alliance international media

EDITORIAL DIRECTOR 

AND EDITOR IN CHIEF 

Tatjana Ostojić 

t.ostojic@cma.rs 

ASSISTANT EDITOR 

Slavka Kovač 

s.kovac@aim.rs 

ART DIRECTOR 

Ilija Petrović 

i.petrovic@aim.rs 

PROOFREADER 

Max Williams 

m.williams@aim.rs 

TRANSLATOR 

Snežana Bjelotomić 

The Investment Guide 

2011/2012 

PROJECT MANAGERS 

Vesna Vukajlović, v.vukajlovic@aim.rs; 

Marija Savic, m.savic@aim.rs; 

Jelica Lepori, j.lepori@aim.rs; 

Nataša Popović, n.popovic@aim.rs; 

GENERAL MANAGER 

Ivan Novčić 

i.novcic@cma.rs 

FINANCIAL DIRECTOR 

Ana Besedić 

a.besedic@cma.rs 

EDITORIAL MANAGER 

Tanja Banković 

t.bankovic@cma.rs 

PRINTING 

Rotografika d.o.o. 

Segedinski put 72, Subotica 

"The Investors Guide 

- Serbian Potentials 2011/2012" 

published by: 

alliance international media 

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Phone: +(381 11) 245 05 08 

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ISSN no: 1451-7833 

All rights reserved 

alliance international media 2011 

6 

COMMITTED TO EU 

INTEGRATION PROCESS, 

BOŽIDAR LAGANIN, director of the 

Serbian investment and export 

promotion agency (SIEPA) 

8 

11 

SERBIA ON THE 

RISE 

LEADER IN SETTLING 

CLAIMS, 

SINIŠA ERIĆ, a member of Dunav 

osiguranje’s executive board 

in charge of sales of non-life 

insurance and insurance claims 

MUNICIPALITIES 

12 Aleksandrovac, 

Aleksinac, Aranđelovac 

13 

Arilje, Babušnica, 

Bajna Bašta 

14 Belgrade 

15 

16 

17 

18 

19 

Batočina, Bela Palanka, 

Blace 

Bogatić, Bojnik, 

Boljevac 

Bor, Bosilegrad, 

Brus 

Bujanovac, Crna Trava, 

Čačak 

Čajetina, Ćuprija, 

Ćićevac 

20 Despotovac, 

Dimitrovgrad, Doljevac 

21 

22 

23 

Gadžin Han, Golubac, 

Gornji Milanovac 

Ivanjica, Jagodina, 

Kladovo 

Knić, Knjaževac, 

Koceljeva 

24 

25 

26 

Kosjerić, Kragujevac, 

Kraljevo 

Krupanj, Kruševac, 

Kuršumlija 

Kučevo, Lajkovac, 

Lapovo 

27 Leskovac 

28 

29 

30 

Lebane, Ljig, 

Ljubovija 

Loznica, Lučani, 

Majdanpek 

Mali Zvornik, Malo 

Crniće, Medveđa 

31 Merošina 

32 

33 

34 Osečina 

Mionica, Negotin, 

Niška Banja 

Niš, Nova Varoš, 

Novi Pazar 

35 

36 Pirot 

37 Požega 

38 

Paraćin, Petrovac 

na Mlavi, Požarevac 

Preševo, Priboj, 

Prokuplje 

39 

40 Prijepolje 

42 Rekovac 

43 

Rača, Raška, 

Ražanj 

Sjenica, Smederevo, 

Sokobanja 

44 Smederevska 

Palanka 

45 

46 Šabac 

47 Topola 

Surdulica, Svilajnac, 

Svrljig 

48 Trgovište 

49 Trstenik 

Tutin, Ub, 

50 Užice 

51 Valjevo 

52 Varvarin 

53 Vranje 

54 

55 

56 Zaječar 

58 

Velika Plana, Veliko 

Gradište, Vladimirci 

Vladičin Han, Vlasotince, 

Vrnjačka Banja 

Žabari, Žagubica, 

Žitorađa 

Contents 

4 The InvesTmenT GuIde Serbian Potentials

edITorIal BoŽiDar LaGanin dIrecTor of The serbIan InvesTmenT and eXporT promoTIon aGency (sIepa) 

committed to eu 

integration process 

Dear Readers, 

as a fully integrated part of europe’s future, the 

serbian government will focus on continuing 

the development of our country as a friendly 

environment for foreign businesses 

The last few years have been an 

exciting time for Serbia. As a nation, we are firmly 

committed to the European Union integration 

process and will become a candidate country 

this year. We have had the honour of welcoming 

FIAT to Serbia and look forward to witnessing the 

world premiere of its new models in Kragujevac. 

Moreover, we have witnessed strong growth in 

the Information Technology sector with Serbian IT 

companies growing considerably in 2010 to become 

the largest in Southeast Europe. 

Each business comes to Serbia for different 

reasons: Some seek lower cost manufacturing or 

try to take advantage of our country’s favourable 

geographic position and the 1 billion consumer 

market enabled by Serbia’s free trade agreements 

with the EU states, Russia, Turkey, the US, 

Southeast Europe, and the EFTA countries. Others 

are attracted by our country’s strong level of 

English language proficiency, highly-skilled and 

easily-trained workforce and extremely low 10% 

corporate profit tax rate. Regardless of the reason 

for their initial interest, businesses that decide to 

set up operations or conduct trade in Serbia are 

able to thrive in a reliable, dynamic country that 

affords them much greater opportunity than they 

initially perceived. 

In 2012, Serbia will continue along its path to 

the European Union and become home to many 

more international companies looking for a new 

geographic presence. As a fully integrated part of 

Europe’s future, the Serbian government will focus 

on continuing the development of our country 

as a friendly environment for foreign businesses. 

At SIEPA, we will continue to work with these 

businesses, providing them with the highest level 

of expertise and support needed 

to take advantage of all that Serbia 

has to offer. 2011 promises to be an 

exciting and positive year for Serbia 

and we invite you to join us. 

I believe that the comprehensive 

information in this publication 

will assist you in reaching an informative decision 

about conducting your business in Serbia. 

Thank you. 


serbia on 

the rise 

International investors have equal 

rights and obligations to domestic 

ones in serbia. The combination of 

legal framework and the stimulative 

tax and customs regime are 

ensuring that foreign capital enjoys 

security and prosperity in serbia 

By Marija Vukosavljević & Goran Radosavljević 

For years, Serbia has been one of the most interesting 

investment locations in this part of Europe as 

well as a reliable trading partner whose exports are 

reaching more and more consumers in various demanding 

markets. Serbia has become the choice for many 

well-known foreign investors thanks to its excellent geographical 

position, highly educated 

workforce, financial incentives and 

favourable tax system. Although it is 

still an expanding market, Serbia also 

offers investors a unique opportunity 

to sell products manufactured in 

Serbia to a market of over one billion 

people. Free trade agreements that 

Serbia has signed with the Russian 

Federation, Belarus, Kazakhstan, 

Turkey, EFTA, CEFTA, the Interim Trade Agreement with 

the EU and the preferential status of Serbian goods in 

the U.S. market make Serbia very attractive for all types 

of production. Serbia’s credit rating was recently upgraded 

by S&P to BB with a stable outlook. Serbia’s likely 

becoming an EU candidate country will improve this 

rating even further. 

the most recent 

development that we 

in sIePa are especially 

proud of is the 

increasing number of 

investments in shared 

services in serbia 

For 10 years, the Serbia Investment and Export 

Promotion Agency (SIEPA), a government organization, has 

been providing professional services to investors in order 

to assist and facilitate investments and for doing business 

in Serbia. The quality of our service is internationally recognized 

and SIEPA received several prestigious awards such 

as the 8th best agency of this kind in the world, according 

to the WTO, UN, and World Bank. We actively contribute to 

the improvement of the business environment 

in Serbia and its attractiveness 

to foreign investors. 

Investment tracK recorD 

Since the onset of the new millennium, 

Serbia has grown into one 

of the premier investment locations 

in Central and Eastern Europe. A list 

of the leading foreign investors is 

topped by world-class companies and banks such as Fiat, 

Telenor, Microsoft, Coca Cola, Stada, US Steel, Michelin, 

Gazprom, SiTel, Intesa Sanpaolo and many others. 

The result of the proactive policy is more than 12 

billion euros of foreign direct investments in the past 

five years. Leading investment sectors were local services 

providers such as financial, telecommunications, oil 


and retail sectors. On the other hand equally significant 

and large were investments into the manufacturing sectors 

such as food, automotive, tobacco, pharmaceutical, 

electronics, clothing and others. 

The most recent development that, we in SIEPA are 

especially proud of, is the increasing number of investments 

in shared services in Serbia. The contract signing 

ceremony that recently took place with the US company 

SiTel will provide for the opening of a 300 hundred person 

contact centre, and a couple of similar projects in the 

pipeline, testify that Serbia is moving towards a higher 

value added tier of FDI. We hope this will be the trigger 

for more massive BPO investments in the country. 

Labor Pool 

Serbia’s labor force combines exceptional working 

efficiency with a sizable labour supply. With a 

unique combination of high quality and low costs, it is 

one of the key factors in reaching strong business performance. 

Technical education 

is particularly strong 

– high school students are 

among the best performers 

at world contests in natural 

sciences, while Serbian 

engineers are well-known 

for their expertise. In addition, 

Serbia boasts the highest 

English speaking proficiency 

in Eastern Europe. 

Management education has 

also been improved by the 

introduction of joint graduate 

and post-graduate courses 

organized by local universities 

and by renowned 

Western business schools. 

Investment Incentives 

Since 2006 SIEPA has been conducting a program of 

investment incentives. The program has significantly contributed 

to attracting foreign investment and has given 

more than satisfactory results. In the final round of the allocation 

of funds that ended in March 2011, 25 projects 

were approved. The 

List of Top 10 investments so far 

total value of these 

projects is approximately 

175 million eu- 

1 Telenor Telecomunications 

No. Name Sector 

ros and the number of 2 Gazprom Neft - NIS Oil & Gas 

new jobs that should 

3 Delhaize Retail 

be created is more 

4 Stada - Hemofarm Pharmaceutical 

than 6,000. This program 

allows investors 5 Mobilkom - VIP Mobile Telecomunications 

to use non-refundable 

state funds ranging 7 Banca Intesa – Delta Banka Financial 

6 Philip Morris DIN Tobacoo 

between €2,000 and 

8 Salford Investment Fund Food & Beverage, Agriculture 

€10,000 per new job 

9 Eurobank EFG Financial 

created. The Republic 

10 Raiffeisen banka Financial 

of Serbia, through 

SIEPA, has so far subsidized 

a total of 171 investment projects with over 860 

million euros. This resulted with almost 28 thousand 

newly employed workers. 

In addition to these incentives, 

a special financial 

package is available for 

large-scale investments. If 

a project’s value exceeds 

€200 million, with a minimum 

of 1,000 new jobs created, 

the state might cover 

up to 20% of the investment. 

Investments of over 

€50 million that create a 

minimum of 300 new jobs 

can be subsidized in the 

amount of up to 20% of the 

project’s value. 

International investors 

have equal rights and obligations 

to domestic ones in 

Serbia. The combination of legal framework, stimulative 

tax and customs regime ensure that foreign capital enjoys 

security and prosperity in Serbia. Serbia’s tax system 

is highly conducive to investments. Apart from featuring 

the lowest tax rates in Europe, investors can benefit 

from possible tax incentives which create excellent 

start up conditions. 

Source: SIEPA 

Serbia 10% 

Bulgaria 

10% 

Romania 

16% 

Poland 

Slovakia 

Croatia 

Czech 

Hungary 

19% 

19% 

20% 

20% 

20% 

0% 5% 10% 15% 20% 25% 

Corporate Profit Tax Rates in Eastern Europe 

Serbia 12% 

Croatia 

Czech 

15% 

15% 

Romania 

16% 

Poland 

Slovakia 

Bulgaria 

18% 

19% 

20% 

Hungary 

24% 

0% 5% 10% 15% 20% 25% 30% 

Salary Tax Rates in Eastern Europe 

Serbia 

Slovakia 

Czech 

Bulgaria 

Poland 

Croatia 

Romania 

Hungary 

18% 

20% 

20% 

20% 

22% 

23% 

24% 

25% 

0% 5% 10% 15% 20% 25% 30% 

VAT Rates in Eastern Europe 

Serbian Potentials The Investment Guide 9

Net FDI, $ thousands, 

January – March 2011 

Netherlands 99,360 

Russian Federation 56,713 

France 46,151 

Austria 35,041 

Slovenia 16,532 

Germany 11,702 

Spain 10,958 

Italy 6,898 

Liechtenstein 5,096 

Montenegro 5,076 

Source: National Bank of Serbia 

Net FDI, $ thousands, 2010 

Netherlands 264,324 

Austria 192,839 

Slovenia 108,269 

USA 77,048 

United Kingdom 76,388 

Switzerland 66,224 

Cyprus 60,259 

Italy 54,813 

Croatia 49,498 

Germany 44,138 

Serbia’s labor force combines 

exceptional working efficiency with 

a sizable labour supply 

The Success Continues 

According to the National Bank of Serbia’s inward 

foreign direct investment (FDI) Serbia totaled 

$ 1,156 million in 2010, the country received 

$424.6 million during the first three months of the 

year. The biggest foreign investments by sectors in 

2010 were in manufacturing industries, which received 

$447 million, of which about $ 232 million 

was invested in the production of basic metals. The 

other sectors were financial intermediation, wholesale 

and retail business, real estate, transportation, 

construction, and agriculture. A similar trend continued 

in the first quarter of 2011. The biggest foreign 

investments in this period were also in manufacturing, 

real estate, insurance and financial activities, 

information and telecommunication, wholesale 

and retail trade, scientific and technical innovation 

activities, and construction. 

The biggest investors in 2010 and 2011 are Benetton, 

the Delhaize Group, SiTel, Mühlbauer, Panasonic, Falke, 

Standard Group, Elrad, and suppliers such as Fiat’s 

Magnetti Marelli. The greatest success comes from companies 

that have already invested in Serbia and plan on 

expanding their investments and intensifying their business. 

The latest examples are the Korean corporation 

Yura which in 2010 and 2011 invested in three projects, 

followed by Fiat, U.S. Steel, Gorenje, Ball Packaging, 

Metro Cash & Carry, Heineken, Carlsberg, Pepsi and others. 

■ 

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For only 300 RSD per copy 

(including P & P) 


Serbian Potentials 

Vojvodina in Focus 

This unique publication contains information on investment 

opportunities in all hundred municipalities of Central 

Serbia. Following publication of the successful annual 

Vojvodina Investors Guide (distributed in July 2010), alliance 

international media is issuing the 2nd edition of this unique 

series offering useful information from Serbian municipalities, 

including all opportunities, terms and conditions for successful 

investments. 

The Guide also includes all contacts, statements, maps 

and incentives – based on information directly provided by 

municipal officials. 

This publication is supported by the Standing Conference 

of Serbian Towns and Municipalities, SIEPA and USAID. 

Please order your copy on: 

Tel. +381 11 2450 508 

Fax. +381 11 2450 122 

email: office@cma.rs 

10 The Investment Guide Serbian Potentials

InTervIew siniŠa eriĆ a member of dunav osIGuranJe’s eXecuTIve board In charGe of sales of non-lIfe Insurance and Insurance claIms 

Leader in settling claims 

so far, dunav osiguranje has paid 7.1 billion 

dinars in insurance claims 

After the short-lived recovery of non-life insurance 

premiums in 2010, there is again a visible 

decline in this sector – says member of Dunav 

Osiguranje’s Executive Board, Siniša Erić in an interview 

for the special edition of CorD magazine. 

• how many insurance claims have Dunav 

osiguranje settled so far? 

- Out of a total of 126,378 insurance claims, last year, 

the company settled 122,267, i.e. 96.7%. Based on 

this data, it is very clear that the average time needed 

for a claim to be settled has been drastically reduced 

compared to years before, and we are talking 

about all sorts of insurance. The level of efficiency 

in dealing with claims is the same as in the biggest 

global insurance companies. We are also the number 

one when it comes to insurance claim payments 

– 99.8% or 7.1 billion dinars. In the period from 

January to May 2011, we have settled 44,983 claims 

worth 2.7 billion dinars which is almost the same as 

last year. Small claims (up to 50,000 dinars), which 

are the most frequent, are settled promptly. When it 

comes to other claims, the average time needed for a 

claim to be settled is less 

than eight days. 

• What type of non-life 

insurance is the most 

popular in serbia? 

- The Serbian insurance 

market is still considered undeveloped. According 

to the 2009 data, the premium per capita was 

$110, while in Slovenia it was $1,418 and Croatia 

$402. Non-life insurance premiums in Serbia make 

84% of the total number of issued insurance policies, 

while life insurance makes only 16%. The 

most popular non-life insurance policies are asset 

insurance policies (with a 26.8% share), followed 

by car insurance (26.7%) and CASCO car insurance 

(12.2%). These are the results from Q1 of 2011. 

After the short-lived recovery of non-life insurance 

premiums in 2010, there is again a visible decline 

in this sector in Serbia. 

non-life insurance premiums in serbia 

make 84% of the total number of 

issued insurance policies, while life 

insurance makes only 16% 

• What kind of changes 

will the application 

of bonus-malus 

in calculating a premium 

bring to the 

serbian insurance 

market? 

- Following the National 

Bank of Serbia making 

a decision to introduce 

bonus-malus to 

the Serbian insurance 

market, as of 15th 

April 2011, the first 

results of this decision 

will be visible as 

of September this year 

when we are going to start differentiating between 

good and bad drivers. That will play an important 

role in deciding how high an insurance premium 

should be. All insurance companies are obligated 

to charge an additional premium (so-called 

malus) or reduce the premium (bonus), based on 

the driving records, i.e. 

the number of past insurance 

claims against a 

particular driver. Having 

this system in place 

should make the drivers 

more careful in traffic 

which, in turn, will lead to a drop in accidents. 

Last year, 445,035 people bought a car insurance 

policy from Dunav Osiguranje. 

• What are the latest developments in casco insurance? 

- In the first quarter of 2011, the number of issued 

CASCO insurance policies recorded a 4.5% drop compared 

to the same period last year. Most of the people 

usually buy the mandatory car insurance which has 

also declined by 1.8%. Despite these trends, Dunav 

Osiguranje has managed to maintain the same number 

of issued policies. ■ 

Serbian Potentials The InvesTmenT GuIde 11

aLeKsanDrovac aLeKsinac aranĐeLovac 

municipality 

of Wine 

aleksandrovac is the administrative, 

economic, educational and cultural 

centre of the municipality 

The municipality of Aleksandrovac is located 

in central Serbia’s Rasinski district, and the town of 

Aleksandrovac is the administrative, economic, educational 

and cultural centre of the municipality. The 

municipality covers an area of 387 square kilometres. 

Aleksandrovac’s geographical position and climate 

are perfectly suited for growing all varieties of 

grapes, which is why wine cultivation and tourism 

are the two main development directions. 

The municipality has extraordinary tourist potential, 

facilitated by the nearby Kopaonik Mountain 

and Vrnjačka Spa. Moreover, the area is home to 

many vineyards and the annual ‘Župska Vintage’ 

tourist event, which has been held for the past 45 

years. There is the existing Župa Museum and the 

future Museum of Viticulture and Wine Making, with 

a built-in wine cellar. The Tourist Organization of 

Aleksandrovac can provide all the available information 

about tourism offerings. 

The basic features of the municipality’s countryside, 

population structure and urban infrastructure 

provide the basis for the further development 

of the municipality. It also has a local development 

office to promote economic growth. 

As 65.4% of the municipality’s territory is agricultural 

land (78.8% of which is actually arable 

land), it is no wonder that agriculture represents 

the main economic activity in the municipality. 

Viticulture, fruit and vegetable growing and livestock 

breeding are the most widespread agricultural 

activities. 

contact: JuGosLav staJKovac, 

municipal president 

Trg oslobođenja 7, 37230 aleksandrovac 

Tel: +381-37-552-275 fax: +381-37-751-297 

email: soaleks@ptt.rs; www.aleksandrovac.co.rs 

languages spoken: serbian and english 

efficient Local 

administration 

serbia’s main transport routes are in 

close proximity to aleksinac 

The municipality of Aleksinac is in Nišavski district, 

covers an area of 707 square kilometres and 

has a population of 57,749. Some 64% of the municipality’s 

territory is agricultural land, while 36% 

is hilly or mountainous. 

The country’s main transport routes are in close 

proximity to Aleksinac. These include the main 

north-south rail line and the E-75 (Corridor 10) 

motorway that leads to Southern Europe and the 

Middle East. Niš’s Constantine the Great airport is 

30 kilometres away. 

The municipality has implemented the programme 

of the ‘Strategic Plan for the Economic 

Development of the Municipality of Aleksinac’, 

which was funded through the EU’s exchange programme 

and administered via the European Agency 

for Reconstruction. 

The plan outlines the main activities to be undertaken 

to create positive conditions and to plan 

and implement the dynamic economic and social 

development of the municipality. 

The municipality’s vision is to become a community 

able to ensure a high quality life and prosperity 

for all citizens through economic development. 

The plan also calls for Aleksinac to become a 

contemporary European municipality by 2016, with 

developed entrepreneurship, economy and agriculture, 

high quality infrastructure, preserved nature, 

eradicated poverty, high employment figures, efficient 

local administration and richly preserved culture 

and tradition. 

In May 2007, the Royal Netherlands Embassy 

bestowed the title of “Environmental Ambassador” 

on Aleksinac. 

contact: ivan DimiĆ, municipal president 

knjaza miloša 169, 18220 aleksinac 

Tel: +381 (0) 18 809-001; 

fax: +381 (0) 18 804-107; 

email: predsednik@aleksinac.org; website: www.aleksinac.org; 


tourism huge 

potential 

aranđelovac’s famous bukovička 

mineral water is among the most 

highly valued amongst european and 

worldwide waters 

The city of Aranđelovac is the administrative 

seat of the municipality of the same name. 

Aranđelovac, city and borough, has an area of 376 

square kilometres. 

The city itself has a favourable location for 

transportation, with the M-4 A-road traversing the 

municipality and linking it to the Ibarska A-road 

and then on to the E-75 motorway (Pan-European 

Corridor 10). About 38% of the local economy is 

made up of the manufacturing industry, while agriculture, 

forestry and water management account 

for 20%. Aranđelovac’s famous Bukovička mineral 

water is among the most highly valued amongst 

European and worldwide waters. It has refreshing 

and beneficial effects on the body and a wide range 

of therapeutic and even preventative properties, if 

used regularly. 

Tourism has huge development potential in 

Aranđelovac, with the area currently only served by 

three hotels. There are also a large number of private 

accommodation options, numerous cafes and 

restaurants. The municipality has devised an urban 

plan for the development of industrial zones in the 

areas of Peštan and Kubršnica, as well as the city itself. 

A total area of 164.12 hectares has been earmarked 

for these zones. Keen to attract new investors, 

the local government is ready to provide full 

assistance to both foreign and domestic companies 

seeking to invest in Aranđelovac. 

All construction permits can be obtained within 

regular deadlines and with the full support of the 

municipality. 

contact vLaDa GaJiĆ, 

head of municipal administration 

venac slobode 10, 34300 aranđelovac 

Tel: +381 (0) 34 710 100; mob +381 (0) 64 8669 295 

email: soar@eunet.yu 



ariLJe BaBuŠnica BaJna BaŠta 

Dominant food 

processing 

raspberry growing in arilje is known 

worldwide and has a protected 

geographical status 

The municipality of Arilje is located in western 

Serbia. It covers an area of 349 square kilometres. 

In terms of the municipality’s transport capacities, 

there is the M21/1 regional road and the M21. The 

central Belgrade-Bar railway line runs through the 

municipality. 

Arilje’s economy is almost completely privatised. 

The dominant branches are agriculture and 

food processing, as well as the textile industry, 

wood and metal processing. Raspberry growing 

in Arilje is known worldwide and has a protected 

geographical status. Over 5,000 of these small 

production plants in the open produce over 20 

million kilograms of raspberries and provide considerable 

annual revenue. There are no large corporations 

here, ensuring the area is quite well 

adapted to market needs, while the ownership 

transformation of the state-owned sector has 

been completed and the unemployment rate is 

constantly falling. 

The existing spatial planning documentation 

shows two industrial zones. The land on which these 

zones are located is privately owned, though each 

zone is equipped with adequate infrastructure. 

The procedure for issuing permits is carried 

out in three stages. The first stage involves acquiring 

the act on spatial planning conditions. This 

stage lasts between 15 and 30 days. The second 

step is obtaining a building permit, which can be 

approved in a maximum of 15 days. The third step 

is registering construction works, which lasts up 

to three days. 

contact mirJana aLaKumoviĆ, 

municipality president 

milan petrović, coordinator of the office for local 

economic development, svetog ahilija 53, 31230 arilje 

Tel: +381-31-891-25; fax: +381-31-891-287 

email: arilje@arilje.org.rs; website: www.arilje.org.rs 

suitable for 

agricultural 

production 

The municipality of babušnica is 

suitable for a diverse range of 

agricultural production 

The municipality of Babušnica is situated in the 

Pirotski district and borders the municipalities of Pirot, 

Bela Palanka, Vlasotince and Crna Trava, as well as bordering 

the EU member state of Bulgaria to the east. 

The municipality has a population of just under 

16,000 and covers an area of 529 square kilometres. 

It is located on the M-9 regional road, which is 

linked to the E-75 motorway (pan-European Corridor 

10) and the E-80 motorway (direction of Eastern 

Europe). The municipality of Babušnica is suitable 

for a diverse range of agricultural production, while 

the area has an average of 78 head of cattle and 

184 sheep per 100 hectares of arable land. 

The municipality’s development strategy is 

mainly based on the further development of agriculture, 

primarily livestock breeding, crop farming, 

fruit growing and collecting medicinal herbs, as well 

as on constructing processing capacities (particularly 

for organic food). 

Cattle breeding is the dominant economic 

branch and, thus, is given priority. However, the 

municipal authorities will continue advancing dairy 

production, fruit growing, developing mini-orchards, 

crop farming, bee keeping, vegetable growing, organic 

food production, reclamation of pastures and 

meadows, construction of small nurseries, plantations 

and developing experimental land plots. 

Industrial technology currently used in the municipality 

is outdated, while privatised production 

facilities are almost non-operational and employ 

very few workers. 

contact ZLatKo aLeKsiĆ, 

municipality president 

saša stanković, deputy to the municipal 

president, ratka pavlovića 1, 18330 babušnica 

Tel: +381 10 685 112; fax: +381 10 685 191 

email: sobabusnica@ptt.rs; babusnica.opstinesrbije.com 

municipality 

on the river 

bajina bašta covers an area of 

19,175 hectares and boasts over a 

thousand species of plants 

Bajina Bašta lies on the River Drina in western 

Serbia, in an area of the Zlatibor district dominated 

by the majestic Mount Tara. Bajina Bašta’s 

673 square kilometres are home to some 29,000 

residents. 

Nowadays the region is the centre of forestry, 

hydro power plants and adventure tourism. 

The economy of Bajina Bašta is based on the 

Bajina Basta hydro-electric power plant. In addition 

to the hydro-electric plant, the metal industry is represented 

by IKL and GP Razvoj; there is also clothing 

production, as well as a number of micro-facilities 

for wood processing. The area surrounding the 

town of Bajina Bašta is home to orchards and fields 

of fruits and vegetables. 

The most profitable area for investment is in 

tourism. The Tara National Park can be reached 

directly from Bajina Bašta and it covers an area 

of 19,175 hectares and boasts over a thousand 

species of plants, as well as numerous reservoirs 

beside the rivers Drina and Tara. The park represents 

a huge opportunity and a very real challenge 

for the future development of the municipality. 

Lake Perucac on the river Drina and Lake 

Zaovine in Beli Rzav valley are perfect for water 

sports, the mountain slopes are good for winter 

sports, and a variety of game is available for 

hunting tourism. There are three tourist facilities 

with accommodation in the park, at Kaludjerske 

Bare there are two hotels, at Predov Krst there is 

a hunter’s lodge and at Mitrovac there is a children’s 

camp. 

contact miLoJe saviĆ, 

president of the municipality 

dušana visića 28, 31250 bajina bašta 

Tel: +381-31-865-280 fax: +381-865-282 

email: sobb@nadlanu.com; www.bajinabasta.rs 

language spoken: english 


BeLGraDe 

place Where roads meet 

with over 30% of the share in the national Gdp and total workforce, 

belgrade has a decisive influence on serbian economy 

DraGan ĐiLas 

mayor of belgrade 

“the city of the 

future in south-east 

europe” 

contact: 

dragoslava Jovanovića 2 

11000 beograd 

Tel: 011/ 3229 678 

fax: 011/ 3231 092 

website: www.beograd.rs 

Belgrade is Serbia’s capital city. It lies at the 

confluence of the Sava and Danube rivers. 

Due to its geographic position and the fact 

that it is surrounded by no less than three rivers, the 

city has often been called ‘The Gate of the Balkans’ 

or ‘The Door to Central Europe’. 

transPort routes 

The river Danube, a navigable corridor that 

links the countries in West and Central Europe to 

the continent’s south-east 

and east, is one of the rivers 

that runs through Belgrade. 

60 km of the river is actually 

in Belgrade, i.e. the river 

runs between Stari Banovci 

to Grocka. The second biggest 

river in Belgrade is the 

Sava. It runs for 30 km from 

Obrenovac to the confluence 

with the Danube. Belgrade’s 

river banks are 200 km long, 

while Ada Ciganlija, the Great 

War Island and Gročanska 

Ada are the three most popular 

river islands out of the 

16 in total. Following the construction of an artificial 

lake and the Đerdap power plant, Belgrade has virtually 

become a combined river/sea port. 

Ships from the Black Sea regularly use the Port 

of Belgrade, and following the opening of the Rhine- 

Main-Danube canal, Belgrade has become the centre 

of the most important waterway in Europe – the 

North Sea-Atlantic Ocean-Black Sea route. 

PoPuLatIon 

North of Belgrade there is the Pannonian Plain, 

while Šumadija is directly south from the Sava and 

Danube. These are two completely different geographic 

entities – the Pannonian Plain is covered in 

a sea of wheat and maize, while Šumadija is a more 

of a fruit and vine growing region. 

Belgrade covers an area of 322,268 hectares, 

with the inner city stretching across 35,996 hectares 

of land. The city is divided into 17 municipalities, 

with Palilula being the biggest and Vračar the smallest. 

According to the 2002 census, Belgrade and its 

belgrade owes its economic 

strength to 50,594 

companies and over 55,000 

enterpreneurs 

suburbs have 1.576.124 residents, while the metropolitan 

area has 1.273.651. Most people live in the 

municipality of Novi Beograd, which has 217,773 

inhabitants, while Sopot has the lowest number of 

residents – 20,390. 

For many people, the Serbian capital city is also 

the centre of South-east Europe. The city has significant 

economic potential with over 600,000 employees. 

Belgrade is the place where state bodies 

and institutions have their headquarters, and is also 

the tourist, commercial, 

industrial, transport, financial, 

cultural and educational 

centre of Serbia. 

economY 

Belgrade owes its economic 

strength to 50,594 

companies and over 55,000 

enterpreneurs. 

If we consider the main 

economic indicators, i.e. the 

total revenue and profit, industry, 

trade, financial and 

other services, transport, 

telecommunications and 

construction dominate the city’s economic structure. 

With over 30% of the share in the GDP and 

total workforce, Belgrade has a decisive influence 

on the Serbian economy. 

tourIsm 

In 2006, the Financial Times declared Belgrade 

‘The City of the Future’ in South-east Europe due to 

its exceptional possibilities for the development of 

tourism, geographic and strategic position, and developed 

infrastructure, rich cultural and historical 

heritage. Due to a developed road, railway and air 

transport that links it to the rest of the world, the 

number of tourists that frequent Belgrade has substantially 

gone up in the last few years. 

Today, Belgrade is a city with modern communications 

and a developed economy, as well as being 

the business headquarters for many global and 

European companies, banks, and financial institutions. 

It is as appealing to businesspersons as it is to 

the lovers of good food and fun. ■ 


BatoČina BeLa paLanKa BLace 

sme enterprises 

Dominates 

The municipal spatial plan envisages 

a total of four industrial zones 

The municipality of Batočina is located in the 

Šumadijsko-Pomoravski district and covers an area 

of 136 square kilometres. Batočina is 105 kilometres 

from Belgrade and is situated on the E-75 

Belgrade-Niš motorway, which is part of pan-European 

Corridor 10. 

Batočina is connected to Lapovo, Velika Plana 

and Jagodina via the R-214 regional road. There are 

also two very important regional railways running 

through the municipality: Belgrade-Niš-Skoplje and 

Lapovo-Kragujevac-Kraljevo. 

Small enterprises make up around 90% of all 

the companies here, while there are also four companies 

classified as medium and large. Most of the 

companies in Batočina are engaged in wholesale 

and retail trade, the processing industry, as well as 

agriculture and transportation 

In the production sector there are three companies 

producing plastic and rubber products. The municipality 

also has several textile and wood processing 

companies. 

The municipal spatial plan envisages a total of 

four industrial zones, which are located just below 

the M-11 regional road. Investors can invest in production 

capacities that are in line with the industrial 

zone’s purpose. 

The Brzan Industrial Zone covers an area of 

17ha. Aside from a strategically favourable position, 

the zone has a water supply system and a gas pipeline. 

A gas regulation station need only be built to 

complete the zone’s infrastructure. 

The municipality aims to provide all relevant logistics 

under its jurisdiction. 

environmentally 

friendly Zone 

agricultural production is mostly 

aimed at producing organic food 

(in accordance with stringent eu 

regulations) 

The municipality of Bela Palanka is situated 

in Pirot county. The municipality covers an area 

of 517 square kilometres and is located between 

Suva Planina (Dry Mountain) and Svrljiške Planine 

(Svrljig Mountain). Bela Palanka is located on the 

Niš-Bulgarian border infrastructure corridor. The 

Nišava is the major river running through the municipality. 

The municipality has two major springs – the 

Belopalanačko spring and Modro Oko (which is suitable 

for swimming). These are the biggest springs 

in eastern Serbia. There are also three thermo-mineral 

springs. 

Agriculture is the municipality’s leading economic 

branch. Agricultural production is mostly 

aimed at producing organic food (in accordance 

with stringent EU regulations). The municipality of 

Bela Palanka doesn’t have an industrial zone, but 

it did take part in a competition launched by the 

Office for Underdeveloped Municipalities and was 

granted funds to write documentation for a future 

industrial zone. 

The municipality has ore deposits suitable for 

producing specialised construction materials. It also 

has a spring called Banjica, which is located in 

Bela Palanka itself and offers great potential to establish 

a water factory. There is also potential to utilise 

renewable energy sources. The main advantages 

are the environmentally-friendly area, archaeological 

sites, waterways, medicinal herbs, pastures 

and a good microclimate. 

The deadline for issuing permits and relevant 

documentation is 30 days. 

focus on 

agriculture 

blace is proud of its private 

enterprise and local businesspeople 

who maintain a high quality and 

quantity of business operations 

The Municipality of Blace covers 306 square kilometres 

on the eastern slopes of Mount Kopaonik 

and the southern slopes of Mount Jastrebac. 

Although it is on the fringes of the country’s 

main transport corridors, Blace lies at the heart of 

the local and regional transport route offering a 

good transit position. 

The primary economic activity in the area is agriculture 

and Blace is well known for the production 

and processing of agricultural products. Blace has 

skilled labour, a good local road network (each village 

is asphalt road linked to the centre of the municipality), 

a good relationship with the large consumer 

centres, more than 6,500 hectares of orchards, 

of which 5000 hectares are plums, 700 hectares 

of cherries, 500 hectares of apple and pear, 

with a large number of trees of old varieties of apples 

and pears, and with 100 hectares berry fruit. 

Industrial production is not developed here. 

Blace is proud of its private enterprise and local 

businesspeople who maintain a high quality and 

quantity of business operations. The entrepreneurial 

spirit of businesspeople in Blace and the objective 

environment for doing business is helping to 

provide a solid base for more successful performances 

in the coming period. 

The Municipality of Blace is also aiming to become 

one of the rare Serbian municipalities that 

are practically free of state-owned companies, with 

the majority of local state-owned companies having 

been privatised in the past four years. 

contact: raDiŠa miLoŠeviĆ, 


aleksandar Jovanović, deputy municipal president 

kralja petra I 37, 34227 batočina 

Tel: +381(0)34/841-208; fax: +381(0)34/842-314 

email:aleksandar.jovanovic@sobatocina.org.rs 

contact: sonJa ĐorĐeviĆ, 

head of department of finance, budget and 

economic development, 28, karađorđeva, 

18310 bela palanka; Tel: +381-18-855-023; fax: 

+381-18-855-188; email: nacelnik.finansija@belapalanka.org.rs; 

website: www.belapalanka.org.rs 

contact neBoJŠa miLosavLJeviĆ, 

president of the municipality, nenad milivojević, 

deputy of the municipal president, 

karađorđeva 4, 18420 blace, 

Tel: +381 (0)27 / 371-110; fax: +381(0)27 / 371-138; 

email: blace@blace.org.rs; www.blace.org.rs 


BoGatiĆ BoJniK BoLJevac 

a special offer 

for investors 

bogatić is a little town and the 

municipality is located in the mačva 

district of serbia 

a healthy 

environment 

The municipality of bojnik is 

located in south-east serbia’s 

Jablanički county 

near the 

Bulgarian Border 

The municipality helps potential 

investors to secure all required 

documentation within the shortest 

possible timeframe 

Bogatić is a little town and the municipality is 

located in the Mačva District of Serbia. In 2002, 

the population of the town was 7,350, while the 

population of the municipality was 32,990. The 

Municipality of Bogatić covers an area of 384 square 

kilometres. 

It has developed agricultural production, cattle 

breeding and vegetable cultivation. It is more and 

more likely that Bogatić in Mačva will become the 

tourist centre of that part of Serbia. A number of 

companies have announced construction of a tourist-recreation 

complex for rest and recreation that 

will utilise the geothermal potential of this area. In 

addition, construction of greenhouses is also in the 

pipeline. The total surface of the complex is about 

20 hectares. 

The municipality has an industrial zone in the 

area of Dublje. The land here is state-owned, with 

the municipality being the beneficiary. 

The zone has a so-called work area, which is also 

a demonstration centre for the exploitation of 

geo-thermal waters. This means that any activity relating 

to the utilisation of geo-thermal energy for 

commercial purposes can be carried out here. 

The municipal authorities offer exceptionally 

low construction land fees and a location that 

possesses complete utility infrastructure. Bearing 

in mind that the urban planning act is regulated in 

detail, a would-be investor can obtain construction 

permits within legally defined deadlines, providing 

they have first applied for an excerpt from the urban 

planning act. 

contact raDenKo petriĆ, 

president of the municipality, dragan Grujuć, 

assistant to the municipality president 

1, m. vitomirovića, 15350 bogatić 

Tel: +381-15-786-126; fax: +381-15-786-174 

email: opstinabogatic@nadlanu.com; website: www.bogatic.rs 

The Municipality of Bojnik is located in southeast 

Serbia’s Jablanički County. It covers an area of 

264 square kilometres and has close to 15,000 inhabitants. 

The Bojnik municipality is surrounded by 

the municipality of Medveđa in the south-west, the 

municipality of Lebane in the south, the municipality 

of Leskovac in the east, and the municipalities of 

Žitorađa and Prokuplje in the north. Bojnik is 45 kilometres 

from Niš, and is linked to the E-75 (Corridor 

10) international motorway. 

The advantages offered by the Municipality of 

Bojnik include fertile arable land, water resources, 

and a preserved and natural potential suitable for 

the development of tourism and a healthy environment. 

When it comes to industrial branches, there 

are two cold storage plants and there is also the production 

of construction materials. 

Bojnik has an industrial zone that is partially 

equipped with infrastructure. As Bojnik is considered 

one of the 24 most underdeveloped municipalities, 

potential investors are entitled to apply 

for loans from the Ministry of the Economy 

and Regional Development under very favourable 

conditions. 

The industrial branches that are most suitable 

for investments are food processing, the exploitation 

of raw materials, tourist capacities, and water 

resources. The most important investors in the municipality 

are the cold storage plants in Bojnik, SBB 

Produkt – Beograd and cold storage plants Jugovoće 

in Donji Konjuvac. 

contact neBoJŠa nenaDoviĆ, 

president of the municipality; 

Trg slobode 1, 16205 bojnik, 

Tel: +381-16-821-214, extension 115, 

fax: +381-16-821-174 

email: office@bojnik.org.rs; language spoken: english 

Boljevac is a town and municipality located in 

the Zaječar District of Serbia. Boljevac municipality 

covers an area of 827 square kilometres. Some 46% 

of the municipality’s territory is covered by agricultural 

land, while 51% is forestland. The M5 regional 

road runs through the municipality and connects the 

municipality to Corridor 10 and the Bulgarian border. 

The climate and land are perfect for developing 

agricultural production (cattle breeding, growing 

medicinal herbs, fruit and vegetable cultivation). 

The municipality has two industrial zones that 

cover an area of close to 50 hectares and the municipal 

authorities are currently working on providing 

adequate infrastructure. One company is already 

using the industrial zone for the production of industrial 

charcoal. 

Aside from natural resources, the Boljevac municipal 

assembly has decided to exempt investors 

from paying municipal fees - on the basis of the 

number of workers they employ. Furthermore, the 

municipality has several other locations to offer in 

addition to the aforementioned industrial zones. 

Investment recommendations from the municipality 

include investment in production activities in existing 

facilities, such as the trout fish farm in Jablanica, 

the sheep and goat farm in Podgorac and the bullock 

farm in Sumrakovac, etc. 

