The idea of returning the confiscated property to the previous owners in the Republic of Serbia arose as a process that included all the countries of Eastern Europe and other countries of the former Communist system in which mostly state property existed. Restitution is part of the transition process, which implies comprehensive changes in the state, including privatization of the state sector and market operations on the principles of private property, but also as a need to correct the injustice done to former owners of confiscated property. According to Serbian legislation, restitution is obligatory, but in practice it is very difficult and slow to realize, even though this process realizes one of the basic human rights of citizens described in the UN Universal Declaration of Human Rights - the right to free enjoyment of private property. In this paper, the authors analyze the possibilities of returning agricultural land, legal regulations and implemented solutions in practice, on the example of a unit of local self-government, on whose territory there is a state land fund that can be the subject of return.

The crisis, as a negative deviation that is serious and can jeopardize the company's business usually doesn't occur suddenly, but gradually in individual areas, accumulating its effects. The crisis caused by the pandemic came suddenly and immediately caused a disruption of economic activities, without the possibility to predict and prevent it. It hit the agricultural sector with great intensity. The analysis of the business entities in agricultural sector in Serbia has shown that these entities suffered great damage and that it is necessary to take restructuring measures as soon as possible, primarily organizational ones. The results of the research showed that the crisis caused by COVID 19, mainly affected the entire long chain of participants in agriculture. Government measures, which included providing financial support and subsidies, are certainly welcome but not sufficient. The authors concluded that it is therefore necessary for companies to implement restructuring measures in order to ensure a speedy recovery.

The aim of this paper is to determine the current situation in the field of geographical indications schemes (GI), obstacles for futures development and to provide recommendations for GIs development in Serbia, Bosnia and Herzegovina and Montenegro. GIs quality schemes provide confirmation to consumers that foodstuff is a traditional product produced in a certain area and with certain attributes. Although the Western Balkan countries are reach in well-known traditional products and have excellent ago-ecological conditions for GIs production, this quality schemes are not developed. In this paper are applied comparative methodology, literature review and field research. Results are showing that path to improvement GIs is in the further legal framework harmonization with EU legal framework, providing flexibility for registration of the GIs foodstuff processing capacities, support to the producer's organization, shifting of the national GIs recognition to the EU, systematic support to the GIs etc.

The operation of companies on the domestic or international market implies, a well-organized company whose function is based on efficient business and, on the fiduciary duty of the owner and management, which is at the same time a challenge, but also a great responsibility in view of the interests of all constituents. The disadvantage or loss of these features in organizing the companies, leads to significant lagging of the company in relation to its competitors and the continuous weakening of economic power can lead to the collapse, which is the hardest blow to the investors but also the recognition of the manager that he was not successful. The agriculture is one of the most important sector of activity in Serbia, in the last hundred years, in terms of the volume of production and the number of engaged population, which is why sustainable business in this area is necessary.

Aim of this paper is to analyse the role of warehouse receipts in the agribusiness sector, as well as prerequisites for successful public warehouses system. Warehouse receipt emerge as a promising financial instrument for farmers and other owners of agricultural products to provide loan against warehouse receipts. Warehouse receipts also offer alternative investment opportunities for banks by creating a new asset class. The paper analyses the experiences of the Serbia, which introduced the system of public warehouses in 2009. Applied research methodology includes literature review, comparation analyses and Indemnity fund' data analyses. According to the results of this paper, Serbian legal framework can be good example for other countries aiming to establish public warehouses system as a system consisting on all necessary prerequisite to establidh successful public warehouse system. After positive experiences in the initial years, the development of the public warehouse system in Serbia came to a standstill in 2015., when two frauds in the public warehouse system occurred, which led to a loss of confidence in public. An important lesson learned in Serbia is that in addition to complete legislation based on the experience of successful public warehouse systems, it is necessary to implement legal provisions in practice. According to the results of the paper, the main cause of the crash of public warehouses in Serbia is despite the legal provision on the establishment of a special inspection for public warehouses, this most important link has never been established in practice. Lessons learned in Serbia can be a useful experience for other countries, j the process of establishing this important system for agribusiness sector. This paper provides first comprehensive analyses of the public warehouse system in the Serbia.