Serbian companies reverse 2023 losses with multi‑billion‑dinar profits by 2025

A group of Serbian firms that posted large losses in 2023 have posted dramatic turnarounds, recording billions of dinars in profit by 2025. FCA Serbia, which lost 5.51 billion RSD in 2023, posted a 3.71 billion RSD profit in 2025 with revenues rising from 2.98 billion to over 121 billion RSD and staff expanding from 671 to 2,800. Eurasia Trade Center reversed a 1.83 billion RSD loss into a 2.61 billion RSD profit, while BKA Development moved from a 136 million RSD deficit to a 2.08 billion RSD gain. Railway City improved from a 414 million RSD loss to a 1.97 billion RSD profit, and Belgrade Airport turned a 809 million RSD loss into a 1.93 billion RSD profit despite modest revenue decline. The data, supplied by credit‑rating house CompanyWall, highlight the strongest recoveries across automotive, construction, energy, trade and manufacturing sectors in Serbia.