In line with its jurisdiction and legal authority, 

the municipality helps potential investors to secure 

all required documentation within the shortest possible 

timeframe. 

contact Dr neBoJŠa marJanoviĆ, 

president of the municipality, slađan Đimiš, head 

of the department of economic development and 

agriculture, kralja aleksandra 24, 19370 boljevac 

Tel: +381-30-63-412; fax: +381-30-63-620 

privreda@opstinaboljevac.rs; website: www.boljevac.org.rs 


Bor BosiLeGraD Brus 

metal and 

mining industry 

The diverse local economy consists 

of 482 companies and about 850 

micro-firms 

rich ore 

Deposits 

The municipality of bosilegrad is 

situated in the very south-east 

of serbia 

focus on tourism 

and agriculture 

The area’s main economic branches 

are tourism and agriculture, with the 

kopaonik mountain resort covering 

70% of the municipality’s territory 

The city and municipality of Bor consists of a 

central urban settlement and 12 satellite villages, 

with a total of 55,817 inhabitants (according to the 

last census of 2002), and covers an area of 856km2 

in the Borsko District. 

The diverse local economy consists of 482 companies 

and about 850 micro-firms, mostly operating 

in trade, processing or services. Bor’s economic 

structure shows the processing industry (27%) and 

trade (25%) as the top sectors, followed by agriculture 

(14%), transport and communications (14%) 

and other activities (20%). 

Regardless of the apparent diversity, Bor’s economic 

activities are dominated by the metal and 

mining industry, with the RTB Bor mining basin 

contributing massively to the overall GDP and employing 

almost 25% of the municipality’s active 

workforce. 

The Municipality of Bor is now implementing 

intensive measures to create conditions for 

the development of industry and business, such 

as the establishment of industrial zones and the 

creation of favourable conditions for the development 

of private SMEs; organising and pooling 

individual agricultural producers and identifying 

natural values and cultural and historic offers, as 

well as better organising the capacity for tourist 

accommodation. 

Bor is among Serbia’s most developed local 

economies: a dominant industry within the structure 

of the municipality, highly developed infrastructure 

and other factors all aid Bor’s future development. 

contact LJuBinKa JeLiĆ, 

head of the municipal administration 

moše pijade 3, 19210 bor 

Tel: +381(0)30/423-980; fax: +381(0)30/427-310 

email: sobor@opstinabor.rs; www.opstinabor.rs 

languages spoken: serbian, english 

The Municipality of Bosilegrad is situated in 

the very south-east of Serbia, some 400 kilometres 

from Belgrade and 132 kilometres from Sofia. 

The municipality is connected to neighbouring regions 

via the Bosilegrad-Vlasina regional road and 

further by the road leading to Vladičin Han, which 

is some 70 kilometres away and is bisected by a 

railway line. The Ribarci border crossing (Serbia- 

Bulgaria) is located in the municipality, 10 kilometres 

from the town of Bosilegrad. The municipal authorities 

are also currently working on restoring 

the functionality of the Kriva Palanka border crossing 

with Macedonia. 

In terms of natural resources, the municipality 

has substantial ore deposits, while a total of 

28% of Bosilegrad’s territory consists of forests. 

There are also several potential tourist locations, 

including Lisinsko Lake, several hamlets, ethnocentres, 

health and spa locations and hunting and 

fishing grounds. 

The municipality is currently able to offer potential 

investors land in the Rasadnik residential/ 

business zone, which stretches across 6,640 square 

metres and is owned by the municipality. This zone 

boasts adequate infrastructure. 

There is also a former fruit and vegetable drying 

facility, which used to comprise part of the Zdravlje 

pharmaceutical company from Leskovac and is now 

owned by the municipality, and also a former sock 

factory and electronic industry facility. 

These facilities all offer relevant infrastructure. 

contact vLaDimir ZahariJev, 

president of the municipality, Tel: +381-17- 

878-845; Živko stoilkov, independent expert 

associate for urban planning, 17540 bosilegrad 

Tel: +381-17-877-006; fax: +381-17-877-167 

email: z.stoilkov@gmail.com; website: www.bosilegrad.rs 

Brus is a town and municipality located in the 

Rasina District. It covers an area of 606 square kilometres. 

Belgrade is 234 kilometres away. 

The area’s main economic branches are tourism 

and agriculture, with the Kopaonik Mountain 

resort covering 70% of the municipality’s territory. 

Well-developed facilities for tourists are located 

at the Kopaonik ski resort, including an information 

centre in the resort village. Kopaonik lies near 

the main transportation routes in Serbia. The closest 

airport is in Nis. 

The municipality boasts the Jug (south) industrial 

zone, which houses six factories employing close 

to 1,500 workers. The zone has adequate infrastructure 

and utility facilities. 

The Municipality of Brus offers potential investors 

all the available capacities for obtaining relevant 

documentation. Also, dependant on how big an 

investment is the municipality will also accommodate 

investors by offering favourable payment conditions, 

such as payments in instalments. 

The municipal authorities are keen to assist potential 

investors obtain the required permits in the 

most efficient manner and the shortest possible time. 

Belgian company Vision Europe is the leading 

investor in Brus, with an investment worth €150 million. 

There are also companies like Leemans Marie 

Jean, which owns two hotels in Brzeć, and Greek 

company Otway, which is also based in Brzeć. 

In terms of domestic companies, the biggest 

investors are Gemax, WEG, Goran Vujović, Dejzor 

and others. 

contact Zoran ŠLJiviĆ, 

president of the municipality, zoran mirković, 

deputy to the municipality president, 

kralja petra I/120, 37220 brus 

Tel: +381-37-826-840; fax: +381-37-826-966 

email: predopstinebrus@nadlanu.com 


BuJanovac crna trava ČaČaK 

Great Business 

environment 

The city is also located close to three 

international airports 

flourished and 

unspoilt nature 

crna Trava has two 

primary resources: people and 


tradition of 

agriculture and 

industry 

The town of Čačak is located in the 

heart of central serbia 

The city of Bujanovac is located in the centre 

of traffic routes, next to a main road and railroad 

line, and part of international Corridor E10. 

The city is also located close to three international 

airports. The border crossing with Macedonia, 

Cukarka, is 23 km from the city. The territory of 

Bujanovac municipality occupies an area of 461 


This part of the country is blessed by natural 

beauty, mineral treasures and tourist attractions. 

In the territory of Bujanovac municipality, 

under the protection of the state, is the natural 

resource of great importance ‘Dolina Pcinje’ 

(Pcinje Valley), which is under the second category 

of protection. 

Bujanovac municipality is rich with mineral and 

thermal springs of the sodium bicarbonate type. The 

thermal waters in Bujanovac are an important incentive 

for the development of spa tourism. 

One industrial and one production business 

zone exist in the Bujanovac municipality. The industrial 

zone occupies an area of 60 hectares. The production 

business zone occupies an area of 72 hectares 

and has electrical power.. 

The reduction of the amount invested in infrastructure 

is prescribed, if the investor uses their 

funds to carry out construction work in connection 

with community infrastructure. On June 8th, 2010, 

Bujanovac municipality became one of the certified 

municipalities of the National Alliance for Local 

Economic Development, as a municipality with a favourable 

business environment. 

contact faZiLa aZemoviĆ, 

manager of the office for local economic 

development, karađorđa petrovića 115, 

17520 bujanovac 

Tel: +381-17-654-517; fax: +381-17-654-517 

email: kler-bujanovac@hotmail.com 

Crna Trava is a village and municipality located 

in the Jablanica District of Serbia. The Municipality 

of Crna Trava occupies an area of 312 square kilometres 

and comprises 25 settlements with a total 

population of 2569 inhabitants. A sufferer of mass 

outward migration, just 20 years ago the municipality 

had a population of 20,000. 

Crna Trava borders the municipalities of 

Vlasotince to the north/north-west, Leskovac to 

the west, Surdulica to the south/south-east and 

Babušnica to the north-east. Crna Trava borders EU 

member Bulgaria to the east. 

Crna Trava is one of the poorest municipalities 

in Serbia. There is almost no business or company 

operating successfully here, which ensures that 

outward migration is still an issue. 

The most famous company originating from the 

municipality is construction company Crnotravac, 

which now has its head office in Belgrade and not 

Crna Trava. 

Despite the assistance Crna Trava has been 

afforded by the international community and the 

government of Serbia, it has been insufficient to 

raise the municipality to the level of the developed 

municipalities of Serbia. 

Crna Trava has two primary resources: people 

and unspoilt nature. Over the years, the municipality 

has lost the people, but the natural resources remain 

and have flourished. The area’s acidic but fertile 

soil, at an altitude of 1,380 metres above sea 

level, was identified as an optimum area for the 

cultivation of blueberries. 

contact sLavoLJuB BLaGoJeviĆ, 

president of the municipality, vatroslav slavković, 

assistant of the municipality president 

16215 crna Trava 

Tel: +381 016 811 118; fax: +381 016 811 118 

email: officeledctrava@neobee.net 

The town of Čačak is located in the heart of 

Central Serbia, in Moravički County. The town covers 

an area of 636 square kilometres. Čačak is 

144 kilometres from Belgrade, and these two cities 

are connected via the M-22 road. The closest 

port is in Belgrade which is a distance of 150 kilometres. 

A section of the Belgrade-Niš-Sofia railway 

runs through the town, as do the Belgrade-Bar and 

Stalać-Požega railway lines. 

Čačak’s economy is very diverse. When it 

comes to the economy’s structure, the biggest 

economy sectors are the agriculture industry, retail 

and service sectors. In addition to agricultural 

production, Čačak is known for its paper industry, 

production of domestic appliances, cutting 

tools, chemical processing, manufacturing 

thermal appliances, as well as products made of 

timber, metal and combined materials, and timber 

and agricultural processing. Of Čačak’s territory, 

68.5% is covered in arable land. A favourable 

geographic position, numerous sunny days 

and a fertile valley in the locality of West Morava 

have helped agriculture and rural tourism to develop 

in this area. 

The town of Čačak has an industrial zone, which 

stretches along the right bank of the West Morava 

River. The current industrial zone is fully equipped 

in terms of energy, transport and communication infrastructure. 

Potential industrial zones located in urban 

and rural areas are divided into locations suitable 

for greenfield investments and brownfield investments. 

contact vLaJisav papiĆ, 

head of the local economic development office 

Župana stracimira 2, 32000, Čačak 

Tel: +381 (0)32 309 019; fax: +381 (0)32 343 701 

e-mail: socacak@eunet.rs; website: www.cacak.org.rs 

languages spoken: english, German and slovakian 


favourable 

Geographic 

position 

ČaJetina ĆupriJa ĆiĆevac 

Čajetina’s main economic branches 

are tourism, agriculture, textiles, 

metal and wood processing 

two industrial 

Zones 

The advantages offered by the 

municipality of bojnik include fertile 

arable land, water resources, and a 

preserved and natural potential 

effective 

Governance 

The municipality of Ćićevac is no 

longer in the group of the 40 most 

underdeveloped municipalities 

The municipality of Čajetina is situated in southwestern 

Serbia and covers an area of 647 square 

kilometres. The municipality has a favourable geographical 

position and is traversed by regional roads 

leading to Montenegro and BiH. 

Čajetina’s main economic branches are tourism, 

agriculture, textiles, metal and wood processing. 

Mount Zlatibor represents the tourism centre 

of the municipality. There is an open air museum 

called Staro Selo (Old Village) in Sirogojno, a waterfall 

in Gostilje, monasteries in Uvac and Dubrava, a 

gallery on the Borova Glava and in Trnava, the Tornik 

ski centre and the Obudovica ski slope. Agricultural 

land makes up some 56% of the municipality’s territory. 

The most developed agricultural branches are 

cattle breeding and fruit cultivation. 

The most profitable area for investment is in 

tourism, including the building of tourist capacities 

and the development of recreational activities, as 

well as in the processing industry, primarily meat 

and dairy production, which both have a long tradition 

in this area. Potential investors are offered incentives, 

such as reduced utility taxes and the expedited 

issuing of relevant permits. 

The municipality is ready to assist investors in 

every way possible to secure the best conditions for 

the implementation of an investment, depending on 

the complexity of an investment and business activity, 

as well as the investor’s willingness to implement 

the project as soon as possible. 

contact miLan stamatoviĆ, 

president of the municipality, bojana božanić, 

assistant to the municipality, president for the 

economic development, 28, zlatiborska, 31310 Čajetina 

Tel: +381-31-831-367; fax: +381-31-831- 447 

e-mail: cajetina@gmail.com; website: www.cajetina.org.rs 

Ćuprija is located at the very heart of the 

Pomoravlje region and is 150 kilometres from 

Belgrade. The municipality covers an area of 287 

square kilometres and has close to 40,000 inhabitants 

in 17 towns and villages. Ćuprija is located 

near to Corridor 10, which links the municipality to 

Austria, Hungary, Greece and Bulgaria. The international 

railway lines of Budapest – Thessaloniki and 

Budapest - Sofia traverse the municipality. 

The dominant economic components of the municipality 

include wholesale and retail, the processing 

industry, transport, storage, communication and 

real estate. 

There is also significant forestry potential. 

Total arable land in the municipality covers an 

area of 29,000 hectares which is mainly used for 

agricultural production, while the remainder is covered 

in orchards and vineyards. The potential for 

tourism is untapped; however there are a number of 

traditional cultural and sporting events. 

The Municipality of Ćuprija has two industrial 

zones (1 and 2), though both currently lack adequate 

infrastructure. Industrial Zone 1 stretches across 80 

hectares. It is in close proximity to the E-75 motorway. 

Industrial Zone 2 covers 165 hectares. 

The municipal authorities have adopted a detailed 

regulation plan for the Dobričevo - Batinac industrial 

zone, while the municipality has also decided 

to exempt any investor hiring over 50 workers 

from paying a construction land development fee. 

contact BorivoJe KaLaBa, 

president of the municipality, 

Tel: +381-35-470-248, ext. 102; 

13.oktobra 7, 35230 Ćuprija 

email: info@cuprija.rs; website: www.cuprija.rs 

languages: serbian, english, french, German, Italian & russian 

Ćićevac is a town and municipality located 

in the Rasina District of Serbia. The municipality 

of Ćićevac lies in central Serbia on the 

confluence of the south and west Morava rivers. 

It is surrounded by the Mojsinjske mountains 

and two very important transport corridors 

- the Belgrade-Niš railway and the Belgrade-Niš 

Corridor 10 motorway - passing through the municipality. 

The Pojate - Kruševac regional road also 

runs through the town of Ćićevac. 

The dominant economic branches are wood 

processing, production of construction materials, retail, 

catering, agriculture and transportation. 

As of this year, the municipality of Ćićevac is no 

longer in the group of the 40 underdeveloped municipalities. 

In addition to the proximity to the highway, 

railway and river flows, it has contributed to 

the privatisation of two collectives in Stalac, which 

are ranked among the best in the country. 

The Pojate Industrial Zone (Location 1) covers 

an area of 2.18 hectares and is located directly beside 

pan-European Corridor 10. Location 2 stretches 

across 27 hectares of land and is in the vicinity of 

the E-75 motorway, the M-5 regional road and the 

future E-761 motorway. 

The industrial zone has adequate infrastructure. 

Municipal authorities will assign construction 

land free of charge, providing that certain 

prerequisites have been met. Permits are issued 

within three days of the submission of relevant 

documentation. 

contact ZLatan KrKiĆ, 

president of the municipality, dragana radosavljević, 

head of the municipality president’s office 

karađorđeva 106, 37210 Ćićevac 

Tel: +381-37-811-260,fax: +381-37-811-260 

email: kabinetcicevac@gmail.com 


Despotovac DimitrovGraD DoLJevac 

underground 

investment 

beljanica mountain, the 

only limestone mountain in 

eastern serbia 

The municipality of Despotovac is located in the 

Pomoravlje district. Despotovac and covers an area 

of 623 square kilometres, it is also well connected 

to neighbouring municipalities and is also in the vicinity 

of pan-European Transport Corridor 10. 

The town of Despotovac is around 130 kilometres 

from Belgrade and 140 kilometres from Niš. 

There is also the Markovac-Svilajnac-Despotovac- 

Resavica railway line, which is 42 kilometres long. 

The territory of the municipality of Despotovac 

is ideal for agricultural production, which is the 

dominant economic branch here alongside mining 

and forestry. The exceptional geo-morphological 

composition of the land, coupled with a favourable 

climate, provides a solid basis for the further development 

of agriculture and the municipality’s numerous 

settlements. 

The municipality recommends that investors 

consider the following branches: mining, forestry, 

agriculture and tourism. 

Beljanica mountain, the only limestone mountain 

in eastern Serbia, boasts an attractive landscape 

and hydrology potential, highlands with possible ski 

resort locations, as well as many waterfalls. 

The tourist destination of Resavska Cave offers 

an insight into the underground world and depicts a 

history of prehistoric human settlements in this part 

of Europe. Two kilometres northwest of Despotovac 

lies the Manasija Monastery. 

It takes up to 30 days for the municipal authorities 

to issue an investor with all the required permits 

and documentation. 

contact maLiŠa aLimpiJeviĆ, 

president of the municipality, danilo nikolić, 

assistant to the municipal president for economic 

development, Tel: +381-35-611-117 

fax: +381-35-613-606 

email: danilon@ptt.rs; language spoken: english 

major transport 

route 

Two routes of international 

importance run through the town 

Dimitrovgrad is a town and municipality covering 

483 square kilometres in the extreme southeast 

of Serbia, in the Pirotski district. It is only 20 kilometres 

from Pirot, 90 kilometres from Niš, and 65 kilometres 

from Sofia. 

Two routes of international importance run 

through the town: the international arm of the 

pan-European Corridor 10 and the rail line Niš - 

Dimitrovgrad - Sofia. This is the main transport route 

inking Europe and the Asian continent, while the 

Gradina border crossing with Bulgaria is just five kilometres 

from Dimitrovgrad. 

The main economy sectors are the production 

of ready-made animal fodder, bakeries, clothing, 

manufacturing, finishing and fur dying, manufacture 

of leather, footwear, paper and cardboard, packaging 

products from rubber, metal products and the 

production of television and radio transmitters. 

Projects for the construction of infrastructure, 

including water and sewage, have been designed, 

while the site has also been divided into plots. The 

municipal authorities have also initiated the procedure 

of compiling a detailed regulation plan for the 

complex industrial zone Beleš, to cover a surface area 

of 5.95 hectares. 

The area is also rich in mineral and thermal 

springs and a spa that has been renowned since ancient 

times and offers excellent opportunities for 

the further development of transit tourism, particularly 

with sites like the Monastery of St. Jovan 

Bogoslov (a World Heritage site) and the Roman 

Zvonačka Spa. 

contact Dr veseLin veLiČKov, 


balkanska 2, 18320 dimitrovgrad 

Tel: +381 10 361 100; fax. +381 10 361 110 

email: sodimitrovgrad@yahoo.com; www.dimitrovgrad.rs 

languages spoken: serbian, english and bulgarian 

Low 

construction 

Land fees 

doljevac offers an environment with 

very favourable traffic connections 

and a good geographical location 

The municipality of Doljevac is located in 

south-eastern Serbia in the extreme north of the 

Leskovačka Valley in the Nišava district. Doljevac 

municipality covers an area of 121 square kilometres. 

Doljevac offers an environment with very 

favourable traffic connections and a good geographical 

location. Through the central part of the 

municipality, from the north to the south, passes 

the main railway line and highway Belgrade-Nis- 

Thessaloniki-Athens, and these links directly connect 

with the network of international traffic. 

The municipality’s dominant economic 

branch is agriculture. 

The Doljevac industrial zone is located along 

Corridor 10 and regional roads R-245 (leading to 

Prokuplje) and R-214 (Niš-Leskovac). The zone is 

just a few hundred metres from the customs office 

in Doljevac and 20 kilometres from the Niš 

airport. It boasts complete infrastructure. The 

municipality has very low construction land fees 

and a 50% lower tax rate. There are also exemptions 

from paying land fees for substantial investments 

creating a significant number of jobs 

in the municipality. 

In cases of major commercial construction 

endeavours requiring a defined urban planning 

project, the municipal authorities can expedite 

the work of the relevant commissions. 

The biggest greenfield investment here to 

date has been worth €10 million and was made 

by Forest Enterprises. 

contact Goran LJuBiĆ, 


kralja aleksandra bb, 18255 pukovac 

Tel: +381-18-810-054; fax: +381-18-810-055 

email: jocapesic@gmail.com; website: www.sodoljevac.co.rs 



Berry ideal 

conditions 

GaDŽin han GoLuBac GornJi miLanovac 

according to the quality of soil and 

climatic conditions, this area is 

suitable for cultivating strawberries, 

raspberries, blackberries and cherries 

Gadžin Han covers an area of 325 square kilometres 

in the Nišavski district of southern Serbia. 

Arable fields and gardens occupy over half of all 

land; pastureland covers 27% of the territory, while 

the remaining land boasts vineyards, orchards and 

meadows. Around 84% of the municipality’s land is 

privately owned. 

According to the quality of soil and climatic conditions, 

this area is suitable for cultivating strawberries, 

raspberries, blackberries and cherries; corn and 

tobacco. It also offers ample opportunity for the development 

of cattle breeding, with 37.2% of the total 

agricultural land covered by meadows and pastures. 

Suva Planina has the largest number of sheep 

in Serbia and the majority of the mountain belongs 

to Gadžin Han municipality. 

Significant reserves of mineral raw materials 

have been found on the territory of the municipality. 

These include calcite ores (99.7% purity and 

98% whiteness) with established reserves of 1.6 

million tonnes or 36 years of exploitation. There is 

also granite, with sufficient reserves for 30 years of 

exploitation. 

The area is heavily forested, with woodland - 

predominantly beech forests - covering 11,691 hectares 

(33.4% of the territory). 

Municipal development potential will be realised 

through the creation of industrial zones in 

Gadžin Han. The local master plan envisages an area 

of 10 hectares for industrial zones on a site located 

only 18 kilometres from Nis and the E-75 and 

E-80 motorways. 

contact saŠa ĐorĐeviĆ, 


miloša obilića bb, 18240 Gadžin han 

Tel: +381-18-860-112;fax: +381-18-541-143 

email: info@gadzinhan.rs; website: www.gadzinhan.rs 


potential river 

tourism 

Golubac is located in the area where 

the danube is the widest 

The town and municipality of Golubac are located 

in eastern Serbia on the right bank of the River 

Danube. It covers an area of 368 square kilometres. 

Golubac is 130 kilometres from Belgrade via 

the M25.1 regional road (Belgrade-Kladovo), which 

is the most important transport route in the municipality 

(the so-called Đerdapska highway). The River 

Danube is the main waterway in the area and the 

great river is at its widest in the Golubac region (five 

to six kilometres from bank to bank). 

Golubac is located in the area where the 

Danube is the widest. In order for river tourism to 

develop further here, river banks and harbours require 

development. Plans are in place to construct a 

marina in Golubac that will be in line with relevant 

European standards. 

Here one will find the largest national park in 

Serbia. 

Agriculture and the processing industry represent 

the dominant economic branches in Golubac. 

The municipality has assigned a site near the M.25.1 

regional road to be used as an industrial zone. 

Water, electricity and sewage systems are all nearby, 

while a fibre optic cable is currently being laid. 

The local authorities recommend stone, wood, fruit 

and vegetable processing as the branches of most 

appeal to investors. 

The biggest investor in the municipality to date 

is Rino Tuttobene from Belgium. 

The municipality offers reduced land development 

and land utilisation fees, while the deadline 

for issuing relevant permits is two to three days. 

contact Dr neBoJŠa miJoviĆ, 

municipal president, saša bogićević, head of the 

office of economic development 

cara lazara 15, 12223 Golubac 

Tel: +381(0)64/85-89-323; fax: +381 012/678-426 

email: office@golubac.org.rs; website: www.golubac.rs 

Developed 

industrial 

centre 

The municipality of Gornji milanovac 

is one of the most developed 

industrial centres in serbia 

The municipality of Gornji Milanovac is located 

in western Serbia. Covering part of southwest 

Šumadija and bordering the Gruž and Pomoravlje 

regions, Gornji Milanovac’s municipal area of 836 

square kilometres includes the vast mountains 

Rudnik, Suvobora and Maljen. 

The municipality has two urban settlements 

(Gornji Milanovac and Rudnik) and 61 rural settlements, 

with a total population of 47,641. The highest 

populated boroughs are Koštunica and Pranjani, 

while the smallest are Vraćevšnica and Gornji 

Milanovac. The municipality belongs to the Morava 

district. 

Gornji Milanovac is passed by the national 

Ibarska highway, which connects Belgrade (122 kilometres 

away) to Čačak, Užice and Zlatibor - in Serbia 

- and with Montenegro’s Adriatic coast. 

This strategic road also links Gornji Milanovac 

to famous nearby spas (Mataruška Spa, Vrnjacka 

Spa and Ribarska Spa), mountain ski centres (Goc, 

Kopaonik and Jastrebac), cultural and historic monuments 

(Stenica, Ziča, Ljubostina and Lazarica), as 

well as the towns of Trstenik and Krusevac, which 

is linked to Corridor 10 highway Belgrade - Nis - 

Skopje - Đevđelija – Thessaloniki- Athens. 

The municipality of Gornji Milanovac is one of 

the most developed industrial centres in Serbia. 

There are two developed and well-located industrial 

areas. The main companies in Gornji Milanovac 

are confectioner and soft drink producer Swisslion 

Takovo and cookware manufacturer Matalac. 

contact DraŽimir marusiĆ, 


Takovska 2, 32300 Gornji milanovac 

Tel. +381 (0) 32 720 282; fax. +381 (0) 32 720 280 

email: predsednik@gornjimilanovac.rs 

www.gornjimilanovac.org.rs 


ivanJica JaGoDina KLaDovo 

five Day 

Building permit 

The most important foreign trade 

partners of the municipality are 

spain, syria and Italy 

town of the 

future 

since 2004 Jagodina has become 

one of the leading serbian towns 

a Border 

municipality 

The municipality is connected to the 

danube in regards to transport and 

the economy 

The municipality of Ivanjica is situated in an area 

of southwest Serbia known as the Starovlaško- 

Raška Plateau. The municipality stretches across 

1,090 square kilometres of arable and woodland, 

making it the sixth largest municipality in Serbia. 

Ivanjica encompasses 48 towns and villages, 42 

boroughs and 18 local communities, it is 224 kilometres 

from Belgrade. 

The economy of Ivanjica municipality is typified 

by the processing industry, lumber processing, 

the production of textile products and production 

of raspberries and potatoes. Private property participates 

with 64% in the realisation of national 

income, while public and state properties participate 

with 27%. 

The coverage by imports and exports is 92%. 

The most important foreign trade partners of the 

municipality are Spain, Syria and Italy, followed by 

Montenegro, Bosnia and Herzegovina and Germany. 

The majority of imports are from Hungary, Austria, 

Italy and Czech Republic. 98.41% of Ivanjica municipality’s 

exports, and 94.8% of its imports, are 

related to the European Union and the former 

Yugoslav republics. 

The Ivanjica industrial zone has been regulated 

by the General Spatial Plan and will be located 

between Senjak and Bukovica. All that remains 

to be resolved is the ownership rights of certain 

land plots. 

An investor can obtain a building permit in five 

days, providing all relevant documentation has been 

submitted. 

contact raDomir ristiĆ, 


milomir zorić, deputy to the municipal president 

venjamina marinkovića 1, 32250 Ivanjica 

Tel: +381 32 661 444; mob: +381 64 88 99 450 

email: soivanjica@sezampro.yu; www.ivanjica.rs 

The town of Jagodina is situated in Central 

Serbia, 136 kilometres from Belgrade and 100 kilometres 

north of Niš. The Corridor X runs straight 

through Jagodina, as does the electric double-track 

railway which connects Central to South Europe and 

further on to Asia. The population here stands at 

close to 83,000. 

In addition to its cable factory, Jagodina is also 

known for being home to one of the oldest 

Balkan breweries, Jagodinska Pivara (The Jagodinska 

Brewery). 

An industrial zone covering 150 hectares of 

land is currently being built, it’s plots will include 

full infrastructure. In addition to this, local authorities 

have provided a location for yet another industrial 

zone, stretching across 14.6 hectares. 

Since 2004 Jagodina has become one of the 

leading Serbian towns in social, infrastructure, investment, 

tourism, cultural and sports development. 

In 2009 the Business Journalist Club declared 

Jagodina ‘The Town of the Future’. Jagodina has a 

wonderful zoo called ‘The Tiger’, which is the only 

zoo south of Belgrade, as well as a water park 

and a wax figure museum, which is the only one in 

Serbia. By creating these unique tourist attractions, 

Jagodina has become one of the leading tourist 

centres in Serbia. In March 2010 this year, the town 

was again awarded by the Business Journalist Club, 

with ‘The Crystal Prism’, for being ‘The Town of the 

Future’ in the area of tourism development. In 2009 

over 200,000 tourists from Serbia and abroad visited 

the Jagodina water park. 

contact DraGan marKoviĆ, 

mayor kralja petra 6, 35000 Jagodina 

Tel/fax: +381-35-221-220 

email: sojagodina@gmail.com 

website: www.jagodina.org.rs 


The municipality of Kladovo is located in the far 

northeast of Serbia. It occupies an area of around 

630 square kilometres, and is one of the smaller 

municipalities in Serbia. It borders the municipalities 

of Negotin and Majdanpek, while the Danube 

represents its border with Romania and Europe. The 

municipality is connected to the Danube in regards 

to transport and the economy, with its sailing, fishing, 

touristic, hydro-energetic potential and other 

areas. Its position on the Danube, facing Romania 

and close to Bulgaria, both of them EU members, is a 

distinct advantage of the Kladovo municipality. 

The economy of the municipality of Kladovo 

primarily consists of: industry, agriculture, tourism 

and catering, along with other economic branches. 

The most important industrial entity in the area is 

the hydro-electrical power in Djerdap I, which is the 

largest water power plant in the country, and one 

of the largest in Europe and the world. Tourism is 

a branch of the economy which needs to be developed 

even further. 

The municipality has several industrial zones, 

which are well equipped, as well as plans for a new 

one. The Electrical Power Industry of Serbia and other 

domestic but also foreign (Dutch and Romanian) 

businesses have invested into these zones so far. 

New investors are able to receive many benefits, 

especially for ecologically clean programs and 

employment on a large scale. Reductions are also 

planned for investors employing a small or larger 

numbers of employees. 

contact DimitriJe sinGuriLoviĆ, 

manager of the department for the economy and 

social activities, kralja aleksandra 35, 19320 

kladovo, Tel. +381-19-801-450, fax +381-19-801-563 

email: mitaplaninar@kladovonet.com 

languages spoken: all – expert translators available 


ideal for 

organic food 

KniĆ KnJaŽevac KoceLJeva 

The municipality’s most abundant 

natural resources include arable 

land, raw minerals, water potential 

and favourable conditions 

potential for 

tourism 

The entire area is exceptionally 

suitable for the development of 

agriculture, as well as rural, spa and 

mountain tourism 

assistance and 

support 

The municipal authorities 

guarantee the issuance of relevant 

permits and approvals in the 

shortest possible time 

The municipality of Knić, located in the Šumadija 

district, covers 413 square kilometres and is also located 

along the Belgrade-Kraljevo-Skoplje railway 

corridor. It is linked to the E-75 motorway and the 

Ibarska regional road via the M-23 and M-23.1, as 

well as the R-212 and R-212a roads. 

The municipality’s most abundant natural resources 

include arable land, raw minerals, water potential 

and favourable conditions for the development 

of tourism. 

Investors are advised to invest in agricultural 

processing systems, that is the processing of 

animal and vegetable raw materials, dairy products, 

fruit and vegetable drying facilities, cheese 

production, meat, fruit and vegetable processing, 

bread making and confectionary production. Knić 

offers almost ideal conditions for the production of 

organic food, in a clean environment, as well as excellent 

potential for the development of rural, agro 

and eco tourism. 

The municipality’s industrial zone stretches 

across 40 hectares of land and is complete with the 

required infrastructure. Land in the industrial zone 

is not owned by the municipality, and only 10% of 

the zone is currently occupied. 

There is a seven-day deadline for processing a 

request for the issuance of the urban planning act, 

an excerpt from the urban planning document and 

registration of construction works, while a construction 

permit is issued over a period ranging from one 

month up to six months. Up to a month is required 

to obtain an operating licence. 

contact BorisLav Busarac, 

president of the municipality, snežana Đokić, 

assistant to the municipal president, 34 240 knić 

Tel: +381-34-511-999; fax: +381-34-510-113 

email: snezana.bankovic@knic.rs 


The municipality of Knjaževac is located in 

Eastern Serbia, near the Bulgarian border. It stretches 

across 1,202 square kilometres and has 37,172 

inhabitants. The most important economic branches 

here are the textile industry, food processing, footwear 

production, and timber and metal processing. 

The entire area is exceptionally suitable for the development 

of agriculture, as well as rural, spa and 

mountain tourism. 

The ‘Kasarna’ industrial zone is located in the 

town itself. A complex of military facilities stretches 

across 23.21 hectares and offers the ideal location 

for business facilities, residential buildings and 

sport halls. The company has its own fruit and vegetable 

processing facilities, as well as non-alcoholic 

and alcoholic beverage production lines and a cold 

storage facility. The Rogaška Spa sports and rehabilitation 

centre is four kilometres from Knjaževac. 

There is an Olympic size swimming pool with additional 

facilities that make use of thermal water. 

There is a project for the construction of a tourist 

centre on Stara Planina (Old Mountain) that envisages 

building tourist resorts covering an area of 400 

hectares with the capacity of 30,000 beds. There 

is also a plan to build the Golema Reka ski slope, 

which would be situated on 150 hectares of ground 

with a 30-kilometre-long-cable car. 

The Knjaževac municipality offers incentives to 

potential investors especially when it comes to fees 

and other costs related to construction land lease. 

contact DraGan miLutinoviĆ, 

municipality of knjaževac development agency 

cara dušana 19, 19350 knjaževac 

Tel: +381 (0)19/731-256; fax: +381 (0) 19/731-256 

e-mail: office@ark.rs; website: www.ark.rs 


Koceljeva is a municipality located in the Mačva 

district of Serbia. The territory of the municipality 

covers an area of 25,727 hectares. The town of 

Koceljeva is 80 kilometres west of Belgrade and 

Belgrade airport via the M-21 regional road, 30 kilometres 

from the nearest port on the Sava River, and 

30 kilometres from the EU - Istanbul and Budapest - 

South Adriatic terminals. 

The municipality’s main economic branches are agriculture, 

food production and non-metal processing. 

The municipality boasts an industrial zone that 

covers an area of close to 30 hectares. It is fully 

equipped with infrastructure, and offers a water 

and electricity supply, telephone land lines, a sewage 

system etc. 

Investors opting to set up production facilities 

in Koceljeva will only be required to pay 20% of 

their utility expenses. Investors are offered additional 

incentives if they choose to invest in the municipality’s 

settlements. 

The municipal authorities guarantee the issuance 

of relevant permits and approvals in the shortest 

possible time. 

Koceljeva municipality has extremely favourable 

conditions for rural tourism development. First 

of all there is well preserved nature, a mild climate, 

clean air, unpolluted rivers, and rich flora and fauna. 

Natural beauty and a rich cultural heritage are enriched 

with the hospitality of the local population, 

who receive each guest as a friend and offer them 

rich and healthy natural food. 

contact veroLJuB matiĆ, 

president of the municipality, branislav s. mićić, led 

assistant to the municipal president, nemanjina 74 

15220 koceljeva, Telephone: +381-15-556-537 

fax: +381-15-556-587; email: pomocnik@koceljeva.gov.rs 

website: www.koceljeva.gov.rs 


enewable 

sources 

KosJeriĆ KraGuJevac KraLJevo 

agricultural production is extensive 

and widespread in the municipality 

Best host city 

kragujevac is the largest city in the 

district of sumadija and the fourth 

largest city in the republic of serbia 

Big investment 

potential 

a favourable geo-strategic position 

at the location where important road 

and railroad tracks intersect 

The town and municipality of Kosjerić is in a 

mountainous area in the Zlatibor district of western 

Serbia. The municipal area covers 358 square 

kilometres, of which agricultural land covers 19,682 

hectares. 

The main Belgrade-Bar railway passes through 

Kosjerić and links the local industrial railway to the 

cement factory Kosjerić. 

As well as the main road linking Novi Sad- 

Šabac-Valjevo-Kosjerić-Požega-Užice-Prijepolje- 

Bijelo Polje and further south, Kosjerić is connected 

to the Ibarska Magistrala (Celije), linking it to 

Lajkovac, Valjevo, Pozega and Užice. 

Kosjerić features predominantly private and 

shareholder firms, which are mainly concentrated in 

the service sector, metal construction and the chemicals 

industry. 

Agricultural production is extensive and widespread 

in the municipality. There is organised production 

of raspberries (around 4,000 tonnes per 

year) and plums. The municipality is currently seeking 

opportunities to organise cultivation/farming of 

snails, strawberries, mushrooms and fish. 

Tourism in Kosjerić is mainly based on rural 

tourism activities, while the number of guest beds 

is growing year on year in line with the increasing 

number of guests. 

The local government believes that rural development 

in Kosjerić should be in organic production, 

as great opportunities exist for the production of organic 

food namely suitable land, well preserved nature 

and the availability of energy from renewable 

sources. 

contact DraGan vuJaDinoviĆ, 

municipal president, olge Grbić 10, 31260 

kosjerić, c/o danijela Ilić, 

Tel: +381-31-783-582; email: danijelaailic@yahoo.com 

website: www.kosjeric-online.com 


Kragujevac is the largest city in the district of 

Sumadija and the fourth largest city in the Republic 

of Serbia. The total population is estimated at 

180,252. The city comprises 57 settlements with 76 

local communities. There is land with excellent traffic 

infrastructure and a traffic corridor that provides 

fast and safe connections with surrounding areas, 

while the Kragujevac-Lapovo highway will link the 

city to Corridor 10. 

The city of Kragujevac has become a mecca 

for investors. It is a city with a favourable business 

climate and accelerated local economic development 

which has been confirmed by the National 

Alliance for local economic development (NALED) 

certificate. 

The Italian company Fiat signed a contract with 

the Republic of Serbia for joint investment in the 

Kragujevac company Zastava Automobiles to create 

new jobs and stimulate a number of other sectors 

in the city. 

In addition, Plaza Centres has begun construction 

works on a contemporary multi-functional 

business and shopping centre in the Old Worker’s 

Colony quarter. The city is one of the biggest building 

areas in Serbia, and companies such as Mercator, 

Metro, Tus, Supernova, Nelt, and Forma Ideale are 

making investments here. 

The city has provided more than 70 locations for 

manufacturing, and service activities for small and 

medium enterprises, in the working areas Petrovac, 

Skaldište and Denino hill. 

Kragujevac has been once again proclaimed the 

“city of the future” and the best host city in Serbia. 

contact veroLJuB stevanoviĆ, mayor 

Goran petrović, head of the city Investment and 

development directorate, Trg slobode 3, office 

no. 203, 34000, kragujevac, Tel: + 381-34-306-127; 

fax: + 381-34-306-127; email: g.petrovic@investinkragujevac.com, 

website: www.investinkragujevac.com 

Kraljevo is territorially the biggest local selfgovernment 

in Serbia, occupying an area of 1530 

square kilometres. It has a favourable geo-strategic 

position at the location where important road 

and railroad tracks intersect. It represents an economic, 

trade and industrial centre in south-western 

Serbia. A rich cultural and historical heritage 

and natural resources represent an important 

tourism potential. This city has a tradition in the 

machine and mechanical industry. The most important 

branches of industry are: machinery, metal, 

food and timber. 

Brownfield location: Medijapan business production 

zone has a 6000 square metre production 

hall on the site. The total area of accompanying land 

parcels is around six hectares. This location has the 

necessary communal infrastructure. 

Greenfield location: ‘Seovac’ industrial zone 

occupies an area of 153.29 hectares. The military 

airport Ladjevci is located around eight kilometres 

from the zone. The zone has the necessary communal 

infrastructure. The city of Kraljevo owns a two 

hectare lot in this zone, which can be offered to potential 

investors. 

There is an industrial zone ‘Stari Aerodrom’ (Old 

Airport) which covers 9.58 hectares. This zone is located 

in the construction area and is fully equipped 

with communal infrastructure (water supply system, 

sewerage, industrial water, electrical power, gas, industrial 

railroad). The sports airport which can be 

used for light air traffic is located close to the zone. 

contact LJuBiŠa JovaŠeviĆ, mayor 

Trg Jovana sarića number 1, kraljevo 36000 

Tel: +381-36-306-031; 

fax: +381-36-306-098; email: gradonacelnik@kraljevo.org 

website: www.kraljevo.org 

languages spoken: english and serbian 


KrupanJ KruŠevac KurŠumLiJa 

two Business 

Zones 

a new general urban planning 

document will enable potential 

investors to obtain required permits 

quickly and efficiently 

successful 

privatisation 

local companies that have been 

successfully privatised 

favourable fruit 

production 

The geographic position of the 

municipality gives it a general 

transit character 

Krupanj is a town and municipality located in 

the Mačva district of Serbia. The municipality of 

Krupanj covers an area of 342 square kilometres 

along the left bank of the River Drina in western 

Serbia, and encompasses 23 villages. The leading 

economic branches in Krupanj are agriculture, wood 

processing and tourism. As the municipality is lacking 

in sufficient tourism facilities, potential investors 

are advised to consider investing in the construction 

of such facilities. 

The municipality is the owner of two business 

zones ideal for commercial activities. Location 1 

and Location 2 both have appropriate infrastructure 

and are leasable for a period of 99 years, 

with the construction land development fee included 

in the lease. The zones can be divided into 

several smaller portions. Both locations are near 

the town centre. 

A new general urban planning document will 

enable potential investors to obtain required permits 

quickly and efficiently. The municipality recommends 

that investors opt for raw material and agricultural 

produce processing facilities, which the municipality 

has in abundance, as well as using existing 

production facilities. 

All documentation needed to implement an investment 

project can be obtained in just a few days 

from the submission of a request from the relevant 

departments in the municipality. 

Krupanj has a clean and undisturbed natural environment, 

and its richness in historical monuments 

offers significant touristic potential. 

contact savo DoriĆ, municipality president 

marsala Tita 2, 15314, krupanj 

Tel: +381 (0)15/681-475 ext. 118 & 126 

fax: +381 (0)15/681-10 

email: krupanjso1@nadlanu.com; website: www.krupanj.org.rs 

languages spoken: english and others 

The city of Kruševac is situated in central Serbia, 

just 23 kilometres from the pan-European Corridor 

10 (Belgrade-Niš motorway). Kruševac covers an area 

of 854 square kilometres. 

