Štark is a food manufacturing company based in Belgrade, Serbia. The main products of the company include candies, biscuits and chocolates. One of its hallmark products is Najlepše Želje a chocolate bar that means "Best Wishes" in Serbian.
Fiat Serbia (formerly, "Fiat Chrysler Automobiles Serbia", is a Serbian automotive manufacturing company based in Kragujevac, Serbia — a joint venture between Fiat Chrysler Automobiles which owns 67% of the operation and the Republic of Serbia, which owns the remainder.
Fabrika automobila Priboj is a Serbian automotive manufacturer of military vehicles and with the headquarters in Priboj, Serbia.
Naftna Industrija Srbije is a Serbian multinational oil and gas company with headquarters in NIS building, Novi Sad, Serbia. NIS is one of the most profitable companies in Serbia and one of the largest domestic exporters. It employs around 11,000 people in Serbia and the region. As of May 2022, Gazprom Neft is the largest shareholder with 50% of NIS shares, followed by 29.87% owned by the Government of Serbia, 5% owned by Gazprom and rest by minority shareholders.
Zastava Arms is a Serbian manufacturer of firearms and artillery, based in Kragujevac, Serbia. It was founded in 1853 when it cast its first cannon. It is the leading producer of firearms in Serbia and is a large contributor to the local defense industry. Zastava Arms produces and exports a wide variety of products to over forty countries, including the popular Zastava M70, a Kalashnikov rifle.
Ikarbus a.d. is a Serbian bus manufacturer based in Zemun.
PPT Petoletka is a Serbian manufacturer of hydraulics and pneumatics, headquartered in Trstenik, Serbia.
Hemofarm a.d., a member of STADA Group, is a Serbian pharmaceutical company based in Vršac, Serbia. Founded in 1960, it is one of the largest domestic producer and exporter of medicines in Serbia. Hemofarm currently operates in more than 30 countries on 3 continents and has around 3,000 employees.
Imlek a.d. is a Serbian food company based in Belgrade, Serbia. It is specialized in processing milk and produces dairy products.
Swisslion Group is a Serbian multinational food and drinks manufacturer headquartered in Novi Sad. Its products are produced in its factories located in Croatia, North Macedonia, Serbia and Bosnia and Herzegovina.
Rubin is a Serbian alcoholic beverages company headquartered in Kruševac.
Elixir Group is a Serbian agribusiness company. It is headquartered in Šabac, Serbia.
MK Group is a Serbian holding company which operates in the agriculture, banking, and tourism sector. The company was established in 1983 and has since expanded its business operations across South East Europe with a special focus on 4 countries in the region: Serbia, Slovenia, Croatia and Montenegro.
Zastava TERVO, short for "Zastava Terenska Vozila", is a Serbian automotive and defence company, specialized in the production of all-terrain vehicles. Based in Kragujevac, it was formed on 1 September 2017 with all fixed and current assets of Zastava Trucks including most of its former employees.
Goša FOM is a Serbian rail vehicle and equipment manufacturer, based in Smederevska Palanka, Serbia.
Marbo Product is a Serbian subsidiary of PepsiCo that manufactures, markets, and sells potato chips, and other snack foods. Its headquarters is in Belgrade, Serbia.
Impol Seval is a Serbian aluminium manufacturing company headquartered in Sevojno, Užice, Serbia.
Dijamant DOO is a Serbian edible oil manufacturing company headquartered in Zrenjanin. It is owned by the Fortenova Group.
Prva Petoletka Namenska is a Serbian manufacturer of arms, mortars, grenade launchers, unmanned ground vehicle, hydraulics and pneumatics, airplane parts and some complex weapons system including modernized M-77 Oganj, PASARS and LRSVM Morava in various stages of production. There is also a production for civil and industries users.
Jaffa Crvenka is a Serbian food company specialized in confectionery products and headquartered in Crvenka, Serbia. Its best-known product is Jaffa Cakes, based on the original McVitie's cakes and sharing the same name.
€90.86 million (2018) [1] 
(€25.87 million)(2018) [1] 
€81.94 million (2018) [2] 