NALED Assembly: Meeting Materials and Voting

The Managing Board proposes that the current Chairman — Dragan Penezić, Director of Regulatory Affairs at BAT — continues in this role.

The proposed agenda of the Assembly includes an electronic session, during which voting on all items is planned, followed by a formal closing.

The minutes from the previous session contain details of decisions made by the NALED Assembly in 2025.

According to the report of the independent audit firm BDO, the attached financial statements — the balance sheet and income statement — present fairly and objectively, in all materially significant respects, the financial position of the Association as at 31 December 2025 and the results of its operations for the year then ended, in accordance with the accounting regulations in force in the Republic of Serbia. Total income generated in 2025 amounted to EUR 5.93 million, while the undistributed net surplus of income over expenses was EUR 2.554.

In consultation with the Managing Board, NALED’s Executive Office prepared improvements to the Statute in line with the organization’s new strategic orientation and development, including a more precise definition of the mandates and election of governing bodies in order to ensure broader representation of the membership. Since these are largely technical and normative amendments aimed at improving the document’s clarity and legal precision, all key and substantive solutions from the previous period — including the internal organizational model and the fundamental principles governing the Association’s work — have been retained in this proposal

NALED’s Strategic Plan for the period 2022–2025/26 included program objectives grouped into two areas: (1) improving public policies and services, and (2) advancing territorial development and EU integration. In the final year of implementation, 120 out of 151 planned results and activities were fully or partially achieved, accounting for 79.5% of the Strategic Plan. Ten results and activities, or 6.6%, were not achieved, while 21 results, or 13.9%, were postponed to the next strategic cycle. Beyond the planned activities, nine additional results were also delivered.

Detailed reports on the activities and results achieved in the previous year, including an overview of the implementation of the Strategic Plan throughout the past strategic cycle, are available below.

Based on conducted surveys, internal and external analyses, and broad consultations with members, partners, and other key stakeholders, NALED’s Executive Office prepared a proposal for the Association’s new Strategic Plan. In the period from 2026 to 2030, the Plan should contribute to strengthening business competitiveness and economic integration with the EU through the active participation and cooperation of the private, public, and civil sectors. The proposed Strategic Plan envisages 12 program objectives within two strategic pillars: (1) strengthening the capacities of businesses for responsible, sustainable, and innovative operations, and (2) modernizing public administration and improving the regulatory framework for doing business.

Via the regular annual survey, members have the opportunity to share their views on the business environment, reform priorities, and NALED’s work and results, as well as to provide concrete proposals for improving future activities and cooperation.