The nearest international airport is 80 kilometres 

away in Niš, while the Port of Belgrade is 200 kilometres 

away. The city lies on two rivers: the Western 

Morava and the Rasina. A reservoir was built 20 kilometres 

from Kruševac on the River Rasina and is 

home to the Majdevo water factory. 

In terms of infrastructure, 85% of the municipality’s 

territory is serviced by water supply and 

sewage systems. There is also the Pojate-Kruševac 

gas pipeline, a well developed road and rail transport 

infrastructure, the Rosulje airport, mobile 

and fixed-line telephony networks and internet 

connections. 

Machine processing, chemical/textile industries 

and the service sector dominate in Kruševac. Local 

companies that have been successfully privatised include 

Henkel-Merima and Trayal Corporation, while 

those currently undergoing privatisation include 

IMK ‘14. Oktobar’ and chemical company Župa. 

The municipality has vast tourist potential. 

Historical sites include the Lazarica church, monasteries 

Naupare, Đunis, Veluće and others. There are 

several spas, including the Vrnjačka and Ribarska 

spas and other health and tourism facilities. 

Moreover, the forested Jastrebica mountain is just 

20 kilometres away and Kopaonik mountain’s major 

ski centre and winter sports resort is just 90 kilometres 

away. 

contact Desimir pavLoviĆ, mayor of 

kruševac, miloš Jovanović, head of the kruševac 

city administration; Gazimestanska bb 

37000 kruševac; Tel/fax: +381-37-421-567 

email: protokol@krusevac.org.rs; website: www.krusevac.org.rs 

language: english 

Kuršumlija is located in southern Serbia, occupying 

an area of 952 square kilometres, and belongs 

to the administrative district of Toplica. The 

geographic position of the municipality gives it 

a general transit character, as the regional road of 

strategic importance linking Niš to Priština to Peć 

goes by here. 

Kuršumlija’s territory offers attractive and wellpreserved 

nature. This is a hilly and mountainous area 

with dense forests stocked with forest-fruits, traversed 

by wild, clean rivers and dotted with numerous 

spas and springs with clean drinking water. 

The most important tourism potential here 

is the three spas of Prolom, Kuršumlijska and 

Lukovska, which boast mineral waters of exceptional 

quality, favourable climatic conditions and 

a well preserved environment. The tourism offerings 

are completed by the famous Đavolja Varoš, a 

unique natural phenomenon, the Kopaonik mountain 

range, a mine, and the mountains of Radan, 

Sokolović and Pilatovice, as well as diverse hunting 

opportunities. 

The municipality consists of 37,500 hectares of 

arable land, which offers ample opportunity for the 

development of agriculture. Furthermore, the municipality 

offers extremely favourable conditions for 

fruit growing, especially that of apple and plum. The 

existence of large areas of meadows and pastures 

offers the potential of developing livestock breeding 

operations, while the exploitation of forest fruits 

is also well developed. 

contact Zoran vuČKoviĆ, 

municipal president, proleterskih brigade bb, 

18430 kuršumlija; Tel. +381-27-381-383 

fax. +381-27-381-785; email: president@kursumlija.org; 

website: www.kursumlija.org 

language spoken english 


agricultural 

production 

KuČevo LaJKovac Lapovo 

kučevo consists of 

flatlands, undulating hills and a 

mountainous section 

cargo transport 

opportunities 

The municipality provides incentives 

for building permits, that is, if an 

investor wants to set up an sme 

municipality of 

potential 

lapovo municipality is set to 

gain a stable, secure economy that 

will make it a significant part of 

serbia and europe 

The municipality of Kučevo is located in the 

south-east of the Braničevo district and covers an 

area of 721 square kilometres. It is traversed by 

two major transport routes: the Belgrade-Požarevac- 

Majdanpek-Zaječar road and the Belgrade- 

Požarevac-Majdanpek-Prahovo railway, which ends 

at the Port of Prahovo on the Danube. 

Territorially, Kučevo consists of flatlands, undulating 

hills and a mountainous section. The flatlands 

represent an ancient floodplain around the 

Pek River, while the mountainous area is represented 

by the slopes of Homolje Mountain. Half 

of the territory - 35,320 hectares – is covered by 

arable, agricultural land, while the other half is 

largely forested. 

Natural resources (forests, stone and quartz 

quarries) have determined the structure of the economy 

in the municipality Kučevo. The lowland slopes, 

of Mount Homolje, are rich in wildlife which have 

been traditionally hunted for centuries, and nowadays, 

represent a very important factor for the development 

of the municipality. 

Agricultural production – including crop farming, 

sheep rearing and cattle herding – is the most 

important economic activity, while wood processing, 

lime and stone quarrying and the tourism sector 

are also important. 

The local economic structure includes 50 companies 

and 404 retail outlets. Of all the companies 

the majority deal in trade (54%), followed by the 

processing industry (22%) and agriculture and forestry 

(10%). 

contact Zoran miLeKiĆ, 

president of the municipality, svetog save 76, 12240 

kučevo; Tel: +381-12-852-178 

fax: +381-12-852-684; email: sokucevo@kucevo.rs, 

website: www.kucevo.rs; 


Lajkovac is a small town and municipality located 

in western Serbia, close to the town of 

Lazarevac. It is located in the Kolubara River valley 

and is near the Ibar motorway, the main route 

from Serbia to Montenegro. The municipality of 

Lajkovac covers an area of 186 square kilometres. 

It is 69 kilometres from Belgrade and 27 kilometres 

from Valjevo. 

Lajkovac’s industrial zone stretches over 

104.5 hectares and is suitable for small and medium-sized 

enterprises (SMEs). Advantages of 

the business and commercial zone of Lajkovac 

include: its proximity to important routes and 

the opportunities for cargo transport (Belgrade- 

Bar Railway, Ibar motorway); it is only 70 kilometres 

to Belgrade on the Niš Motorway via 

Aranđelovac; the Adriatic motorway route which 

runs along four kilometres of the zone; closeness 

to the inland navigation routes of the Danube 

in Belgrade and the Sava in Šabac; closeness to 

other large towns, business and commercial centres 

such as Čačak, Aranðelovac, Obrenovac, Ub, 

Valjevo; and the fact that land prices are lower 

than in the area of Belgrade and nearby municipalities. 

Land here is privately-owned and partially 

equipped with infrastructure. The municipality 

will provide the required permits and utility 

services. The municipality provides incentives 

for building permits, that is, if an investor wants 

to set up an SME, the land utilisation fee can be 

reduced by over 50%, depending on the number 

of workers that will be hired. 

contact DuŠan ŽivanoviĆ, municipal 

president; omladinski Trg 1, 14224 lajkovac 

Tel: +381(0)14/73-109; 014/71-108 

fax: +381(0)14/73-332; email: kabinet@lajkovac.org.rs 

website: www.lajkovac.org.rs 

languages spoken: serbian, english and German 

Lapovo is a small town and municipality in 

central Serbia’s Šumadija district, covering an area 

of just 55 square kilometres. The municipality of 

Lapovo contains only two settlements: the Town of 

Lapovo (Varoš Lapovo) and the village of Lapovo, also 

called Gornja Stanica (Upper Station). 

Lapovo is one of the most promising towns in 

the surrounding area, thanks to its great geographical 

location. It is situated at the intersection of the 

Belgrade-Niš motorway and the main regional railway 

Belgrade-Skopje-Thessalonica-Athens. The municipality 

has well developed trade sectors, construction, 

graphics and chemical industries. 

With an advanced road network, development 

of communal services and protected primary 

health care, coupled with the municipality’s 

natural conditions for further development 

and the new economic environment being created, 

Lapovo municipality is set to gain a stable, secure 

economy that will make it a significant part 

of Serbia and Europe. 

The Lapovo free zone has been established on 

a site between the international highway E-75 and 

the international rail line tracks and covers an area 

of approximately 80 hectares, with the possibility 

of further enlargement. There are two halls of 250 

square metres and one hall of 1000 square metres, 

while electricity and gas facilities are also nearby. 

The municipality of Lapovo offers substantial 

benefits to companies hiring significant numbers 

of workers. 

contact DraGan ZLatKoviĆ, 


njegoševa 18, 34220 lapovo 

Tel: +381 (0) 34 853 516; fax: +381 (0) 34 853 105 

email: office@lapovo.org;www.lapovo.org 



Green Zone 

leskovac, with its clean and unpolluted land, is a good place for potential 

investors interested in developing food production and processing 

LesKovac 

The Town of Leskovac stretches across 1,025 

square kilometers and is one of the biggest 

local self-governments on the Serbian 

territory. The city is also an important transit 

hub since it is situated on Corridor X (Belgrade- 

Skopje motorway). 

An international route, Belgrade-Athens, runs 

through Leskovac. With five 

rivers running through it several 

municipalities in South 

Serbia gravitate towards the 

town which is situated in the 

middle of Leskovac Valley. 

That is a rare geographic 

phenomenon. Agriculture is 

the development foundation 

for Leskovac. 

economY 

Apart from agriculture, 

there are 

pharmaceutical, 

food, wood and textile 

processing industries 

here. Leskovac is dedicated 

to fulfilling a vision for 

South Serbia to become a region 

without, so-called, dirty 

technologies. The municipal 

authorities are working 

on developing and implementing 

renewable energy 

projects with active support 

for organic farming. The town is surrounded with 

environmentally clean and well-preserved mountains 

which are rich in raw materials. 

Leskovac, with its clean and unpolluted land, 

is a good place for potential investors interested 

in developing food production and processing. 

Leskovac has 100 hectares of land that will 

get the needed utility infrastructure this year. The 

land is situated on an oustanding location, in the 

north section of the fertile Leskovac Valley, in 

close proximity to the work zone called the Green 

North Zone. This work zone is suitable for storages, 

agricultural processing, as well as vegetable, 

berry and fruits of the forest processing. 

The plan for the zone is to form a sort of agricultural 

commodities exchange. 

the municipal authorities are working 

on developing and implementing 

renewable energy projects with an 

active support to organic farming 

IncentIves For Investors 

Local administration serves the economy, 

working on the turnkey principle. 

Investors are given assistance 

from the very beginning 

to the end. Depending 

on the size of an investment, 

and the number of new jobs 

that are going to be created, 

investors can be fully or partially 

exempt from paying the 

land lease fee, land development 

fee and other 

utility fees. Our partners, 

like German 

Falke, can testify to 

the dedication of 

the local administration 

to each individual investor. 

Leskovac also possesses 

a favourable business environment 

certificate. 

PrIvate – PubLIc 

PartnershIP 

Leskovac is the first town 

in Serbia to have established 

a private-public partnership 

with Austria-based company Porr Werner and 

Weber and started to regionally manage the disposal 

of solid utility waste by building a landfill in 

line with the highest standards. Also, the municipality 

has built the Barje water system thus resolving 

the water supply problem in the neighbouring 

areas too. 

This year, Leskovac began to build a waste water 

filtering facility with the financial assistance from 

the EU. The municipality’s strategic aim is to preserve 

the environment and create conditions for local 

products to bear the ‘Healthy Food’ label. ■ 

sLoBoDan KociĆ 

president the of municipality 

of leskovac 

“agriculture is the dominant 

economic branch” 

contact: 

miLoraD mLaDenoviĆ 

pana Đukića 9-11 

16000 leskovac 

Tel: 016/200-804 

fax: 016/ 252-522 

e-mail: milorad.mladenovic@gradleskovac.org 

website: www.gradleskovac.org 

foreign languages spoken by the 

local administration: english 


orchard 

plantations 

LeBane LJiG LJuBoviJa 

The climate and soil in the 

municipality of lebane provide ideal 

conditions for growing and storing 

Good transport 

access 

The municipality has a large number 

of companies operating in the field 

of industrial production 

tobacco and 

raspberries 

agriculture remains the most 

important economic activity in the 

municipality 

The municipality of Lebane is located in the 

south-west of Central Serbia, in the Jablanica River 

basin. The municipality stretches over 337 square 

kilometres and has 25,000 inhabitants. 

The pan-European Corridor 10 motorway is just 

20 kilometres south-west of Lebane, while the important 

city of Niš is only 65 kilometres away. 

Total agricultural land in the territory of 

Lebane is 18,517 hectares - forests occupy 

7,987 hectares. The climate and soil in the municipality 

of Lebane provide ideal conditions for 

growing and storing all kinds of domestic animals 

and game. Fruit production in the municipality 

covers 1,500 hectares, of which in the individual 

sector is 1,350 hectares, 150 hectares 

is made up of fruit production orchard of apples, 

pears and cherries. 

The Lebane industrial zone, which is located 

at the very heart of the town, covers an area of 12 

hectares and includes constructed facilities covering 

17,662 square metres. The zone boasts an adequate 

road and utility infrastructure, as well as its 

own power substation. 

The following comparative advantages are 

offered to potential investors: cheap workforce, 

low land development and land utilization 

fees, and high quality agricultural produce. 

Permits can be obtained within legal deadlines 

and in line with the Law on Spatial Planning and 

Construction. The biggest investor in the municipality 

is Por Werner & Weber, which handles the 

removal and depositing of utility waste from the 

municipality’s territory. 

contact Dr miĆa stamatoviĆ, 

president of the municipality, nenad Jovanović, 

assistant to the municipal president for economic 

development; cara dušana 116; 16230 lebane 

Tel: +381(0)64/852-98-24; fax: +381(0)16/843-083 

email: kabinet@lebane.org.rs; website: www.lebane.org.rs 

Ljig is a town and municipality in central Serbia’s 

Kolubara district. It covers an area of 279 square kilometres 

and is surrounded by the mountains of 

Rajac and Rudnik. 

Ljig has an excellent geographical position and 

good transport access. The municipality is linked 

via the Ibarska Highway, to Belgrade (80 km) and 

Čačak (70 km); and via a regional road to Valjevo (38 

km). Locally, Rajac Mountain is only 10 km away and 

Banja Vrujci is just nine kilometres away. 

Ljig has a very favourable position for agriculture. 

The municipality has over three hundred registered 

orchards, 80% of which are plum plantations. 

The municipality has a large number of companies 

operating in the field of industrial production, 

with building materials production, metal 

processing, the food industry and tourism represented. 

Sites of specific potential include thermal mineral 

springs with substantial reserves as deep as 

850 metres. 

The municipality has developed profitable 

projects and devised developmental documents 

for the accelerated procedure of constructing tourist 

facilities: the spatial plan of the municipality of 

Ljig led to the adoption of the regulatory plan for 

Ljig Spa and Rajac Mountain, as well as the creation 

of an industrial zone on 175 hectares of land. 

Moreover, local Ljig authorities are set to commence 

work on repairing the municipality’s section 

of the main Belgrade-Užice-Adriatic coast road, 

which will significantly improve the area’s investment 

potential. 

contact mirosLav maKsimoviĆ, 

municipal president, luke spasojevića 7, 14240 

ljig; Tel: +381 014 85 030 

fax: +381 014 85 044; email:drmaksimovic@ptt.yu 

website: www.ljig.rs; 


The municipality of Ljubovija is located in 

western Serbia on the right bank of the River Drina. 

Ljubovija belongs to the Mačva district. The municipality 

is small, covering just 356 square kilometres. 

The municipality has a favourable geographical 

position. 

Agriculture remains the most important economic 

activity in the municipality, providing the 

greatest contribution to the average income among 

all economic activities. Though the percentage of 

the population engaged in agricultural activities 

is constantly decreasing, it remains the most prevalent. 

Moreover, agricultural yields are increasing 

thanks to the introduction of new varieties, modern 

mechanisation and technology to vegetable farming 

and fruit growing operations. Almost all households 

are currently involved in growing raspberries, while 

there is the same level of popularity and success in 

tobacco growing. 

The municipal territory includes land that the 

local authorities are ready to offer potential investors. 

The industrial zone, which already houses a 

number of companies, offers potential for the realisation 

of numerous projects and the municipality is 

seeking serious investors. 

The industrial zone is located along the main 

M-19 road and the border with neighbouring 

Republika Srpska. The aforementioned area of the 

industrial zone includes available warehousing 

space, halls and office space, as well as some workforce 

capacities in a number of companies and agricultural 

co-operatives. 

contact miLovan KovaČeviĆ, 


vojvode mišića 48, 15320 ljubovija 

Tel: + 381 (0) 15 661 960; fax: +381 (0) 15 662 870 

Tel/fax: +381 (0) 15 661 411; www.ljubovija.org 



industry and 

tourism 

LoZnica LuČani maJDanpeK 

loznica’s geographic position is such 

that there are also many beautiful 

tourist resorts 

raspberries, 

plums and 

apples 

The municipality is well-known for 

its fruit production 

Well-trained 

Workforce 

majdanpek is a town and 

municipality in the bor district 

of serbia 

The municipality of Lonica covers 612 square 

kilometres and has 86,413 inhabitants. Loznica has 

a well developed transport infrastructure, Corridor 

X, the M-19 and the E-70 motorway are all close by 

and is 110 kilometres away from Belgrade Airport. 

The most important industrial branches here include 

textiles, food processing, metal processing, 

paper processing, pharmaceuticals, and construction. 

Loznica’s geographic position is such that, in 

addition to fully equipped industrial zones which 

are excellent investment locations, there are also 

many beautiful tourist resorts. For this reason, local 

authorities are keen not only to develop industry, 

but also tourism. The industrial zone has relevant 

infrastructure, the town’s infrastructure is well 

developed and there is a good qualified workforce 

which all help make the town a business-friendly 

environment. 

The Šepak industrial zone is located on the 

state border with Bosnia and Herzegovina. The 

zone covers 82.66 hectares of land with 30 hectares 

having full transport, water and sewage infrastructure, 

including electricity and gas supply, 

phone lines and internet connections. The state 

provides relevant incentives based on an act 

adopted by the Serbian government which stipulates 

disposing of construction land at prices lower 

than the market ones. 

The business and residential zone, Lagator covers 

an area of 20 hectares. The state provides incentives, 

again based on the relevant act adopted by 

the Serbian government. 

contact LJiLJana niKoLiĆ, head of the 

local economic development office, 

karađorđeva 2, 15300 loznica 

Tel: +381-15-879-293; fax: +381-15-882-921 

e-mail: ljnikolic@loznica.rs; website: www.loznica.rs 


The municipality and town of Lučani is situated 

in western Serbia, in the Dragačevo region within 

the Moravica district of Serbia. The municipality 

stretches across 454 square kilometres and can be 

reached from a number of directions - Čačak from 

Kraljevo, Požega and Ivanjica. The roads and railroads 

are functional and they connect this part of 

Serbia with Belgrade and Montenegro. The municipality 

currently has around 25,000 inhabitants, with 

almost half of the workforce active in agriculture. A 

quarter of the available workforce works in industry, 

while a quarter is employed in the remaining economic 

branches. 

The municipality is well-known for its fruit production 

including raspberries, plums, apples, and 

potatoes. Lučani is also famous for its trumpet festival 

Sabor Trubača (The Trumpeters’ Assembly), 

which could be an interesting investment opportunity 

in itself. 

The dominant branches in the municipality are 

agriculture, the processing industry, the chemical industry 

and several smaller industries. The municipality’s 

workforce has a diverse educational background 

and the municipality has a large industrial 

zone with complete infrastructure. 

Municipal authorities provide incentives depending 

on the number of workers that an investor 

hires. Plans are also in place to construct an industrial 

park here and it is worth mentioning that the 

municipal authorities are issuing permits to potential 

investors in the shortest time possible. 

contact sLoBoDan JaLoviĆ, president of 

the municipality, mr miloš velanac, assistant to 

the municipal president; Ja 5, 32240 lučani 

Tel: +381(0)32/817-151; fax: +381(0)32/817-151 

email: led.solucani@sezampro.rs; website: www.lucani.rs 

languages spoken: serbian, english, German, russian and french 

Majdanpek is a town and municipality in the 

Bor district of Serbia. Majdanpek’s main advantages 

are its natural resources, geographical position 

and a cheap, well-trained workforce. The municipality 

covers an area of 932 square kilometres. The 

most important transport routes here are the M-24 

and M-25.1 regional roads, the R-104, R-104A and 

R-106 roads. 

A 54-kilometre-long section of the River Danube 

runs through the northern part of the municipality, 

while the E-75 motorway is 131 kilometres away via 

Požarevac and 170 kilometres away via Paraćin. 

Mining is a developed industry here and other 

industries also present include copper processing, 

wood processing, agriculture, tourism and other 

services. Entrepreneurship is still in its developmental 

phase and the service sector prevails over 

production. 

Majdanpek’s industrial zone currently covers an 

area of 80 hectares, though the municipal authorities 

plan to extend it to include an additional 22.5 

hectares. 

Some 15% of the zone’s land is privately owned, 

while 85% is state-owned and the zone has partial 

infrastructure. Moreover, some 30 to 100 hectares 

of the zone are suitable for light processing industries, 

warehousing, services and other tertiary economic 

activities. 

Deadlines for issuing required permits are as 

follow: act on spatial planning – up to 30 days; environmental 

impact evaluation – up to six months; 

building permit and registration of construction 

works – up to eight days. 

contact DraGan popoviĆ, president of the 

municipality, svetog save bb, 19250 majdanpek 

Tel: +381(0)30/581-240 

fax: +381(0)30/581-580 

email: predsednistvo@opstinamajdanpek.rs 

website: www.majdanpek.rs 


maLi ZvorniK maLo crniĆe meDveĐa 

Good energy 

potential 

The area boasts abundant natural 

resources, a sufficient workforce, 

developed wood and metal processing 

industries and raw minerals 

healthy 

holidays 

The greatest natural resources of 

this municipality are fertile land, 

water resources and areas of 


attractive 

exemptions 

support of investors in the 

municipality of medveđa is evident in 

the effective local administration 

The municipality of Mali Zvornik is situated in 

central Podrinje, in western Serbia. The municipality 

stretches across 184 square kilometres. 

Mali Zvornik has a relatively favourable 

transport and strategic position; it stretches 

along the main road between Belgrade and 

Bjelovar, which is the main transportation route 

in Western Serbia. The municipality also has an 

important transit and border position, linked as 

it is to neighbouring Republika Srpska (Bosnia) 

via three bridges – rail, road and pedestrian. The 

municipality’s good energy potential is offered 

by the River Drina and hydro-electric capacities 

(the Zvornik hydro-electric power plant and mini 

reservoir on the River Radaljska). 

The area boasts abundant natural resources, a 

sufficient workforce, developed wood and metal 

processing industries and raw minerals. 

Development of the tourism sector is supported 

by Mali Zvornik’s beautifully preserved nature, 

Drinsko Lake, Radaljska Spa, its rich historic and cultural 

heritage, a distinctive local cultural identity, 

good quality agricultural produce and food, quality 

mineral springs and potential for the development 

of health and spa tourism at Radaljska Spa. 

The municipality’s economy is based on small 

scale industrial capacities and the utilisation of local 

natural resources. Most of the working population is 

employed in industry and mining (83.8%), while the 

rest is engaged in non-production sectors. 

contact BranKo raDiĆ, head of the 

department of the municipal economy 

kralja petra I 38, 15318 mali zvornik 

Tel: +381(0)15/471-859; fax: +381(0)15/471-885 

email: opstmzv@ptt.rs; website: www.malizvornik.org 


Malo Crniće municipality is among the smaller 

municipalities in Serbia and belongs to the 

Branicevo district. It covers an area of 279 square 

kilometres and has 18,610 inhabitants residing in 

the municipality’s 19 settlements. 

Malo Crniće includes a wide, fertile valley 

banking the main flow of the river Mlava, which 

widens through the valley. The valley entrance is 

surrounded by low hills, while at its end tower the 

Homolje mountains. 

Local authorities have adopted a decision 

to develop the spatial plan of the municipality 

of Malo Crniće. An integral part of this decision 

relates to the programme to develop the spatial 

plan in accordance with the law on planning 

and construction. Moreover, a decision has been 

made to adopt local strategies for the sustainable 

development of Malo Crniće for the period 

between 2010 and 2013. The final draft strategy 

was developed in conjunction with a local partnership 

team, the coordinator of working groups, 

working groups and regional development experts, 

along with council leaders and the municipal 

coordinator. This document presents the 

needs of the municipality and its inhabitants in 

the coming years. 

Malo Crniće also has potential for the development 

of tourism based on nature trips, short breaks 

and health holidays (rural, ethnic, ecological, recreational 

and hunting). 

contact Dr esiDoL periĆ, municipal 

president, marsala Tita 80, 12311 malo crniće 

Tel: +381 (0) 12 280 009 

fax: +381 (0) 12 280 006 

email: predsednik@opstinamalocrnice.org 

website: www.opstinamalocrnice.org 

Medveđa municipality is located in southern 

Serbia’s Jablanički county with an area of 524 


The municipality boasts economic zones with 

industrial facilities, which are fully equipped in 

terms of infrastructure. 

The site of the Banja Sijarinska spa resort has 

been earmarked as the location for the construction 

of factories - one for the production of mineral water 

and one for liquid carbon dioxide gas. The site 

already has a water supply and energy network. 

Support of investors in the municipality of 

Medveđa is evident in the effective local administration, 

which ensures that investors can obtain construction 

permits within 60 days. Taxes in Medveđa 

are the same as in other parts of Serbia. However, 

plans envisage a 10-year tax exemption for investments 

in excess of €7.5 million that create 100 new 

jobs, as well as exemption from excise duties on 

equipment and raw materials. 

Depending on the type of operation the investor 

intends to set up and whether it is a geenfield or 

brownfield investment, the deadline for obtaining 

necessary permits ranges from 15 to 30 days, 

MB Farmakom Šabac, the new owner of the Lece 

mine in Medveđa, has commenced operations. This 

was a brownfield investment worth nine million euros 

and the new owners intend to employ 200 new 

workers in the first phase. 

Russian investor, Adriatic Stroinvest, has begun construction 

of a luxury five-star hotel at Sijarinska Banja. 

This greenfield investment is worth €4.5 million. 

contact sLoBoDan DraŠKoviĆ, municipal 

president, Jablanička 48, 16240 medveđa 

Tel: +381 (0) 16 891 197 

fax: +381 (0) 16 891 106; 

e-mail: somedvedja@yahoo.com; www.medvedja.org.rs 

languages spoken: serbian, english, french, russian and German 


sour cherry of oblačina 

meroŠina 

The most famous of merošina’s trade marks is not a fruit sort, but an ecotype 

that has been developed and adapted to ecological conditions 

The Municipality of Merošina is located in 

Central Serbia, in Niš County. It covers an area 

of 193 square kilometres and, according 

to the 2002 census, has 14,812 residents who 

live in 27 towns and villages. This territorially is 

one of the smallest Serbian municipalities with 

130 residents per square kilometre. 

The Niš-Prokuplje main road runs through 

the centre of the municipality 

and this road serves as 

a link between the municipality 

and the Belgrade-Niš 

motorway, i.e. it connects 

south-east and east Serbia 

with Kosovo and Metohija. 

Merošina, which lies on the 

Niš-Prokuplje road, 17 km 

from both towns. 

aDvantaGes 

Favourable geographic 

position, close proximity 

to cities (which are also 

potential markets) – 

Niš is 16 km away, Skopje 

220 km, Priština 120 km and 

Sofia 160 km, connected to 

the Corridor X, HACCP certified 

agricultural production, 

drafted technical documenation 

for large-scale infrastructural 

projects, suitable 

for the development of hunting 

tourism. 

the most valuable natural 

potential that the municipality 

has is farmland 

SMEs and is mostly financially self-sufficient. 

Most of the companies here use very expensive 

bank loans and rarely get loans from state funds. 

aGrIcuLture 

The most valuable natural potential that the 

municipality has is farmland which offers a wide 

range of production opportunities. 

According to the State 

Statistical Office, the municipality 

has 14,686 hectares of 

used farmland (agricultural 

companies, cooperatives and 

family farms). 14,088 hectares 

of land (95.45%) are 

owned by family-run farms. 

When it comes to fruit 

growing, the municipality 

is know for its sour cherry 

of Oblačin, with a growing 

production of plum 

(Stanley sort), strawberries, 

blackberries and raspberries, 

as well as water 

mellon. 

The sour cherry of 

Oblačina is not a sort, but an 

ecotype that has been developed 

and adapted to ecological 

conditions in a designated 

geographic area. 

Cherry orchards cover 

2,000 hectares of land in 

Merošina. 

sLoBoDan toDoroviĆ 


of merošina 

“our most valuable natural 

potential is farmland” 

economY 

Economic development of the municipality 

of Merošina is based on agriculture, industry 

and tourism. 

Due to lack of investments, local companies 

had to write off 70% of their assets and over 

85% of their equipment. With the current equipment, 

most of them are not capable of reaching 

the price or quality that would be competitive on 

the domestic or foreign markets. 

The Municipality of Merošina has very few 

InDustrIJsKa Zona 

The following companies operate in the municipality 

– Voćar (with a cold storage facility), 

Merkop, Milsa, Nikom, Wounder, Deni Pet, 

Eksol, Nišprodukt, Jugoterm, Messer, Radijatori, 

Centropak, Austotherm and Goeks. 

The General Spatial Plan does envisage an industrial 

zone here which will have partial infrastructure, 

i.e. roads, electricity and water. 

If a company has all required documents, it can 

obtain the needed permits in three working days. ■ 

contact: 

suZana iLiĆ 

cara lazara 17 

18252 merošina 

Tel: 018/4892-034 

fax: 018/4892-035 

mobile phone: 062/488-463 

e-mail: 

suzana.ilic@live.com 

website: ww.merosina.org.rs 


mionica neGotin niŠKa BanJa 

Great tourism 

invest in nature a fantastic 

Location 

The municipality has beautifully 

preserved nature, which offers 

good potential for the development 

of tourism 

The national investment plan has 

granted financial assistance 

This spa town boasts a thermo 

mineral spring with natural mineral 

water and mineral-rich mud 

The municipality of Mionica is 80 kilometres 

south of Belgrade in western Serbia. It covers an area 

of 329 square kilometres and has a population of 

16,785. Over 60% of the municipality’s population 

is engaged in agriculture. 

There are several regional roads in close proximity 

to the municipality, including the important 

Ibarska highway, which is just 20 kilometres from 

Mionica. There is also the Belgrade-Bar railway and 

a small airport seven kilometres away in Divci. 

The municipality has beautifully preserved nature, 

which offers good potential for the development 

of tourism, as well as the development of organic 

food production. 

Tourism in the municipality of Mionica is varied. 

Mionica is widely known for its well-developed 

tourist facilities. In recent times the development of 

rural tourism has become more popular and several 

ethnic centres designed to accommodate tourists 

have been established. 

There are several construction projects going 

on in nearby Vrujci, where the water has healing 

powers and is beneficial to the treatment of rheumatism, 

nervous tension and high blood pressure. 

There are also thermal springs in Lepenica (two kilometres 

from Mionica) and a sports and recreational 

centre is currently being built there. 

Mionica doesn’t have an industrial zone, but 

municipal authorities are efficient in issuing relevant 

permits. This procedure usually takes up to 

15 days. 

The biggest investors to date are Voda-voda, MB 

Consulting, Delta and others. 

contact miLan matiĆ, president of the 

municipality, vojvode mišića 30, 14242 mionica 

Tel: +381-14-62-020; 62-666 

fax: +381-14-62-241 

email: somionica@ptt.rs; website: www.mionica.org. 

languages spoken: serbian, russian, english and french 

The municipality of Negotin is in the Negotinski 

district and covers an area of 1,089 square kilometres 

beside the tri-state border between Serbia, 

Romania and Bulgaria. 

Small enterprises account for a significant share 

of the economic activity in the municipality, while 

there are around 1,000 private entrepreneurs and 

over 200 companies. 

The municipality’s greatest potential lies in 

the River Danube with its favourable geographical 

position make it suitable for wind farms and 

agriculture. 

The Negotin municipality has an industrial 

zone that covers an area of 46.5 hectares and 

is intended for production activities, storage facilities, 

warehouses and other commercial properties. 

A section of the zone covering 29.5 hectares 

has constructed roads, running water and an 

electrical supply, while plans for the remaining 

17 hectares envisage the construction of a sewage 

system and continuation of the existing water 

system, electricity grid with public lighting, roads 

and telephone lines. The national investment plan 

has granted financial assistance to bring to fruition 

the plans for the industrial zone. 

The advantages of the industrial zone lie primarily 

in its vicinity to main roads, the local railway station 

and the Prahovo Harbour on the Danube (part 

of pan-European Corridor 7). The industrial zone is 

situated 136 km from Corridor 10 and 150 km from 

the Niš Airport. 

The biggest investor in the municipality is 

Neochimiki L.V. Lavrentiadis S.A. 

contact Dr vLaJKo ĐorĐeviĆ, 

president of the municipality, Trg stevana 

mokranjca 1, 19300 negotin, 

Tel: +381-19-544-000; fax : +381-19-541-386; 

e-mail: ouc.negotin@yahoo.com; website: www.negotin.rs 

languages spoken: serbian & english 

Niška Banja is located 10km southeast of Niš, 

near the confluence of the rivers Nišava and South 

Morava. It has a temperate-continental climate and 

covers an area of 145 square kilometres.. 

Niška Banja’s transport infrastructure includes 

well developed road, rail and bus lines. Rail and 

road routes are part of the main Balkan routes 

Belgrade-Niš-Sofia-Istanbul and Belgrade-Niš- 

Skopje-Thessalonica-Athens. Niška Banja is 12 kilometres 

from Niš’s Constantine the Great airport. 

This spa town boasts a thermo mineral spring 

with natural mineral water and mineral-rich mud. 

The local mineral water belongs to the group of 

ground-alkali homoeothermic waters (36-38°C), 

slightly mineralised and with a capacity of 56 litres 

per second. 

The spa’s clinical centre is located in an area of 

green forests stretching over an area of more than 

70 hectares. 

The most significant potential and the greatest 

opportunities for investments are in health 

tourism, sport tourism, congress tourism, hotels 

and catering. 

Plans have been devised to construct an nfrastructure 

for tourism development. So far, the 

municipality has co-operated with the European 

Agency for Reconstruction, USAID and the 

Government of Denmark. 

Potential locations for investment include 

the sports recreation centre Ada Ženeva (artificial 

lakes, hotel, catering and sports facilities); recreation 

centre Lozni Kalem (Aqua Park); sports complex 

Vrtop (tennis courts, Wellness Centre); ethno 

village Koritnik. 

contact Zoran viDanoviĆ, 


sinđelić 3, 18205 niška banja 

Tel: +381-18-45-48-108; fax: +381-18-45-48-629 

email: vzoran@gu.ni.rs; pitanja@goniskabanja.org.rs 

website: www.goniskabanja.org.rs 


centre of 

south-eastern 

serbia 

niŠ nova varoŠ novi paZar 

located on the crossroads of the 

most important balkan and european 

transport routes 

The city of Niš covers an area of 596.71 square 

kilometres and has over 250,000 inhabitants. It is 

the administrative centre of the Nišavski district 

and the regional centre of South-eastern Serbia. It 

is located on the crossroads of the most important 

Balkan and European transport routes. 

The general spatial plan for the city of Niš envisages 

12 investment locations (of a total of 26) for 

industrial and service activities. The total surface of 

these 12 locations is 687 hectares. 

The Donje Međurovo industrial zone stretches 

across 10 hectares and is equipped with most of the 

required infrastructure. 

The technology park in Niš is known for its production 

of electronic equipment and electrical components 

for the car industry and IT sector. 

The Sever industrial zone is located at the intersection 

of the pan-European Corridor 10 motorway 

and the rail lines Belgrade–Niš–Sofia–Istanbul and 

Belgrade–Niš–Thessaloniki–Athens. This zone covers 

an area of 174 hectares and is mostly privatelyowned. 

The zone has complete infrastructure and a 

partially developed secondary network. 

The city of Niš will assign each investor with a 

personal assistant to provide assistance throughout 

the entire investment process. 

All required permits will be issued within two 

months. Subsidies for investors are from 2,000 to 

10,000 euros for newly opened jobs, greenfield and 

brownfield projects in the field of manufacturing, 

service or research and development. 

sporting and 

recreational 

tourism 

The municipality has good hydro 

-potential and quality timber 

The municipality of Nova Varoš is situated in 

South-west Serbia at the very heart of the Zlatibor 

district. The municipality covers an area of 581.47 

square kilometres and has 19,982 inhabitants. It is 

linked to neighbouring municipalities via regional 

roads, while the Belgrade-Bar railway runs 15 kilometres 

from Nova Varoš. 

Nova Varoš has exceptional natural tourist potential 

with such features as well preserved countryside, 

over 500,000,000 cubic meters of top quality 

water in many lakes and springs, villages that 

are suitable for rural tourism and Zlatar mountain, 

which is ideal for the development of health, sports 

and recreational tourism.. 

The municipality has good hydro-potential and 

quality timber. As a mountainous and environmentally 

clean region, Nova Varoš is suitable for the production 

of organic food (especially meat, milk and 

dairy products, potatoes, carrots, raspberries, forest 

and medicinal herbs). 

The most developed industrial branches in 

the municipality are wood processing, plastic materials 

processing and the machine parts industry. 

Most of the workforce has completed high school 

education. 

The following industrial branches are suitable 

for investment: timber processing, the cultivation 

and processing of medicinal herbs, meat, milk 

and dairy production, fish ponds, bottling of natural 

water, tourism (building tourist facilities on Zlatar 

Mountain), growing and processing potatoes and 

carrots, livestock breeding, etc. 

Distinctive 

culture 

The local private sector is quite well 

developed and extremely diverse 

Novi Pazar is the economic and cultural centre 

of the Sandžak region. The municipality has a population 

of around 125,000, while the town of Novi 

Pazar has a distinctive culture, history and tradition. 

The municipality is located 290 kilometres south of 

Belgrade, on the road to Podgorica and the Adriatic 

Sea via the Ibarska Highway. The whole area has 

abundant natural resources. 

Plans are in place to reconstruct the Novi Pazar- 

Sjenica and Novi Pazar-Tutin regional roads, while 

the national investment plan has confirmed it will 

grant funds for construction of the Belgrade-Bar 

motorway that will pass between Sjenica and Novi 

Pazar. Works are set to be completed by 2016. 

Novi Pazar’s economy is dominated by retail 

activities, the processing industry (primarily textile 

and leather processing and furniture making), as 

well as transport and tourism. 

The local private sector is quite well developed 

and extremely diverse, with the number of 

small and medium-sized enterprises currently 

standing at 6,000. 

The industrial zone is still state-owned, but 

the process of privatising this land is currently 

underway. The zone is equipped with relevant infrastructure. 

Novi Pazar’s advantages lie in an educated 

workforce, expeditious issuing of required permits 

and various simulative measures. 

The economic branches considered suitable 

for investing are as follows: the processing industry 

(particularly textile and leather processing), agriculture, 

organic food production and tourism. 

contact miLoŠ simonoviĆ, mayor of niš, 

obrenovićeva 38, first floor, 18 000 niš, 

Tel: +381-18-209-239 

fax: +381-18-209-240 

e-mail: kler@ni.rs; website: www.kler.ni.rs 

languages spoken: serbian, english, spanish and bulgarian 

contact sLaviŠa puriĆ, president of the 

municipality, karađorđeva 32, 31320 nova 

varoš; Tel: +381(0)33/62-140, 62-142 

fax: +381(0)33/62-140, 62-142 

email: ounvaros@gmail.com; website: www.novavaros.rs 

languages spoken: serbian & english 

contact Dr meho mahmutoviĆ, mayor 

stevana nemanje 2, 36300 novi pazar; 

Tel: +381(0)20/313-644, extension 147; 

fax: +381(0)20/331-942 

email: edin.kalac@novipazar.org.rs; 

website: www.novipazar.org.rs 


oseČina 

fruit Growing region 

osečina’s economy is known for its agricultural, food processing, 

chemical industry and arts & crafts 

nenaD stevanoviĆ 


of osečina 

“private sector is 

well-developed here” 

contact: 

ivana KapetanoviĆ 

The local economic development 

office of the municipality of osečina 

karađorđeva 78 

14253 osečina 

Tel. 014/451-031 

fax: 014/451-158 

e-mail: ivana.osecina@gmail.com 

foreign language: english 

GeoGraPhIcaL PosItIon 

The Municipality of Osečina is in Western 

Serbia. It is located along the left and right side of 

the Valjevo – Loznica main road and the Valjevo 

– Loznica railroad, which is currently under construction, 

i.e. on the left and right bank of the 

River Jadar. 

In the north, Osečina borders with the municipality 

of Koceljeva, in the east with Valjevo, 

in the south with Ljubovija and in the west 

with the municipalities 

of Krupanj and 

Loznica. The municipality’s 

centre – the town 

of Osečina – has close 

to 3,500 residents and 

is located 32 km northwest 

from Valjevo in 

the direction of Loznica 

and 130 km southwest 

from Belgrade in a 

north-easterly direction 

towards the Republic of 

Srpska. It lies at an altitude 

of 210 metres. 

economY 

Osečina’s economy 

is known for its agricultural, 

food processing, 

chemical industry and 

arts & crafts. There are 

also several small plastic, 

paper and wood product manufacturers. The 

private sector is quite developed and is mostly 

made of SMEs, small arts & crafts and retail 

shops. According to the 2005 data, the municipality 

had a total of 28 industrial, 8 agricultural, 

6 retail, 2 tourism, catering, and a transportation 

company and one that is engaged in forestry 

and construction. 

PoPuLatIon’s eDucatIonaL structure 

Residents, aged 15 and over, have completed 

schooling and literacy since 2002. 

IncentIves For Investors 

Investors who hire over 10 workers are exempt 

from paying for access to water and sewage, as well 

as the utility tax for the period of two years, while 

those who hire over 10 workers are exempt from 

paying the aformentioned fees for a year. 

The industrial branches that are suitable 

for investing are the food and plastic material 

processing. 

Relevant permits are issued within seven 

days. One of the 

most successful 

privatization examples 

in this area was 

the privatization of 

the former factory 

Podgorka Osečina. 

In the beginning 

of 2004, Podgorina 

Frucht, a member 

of the Austrian 

group Gruenewald 

International 

GmbH, acquired 

Podgorka Agrar 

(which had previously 

declared 

bankruptcy) with 

the intention of reinstating 

production, 

as well as the 

technology used 

in the factory, advancing 

the production process and to help the 

fruit growing region to stand up on its feet again 

by applying a brand new fresh fruit purchase policy. 

Today, Podgorina Frucht has 105 employees, 

while, in season, that number ranges from 200 to 

250. The company’s annual turnover is between 

13 and 15 million euros. This is one of the best examples 

of a well-executed brownfield investment. 

The municipality doesn’t have its own coat of 

arms, and the process of devising one is pending. 

For now, the municipality uses the official coat of 

arms of the Republic of Serbia. ■ 

Osečina’s economy is known for 

its agricultural, food processing, 

chemical industry and arts & crafts 


ich raw 

materials 

paraĆin petrovac na mLavi poŽarevac 

Paraćin is located in central Serbia by the River 

Crnica. It is 156 kilometres from Belgrade via the 

international highway E-5 (Corridor 10), 130 kilometres 

from Bulgaria and 190 kilometres from 

Romania. The city itself lies at the intersection of 

the most important international highways and 

Corridor 10, at the beginning of the international 

road E-761, and at the junction of the E-760 road. 

The main rail line towards northern Europe also 

passes through Paraćin. 

The municipality covers 542 square kilometres, 

of which 58.12% is agricultural land, 0.03% forest 

and 38.75% has other uses. According to its geographical 

position, Paraćin forms part of the Great 

Morava city triad. 

The economy of Paraćin has a long industrial 

tradition of over 120 years and is renowned for 

the production of textiles, glass, cement, confectionery, 

food products and building materials, as 

well as electric power equipment and textile equipment. 

The municipality has a strong agriculture sector, 

small industries, trade and tourism. 

The municipality is rich in raw materials for 

the local Novi Popovac cement factory, gravel from 

the Great Morava and stone/limestone for the the 

glass factory. 

There is a huge amount of space and ample resources 

for the development of eco-tourism, the exploitation 

of forest fruits, and the bottling of water. 

Paraćin has several industrial zones at very good 

locations and with more or less complete infrastructure, 

electricity, gas power and water. 

hunting and 

fishing 

The municipality of Petrovac na Mlavi is located 

in the central part of the Mlava river basin, between 

Gornjacki canyon and Stiska plain (Stiska 

ravnica) in the north. It occupies an area of 655 

square kilometres and has around 46,000 inhabitants. 

It is located on one of the most important 

routes in Branicevski district. 

The land in the municipality is highly favourable 

for the development of animal husbandry, farming 

and vegetable growing. Small business development 

in the municipality occurs on a high level. 

The leaders of economic development in 

the municipality belong to different areas of 

the economy including: furniture factory Javor, 

Mlavaplastika, leather industry IKOP, slaughterhouse 

October 8, dairy industry Homolje, Borac, 

a factory for vegetable and fruit processing which 

owns a mill, bakery and a cold storage facility, a 

pig farm, construction company Alpina, as well as 

agricultural cooperatives in the majority of settlements 

in the municipality. 

Good potential for development and investment 

in the economy of Petrovac na Mlavi municipality 

exist in the area of forestry, raw minerals and 

coal, as well as possibilities for the development of 

hunting, fishing and spa tourism. The Mlava River 

and other watercourses represent the potential 

which should direct the agricultural production towards 

the production of raw food material that can 

be processed on the spot or in plants located in the 

municipality. 

excellent 

farming 

opportunities 

The economy of paraćin has 

Good potential for development 

a long industrial tradition of over and investment in the economy of 

120 years petrovac na mlavi municipality exist The municipality offers excellent 

contact saŠa paunoviĆ, municipal 

president, Tome Živanovića 10, 35250 paraćin 

Tel: +381-356-30-07; 

fax +381-355-631-65 

email: opstina@paracin.rs; website: www.paracin.rs 


contact raDiŠa DraGoJeviĆ, municipal 

president, srpskih vladara 165, 12300 petrovac 

na mlavi, Tel: +381-12-331-280 

fax: +381-12-331-283; email: info@petrovacnamlavi.rs 

website: www.petrovacnamlavi.rs 


farming opportunities with rich 

agricultural land 

The city and municipality of Požarevac is located 

in eastern Serbia’s Braničevo district. It covers an 

area of 481 square kilometres, is comprised of 24 

rural settlements and two urban towns. 

Požarevac is located on a very important rail 

route (Belgrade-Bor-Zaječar), which connects it to the 

Timok area and the whole of eastern Serbia. Other 

noteworthy rail routes include the connection with 

Velika Plana-Smederevo and Požarevac-Kostolac. 

Požarevac lies at the confluences of the rivers 

Velika Morava and Danube and Mlava-Danube. It offers 

exceptional conditions to utilise waterways as transport 

routes to connect to other parts of Serbia. The 

transportation of goods by river is handled through 

three local ports: Dubravica, Kostolac and Ram. 

The municipality offers excellent farming opportunities, 

with rich agricultural land covering 73.6% 

of the total area – of which arable fields account for 

97.8%. Most of the land (99.3%) boasts fertile soil 

types. Agriculture, together with plant and animal 

rearing, is represented on 38,000 hectares of arable 

land. 

Coal lignite is the most important energy potential 

of the area and is set to retain its dominant 

role of energy in the long term. Moreover, previous 

investigations have revealed the existence of three 

untapped oil and gas fields in the municipality. 

The food industry is particularly well developed 

and the industry flag bearers in the municipality include 

Bambi, Žitostig, MIP and Fruit Product. 

contact mioDraG miLosavLJeviĆ, 

mayor, drinska 2, 12000 požarevac 

Tel: +381-12-539-601 

fax: +381-12-539-622 

email: mmilosavljevic@pozarevac.org.yu 

website: www.pozarevac.rs 


pirot 

Local Brands 

The municipality of pirot is one of the few municipalities in serbia that 

has well-known local brands 

vLaDan vasiĆ 


of pirot 

"michelin 

and helenika are the biggest 

investors here" 

contact: 

mariJa ĐoŠiĆ 

srpskih vladara 82, 

pirot 

Tel: 010/ 305 – 580, 305 - 500 

fax: 010/ 313 – 901, 305- 578 

e-mail: marija.djosic@pirot.rs, 

kabinet@pirot.rs, proffice@pirot.rs 

website: www.pirot.rs, 

www.ledo.pirot.rs 

The municipality of Pirot is located in southeast 

Serbia and covers an area of 1,232 km². 

It has 63,701 residents. Pirot is nearly 300 

km away from Belgrade, 70 km from Niš and 30 

km from the state border with Bulgaria. The municipality 

is intersected by roads and railways which 

serve as links to the rest of Serbia and Bulgaria. 

The most important of these transport routes are 

Corridor X and the M-9 main road. Airports in Niš 

and Sofia are 70 km away from Pirot. The Niš- 

Pirot-Sofia electrified railway 

is an integral part of the 

Budapest-Belgrade-Skopje- 

Athens and Ljubljana- 

Zagreb-Belgrade-Skopje- 

Athens railroads. 

aDvantaGes 

Good geographic position; 

General Zoning Plan; 

Geographic Information 

System; Available workforce; 

Favourable 

business environment; 

Long tradition 

in economy and arts 

& crafts; 

Utility companies 

able to operate as profitable enterprises; The 

Stara Planina (The Old Mountain) nature park, potential 

for developing tourism; Natural wealth 

There are 465 companies and 1,347 enterpreneurs 

in Pirot. 

economY 

Rubber, textile, food and chemical industry 

are the most dominant industrial branches. 

The most successful companies in Pirot are 

Tigar Tyres, Tigar, Prvi Maj and Slobodna Zona (The 

Free Zone). Tigar has 2,200 and Tigar Tyres 2,300 

employees. Tigar Company is among the top three 

export companies in Serbia. 

According to the 2011 data, there are 8,000 

unemployed people in the municipality. 

InDustrIaL Zone 

The Beg Bašča industrial zone stretches across 8 

hectares of land. It is divided into land plots of various 

sizes which are available to potential investors. 

The Božurato Zone is suitable for industrial 

and storage companies, it covers an area of 

12.9 hectares, with 30% of the zone available. 

The Sredorek and Barje zones are suitable for the 

same purpose, they cover 29.6 hectares and 70% 

of them are free. 

In 2010, the municipality implemented 

the project called ’establishing a 

rug making cooperative’ in order to 

preserve and support the long rugmaking 

tradition here 

Free Zone 

The Free Zone has 65 hectares of infrastructurally 

equipped land with 

the municipality as the 

zone’s owner. Companies 

that operate in the zone are 

exempt from paying the city 

land regulation fees and local 

adiministration costs, as 

well as the fees for having 

an access to on-site infrastructure. 

It will take an investor up 

to 30 days to obtain all permits 

that are not under 

the municipality’s 

jurisdiction and up to 

14 days for permits 

that are issued by the 

municipality. 

The biggest foreign investor here is Michelin 

(tyre producer) and Helenika (footwear producer). 

The municipality of Pirot is one of the few 

municipalities in Serbia that has well-known local 

brands like Pirot’s kačkavalj (type of semi-hard 

cheese) which is geographically protected as is 

the Pirot rug. 

In 2010, the municipality implemented 

the project called ’Establishing a Rug Making 

Cooperative’ in order to preserve and support the 

long rug-making tradition here. In 2001, the implementation 

of the GIS project began, as well 

as the projects like ZIP, the Youth Centre, Youth 

Business Incubator and an intermodal logistics 

centre (implemented in cooperation with the Pirot 

Free Zone). Also, the plan is to implement a sports 

infrastructure project within the framework of the 

Serbia - Bulgaria cross-border cooperation programme. 

Another strategic project is constructing 

an indoor swimming pool in Pirot. ■ 


attractive Locations 

The biggest railway station at the belgrade-bar railroad, with 16 tracks, 

including the kraljevo and niš branches, is located here 

poŽeGa 

Požega municipality is in Požega basin in 

Zlatibor district. Spread on 420 square kilometres, 

at an altitude of 306 to 330 metres. 

There are 36,500 people living in the municipality’s 

area, and the centre of the municipality is the 

city of Požega. 

The city lies on three 

rivers: the Skrapež, the 

Đetinja and the Moravica, 

which at the territory of 

the municipality form 

the West Morava. The 

Rzav, Lužnica and the 

two Kamenica rivers, are 

also on the municipality’s 

territory. 

Požega is the traffic 

and energy hub of 

West Serbia. It is located 

at the crossroad of the 

M5 and M21 trunk roads 

and the crossroad of the 

E 763 Horgoš- Požega and 

E 761 Požega- Višegrad 

planned roads, as a part 

of the Sarajevo- Požega- 

Sofia road. 

The biggest railway 

station is the Belgrade- 

Bar railroad, with 16 

tracks, including the 

Kraljevo and Niš branch. 

economY 

Metal complex; Wood 

industry, solid wood furniture 

and sheet furniture; 

Construction industry; 

Textile and food industry; Agricultural production, 

particularly fruit production and livestock 

farming; Tourism in protected eco-zones. 

The municipality has attractive industrial 

zones at its disposal. The municipality’s townplanning 

scheme determined an 85ha-free space 

in the industrial zone, and 210ha of free space in 

the future non-customs zone-park. 

vicinity of touristic centres 

Divčibare and Zlatibor; 

tometino field plan for 

development of tourism at 

the foot of Divčibare 

broWnFIeLD LocatIon 

‘Stare pekare’ lot of about 36.7 Ar; “Petar 

Leković’ barracks, planned for an apartmentbusiness. 

Privatization of ‘Budimka’ is been complete 

and, within the big business complex of that 

company, a suitable location 

of the type could 

be found 

GreenFIeLD 

LocatIon 

Within the economic- 

working zone, there 

are free privately-owned 

spaces. There are also 

the municipality’s lots, 

but they are small and 

not connected. 

Within the first phase 

of realization of the industrial-working 

non-customs 

zone, which is financed 

from NIP funds, 

there is a 27ha space for 

various business purposes. 

The land is privately 

owned. 

ForeIGn 

Investments 

NEXE group bought 

a lime and stone factory 

Jelen do; Crops & 

partners Belgrade, YUBE 

bought cold storage plant 

for fruit processing; 

naturaL resources 

Agriculturally arable land: 9,500ha; Limestone; 

Marble ‘blue flow’; Quarries; Construction materials’ 

production clay; Boulder and sand deposits; 

Thermal-mineral water. 

Vicinity of touristic centres Divčibare and 

Zlatibor; Tometino field plan for development of 

tourism at the foot of Divčibare. ■ 

miLovan miĆoviĆ 


of požega 

“the municipality 

has attractive locations of 

industrial zones at 

its disposal” 

contact: 

miLovan miĆoviĆ 

sloboda square 9 

31 210 požega 

phone number: 031/ 811-181 

fax : 031/ 811-151 

mobile phone: 069/8977851 

e-mail: zamenik.predsednika@ 

pozega.org.rs, 

opstina@pozega.org.rs 

web site : www.pozega.org.rs 

foreign languages for possible 

investors: english 


preŠevo priBoJ proKupLJe 

Great economic 

potential 

preševo has great economic potential 

in large agricultural areas under 

irrigation,as well as a large number of 

unrealised opportunities 

The municipality of Preševo is located in the 

extreme south of Serbia, in the Pčinja district. The 

region’s most important transport corridors run 

through Preševo’s territory, including pan-European 

Corridor 10, the M-25.2 road and the Belgrade-Niš- 

Skopje-Thessalonica-Athens railway. 

The municipality covers 264 square kilometres 

and has around 36,000 inhabitants. 

Preševo’s additional advantages include large 

agriculture areas, a long tradition of agriculture and 

livestock breeding and a powerful Diaspora community 

that maintains dynamic links with Preševo. 

Developed economic sectors in Preševo include 

metal processing, the construction industry, production 

of building materials, food production, tobacco industry 

and tobacco production. The economy is dominated 

by private enterprise, with 95% of the municipality’s 

500 companies being privately owned. 

Preševo has great economic potential in large 

agricultural areas under irrigation,as well as a large 

number of unrealised opportunities, such as agricultural 

co-operatives, crystal, tobacco processing factories, 

etc. 

The municipality has carried out all infrastructure 

preparation for the planned industrial zone and 

Preševo has 3,595 employees. 

The municipality of Preševo has established a 

municipal service to assist potential investors and 

to reduce the time required for administrative tasks. 

The municipality has adopted its strategy for the development 

of Preševo for the period running from 

2007 to 2015. 

contact raGmi mustafa, president of the 

municipality,marsala Tita 36, 17523 preševo 

Tel. +381 (0) 17 669 137; 660 110 

fax: + 381 (0) 17 660 320 

email: kanc.ler-presevo@hotmail.com; languages spoken: 

serbian, albanian, english, German and Turkish 

full support for 

investors 

a key transport town, priboj 

is crossed by the main belgrade 

-bar railway 

The town and municipality of Priboj is located in 

south-western Serbia’s Lim River valley, within the 

border triangle of Serbia, Montenegro and Bosnia 

and Herzegovina (Republika Srpska). 

A key transport town, Priboj is crossed by the 

main Belgrade-Bar railway connecting the Serbian 

capital to Podgorica and the Adriatic coast. 

Priboj covers an area of 552 square kilometres. 

Arable land covers a third of the total area, while forest 

land takes up around 62%. 

The economic potential of Priboj municipality 

is being sought in the development of the SME sector, 

agriculture and tourism, but also in the development 

of transport vehicle technologies, heavy industry 

and the chemicals industry. 

Priboj’s potential for tourism development lies 

in the expansion and redevelopment of the Priboj 

Spa complex, renowned for its thermo mineral 

springs since Roman times. 

The advantages of the municipality include an 

educated and affordable workforce and an excellent 

geographical position. 

The local government offers full support for investors, 

as does the Serbian state. 

The municipality of Priboj ensures the swiftest, 

most effective and cheapest way to obtain all permits 

and approvals applicable under its jurisdiction. 

Depending on the size and type of investment, 

direct agreements are possible with regard to all local 

fees and taxes. 

The most important investors actively present 

in the municipality of Priboj are Swisslion Markets, 

Delta Holdings and Spy & Wellness. 

contact LaZar rvoviĆ, 


12. Januara 108, 1330 priboj 

Tel: +381 (0) 33 445 648; fax: +381 (0) 33 445 446; 

e-mail: opstinapb@ptt.rs; www.priboj.org.rs 


assistance 

available 

The municipality is ready to attract 

potential investors by earmarking 

sites for their further development 

The municipality of Prokuplje covers an area of 

759 square kilometres in southern Serbia’s Toplica 

county. Prokuplje’s proximity to the pan-European 

Corridor 10 and good transport connections add to 

it’s attractiveness. 

Apart from the metal, non-metal and textile industries, 

the local economy is dominated by the 

agro/food sector, with the gradual development of 

the private sector consisting of small businesses 

and entrepreneurs. There are a number of small and 

medium-sized enterprises (SME) in the municipality. 

The greatest number of small companies operate 

in the field of trade, mining, financial and other 

services. 

The advantages of Prokuplje in terms of the development 

of the SME sector include the existence 

of production facilities, the availability of a qualified 

workforce and the willingness of the municipality 

to assist in SME development through an offer of 

free urban land. 

The municipality is ready to attract potential investors 

by earmarking sites for the further development 

of SMEs and assisting through the existing office 

for local economic development, as well as by 

combining potential partnerships of the public and 

private sectors and by offering an ecologically clean 

environment. 

Prokuplje boasts three locations for investors, 

though they are yet to be equipped with appropriate 

infrastructure. These sites are: Pojate - Northern 

Zone; Berilje - Western Zone; Solun - Central Zone. 

All necessary permits can be obtained in two 

weeks. 

contact miLan arsoviĆ, president of the 

municipality, nikodije stojanovic 2, 18400 

prokuplje; Tel: +381-27- 324-040 

e-mail: info@prokuplje.org.rs 

website: www.prokuplje.org.rs 



Geographically 

Great 

agriculture in the municipality 

plays a very important role in its 

overall economy 

raČa raŠKa raŽanJ 

rich tourist 

offering 

The main tourist potentials of 

the municipality of raska are the 

kopaonik and Golija mountains 

attractive 

Location 

The employment level of 96 

employees per 1,000 inhabitants 

shows how far ražanj is lagging behind 

Rača municipality is situated in the eastern 

part of Sumadija and includes the basin 

of the middle and upper streams of the Raca 

River. Modern roads contribute to the favourable 

geographical position of Raca municipality. 

Sumadija’s main road: Markovac-Raca-Natalinci- 

Topola-Arandjelovac-Lazarevac passes through 

its territory, which connects the Belgrade-Nis 

motorway to the east with the Ibar main road 

to the west. 

There 46 companies in Raca municipality. 

Companies are divided into: agriculture, forestry, 

water industry, processing industry, retail, wholesale, 

repairs, and other sectors. Agriculture in the 

municipality plays a very important role in its overall 

economy. It is the leading industry by volume of 

production. 

There are two industrial zones in Raca municipality: 

Industrial Zone I is situated in the south-west 

part of the town and is connected to the M4 road. 

This zone covers 23 hectares. Industrial Zone II is 

situated in the southern part of the town and covers 

nine hectares. The most significant investor is 

Yura Company, which purchased the former Zastava 

Elektro Factory. 

Raca municipality is in the process of enacting 

decisions that will release potential investors from 

paying fees for regulating construction lots. Another 

benefit is that of a tax release for companies during 

their first year of business. The timeframe in which 

investors can acquire necessary permits is two to 

three months. 

contact DraGana ŽivanoviĆ, head of the 

urbanism and construction department 

Tel: +381 34 751 796 

cell: +381 64 808 40 21 

e-mail: dragana.prokic@raca.rs; website: www.raca.rs 


The municipality of Raska has good traffic connections. 

Raska is 252 km from Belgrade, and the 

closest airport is 160 km away in Nis. The municipality 

of Raska occupies the area of 670 square kilometres 

and has 26,981 inhabitants. 

The leading branches of the economy are tourism, 

agriculture, industry and mining. The largest 

number of companies work in the processing industry, 

followed by trade and agriculture, water 

management and forestry, stone and ore mining. 

The need to further improve the technology 

of processing by introducing certified quality systems 

is evident. 

In addition to the food industry, agriculture represents 

a sector which, bearing in mind the natural 

characteristics and structure of the population, 

can represent strong potential and initial stimulus 

for progressive economic development in the municipality 

of Raska. Agriculture is primarily characterized 

by animal husbandry, fruit-growing and beekeeping, 

with production ranging from extensive to 

semi-intensive. About 47.1% of the total area of 

the municipality of Raska is agricultural land. There 

are185.7 hectares of land intended for economic. 

The main tourist potentials of the municipality 

of Raska are the Kopaonik and Golija mountains, 

Josanica Spa (Josanicka Banja), the River 

Ibar, natural rarities and the rich cultural and historical 

heritage. Investors can receive all necessary 

permits and consents within the prescribed 

legal deadline. 

contact DraGiŠa iLiĆ, 

president of the municipality of raska, 

predraga vilimonovića 1, 36 350 raška 

Tel: +381-36-736-281; fax : +381-36-736-204 

email: radenko.cvetic@raska.org.rs 

website:www.raska.org.rs 

The municipality of Ražanj has a favourable 

location at the crossroads of the Balkan and 

Carpathian mountains and the basins of the Great 

Morava and Southern Morava rivers. The municipality 

is part of the Nišavski district and covers an area 

of 289 square kilometres. 

The pan-European Corridor 10 (Belgrade-Niš- 

Thessalonica-Athens) passes through the municipality. 

The municipality has 23 villages and its central 

town of Ražanj is 55 kilometres from Niš toward 

Belgrade. 

Most companies that operate in the municipality 

are micro-enterprises (one to five employees), with 

only a few companies in the ‘small’ range of five to 

50 employees. Razanj has no medium or large companies. 

Municipal authorities are in favour of the development 

of the SME and broader private sector. 

The greatest number of workers are employed 

in the processing industry, followed by the wholesale 

and retail trade sector, health and social work 

and education. 

Companies operating successfully in Ražanj include 

the non-ferrous metal foundry 14th October, 

producers of metal constructions Metaloprerada 

and Gerber-Export. 

The employment level of 96 employees per 

1,000 inhabitants shows how far Ražanj is lagging 

behind other municipalities in central Serbia and 

the Nišavski district. 

Ražanj has 16,926 hectares of agricultural land, 

which represents 59% of the municipality’s total 

surface area. The structure of the agricultural area is 

characterised by a large proportion of arable land. 

contact DoBrica stoJKoviĆ, municipal 

president, so ražanj, 37215 ražanj 

Tel: +381-37-841-217; 

fax: +381-37-841-225 

email: opstinarazanj@gmail.com; website: www.razanj.org 

language spoken: english and serbian 


priJepoLJe 

Development of small 

companies 

The most common branches of 

economy are trade, civil engineering 

and processing industry 

DraGoLJuB ZinDoviĆ 


of prijepolje 

"potentials for usage 

of the bio-masses are 

available" 

contact: 

svetLana sLoviĆ 

bratstva i jedinstva square 1 

31300 prijepolje 

phone number: 033 712 733 

fax 033 712 729 

mobile phone: 064 856 0427 

e-mail: oprijep@gmail.com 

web site www.prijepolje.rs 

foreign languages: english 

Prijepolje is located in south-west Serbia, 

at the tri-border of Serbia, Montenegro 

and Bosnia and Herzegovina. It is 30 km 

away from the Montenegrin border, and 35km 

away from the BiH border. It is the second municipality 

by size in the Zlatibor district. It encompasses 

827 square kilometres. The municipality 

has 41,188 people, which is 13.14% of 

the total number of inhabitants of the Zlatibor 

district. 15,031 people out of that number live 

in urban area. 

M21 and M8 to Montenegro, as well as the 

Belgrade-Bar railroad, pass through Prijepolje. 

aDvantaGes 

Favourable location, possibilities for 

Greenfield investments in the Industrial zone 

(2.5ha- 13 lots), conditions for Brownfield investments, 

30,000 square metres of available 

space, experience of the working force in textile, 

shoe-making and machine industries. 

Available potentials for usage of bio-masses 

(27 millions of kilowatt hours of electrical power), 

small water streams 

where mini-hydro-power 

plants could be constructed, 

potentials in the wood 

industry, the biggest potential 

of drinking and 

bottling water in southwest 

Serbia, deposits of 

lead, copper and zinc 

ores. Good conditions for 

development of agriculture, 

fruit and 

vegetable production, 

and tourism in 

particular. 

economY 

Development of the economy of Prijepolje 

has been stagnating for a long period of time. 

Causes of the municipality’s under-development 

are in the unsuccessful privatizations of 

public systems, unused capacities and out-dated 

technology. 

The municipality is actively working on the development 

of small and medium companies and 

the attraction of foreign investments. The most 

common economic branches are trade, civil engineering 

and processing industry. In the processing 

industry sector, textile, machine and chemical industries 

are leaders. 


Considering the fact that privatization has 

been unsuccessful for the most part, municipal 

activities are aiming at boosting the small and 

medium companies’ development. Near the 

trunk road from Belgrade to the coast, not far 

from the Belgrade-bar railroad, the municipality 

has infrastructurally equipped the Industrial 

zone with 13 lots, which would be offered to 

interested private businesspersons under very 

favourable conditions. 

If all other approvals have been acquired, 

the municipality issues the working permit within 

seven days. 

the eu is financing a foreign 

cooperation project with montenegrin 

municipality berane- sustainable 

tourism for equal chances 

Investors 

Emilio Stecher AG, 

Switzerland, marble and 

granite blocks’ interior 

and exterior production 

ProJects 

Prijepolje municipality 

has ideal conditions 

for projects of cooperation 

from abroad. 

Currently, several 

projects financed 

by the EU are being 

realized, and one 

of them is the foreign 

cooperation project with Montenegrin 

municipality Berane- Sustainable tourism 

for equal chances. 

The second project is the construction of 

the waterworks in the Kolvrat business zone, 

which would have a direct influence on promotion 

of the economy. ■ 


InTervIew DraGoLJuB ZinDoviĆ presIdenT of The munIcIpalITy of prIJepolJe 

inadequate 

privatization 

high unemployment is the biggest 

problem in the municipality and that is due 

to the very bad and unsuccessful execution 

of privatization of most of the stateowned 

companies 

• In your capacity as the municipal president, 

how can you contribute to improving 

both the social and economical standing 

of Prijepolje’s residents? 

- The differences between developed and 

undeveloped municipalities in Serbia are 

quite noticeable. Also, many residents have 

been migrating to bigger and more developed 

cities. Both local and state authorities 

need to be more engaged in tackling these 

problems. Undeveloped municipalities need 

more help from the state and European institutions. 

The municipality did make an initial 

step by drafting and adopting strategic 

documents. In 2010, we devised ‘The 

Strategy for Sustainable Development of 

the Municipality 2010 / 2015’, and we are 

currently working on drafting a 

spatial plan and a detailed regulation 

plan. 

In addition to that, we are engaged 

in setting up an industrial 

zone, which is being leased to investors 

under very favourable terms. We are also 

working hard on developing agriculture and 

tourism. The municipality has excellent conditions 

for fruit and vegetable growing, cattle 

breeding and organic farming. One of 

our priorities is investing in human resources 

since you can never go wrong with investing 

in know-how. 

• What are the biggest problems that the 

residents of the municipality of Prijepolje 

have been facing? 

- High unemployment is the biggest problem 

in the municipality and that is due to 

the very bad and unsuccessful execution of 

privatization of most state-owned companies, 

particularly textile ones. 

We have recorded a 49.2% drop in the 

employment rate, i.e. the number of employed 

persons fell from 10,557 to 5,371 

in late 2010. Compared to 2009, the 

number of employees fell from 5,788 to 

Prijepolje is the number one when it comes 

to biomass – woodchips which can be used for 

heating and production of panelboards 

5,371 which is a 7.2% drop. If we compare 

these figures to the 2007 ones, than the 

decline is 22.5%, i.e. the number of employed 

persons fell from 6,925 to 5,371. 

Private companies and SMEs simply cannot 

take on so many workers that have been 

left without jobs following the badly executed 

privatizations. 

• When we say Prijepolje, the first thing 

that comes to our mind is vlade Divac. 

aside from the sport brands, what other 

brands does Prijepolje have? 

- The municipality is working on developing 

small-size companies, primarily textile 

and wood processing ones. When it comes 

to textile processing, our strength lies in the 

production of work and protective clothing. 

Trendteks Company is the leader in this sector 

in Prijepolje. The wood processing industry 

also has a great potential. Prijepolje 

is the number one when it comes to biomass 

– woodchips that can be used for the 

heating and production of panelboards. Jela 

Company is the leader in that sector. 

We are also very proud of our rich cultural 

and historic heritage like the famous 

fresco ‘White Angel’ which is kept in the 

Mileševa Monastery. The beauty of the nature 

here, clean water and air are all an excellent 

recommendation for the development 

of active tourism. 

• how would you rate the efficiency 

of the local administration 

and what sort of projects 

would you like to implement? 

- In the last few years, a lot has 

been done on improving communication 

with local businesses, and we have put together 

a project unit that is engaged in preparing 

EU-funded projects. 

In 2010, the municipal authorities built 

a bridge on the Lim River in Prijepolje, an 

industrial zone and a residential building 

for people on welfare, as well as modernized 

the road to the village Vinicka and built 

several sports grounds. 

Our goal is to implement projects that 

primarily pertain to environmental protection. 

We are also keen to finish building 

the regional landfill and a wastewater filtering 

facility. ■ 


eKovac 

the municipality in 

central serbia 

The agricultural sector contributes the most to the local Gdp, with branches 

such as fruit farming, viticulture, livestock breeding, crop farming and 

landscape gardening 

Dr DraGan proDanoviĆ 


of rekovac 

“the agricultural sector 

contributes the most to the 

local GDp” 

contact: 

Dr DraGan proDanoviĆ 


svetozar markovic 2, 35260 

rekovac 

Tel: +381-35-711-004 

fax: +381-35-711-196 

e-mail: predsednikrekovac@gmail. 

com; sorekovac@gmail.com 

website: www.rekovac.org.rs 

languages spoken: serbian and 

english 

The municipality of Rekovac is located in central 

Serbia, in southeast Sumadija. 

Rekovac covers an area of 366 square 

metres, which represents 13.95% of the total 

territory of Pomoravlje county. The municipality 

comprises 32 settlements. 

The municipality’s territory includes two distinct 

natural areas: around 3,700 hectares of lowland 

areas and 32,000 hectares of mountain area. 

Rekovac’s transport 

connections to other 

municipalities are generally 

good, though the 

area has many dilapidated 

roads that are 

poorly maintained. The 

total length of roads in 

the municipality is 179 

kilometres, of which 

120 kilometres is modern 

roadway. 

Some 70% of the 

total population live in agricultural 

households, while 

a massive 90% of the total 

working population is engaged 

in agriculture. Based 

on this data, it can be concluded that the municipality 

of Rekovac is a typically agricultural municipality. 

The greatest percentage of local workers are 

employed in the processing sector (43.3% of all 

employed residents), while the municipality has 

about 228 independent shops and traders. 

The agricultural sector contributes the most 

to the local GDP, with branches such as fruit farming, 

viticulture, livestock breeding, crop farming 

and landscape gardening. 

The dominant crop is wheat, with an average 

annual yield of about 2700 kilograms per hectare. 

Barley and oats are also significant components in 

terms of improving the quality of animal fodder. 

Rekovac’s rolling hills and mountain villages 

the construction of the first 

section of the water-supply 

facility is pending in rekovac 

lend themselves perfectly to the further development 

of tourism services. The municipality boasts 

several well-known tourist locations including the 

monastery Kalenić. 

maIn PIPeLIne 

The construction of the first section of the 

water-supply facility is pending in Rekovac. This 

is a 15-km-long pipeline and the project is implemented 

with the 

help of the Agriculture 

Development Fund. The 

Ministry of Agriculture, 

Forestry and Agriculture 

/ Water Directorate has 

allocated the money for 

the project. The entire 

project is covered financially, 

with Rekovac paying 

20% of the overall 

costs, i.e. 7,412,762 dinars. 

Also, the main street in 

Belušić is being reconstructed. 

The money for this investment 

came from the 

Belgrade City authorities, 

while the Ministry of Sport is financing construction 

of mini-football pitches with artificial turf. 

tourIsm 

Rekovac is located in a hilly area known by the 

historical name of Levač and is considered a relatively 

young settlement. 

Although undeveloped, the municipality of 

Rekovac did accomplish good results in hunting 

and eco-tourism. One of the biggest problems 

that the municipal authorities are facing today 

is the local population being fairly disinterested 

in developing tourism. There is great potential in 

hunting and eco-tourism, as well as in organized 

visits to many of the local monasteries. ■ 


sJenica smeDerevo soKoBanJa 

Desired Goods 

potential 

Great potential for the development 

of livestock breeding 

centre of steel 

The u.s. steel industrial zone is 

located seven kilometres to the 

south-east of the city 

a favourable 

climate 

sokobanja is one of the oldest tourist 

destinations in serbia, with abundant 

natural resources 

The municipality of Sjenica is situated in the 

Zlatibor district of Serbia. Sjenica municipality covers 

an area of 1,059 square kilometres - making it 

the largest in Zlatibor. 

The municipality’s most important road is 

the Raška-Novi Pazar-Sjenica-Nova Varoš main 

road, which links the Ibarska highway to the main 

Zlatibor road. 

Sjenica’s economy is dominated by the 

processing industry (textiles and textile products, 

meat and meat products, milk and dairy products) 

and agriculture. 

There is great potential for the development of 

livestock breeding - as a base for the development 

of the meat and dairy industry - that is currently insufficiently 

realised. 

Products, such as cheese and prosciutto are ‘desired 

goods’ all over Serbia, but capacities for the 

production of these products is also insufficiently 

developed. 

The Sjeničko-Pešterska plateau, with numerous 

rivers, mountains, lakes, caves, fields and pastures, 

is one of many unique tourist destinations in 

Serbia. Accordingly, the municipality has prospects 

for the development of rural tourism, based on its 

preserved and unspoilt nature, and numerous archaeological 

sites. 

Sjenica has the cleanest rivers in Serbia. Boasting 

large stocks of all sorts of freshwater fish, Sjenic’s 

waterways are particularly appealing to competing 

anglers and amateur fishermen. An average water 

temperature of 26º C and the fact the municipality 

has vast forests with game animals, provides opportunities 

for the development of hunting tourism. 

contact muriZ turKoviĆ, municipal 

president, kralja petra I, 36310 sjenica 

Tel: +381-20-741-278 

fax: +381-20-741-288 

email: sosjenic@verat.net; website: www.opstinasjenica.co.rs 

languages spoken: serbian and German 

Smederevo is a city in the north-east of 

Serbia, in the Podunavlje district. It is situated on 

the banks of the Danube. The basic potential of 

the city of Smederevo is its extremely good geographic 

and traffic position between the two 

European corridors - continental Corridor 10 and 

the Danube 7. 

The U.S. Steel industrial zone is located seven 

kilometres to the south-east of the city, and it is 

also the most significant position of development 

of the city. It is linked with the production of raw 

iron and steel - a segment of black metallurgy. The 

zone covers an area of around 300 hectares, and 

has high techno-economic values 

Industrial Zone West of the Centre - The traditional 

zone of the old ironworks, on 21 hectares, also 

has a multi-structural character and a high level 

of techno-economic characteristics. 

Industrial Zone in Godominsko Polje – This 

zone is located to the north-east of the city and 

it is divided into several sub-zones. The existing 

industrial zone covers the area of 101.3 hectares. 

Salinacki Put sub-zone covers 15 hectares. The 

sub-zone located by the main road of the industrial 

zone has a multipurpose character and it covers 

the area of 36.86 hectares. 

A project involving constructing infrastructure 

for the new industrial zone (84 hectares) 

is being worked on. The plan of detailed regulation 

has been enacted and finding solutions 

to ownership and other project issues is being 

advanced with the support of the National 

Investment Plan. 

contact ZDravKa KovaceviĆ vasiĆ, 

head of local economic development department 

omladinska 1, smederevo, 11 300 

Tel: +381 26 221 724 ext: 1610; fax: +381 26 223 354 

e-mail: zdravka.kovacevicvasic@smederevo.org.rs 

website: www.smederevo.org.rs 

The municipality of Sokobanja covers an area 

of 525 square kilometres and is linked to the 

Belgrade-Niš E-75 motorway. The Žitkovac railway 

station is 35 kilometres from Sokobanja and is 

connected to the Belgrade-Niš railway. The nearest 

airport is Constantine the Great Airport in Niš 

(60 kilometres). 

The municipality’s economy is fairly heterogeneous, 

with local revenue structures showing that 

the dominant branches here are agriculture, forestry 

and water supply, followed by retail trade and industry. 

Sokobanja is one of the oldest tourist destinations 

in Serbia, with abundant natural resources 

(thermo-mineral springs and attractive geological 

features), scenic countryside, a healthy environment, 

a rich cultural and historical heritage and a favourable 

climate. 

The existing municipality’s general spatial plan 

envisages a site comprising three individual zones: 

the working zone, the industry zone and the arts and 

crafts zone. 

Land plots that are available to investors include: 

15.1 hectares at the Podina site ideal for 

sports and recreational facilities; there are 9.3 hectares 

of land suitable for residential and business 

construction. There is a location stretching across 

18.8 hectares in the vicinity of the forest, making it 

suitable for tourist facilities. 

Each investor will be assigned a personal investment 

consultant to guide them through all procedures, 

thus ensuring that relevant permits can be 

obtained in the shortest time possible. 

contact DimitriJe LuKiĆ, 


svetog save 23, 18230 sokobanja 

Tel: +381-18-830-030; fax: +381-18-830-253 

e-mail: invest@opstinasokobanja.com 

website: www.opstinasokobanja.com 


smeDerevsKa paLanKa 

abundance of 

Geo-thermal Water 

natural resources enable the development of tourism, 

industry and agriculture 

ŽivKo petroviĆ 

president of the municipality of 

smederevska palanka 

“municipal authorities are 

willing to lease out land here 

for free to investors” 

contact: 

the LocaL economic 

DeveLopment office 

vuka karadžića 25 

11420 smederevska palanka 

Tel/fax: 026/321-087/ 

321 – 087 

e-mail: ler@smed-palanka.rs 

website: www.smed-palanka.rs 

The municipality of Smederevska Palanka is 

located in the north-east section of Šumadija. 

It is 80 km away from Belgrade, and only 8 

km (via air) from the Corridor X. 

If you want to get from Belgrade to 

Smederevska Palanka, you can use the Corridor 

X, i.e. E-75 motorway from four directions – 

Mladenovac (14 km away), Kolari (27 km away), 

Požarevac via Mihajlovac (25 km) and Velika Plana 

(12 km). 

Smederevska Palanka 

is well-connected to 

Central Serbia by regional 

roads Smederevska 

Palanka-Rača-Kragujevac 

(50 km) and Smederevska 

Palanka-Topola-Rudnik 

(56 km) which serve 

as links to the Ibarska 

motorway. Also, the 

Belgrade-Niš railway (26 

km long) passes through 

the municipality and the 

railway station here has an 

industrial track that leads 

to the industrial complex 

Goša. The municipality 

covers an area of 422 

square kilometres and has 

56,011 residents. In April 2011, the average net 

salary per employee was 31,006 dinars. 

the industrial zone in the 

Kolonija quarter covers an 

area of 40.5 hectares with 25 

hectares still available 

corPoratIve aDvantaGes 

Natural resources, abundance of geo-thermal 

mineral water; Long tradition and experience in 

industry; Production and spatial capacities suitable 

for brownfield investments; Stable energy 

supply; Consolidated and meliorated farmland; 

The Goša Institute and The Institute for 

Vegetable Growing; Close proximity to Corridor 

10 and Smederevo Port; Commerce and banking 

developed. 

Industry sector - industry, agriculture, construction, 

transport and communication, tourism, manufacturing, 

engineering, science and research in the 

metal processing industry and vegetable growing. 

LocatIons suItabLe For Investments 

The industrial zone in the Kolonija quarter 

covers an area of 40.5 hectares with 25 hectares 

still available. The town centre and railway station 

are 2.5 km away and Smederevska Palanka- 

Smederevo road only 50 metres away. There is a 

detailed regulation plan 

in place and, in terms of 

infrastructure, there is 

paved access roads, electricity 

grid, water and gas 

supply systems. 

The location called 

Guberaš lies on the 

R-107 regional road 

(Smederevska Palanka- 

Velika Plana) and it covers 

an area of 30 hectares. It 

is 4 km from the town. 

Municipal authorities 

are willing to lease 

out land here for free to 

those investors who plan 

to set up production facilities 

and create new jobs. 

Depending on the size and the purpose of the facility, 

an investor can obtain required permits in 

the space of one to six months. 

most ImPortant Investors 

Žos Trnava AS, Slovakia – producer of trains; 

Atlantis Group, Croatia – producer of non-acoholic 

beverages; Metal-Produkt, Serbia – production 

of aluminum and steel sheet profiling machines; 

Agrokor (Idea), Croatia – supermarket chain; DIS, 

Serbia – supermarket chain. 

Smederevska Palanka has a sports airport, 

Rudine, which can be used for commercial 

purposes. ■ 


surDuLica sviLaJnac svrLJiG 

Development 

underway 

surdulica municipality is located 

in the pčinjski district of southeastern 

serbia 

trade and 

crafts centre 

alluvial soil, which is perfect for the 

production of crops, is predominant 

in svilajnac 

suitable for 

hunting 

agriculture is the most important 

economic sector in svrljig 

Surdulica municipality is located in the 

Pčinjski district of South-eastern Serbia, along 

the Mesurićko area in the basin of three rivers: 

Vrle, Jerne and Božićke. It also covers part of the 

Vlasinska plateau. Surdulica covers 628 square kilometres 

and it is located within the network of 

the main roads in Serbia. On the western side, via 

Vladičin Han, Surdulica is able to access the South 

Morava and the main north-south road corridor 

(M1), as well as rail lines from Niš to Skopje and a 

major crossing of the east-west road M1-13. 

The largest share in structure of realised income 

is in the industries of electricity and water 

production (65.5%), and trade, tourism and catering 

(13.7%), while a very small part is made up of 

agriculture, forestry and fisheries (10.3%). In total, 

in the municipality has 120 registered business entities 

engaged in activities of the primary and secondary 

sectors. 

