Proceeding of the Faculty of technical Sciences, Novi Sad

Industrial Engineering and Management

Vol. 41 No. 03 (2026): Proceedings of the Faculty of Technical Sciences

ASSESSMENT OF THE PROFITABILITY OF NIS A.D. NOVI SAD – BUSINESS CHALLENGES

  • Miljan Vujović
DOI:
https://doi.org/10.24867/34GI13Vujovic
Submitted
March 10, 2026
Published
2026-03-16

Abstract

The research is focused on assessing the financial stability and profitability of Nis a.d. Novi Sad through financial and ratio analysis for the period 2021-2023. The study confirmed the company's financial stability and efficient resource management, but highlighted the need for strategic adjustments due to the decline in profitability in 2023, with a recommendation for further cost reduction and revenue growth to sustain long-term success and growth.

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