The Investors Guide - Vojvodina 2009

SPECIAL EDITION

THE INVESTORS GUIDE

VOJVODINA 2009

2010

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REGIONAL INVESTMENT CENTRE Goran Vasić, director general of the Novi Sad Fair: “welcoming investment, energy and construction fairs.”

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his period of economic challenges is an obvious reminder of the importance of managing a country’s potential well. In such a business environment, the Novi Sad Fair becomes a place and instrument for the promotion of economic opportunites locally, nationally and regionally. The incentives to be provided both by the state and provincial governments – in order to implement strategically important citizen interests, develop local governments and regional connectivity – will be presented at unique events like investment, energy and construction fairs in Novi Sad. This is an opportunity to publicly present the possibilities of economic and social development on the basis of interregional and cross-border cooperation and market integration, as well as increasing co-

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herence among local communities. he aim of last year’s Investment Fair was to create an environment for the presentation and promotion of the projects of local governments (cities and municipalities), i.e. a place where foreign and domestic investors could gain insight into the complete investment potential of Serbia. This year the goal is to present the investment potentials of the region and the real estate market in one location, but also to review all advantages of cross-border co-operation, whether that be through exhibitions or business meetings, as well as to establish a dialogue between relevant participants. s we are aware of the importance of launching a dialogue on economic reconstruction, stabilisation, the modernisation of state administration and the improvement of regional co-operation, we believe that the Investment Fair is a perfect event to present the need and the willingness of the Western Balkan countries to co-operate with each other in a way that they will co-operate in the EU in the future. he visits of regional delegations, such as from Slovenia, as well as already established mutual interests in strengthening economic co-operation – especially when it comes to writing projects in the field of innovations and new technologies - will be an excellent opportunity to attract new capital to Serbian municipalities; as well as allowing the municipalities to utilise their own resources and capacities, particularly when it comes to wind energy, waterpower and biomass, for which the country has solid prerequisites. The regions of Emilia Romagna,

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Varaždin and Styria have all expressed an interest in such projects. Continuing good cooperation established in the Danube-KrisMoris-Tisa (DKMT) region, which encompasses Vojvodina and four regions of Hungary and Romania, as well as the already established good relations with the Italian region of Friuli Venezia Giulia, provide a significant incentive for the development of future projects, devising various approaches to investors and establishing business incubators and industrial zones. uring the process of European integration, EU regions play an important role in ensuring the development of the new European concept. Vojvodina, as a member of the Assembly of European Regions, as well as the Novi Sad Fair, as a company with a good international reputation, are central meeting points for such market participants. The fact that there are about a hundred Euro regions today, coupled with the fact that Western Europe’s regions are economically stronger and more successful than their counterparts in the rest of Europe, made us even more determined to make the Novi Sad Fair a place where transnational regional co-operation projects will be implemented in line with the Council of Europe’s Convention on the Cross-Border Co-operation of Territorial Communities. n collaboration with the highest state institutions, ministries and provincial secretariats, the Novi Sad Fair will organise expert meetings at its Invest Expo Fair, with the help of institutions will also participate in the fair, including the Ministry for the National Investment Plan, Ministry for Environmental Protection and Spatial Planning, Ministry of State Administration and Local SelfGovernment, the Provincial Secretariat for Economy, the Provincial Secretariat for Energy and Mineral Resources, the Provincial Secretariat for Local Governance and Intermunicipal Co-operation and the Provincial Secretariat for Regional and International Cooperation. eminars, meetings, conferences and training sessions are an important segment of the Invest Expo Fair. In cooperation with the Executive Council of the Autonomous Province of Vojvodina and the institutions under its jurisdiction, like the Capital Investment Fund, the Vojvodina Investment Promotion Fund (VIP Fund) and the Centre

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for Strategic Economic Studies Vojvodina CESS, numerous professional conferences and educational seminars aimed at the local governments will be held. he greatest interest is being shown in establishing partnerships between twin cities, cities which share the same waterways (for example, the Working Community of the Danube Region), between larger regions (for example, the Working Community of the Alpe Adria Region) or Euro regions. egional development programmes and cross-border co-operation programmess that include activities such as developing infrastructure of cross-border relevance, providing technical support to projects, investing in renewable energy sources through environ-

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to discuss the implementation of regional development plans aimed at strengthening institutional capacities in underdeveloped areas. odernisation, reconstruction and building infrastructure are of utmost importance in our region, whether we are talking about road transport or revitalising and reconstructing bridges and border crossings, which are all part of the overall European transport infrastructure. The Fair presents an opportunity to establish a dialogue about effective designation of space, i.e. about the liberalisation and efficiency of services used in finding a business location, as well as the development of new business spaces. This is why the Construction Fair is held at the same time, bringing added value to the integrity of the whole development chain. he final stage of any investment project is related to construction and construction is one of the key development branches of the economy. The Construction Fair is similar to other regional fairs in terms of having a real estate segment, but also when it comes to organising the Energy Fair with participants of great importance for the construction sector. his provides an opportunity for both construction materials and machinery producers, as well as other types of construction companies, to get the lowdown on new investment locations and plans for the energy sector. The Novi Sad Fair will pay special attention to building houses that conserve energy. Moreover, the implementation of a new law on construction and spatial planning in Serbia is to be considered, as is the use of environmentally friendly building materials. Energy has a special strategic importance for the country, as it does at the global level, which is why the fair will give this topic due attention. he development strategy of the Novi Sad Fair, which envisages our venue as the central place for business meetings in Serbia, simply confirms the importance of an event like the Investment Fair. e should bear in mind that it was Vojvodina that established co-operation with many regions in the past, which is why the province is the leader in implementation of European projects and foreign investments.