Surdulica’s strategic development plan for 

the period from 2007 to 2011 has the following 

priorities: preparing development, planning, 

urban and technical documentation for the purpose 

of economic development, organising profitable 

agricultural production based on market 

principles, establishing preconditions for the 

development of the SME sector, improving infrastructure 

and creating conditions for the development 

of infrastructure and industrial parks, 

expansion of regional economic and cultural cooperation, 

as well as improving services for economic 

development. 

contact novica tonČev, 


kralja petra I 1, 17530 surdulica 

Tel: +381-17-815- 041; fax: +381-17-815- 270 

email: info@surdulica.org; website: www.surdulica.org 


Svilajnac is located in the Pomoravlje district. 

A seven kilometre long regional road connects 

Svilajnac with Corridor 10, which is an exceptional 

strategic location. There are around 25,511 inhabitants 

living in the municipality. Alluvial soil, which 

is perfect for the production of crops, is predominant, 

and also, Svilajnac has always been known as 

a trade and crafts centre. 

Bearing in mind the undiminished interest of investors, 

another similar 23 hectare zone will soon be 

opened. The new industrial zone is fully equipped 

in terms of infrastructure. 

Up-to-date administration provides, and issues, 

all necessary permits for the construction of production 

facilities within 30 days, following an urgent 

procedure. It was, and still is, one of the advantages 

local authorities have for attracting investors. 

Svilajnac will be the first city in Serbia, as 

well as in the Balkans, where a Nature Centre will 

be constructed, with the main exhibit being eight 

dinosaur replicas. Over an area of around 3,000 

square meters, in addition to workshops and an 

area for scientific research, there will be the exhibition 

area with original fossils as well as a 3D 

movie theatre showing science and documentary 

movies. 

The municipality (which initiated the project 

themselves), expect that the centre will be visited 

by around 120,000 people annually, due to the 

fact it is on Corridor 10, and is in the tourist region 

of central Serbia, where Resava cave and Manasija 

monastery are located. 

contact Gorica DimČiĆ-tasiĆ, 


svetog save 102, 35210 svilajnac 

Tel: +381 (0) 35 312 010 

email: predsednik@svilajnac.rs; website: www.svilajnac.rs 

languages spoken: english 

Svrljig is located in central Serbia, 25 kilometres 

north-east of the regional centre of Niš. 

Covering an area of 497 square kilometres, the 

municipality includes 38 villages and the administrative 

centre of Svrljig town. Svrljig is about 

250 kilometres from Belgrade and lies along the 

main road to Zaječar, Negotin and Bor. It is situated 

in a valley between the ranges of the nearby 

Svrljig mountains, which is itself separated 

by the river Svrljig Timok. Highland areas cover 

about 70% of the territory. 

According to the 2002 census, the municipality 

has 17,284 inhabitants, while the town of 

Svrljig has 6,705 inhabitants. This municipality 

recorded the lowest average earnings per employee 

in 2005. 

The municipality of Svrljig adopted a detailed 

regulatory plan for industrial zones, warehouses 

and service areas on a site between the existing 

“Progres” and “Herbogala” warehouses. This marked 

the commencement of activity aimed at preparing 

for the arrival of investment capital. 

Agriculture is the most important economic 

sector in Svrljig. It relies on livestock breeding, 

farming, fruit growing, beekeeping and the gathering 

of medicinal plants. 

Svrljig is counting the development of rural 

and hunting tourism, with its very beautiful natural 

conditions, and a large area covered by forests 

and mountains. The municipality of Svrljig is 

extremely rich in natural resources, but a lack of 

manufacturing capacity has resulted in the low 

national income in this area. 

contact miLiJa miLetiĆ, 


radetova 31, 18360 svrljig 

Tel: +381 (0) 63 416 996; fax: +381 (0) 18 821 178 

email: predsednik@svrljig.rs; website: www.svrljig.rs 



ŠaBac 

successful privatization 

In 2010, the serbian business Journalists club declared Šabac the town 

with the best economic future 

miLoŠ miLoŠeviĆ 

mayor of Šabac 

“Šabac is the town with the 

best economic future” 

contact: 

JeLena BoJiČiĆ 

Tel: 015/364-161 

fax: 015/364-161 

e-mail: jelena.bojicic@sabac.org 

address: Gospodar Jevremova 6, 

15000 Šabac 

website: www.sabac.org 

Šabac is located in north-west Serbia, on the 

right bank of the Sava River, 103 km upstream 

from Belgrade. The city covers an area 

of 795 km2 and has 123,000 residents. 

The main roads M-19 (Belgrade – Obrenovac 

– Šabac – Loznica – Mali Zvornik) and M-21 (Novi 

Sad – Ruma – motorway – Šabac – Valjevo - Užice) 

intersect in Šabac. The 

town is 20 km from the 

Belgrade-Zagreb motorway, 

60 km from Nikola 

Tesla Airport, 82 km 

from Belgrade and 73 

km from Novi Sad. The 

state border with Bosnia 

and Herzegovina is 35 

km, the border with 

Croatia is 40 km and 

the border with Hungary 

356 km away. 

economY 

Šabac’s economic development 

is dynamic with 

a positive domestic product 

due to advanced enterpreneurshp 

with heritage 

in commerce, as well as a 

long tradition in industrial 

production, a substantial 

number of privatized companies and many foreign 

investors operating in the area. 

The following industrial branches dominate 

the local economy – chemical processing, pharmaceutical, 

metal processing, machine building, 

food processing, construction, production of construction 

materials, wood processing, upholstery, 

textile and print industry. 

68% of the total population are people of 

productive ages. 12% of the work capable population 

has a university or junior college degree. 

In April 2011, the average gross salary was 560 

euros. 

There are nearly 4,500 companies in Šabac, 

including 31 banks and 6 insurance companies. 

there are nearly 4,500 

companies in Šabac, including 

31 banks and 6 insurance 

companies 


The North-West Industrial Zone carries the biggest 

development potential. The zone covers 921 

hectares of land, with 600 hectares owned by city 

authorities. The zone is still not divided into land 

plots which enables a potential investor to choose 

the size and position of a land plot to build on. 

The city authorities are obligated to provide 

a complete utility infrastructure 

in the zone 

which is 3 km from the 

town centre and lies 

along the M-19 main 

road and the river Sava. 

The zone is 24 km from 

Corridor X. 

The Detailed 

Regulation Plan for the 

North-West Industrial 

Zone envisages the construction 

of railroads 

leading to the zone so 

that future investors can 

have this transport mode 

at their disposal too. 

The zone is linked to 

the Belgrade-Zagreb motorway 

via the regional 

road that is 24 km long 

and leads to Sremska 

Mitrovica. 

The relevant permits are issued within 15 

working days. 

the most ImPortant Investors: 

US Steel, Aliance One Tobacco, Interex, Stada, 

Alas International, Intercell, Mercator. 

Šabac is the first town in Serbia that is ISO 

9001 certified. In 2008, the town was awarded 

for its consistent implementation of the Law on 

Free Access to Information of Public Importance. 

In 2010, the Serbian Business Journalists Club declared 

Šabac the town with the best economic future, 

while the Foundation for Quality Culture and 

Excellence (FQCE) gave Šabac the National Award 

for Business Excellence. ■ 


a high Quality vine 

Growing region 

topoLa 

Topola is a famous tourist destination thanks to oplenac 

The Municipality of Topola is located in the 

central part of Šumadija, on the crossroads 

of Belgrade-Kragujevac, Belgrade-Gornji 

Milanovac and Aranđelovac-Kragujevac routes. 

It is 80 km south of Belgrade, 40 km west of 

Kragujevac and it lies on the M-23 regional road. 

The municipality is only 35 km away from 

the Belgrade-Niš motorway 

and 100 km from Nikola 

Tesla Airport. The municipality 

doesn’t have a railroad 

and the nearest train 

station is in Mladenovac, 30 

km away. The municipality 

covers an area of 356 km2, 

it has 25,292 residents, 32 

inhabited places, one town 

and 31 villages. 

Over 75% of the 

population is engaged 

in agriculture. 

economIc 

branches 

Agriculture and tourism 

are the two most dominant 

economic branches in the area. 

There are 3,659 agricultural 

estates in Topola, which 

has one of the highest agricultural 

estate per capita ratios 

in the country. This is 

mostly a fruit and vine growing 

region. In the last ten 

years, high quality vine sorts 

have been grown here. Topola 

is a famous tourist destination 

thanks to Oplenac, 

but tourist accommodation here is sparse. The 

Oplenac Hotel in Oplenac is still not renovated, 

due to property and ownership issues, and is not 

completely operational. The Karađorđe Hotel in 

Jarmenovci is closed and it needs to be thoroughly 

reconstructed bearing in mind that it used to be 

a refuge centre for people who escaped the war 

in Croatia and Bosnia and Herzegovina. 

The industrial branches that are developed 

in this area are textile processing, construction, 

and metal and stone processing. Topola’s General 

Spatial Plan envisages four industrial zones which 

have some industrial capacities, as well as free 

land plots suitable for construction. 

Municipal authorities 

can provide infrastructure in 

the location of an investor’s 

choice, tax incentives and 

the issuing of relevant permits 

in the shortest time possible. 

The branches suitable 

for investing are agricultural 

processing and fruit processing 

(due to this being a region 

topola’s General spatial Plan 

envisages four industrial zones 

which have some industrial 

capacities, as well as free land plots 

suitable for construction 

rich in fruit), production 

of organic food and raw 

materials for food and 

pharmaceutical industries. 

Also, the area is 

suitable for developing 

sport, historical, recreational, 

rehabilitation and other 

forms of tourism. 

Investors 

Tri O Aranđelovac, Trnava 

Promet D. Trnava, Tombstone 

Aranđelovac, SVKR Bukulja - 

Granit Aranđelovac, Integral 

Topola, Karbon Topola, Mat 

produkt Vinča, Aleksandrović 

Wine Cellar, Agrofarm Vinča, 

Triopex Vinča, Stonemason 

Timotijević Topola, Marmor 

Hotavlje Belgrade, Manes 

Aranđelovac, ZZ Agrokooperativa Domaćin Vinča, 

Trnava Pan Kragujevac, Neša Petrol Topola, Hydro 

- Stone Lipovac and others. 

Good transport links and the accessibility of 

the municipality are some of the most important 

factors for the development of industry, tourism 

and agriculture. ■ 

DraGan JovanoviĆ 


“agriculture is the dominant 

economic branch” 

contact: 

Zora neDoviĆ 

coordinator at the local economic 

development office 

bulevar kralja aleksandra I br. 9 

34310 Topola 

Tel: 034/811-273 

fax: 034/811-771 

mob. 064/8614183 

e-mail: ler@topola.com 

website: www.topola.com 

languages: english (written) 


trGoviŠte 

industry and tourism 

There is a plan to build micro-power plants on the pčinja river 

DarKo tomiĆ 


“the town of 

trgovište is the municipality’s 

centre, and it lies on the 

tripušnica, Kozjedolska and 

Lesnička rivers” 

contact: 

miLoraD niKoLiĆ 

kralja petra I karađorđevića br.4 

17 525 Trgovište 

Tel. 017 / 452 207 

fax.017 / 452 709 

mob. 062 / 211 507 

and 063 / 559 153 

e-mal: kler.milorad@trgoviste.rs 

website: www.trgoviste.rs 

foreign languages: macedonian 

The Municipality of Trgovište is located in the 

far South-East of Serbia. In the south, it borders 

with Macedonia (the border is 47 km 

long) and the municipalities of Bosilegrad, Vranje 

and Bujanovac. The municipality’s altitude ranges 

from 480 to 1,800 metres. It stretches across an 

area of 370 km 2 and has 6,500 inhabitants. 

The town of Trgovište is the municipality’s 

centre, and it lies on the Tripušnica, Kozjedolska 

and Lesnička rivers, with the Pčinja River stemming 

from the latter. 

The very specific geographic features of the 

Municipality of Trgovište mean that the main 

transport links are based in river valleys. There are 

three regional roads that further branch into 400- 

km-long local roads. 

eXIstInG InDustrIaL caPacItIes 

Yumko Textile Company 

Crib Factory and Simpo Carpet Factory 

PPP Pčinja Trgovište 

has a coffee processing 

facility, it produces 

plastic packaging 

for dairy products, it also 

has a packaging centre, 

a drier, a cold storage facility, a fishpond (with 

Californian trout) of 60 ton capacity, forests, arable 

land and land suitable for construction. 

The footwear company Koštana was split into 

four, now very successful, companies that employ 

close to 350 workers. There are nearly 200 

legal entities in the municipality and 400 agricultural 

estates. 

The unemployment records show that people 

who are seeking employment are mostly trained 

in processing leather, are experienced in retail, 

as well as working in the textile industry. Most of 

these have completed business-orientated high 

school education. 

aGrIcuLture 

Due to fertile soil and a favourable climate, 

this area is suitable for growing fruits and vegetables, 

particularly potatoes. 

Collecting forest fruits and medicinal herbs, 

producing honey and local arts & crafts are also 

quite developed (close to 120 tons of blackberries 

there are many hunting grounds 

and fishing locations, as well 

as locations perfect for hiking, 

mountain and rural tourism 

and 200 tons of penny bun, chanterelle and other 

types of mushrooms are picked annually here). 

Advancing livestock breeding (particularly 

sheep and cattle), both in number and technology, 

is needed. 

ForestrY 

For the most part, the Municipality of Trgovište 

is covered in woods, i.e. 13,000 hectares or 35% 

of the total surface. 

tourIsm 

The hydrographic potential of the Pčinja River 

and its confluents, as well as the nearby mountains, 

flora & fauna, rural areas, pleasant climate 

and unspoiled nature are all important for tourism 

development. 

Also, there are many hunting grounds and 

fishing locations, as well as locations perfect for 

hiking, mountain and rural tourism. 

In order to fully utilize 

its tourist potential, 

the municipality needs 

hotels, additional attention 

paid to hunting reserves, 

the clean up of 

camp sites, construction of mountain lodges and 

the build of an all purpose accumulation lake. 

InDustrY 

The municipality has proven reserves of 120 

million tons of cement marl which is perfectly 

suitable for producing Portland cement. Also, 

there is a plan to build several micro-power plants 

on the River Pčinja. The zoning plan for Trgovište 

stipulates construction of an industrial zone near 

the Trgovište-Vranje regional road that will stretch 

across 2 hectares. The zone is currently not infrastructurally 

equipped. 

Municipal authorities have construction plots 

at their disposal and investors who hire more than 

five workers are exempt from paying the construction 

land regulation fee. Municipal authorities issue 

necessary permits within a month of the submission 

of application. 

In the last ten years, only the Vranje-based 

SIMPO Company has reconstructed and extended 

the local crib factory. ■ 


four industrial Zones 

The trading company ‘zapadna morava’ is now owned by the municipality and the 

entire 7.5 hectare area is ideal for the development of an industrial zone 

trsteniK 

The municipality of Trstenik is located in the 

central part of Serbia, around 200 kilometres 

south of Belgrade and borders the following 

municipalities: Kraljevo (in the west), 

Vrnjacka Banja (in the southwest), Aleksandrovac 

(in the south and southeast), Krusevac (in the 

east), Rekovac (in the north) and Varvarin (in the 

northeast). Trstenik is the economic, administrative 

and cultural centre of the municipality. The 

municipality occupies an area of 448 square kilometres. 

The Zapadna Morava river flows through 

the city. Most settlements in the municipality are 

located in the fertile valley of the river. The total 

length of roads in the territory of the municipality 

of Trstenik is 266 kilometres, and of this 193 kilometres 

are covered with modern roadway. Main 

roads cover 19 kilometres, regional roads 70 kilometres 

and local roads 168 kilometres. The municipality 

has an airport where tourist planes with 

up to 18 seats can land. Vrnjacka Spa (Vrnjacka 

Banja), the centre of Serbian continental tourism, 

is located 10 kilometres from Trstenik. 

defines the strategic courses of development in 

all aspects of citizens’ life. 

aGrIcuLture 

Fertile land, a favourable climate and a 

long tradition of agricultural production make 

agriculture an important economic branch for 

the municipality of Trstenik. The land is an important 

natural treasure of this municipality. 

About 63.1 percent of land is agricultural land 

- arable land, gardens, vineyards, orchards, 

pastures and meadows cover most of the territory. 

A large number of households participate 

in this type of production, especially after 

the privatisation of state-owned companies, 

when part of the active working population returned 

to this activity. The production of vine 

planting and vineyards was preserved, while 

the production of vegetables in open greenhouses, 

production of berry fruit and flowers 

replaced traditional farming cultures and animal 

husbandry. 

stevan ĐaKoviĆ 


of Trstenik 

"the land is an important 

natural treasure of this 

municipality" 

economY 

‘Zapadna Morava’, which was in the past a 

large trading company, is now owned by the municipality, 

and the entire 7.5 hectare area including 

infrastructure is ideal for the development of 

an industrial zone. Oncepowerful, 

state-owned 

companies have left behind 

320,000 square meters 

of commercial property. 

The general urban plan 

and the strategy of sustainable development for 

the Trstenik municipality is defined over four industrial 

zones. Two of these zones are equipped 

with infrastructure. Trstenik is a municipality with 

a large number of small and medium companies 

and a long tradition of entrepreneurship in the 

sector of industry, trade and crafts. Despite a 

large number of entrepreneurial shops and registered 

agricultural households, the productivity 

of small business is low. In 2009, the municipality 

of Trstenik adopted a strategy of sustainable 

development in the municipality, which clearly 

Fertile land, a favourable 

climate and a long tradition of 

agricultural production 

tourIsm 

The proximity of Vrnjacka Banja; the beautiful 

landscape in the hilly part of the municipality; 

the Zapadna Morava river (which flows 100 meters 

from Trstenik city centre); two beautiful monasteries, 

Ljubostinja and 

Veluce; historical and archaeological 

localities, remain 

completely unused. 

In addition to the natural 

beauty and historical heritage 

of the area, concrete investments in this sector 

are necessary to ensure a higher number of 

tourists and increase their expenditure. This sector, 

with much room for improvement, can have a 

positive influence on the small and medium business 

sector and agriculture. 

For Investors 

Depending on the type of activity and necessary 

documentation (feasibility study, permits issued 

by state bodies), permits are issued within 

two to four months. ■ 

contact: 

DraGiŠa troŠiĆ 

manager of the department 

of economy and sustainable 

development 

knjeginje milice bb, 37240 

Trstenik, 

Tel: +381-37-714-333 

fax: +381-37-712-530 

mobile. +381-63-102-50-30 


tutin uB uŽice 

free consultancy 

services 

The municipality boasts land 

suitable for an industrial zone, 

though it doesn’t have adequate 

infrastructure yet 

mining and 

agriculture 

The municipality of ub is the 

second biggest municipality in the 

kolubara region 

centre of 

Western serbia 

užice is one of the few cities in serbia 

that makes a surplus in trade with 

foreign countries 

The municipality of Tutin is located in the 

Sandžak district of southwest Serbia. It stretches 

across 741 square kilometres and includes 99 

towns, villages and hamlets. Tutin is located more 

than 300 kilometres from Belgrade. The M-2 and 

M-22 both pass through the municipality. 

The entire area has a mountainous character. The 

richness of pastures in the area of Gornji and Donji 

Pešter and forests in Mokra Gora, have contributed 

to the population of this area, primarily engaged in 

animal husbandry and the processing of wood. 

The dominant economic branches here are furniture 

production, wood processing, agriculture, 

dairy production, construction and retail trade. 

The municipality boasts land suitable for an industrial 

zone, though it doesn’t have adequate infrastructure 

yet. Local authorities are currently putting 

together plans and projects to construct a free industrial 

zone in Leskovo, near the Belgrade-South 

Adriatic motorway. 

Tutin authorities offer free consultancy services 

to potential investors, while offering several incentives, 

such as reduced utility costs and other fees. 

The branches most suitable for investments are 

organic food production, gathering/processing medicinal 

herbs and forest fruits, producing electricity 

from renewable energy sources, agriculture, construction, 

furniture production, wood processing, 

tourism and catering. 

Local authorities will issue the documents 

necessary to commence building works within 

two months. 

contact BaJro GeGiĆ, 


husein-bega Gradaščevića 7, 36320 Tutin 

Tel: +381-20-812-025; fax: +381-20-811-035 

email: razvojtutin@yahoo.com 

languages spoken: serbian, english and russian 

The municipality of Ub is the second biggest 

municipality in the Kolubara region and covers an 

area of 456 square kilometres. The municipality is 

50 kilometres from Belgrade. There is an industrial 

railway track that runs through the municipality 

that is suitable only for cargo transport. 

The most important economic branches in 

the municipality of Ub are agriculture and mining. 

Arable land covers close to 33 hectares (72.16% 

of the entire land area). Another important economic 

branch is mining. Aside from agriculture 

and mining, the construction industry is very important 

here. There are also abundant raw materials 

for the production of construction materials 

such as stone, quartz and white clay. 

In addition to natural and economic potentials, 

tourism also has the potential to become 

widely recognised in the region, provided that 

new investments are made in that sector. 

The municipality of Ub offers the following 

incentives to investors: 1) reduction of or exemption 

from paying property tax, a local utility 

fee, a land utilisation fee, a land development 

fee, an environmental protection fee, general 

administration fees and a land lease fee, 

2) co-financing (money is provided from a special 

budget fund) of the fee if investors wants 

to change the land purpose and co-financing of 

the zoning costs. Municipal authorities also provide 

incentives to investors who create a certain 

number of new jobs. 

contact vLaDisLav KrsmanoviĆ, 

municipal president, 3. october 4, 14210 ub 

Tel: +381-64- 816-07-13 

e-mail: predsednik@opstinaub.org.rs 

website: www.opstinaub.org.rs 

languages spoken: serbian, english, french and Italian 

The city of Užice is located in western Serbia 

and represents the administrative, commercial, social 

and cultural centre in that part of Serbia. The 

main feature of Užice is its location at the heart 

of South-eastern Europe. Two significant roads 

pass through Užice: the European road E-761 and 

the E-763. The most significant railway in Serbia, 

Belgrade-Bar, passes through Užice. It enables the 

low-cost and quick transport of goods and people. 

In addition there is also a cargo terminal. The airport 

Ponikve is located in the vicinity of Užice, 15 

kilometres away. 

Užice is one of the few cities in Serbia that 

makes a surplus in trade with foreign countries. 

The leading sectors are the metal industry, coloured 

metal processing, the textile industry and 

wood industry. 

The industrial area covers around 125 hectares 

of the city’s territory. In the town of Sevojno 

there is the Free Zone. The Free Zone is located in 

the Sevojno industrial zone and there are greenfield 

and brownfield locations within the Free 

Zone that are accessible to potential investors. 

RZ Sevojno L (greenfield) covers an area 

of 2.96 hectares. The industrial zone Sevojno D 

(greenfield) covers an area of 38 hectares, but it 

lacks communal infrastructure. Bojovica Vodenica 

covers 0.62 hectares and it has communal infrastructure. 

The potential industrial-commercial 

zone Ada Vrela covers 3.46 hectares. The industrial 

zone Krcagovo covers 14.89 hectares and has 

complete communal infrastructure. 

contact Jovan marKovic, mayor 

dimitrija Tucovica 52, uzice, 31000 

Tel: +381 31 590 142; fax: +381 31 513 499 

e-mail: uprava@uzice.rs, svetlana.jm@uzice.rs 

website: www.graduzice.org 



stefil and Jablanica 

aside from the stefil industrial zone, the town also has the Jablanica location 

which is suitable for brownfield investments 

vaLJevo 

Valjevo is located in the west of Serbia. It 

covers an area of 905 km2 with an average 

altitude of 185 metres. The town has 

96,761 residents and is the administrative and 

business centre of Kolubara County. 

Motorways E-75 and Belgrade-Niš are just 90 

km from Valjevo (it is linked to motorways by regional 

roads) while the Belgrade-Požega motorway, 

which is currently under construction, is 20 

km away. 

The M-4 main road links the town to Central 

Serbia and Belgrade, while the M-21 serves as a 

link between Valjevo and North and South Serbia. 

Railroads: Belgrade – Bar and Valjevo – Loznica 

(under construction). 

The town is 95 

km from Nikola 

Tesla Airport, 80 km 

from Bosnia and 

Herzegovina and 145 

km from Croatia. 

The work-capable 

population, aged 

from 15 to 64, make 

up 66% of the entire 

town’s population. 

There are 7,895 

unemployed persons, 

with 2,262 of them 

trained in mechanics 

and electrics. 

InFrastructure 

Good water supply and sewage system, regional 

waterway system, good energy grid, remote 

heating system, stable digital telecommunications 

network, waste water filtering facility, 

town and regional landfill and a recycling facility 

(under construction). 


The town of Valjevo has the Stefil industrial 

zone that stretches across 14 hectares of land and 

is 3 km away from the town’s centre. It is located 

right next to the M-4 main road (Valjevo-Belgrade) 

and Belgrade-Bar railway. The zone is 9 km away 

from the small civil airport Divci and 70 km away 

from the Port of Šabac. Since it has quite a few industrial 

halls, this industrial zone is suitable for 

brownfield investments. 

In addition to Stefil, there is Jablanica, which 

covers a total of 9.5 hectares and is also a perfect 

location for brownfield investments. 

If we are talking about the structure of the 

economy in this area, the processing industry, commerce 

and agriculture dominate, while there is a 

lot of untapped potential in food processing, fruit 

growing and processing, production of fruit juice, 

cattle breeding, the slaughter industry, construction 

and construction 

material production. 

Also, there is the 

possibility of exploiting 

geo-thermal water 

springs. 

economIc 

PotentIaL 

Agriculture and 

food processing, 

chemical, metal and 

building material industry, 

printing, textile 

and leather, footwear, 

collecting and 

processing of industrial 

waste, wood 

processing, construction, 

trade, tourism and catering, transport and telecommunications, 

infrastructure, ecology. 

It takes municipal authorities five days to issue 

the official documents for registering a new 

company. 

In the last few years, a total of €40 million 

from FDIs was invested in Valjevo. 

It takes municipal authorities five 

days to issue the official documents 

for registering a new company 

the most ImPortant Investors 

Gorenje - Slovenia, Golden Lady - Italy, 

Austrotherm - Austria, Inter Marche – France. 

The town of Valjevo was certified by NALED as 

having a favourable business environment. ■ 

Zoran JaKovLJeviĆ 

mayor of valjevo 

”people are one of our 

biggest potentials” 

contact: 

tiJana toDoroviĆ 

head of the local development, 

economy and utility office 

mirJana teofiLoviĆ 

The local development and 

economy unit 

karađorđeva 64 

14000 valjevo 

Tel: 014 / 294 – 711 

fax 014 / 226 - 112 

e-mail: tijana@valjevo.org.rs and 

mteof@valjevo.org.rs 

website: www.valjevo.org.rs 

foreign languages spoken by local 

administration: english 


varvarin 

numerous investment 

possibilities 

varvarin is the administrative, economic, educational, cultural, health and 

transport centre of the municipality 

Zoran miLenKoviĆ 


of varvarin 

“the municipality has about 

70 companies” 

contact: 

Zoran miLenKoviĆ 


Trg marina marinović, 

37260 varvarin 

Tel/fax: +381-37-789-263 

email: sovarvarin@ptt.rs 

website: www.varvarin.org.rs 

languages spoken: serbian 

and english 

Varvarin is a small town and municipality in 

the Šumadija region of central Serbia. It is 

part of Serbia’s Rasina district and covers 

an area of 249 square kilometres. The municipality 

has 21 small settlements as well as the town of 

Varvarin, which is the administrative, 

economic, educational, 

cultural, health 

and transport centre of the 

municipality. 

comPanIes 

The municipality has 

about 70 companies, which 

are engaged in producing 

different goods ranging 

from secondary raw materials, 

food production, 

production of 

building materials, to 

commercial services. 

A number of local 

companies have 

entered the privatisation 

process, which 

is expected to lead to 

the increased functionality 

of factories 

and increased production 

in the municipality 

of Varvarin. At present, 

the economic capacity 

of Varvarin relies on PIK 

Varvarinsko Polje and the 

Brojler chicken farm. 

Together with the municipality 

of Ćićevac, 

Varvarin has formed a joint 

venture company with the 

American company L. A. International 

for the construction and subsequent distribution 

and maintenance of a gas pipeline network. 

tourIsm 

In addition to agriculture, Varvarin’s greatest 

potential lies in the development of tourism. 

The Varvarin area has all the necessary preconditions 

for tourism including the natural beauty 

around the Great Morava 

and Western Morava rivers, 

the River Kalenić and 

the forests of Juhora and 

Blagotina. Furthermore, 

tourism can also be developed 

to promote the area’s 

many memorial fountains, 

springs, excursion 

sites, historic and cultural 

monuments, churches and 

monasteries. 

together with the municipality of 

Ćićevac, Varvarin has formed a joint 

venture company with the american 

company L. a. International 

for the construction and subsequent 

distribution and maintenance of a gas 

pipeline network 

enerGY 

eFFIcIencY 

Ever since 2007, 

each year, on the 

23rd February, the 

municipality of 

Varvarin marks the 

Energy Efficiency Day. 

Varvarin is the first 

municipality in Serbia 

to have signed a memorandum 

of understanding with 

the Energy Agency. 

Thanks to the cooperation 

with GTZ, the Standing 

Conference of Towns and 

Municipalities and the 

Energy Efficiency Agency, 

Varvarin now has its first 

ever energy clock, located 

in the town square, that 

shows how much energy the street lighting is saving 

and what are the environmental benefits of 

modernizing the street lighting. ■ 


town With a soul 

local authorities provide exemption from paying the local business name fee and 

the land development fee as incentives for investors 

vranJe 

Vranje, is known by many as a town that 

has soul, and is situated in the very south 

of Serbia. Vranje is the economic, administrative, 

health, educational and cultural centre 

of the Pčinjski country. The municipality of Vranje 

stretches across 860 square kilometres and is one 

of the biggest municipalities in Serbia. It is comprised 

of 105 towns and villages, 32 local communities 

and 21 local offices. The town of Vranje 

has an excellent geographic position; it is situated 

on Corridor 10, and is 48 kilometres from the 

state border with Macedonia and 74 kilometres 

from the border with Bulgaria. The Niš and Skopje 

airports are 120 and 90 kilometres away respectively, 

which makes the town even more attractive 

for potential investors. 

economY 

Vranje has a long industrial tradition, primarily 

in wood processing, and also in the textile, tobacco, 

metal processing, machine building, chemical, 

agricultural, food and footwear industries. The 

biggest exporters here are Simpo and Alfa Plam, 

which are also considered the 

town’s brands. The arrival of 

British-American Tobacco solidified 

the town’s reputation as 

one of the most interesting investment 

locations in Serbia. 

The municipality’s development 

advantages lie in the qualified and versatile 

workforce (of 50 different professions). The municipality’s 

educational institutions, the National 

Employment Service and investors have established 

a good collaboration on re-training or providing 

additional trading for the workforce in order 

to meet investors’ needs. 

InDustrIaL Zones 

In accordance with the master spatial plan, 

several industrial zones have been developed 

here. The biggest companies in Vranje are all located 

in Radnička Street (Alfa Plam, Simpo, Yumko, 

Sanch, Zavarivač etc.). The privately-owned companies 

are mostly located in the industrial zones 

of Bunuševac and Suvi Dol. The industrial zone in 

the public sector here 

is considered to be one 

of the most proactive 

in the country 

Radnička Street has full infrastructure, while the 

infrastructure in the other two zones - Suvi Dol 

and Bunuševac - will be developed soon. 

InFormatIon For Investors 

Local authorities provide the following incentives 

for investors - exemption from paying the 

local business name fee and the land development 

fee. With USAID’s assistance, the local selfgovernment 

has also set up the Local Economic 

Development Office, in line with the one-stopshop 

principle, where potential investors will receive 

complete service. 

In accordance with the legally defined deadlines 

and relevant documentation, investors can 

obtain the required permits in 30 to 45 days. The 

following companies are the biggest investors in 

Vranje - British-American Tobacco, Simpo, Sanch, 

Kenda Farben and Danny Style, as well as numerous 

small and medium enterprises engaged 

in leather processing and footwear manufacturing 

who export their entire production, such as 

Decathlon and Progetti. In addition to modernising 

the services provided, local authorities 

have also relaxed local 

regulations (this process called 

‘The Regulation Guillotine’ was 

carried out in collaboration with 

the IFC - World Bank). In addition 

to these incentives, the 

municipality, helped by relevant institutions, has 

invested in the development and application of 

IT and infrastructure, which are some of the most 

important development factors. 

Local administration is continuously educated 

and ready to implement reforms, which has resulted 

in Vranje being the recipient of many state 

and international awards. The National Alliance for 

Local Development (NALED) has awarded Vranje 

with a certificate stating that the town has a favourable 

business environment. This is the crowning 

achievement of the long-term effort invested 

and a validation of the responsibility and reliability 

that the town’s public sector has. The public 

sector here is considered to be one of the most 

proactive in the country. ■ 

miroLJuB stoJČiĆ 

mayor of vranje 

"Local self-government 

provides incentives for 

investors" 

contact: 

BoBan stanKoviĆ 

assistant mayor for economy and 

local economic development Issues 

petog kongresa 1, 17500 vranje 

Tel: +381-17-402-334 

fax: +381-17-421-576 

mob: +381-64-890-75-05 

e-mail: privreda@vranje.org.rs 

website: www.vranje.org.rs 

languages spoken: english and 

serbian 


veLiKa pLana veLiKo GraDiŠte vLaDimirci 

World renowned 

Livestock 

The municipal authorities envisage 

the waving of building land 

development fees for investors 

Beautiful 

natural scenery 

The structure of the local economy 

includes sectors of agriculture, 

tourism and industrial processing 

Water nice 

investment 

The area has significant geothermal 

water and pure water sources 

The municipality of Velika Plana has a favourable 

geographical position, lying in the central area 

of the Republic of Serbia along the pan-European 

Corridor 10. It occupies an area of 345 square kilometres. 

Velika Plana is predominantly an agricultural-industrial 

area with fertile land. 

The Velika Plana Veterinary Centre is world renowned 

for its selection and breeding of livestock. 

Investments in this area of the economy represent a 

major development perspective for the municipality. 

Velika Plana already is well developed in the 

areas of the metal industry, building material and 

construction operators, trade, tourism and other 

industries. 

The municipality has two industrial zones: the 

south industrial zone, with a total area of approximately 

27 hectares (approximately 15 hectares of 

this is already equipped with municipal infrastructure); 

and the north industrial zone, which lies just 

1.5 kilometres from the ring-road link to Corridor 

10 and covers a total area of about 65 hectares (20 

hectares of which is already occupied for commercial 

purposes). 

The north zone boasts complete infrastructure 

in areas of the site that have been under construction, 

while the undeveloped area relies on existing 

infrastructure with the possibility of expansion. 

The municipal authorities envisage the waving 

of the building land development fee for investors. 

Licenses are obtained in the shortest possible 

time with respect to the legal terms and legal procedures. 

contact DeJan ŠuLKiĆ, 


miloša velikig 30,11320 velika plana 

Tel: 381 (0) 26 514 262; mob: 381 (0) 64 860 3203 

email: sovplana@verat.net; www.velikaplana.org.rs 


The municipality of Veliko Gradište is located 

in eastern Serbia. It covers an area of 344 square 

kilometres and has a population of 27,000. To 

the north, Veliko Gradište is bordered by other 

Danube-side municipalities and only a length of 

the river separates Veliko Gradište from neighbouring 

Romania. 

The southern part of the municipality is traversed 

by the Belgrade-Kladovo A-road and rail line, 

while Belgrade is about 110 kilometres away. 

Veliko Gradište boasts a river port on the 

Danube, while most of the municipality’s area is 

made up of arable land with gardens, vineyards 

and crop fields. The municipality is also rich in 

hunting grounds. 

Veliko Gradište is surrounded by some of the 

most picturesque natural scenery - popular Silver 

Lake (Srebrno Jezero) made of the artificially divided 

Danube channel, and the captivating mountain 

river Pek which flows from Serbia’s eastern 

regions and ends in an estuary at the River 

Danube. It’s proximity to Silver Lake, the Danube 

and Pek make this town a paradise for fishermen 

and admirers of nature. 

The structure of the local economy includes sectors 

of agriculture, tourism and industrial processing. 

Agriculture plays the most important role, marked 

mainly by the cultivation of corn, wheat, industrial 

fodder, fruits and vegetables. 

The most significant industrial production facilities 

are the vegetable oil refinery Dunavka and 

local industrial bread-making capacities. 

contact LJiLJana steviĆ, deputy 

municipal president for economic development 

Žitni Trg 1, 12220 veliko Gradište 

Tel: +381-12-660-128; fax: +381-12-661-128 

email: sovgradiste@ptt.rs; web site: www.velikogradiste.org.rs 


Vladimirci is one of the eight municipalities of 

the Mačva district in the area of the North-western 

Serbia, on the right bank of the Sava River. The territory 

of Vladimirci is bordered in the south by the 

territory of Koceljeva municipality, and in the west 

by Šabac. The southern part of the municipality 

reaches the Vlašić mountain range. The municipality 

covers 338 square kilometres. 

The municipality offers favourable opportunities 

for agriculture, including farming, livestock, vegetables, 

fruit, and food processing. Agricultural land 

covers 27,298 hectares, or 81% of the total territory. 

Farms and gardens cover 22,732 hectares, orchards 

1,920 hectares, vineyards 70 hectares, and 

meadows 1,548 hectares. 

Wheat and corn are the leading crops. Fruit 

growing is prominent, particularly of strawberries, 

raspberries, blackberries, and plums. Most of 

the farmers also raise livestock: cattle, pigs, and 

sheep. Farmers also produce fresh meat, milk, and 

dairy products. 

The area has significant pure water sources 

and geothermal water that can be developed 

for agriculture and tourism. According to geological 

surveys, the territory of the municipality offers 

hot spring water supplies to a depth of about 

1,100 metres. 

Vladimirci's infrastructure includes 875 kilometres 

of road networks, 400 kilometres of watersupply 

pipelines, a fixed telecommunications network 

with over 6,000 telephone connections, and 

an electric power network covering the entire municipal 

area. 

contact miJaiLo miLovanoviĆ, 


svetog save 34, 15225 vladimirci 

Tel: +381(0)15/513-141; fax: +381(0)15/513-146 

email:sovlad@gromnet.net; website: www.vladimirovci.org.rs 



vLaDiČin han vLasotince vrnJaČKa BanJa 

an efficient 

and modern 

municipality 

The town lies on major road and rail 

links, including the belgrade-niš 

(corridor 10) motorway 

Vladičin Han covers an area of 366 square kilometres. 

It belongs to a group of municipalities in the 

southern Morava Valley, including 51 villages and 

is close to international borders of Macedonia and 

Bulgaria. 

The town lies on major road and rail links, including 

the Belgrade-Niš (Corridor 10) motorway, 

which leads on to Skopje and further down to 

Thessalonica and Athens. . 

Municipal leaders believe that Vladičin Han is 

an excellent investment destination. It offers easy 

access to consumers, and has a market of a million 

people within an hour’s drive. 

Vladičin Han has an efficient and modern municipal 

administration and developed infrastructure. 

All necessary information can be provided within 

several seconds thanks to the municipal database 

set up to assist in the preparation of starting a business, 

and all required paperwork for the legal regulation 

of a business can be obtained within a week. 

The municipal administration will meet and 

help investors, intervening on their behalf with the 

highest state authorities. The council can provide 

advice from the most competent people in the most 

prominent economic, scientific and university institutions 

in Serbia. 

Investment costs in Vladičin Han are very low 

and the municipality also assists in negotiations 

with banks, investors, suppliers and distributors, domestic 

and international financiers, potential partners 

and customers. 

renewable 

energy potential 

The municipality also has 

water potential which gives it 

the potential to develop sportsrecreation 

tourism 

Vlasotince municipality is situated in the 

south-eastern part of Serbia in the area of the middle 

and lower basin of the Vlasina River.. There 

are 33,312 citizens and it covers 308 square kilometres. 

A significant infrastructure feature is the 

closeness of the Vlasotince municipality to the Nis- 

Skopje motorway. 

Vlasotince municipality has various natural 

resources and it offers conditions for developing 

many different economies such as: the textile industry, 

wood industry, metal industry, construction 

material industry, graphic industry, the industry of 

alcoholic and non-alcoholic beverages, civil engineering, 

crafts, trade and catering, electric industry, 

wood processing, primary agriculture, fruit and 

vegetable processing, and tourism. The municipality 

also has water potential which gives it the potential 

to develop sports-recreation tourism. Also, 

there are the conditions for the construction of 

mini hydro-electric power plants and renewable 

energy sources in general. 

Vlasotince industrial zone is already defined 

by a general plan. It covers an area of 82 hectares. 

The location is close to the main infrastructure 

corridor. 

Considering the future orientation, small facilities 

should become predominant and the desire to 

form industrial complexes along the existing roads, 

the new general plan Vlasotince 2020 envisages 

the enlargement of the existing industrial zone and 

commercial areas. 

centre of spa 

tourism 

Tourism is the main economic 

branch in vrnjačka banja. The town 

itself is known for its spas 

The municipality of Vrnjačka Banja is located 

in central Serbia. The town of Vrnjačka Banja is in 

the municipality’s centre. It is 200 kilometres from 

Belgrade and is situated between the Goč Mountain 

and the West Morava River. 

Tourism is the main economic branch in 

Vrnjačka Banja. The town itself is known for its 

spas. Vrnjačka Banja has six thermal water springs 

in the town itself, out of which two are homeothermo-mineral 

springs. Vrnjačka Banja has wonderful 

parks which cover over 60 hectares of land 

and aristocratic villas that date back to the late 

19th and early 20th century. 

Constructing a wellness spa, four- and fivestar 

hotels and a children’s amusement park called 

Beli Izvor are just some of these projects. There is 

the possibility of building industrial and production 

zones which range from five to 30 hectares 

in size. Also, there is the opportunity for greenfield 

investments to be made on the Goč Mountain, 

where sports and recreational facilities, tourist resorts, 

children playgrounds, mini hotels, and ethno 

and eco villages can be built. Potential investors 

will find the timber processing industry and organic 

food production especially interesting in terms of 

investment potential. 

