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Serbia— RS

Company data in Serbia, by industry

Browse Serbia company directories across 56 industries — 633,684 businesses in the InfobelPRO database, registry-sourced from official Serbia business registry and enriched with firmographics, location, financials and group structure.

633,684
Registered companies
EPS
Largest company
Activities of other membership organisations n.e.c.
Largest sector
23th
in Europe by count

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Rankings

Largest companies in Serbia

By revenue, one row per corporate group — reported (actual) revenue, updated September 2026.

#Company (group)IndustryHQRevenue (USD)
1EPSElectric power generation, transmission and distributionBeograd$4.5B
2NISExtraction of crude petroleumNovi Sad$2.9B
3SERBIA ZIJIN COPPER DOOMining of other non-ferrous metal oresBor$2.2B
4Serbia Zijin Mining d.o.o.Mining of other non-ferrous metal oresLeskovac$2.1B
5Telekom SrbijaWired telecommunications activitiesBeograd$1.9B
6DELHAIZE SERBIARetail sale in non-specialised stores with food, beverages or tobacco predominatingBeograd$1.6B
7JP SRBIJAGAS NOVI SADTrade of gas through mainsNovi Sad$1.4B
8TIGAR TYRES DOOManufacture of rubber tyres and tubes; retreading and rebuilding of rubber tyresPirot$1.3B
9DELTA INVESTMENT D.O.O.Wholesale of grain, unmanufactured tobacco, seeds and animal feedsBeograd$1.3B
10LIDL SRBIJA KDRetail sale in non-specialised stores with food, beverages or tobacco predominatingStara Pazova$1.3B
11NELT CO.Non-specialised wholesale tradeSurčin$1.3B
12VeletabakWholesale of tobacco productsNovi Sad$1.2B
13FCA Srbija d.o.o. KragujevacManufacture of motor vehiclesKragujevac$1.2B
14Elektrodistribucija SrbijeElectric power generation, transmission and distributionBeograd$1.1B
15PHOENIX PHARMAWholesale of pharmaceutical goodsBeograd$1.1B

Top 15 of 25 · Idea Marketi doo, Air SERBIA, HBIS GROUP Serbia Iron & Steel, BANCA INTESA, MOL SERBIA, STAMPA SISTEM, MILSPED, Yettel d.o.o., HEMOFARM AD VRSAC, OTP banka Srbija follow. Methodology →

EPS leads by reported revenue at $4.5B, the largest of 25 ranked corporate groups.

Coverage

Companies by industry

The B2B industries we cover, ranked by number of companies. Each links to the full directory.

Manufacturing companies
66,503
Construction companies
61,552
Retail companies
53,999
Software companies
34,258
Distribution & wholesale
32,735

+ 51 more industries below ↓

Manufacturing companies is the most populated sector we cover, with 66,503 companies — 10% of Serbia's 633,684 registered.

Distribution

Company size & revenue

By number of employees

1–4
581,106
5–9
27,861
10–19
14,443
20–49
6,745
50–99
2,820
100–199
1,371
200–499
911
500–999
246
1000+
215

The 1–4 band is shown with a broken bar — it is ~21× the next band; the smaller bands are scaled against each other so they stay readable. 2,143 companies have no disclosed headcount (excluded).

Around 91% of companies with disclosed headcount employ fewer than five people, so the market skews heavily toward micro-enterprises.

By revenue (local currency)

1–100K
5,665
100K-499K
17,478
500K-999K
14,783
1M-4.99M
114,468
5M-9.99M
157,227
10M-49.99M
201,894
50M-99.99M
17,564
100M-499.99M
15,610
500M-999.99M
2,549
1B+
3,281

87,342 companies have no disclosed revenue (excluded from the chart).

The most common disclosed-revenue band is 10M-49.99M, covering 37% of companies with reported revenue.

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Geography

Where Serbian companies are based

Distribution by region.

Grad Beograd
218,920
Juzno-Bački
71,615
Nišavski
29,371
Sremski
23,964
Raški
23,309

Grad Beograd holds the largest regional share, with 43% of companies that have a disclosed region.

Group linkage

Corporate structure in Serbia

How much of the market is part of a corporate group vs independent.

8%

Part of a corporate group

92%

Independent

8% of companies belong to a corporate group; the remaining 92% operate independently.

Corporate groups

Largest corporate groups in Serbia

Serbian-headquartered groups ranked by total group entities worldwide — a measure of corporate reach.

#GroupGroup entities (worldwide)
1BORIS&MARINA KONSALTING DOO132
2AUTO-MOTO SAVEZ SRBIJE85
3AD SENTA-PROMET TRGOVINSKO PREDUZECE PO SENTA46
4MPZ-AGRAR D.O.O.45
5MPZ AGRAR DVA DOO37
6GALENS DOO NOVI SAD32
7AGROMARKET DOO KRAGUJEVAC26
8ABG GROUP DOO23
9NIS A.D. NOVI SAD21
10DOO ALMEX PANCEVO21

Group entities = total members of the corporate family worldwide, for groups whose ultimate parent is in Serbia.

BORIS&MARINA KONSALTING DOO is the largest corporate group headquartered in Serbia, with 132 entities worldwide.

Foreign ownership

Foreign-owned vs domestic

Among Serbia's larger companies, the share ultimately controlled from abroad — and the leading countries of ownership.

44%

Foreign-owned

56%

Serbian-owned

Leading countries of ownership

Cyprus
12.2%
Germany
11.6%
United States of America
7.7%
Switzerland
7.5%
Austria
6%

Shares calculated on the largest companies by revenue with ownership data available, not an absolute national figure.

Cyprus is the leading country of foreign ownership, at 12.2%.

FAQ

Serbia company data — frequently asked questions

There are 633,684 registered companies in Serbia across all sectors, from sole traders to large enterprises.
By reported revenue, EPS is the largest company in Serbia, followed by NIS and SERBIA ZIJIN COPPER DOO.
Activities of other membership organisations n.e.c., Business and other management consultancy activities, Restaurants and mobile food service activities have the most registered companies.
You can request a free sample or access the full Serbia database, filtered by industry, size, region and revenue, via InfobelPRO.
Sourced from the Infobel DaaS database. The largest-companies ranking is consolidated at corporate-group level (one row per group) and shows reported (actual) revenue in USD; modeled figures are excluded. Distributions cover all registered companies. Industry directories use a NACE-based B2B taxonomy. Last updated September 2026.

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