The Business Challenge: Scaling Engineering Talent
By 2022, BUX had reached product-market fit with 1M+ users, but faced a critical constraint: Amsterdam’s competitive tech talent market was limiting our engineering growth. We needed to expand internationally while maintaining our culture and technical standards.
As Country General Manager for Serbia, I was tasked with establishing our first international engineering hub from scratch.
Building a Company: From Legal Entity to Operating Business
Month 1-2: Legal Foundation
- Partnered with Serbian legal experts to establish BUX Fintech D.O.O.
- Navigated local business regulations, tax optimization, and compliance requirements
- Set up banking, accounting, and operational infrastructure
Month 3-4: Physical Infrastructure
- Selected and equipped a modern office space in Belgrade’s tech district
- Implemented security protocols for financial technology requirements
- Created a workspace that reflected BUX’s innovative culture
Month 5-6: Talent Pipeline
- Developed hiring processes adapted for the Serbian market
- Built relationships with local universities and tech communities
- Established competitive compensation packages aligned with local market
Strategic PR and Talent Acquisition
Media Strategy: Secured feature coverage in Netokracija, the region’s leading tech publication, which:
- Increased job application rates by 300%
- Established BUX as an attractive employer in Serbia
- Generated interest from high-quality senior engineers
Recruitment Results:
- Hired 8 senior engineers in the first 6 months
- Achieved 95% offer acceptance rate
- Built waiting lists for future positions
Cultural Integration: One BUX, Multiple Locations
The Challenge: Maintaining unified company culture across 1,200km distance and different cultural contexts.
My Solutions:
- Regular Travel: Spent 40% of time traveling between Amsterdam and Belgrade
- Shared Rituals: Implemented the same daily standups, retrospectives, and team building activities
- Technical Standards: Ensured identical code review, testing, and deployment processes
- Social Integration: Organized cross-office visits and joint team events
Technical Leadership and Project Delivery
Engineering Contributions: The Belgrade team contributed to major BUX initiatives:
- Web platform development (50% of frontend engineering)
- Mobile app performance improvements
- Backend infrastructure scaling
- New market expansion features
Quality Metrics:
- Maintained 99.9% uptime across all services
- Zero security incidents or compliance issues
- Code review and testing standards identical to Amsterdam team
Business Impact: Proving the International Model
Operational Success:
- Reduced engineering hiring costs by 40%
- Accelerated feature delivery timeline by 60%
- Created talent pipeline for continued expansion
Strategic Validation:
- Demonstrated BUX’s ability to scale internationally
- Established template for future engineering hubs
- Attracted additional investment based on operational efficiency
Dual Role Excellence: GM + Product Manager
The Unique Challenge: While building the Serbian entity, I maintained my Product Manager responsibilities for the parent company.
How I Managed Both:
- Time Management: Structured weeks between strategic (GM) and tactical (PM) work
- Context Switching: Used travel time for strategic planning and documentation
- Team Empowerment: Built autonomous teams that could operate during my divided attention
Why This Experience Matters
International Business Development: Proven ability to establish and operate businesses in new markets with different regulatory and cultural environments.
Talent Strategy: Demonstrated expertise in building engineering teams in competitive markets through creative recruiting and employer branding.
Operational Excellence: Successfully managed P&L responsibility while maintaining product and engineering standards.
Cultural Leadership: Scaled company culture across international boundaries while respecting local differences.
Dual Leadership: Managed both strategic business concerns and day-to-day product development simultaneously.
Risk Management: Navigated legal, financial, and operational risks in unfamiliar business environment.
Ready to help you expand your engineering capabilities internationally or build high-performing product teams? Let’s discuss how I can accelerate your growth plans.