The Republic of Serbia’s spatial plan and 

the municipality’s spatial plan, covering the area 

around the West Morava River, both envisage 

the construction of three small hydro-electric 

power plants which is also a great investment 

opportunity. 

contact nenaD mitroviĆ, 


svetosavska 1, 17510 vladičin han 

Tel: +381-17-472-360; fax: +381-17-473-073 

email: info@vladicinhan.org.rs; website: www.vladicinhan.org.rs 


contact BoJan cvetKoviĆ, head of 

municipality administration 

Trg oslobodjenja 12, 16210 vlasotince 

Tel: +381 16 875 552; fax: +381 16 875 552; 

e-mail: opsta.uprava@vlasotince.org.rs; 

website : www.vlasotince.org.rs 

contact miLa stoJanoviĆ, head of the 

environmental protection and local development unit 

kruševačka 17, 36210 vrnjačka banja 

Tel: +381-36-601-214; 

e-mail: milastojanovic@nadlanu.com 

website: www.vrnjackabanja.co.rs 


ZaJeČar 

substantial incentives 

for investors 

by the Government of 

serbia’s act, zaječar has 

been declared an area 

of special development 

importance 

BoŠKo ninČiĆ 

mayor of zaječar 

“Local incentives for 

investors” 

Town of Zaječar is located in 

the far east of Serbia. It is only 

11 km away from the state 

border with Bulgaria. The town 

has been built on the intersection 

of the Paraćin – Zaječar – Kula 

(Bulgaria) main road. It covers an area 

of 1,096 square kilometres, and, 

according to the 2002 census, it has 

65,969 residents. 

Most of the work capable residents, 

over the age of 15, have completed 

high school education (29.9%), followed 

by elementary school (27.5%) and university and 

junior college graduates (7.9%). 

InDustrIaL caPacItIes 

There is a metal-processing and food industry 

here, and, in the past, this area was known for 

its textile, leather processing, glass and porcelain 

industry. The main industrial capacities are 

privately owned. 

Italy-based footwear producer Pierik moved 

into the former textile factory and will hire 

50 workers by the year end 

Zaječar does not have an industrial zone, but 

there are available land plots along the M-25 main 

road with accompanying infrastructure, located 

near the Timok River and a railroad. These land 

plots cover an area of 152,450 square metres and 

are ideal for greenfield investments. 

The cable factory, Gorenje, warehouses, workshops 

and a petrol station are all in the same location. 

The town centre and railway station are only 

3.3 km away. The land here is privately owned, 

contact: 

naDeŽDa raDenKoviĆ 

assistant mayor in charge 

of investments 

Trg oslobođenja 1 

19000 zaječar 

Tel: 019/444-600, 444-670 

fax: 019/421-712 

e-mail: 

nadezda.radenkovic@zajecar.info 

website: www.www.zajecar.info; 

www.lerzajecar.com 


ut there is a possibility of town authorities or investors purchasing 

it. Zaječar also has quite a few locations suitable for 

brownfield investments. 

IncentIves 

By the Government of Serbia’s Act, Zaječar has been declared 

an area of special developmental importance which 

means that the Government provides substantial incentives 

for each new job created, which range from 4,000 to 

10,000 euros. There are other local investment incentives 

like leasing out production halls (owned by the town authorities) 

for a very affordable fee and being exempt from 

paying the town land utilization fee over the period of up 

to five years which depends on how many new workers an 

investor hires. 

Zaječar has a qualified workforce particularly in areas like 

textile & leather processing, porcelain production, crystal glass 

processng, food production, agricultural 

produce processing, metalprocessing 

and electronics. 

An investor can obtain a building 

permit (for a greenfield investment) 

in up to 52 days, which is how 

long it takes for a permit to be issued 

from the moment an application 

is submitted to the registration 

of built facility. 

Investors 

In December 2010, a contract 

with Gorenje was signed stipulating 

the Slovenian domestic appliance 

producer launch the production of 

washing machines in the former porcelain 

factory, that will be later exported 

to East Europe and Russia. The 

factory was supposed to become operational 

in September 2011 and to employ 300 people. This 

will have a beneficial effect on the development of enterpreneurship. 

Italy-based footwear producer Pierik moved into the former 

textile factory and will hire 50 workers by the year end. 

The following foreign companies are also operational in 

Zaječar: Moraviaenergo from the Czech Republika, Telefonika 

Kable from Poland, United Serbian Breweries (Heineken) 

Zaječarsko and Strabag. 

archaeoLoGIcaL LocaLItIes 

The 3rd to 4th century imperial palace of Gamzigrad- 

Romuliana is located near to the Paracin-Zaječar road (11 km 

from Zaječar). Encircled by a defence system, made up of 20 

towers, the settlement excompasses an area of 6.5 hectares, 

inside of which an older four - tower system can be seen. 

Excavations were started in 1953 and showed that inside of 

Zaječar does not have an industrial zone, but there are available 

land plots along the m-25 main road with accompanying infrastructure, 

located near the timok river and a railroad 

this rampart there are several temples and palaces. Also, on 

the hill of Magura, a sacred complex comprising of two tumuli 

and two crypts was discovered. 

An inscription reading Felix Romuliana, found in 1984, confirmed 

to archaeologists that the Roman emperor Galerius had 

built a residence at the location and named it Romuliana after 

his mother Romula. Born in Coastal Dacia, around the year 

250 AD, Galerius was the son of barbarian mother and herdsman 

father. Galerius was noticed for being a brave soilder and 

owing to this was adopted by Diocletian. Galerius was eventually 

proclaimed Caesar and in 306 AD was made Emperor of 

Rome. In 312 AD Galerius intended to step down as Emperor 

and spend a “quiet old age” in his residence. In 311 AD he 

died on his way Sofia. He was buried on Magura, as was his 

mother Romula. There was a funeral along with apotheosis - 

the act by which mother and son were deified. ■ 


ŽaBari ŽaGuBica ŽitoraĐa 

Well-equipped 

industrial Zone 

The municipality stretches 

across 264 kilometres and has 

18,247 inhabitants 

Žabari is located in eastern Serbia at the heart 

of the Lower Pomoravlje district. The municipality 

stretches across 264 kilometres and has 18,247 inhabitants. 

It is situated at the junction of regional roads 

R-103, R-107 and R-275. The Belgrade-Niš motorway 

(Corridor 10) is 11 kilometres away, while the 

Smederevo Port on the River Danube (Corridor 7) is 


Most of Žabari’s population is engaged in agriculture, 

due to the municipality’s high quality arable 

land. However, the municipality’s food processing 

and business facilities are currently underdeveloped 

and require investment to provide an adequate 

basis for further economic development and 

higher value of this area. 

When it comes to the local revenue structures, 

agriculture and forestry account for 85.42% 

of income. Privately-owned companies comprise 

90.35% of all companies in the municipality. 

The detailed general regulation plan envisages 

an industrial zone on the right side of the R-107 regional 

road. The industrial zone has good transport 

links, a nearby power station, water supply, telephone 

landlines, engine parts factory Petar Drapšin, 

a silo, cold storage plant and land that can be purchased 

from private owners. 

The municipality of Žabari can offer potential 

investors industrial halls, processing capacities, 

land, human resources and exemptions from 

paying various administrative and utility fees, as 

well as issuing building permits before legally defined 

deadlines. 

contact mioDraG fiLipoviĆ, 


kneza miloša 103, 12374 Žabari 

Tel: +381(0) 12 250 130; 

email: sozabari@ptt.rs 


eco food and 

tourism 

many motels have been constructed 

thanks to local companies and there 

are plans for the construction of 

new motels 

The municipality of Zagubica is located in the 

eastern part of Serbia, around 170 km southeast 

of Belgrade and 83 km from Pozarevac. The main 

traffic corridor is the regional road of the R105 

Pozarevac-Petrovac-Zagubica-Bor. 

On the plains of the Zagubica and Krepoljina- 

Krupaj valley mostly corn and wheat are grown. 

On the highlands animal husbandry, farming and 

fruit production are intertwined; foremost it is a 

region of cereals, meadows and fruit. In the territory 

of Homolj the most important businesses and 

leaders of development in the field of industry 

are castings factory FOZ, IGM Mermer and Nova 

Osanica which have been privatised, as well as 

the dark coal mine (RMU) Jasenovac Krepoljin. As 

a branch of the economy, tourism has only recently 

started to develop in the municipality. Many 

motels have been constructed thanks to local 

companies and there are plans for the construction 

of new motels. 

As the municipality is economically underdeveloped, 

and, as such, does not have the necessary 

funds for more intensive tourism development, 

future orientation in the development of 

tourism in Homolj should be based on rural tourism. 

Homolj is predestined for the production of 

ecologically clean food of a high biological quality 

due to favourable climate conditions and an 

ecologically clean environment. Today, this is becoming 

the most important element of the economic, 

trade and touristic offering, and to a large 

degree the motive for tourist visits, as well. 

contact DraGi DamnJanoviĆ, municipal 

president, Trg oslobođenja 1, 12320 Žagubica 

Tel: +381-12-643-153; 

fax: +381-12-643-237; email: opstinazagubica@beotel.rs 

website: www.zagubica.org.rs 

languages spoken: english 

vegetables 

and fruit 

The municipality is committed to 

producing organic food both for 

domestic and foreign markets 

The municipality of Žitorađa is situated in the 

Toplički district of south-eastern Serbia. The municipality 

is 10 kilometres from Corridor 10, which links 

Serbia to Macedonia, Greece and further onto the 

Far East, and 35 kilometres southwest of Niš. 

Agriculture is the most developed branch of 

Žitorađa’s economic structure. The municipality is 

committed to producing organic food both for domestic 

and foreign markets. More and more attention 

is being paid to growing vegetables here, especially 

watermelons, peppers, tomatoes and cucumbers, 

rather than traditional grain crops. Also, 

fruit growing is on the up. The municipality requires 

cold storage plants and fruit and vegetable 

processing facilities in order to round off this 

economic activity. 

The P3 industrial zone is located at the entrance 

to Žitorađa from the direction of Niš. It is 

only one kilometre from Žitorađa’s centre, covers 

an area of eight hectares and is connected 

to the R-245 regional road. The nearest industrial 

railway station is only 300 metres from the 

site. The zone has complete utility infrastructure 

and its land is privately owned, though the municipality 

intends to buy the land from private 

owners and offer it for use by potential investors 

free of charge, providing they plan to hire more 

than 50 workers. 

The municipality has another industrial zone 

that is also situated on the R-245 regional road. It 

is only five kilometres from Corridor 10 and six kilometres 

from Žitorađa town. 

contact Dr mioDraG petroviĆ, 


Toplički heroji 53, 18412 Žitorađa 

Tel: +381-27-362-931; fax: +381-27-362-211 

email: opstina@zitoradja.org; www.zitoradja.org 



EDITORIAL DIRECTOR 

AND EDITOR IN CHIEF 

Tatjana Ostojić 

t.ostojic@cma.rs 

ASSISTANT EDITOR 

Slavka Kovač 

s.kovac@aim.rs 

ART DIRECTOR 

Ilija Petrović 

i.petrovic@aim.rs 

PROOFREADER 

Max Williams 

m.williams@aim.rs 

TRANSLATOR 

Snežana Bjelotomić 


2011/2012 

PROJECT MANAGERS 

Vesna Vukajlović, v.vukajlovic@aim.rs; 

Marija Savic, m.savic@aim.rs; 

Jelica Lepori, j.lepori@aim.rs; 

Nataša Popović, n.popovic@aim.rs; 

GENERAL MANAGER 

Ivan Novčić 

i.novcic@cma.rs 

FINANCIAL DIRECTOR 

Ana Besedić 

a.besedic@cma.rs 

EDITORIAL MANAGER 

Tanja Banković 

t.bankovic@cma.rs 

PRINTING 

Rotografika d.o.o. 

Segedinski put 72, Subotica 

"The Investors Guide 

- Vojvodina in Focus 2011/2012" 

published by: 

alliance international media 

Makenzijeva 67 

11000 Belgrade, Serbia 

Phone: +(381 11) 245 05 08 

Fascimile: +(381 11) 245 05 04 

E-mail: 

office@allianceinternationalmedia.com 

www.allianceinternationalmedia.com 

ISSN no: 1451-7833 

All rights reserved 

alliance international media 2011 

6 

THE TIME HAS COME FOR 

NEW INVESTMENTS 

BOJAN PAJTIĆ, President of the 

Government of the Autonomous 

Province of Vojvodina 

10 

PLACE TO DO BUSINESS, 

BRANISLAV BUGARSKI, 

Director of the Vojvodina 

Investment promotion fund (VIP) 

MUNICIPALITIES 

Ada, Alibunar, 

Apatin 

13 

14 

15 Bečej 

16 

Bač, Bačka Palanka, 

Bačka Topla 

Bački Petrovac, 

Bela Crkva, Beočin 

25 

17 Čoka, 

Inđija, Irig 

18 Kanjiža 

19 Kikinda 

29 

20 Kovačica, 

Kovin, Kula 

Mali Iđoš 

21 

31 

32 

Novi Sad 

22 

Nova Crnja, Novi Bečej, 

23 Novi Kneževac 

24 Odžaci 

Opovo, Pančevo, 

Pećinci 

26 Ruma 

28 Plandište, 

Senta, Sečanj 

Sombor, Srbobran, 

Sremski Karlovci 

30 Sremska 

Mitrovica 

Stara Pazova, 

Subotica, Šid 

Temerin, Titel, 

Vrbas 

33 Zrenjanin 

34 Vršac, 

Žabalj, Žitište 

Contents 

4 THE INVESTMENT GUIDE Vojvodina in Focus

INTERVIEW BOJAN PAJTIĆ PRESIDENT OF THE GOVERNMENT OF THE AUTONOMOUS PROVINCE OF VOJVODINA 

The Time has Come for New 

Investments 

The Vojvodinian Government is counting 

on investors in sectors like agribusiness, 

finances, construction, pharmacy, machine 

building industry and IT 

By Slavka Kovač 

infrastructure is the main prerequisite 

for a successful social and economic 

“Developed 

development and for attracting both domestic 

and foreign investments. The quality of life, competitive 

education, and school classes in foreign languages 

starting from preschool all the way to university, are 

all important factors in deciding where a new production 

facility should be“ – says Bojan Pajtić, President 

of the Government of the Autonomous Province of 

Vojvodina, in an interview for the special edition entitled 

"Vojvodina in Focus“. 

Farmers have set up associations that represent them 

in such situations, they have outlined the joint aims, 

recognized and adopted strategic goals and practically 

fought to be treated as equal negotiators with the state. 

All of that will have a good effect on the future strategy 

for development of Vojvodina’s agriculture. 

• What is the Vojvodinian Government’s offical stand 

when it comes to agri-industry? Does your stand differ 

to that of the Serbian Government’ 

- Provincial bodies have less authority in implementing 

the agricultural policy. The province, via its funds and 

the Development Bank of Vojvodina, has been trying to 

expedite agricultural development. 

The Vojvodinian Government and its Provincial 

Secretariat of Agriculture, Water Management and 

Forestry are going to devise a programme that is harmonized 

with the goals of the state Ministry of Agriculture 

and be adapted to suit Vojvodina. 

• Farmers have removed the road blocks in Vojvodina, 

but problems in agriculture remain. How is that going 

to affect the future development 

strategy for Vojvodina’s 

agriculture? 

- The problems haven’t been fully 

resolved, and cannot be resolved 

with road blocks. The problems that agriculture 

has been facing can be dealt with by being realistic and 

the reality is that our agriculture has a slow turnover 

and low capital accumulation. Hence, agricultural policy 

needs to be consistent and long-term so that farmers 

can make plans when it comes to production, purchasing 

raw materials, new machinery, planting new orchards 

or starting a cattle herd for milk and meat or any 

non-farming activities carried out in villages. 

Out of all FDIs made in Serbia, 

45% ended in Vojvodina 

• What kind of strategy will Vojvodina use in competing 

with international food producers and processors? 

Which of the two sectors – food 

production or food processing – 

should be given priority? 

- The agricultural sector currently 

exports mainly primary 

products like maize and wheat, as well as some processed 

products like sugar, flour, cooking oil and soybean 

meal. It is mostly large trading companies, that 

have the available infrastructure at their disposal (like 

grain tanks and ports), which buy and export these 

products. The export of processed products is done 

independently, but also by companies. The export volume 

depends on the level of investments in the primary 

sector since the capacities for the processing of 


primary products are not utilized enough. 

The problem is that the technology used by the food 

industry is relatively obsolete, it doesn’t have enough 

economic power, and there are no good investment 

loans available that could help the industry with modernizing 

the technology it uses. The food industry needs 

to base its survival plan on finding strategic partners. 

Otherwise, once the market opens, this industry’s role 

will be reduced to reception and distribution centres for 

large EU companies. 

Vojvodinian companies produce high-quality confectionary 

products. Also, there are frozen food producers 

from Ruski Krstur and Bečej which produce frozen peas 

and sweet corn, among other things. There is also a Selenča 

company that produces organic food, and a Bačka Palanka 

company that manfuactures and exports fruit juices. 

Export of apples, particularly to Russia, is picking 

up, and apples are now being produced using the latest 

technologies and the control system Global GAP. 

Food production and processing are very closely related 

and these two sectors combined provide almost 

40% of the state budget revenue. 

- Usually, they expect us to assist in providing the required 

infrastructure. Developed infrastructure is the 

main prerequisite for a successful social and economic 

development, and for attracting both domestic and foreign 

investments. The quality of life, competitive education, 

and school classes in foreign languages starting 

from preschool all the way to university are all important 

factors in deciding where a new production facility 

should be. The VIP Fund has been providing training 

in inidividual municipalities with the aim of these 

municipalities first devising and then implementing 

• How important are foreign investors and their contribution 

to the implementation of the aformentioned 

stategy? What kind of investor profile does Vojvodina 

count on? 

- Of course we consider foreign investors 

important. We have established 

the Vojvodina Investment 

Promotion Fund (VIP) to help foreign 

investors with acquiring reliable 

information about Vojvodina’s 

investment opportunities and possibilities in the shortest 

time possible. The investors that we are counting 

on are those from agribusiness, finances, construction, 

pharmaceutical, machine building and IT sectors. 

• Serious investors are now much more cautious when 

embarking on new business endeavours. What is the 

situation like in Vojvodina today, and what trends do 

you expect this and next year? 

- The global economic situation is very complex. Our 

economy is going through a transition and everybody is 

aware of that. Investors are coming here prepared, and 

mindful of the great opportunities that exist here. They 

are met here by the VIP Fund, which helps us in detecting 

the most frequent problems and bottlenecks which 

we then try to resolve. The practice has shown that most 

effort should be invested in harmonization of regulation 

and this is the area where we have been trying to be as 

helpful as possible. 

• What are the most common requests that investors 

have? 

The problem is that the technology used by food industry is 

relatively obsolete, it doesn’t have enough economic power, and 

there are no good investment loans available that could help the 

industry with modernizing the technology it uses 

the measures that would attract 

investors to their respective 

areas. Also, the VIP 

Fund has a well-developed 

system (available through 

the Fund’s website) which 

shows available investment 

locations in the province. 

• What share do domestic 

investors have in the development 

of Vojvodina? 

- This share is growing. There 

was a period of stagnation 

due to two years of economic downturn. Investors are 

becoming increasingly interested, but we are slowly, and 

surely, getting closer to the pre-crisis level of interest 

shown by both domestic and foreign investors. 

• Vojvodina has accomplished the best results when 

it comes to eradicating unemployment. How much did 

foreign investors contribute to that? 

Vojvodina in Focus THE INVESTMENT GUIDE 7

- Our two main goals are creating new jobs and reducing 

unemployment. There are tax incentives, provided 

by both the state and Vojvodina’s government, 

that serve as support to businesses, primarily those 

that are exported orientated. The Provincial Secretariat 

of Labour, Employment and Gender Equality provides 

subsidies that range from 100,000 to 300,000 dinars 

per each new job created. The Vojvodina Development 

Fund allocates up to 50 million dinars to companies 

Vojvodinian companies produce highquality 

confectionary products 

that are launching export-orientated 

production and creating new jobs in 

the process, while the Development 

Bank of Vojvodina, in collaboration 

with the Development Fund, grants 

loans from a million to 50 million 

dinars. This money should be spent 

on constructing and adapting production 

facilities, acquiring land, 

increasing export and developing 

projects. 

To answer your question, let me 

say that out of all FDIs made in Serbia, 45% were in 

Vojvodina. 

• Vojvodina, openining its office in Brussels, will additionaly 

promote the province as an attractive destination 

for investors. What will the office work on? 

- It is very important that we create institutional and 

staff capacities that will enable us to get as much money 

from the European funds as possible once Serbia 

joins the EU, so that we can use that money towards further 

developing the province’s economy, infrastructure, 

health and education system. 

It is very important that Vojvodina gets its representative 

in the IPA Committee, since it is the Committee 

that determines what priority areas will the EU pre-accession 

funds finance. 

• There are several large-scale projects in Vojvodina, 

particularly in the area of energy, that are currently on 

stand-by. What is preventing these projects from being 

implemented? 

- We are really doing everything we can. At this moment, 

we are conducting wind power analyses in 

Alibunar, Bela Crkva, Vršac, Inđija, Irig, Kanjiža, Kovin, 

Kovačica, Kula, Pančevo, Plandište, Titel and Šid. Wind 

is an inexhaustible source of environmentally friendly 

energy, and Vojvodina has a great potential in this 

area, especially in central and southern Banat. We 

have established contacts with many foreign companies 

including U.S.-based Continental Wind Partners 

and Electrawinds from Belgium, which is one of the 

European leaders in generating energy from renewable 

energy resources. These companies are willing to 

invest quite a lot of money in Serbia and we do hope 

that, following these companies making investments, 

several municipalities in Vojvodina will be a given a 

great development chance and many new jobs. 

• One of the more important projects is certainly 

FC Vojvodina. Will the 

Vojvodinian Government 

provide funding for the 

club? 

- It is important to support 

the most popular recreational 

sports and help Vojvodina’s 

citizens to engage in all forms 

of sporting activity. We have 

invested a lot of money in socalled 

health tracks, synthetic 

grass tennis courts, basketball 

courts and other multi-functional 

sport courts. Our 

priority is to build running 

tracks in every single municipality 

and, over the last few years, we have allocated 

more than 400 million dinars towards that. 

The provincial government is not authorized to get 

involved in the every-day running of football clubs, but 

we do co-finance reconstruction, adaptation and furnishing 

of sports facilities that the province considers 

important. Primarily, these are school gyms. In 2010, we 

provided sports equipment for 100 schools and established 

47 top training facilities. 

The Serbian Government is due to enact a decision 

about sports facilities of state interest, and, following 

that, a similar decision will be enacted on the provincial 

level too. ■ 


INTERVIEW BRANISLAV BUGARSKI DIRECTOR OF THE VOJVODINA INVESTMENT PROMOTION FUND (VIP) 

Place to do 

Business 

Developing the infrastructure is the main prerequisite for a 

successful development of both society and economy and for 

attracting domestic and foreign investors 

By Slavka Kovač 

from attracting new investments, it is very 

important to work with the existing investors 

who are willing to extend their capacities. 

“Apart 

Companies like I.G. Bauerhin, Saint Gobain, the Apatin 

Brewery, Heineken, Ruma Guma, Nexe, Carlsberg and 

Pompea have all confirmed that they are going to make 

reinvestments to the tune of 70 million euros” – says 

Director of the Vojvodina Investment Promotion Fund 

(VIP), Branislav Bugarski in an interview for the ‘Serbian 

Potentials – Vojvodina in Focus’ issue. 

• At this moment, a growing number of investors have 

decided to invest more in Vojvodina than in the rest of 

Serbia. How much does the Fund you manage contribute 

to making Vojvodina so attractive to investors? 

- According to our data, there are close to 230 foreign 

companies in Vojvodina today which have invested 

around 6.4 billion euros and created 62,000 new jobs. 

Provisionally speaking, 17 ‘Serbian’ companies received 

80 million euros 

worth of investments 

with 3,500 new people 

hired. There is a 

plan to invest an additional 

117 million euros and create over a thousand 

new jobs. Today, we can confidently say that the VIP 

Fund is recognizable among potential investors thanks 

to its collaboration with existing companies, comprehensive 

marketing actitivies, its presence at various 

trade fairs and events with an emphasis on branches 

that have huge potential here, B2B meetings and mingling, 

as we in VIP like to say, i.e. being able to discern 

an opportunity to approach the right interlocutor and 

convince them, in a matter of minutes that they should 

include Vojvodina in their future business plans. It happens 

seldomly that the contact we establish does not 

develop into cooperation. We are here to offer information, 

help them with finding a proper location and 

effectively position themselves in a new business environment. 

We are here to provide them with support 

once they launch their businesses. 

• What benefits do you offer to foreign investors? 

- Aside from substantial financial and tax incentives 

at the state level, the Vojvodinian Government 

has devised instruments for successfully supporting 

both domestic and foreign businesses, i.e. primarily 

those that are export-orientated. The Provincial 

Secretariat for Labour Employment and Gender 

Equality provides subsidies for new investments that 

range from a 100,000 to 130,000 dinars per employee. 

The Vojvodina Development Fund financially 

supports companies that are geared towards export 

and hiring new people with up to 50 million dinars, 

while, in cooperatin with the Development Fund, the 

Development Bank of 

Vojvodinian Government has devised 

instruments for successfully supporting both 

domestic and foreign businesses 

Vojvodina grants 

loans between 1 and 

50 million dinars that 

can be used towards 

building or extending production capacities, buying 

land, export incentives and development projects. 

• You were very optimistic about 2011 and the fact 

that you had 40 projects ready. You also said that 

2011 would be the year of substantial investments 

in Vojvodina. Was your optimism validated and how 

many of the aforementioned projects have been implemented 

so far? 


- That’s right. Most of our projects were transferred from 

last year to this year. It is very unlikely that all of those 

companies will decide to invest in Vojvodina, but, for us, 

it is very important that they view us as a possible investment 

destination. This year, several companies are 

going to complete their projects – a call centre called 

Studio Moderna, based in Subotica, will employ 180 

people and serve clients from Serbia and Hungary. The 

famous Danish industrial pump manufacturer Grundfos, 

that the VIP Fund has been working with since 2007, 

build a new production facility. These are the issues that 

we are going to work on in the future together with our 

colleagues from towns and municipalities in Vojvodina, 

as well as with the Vojvodinian Government. In addition 

to the training that we give municipalities, with the 

aim of them being able to recognize and apply all of the 

measures, that are the prerequisite for the arrival of foreign 

investors, we have a well-developed system on our 

website which flags available locations in Vojvodina, i.e. 

locations that we offer to potential investors. 

started, on 14th April, to produce 3,500 industrial 

pumps a month with the help of its 

production line in the Nova Pazova industrial 

zone. In 2012, the company plans to 

build a new factory in Inđija, in the location 

that we helped to find. For us it is very important 

to work with the existing investors who are willing to 

extend their capacities. The volume of announced reinvestments 

this year is great, which is yet another validation 

that Vojvodina is a very competitive business environment. 

Companies like I.G. Bauerhin, Saint Gobain, the 

Apatin Brewery, Heineken, Ruma Guma, Nexe, Carlsberg 

and Pompea have all confirmed that they are going to 

make reinvestments to the tune of 70 million euros. 

• How ready are Vojvodinian municipalities to take 

investors, and in which way does the VIP Fund help 

them in providing necessary information on locations, 

transport infrastructure, local suppliers and 

other required data? 

- We think that developing infrastructure is the main 

prerequisite for the successful development of both society 

and economy, and for attracting domestic and foreign 

investors. The quality of life and competitive education, 

internationalization and having classes in foreign 

languages starting with pre-school all the way to university 

are important factors in making a decision where to 

There are 45 foreign agribusiness companies in 

Vojvodina that have invested around 2 billion 

euros and have 12,000 employees 

• Including agriculture, what other branches are appealing 

to investors? How much money has been invested 

in agriculture so far? 

- There are 45 foreign agribusiness companies in 

Vojvodina that have invested around 2 billion euros and 

have 12,000 employees. We view this branch as having 

exceptional potential. Also, a lot of interest has been 


generated for the finance, 

construction, pharmaceutical, 

oil & gas, retail, car, 

metal processing and textile 

sectors. Our focus is 

mainly on agribusiness, 

machine processing, metal 

processing, car parts manufacture 

and IT sector. 

• Following unsuccessful 

privatization, several acquistion 

contracts with 

companies in Vojvodina 

were terminated. Do you know how many of these 

companies were able to find new owners and how 

many of their employees kept their jobs? 

- The best illustration of our work is of a company called 

Vršački Vinogradi (The Vršac Vineyards) which we helped 

present at the 78th International Agricultural Fair in Novi 

Sad. We offered several British investment funds, that 

visited Vojvodina in late May, to buy a stake in the company. 

We pay close attention to companies that have 

declared bankruptcy and those which had their privatization 

agreements terminated in an effort to help these 

companies to return to the market, so to speak, and find 

new owners. This initiative did yield results and we have 

talked to potential investors who are interested in investing. 

However, we need to be persistant since the 

said companies are undergoing a consolidation process 

right now. We are currently working with several companies 

that are going through bankruptcy procedures 

like Istra Kula, the Sremska Mitrovica Shipyard, Kulski 

Štofovi, Apatex and others. Aside from these companies, 

i.e. companies that have declared bankruptcy or 

had their privatization agreements terminated, we are 

also looking for strategic partners for companies like 

Jugoremedija and Agroživ. 

• When you talk to foreign investors what problems 

do they single out the most and can you always be accommodating? 

- Even the investors themselves are aware of the fact 

that our economy is a transitional one, has great potential, 

yet carries risks which we are not shy talking about. 

Generally speaking, we can say that our biggest challenge 

currently is disharmonious regulation. Some of our 

laws have been modernized 

to offer greater 

potential, but some are 

not properly defined. It 

takes a lot of energy and time to resolve these situations 

from case to case, but, as I said, that is the price of transition. 

We are focused on quickly identifying these issues 

and alerting the relevant institutions so that they 

can tackle them urgently. 

We are looking for strategic partners for 

companies like Jugoremedija and Agroživ 

• How many available locations are there for investors 

who want an infrastructurally fully equipped land plot? 

- Most of the municipalities have locations suitable for 

either greenfield or brownfield investments, but, out of 

45 municipalities in Vojvodina, only 10 have locations 

that have complete infrastructure. The infrastructure 

in certain municipalities is not sufficiently developed 

and that is an aggravating circumstance if we are talking 

about new investments. Truth be told, we did encounter 

different situations like, for example, an investor who 

was more than willing to wait until an industrial zone 

had proper infrastructure. Realistically speaking, if we 

consider all our projects, that seldomly happens. ■ 


ADA 

Textile Industry 

Centre 

The municipality is the regional 

centre of the metal processing 

and textile industries 

The municipality of Ada is situated in North 

Vojvodina. Agriculture is the main economic 

branch here, along with the food processing industry. 

The municipality is the regional centre 

of the metal processing and textile industries. It 

covers an area of 228.6 square kilometres and 

has 18,998 inhabitants. 

The municipality has a well-developed 

transport network. Local roads are of good 

quality, which is especially important for transit 

traffic and its re-location from the centre of 

Ada. When it comes to railway transport, the 

municipality has a one-way regional railway 

track – Bečej-Ada-Senta, which is currently not 

functional. There is also the Tisa River, which 

is open for two-way transport all year around. 

800 metres from the centre of Ada, there is a 

well-designed marina for smaller boats. Also, 

700 metres from Ada in the direction of the 

Tisa River, on the right-hand side, there is a 

runway for small planes and a ground for aircraft 

models. 

The industrial zone is only 75 kilometres 

from Novi Sad, 150 kilometres from Belgrade, 45 

kilometres from the Hungarian border and 65 kilometres 

from the Romanian border. The zone’s 

total surface is 105 hectares. The municipality 

owns 45 hectares, in addition to 40 hectares 

in the existing zone, while the rest, 70 hectares, 

is privately owned. The water supply lines, gas 

supply, electricity, sewage, phone lines, Internet, 

railway line, and a local road that leads to the 

R-122 regional road are all nearby. 

contact ZOLTAN BILICKI, 

President of the Municipality of Ada 

Trg Oslobodjenja 1; 24430 Ada 

Tel: +381(0) 24/852-106; Fax:+381(0)24/853-342 

E-mail: predsednik@ada.org.rs; Website:www.ada.org.rs 

Languages: Hungarian, English, German 

ALIBUNAR 

Well Developed 

Network 

The municipality of Alibunar has a 

well-developed network of roads 

and there is also a railway network 

The municipality of Alibunar is located in the 

central part of South Banat, although administratively 

it belongs to South Bačka County. The municipality 

covers an area of 602 square kilometres and is located 

at the intersection of roads leading from Belgrade 

to the state border with Romania. The municipality 

is made of 10 small towns and villages, namely: 

Alibunar, Banatski Karlovac, Vladimirovac, Dobrica, 

Ilandža, Janošik, Lokve, Nikolinci, and Seleuš. Total 

population is close to 23,000. The municipality of 

Alibunar has a well-developed network of roads and 

there is also a railway network, with the main track 

Belgrade – Vršac – state border with Romania. 

The municipality encourages development 

of agriculture, industry, and tourism, as well as 

creating a favourable environment for advancing 

private entrepreneurship, and small and medium 

enterprises. There are 44,000 hectares of arable 

land, with 34,000 hectares privately-owned. 

LOCATION 1: Industrial Zone 1 – Alibunar; 

Total area: 95 acres 


Total area: 3 acres 


Total area: 83 hectares 

LOCATION 4: Industrial Zone 4 - Banatski 

Karlovac; Total area: 2 hectares 

Industrial zones are registered as ‘undeveloped 

land’. Land lease is possible and the required 

planning and regulatory documentation 

already exists. If an investor submits all required 

documents the municipal authorities will issue a 

building permit in up to 8 days. 

contact SLAĐANA VUKAJLOVIĆ, 

Technical Secretary 

Trg Slobode 4; 26310 Alibunar 

Tel: +381 (0)13/642-105; E-mail: alskupstina@hemo.net 

Website: www.alibunar.org.rs; 

Languages: English and German 

APATIN 

Developed and 

Attractive 

Apatin is considered one of the 

most developed and most attractive 

municipalities in Serbia 

The municipality of Apatin is located in 

West Bačka. It covers an area of 333 square kilometres 

and has 32,813 inhabitants. Apatin lies 

on the pan-European Corridor 7, while Corridors 

10, 5, and 4 are all nearby, which makes Apatin 

a very accessible municipality. There is a plan 

to build a port that will have international status 

and will be included in the regional integral 

transport and logistics network. If we consider 

the municipality’s business, tourist, sport, and 

recreational facilities, Apatin is considered one 

of the most developed and most attractive municipalities 

in Serbia. The town has a spa and 

wellness centre. 

The municipality has an industrial zone covering 

160 hectares of land (owned by the municipal 

authorities), which also has an internal road 

and complete utility infrastructure on the zone’s 

outskirts Also, there is the possibility of building 

a free zone and an industrial park. The most 

important investment in the municipality is the 

construction of an intermodal (goods and transport) 

centre and a port. Apatin also has the first 

international marina in Serbia, which has 400 

berths (120 especially made for yachts). In addition 

to this facility, the municipality has a port 

for passenger ships. 

In addition to incentives for both domestic 

and foreign investors, the municipality provides 

incentives in terms of payment of utility 

fees, lease of construction lots, and exemption 

from paying spatial planning fees and building 

permits. 

contact SNEŽANA MILEŠEVIĆ, 

Local economic development coordinator 

Srpskih Vladara 29; 25260 Apatin 

Tel: +381(0)25 / 772-122 / extension 618 

E-mail: snezana.arh@gmail.comWebsite: www.soapatin.org 

Languages: Serbian, English, German and Italian 


BAČ 

Established 

Successful 

Companies 

The municipality has 7,000 

hectares under forests, which is 

suitable for hunting tourism 

The municipality of Bač covers an area of 365 

square kilometres. The municipality’s territory is intersected 

by the Danube-Tisa-Danube Canal (DTD 

Canal), which connects the municipality to ports in 

Bogojevo and Novi Sad. Bač is in close proximity 

to the main transport routes, i.e. Corridors 10 and 

7. The municipality is 62 kilometres from Novi Sad 

and 140 kilometres from Belgrade. 

The most dominant economic branch and the 

one that brings the biggest revenue to the municipal 

budget is certainly agriculture. Arable land 

covers a total of 24,000 hectares. The processing 

industry takes second place, followed by retail, 

construction, and transport. The processing 

industry is mostly based on food processing. 

Also, there is a metal processing industry 

and electrical equipment production in the municipality. 

With regards to construction, there are 

quite a few successful companies such as Slovan 

Progres, Bager Promet, and others. The municipality 

has 7,000 hectares under forests, which is 

suitable for hunting tourism. 

The small business zone in Bač (the so-called 

work zone) covers 24 hectares, and despite its excellent 

location, is underutilized. Hence, local authorities 

have been engaged in promoting the 

zone’s competitive advantages, providing benefits 

for launching production and incentives when 

it comes to selecting the most suitable land plots, 

as well as incentives for obtaining required approvals 

and building permits. 

contact TOMISLAV BOGUNOVIĆ, 

M.Ba. President of the Municipality of Bač 

Trg dr Zorana Đinđića br. 2; 21420 Bač, Tel: 

+381(0)21/770-170, Fax: +381(0)21 /770-330 

Website: www.bac.rs; E-mail: predsednik@bac.rs, info@bac.rs 

Languages: English and Slovakian 

BAČKA PALANKA 

Across From 

Croatia 

The municipality has an 

exceptionally favourable 

geographical position 

The municipality of Bačka Palanka occupies 

an area of 579 km2. The municipality has an exceptionally 

favourable geographical position, due 

to its proximity to the River Danube, and to the 

fact that the municipality lies at the intersection 

of important roads. The municipality has a bridge 

which connects it with the Republic of Croatia. 

The territory is intersected by many channels of 

the Danube-Tisa-Danube network. Bačka Palanka 

is a border municipality that’s just a river bank 

away from the Republic of Croatia. The Danube 

River has both transport and tourist potential. 

The municipality and the town of Bačka 

Palaka have been traditionally engaged in the 

following economy sectors: textile industry 

(Sintelon carpet manufacturer), production of 

electric installation materials, leather processing 

industry, metal processing, food processing industry 

and tourism. 

The initial lease fee for land owned by the 

municipality and the town of Bačka Palanka is 

2.38 dinars per square metre in the first zone. 

The selling price of the land plot is between 

1,142 and 1,543 dinars per square metre, while 

in the case of Čelarevo it is 206 dinars per square 

metre and 36.5 dinars per square metre in other 

municipal towns and villages. The lease price of 

office premises is 180 dinars per square metre, 

and 1.5 euros per square metre for leasing a production 

hall. The selling price per square metre 

of a production hall ranges from 300 to 500 euros 

per square metre. 

contact KOSTA STAKIĆ, 

President of the Municipality of Bačka Palanka 

16, Kralja Petra I; 21400 Bačka Palanka 

Tel: +381(0) 21/7559-192; Fax: +381(0) 21/6045-587 

E-mail: predsednikopstine@backapalanka.org.rs 

Website: www.backapalanka.rs; Language: English 

BAČKA TOPLA 

Industrial 

Tradition 

The first industrial park and logistics 

centre in Vojvodina has been built in 

Bačka Topola 

The municipality of Bačka Topola is situated 

in Central Bačka and covers an area of 596 

square kilometres. Bačka Topola is 32 kilometres 

from Subotica and 40 kilometres from Senta. The 

municipality has 38,000 inhabitants, 24,328 of 

which are work-capable. 

The municipality has a long industrial tradition 

and boasts several successful companies 

that could attract a further influx of working 

capital. Agriculture is the most dominant economic 

branch, with several industrial sectors also 

active. When it comes to the metal-processing 

industry there is a steel foundry, production 

of wood cutting tools, ironmongery, electrical 

metal processing, and chain and metal production. 

Bačka Topola has great tourist potential. 

The first industrial park and logistics centre 

(VIP – LC) in Vojvodina has been built in Bačka 

Topola. The park has a direct access to the railway. 

The zone is 146 kilometres from Belgrade 

and 71 kilometres from Novi Sad. The National 

Investment Plan envisages the construction of 

several new roads although the site is near exising 

transport links. 

The industrial zone’s covers 124 hectares, 

with 119 hectares already used. There is the possibility 

of extending the zone to include an additional 

500 hectares. The existing zone has infrastructure, 

and there are plans to construct additional 

infrastructure. 

The deadline for issuing permits is between 

30 and 60 days. Local self-government is available 

to all potential investors. 

contact MONIKA KOKAI, 

director of VIP-LC d.o.o. 

1, Svetosavska; 24300 Bačka Topola 

Tel: +381(0) 24/713-506; Fax: +381(0) 24/715-918 

E-mail: kokai.monika@viplc-backatopola.com; Website: 

www.btopola.org.rs; Languages: Hungarian and English 


The Most Fertile 

Agricultural Land 

BEČEJ 

The following branches are most suitable for investors: agricultural production, 

metal processing industry, metal products manufacturing, and confectionary 

The municipality of Bečej stretches across 487 

square kilometres, with apopulation of over 

43,000. The municipality’s advantages are the 

following: excellent geographic position, river, railway, 

and road transport, , proximity to the E-75 international 

motorway (Budapest – Athens), 86% of 

entire land is arable and highly fertile (black soil and 

meadow black soil), a long tradition in agriculture, 

metal processing and rubber manufacture, qualified 

work force, thermal springs, the Local Action Plan 

(LEAP), the Local Sustainable Development Strategy 

and the Strategy for Economic Development of the 

Municipality of Bečej, all written and adopted by 

local authorities. The municipality plans to complete 

the Detailed Regulation Plan by June 2010. 

Bečej has a total of 44,000 

hectares of arable land, 

with over 2,500 registered 

farms and close to 20 agricultural 

cooperatives. 

According to 2008 data, 

the total number of employees is 9,210, and, according 

to data from April 2009, there are 4,483 

unemployed persons. There are also two thermal 

springs in the municipality. 

INDUSTRIAL ZONE 

The Bečej industrial zone is distributed between 

three locations: Location 1 / Block 124 (3.5 

hectares), Location 2 / a section of Block 129 (close 

to 19.5 hectares), and Location 3 / Blocks 130 and 

131 (21 hectares). The zone is 120 kilometres from 

the airport, 500 metres from the R-122 and M-3 

regional roads and 30 kilometres from the motorway. 

