Sectors

Five markets we know from both sides.

HealthHow the same money could deliver more and better care.Where demand outgrows supply, and how a provider stands out.EducationHow the system could reach every child and teach each one better.Where families look for more, and how a private school or faculty earns its premium.ICT & digital infrastructureHow support could follow skills and adoption at home, not headcount.Where the market moves from hours to solutions, and which firms are worth backing.Manufacturing & exportersHow support could help domestic firms grow, not only bring new plants.Where domestic manufacturers can sell more, and what it takes to get there.Agri-foodHow farm support could raise what a hectare earns.Where land earns most, and who can capture the value.All sectorsOverview

Topics

Five questions that cut across every market.

SMEs & entrepreneurshipHow support could reach the small and mid-sized firms able to grow.Where domestic know-how sits, and which firms are worth backing.Competitiveness & investmentHow support could raise productivity, not only jobs.Where firms have underinvested, and what it takes to catch up.Public financeHow each dinar could be tied to a purpose, and pay to the value of work.Where the state will spend, and how to compete for it.Green & digital transitionHow carbon revenue and support could help firms measure and cut, not only pay.Where clean power and carbon data open a market, and who can serve it.Skills & labour marketsHow adults in work and out of it could keep learning what the economy needs.Where to find the people a plan needs, and how to train and keep them.All topicsOverview

Services

Economic analysis for governments, donors and international organisations: we diagnose sectors and public spending, design and cost programmes, and evaluate what they changed.Economic analysis for companies and investors: we size markets and plan entry, find and assess firms to buy, and model what a business is worth.

Sector & value-chain diagnosticsWhere a sector creates value, who leads it, and what holds it back.Public expenditure & functional reviewsWhere public money goes, what it achieves, and how the same budget could do more.Policy & programme designWhom a programme should reach, with what instrument, and how it will be judged.Cost-benefit & fiscal impactWhat a policy or project will cost, year by year, and what it returns.EvaluationWhat a programme changed, for whom, and what would have happened anyway.Market entry studiesHow large the market is, who buys, who competes and what it takes to win.Policy, regulatory & public-demand riskHow incentives, licences, rules and public spending move a business case.Market-entry programmesFrom a study to an operation on the ground: set-up, people, partners and first customers.Business plansA plan a board can approve and a lender or investor can fund.Target search & screeningWhich firms exist, who owns them, and which deserve a closer look.Due diligenceWhat a target’s business, clients and earnings really are, before the price is set.Financial models & valuationWhat a business or an investment is worth, and how it pays back under different scenarios.Surveys & primary dataThe evidence that does not exist yet, collected so that it can be trusted.Custom analytical & performance toolsModels, dashboards and indices, used every time a decision comes back.All servicesOverview

Service · For both sides

Custom analytical & performance tools

Models, dashboards and indices, used every time a decision comes back.

Tools we have built

Redrawn from our engagements, with invented figures. No client is named and no client data is shown.

Model

From the market to the company’s revenue

Total, serviceable and won, under three presets

For investors · Market entry studies
Model

What a reform costs, year by year

Cost above today’s wage bill, against the fiscal limit

For institutions · Cost-benefit & fiscal impact
Model

Returns by exit year and exit multiple

Equity IRR and money multiple

For investors · Financial models & valuation
Panel

Firms in the panel, tool by tool

Which supported tools are still in use

For institutions · Evaluation
Dashboard

The supply base, firm by firm

Every firm by public sales and margin, size by revenue

For investors · Market entry studies
Model

Who a programme would reach

Firms filtered from the register on its criteria

For institutions · Policy & programme design
Screen

A long list, scored

Six criteria, weights the client can change

For investors · Target search & screening
Map

Firms across the region

Size by revenue, colour by role, faded where estimated

For investors · Target search & screening
Database

Spending by municipality and function

Final accounts, coded line by line

For institutions · Public expenditure & functional reviews
Plan

Three tracks, one calendar

Company, partners and customers in an entry plan

For investors · Market-entry programmes
Tracker

Fieldwork, stratum by stratum

Interviews completed against the sample

For institutions · Surveys & primary data
Diligence

Revenue by client

How much rests on the largest

For investors · Due diligence
Diagnostic

Which firms carry the sector

Share of firms against share of output

For institutions · Sector & value-chain diagnostics
Model

Cash flow, annual and cumulative

The funding need and the payback year

For investors · Business plans
Monitor

Public demand, month by month

Tenders planned, open and awarded

For investors · Policy, regulatory & public-demand risk
Model

Profit bridge, from entry to exit

Operating profit by driver, € m

For investors · Financial models & valuation

Context

What it answers

A report is read once; a model or a dashboard is used every time a decision comes back. Ministries need to rerun a costing when a parameter changes, programmes need to track performance while there is still time to act, and investors need to test a new price or scenario without calling the consultant.

  • Which decisions recur, and what would let the team make them without starting again?
  • Which indicators show performance early enough to act on?
  • How will the tool stay correct once it has been handed over?

Evidence

How we work

Tools are built on the same data and logic as the analysis behind them: costing and scenario models, databases joined from registers and administrative records, composite indices, and dashboards that track a programme, a portfolio or a pipeline against agreed indicators. Each tool is documented, with metadata on every source, and the cells that carry a judgement rather than a measurement are marked as such. AI-assisted extraction reads documents and registers at scale, and its results are checked. Access is controlled, and the client’s staff are trained to run and update the tool.

Costing and scenario models · databases from registers and administrative records · composite indices · performance dashboards and KPIs · scenario calculators · AI-assisted document analysis

Direction

What you get

A working tool, as a spreadsheet model, a database or a password-protected web application, with documentation, training, and support while the team takes it over.

Examples of our work

For investorsInternational technology group2026

Market-entry strategy for Serbia

No published source measures this market, so we built it from primary records: a census of six years of public contracts and tender files, the filed accounts of the supplier base and an object-by-object model of commercial demand. It was sized from the demand and the supply side independently and forecast to 2032 in a model the client can adjust.

For investorsStrategic investor2025–26

Investment cases for acquisition targets in private healthcare

Integrated models rebuild a target’s audited accounts into service lines, volumes, prices and staff. They value it on discounted cash flows checked against regional deal multiples, and test each improvement or add-on as its own business case under three scenarios.

For institutionsUNDP and Ministry of Public Administration2018

What the public pay law would cost: a job-level model

A wage-bill diagnostic and a job-level model of the pay law, built on payroll and pension-insurance registers, which ministry staff were trained to run.

For institutionsUNICEF2020

Local government spending database for the social sector review

Final accounts of thirty local governments, from the largest cities to the poorest municipalities, digitised and checked line by line and coded by function and economic classification, with plan set against execution.

All work
Talk to Nemanja Šormaz

Try one

Three of them, live, with invented figures

What a reform costs, year by yearWhen a market entry starts to pay

Live

Dashed line: the fiscal limit. Dark bars exceed it.Dashed line: break-even. Illustration, not client data.

The same firms, read as eligible, reached or changedThe same supply base, read as competitors, partners or channel

Live

Illustration, not client data.

Three tracks of a reform on one calendarThree tracks of an entry plan on one calendar

Live

Illustration, not client data.

The other side

Market entry, business plans, due diligence and valuation for companies and investors.Diagnostics, programme design, cost-benefit analysis and evaluation for institutions.

Read this as an investorRead this as an institution
Next serviceMarket entry studies

Contact

Tell us the decision in front of you, and when you need it.

nemanja@econominess.rs

Company profile, PDF · Belgrade, Serbia