Blogging about Europe

Southeast European countries improve conditions for business

Southeast European countries improve conditions for business in response to the economic crisis and trying to become part of European Union. These are the findings of this year’s study of World Bank Doing Business conditions for entrepreneurs in several countries in the region. It includes several cities in Serbia, Macedonia, Albania, Bosnia and Herzegovina, Kosovo, Moldova and Montenegro.

The survey did not determine the clear winner among the surveyed cities. Each of them has improved conditions in at least three of the four categories tested – starting a business, issuance of building permits, contract signing and registering property. In addition, costs that are incurred in starting a business in the region fell from 22% to 13% of average income per capita. Decreased by about a month is the time for issuing construction certificate and registering property. The improvement is due to the introduction of the one-stop, dropping some of the procedures, the introduction of electronic systems for the administration and judiciary.

Leaders in various categories are different. However, the authors state that in the Macedonian capital Skopje and Banja Luka in Bosnia and Herzegovina has done most to improve the business environment. It turns out that most easily and quickly earning a construction permit from the Montenegrin town of Niksic, the easier the transfer of property in Chisinau and Balti in Moldova. On the other hand, the most difficult to start business in Pristina, Kosovo, most have problems in registering property in Mostar, Bosnia and Herzegovina, and most difficult is the signing of a contract in the Kosovo town of Prizren. Most problems are entrepreneurs who want to earn a construction permit in Belgrade.

Advertisements

Single Post Navigation

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: