Key Market Indicators
The revenue of Serbian water utilities is projected to hit €504 million by 2028, up from €422 million in 2023. This represents an average annual growth rate of 2.8%. Since 2019, the market has experienced a consistent year-on-year increase of 4%. In contrast, Serbian wastewater generation is expected to remain stagnant at around 1,060 million cubic meters by 2028, unchanged from 2023 levels. This follows a long-term trend of decline, with the supply having decreased by 1.7% annually since 2005.
