WHY INVEST IN SERBIA? WHY BUY SERBIAN?€¦ · Terazije 23/VII, 11000 Belgrade, Serbia Serbian...

2
Agricultural and food products coming from Serbia are of the highest quality. Our mild continental climate creates a perfect environment for growing a variety of fruit and vegetables. Serbia is one of the world’s leading producers of raspberries, with a high production of grapes, sour cherries, plums, strawberries, wheat, maize, sugar beet, and sunflower. The crisp mineral waters from our springs are of the highest standards and are known worldwide. Serbia has a good previous reputation as an exporter and our goods and services are known worldwide. Doing business with Serbian partners is traditionally based on quality and trust. Our presence on the international market is increasing again. Products coming from Serbia and services provided by Serbian companies comply with high EU standards. Many producers have obtained ISO 9000 certificates, as well as certificates from various national authorities guaranteeing the quality of their products or services on the international market. Needless to say, all the products and services come at extremely competitive prices, making Serbian companies a partner to consider. SIEPA is here to help you pick the perfect Serbian partner to do business with. Whether you are interested in construction or packaging, fruit jams or pharmaceuticals, our capable staff is here to find the partner that suits you best! “European Center for Marketing Research (EMRC), Brussels, has awarded Serbian company “Fresh & Co” with the “Euromarket 2003” award for being the most promising agricult ural plant and having the best quality in the field of production of natural fruit juices in the Region of South East Europe”. Euromarket Forum 2003 – Development of agro-business projects on the markets of developing countries Macroeconomic stability The GDP growth at the annual level close to 5%, aiming to be retained in the years to come, decreasing inflation rate projected to reach the average EU level by 2005 and a stable national currency, provide a solid basis for doing business in Serbia. ”Yugoslavia made the most significant reform gains among 37 transition countries this year, with the fastest progress in the banking sector” Transition Report for 2002, EBRD. Favorable tax regime The tax regime in Serbia is set to be the most favorable one in the region: with the corporate profit tax set at 14%, tax deductions for investing in fixed assets, SME’s, state subsidies for creating new jobs, a 10–year tax holiday for investments over 10 million EUR, and creation of more than 100 new jobs, various tax exemptions and other incentives, makes this goal fully achieved. Strategic geographic position For those who want to start and expand their businesses in CEE and SEE, Serbia is place to be: a natural gateway between South East Europe, Western and Central Europe, positioned at the intersection of Pan European corridors no. 10 and no. 7, the proximity of the Adriatic Sea and a well–developed transportation network make Serbia a location that offers great accessibility. “From where we stand, Serbia is a location to invest in. Our expectations have been met and we are determined to maintain a strong presence on the Yugoslav market and use it as a basis for our further development in this region.” Mr. Jerome Bayle Managing Director, Tetra Pak Low labor and utility costs Companies are constantly seeking ways of achieving more with less. One of the main things that attract foreign investors is high efficiency deriving from low labor and utility costs. Outsource your production and achieve the same quality at lower expense. “The comparative advantage of Serbia is reflected in its educated workforce, low wages, functioning infrastructure, cheap overheads, strategic position in the center of the Balkans, as well as the potential for expanding to other Balkan countries through Serbia.” Christian Delmas, President–General Manager Societe General Yugoslav Bank Human capital Every year thousands of young graduates leave universities and colleges. Highly educated people, fast, receptive to new technologies, especially IT, well–versed in foreign languages, represent Serbia’s true capital. On the other hand, there is a great availability of skilled and productive workforce with a wealth of experience, both in managerial and manufacturing activities. “Serbian workforce has the skills to compete on the global market, which has been proven a thousand times. Also there’s a spirit of entrepreneurship and an ever–growing market, which makes us positive that in the next few years Serbia will take the leading role in region’s economy.” Mr. Klod Kolaro, Oracle Country director for Bulgaria and Yugoslavia Accessibility Healthy Trust EU standards ...and SIEPA Growth Quality Efficiency Security Profit Free Trade Agreements Serbia is in the middle of the South East Europe Free Trade Area that enables duty–free access to a market of 60 million people. The diversity of the eight countries in the area, in terms of their position, legal environment, growth potential, availability of resources and prices, offers a great opportunity for companies to combine different parts of the region in order to achieve the best business performance. On the other hand, Serbia and Montenegro is the only country outside CIS that has a Free Trade Agreement with the Russian Federation, making it possible to reach a market of150 million people. “Because of the geographical location of the country, and also if you look at the cities and the potential, I believe that Belgrade can really play a very important role in South–eastern Europe.” Mr. Christoph Greussing Chairman of the Board of Directors HVB Belgrade. WHY BUY SERBIAN? WHY BUY SERBIAN? WHY INVEST IN SERBIA? WHY INVEST IN SERBIA? ��������� ��� �������������� ���� �� ������������������������������

Transcript of WHY INVEST IN SERBIA? WHY BUY SERBIAN?€¦ · Terazije 23/VII, 11000 Belgrade, Serbia Serbian...

