March 10, 2020

14-Year-Long Lucky Strike for Export of Serbian ICT

Growing steadily since 2006, with no slowdown in sight 

In February 2020, The Government of the Republic of Serbia published information regarding export of ICT services in 2019. Within the first 8 months, Serbian companies exported $1.081 billion (€913 million) worth of services, doubling the amount from 2016, and exceeding the export from 2018 by 26.4%. The year 2019 was concluded with $1.681 billion (€1.42 billion) ICT services exported from Serbia, setting a new record for the Serbian tech industry. 

Compared to 2006, when the ICT sector had estimated $177.67 million (€150 million) worth of equity, in 2018 it had over $798.32 million (€674 million), quadrupling the amount in 12 years, doubling every 4 years. 

This is the 14th year of consecutive growth in export of Serbian ICT sector. It remains to be seen how COVID-19 will impact the export of ICT services in 2020. 

No small number of Serbian experts are looking for co-founders worldwide in order to form joint ventures and increase scalability of their ideas. One of Tesla Nation goals is to help them get there. If you have any inquiries, please be welcome to contact vukasin@teslanation.org to connect you to a wellspring of engineering talent inspired by Nikola Tesla himself. 

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Tesla Nation™ is a project by SEE ICT / Startit started with the goal of choosing the best technology inventors and professionals of Serbian heritage and connect them to partners from all around the world,
inspired by the vision and ambition of Nikola Tesla.