Nearshoring the manufacturing of battery industry components to Serbia offers several strategic benefits for European companies. Firstly, Serbia’s geographical position in the heart of Europe reduces logistical costs and shortens transportation times, enabling more efficient supply chain management. The country’s favorable business environment, supported by government incentives and a commitment to economic growth, enhances its...
As the European Union (EU) accelerates its transition towards a sustainable energy future, the demand for batteries has surged, emphasizing the crucial role of mineral resources. Europium.group explores the challenges faced by the EU battery industry, the significance of mineral resources, and Serbia’s strategic position as a supply hub in this dynamic landscape. **1.** **EU’s...
Serbia, like many other countries, recognizes the importance of critical raw materials (CRMs) for various industries, including the battery industry. CRMs are essential elements that are of high economic importance and have a high supply risk, due to their limited availability and geopolitical factors. Serbia has identified several CRMs within its territory, which are crucial...