Agricultural and food products coming from Serbia are of the highest quality. Our mild continental climate creates a perfect environment for growing a variety of fruit and vegetables. Serbia is one of the world’s leading producers of raspberries, with a high production of grapes, sour cherries, plums, strawberries, wheat, maize, sugar beet, and sunflower.The crisp mineral waters from our springs are of the highest standards and are known worldwide.

Serbia has a good previous reputation as an exporter and our goods and services are known worldwide. Doing business with Serbian partners is traditionally based on quality and trust. Our presence on the international market is increasing again.

Products coming from Serbia and services provided by Serbian companies comply with high EU standards. Many producers have obtained ISO 9000 certificates, as well as certificates from various national authorities guaranteeing the quality of their products or services on the international market.Needless to say, all the products and services come at extremely competitive prices, making Serbian companies a partner to consider.

SIEPA is here to help you pick the perfect Serbian partner to do business with. Whether you are interested in construction or packaging, fruit jams or pharmaceuticals, our capable staff is here to find the partner that suits you best!

“European Center for Marketing Research (EMRC), Brussels, has awarded Serbian company “Fresh & Co” with the “Euromarket 2003” award for being the most promising agricult ural plant and having the best quality in the field of production of natural fruit juices in the Region of South East Europe”.Euromarket Forum 2003 – Development of agro-business projects on the markets of developing countries

Macroeconomic stabilityThe GDP growth at the annual level close to 5%, aiming to be retained in the years to come, decreasing inflation rate projected to reach the average EU level by 2005 and a stable national currency, provide a solid basis for doing business in Serbia.”Yugoslavia made the most significant reform gains among 37 transition countries this year, with the fastest progress in the banking sector”Transition Report for 2002, EBRD.

Favorable tax regimeThe tax regime in Serbia is set to be the most favorable one in the region: with the corporate profit tax set at 14%, tax deductions for investing in fixed assets, SME’s, state subsidies for creating new jobs, a 10–year tax holiday for investments over 10 million EUR, and creation of more than 100 new jobs, various tax exemptions and other incentives, makes this goal fully achieved.

Strategic geographic positionFor those who want to start and expand their businesses in CEE and SEE, Serbia is place to be: a natural gateway between South East Europe, Western and Central Europe, positioned at the intersection of Pan European corridors no. 10 and no. 7, the proximity of the Adriatic Sea and a well–developed transportation network make Serbia a location that offers great accessibility.“From where we stand, Serbia is a location to invest in. Our expectations have been met and we are determined to maintain a strong presence on the Yugoslav market and use it as a basis for our further development in this region.”Mr. Jerome BayleManaging Director, Tetra Pak

Low labor and utility costsCompanies are constantly seeking ways of achieving more with less. One of the main things that attract foreign investors is high efficiency deriving from low labor and utility costs. Outsource your production and achieve the same quality at lower expense.“The comparative advantage of Serbia is reflected in its educated workforce, low wages, functioning infrastructure, cheap overheads, strategic position in the center of the Balkans, as well as the potential for expanding to other Balkan countries through Serbia.”Christian Delmas, President–General Manager Societe General Yugoslav Bank

Human capitalEvery year thousands of young graduates leave universities and colleges. Highly educated people, fast, receptive to new technologies, especially IT, well–versed in foreign languages, represent Serbia’s true capital.On the other hand, there is a great availability of skilled and productive workforce with a wealth of experience, both in managerial and manufacturing activities.“Serbian workforce has the skills to compete on the global market, which has been proven a thousand times. Also there’s a spirit of entrepreneurship and an ever–growing market, which makes us positive that in the next few years Serbia will take the leading role in region’s economy.”Mr. Klod Kolaro, Oracle Country director for Bulgaria and Yugoslavia

Accessibility Healthy

Trust

EU standards

...and SIEPA

Growth

Quality

Efficiency

Security Profit

Free Trade AgreementsSerbia is in the middle of the South East Europe Free Trade Area that enables duty–free access to a market of 60 million people. The diversity of the eight countries in the area, in terms of their position, legal environment, growth potential, availability of resources and prices, offers a great opportunity for companies to combine different parts of the region in order to achieve the best business performance.On the other hand, Serbia and Montenegro is the only country outside CIS that has a Free Trade Agreement with the Russian Federation, making it possible to reach a market of150 mil l ion people.“Because of the geographical location of the country, and also if you look at the cities and the potential, I believe that Belgrade can really play a very important role in South–eastern Europe.”Mr. Christoph GreussingChairman of the Board of Directors HVB Belgrade.

WHY BUY SERBIAN?WHY BUY SERBIAN?WHY INVEST IN SERBIA?WHY INVEST IN SERBIA?

