In December 2022, the 50th round of the Business Climate Survey in AP Vojvodina was conducted, in which 175 companies operating in all sectors of activity participated. The main findings of the research show the positive expectations of business people at the level of the economy of Vojvodina in all observed research categories: total business, cooperation with foreign clients, sales prices, and the number of employees.
The central theme of the research was the business environment and aspects of the company’s operations. Research findings indicate that entrepreneurs are satisfied with the business environment, especially with opportunities for developing cooperation with other business entities and market size.
The main obstacles to business improvement are the need for more working capital, outdated technology and company equipment, and insufficient investment in marketing. For the further development and improvement of business, it is of great importance to strengthening the image, that is, the company’s reputation, the continuous improvement of employees’ knowledge, and the existence of a vast network of business associates.
You can download the December edition of the Business Barometer here.