for leaded gasoline, 57.6 dinars for unleaded gasoline, and 59.23 dinars for gas oils.

NIS: key OFAC license decision expected on Tuesday

Published: June 13, 2026 at 08:04 PM. Updated: June 13, 2026 at 08:04 PM.

On June 13, 021, citing RTS, carried Jelica Putnikovic's assessment that the nearest critical deadline for NIS is Tuesday, June 16, when the existing licenses expire. Even after the Serbia-MOL arrangement, the outcome depends on OFAC consent, concrete contracts, possible governance changes, and guarantees for keeping the Pancevo refinery operating.