���������

�������

��������

�������

������

��������

���

�����

���

���

���

��������������������������

��

����

����

����

����

����

������

�������

��������

�������

������

��������

����������������������������������

����

����

����

����

������������������������������������������������������ �������������������������������

���������

��������

���������

���������

���������

��������������������������������������������������������

����

��

��

��

��

��

������

�������

��������

�������

������

��������

������������������������������������������������

�����������������������������������������������������������������

������������������������������������������������������������������

��������������������������������

�������������������������������������

��� ���

��� �����

��� ���

��� ���

��� �����

��� ���

��������������������������������������������������������������

���������������������������������������������������������������������������

������

�������

�������

�������

������

��������

���������������������

��������

��������������

���������������������������

�������������������

������������������������

������������������

��������

�����

�����

���

����

��

����

����

���

������������������������������������������

������������������������������������� �������������������������������������

�����

�����

�����

��������������

�����

���������������������

�������������������

���������������������� ����� �������

���������

���������������������������������������

Terazije 23/VII, 11000 Belgrade, Serbia

Serbian Investment andExport Promotion Agency

The Serbian Investment and Export Promotion Agency is a Government agency whose mission is to attract, facilitate and support the inflow of foreign direct investment into Serbia and to promote Serbian exports. We will help you seize business opportunities in Serbia by:

•providing you with relevant information on the investment environment and opportunities in the Republic of Serbia, the existing incentives to investors, the investment-related legal framework and FDI statistics,•offering assistance in obtaining permits and licenses required by the republican and local authorities,•organizing visits to companies,•presenting you ready–to–invest projects,•assisting you in exploring what you can buy from Serbia,•helping you find appropriate Greenfield and Brownfield sites.

Regional Free Trade AreaFind out more about the South East Europe Free Trade Area that enables duty-free access to a market of 60 million people, and the Free Trade Agreement with the Russian Federation giving Serbia and Montenegro a status no other country outside CIS has.This information booklet also covers the focal points of other FTA’s signed with Western andCentral European countries.

Doing Business in Serbia is a complete and thorough handbook for performing business activities in Serbia. A comprehensive overview of the business-related legislation, Serbia’s macroeconomic performance, together with a complete list of useful contacts, makes this publication the best starting point for foreign companies doing business in Serbia.

Business Opportunities in Serbia gives an interactive insight into the Serbian economy through its regional and sector analysis.In addition to this, you can find a database of available Greenfield and Brownfield sites in Serbia and a list of ready-to-invest investment projects which you can easily browse with the integrated search engine.

All publications also available in a free–to–download form on SIEPA’s Web Site: http://www.siepa.sr.gov.yu/English/SiepaPublications.htm www.siepa.sr.gov.yu

WHAT CAN SIEPAWHAT CAN SIEPADO FOR YOU?DO FOR YOU?

PUBLICATIONS

1h

2h

3h

Madrid

Lisabon

Dublin

London

Paris

Brussels

Copenhagen

Stockholm

Amsterdam

Oslo

Helsinki

Tallinn

St. Petersburgh

Moscow

Minsk

Kiev

Ankara

Istanbul

Athens

Rome

Milan

Bucharest

Sofia

Skopje

Belgrade

Sarajevo

LjubljanaZagreb

Budapest

Warsaw

Pague

Bratislava

Tirana

Zrich

Vienna

Berlin

Hamburg

Hannover

Stuttgart

Mnchen

Offic

ial n

ame:

Rep

ublic

of S

erbi

aA

rea:

88

.36

1 s

q km

Popu

latio

n: A

ppro

x. 1

0 m

illio

nLo

catio

n: S

outh

Eas

t Eu

rope

Stra

tegi

c lo

catio

n: S

erbi

a is

pos

ition

ed

at t

he in

ters

ectio

n of

Pan

Eur

opea

n C

orrid

ors

No.

10

and

No.

7, l

inki

ng

Euro

pe a

nd A

sia.

Offic

ial l

angu

age:

Ser

bian

,m

embe

rs o

f nat

iona

l min

oriti

es a

re

entit

led

to u

se t

heir

own

lang

uage

.R

elig

ion:

Chr

istia

n O

rtho

dox

Rel

igio

nis

pra

ctic

ed fr

eely

and

man

y di

ffere

nt

relig

ious

inst

itutio

ns e

xist

in S

erbi

aCa

pita

l: Bel

grad

e (1

.6 m

illio

n in

habi

tant

s)M

ajor

Citi

es:

Nov

i Sad

, N

iš,

Kra

guje

vac,

Pr

ištin

aC

urre

ncy:

Yug

osla

v D

inar

(YU

D)

Exc

hang

e ra

te:

1 E

UR

= 6

4,6

5 Y

UD

Tim

e Zo

ne:

Wes

t Eu

rope

an t

ime

zone

(G

MT

+0

1:0

0)

Clim

ate:

Tem

pera

te,

cont

inen

tal,

with

th

e gr

adua

l tra

nsiti

on b

etw

een

the

four

se

ason

s of

the

yea

r. Th

e av

erag

e an

nual

te

mpe

ratu

re is

aro

und

12 C

.Th

e te

mpe

ratu

res

in J

anua

ry a

nd J

une

aver

age

0 C

and

22-2

3 C

resp

ectiv

ely.

Pan

Euro

pean

corri

dor n

o. 10

Pan

Euro

pean

corri

dor n

o. 7

Sout

h Eas

t Eur

ope F

ree T

rade

Are

a

����������������

�������������������

��������

������

���������

������

������

������������