Hesteel

Topping this list is Fiat (FCA) Serbia (majority-owned by Fiat Chrysler Automobiles), that sold cars worth EUR 599.6 million, followed by HBIS Group (owned by China's Hesteel), who operate the Smederevo-based steel plant - and have exported products worth EUR 581.4 million in this period.

Prime Minister Aleksandar Vucic and Chinese President Xi Jinping met on Tuesday in Davos, Switzerland, on the sidelines of the World Economic Forum.

They spoke about Zelezara Smederevo steelworks, now owned by the Chinese company Hesteel, "and about future joint projects," the Serbian government said.