A new species of Centaurea sect. Acrocentron (Asteraceae) was found on the Ozren mountain in southwestern Serbia near Sjenica and named as Centaurea ozrenii. It inhabits xerophilous and steppe-like habitats, on ultramafic geological substrate. Morphologically, it is close to C. calocephala, C. chrysolepis, C. orientalis, C. murbeckii, C. kotschyana and the recently described C. zlatiborensis. The most distinctive morphological features of the new species are undivided to simply pinnatisect (non lyrate) subglabrous leaves, with linear segments, upper leaves with an aristate apex and cream coloured to pale yellow florets of which the outer are much longer than the inner ones. The phyllaries are intermediate in relation to C. calocephala and C. kotschyana. The chromosome number of the new species is 2n = 22. Thorough field investigations confirmed the presence of C. ozrenii only at this localized site on Mt. Ozren with a population of 13 clusters of individuals with 23-52 flowering stems in an area of about 50 m2. Applying the IUCN Red List categories and criteria to the available data categorised C. ozrenii as a Critically Endangered (CR) species.