promocija

1. promotion
   Firma troši mnogo novca na promociju. — The company spends a lot of money on promotion.
   U marketu je promocija nove kafe. — There's a promotion for a new coffee at the supermarket.
2. (of a book, album) launch; presentation
   Promocija knjige biće u sredu u biblioteci. — The book launch will be on Wednesday at the library.
3. (at a university) graduation ceremony
   Roditelji su došli na moju promociju. — My parents came to my graduation ceremony.

A job promotion is usually called unapređenje rather than promocija.