economy
April 28, 2026
"How foreigners know how, and we don't": Danas's interlocutors on Ziđin's record profit in Serbia
Chinese companies within the Ziđin group, Ziđin Majning and Ziđin Koper, jointly achieved a net profit of 1.66 billion euros last year, according to the published financial reports of these companies.
TL;DR
- Ziđin Majning and Ziđin Koper jointly achieved a net profit of 1.66 billion euros last year.
- This profit is attributed to strong growth in copper and gold prices and increased production.
- Experts suggest that Serbia should review its tax policies and mineral royalties.
- There is a question of why domestic companies are not achieving similar results.
- Concerns exist about the benefits of resource extraction for Serbian citizens and the potential for multiplicative effects on processing industries.
- Issues of environmental protection and the pace of resource exploitation are also raised.
- Some experts point to foreign ownership of key economic sectors as a factor in perceived neo-colonialism and a lack of national benefit.
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