Also, the Great Bačka Canal runs through the 

industrial zone, but the canal is navigable only for 

small boats, while the Tisa River is some 20 kilometres 

away. Locations 1 and 2 are suitable for industrial 

facilities, while Location 3 is ideal for port facilities. 

There are 12 land plots in Block 124, all of 

them leased to arts and crafts companies. Arable 

land in Blocks 131 and 135 can be transformed into 

construction plots. This land is partly owned by the 

Republic of Serbia and partly by private owners. 

Bečej is providing 

incentives for those investors 

who create a substantial 

number of new jobs 

BEČEJ SPA 

The implementation of this project entails the 

construction of a commercial spa with a medical 

prevention unit, a unit for rehabilitation and treatment 

for coronary patients, a diagnostics centre, a 

medical treatment centre for athletes, a relaxation 

(wellness) unit and several other sports and catering 

facilities. The entire complex will have all the 

required infrastructure. 

INFORMATION FOR INVESTORS 

The industrial zone is fully prepared for greenfield 

investments. The municipality provides incentives 

for those investors who create a substantial 

number of new jobs. The following branches are 

most suitable for investors: 

agricultural production, 

metal processing industry, 

metal products manufacturing, 

and confectionary. 

DEADLINES AND PERMITS 

It takes up to 8 days for the municipality to issue 

information on a certain location and a construction 

works notice. It takes 60 days to obtain 

a location permit. The conversion of utility rights 

into ownership rights over a construction land is 

carried out by the local Land Office, while an investor 

is required to provide a project’s blueprint 

along with the report on executed technical control. 

An investor also needs to submit proof to the 

public enterprise Stankom from Bečej that he has 

paid the land development fee. The municipality 

will give its opinion on the project’s environmental 

impact, as well as issue a building permit within 

30 days from the day an investor has submitted 

his request. 

IMPORTANT INVESTORS 

The most important investors in the municipality 

of Bečej are the following: KTC, Linde Gas 

Srbija, Victoria Group, Phiwa, Union, Kovax, Termo 

Konstruktor, Motortrading, Kataduzo, Delta Real 

Estate, Rosiva, and Varomont. ■ 

PETER KNEZI 

President of the Municipality 

of Bečej 

“The municipal industrial 

zone is fully prepared for 

greenfield investments” 

contact: 

DUŠAN RADIVOJEVIĆ 

a member of the Municipal Council 

2, Trg Oslobođenja 

21220 Bečej 

Tel: +381(0)21/6911-720 

Mob: +381(0)64/8959-004 

E- mail: radivojevic@becej.co.rs 

Website: www.becej.rs 

Languages: Hungarian, English 


BAČKI PETROVAC 

Agro-industrial 

Centre 

The metal processing industry is also 

developed, particularly its stainless 

equipment segment 

The municipality of Bački Petrovac is located 

in south Bačka. It covers 158 square kilometres, 

and disposes of highly fertile land. The municipality’s 

population is 14,681. The transport infrastructure 

is good with good highway links, international 

railway tracks, the Danube River, and 

the navigable DTD Canal. 

The municipality’s terrain is flat, and so 

economically and industrially, is classified as 

an agro-industrial centre. Agriculture is the 

most developed economic branch here. The 

entire region is suitable for agricultural activities. 

The main industrial branches here are the 

food processing industry and metal and chemical 

processing. The metal processing industry 

is also developed, particularly its stainless 

equipment segment. 

The municipality is made of four populated 

areas and each of them has relevant spatial 

planning documentation with special sections 

designated for work (industrial) zones. 

The industrial zone in the municipality’s centre, 

Bački Petrovac, is partially equipped. The plan 

is to build a port here for barges. In the south 

section of the industrial zone there is the Novi 

Sad-Sombor railway line. 

Most of the arable land is privately-owned. 

Municipal authorities have to buy the land, constitute 

construction plots, and offer these plots to 

potential investors. Once a land plot for construction 

of an industrial facility is acquired, it takes 

approximately 60 days for the required urban 

planning and technical documents to be issued. 

contact VLADIMIR TURAN, 

President of the Municipality of Bački Petrovac 

Kolarova 6, 21470 Bački Petrovac 

Tel: +381 (0)21/780-247; Fax: +381 (0)21/780-571 

E-mail: opstina@backipetrovac.rs 

Website: www.backipetrovac.rs 

BELA CRKVA 

Recreation and 

Agriculture 

The municipality’s most important 

economic branches are agriculture 

and tourism 

The municipality of Bela Crkva is a 

Danubian lowland border municipality located 

in the northeastern part of Serbia. 

Geographically, the municipality is surrounded 

by the hills of the Carpathian Mountains, the 

Vršačke Mountains, the Danube, and partially 

by the Pannonian Plain. Bela Crkva covers 

an area of 353 square kilometres and is comprised 

of 14 smaller towns and villages. The 

municipality’s population is 20,637, is 106 kilometres 

east of Belgrade and has numerous 


The municipality’s most important economic 

branches are agriculture and tourism. Arable 

land is the biggest natural resource in the municipality, 

covering 77% of the municipality’s 

total territory. The entire area stretches across 

35,345 hectares, with 21,499 hectares covered 

in plough land, 6,158 hectares in pastures and 

meadows, 160 hectares in vineyards and orchards, 

and 2,704 hectares in forests. As for 

tourism development, the biggest potential lies 

in seven crystal- clear lakes covering 150 hectares. 

Also, there is the Labudovo Okno locality, 

which covers 360 hectares of the Deliblatska 

Sand Pit. This location is suitable for hunting, 

fishing, sports, and recreational activities. 

The Nera Industrial Park is located in the existing 

industrial zone, which covers an area of 

over 14.26 hectares. The zone, with its existing 

infrastructure, is perfect for developing business, 

production, and warehouse facilities. The municipality 

offers the lowest lease rates. 

contact ŽELJKO CRNOGORAC, 

President of the Municipality of Bela Crkva 

Miletićeva 2, 26340 Bela Crkva 

Tel: +381 (0)13/ 851-224; Fax: +381 (0)13/851-346 

E-mail:opstinabc@neobee.net; Website: www.belacrkva.info 

Languages: English and Romanian 

BEOČIN 

Excellent 

Geographic 

Position 

The municipality of Beočin is one 

of the most industrially-developed 

municipalities in Vojvodina 

The municipality of Beočin is located on the 

banks of the Danube River at the foot of Fruška 

Gora, 17 kilometres from Novi Sad. The municipality 

covers an area of 183 square kilometres 

with a total population of 16,398 inhabitants. 

The entire municipality has an excellent 

geographic position and good commuting links. 

There is the state route (second class) 107, which 

leads all the way to the border with Croatia. 

The municipality of Beočin is one of the 

most industrially-developed municipalities in 

Vojvodina. A good geographic position, a moderate 

continental climate, and quality land are 

all suitable for diverse agricultural production. 

46.5% of the entire municipal land (18,587 hectares) 

is agricultural land. This area is ideal for 

organic food production and the municipality is 

also known for its wines. 

The municipality of Beočin can offer available 

areas in a 20-hectare industrial park, with a 

complete infrastructure, a port, and a cargo railway 

which operates within the Lafarge Company. 

Also, municipal authorities can provide reduced 

utility and infrastructure costs. Beočin has available 

land plots in the industrial zone suitable 

both for industry and retail. In collaboration with 

the Institute for Agriculture Economy in Belgrade, 

local authorities have drawn up a document relevant 

to the municipality’s development and future 

investors called “Development Strategy for 

the Municipality of Beočin” (2008-2011). 

contact BOGDAN CVEJIĆ, 

President of the Municipality of Beocin 

Svetosavska 25, 21300 Beočin 

Tel: +381(0)21/870-537 

E-mail: bogdan.cvejić@beocin.rs; Website: www.beocin.rs 

Languages: English, Russian, German 


ČOKA 

Undustrial Zone 

Underdeveloped 

Čoka is a multiethnic community 

with a mostly Hungarian 

population 

INĐIJA 

Amongst Best 

in Europe 

In 2008 Inđija was the recipient of a 

Financial Times Award 

IRIG 

Small Diverse 

Economy 

Irig is one of Vojvodina’s 

smallest municipalities, covering 

an area of 230 km 2 

The municipality of Čoka lies on the left bank 

of the Tisa River in northern Vojvodina. The municipality 

is 180 kilometres from Belgrade, 100 

kilometres from Novi Sad, 170 kilometres west of 

Timisoara, and 60 kilometres south of Szeged. The 

municipality borders with Novi Kneževac in the 

north, Kikinda in the east and Senta and Ada in 

the west. The municipality stretches 321 square 

kilometres. According to the last census, the municipality 

has 13,832 inhabitants. Čoka is a multiethnic 

community with a mostly Hungarian population 

(51.56% of the municipality’s population), 

followed by Serbs (37.36%). 

The main economic branches in the municipality 

are: agriculture, metal processing, basic tobacco 

processing, and the manufacture of plastic products. 

The share that processing and production have 

in the municipality’s revenue is below the state average, 

with agriculture being dominant. Agricultural 

land (both arable and non-arable) covers an area of 

29,000 hectares, which is almost 90% of the entire 

municipality’s territory. State-owned land covers 

12,000 hectares and it is mostly used by agricultural 

companies. 

Čoka’s industrial zone is registered as ‘undeveloped 

construction land’. The zone is located 

between Senta and Čoka, just 50 metres 

from the main road M-24 and railway line and 3 

km from the Tisa River. The infrastructure is under 

construction. 

The shortest period for obtaining all required 

permits and approvals for construction in the zone 

is five months. 

contact PREDRAG MIJIĆ, 

President of the Municipality of Čoka 

Potiska 20; 23320 Čoka 

Tel.: +381(0)230/71-000; Fax: +381(0)230/71-175 

e-mail: opstina@coka.rs; Website : www.coka.rs 

Languages: English 

The municipality of Inđija, which stretches 

across 385 square kilometres, is situated in 

the autonomous province of Vojvodina. In 2008, 

Inđija was the recipient of the Financial Times 

Award for the 18th-best location for foreign investments 

in Europe. The criteria for this award 

are exactly those that investors look for the most: 

investment conditions, economic potential, previous 

investments, a number of newly created jobs, 

and economic reforms. 

Inđija has two fully-functional industrial zones. 

The northeast zone covers an area of 281.42 hectares 

and is 2 kilometres from the centre of Inđija. 

The zone has complete utility infrastructure and is 

ideal for developing a duty-free area. The southeast 

zone stretches across 100 hectares. This zone 

is also fully equipped, utility-wise. There are no 

underground waters, so the land here is suitable 

for building large facilities. Also, municipal authorities 

plan to build a bypass in the zone in order 

to re-direct traffic from Inđija. 

Inđija offers the lowest prices of construction 

land with utility structures. If an investor has 

picked a land plot, designed a construction plan, 

and carried out an environmental impact analysis, 

the municipality will issue its approval within 

60 days. 

There is also the so-called Italian Industrial 

Zone that covers an area of 98 hectares of industrial 

land, has available construction upto 

2000,000 square metres. The zone has transport 

infrastructure, sewage and electricity supply. 

contact GORAN JEŠIĆ, 

President of the Municipality of Indjija 

Cara Dušana 1, 22320 Inđija 

Tel: +381(0) 22/561-301; E-mail: gjesic@indjija.net 

Website: www.indjija.net 

Languages: English, German, Italian 

Irig is one of Vojvodina’s smallest municipalities, 

covering an area of 230 km². The town of 

Irig is the municipal administrative centre. The 

municipality of Irig is 60 km from Belgrade’s 

Nikola Tesla International Airport and 20 km 

from Novi Sad. Irig is well-connected to all major 

transport arteries. This multi-ethnic municipality 

has a population of 12,329. 

Irig’s economy is very diverse, the most dominant 

branch being agriculture. Aside from agriculture, 

there are other economic branches like 

food and metal processing industries, retail, construction, 

and catering with developing tourism. 

The strategic development aim of agriculture in 

Irig is to adjust the production structure to natural 

conditions. The ultimate goal is to provide 

top-quality raw material for the processing industry 

from primary agricultural production. 

The metalworking industry is primarily concentrated 

in Vrdnik, while the Fruška Gora 

National Park occupies the major part of the municipal 

territory and is one of the most attractive 

places in Serbia. 

The working zone in Irig covers an area of 162 

hectares, with 23 hectares owned by the municipal 

authorities. There is a plan to build an infrastructure 

in this zone, suitable for small enterprises. 

The zone is located near the M-21 main 

road (Novi Sad – Ruma – Šabac). The zone has 

electricity and water supply, and the gas supply 

pipeline is partially complete. All documents and 

permits can be obtained within 45 days. 

contact VLADIMIR PETROVIĆ, 

Municipality’s president 

Vojvode Putnika 1, 22406 Irig 

Tel: +381(0)22/461-010; Fax: +381(0)22/462-035 

E-mail: soirig@neobee.net; Website: www.irig.rs 

Languages: English and Russian 


KANJIŽA 

Border Region 

Agriculture, food processing industry, construction materials 

production, domestic and international cargo transport and spa tourism 

are all quite developed here 

MIHALY NYLAS 


of Kanjiža 

“Office in 

accordance with the onestop-shop 

system” 

contact: 

THE LOCAL ECONOMIC 

DEVELOPMENT AND 

INVESTMENT OFFICE 

Glavni trg 1 

24420 Kanjiža 

Tel: +381 24 873-442 

Fax: +381 24 873-016 

Mob: 064 8062093 

E-mail: invest@kanjiza.rs 

Website: www.kanjiza.rs/invest 

Languages: English, German, 

Hungarian 

The municipality of Kanjiža is a small border 

region in north Vojvodina that is comprised of 

thirteen towns and villages located on the right 

bank of the river Tisa. It is close to Corridor X, and 

situated on the EGK 4 Corridor (the river Tisa). The 

municipality is well connected to neighbouring 

areas via the E-75 international motorway, main 

roads M-22 and M-24, and regional roads R-119, 

R-111 and R-119.3. 

Kanjiža has a river border crossing and the 

river Tisa has good potential 

as an international 

river that runs through 

the Danube countries. 

The cargo dock is located 

in Senta, which is 25 

km from the municipality’s 

centre. 

The municipality covers 

an area of 400 km2 

and has over 27,000 

residents. Kanjiža is 

the municipality’s administrative 

centre 

and it has 11,000 inhabitants. 

Kanjiža is 

also the regional centre 

due to its close proximity 

to the River Tisa and 

the Horgoš border crossing 

(on the Serbian – 

Hungarian state border). 

Agriculture, food 

processing industry, construction 

materials production, 

domestic and international 

cargo transport and spa tourism are 

all quite developed here. There are also oil, clay, 

gas and thermal water deposits beneath the fertile 

land. Apart from the exceptional opportunities 

for greenfield investments, brownfield investments 

are also welcome since there is an industrial 

complex that stretches across 5 hectares of 

land, greenhouses, agricultural facilities and the 

possibility of acquiring companies that have declared 

bankruptcy. 

Kanjiža is the municipality’s 

administrative centre and it has 

11,000 inhabitants 

HORGOŠ INDUSTRIAL PARK 

Surface: 25 hectares; Ownership: public property 

of municipality of Kanjiža; Regulated by: the 

Detailed Regulation Plan. Suitable for: clean industries, 

logistics, services.Accessibility: Corridor 

X (E75), R-119. 

River Tisa - 18 km, Border crossing (Serbia- 

Hungary) – 4 km, Construction of comprehensive 

infrastructure is pending. 

KANJIŽA 


Surface: 3 hectares; 

Ownership: public property 

of municipality of Kanjiža; 

Regulated by: The Detailed 

Regulation Plan; Suitable 

for: clean industries, services; 

Accessibility: R-119 

and R-111 roads. 

River Tisa - 2 

km, Border crossing 

(Serbia-Hungary) – 14 

km, Railway station – 

500 m 

INDUSTRIAL COMPLEX, 

FORMER G.I.K. 

BUDUĆNOST 

Surface: 5 hectares (10 

facilities from 300 to 4,600 

m2); Suitable for: clean industries, 

services; 

Accessibility: R-119 

and R-111 roads.; River 

Tisa - 2 km, Border crossing 

(Serbia-Hungary) – 14 km, Railway station – 

500 m; Complete infrastructure in place. The Local 

Economic Development and Investment Office operates 

under the office of the municipal president 

in accordance with the one-stop-shop system. Time 

needed to obtain permits – up to six months. 

IMPORTANT INVESTMENTS 

TONDACH – Austria: TEGOLA CANADESE – Italy, 

BRANTNER – Austria, MERCATOR - Slovenia. ■ 


Export Orientated 

KIKINDA 

Economy 

Kikinda is the centre of the metal 

-processing industry in Vojvodina 

The Municipality of Kikinda is located at the 

border with the European Union and is the 

biggest Serbian municipality along the state 

border with Romania. Kikinda is the administrative 

centre of North Banat County and it has received 

its town status back at the time of Empress 

Maria Theresa. 

Kikinda is located on the crossroads of the pan- 

European corridors VII and X and is one of the main 

land links between Europe and Asia. The municipality 

covers an area of 88,361 square kilometres, has 

acres and acres of fertile farmland in the north and 

mountains and hills in the south. 

The town is 130 km away from Belgrade and 

100 km from the border with Hungary. It has access 

to the Danube-Tisa-Danube canal. Kikinda 

and neighbouring villages have 67,002 residents 

(according to the 2002 

census). The population 

is multi-ethnic and there 

are 16 different nationalities 

living. The average 

age here is 39.2 years and 

there are 71 residents per 

square kilometre. 

ECONOMIC 

INDICATORS 

Kikinda is the centre of 

the metal processing 

industry in Vojvodina. 

It also has a well-developed 

construction 

materials industry and 

the biggest oil and gas deposits in Serbia. Also, 

there is 79,596 hectares of farmland and 1,364 

registered companies. 

For years, Kikinda’s economy has been exportorientated 

and has been recording a surplus in 

foreign trading. Last year, the biggest export products 

were acetic acid, methanol, car and engine 

parts, breaks, socks, ceramic roof tiles and parts 

of car chassis. 

Kikinda’s companies mostly export to Slovenia, 

Germany, Romania, Bosnia and Herzegovina, 

Belgium and several other foreign countries. 

SUCCESSFUL INVESTMENTS 

Cimos, Slovenia – Kikinda Foundry; Banini Trade 

– Banini Kikinda; Lilly Drogerie – Toza Marković; Le 

Beller, France – Le Beller Kikinda; Agrokor, Croatia 

– Kikindski Mlin; Euro export – Prima produkt pogon 

Kikinda; International, Austria – ASA Kikinda; 

Bongrain, France – Kikinda Dairy Industry; Walter 

Rudolf, Germany – Angropromet 

WORK ZONES 

BLOCK 41 and 43 - Total surface 18 hectares, 

owned by municipality of Kikinda, 700 metres 

from the M-3 main road, near a railroad. Suitable 

for sports and recreation; BLOCK NINE - 

Total surface 43 km, owned by municipality of 

Kikinda, SC Jezero and several individuals, 1 km from 

the M-4 road, and 3.5 km from M-24. Location is suitable 

for sports, tourism and 

residential housing; BLOCK 

33 - Total surface 1,39 hectares, 

owned by the Kikinda 

Land Development Agency, 

2 km from town centre. 

A working zone, suitable 

for food processing industry 

and complimentary activities, 

has a green barrier; 

SECTION OF BLOCK 44 

- Total surface 2,3 hectares, 

Kikinda is the administrative centre 

of North Banat County and it has 

received its town status back at the 

time of Empress Maria Theresa 

owned by the municipality 

and individuals, 

suitable for construction 

of work facilities, 

and small and medium-size 

production plants; BLOCK 48 - Total surface 

around 90 hectares, privately owned, envisaged 

as a production-storage-trading zone; BLOCK 

C2 - Owned by the municipality, total surface 1,2 

hectares, suitable for residential and business facilities; 

BLOCK 26 - Owned by the municipality, suitable 

for business facilities. 

Increasing employment both on local and regional 

levels, investors being socially responsible, investing 

in environmental and innovative technologies 

and advancing the living standard are the main criteria 

for investing in the municipality of Kikinda. ■ 

ILIJA VOJINOVIĆ 

President of the municipality 

of Kikinda 

“Openness to investments 

is the foundation for 

municipality’s development” 

contact: 

PROJECT UNIT 

Trg srpskih dobrovoljaca 12 

23 300 Kikinda 

Tel: +3810230 410-158 

Fax: +3810230 410-158 

E –mail: 

borislav.cucic@kikinda.org.rs 

info@kikinda.org.rs 

Website: www.kikinda.rs 


KOVAČICA 

Favourable 

Land Prices 

Foreign investors find Kovačica 

very appealing because of its close 

proximity to metropolitan areas 

The municipality of Kovačica is situated in 

the southeastern part of Vojvodina and covers 

an area of 419 square kilometres. The town of 

Kovačica is its administrative and geographic 

centre. A 15 kilometre-section of the Tamis River 

runs through the northwestern part of the municipality, 

while the eastern part is located in the 

Deliblatska Sand Pit. 

The processing industry and agriculture are 

the most developed economic branches here. 

Arable land takes up 84.02% of the entire municipal 

territory. It is mostly comprised of firstclass 

plough land, vineyards, and meadows. Over 

4/5 of the arable land is so-called ‘chernozem,’ 

the most fertile soil in the Pannonian Plain, 

which yields excellent crops. 

Foreign investors find Kovačica very appealing 

because of its close proximity to metropolitan 

areas (Pančevo, Belgrade, Zrenjanin, Novi 

Sad) and main transport routes, coupled with 

its strong business tradition and available workforce. 

The industrial zone is located on the outskirts 

of Kovačica near the M-24 regional road 

(Zrenjanin – Pančevo), Kovačica-Debeljača local 

road, and the Pančevo-Zrenjanin-Kikinda regional 

railway. The zone is divided into blocks which 

cover 1.033.900 m2 total. 

The municipality offers incentives for investors, 

such as the low price per square metre 

of land, cheap utility services, and no municipal 

utility taxes and fees. Municipal authorities 

can issue required permits and documents in the 

shortest possible time. 

contact MIROSLAV KRIŠAN, 

President of the Municipality of Kovačica 

Maršala Tita 50; 26210 Kovačica 

Tel: +381(0)13/661-122; Fax: +381(0)13/661-047 

E-mail: razvoj@kovacica.org; Website: www.kovacica.org 

Languages: Slovak, English, Hungarian, Romanian 

KOVIN 

Diverse 

Potential 

Great development potential lies 

in the Deliblatska Sand Pit and the 

Danube River 

The municipality of Kovin is located in South 

Banat, covering an area of 725 square kilometres 

and has 36,802 inhabitants. The municipality 

has an excellent transport and geographic position. 

Also, there is an airport runway that can 

be a potentially important infrastructural facility. 

In the south, the municipality borders on the 

Danube River. 

Agriculture is the main economic potential with 

42,950 hectares of high-quality plough land. In addition, 

there are newly-discovered coal, gravel, and 

peat deposits. Even with such resources, the municipality 

is considered underdeveloped. 

Great development potential lies in the 

Deliblatska Sand Pit and the Danube River. The 

section of the Danube River (50 kilometres long), 

and the Deliblatska Sand Pit (30,000 hectares) are 

covered in lush forests and abundant flora and fauna, 

both considered unique natural phenomena in 

Europe. The spatial plan envisages construction of 

an international port on the Danube, several marinas, 

and two wind farms. Also, there are opportunities 

to invest in the construction of new production 

facilities. 

The industrial zone is connected directly to the 

first-class national motorway (M-24). Industrial Block 

119, located to the rear of the planned port, stretches 

over 30 hectares. There are various incentives for 

investors, including a reduced land development fee 

and favourable land regulation fees, coupled with a 

reduced fee for unequipped construction plots and 

various employment incentives. 

contact SLAVKO BRANKOVIĆ, President of 

the Municipality of Kovin 

JNA 5; 26220 Kovin 

Tel: +381(0)13-742-114; Faks +381(0)13/742-322 

E-mail: predsednik@kovin.org.rs; Website: www.kovin.org.rs 

Languages: English, Russian, Hungarian, Romanian, German 

KULA 

Tourism 

Development 

Project 

Kula’s municipal authorities 

have drawn up a tourism 

development project 

The municipality of Kula is situated in West 

Bačka County between Novi Sad, Sombor, and 

Subotica. Belgrade is 132 kilometres away, while 

the border crossing with Hungary is 66 kilometres 

away. The Danube River is 38 kilometres away. 

Agricultural land makes up 91.44% (or 43,348 hectares) 

of the land here. A total of 10,059 hectares of 

arable land is owned by the municipality. 

Due to the municipality’s natural potential and 

agricultural production dominates over manufacturing, 

with food processing being most developed. In 

addition to arable land, there are thermal springs. 

Kula’s municipal authorities have drawn up a tourism 

development project, which entails construction 

of a swimming pool, a recreational spa centre, 

and an artificial lake with sport grounds. All utility 

prerequisites have been met in order to build a 

sports and recreational centre near the Mountain 

Lodge that is going to have an artificial lake and 

stretch over 24 hectares of land. 

The Block 66 industrial zone covers an area of 

85.85 hectares. The land in Block 66, in Kula, is treated 

as urban construction land suitable for industrial 

and arts and crafts facilities, as well as warehouses 

and depositories. The industrial zones Blocks 3, 

4, and 5 and a part of the Block 10 stretch across 

78 hectares and are 66 kilometres away from the 

Hungary border crossing. 

The shortest possible period necessary for obtaining 

all the required permits and approvals for 

on-site construction is 15 days. 

contact SVETOZAR BUKVIĆ, 

President of the Municipality of Kula 

Lenjinova 11; 25230 Kula 

Tel: +381(0)25/722-220; Fax: +381(0)25/722-273 

E- mail: svetobukvic@gmail.com 

Website: www.kula.rs 


Small Steps 

The industrial zone takes up 40ha in its first phase, out of which 

20ha are for equipment with infrastructure 

MALI IĐOŠ 

With 18,100 ha of area, the municipality 

of Mali Iđoš is one the smallest in 

Vojvodina. It consists of three settlements: 

Mali Iđoš, Lovćenac and Feketić. 

It is located next to an international highway 

which connects Belgrade and Budapest. It 

is 48 km away from Subotica and 50 km from 

Novi Sad. The settlements within the municipality 

are connected by the M22 Subotica- 

Belgrade trunk road, and just a few kilometres 

from the settlement of Feketić there is the new 

international highway E-75 which connects 

Serbia and Hungary. 

TRAFFIC NETWORK 

On the E-75 highway, in 

the close vicinity of the settlement, 

there is the Feketić 

road junction and the future 

Mali Iđoš junction. 

The distance between 

Mali Iđoš and Surčin airport 

is 145 km; there are 

38 km to Čenej airport and 

50km to the Danube Port in 

Novi Sad. The railway road 

Belgrade- Budapest passes 

through the municipality, 

and there are railway 

stations in Mali Iđoš and 

Lovćenac. 

The Krivaja River 

flows through the territory 

of the municipality, from north to south, cutting 

the settlements on several occasions and flowing 

into the canal. After the Danube and the Tisa, the 

Krivaja is the biggest river in Bačka. 

TOURISM 

Traditional Days of Sour Cherries and 

Dombosfest, an all-arts festival in Mali Iđoš, is 

held in Feketić. 

The tourism and recreational centre Zobnatica, 

with a 200-year long history of stud-breeding, is a 

reasonable distance away. 

Investors can obtain 

construction and reconstruction 

permits within 48 hours 

BUSINESS PARK 

In the triangle between the E-75 highway, 

M22 trunk road and the south part of Feketić, 

there is Small Steps industrial park, completely 

ready for local and foreign investment. 

The industrial zone takes up 40ha in its first 

phase, out of which 20ha are for equipment with 


A pole-mounted substation has been working 

in the centre of the park since 2010. Ring powering 

of the zone, as well as the construction of a 

concrete mounting substation is happening this 

year. The construction of the zone’s main road, 

which is adjacent to the M22 trunk road, is being 

finished. 

‘PTP Julia mlin’ is the 

first investor in the industrial 

zone, and it starts 

working at full capacity 

next year. 

Purchases, selling and 

renting the real-estate, pro- 

jecting, reconstruction, con- 

struction of future objects, 

engineering, financial and 

tax consulting, market surveys, 

foreign-trade exchange 

and marketing affairs 

are being conducted 

in the industrial zone. 

Investors can obtain 

construction and reconstruction 

permits within 

48 hours. The zone investor benefit fee for thefirm, 

not paid in the first five years. 

Agriculture is the main economic branch, significant 

for the development of food industry and 

foundation of small and medium trade companies. 

There are a lot of free labour forces in the 

leather, metal and food industries. 

INVESTORS 

Wienerberger, Agrokons, Građamont, Montel, 

Montrom, Chik-Prom, Big-Chick, Agriromagna, 

DTD Ribarstvo. ■ 

ROBERT CSORE 

President of the municipality 

of Mali Iđoš 

“Fee on a firm is 

not being paid in the first 

five years” 

contact: 

ZITA NAGY 

Diretor Small Steps Industrial Zone 

Municipality of Mali Iđoš 

Glavna 32, 

Vojvodina, Serbia 

Tel:+381(0) 24 730 214 

opstina.maliidos@gmail.com 

small.steps.doo@gmail.com 

www.maliidos.com, 

www.kishegyes.com 

www.small-steps.biz 

Foreign languages: Serbian, 

Hungarian, English, German 


NOVI SAD 

Appealing Location 

There are 7,586 companies in Novi Sad, with most of them – 95.32% - being small 

privately-owned companies 

IGOR PAVLIČIĆ 

Mayor of Novi Sad 

“A city with strong economy 

and many corporate 

headquarters” 

contact: 

GRAD NOVI SAD 

Žarka zrenjanina 2 

21000 Novi Sad 

Tel:021/480 77 10; 480 77 84 

Fax:021/480-77 10 

Website: www.novisad.rs 

Novi Sad is the capital city of the Autonomous 

Province of Vojvodina and the second largest 

city in Serbia. 20% of Vojvodina's population 

lives in Novi Sad and its suburbus. 

The city is located on the left bank of the River 

Danube, i.e. on part of the Danudes 1,255th kilometres, 

in the south section of the Pannonian Plain. 

Novi Sad lies on the old Danubian road, in the 

place which has the best access to the Danube via 

the the crossing from Bačka to Srem county where 

the river is only 350 metres wide. According to the 

2006 census, the Vojvodinian capital is made of 16 

settlements that cover a total 

surface of 699 square 

kilometres. 

The city is only an hours 

drive from Belgrade. It was 

first mentioned in the 17th 

century (1694), which is two 

years after the construction 

of the Petrovaradin Fortress 

began. It lies on the tri-river 

area (between the 

Danube, the Tisa and 

the Sava) and is home 

to many different 

ethnic and religious 

groups. 

The city of Novi Sad is made of two municipalities 

– Novi Sad and Petrovaradin. According to 

the State Statistical Office and based on the 2002 

census, there are 299,294 people living in these 

two municipalities and their suburbus. However, 

according to the unofficial data, close to 500,000 

people live in Novi Sad and Petrovaradin today. 

Novi Sad is justly called a multi-national, multi-cultural 

and multi-confessional metropolis 

where differences are viewed as advantages. 

ECONOMY 

Novi Sad has been recording strong economic 

growth over the past few years. There are 

7,586 companies in the city, with most of them 

– 95.32% - being small privately-owned companies. 

If we look at company size, large companies 

make 0.94% of that number, medium-sized 

3.74% and small companies 95.32%. 

At the same time, there are 13,941 small, indepedent, 

mostly family-run companies. The dominant 

economic branches here are commerce, transport 

and processing industry especially food, beverage, 

tobacco, paper and cellulose production. There are 

28 banks and 19 insurance companies in the city. 

INVESTORS 

Novi Sad is a very appealing location for investors. 

There are German companeis like WAZ, 

Scholz GMBH, Sano GMBH, and Metro Cash&Carry, 

Greece-based EKO YU, Zesium 

Mobile and Telsonic Group TRS from 

Switzerland, Mohammad 

Al Maghrabi from Saudi 

Arabia, Dutch Levi 9 Global 

Sourcing, Slovenian company 

Merkur, Merkator, 

Rodić MB, Tuš and Lesnina, 

Agrokor from Croatia, 

Fondiaria from Italy, RW 

Panel S and many others. 

TOURISM 

Novi Sad has all 

attributes of a strong 

tourist centre – it is 

located at the crossroads 

of the most important 

transport routes, there are the Petrovaradin 

Fortress, the old town centre, museums, granges, 

the Novi Sad Fair, while the Fruška Gora Mountain, 

with its 17 ancient monastries, is also nearby. The 

monasteries were built between the 15th and 18th 

century as endowments of the Serbian rulers. The 

Fruška Gora National Park covers an area of 25,000 

hectares and is a nature reserve with rare flora and 

fauna, 14 lakes and 800 km of hiking trails. In addition, 

granges in Čenej, Veternik, Begeč and Kać 

have become very appealing to tourists. 

In 2006, Novi Sad became a member of the 

European Cities of Tourism organization. 

Novi Sad is justly called a multinational, 

multi-cultural and multiconfessional 

metropolis where 

differences are viewed as advantages 

EXIT 

Officially the best music festival in Europe – 

EXIT – is the most popular brand in Novi Sad today. 

Each year, 150,000 visitors come to the festival, 

most of them foreigners, with a substantial 

number of people coming from Great Britain. ■ 


NOVA CRNJA 

Agriculture 

Dominating 

Over half of the population (52.7%) 

generates income from agriculture 

and related activities 

NOVI BEČEJ 

Municipality in 

the Valley 

The municipality of Novi Bečej 

disposes of two industrial zones 

NOVI KNEŽEVAC 

Urban and Rural 

Opportunities 

The municipal authorities can 

offer substantial incentives to 

potential investors 

The municipality of Nova Crnja is located in 

northeast Banat, and belongs to Central Banat 

County. In the west and northwest, it borders 

with the municipality of Kikinda, in the south 

with the municipality of Žitište, and in the northeast, 

Nova Crnja, is close to the Romanian border.The 

municipality of Nova Crnja covers an area 

of 273 square kilometres, and its population 

is 12,924. 

People living in the municipality of Nova 

Crnja are mostly engaged in agriculture. Over 

half of the population (52.7%) generates income 

from agriculture and related activities. The municipality 

disposes of 2,600 hectares of arable 

land which is usually leased out. 

The municipality has four locations suitable 

for industrial zones. The first is over 5 hectares, 

with complete infrastructure. The second is 11 

hecatres and is suitable for the processing industry. 

The third is 10 hecatres, with complete infrastructure 

and is most suited for the tourism 

indusrtry due to the thermal springs, for which 

a feasibility study has been written containing 

data about the water’s composition, quality, and 

temperature. The fourth location used to belong 

to the former sugar refinery. It has complete 

infrastructure and excellent production halls. 

Favourable prices of construction land are an advantage 

to potential investors. The branches that 

the municipal authorities recommend for investing 

are the processing and tourism industries. 

All required permits can be obtained with 

one month. 

contact BRANISLAV DAMJANOV, 

Deputy President of the Municipality 

JNA 110, 23218 Nova Crnja 

Tel: +381 (0)23/815-030; Fax: +381(0)23/815-722 

E-mail: sonc@gimelnet.rs; Website: www.sonovacrnja.org.rs 

Languages: English and Hungarian 

The municipality of Novi Bečej is situated in 

the valley of the Tisa River. It covers an area of 

60,860 hectares, and lies on the left bank of the 

Tisa River, 66 kilometres from the Danube estuary. 

Novi Bečej is the only town whose centre is 

located on the river itself. The municipality has a 

well-developed infrastructure, including road and 

railway transport, energy, utilities, telecommunication 

and IT facilities. 

Aside from the international river route, Novi 

Bečej is connected to the Danube River via a network 

of canals. A railway line passes through all 

towns and villages in the municipality connecting 

Belgrade and Timisoara via Pančevo, Zrenjanin and 

Kikinda, and Szeged via Subotica. 

Although Novi Bečej is mainly an agricultural 

municipality, there are only a few plants processing 

agricultural produce. The most developed industrial 

branch is the production of construction materials, 

while there are also textile, chemical, metal 

and food processing industries. There are clay deposits 

suitable for the production of construction 

materials, and also thermal springs, natural carbondioxide 

and gas deposits, as well as an abundant 

cultural and historical heritage. 

The municipality of Novi Bečej disposes of two 

industrial zones. In order to stimulate economic 

growth, investments. and the preservation of cultural 

heritage, and to create new jobs and improve 

environmental protection, investors can be exempt 

from paying a land development fee, providing they 

meet certain criteria. 

contact TOMISLAV RATKOVIĆ, 

Deputy President of Municipality 

Žarka Zrenjanina 8, 23272 Novi Bečej 

Tel: +381(0)23/772-320; 

Fax: +381(0)23/772-550 

Website: www.novibecej.rs 

The municipality of Novi Kneževac is located 

in the far north section of Banat County. The 

state border with Hungary is also the municipality’s 

north border. In the south, the municipality 

borders with Čoka. In the east, it borders 

with Romania, while the Tisa River constitutes its 

western border. The bridge on the river (between 

Novi Kneževac and Kanjiža), along with the one 

between Čoka and Senta, plays an important role 

in connecting north Banat to Bačka. Also, this 

section is a part of an international transit route 

that leads to the Horgoš-Reske border crossing. 

Currently, a road between Crna Bara and Novi 

Kneževac is being built, which is a section of the 

future Banat Highway. 

Municipal authorities recommend the following 

branches for investing: food processing, agriculture, 

and production of compost and bio-gas from 

agricultural waste. Due to the municipality’s proximity 

to the Hungarian and Romanian borders, there is 

great potential for the development of tourism, both 

urban and rural. 

There is a work zone in the municipality which 

stretches across 12 hectares. The various land plots 

are suitable for light industries like food processing. 

The industrial zone has a partial infrastructure. 

The municipal authorities can offer substantial 

incentives to potential investors, including a 

reduced rent fee for land plots, dependant on the 

number of local people employed. It takes local authorities 

15 days to issue relevant permits. 

contact DRAGAN BABIĆ, 

President of the Municipality of Novi Kneževac 

Kralja Petra I Karađorđevića 1 

23330 Novi Kneževac; Tel: +381(0)230/81-031 

Fax: +381(0)230/82-076 

E-mail: predsednik@noviknezevac.org.rs 


ODŽACI 

Municipality Waiting 

for Investors 

The main comparative advantage of the municipality of Odžaci is Corridor VII, 

which encompasses road, rail and waterway routes 

PREDRAG CVETANOVIĆ 


of Odžaci 

“The main comparative 

advantage of the municipality 

of Odžaci is Corridor VII” 

contact: 

VASIL NASTOSKI 

Knaz Mihajlova 24 

Odžaci, 25250 

Tel: 025/5-742-411 

Fax:025/5-742-396 

063/343-306 

E-mail: protokol@odzaci.info 

www.odzaci.rs 

Foreign languages: English 

or German 

The municipality of Odžaci is located in western 

Bačka, on the left bank of the Danube. Part of 

the Western Bačka District, it sits across the river 

from Croatia. The municipality stretches across 

41,115.89 hectares and is made up of nine cadastral 

units. It ranks among the smaller municipalities 

in Vojvodina. 

ROAD NETWORK 

Two motorways go 

through the municipality, 

M-3 and M-18. The M-3 

motorway, Bogojevo border 

crossing – Srpski Miletić – 

Odžaci – Lalić – Kula – Vrbas, 

which cuts across the municipality 

diagonally, is important 

because it connects 

Croatia with the Subotica 

– Belgrade highway. The 

connection has been 

made even shorter by 

the new Bogojevo – 

Karavukovo road and 

it represents a new 

transport route through Odžaci. The M-18 motorway 

comes from Sombor, via Srpski Miletić, Odžaci 

and Deronje, and continues toward Bačka Palanka. 

ADVANTAGES 

The main comparative advantage of the municipality 

of Odžaci is Corridor VII (road, rail and 

waterway routes). The municipality’s proximity to 

the Croatian border and the Danube has not been 

sufficiently exploited. 

Infrastructure of national interest (border 

crossing, road and rail bridge over the Danube, 

Bogojevo port) is an opportunity to develop tourism 

and trade. One of the advantages is the possibility 

of attracting foreign and domestic investors 

to the vacant locations within the industrial and 

work zones (greenfield, brownfield). 

INDUSTRY 

Attempts were made in Odžaci to develop 

the textile industry, including the production of 

synthetic yarn and ready-made garments, cereal 

processing, the production of bread, milk and 

dairy products, and livestock feed. In recent years, 

production has ceased and the existing capacities 

sit unused. 

The municipality still 

has not met the infrastructural 

requirements for the 

arrival of foreign investors. 

Two industrial zones 

are in the process of being 

formed, on non-agricultural 

land between 

Karavukovo and Bogojevo, 

and between Odžaci and 

Bački Gračac. 

INCENTIVES 

For investors who 

hire up to 10 people, 

charges for construction 

land development 

are reduced 35 percent, and for those who 

employ over 10 people, the cost goes down 70 

percent. Investors who create over 50 jobs get an 

85 percent reduction, and over 100 new jobs will 

earn them a 99 percent discount. In case of a single 

payment for the total amount, within 15 days 

from the day of billing, and no later than the day 

the contract is signed, the investor is granted a 20 

percent discount, regardless of the purpose of the 

structure. 

Potential investors can obtain all necessary 

paperwork and permits within 100 days. 

The municipality's proximity to the 

Croatian border and the Danube has 

not been sufficiently exploited 

INVESTORS 

To date, one of the biggest investors in 

Odžaci has been Futog-based engine parts maker 

Garant. ■ 


OPOVO 

Abundant Raw 

Materials 

Thanks to its natural resources, the 

most developed economic branch 

here is agriculture 

The municipality of Opovo is 30 kilometres 

from both Belgrade and Pančevo and 40 

kilometres from Zrenjanin. It covers an area 

of 203 square kilometres with a population of 

11,016. It is located on the left bank of the Tamiš 

River, which runs through the municipality. The 

Belgrade – Zrenjanin main road and Corridor 10 

(international motorway) are only 3 kilometres 

away from the centre of the municipality. The 

R-124 regional road (Vršac-Pančevo-Zrenjanin) 

also runs through it and Nikola Tesla Airport is 


Thanks to its natural resources, the most developed 

economic branch here is agriculture. The 

Tamiš River, with its deposits of medicinal mud and 

the municipality’s ethno-cultural heritage, make 

a solid basis for tourism development. An abundant 

raw-material base and a favourable geographic 

position facilitate the development of the food 

processing industry. 

