Belgrade, Serbia - For the past decade and a half, Serbia has been a significant magnet for Foreign Direct Investment (FDI) in the Western Balkans, attracting a cumulative total of over €40 billion. We, at Systema Group, have been a proud actor in that period in the market supporting over 20 companies for their facility installaton in Serbia.
The mergers and acquisitions (M&A) landscape across Europe, in the first seven months of 2025 has been marked by complexity and contradiction. While both Western Europe and the Western Balkans are navigating a challenging macroeconomic situation, their respective M&A narratives reveal contrasting dynamics and strategic adaptation.
The global mergers and acquisitions (M&A) market has experienced significant fluctuations in recent years, shaped by macroeconomic challenges, geopolitical instability, and the ongoing recovery from the pandemic. Despite these challenges, the market has shown resilience, with certain sectors and regions demonstrating strong growth potential.
In the dynamic tapestry of global markets, the Western Balkans stand out as a region of significant strategic and economic potential, particularly in the mergers and acquisitions (M&A) sector. These activities are not just business transactions within this region, they are catalysts of economic transformation and indicators of geopolitical stability.
At a recent conference held by the Bulgarian Development Bank, the Croatian Development Bank (HBOR) announced that it plans on launching a new program to invest €100 million in alternative investment funds. This announcement prompted our reflection on the status of this industry in Serbia and the Western Balkans in general.
At Systema Capital Partners, we recognize that creativity is the heartbeat of both art and finance. In this feature, we explore the world of Đorđe Stanojević, a distinguished Serbian painter whose work embodies the elemental forces of nature, creating a symphony of colors and textures that resonate deeply with our approach to innovation and strategic thinking.
We are thrilled to announce the launch of Systema Capital Partners (SCP), a specialized advisory firm based in Belgrade. SCP is committed to delivering expert financial solutions with a global perspective in M&A, corporate finance, and debt structuring and restructuring.