There is a plan to build an industrial zone on the 

territory that belongs to the Baranda local community. 

A total of 25 land plots will be available. Also, 

two land plots have been assigned for a power station 

and a bio-disc. 

The Utva Company in Opovo disposes of a production 

facility covering 1,600 square metres, which 

could be of interest to potential investors. The facility 

has its own energy supply. The site is suitable 

for investments from companies engaged in metal 

processing. A potential investor can obtain all required 

permits and documents in 6 to 7 months. 

contact ZORAN TASIĆ, Head of the Economy 

and Finance Department 

Borisa Kidriča 10; 26204 Opovo 

Tel: +381 (0) 13 681-030 

E-mail: zoran.tasic@3dnet.rs; Website. www.opovo.org.rs; 

Language: English 

PANČEVO 

Exceptional 

Strategic 

Position 

City-owned construction land is not 

occupied for the most part 

The town of Pančevo is located in southern 

Vojvodina at the estuary of the Tamiš and Danube 

rivers and is the economic, cultural, and administrative 

centre of South Banat and one of the most important 

industrial centres in Serbia. The town covers 

an area of 755 square kilometres. It is only 15 

kilometres from Belgrade, and 40 kilometres from 

Nikola Tesla International Airport. 

Since the pan-European Corridors 7 and 10 

run through this area, the town of Pančevo has 

an exceptional strategic position, and it also has 

good-quality road and railway links to Belgrade. 

The town lies at the estuary of the Tamiš and 

Danube rivers. 

The most important economy branches here are 

oil processing, production of plastic materials, mineral 

fertilizer production, agriculture, and the textile 

and fashion industry. It also has one of the biggest 

municipal budgets in Serbia. Pančevo is the biggest 

petro-chemical centre in the Balkans, as well as a 

metal processing centre. Pančevo has 60,000 hectares 

of high quality arable land. 

City-owned construction land is not occupied 

for the most part, while detailed spatial plans 

have been drawn up. The locations’ advantages 

are their close proximity to the river and port on 

the Danube River. If we are talking about infrastructure, 

there are water and sewage systems 

in place, as well as a telecommunications network, 

a high voltage electricity grid, a gas supply 

(in most locations), and good access to main and 

regional roads. 

contact VESNA MARTINOVIĆ, Mayor 

Trg kralja Petra I, 2-4, 

26000 Pančevo 

Tel/fax: +381(0)13/346-393; 343 222 

E-mail: gradonacelnik@pancevo.rs; Website: www.pancevo.rs 

Local Economic Development Office 

PEĆINCI 

Exclusive 

Work Zones 

Croatia, Bosnia and Herzegovina, 

Hungary, and Romania are nearby 

The municipality of Pećinci covers an area of 

483.65 square kilometres and has 21,506 inhabitants. 

Favourable transport and geographic positions 

are just some of the municipality’s potentials. 

Croatia, Bosnia and Herzegovina, Hungary, and 

Romania are nearby. 

There are several economic branches present in 

the municipality starting with food processing, machine 

building, chemical, all the way to the construction 

industry. Lately, the service sector has been developing 

a lot, particularly cinematography. The municipality 

has PFI Studios, the largest film studio 

in this part of Europe. Over 30 greenfield investments, 

worth 250 million euros, have been made 

in the municipality of Pećinci so far. Most of the investors 

come from the EU, including large companies 

from Slovenia, Austria, Great Britain, Greece, 

and Hungary, in addition to companies from Israel, 

Canada, and the US. 

The municipality’s spatial plan envisages work 

zones covering close to 1,800 hectares, which 

is a great potential for attracting new direct investments. 

There is an exclusive work zone in 

Šimanovci, where close to 30 new greenfield investments 

have been made so far. The north and 

southeast work zones stretch across 300 hectares, 

while the new Šimanovci work zone covers an area 

of 483 hectares. 

Also, two strategic documents have been adopted 

– the Spatial Plan for the Municipality of Pećinci 

and the Strategy for Local Economic Development, 

both stipulating key development directions for the 

municipality. 

contact RADIVOJ MILOŠEVIĆ, 

Director of the Development Agency 

Slobodana Bajića 5; 22410 Pećinci 

Tel: +381 (0)22/400-734; Fax: +381 (0)22/400-792 

E-mail: radivoj.milosevic@pecinci.org 

Website: www.pecinci.org 


RUMA 

The Ruma Interchange 

Investors can obtain all paperwork 

and permits necessary to start work 

within 15 days 

GORAN VUKOVIĆ 

Mayor of Ruma 

"In the vicinity 

of major centers, Belgrade 

and Novi Sad" 

contact: 

NADA HARŠ 

27. oktobra Street 38/2, 

22400 Ruma, 

Tel: +381 22 4 78007 

Fax: +381 22 4 73740 

e-mail: n.hars@japruma.com 

www.ruma.rs 

Foreign languages: English, 

German, Italian, French or Russian 

The municipality of Ruma is located near 

Mt. Fruška Gora, in the heart of Srem, between 

two international rivers, the Sava 

and the Danube. It stretches across 582 square 

kilometers. The municipality has about 60,000 

inhabitants. 

Several factors put Ruma very high on the 

map of Serbia in terms of potential for foreign 

and domestic investments. Number one 

is the vicinity of the major centers, Belgrade 

and Novi Sad. 

ROAD NETWORK 

Belgrade’s Nikola Tesla airport is only 35 

kilometers from Ruma, while the 

E-70 highway and a rail route (Corridor X) 

are on the outskirts of town. 

Corridor X connects Serbia 

with Croatia, Slovenia and all of 

Western Europe in one direction, 

and Macedonia, Bulgaria, 

Greece and further east in the other. In addition 

to the E-70, class one motorway M-21, 

from Novi Sad to Šabac, also crosses through 

Ruma. In the near future, this road should be 

turned into a highway which will connect 

Romania with Serbia, Bosnia and Herzegovina, 

and Croatia. 

BRANCHES OF INDUSTRY 

The most important industry branches in 

Ruma include the rubber, leather, textile and 

footwear industries. Gross income per capita is 

EUR 528 euros, net is EUR 378. 

Ruma trains electricians and machine operators, 

leather and textile workers, as well as all 

worker profiles for the agricultural and food industry. 

Favourable conditions for the development 

of the metal and wood-processing industries, 

logistics centers and warehouses 


The Ruma Interchange industrial zone is located 

on the crossroads of the E-70 highway 

and the M-21 motorway (Novi sad - Šabac, future 

highway Timisoara - Dubrovnik). The industrial 

zone covers 38 hectares and is owned 

by the Municipality of Ruma in its entirety. 

The zone has been divided into blocks, 

with service roads running between the 

blocks. Work is under way to provide utilities, 

with electricity, water and an access 


oad already in place. Plots vary in size 

from five to 50 hectares. The industrial 

zone is intended for all types of activity, 

except the transport and production 

of hazardous materials. 

benefits in providing utilities, and subsidies 

offered by the Ministry of Economy and 

Regional Development (from EUR 4,000 to 

10,000 per worker) to investors who build 

an industrial facility. 

The vicinity of the Fruška Gora 

monasteries makes Ruma an even 

more attractive tourist destination 

Ruma is suitable for investments in agricultural 

processing facilities, as well as textile, 

leather and footwear projects. In addition, 

Ruma offers favourable conditions for 

the development of the metal and woodprocessing 

industries, as well as logistics 

centers and warehouses due to its excellent 

geographic location. 

Investors can obtain all paperwork and permits 

necessary to start work within 15 days. 

On submitting a request to the 

Department of Town Planning and 

Utilities and Housing Services, investors 

get all the assistance they need, 

both from the Department’s employees 

and from the Local Economic 

Development Office. 

BENEFITS FOR INVESTORS 

The Municipality of Ruma offers incentives 

to investors looking to buy construction 

land, depending on the number of 

workers they plan to employ, in addition to 

INVESTMENTS TO DATE 

The biggest investments to date in 

Ruma include the acquisition of Rumaguma, 

by Czech tire maker Mitas, and a cable production 

factory opened by Kablex from 

Slovenia. 

HISTORY 

Srem was one of the Roman Empire’s 

most important border areas, and the first 

mention of Ruma dates back to 1566. 

For two centuries, from 1718 to 

1918, Ruma formed part of the Habsburg 

Monarchy. It was during this period that it 

began to develop, becoming a production 

and trade center. 

Numerous monasteries located on nearby 

Fruška Gora, along with other cultural 

and historic monuments, offer a good foundation 

for the development of tourism. ■ 


Multiethnic 

Community 

PLANDIŠTE SENTA SEČANJ 

The municipality of Plandište 

is one of eight municipalities 

in South Banat and is a 

multiethnic community 

The municipality of Plandište is one of eight 

municipalities in South Banat and is a multiethnic 

community with 20 different nationalities living 

there. It is situated in southeast Vojvodina 

at the border with Romania (along a 30 kilometre 

section). It covers an area of 383 kilometres, 

with a population of 13,337 and is comprised 

of a total of 13 small towns and villages. The M 

7/1 main road (Novi Sad – Plandište – Timisoara) 

and the R-125 regional road (Belgrade – Alibunar 

-Plandište) both run through Plandište. The municipality 

is 83 kilometres from Belgrade and 125 

kilometres from Novi Sad. 

The main economic branch here is agriculture 

since the municipality disposes of 33,000 hectares 

of arable land, of which 13,500 hectares are stateowned 

and can be leased out to a period of up to 

3 years. In addition to agriculture, Plandište has 

a plastic processing company, as well as a textile 

company. 

In the last few years, the demand for land with 

an appropriate infrastructure and suitable for industrial 

and small enterprise facilities has gone up significantly. 

There is a plan to build an 26-hectare industrial 

zone in the vicinity of the M7/1 road (Novi 

Sad – Timisoara). The land, with partial infrastructure, 

is leased out under the best possible conditions 

to potential investors for the period of 80 

years with full support from local authorities. A potential 

investor can obtain all required permits, issued 

by local authorities, within10 days. 

contact ZORAN VORKAPIĆ, 

President of the Municipality of Plandište 

Vojvode Putnika 58, 26360 Plandište 

Tel: +381(0)13/861-033; Fax: +381(0)13/861-134 

E-mail: soplandiste@hemo.net 

Website: www.plandiste.com 

3 Year 

Exemptions 

The main advantages of Senta lie 

in the town’s industrial zones 

The municipality of Senta covers an area of 

293 square kilometres. It is 46 kilometres from the 

Hungarian border and 77 kilometres from the border 

with Romania. Senta is the sub-regional centre, 

and it borders on the municipalities of Kanjiža, Novi 

Kneževac, Čoka, and Ada. The municipality’s population 

is 25,568. The E-75 motorway is 33 kilometres 

away and the M-3 main road that connects the 

Croatian and Romanian border runs through the municipality. 

There is also the regional Subotica – Senta 

– Timisoara railway line. The main advantages of 

Senta lie in the town’s industrial zones, suitable for 

greenfield investments, top quality industrial locations 

and facilities ideal for brownfield investments, 

as well as skilled human resources with competitive 

labour wages. Senta is known for its industrial production, 

and has developed a food processing industry 

which generates 50% of the municipal revenue. 

Local companies are open to joint investments. 

Senta has two industrial zones – South and West. 

The South Industrial zone has 125 hectares, with 

79.5 hectares already occupied. The West Industrial 

zone covers 38 hectares of land, with 37 hectares 

already taken, and only 1 hectare available. 

An investor can be granted a 3-year-exemption 

from paying the land development fee and the fee 

for displaying his business’s name. Municipal authorities 

will provide the needed technical assistance 

at the beginning of an investment process, as 

well as contacts with various agencies, institutions, 

and companies. The authorities will also shorten the 

process of granting permits as much as possible, 

and organize training sessions for workers with the 

help of the National Employment Service. Permits 

and documents can be obtained within 3 weeks. 

contact ANIKO ŠIRKOVÁ, 

President of the Municipality of Senta 

Glavni trg 1, 24400 Senta 

Tel: +381(0)24/813-574; Fax: +381(0)24/812-034 

E-mail: info@zenta-senta.co.rs; Website:www.zenta-senta.co.rs 

Languages: English, Hungarian and German 

Transit Tourism 

Potential 

The municipality of Sečanj is situated 

in the northeast part of Serbia in 

Central Banat County 

The municipality of Sečanj is situated in the 

northeast part of Serbia in Central Banat County, in 

the east of the autonomous province of Vojvodina. 

It takes up 523 square kilometres and has 16,377 

inhabitants. Sečanj is the administrative centre 

of the municipality. The municipality borders 

with Romania and the municipalities of Žitište, 

Zrenjanin, Kovačica, Alibunar, and Plandište. Sečanj 

is located on the first-class state route M-7.1 and 

the Zrenjanin-Sečanj-Plandište-Vršac railway line. 

Sečanj is 95 kilometres north of Belgrade, 87 kilometres 

from Novi Sad and is also only 14 kilometres 

from the border with Romania. 

The municipality disposes of natural potentials 

like arable land, water resources, rawmaterials, 

substantial deposits of clay used in 

brick production, and has all the prerequisites 

for hunting, fishing, sports, recreational, cultural, 

and transit tourism development. The main 

economic activity here is agriculture. There are 

available capacities for oil plants and crop storage 

and the municipality has a plan to create a 

fishing location and open a beach in Krajišnik, as 

well as one on the Tamiš River. 

Currently, the municipality is pinning its hopes 

on making the Northwest Work Zone in Sečanj functional. 

The zone covers 52 hectares of land (36 hectares 

available for lease). Municipal authorities have 

drawn up a detailed regulation plan, the zone has 

electricity, and works are being done on connecting 

it to the gas supply. 

contact DEJANA MILOŠEVIĆ, 

Head of the Economy Department 

Vožda Karađorđa 57; 23240 Sečanj, 

Tel: +381(0)23/842-066 

E-mail: mdejana@beotel.net 

Website: www.sosecanj.rs 


SOMBOR 

Most Stateowned 

Arable 

Land 

Sombor disposes of the biggest 

state-owned arable land in the area 

SRBOBRAN 

Oil and Gas 

Potential 

There are oil deposits and larger 

gas deposits, which are currently 

being exploited 

SREMSKI KARLOVCI 

Economically 

Diverse 

The municipality of Sremski Karlovci 

is the smallest municipality in the 

autonomous province of Vojvodina 

The town of Sombor is located in the most northwestern 

part of the Republic of Serbia. Sombor’s 

population numbers 42,235. Most of the population 

is engaged in agriculture, hunting and forestry followed 

by the processing industry, retail, vehicle repair, 

health services, and social work. 

The town of Sombor is situated between two 

pan-European corridors – 7 and 10. The town is 

connected to the pan-European road Corridor 10. 

Passenger and cargo railway transport is carried out 

via a one-track railway line. 

Sombor disposes of the biggest state-owned arable 

land in the area, and is an ideal location for investing 

in agriculture, which provides an excellent 

raw-material basis for the food processing industry. 

This has been recognized by foreign investors who 

have invested substantial funds in the development 

of the dairy industry. Furniture production, as one 

branch of the wood processing sector, is the most 

developed industrial branch in Sombor. 

Sombor’s industrial zone is located along the 

southeastern town limits, and covers an area of 500 

hectares. The zone has a primary gas supply, electricity, 

running water, wastewater sewage, a road 

network, and partially-constructed atmospheric 

sewage, which is connected to drainage canals. 

If the town authorities or institutions are in 

charge of issuing required permits, then the issuing 

period is up to 7 days, provided that an investor 

submits complete and accurate documentation. The 

Local Economic Development Office is the contact 

point for any questions regarding permits. 

contact MIHAEL PLAC, Head of the Local 

Economic Development Office 

Trg Cara Uroša 1, 25000 Sombor 

Tel: + 381(0)25/468-160; Fax: + 381(0)25/468-156 

E-mail. klersombor@gmail.com; Website: www.sombor.rs 

Languages: English, German, Hungarian 

The municipality of Srbobran is situated in 

Vojvodina, stretches across 284 square kilometres 

and has 17,855 inhabitants. The E-75 motorway, 

the M-3 and M-22 main roads all run 

through the municipality. Also, there is a section 

of the DTD Canal here. The municipality is 70 kilometres 

from the state borders with Hungary, 

Romania, and Croatia. 

The most developed economic branches are: 

agriculture, wood and metal processing, manufacturing 

rubber products, construction, transport, 

and others. Ground water is usually used 

to irrigate crop fields, while the Great Bačka 

Canal is used for water transport. There are oil 

deposits and larger gas deposits, which are currently 

being exploited. Fishing and hunting are 

also quite popular. The municipality’s geographic 

position, raw-material base (for food industry) 

and transport infrastructure all make good 

prerequisites for industrial facilities. We ought 

to mention that land plots here are leased out 

free of charge. 

The municipality of Srbobran has two industrial 

zones. The first one covers 60 hectares and 

has a detailed regulation plan. Infrastructure is 

currently being built in the zone. The second 

zone covers an area of 90 hectares. 30 hectares 

are state-owned with municipal authorities having 

utilization rights. This zone has a utility infrastructure 

and the plan is to extend the road network 

here, construct a water supply system, and 

build new power stations. 

contact DRAGAN ŠARČEV, 

Head of Municipal Administration 

Trg Slobode 2, 21480 Srbobran 

Tel: +381(0)21/730-020; Fax: +381(0)21/731-079, 

E-mail: srbobran@eunet.yu; Website: www.srbobran.rs 


The municipality of Sremski Karlovci is the 

smallest municipality in the autonomous province 

of Vojvodina, it covers an area of 5,054 hectares. 

The municipality is exceptionally situated, it lies 

at the very northeastern part of Srem County at 

the foot of the Fruška Gora along the bank of the 

Danube River. Novi Sad is 10 kilometers away and 

Belgrade only 65 kilometres. 

The economic branches in Sremski Karlovci 

are diverse and include construction materials 

production, metal processing, textile industry, 

transport, and retail. Tourist capacities in 

Sremski Karlovci are also continuously developing. 

A master plan for the development of tourism 

has been written. 

The municipality has four separate areas for 

various purposes. The first area (3.23 hectares) 

and is ideal for tourist and sports activities. The 

second area, nearly 3 hectares, is also suitable for 

sports and recreational activities. The third area (6 

hectares) is ideal for tourist and general-purpose 

business activities. 1.5 hectares is designated for 

a beach. The fourth area (5 hectares) is an ideal 

location for fishermen and weekend houses. 

The municipality has a work zone covered 

by a detailed regulation plan. The Provincial 

Secretariat for Science and Technology 

Development provides incentives in terms of giving 

grants for equipment used by investors that 

invest in the municipality of Sremski Karlovci. 

The condition is that investments have to be 

made in advance technology. 

contact VLADIMIR ŽERAVICA, 

Economy and Agriculture Executive Officer 

Trg Branka Radičevića 1, 21205 Sremski Karlovci 

Tel: +381(0)21/6853-000; Fax: +381(0)21/6853-077 

E-mail:sremkarl@eunet.rs 

Website: www.sremski-karlovci.org.rs 


SREMSKA MITROVICA 

Three Industrial Zones 

An investor that plans to build a production facility covering over 2,000 

square metres and that employs over 100 workers will be exempt from paying 

the land regulation fee 

BRANISLAV NEDIMOVIĆ 

Mayor of Sremska Mitrovica 

“Industrial zones which are 

all regulated by relevant 

documents” 

contact: 

BRANISLAV NEDIMOVIĆ 

Mayor 

Svetog Dimitrija 13 

22000 Sremska Mitrovica 

tel. 022/610- 572 

fax 022/610-562 

e-mail gradonacelniksm@gmail.com 

www.sremskamitrovica.org.rs 

DANIJELA MEĐEDOVIĆ 

The Local Economic Development 

Office 

Svetog Dimitrija 13 

22000 Sremska Mitrovica 

tel. 022/610-572 

fax 022/610-562 

e-mail smkler@gmail.com 

Sremska Mitrovica is located in the northwest 

part of Serbia, i.e. in south-west 

Vojvodina. It has direct access to the E-70 

motorway and indirect access, via Belgrade, to the 

E-75 motorway. Also, the town has a direct access 

to the Vienna-Thessaloniki international railroad 

which lies on Corridor X. The town is only 50 

km from Nikola Tesla Airport. The area of Sremska 

Mitrovica is connected 

to the main roads 

M-18 and M-21, to the 

Danube River via the 

Sava and to Corridor 

VII. The state border is 

40 km away. 

The dominant economic 

branches are the 

processing and food industry, 

wholesale trading, 

agriculture, hunting 

and forestry, transportation 

and storage, 

electrical industry and 

ferrous metallurgy. The 

average gross salary 

here is 350 euros. 

When it comes to 

the educational profile, 

4.08% of the entire 

workforce has a university 

degree, 4.05% has 

a junior college degree, 

42.29% has finished 

high school, 23.91% 

primary school and 

20.17% seven years of 

primary school. Their skills are very diverse. 

The town of Sremska Mitrovica has three fully 

infrastructurally equipped industrial zones – 

Sever (North), Sever II (North II) and Jezero (The 

Lake) which are all regulated by the relevant documents, 

i.e. the General Regulation Plan and the 

Detailed Regulation Plan. 

The dominant economic branches 

are the processing and food 

industry, wholesale trading, 

agriculture, hunting and forestry 

BENEFITS AND SUBSIDIES 

An investor that plans to build a production 

facility covering over 2,000 square metres 

and that employs over 100 workers will be exempt 

from paying the land regulation fee. In 

the case of investors who are going to build 

smaller facilities and employ under 100 people, 

the land regulation fee will be reduced by 

20% providing that they pay the entire fee at 

once. Investors can pay this fee in 12 monthly 

instalments, but, 

in this case, the 20% 

discount does not apply. 

It takes up to 60 

days for the municipal 

authorities to issue 

the required permits 

and documents. 

The biggest investors 

in Sremska 

Mitrovica: 

- Hrana Produkt, production 

and sale of 

fodder 

- Slaviamed, production 

and distribution of pharmaceutical 

products 

- Eaton Electric, production 

and distribution of 

electronic equipment 

- Metalfer – Steel Mill, 

rebar and wire rolling 

mill 

- Sirmium Steel, production 

and distribution 

of steel beams 

- Mitsides Point, production 

and distribution 

of flour and pasta 

- MC Bauchemie, production and sale of construction 

additives 

- Lames, production of electric car window motors, 

a FIAT subcontractor. 

There is a possibility of opening new courses 

at the local high school to suit investors’ needs, 

and the investors can co-operate with the high 

schools in order to train pupils for working in 

their companies. ■ 


STARA PAZOVA SUBOTICA ŠID 

Over 600 SME's 

The municipality of Stara 

Pazova has a long tradition in 

small business 

The municipality of Stara Pazova has an excellent 

geographic position. It is 30 kilometres 

from Belgrade and 40 kilometres from Novi Sad. 

All main transport routes intersect the municipality. 

The international railway connects the municipality 

with Subotica and further on with Munich 

(northbound), and with Niš and further on with 

Greece (southbound). Nikola Tesla Airport is 25 

kilometres from the centre of Stara Pazova, while 

Batajnica military aiport is only 8 kilometres away. 

The Danube River runs along the east outskirts of 

the municipality which rounds off the municipality’s 

transport network. The municipality covers an 

area of 351 square kilometres. 

The municipality of Stara Pazova has a long tradition 

in small business. It has over 600 small and 

medium enterprises. The municipality has diverse 

industrial branches – metal processing, plastic, rubber, 

wood processing, construction, and many others. 

Agriculture is one of the most important economic 

branches. Stara Pazova has 30,000 hectares 

of arable land, with emphasis on crop farming. 

There are four industrial zones in the municipality: 

• East Work Zone in Stara Pazova – 125 hectares 

• North Work Zone in Stara Pazova – 100 hectares 

• Industrial zone in Nova Pazova (Block 25) – 87 hectares 

• Industrial zone in Krnješevci – 580 hectares 

The land development fee can be paid in 24 installments. 

All required building permits can be obtained 

within two months’ time. 

contact GORAN JOVIĆ, 

President of the Municipality of Stara Pazova 

Svetosavska 11, Stara Pazova 22300 

Tel: +381(0)22/310-170; Fax: +381(0)22/310-000; 

E-mail: goran.jovic@starapazova.eu; www.starapazova.eu 

Languages: English, Slovak 

A Most Suitable 

Location 

Subotica is the first city to obtain 

former military land and barracks 

from the army 

The city of Subotica is situated in the northernmost 

part of Serbia and stretches across 1008 

km². The city is easy to reach due to the good 

connection with Corridor X, the W-85 railway, 

and two international border crossings 10-30 km 

away. The nearness of the border to the European 

Union and the well-developed and functioning logistics 

in production and trade make Subotica the 

most suitable location in Serbia for investments 

that target foreign markets. Dominating industries 

are agriculture, production and processing of 

food products, electrical industry, metallurgy and 

chemical industry, and the service sector. 

Subotica is the first city to obtain former military 

land and barracks from the army and has also 

obtained agricultural land from the state. The city 

administration, together with public utilities and 

enterprises, is determined to facilitate these locations 

fully according to investors’ needs, and currently 

detailed planning is in process. 

The incentives the city offers are in line with 

the newly-adopted Law on Spatial Planning. 

There are special conditions defined for big investments, 

which can be determined case by 

case. Subotica also offers the services of the 

Free Zone Subotica Ltd, which has the capacity 

to host production and storing with special customs 

and VAT incentives. Also, for investors interested 

in tourism, a detailed Master Plan has 

been drawn up for the development of tourism 

around Lake Palić. 

contact SAŠA VUČINIĆ, 

Mayor of the City of Subotica, 

Simonida Pavićević, Chief of Local Economic 

Development Office, Trg slobode 1, 

Tel/Fax: +38124666677 

E-mail: mayor@subotica.rs 

Food, fishing 

and Forests 

The municipality of Šid borders 

on the Republic of Croatia and the 

Republic of Srpska 

The municipality of Šid borders on the Republic 

of Croatia and the Republic of Srpska. It has 38,973 

inhabitants. There are eight border crossings on the 

municipality’s territory. The road network in the municipality 

good. The E-70, the M-18 and M18/1, and 

the R-106, R-103 and R-128 all run through the 

municipality. Also, there is the main railway line 

Belgrade – Šid – state border that links the municipality 

to the Republic of Srpska and the Republic 

of Croatia. 

The municipality has a total of 41,316 hectares 

of agricultural land, 21,768 hectares of forest, 

and 838 hectares of water. The following industrial 

branches are developed in the municipality of Šid: 

agriculture, forestry, water supply, fishery, processing, 

food processing, and chemical industries. 

The municipality has five industrial zones. 

Industrial zone 1a (115.09 hectares) is situated 

between Šid and the state border with Croatia. 

Industrial zone 1b (113.11 hectares) is located 

at the north section of the R-103 regional 

road. Industrial zone 2a (30.62 hectares) is located 

between Šid and Adaševci. Industrial zone 

4 (107.81 hectares) is owned by the municipality 

and near to the E-70 motorway. Industrial 

zone 2b (29.11 hectares) is near the eastbound 

section of the M 18.1 road. All zones have partial 


An urban planning excerpt can be obtained 

within 8 days, an urban planning act within 30 days, 

building permit in15 days, and a registration of construction 

works in 8 days. 

contact NATAŠA CVJETKOVIĆ, 

Municipality’s president 

2, Karađorđeva; 22240 Šid 

Tel: +381 (0)22/712-002; Fax: +381(0)22/715-708 

E-mail: ppzr@opstinasid.org; Website: www.sid.rs 



EU Border 

Nearby 

TEMERIN TITEL VRBAS 

Temerin is only 100 kilometres 

from the EU border, 80 kilometres 

from Belgrade, and 7 kilometres 

from Novi Sad 

The municipality of Temerin covers an area of 

170 square kilometres, has a population of approximately 

20,000 and is located in the southeast part 

of Bačka. In the east, it borders with the municipality 

of Žabalj, in the north with the municipality of 

Srbobran, in the west with the municipality of Vrbas, 

and in the south with the city of Novi Sad. Temerin 

is only 100 kilometres from the EU border, 80 kilometres 

from Belgrade, and 7 kilometres from Novi 

Sad. Having Novi Sad, the most developed economic 

centre in Vojvodina, nearby has certainly contributed 

to the municipality’s development so far and 

will continue to be a driving factor in its growth. 

The biggest economic potentials lie in agriculture, 

metalworking, trade, services, and others. 

When it comes to the revenue it generates, agriculture 

is a very important economic branch. The municipality 

of Temerin disposes of 15,748 hectares 

of agricultural land, which represents 92.8% of the 

entire municipality’s territory. Most of this land is 

plough land and vegetable gardens. Orchards and 

vineyards comprise 100 hectares. Following agricultural 

reforms, cooperatives were established and 

they currently manage 27% of the entire agricultural 

land, including land owned by the municipality of 

Temerin (2,746 hectares of it). Today, there are close 

to 1,000 enterprises in the municipality, employing 

over 1,700 workers. 

The shortest possible period necessary for obtaining 

all required building permits and approvals 

is six months. 

contact GUSZTON ANDRÁS, 

President of the Municipality of Temerin, 

Novosadska 326, 21235 Temerin 

Tel: +381(0)21/843-888; Fax: +381(0)21/842-792 

E-mail: predsednik@temerin.rs; Website: www.temerin.rs 

Languages: Hungarian and English 

Location 

for Nautical 

Tourism 

There is the Emperor’s Swamp 

near Titel, which is a unique 

nature reserve 

The municipality of Titel is located in southeast 

Bačka at the estuary of the Tisa and Danube 

rivers. It covers an area of 263.5 square kilometres. 

The town of Titel lies on three rivers, including 

the Tisa River. There is the Emperor’s Swamp 

near Titel, which is a unique nature reserve. Titel 

borders with the city of Novi Sad and the other 

municipalities. Titel has a well-preserved environment 

and is the administrative, economic and cultural 

centre of the municipality. 

Both the municipality of Titel and the region 

have all the prerequisites for stable and profitable 

agricultural production. Agricultural production 

has a 65% share in the municipality’s gross 

income, with crop farming being a dominant activity, 

followed by cattle breeding and vegetable 

growing. Also, a great potential lies in processing 

of agricultural produce. A project has been drawn 

up stipulating construction of a cargo port in Titel. 

Titel’s geographic position could potentially make 

the municipality a centre of nautical tourism. 

The work zone covers an area of 450 hectares. 

A full infrastructure, good transport connections, 

proximity to the biggest C-class airport in 

the Balkans, a possibility of collaboration with local 

farmers, existing facilities for metal and plastic 

processing, a clean environment, efficient administration, 

and a qualified, inexpensive, and 

young workforce are all good for investors. The 

Free Zone in Block 65 covers 50 hectares and has 

a complete infrastructure. 

contact SLAVOLJUB RADIĆ, 

Head of Cabinet 

Glavna 1, Titel 21240 

tel: +381(0)21/860-186; fax: +381(0)21/861-553 

E-mail: uprava@opstinatitel.rs 

Website: www.opstinatitel.rs 

Centre of Bačka 

A favourable geographic and transit 

position is one of the main reasons 

why Vrbas is considered the centre of 

Central Bačka 

The municipality of Vrbas is located in South 

Bačka. It stretches across 376 square kilometres and 

has 45,755 inhabitants. A favourable geographic 

and transit position is one of the main reasons why 

Vrbas is considered the centre of Central Bačka. The 

municipality is located at the crossroads of roads 

like Sombor-Vrbas-Bečej, Vrbas-Bačka Palanka, 

and Vrbas-Subotica. The international railway line 

Belgrade-Budapest and local railways Novi Sad- 

Sombor and Sombor-Bečej all run through Vrbas. 

The municipality’s territory is also intersected by a 

network of canals. 

Vrbas is one of the most developed business, 

transport, trade, and administrative centres in the 

area. Agriculture is the central economic branch 

here. 90.07% of the entire land is arable, most of it 

being plough land (96.98%). 

There are 17 industrial zones (or locations) in 

the municipality suitable for investing. They are 

publicly owned, while in rural areas, they are both 

publicly and privately owned. Business zones have 

relevant spatial planning documents and they are 

purely commercial. Their advantages are: favourable 

price of land plots, payment in installments, full 

or partial infrastructure and close proximity to good 


The municipality’s Spatial Planning 

Department has to issue all required permits and 

documents in 8 to 15 days, provided that potential 

investors submit complete documentation. If 

they fails to do so, it will take them between 30 

and 45 days to obtain permits. 

contact VUKAŠIN VUJIČIĆ, 

Assistant to municipality’s president 

Maršala Tita 89, 21460 Vrbas 

Tel: +381(0)21/7954– 000; E-mail: sovrbas@eunet.rs; 

vrbas@eunet.rs; Website: www.vrbas.net 

Languages: English, Russian, Hungarian 


Agro-industrial centre 

The most developed part of the economy is industry- food, textile, metal, 

chemical and natural gas production 

ZRENJANIN 

Zrenjanin is the biggest city in the Banat region 

and its political, economic, cultural 

and sport centre. By the size of its territory 

(1326 square kilometres) it represents the biggest 

city in Vojvodina, and the second biggest in 

Serbia. About 140,000 people, of more than 20 

nationalities live in Zrenjanin. 

Zrenjanin lies on the banks of the Begej and 

the Tisa. The terrain of the municipality is distinctly 

lowland. The altitude is 

80 metres, ranging from 77 to 

97m at the territory of the city. 

Zrenjanin is 75km away from 

Belgrade, and 50km away from 

Novi Sad. Such a location makes 

the city an exceptionally important 

transit centre. Zrenjanin is 

53km away from the Romanian 

border, Srpska Crnja border 

crossing and 43km from Jaša 

Tomić border crossing. 

ZRENJANIN AIRPORT 

The complex spreads 

1,100 ha and is the biggest 

C-class airport in 

the Balkans with the 

supporting infrastructure 

for the admission 

of small passenger, agricultural 

and transport airplanes with up to seven 

tones load capacity. The river network is represented 

by the river Tisa, which is navigable on 

its entire length through the city. At the Begej 

River, as a part of the hydro-system Rhyne-Main- 

Danube, there are two dockyards, and the construction 

of a port has also been planned. 

ECONOMY 

Zrenjanin is among the bigger agro-industrial 

centres in Serbia. The most developed part of the 

economy is industry- food, textile, metal, chemical 

and natural gas production. 

According to the Employment Bureau, the 

city of Zrenjanin currently has 12,673 unemployed 

people. The average gross salary is 

€482.8 per month. 

Zrenjanin is one of the six cities 

in Serbia where the duty-free 

zone is functioning, and the city’s 

partner in running the zone is 

Slovenian company ‘Kolpa’ 

INDUSTRIAL ZONE BAGLJAŠ- ELEMIR 

Located at the exit from the city, in close vicinity 

of the Zrenjanin- Novi Sad trunk road and the 

city’s ring road. Phiwa Walther Group (Germany), 

Pompea (Italy), Inmed (Serbia- Croatia), Mehler Baps 

(Germany), UM-ING (Serbia), Fulgar (Italy), Arcadom 

(Hungary), Supernova (Austria), Draexlmaier 

(Germany), Demex (Serbia) and Geze (Germany) all 

do business in this zone. 

EČKA ZONE 

The entire zone is structured 

construction ground; it is flat 

terrain- no infill work is needed. 

The industrial zone is set on the 

way to Belgrade. The lots are 

suitable for industrial construction 

due to their regular shape 

and placement. 

Ćirkom OM Engineering, Altis 

Chemicals, Jovanović, Alpin, ITS 

Balkan, EFM Fabrikation, Luxol, 

Omnia Pack and Eurowind body 

parts do business within 

the zone. Zrenjanin is one 

of the six cities in Serbia 

where the duty-free zone 

is functioning, and the 

city’s partner in running 

the zone is the Slovenian 

company ‘Kolpa’. Zrenjanin's main street is the first 

city in Serbia with free wireless Internet access. 

INVESTORS 

Agrokor; Bongrain Sas; Kolpa ; Pompea Spa; Phiwa 

Group; Mehler Baps; Geze; Draexlmaier; Fulgar. 

RECOGNITIONS 

2006- The most pro-active city for investments 

in Serbia; 2007- Municipality of the future- Let us 

promote the best; 2008- Zrenjanin is the best in 

Serbia, the second in South-East Europe according 

to the World Bank project- Doing business in South 

East Europe 2008; 2008- Invest in Serbia 2008, 

competition for the best promotion of investment 

potentials of cities and municipalities, scored another 

victory for Zrenjanin. ■ 

DR MILETA MIHAJLOV 

Mayor of Zrenjanin 

“Municipality of 

the future, we promote 

the best” 

contact: 

PREDRAG STANKOV 

Assistant Mayor 

Sloboda Square 10 

23000 Zrenjanin 

Tel: 023/ 315 00 93 

Fax: 023/ 315 00 99 


VRŠAC 

Pharmacy 

Leading Branch 

The municipality offers exclusive 

incentives for investing in the 

Industry & Technology Park 

ŽABALJ 

Good Railway 

Network 

The municipality has good road 

links and a well-developed railway 

infrastructure 

ŽITIŠTE 

Bordering 

Romania 

Numerous thermomineral springs 

are yet to be sufficiently exploited 

The municipality of Vršac has a very favourable 

geo-strategic position and has a developed 

road infrastructure. It is located on the Belgrade – 

Timisoara international route. The international railway 

line Vienna – Budapest – Belgrade – Bucharest 

also runs through Vršac. 

The most developed industrial branches 

here are pharmaceutical, chemical, and food industries. 

The leading pharmaceutical company 

in the region and wider is Hemofarm Stada, one 

of the initiators of the Industry & Technology 

Park. Vršac is also one of the biggest agricultural 

centres in South Banat, with over 60,000 hectares 

of arable land. 

The municipality of Vršac has devised two industrial 

zones – a north industrial zone (120.5 

hectares) and a south industrial zone (286.5 hectares). 

The south zone is a general-purpose work 

zone. There is also a zone suitable for tertiary activities, 

small business, a goods & transport zone, 

and a free zone with customs clearance offices. 

The Park has a complete transport infrastructure, 

water supply, sewage, a 20-KV-electric grid, and 

telephone lines. 

The municipality offers exclusive incentives for 

investing in the Industry & Technology Park (ITP). ITP 

is the only such park in Serbia suitable for pharmaceutical 

producers. 

The Municipality of Vršac has been declared 

the best investment location in Serbia at 

the ‘Invest in Serbia’ Fair organized by USAID’s 

MEGA Program. 

contact DEJAN MAK, local economic development 

office coordinatorTrg Pobede 1 

26300 Vršac 

Tel/Fax: +381 13 832-640 

E-mail: dmak@vrsac.org.rs; Website: www.vrsac.org.rs 

Languages: English, French, Romanian 

The municipality of Žabalj is located in the 

Šajkaška area of South Bačka County and has a 

population of 27,513. The municipality covers 

an area of 400 square kilometres and is located 

in the very heart of Vojvodina. Žabalj is situated 

west of the Tisa River between the municipalities 

of Bečej, Srbobran, Temerin, Novi Sad, and 

Titel. On its east side it borders with Novi Bečej 

and Zrenjanin. 

The municipality has good road links and a 

well-developed railway infrastructure, but this 

is only used to transport cargo. Nikola Tesla 

International Airport is 80 kilometres. There are 

many waterways in the municipality like the Tisa, 

Stara Tisa (Old Tisa), and Jegrička rivers and a 

network of canals called Danube – Tisa- Danube. 

The Tisa is suitable both for domestic and international 

river transport. 

The most important economic branches in 

the municipality are: agriculture, the processing 

industry, wholesale, and retail. Arable land covers 

32,255 hectares of the municipality’s 40,000 

hectares. 

The, 42 hectare, Žabalj East Work Zone is an 

exceptional location, situated on the M-7 main 

road, 20 kilometres from Novi Sad, 25 kilometres 

from Zrenjanin, and 80 kilometres from Belgrade. 

The zone has a plan for additional regulation and 

relevant technical documentation. 

It can take up to 15 days for an investor to 

obtain information on location, a location permit, 

and other required documents. It also takes up to 

15 days to obtain a building permit. 

contact ČEDOMIR BOŽIĆ, Member of the 

municipal administration 

Nikole Tesle 45, 21230 Žabalj 

Tel: +381(0)21/831-035; Fax: +381(0)21/831-094 

E-mail: cedomirbozic@gmail.com; Website : www.zabalj.rs 

Languages: English, German and Russian 

The municipality of Žitište is a border municipality, 

in the east it borders with Romania. 

The municipality of Žitište stretches across 525 

square kilometres and has 21,000 inhabitants. 

The transport infrastructure here is quite developed. 

The Timisoara–Kikinda–Zrenjanin–Belgrade 

railway is some 18 kilometres away. Also, there is 

the Begej Canal. 

Agricultural production is the foundation 

of Žitište’s economy. There are several fish 

ponds with developed sport fishing, as well as 

a pheasant farm nearby. Numerous thermomineral 

springs are yet to be sufficiently exploited. 

Municipal authorities have drawn up the 

‘Study on Exploitation and Utilization of Thermo- 

Mineral Springs,’ which shows thermomineral 

springs containing healing substances scattered 

all over the municipality’s territory. There are opportunities 

for investing in production of biomass 

and dehydration of agricultural produce, as 

well as in the food industry, plastic product production, 

construction materials production, and 

the textile industry. 

The industrial zone is owned by local authorities. 

There are two locations in the zone: LOCATION 

1 - Site: Industrial zone Plastika; Total area: 3 hectares; 

Type of ownership: state owned; Intended 

use: construction of industrial plants. LOCATION 2 - 

Site: Industrial zone Bioferm; Total area: 15 hectares; 

Type of ownership: state property; Intended use: 

construction of industrial plants and small-scale industry 

premises. 

contact IGOR SALAK, 

Massistant to the municipality’s president 

Cara Dušana 15; 23210 Žitište 

Tel: +381(0)23/821-306 

E-mail: selakigor@yahoo.com; Website: www.zitiste.org

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