This will be an incentive for both the participants of the Investment Expo Fair and professionals that will come to attend the Fair.

Goran Vasić, director general of the Novi Sad Fair mental protection, creating integrated labour markets and developing joint employment initiatives can be presented at these kinds of events. his event will provide opportunities to discuss the strengthening of administrative capacities, which are necessary for the implementation of European standards and regulations, as well as to initiate projects in the areas like development of industrial zones, the use of energy resources, advancing utility systems, etc. Furthermore, the issue of efficiently usuing state funds is motivation enoough for local governments to participate in the Investment Fair. They are aware of the fact that the investment fair is an opportunity

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Vojvodina 2009 /2010

The investors guide

EDITOR IN CHIEF Tatjana Ostojić t.ostojic@cma.rs EDITOR ASSISTANT Mark R. Pullen ART DIRECTOR Tamara Ivljanin t.ivljanin@cma.rs EDITORIAL CONTRIBUTORS Mark R. Pullen, Ana Stojanović PHOTO Katarina Lazukić TRANSLATORS Snežana Bjelotomić SALES Tanja Milićević, t.milicevic@aim.rs; Vesna Vukajlović, v.vukajlovic@cma.rs; Maja Vidović, m.vidovic@aim.rs; Marija Urošević m.urosevic@cma.rs; Nemanja Todorović, n.todorovic@cma.rs GENERAL MANAGER Ivan Novčić i.novcic@cma.rs FINANCIAL DIRECTOR Ana Besedić a.besedic@cma.rs OFFICE MANAGER Tanja Banković, t.bankovic@cma.rs PRINTING Rotografika d.o.o.

Segedinski put 72, Subotica The Investors Guide Vojvodina 2009/2010 published by: alliance international media Knjeginje Zorke 11b, 11000 Belgrade, Serbia Phone: +(381 11) 308 99 77, 308 99 88 Fascimile: +(381 11) 244 81 27 E-mail: office@ allianceinternationalmedia.com www.allianceinternationalmedia.com ISSN no: 1451-7833 All rights reserved alliance international media 2009

This issue is audited by

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CONTENTS

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BAČ Business & Tourism

GLOBAL CRISIS

BAČKA PALANKA Transport, Industry and Agribusiness BAČKA TOPOLA Gateway of Vojvodina

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FOREWORD Branislav Bugarski, CEO of VIP INTERVIEW Sándor Egeresi, President of the Parliament of Vojvodina - Political dialogue is imperative

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INTERVIEW Bojan Pajtić, President of the Executive Council of Vojvodina - Incentives for investors

BAČKI PETROVAC Administrative efficiency BEČEJ - At the crossing of the waterways BELA CRKVA Agriculture & tourism

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INTERVIEW Branislav Bugarski, CEO of VIP Vojvodina: on the investment map

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SERBIA’S HOT SPOT FOR PROFIT Why Vojvodina?

INVESTMENT Opportunities Agribusiness & Tourism

MUNICIPALITIES

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ADA - Agriculture and Industry

ALIBUNAR Developing industrial zones APATIN First international marina

“The global crisis is being felt everywhere, but the current level of unemployment does not deviate significantly from the usual number of layoffs in Vojvodina’s companies. Statistics says that our economy has shown considerable vitality. I have to emphasise that the provincial administration is doing everything in its power to combat the crisis and we have had very significant investments this year. As a result of co-operation between the Executive Council of the Autonomous Province of Vojvodina and the Italian region of Friuli Venezia Giulia, the Italian company ‘Bernardi’ SpA will invest almost €300 million in the municipality of Pećinci. ” Dr Bojan Pajtić, President of the Executive Council of Vojvodina.

FOR INVESTORS

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BEOČIN Strategic SME location

ČOKA Renowned for wine INĐIJA - Strategic location IRIG Well Connected

KANJIŽA Industry and agriculture

Irig offers a swift and simple approach to disseminating information and documentation necessary for carrying out further business operations. The local authorities are close to finishing compilation of our Strategy for Sustainable Development of the Municipality of Irig. This will be an official document which potential investors will be able to reference. It will be a useful guide to help them get better acquainted with our territory and for them to decide which sector to invest in. Irig is also currently compiling a spatial planning document for Industrial Zone 2, which covers 30 hectares.

Plots will cover a hectare each and will be available to investors in six months’ time.

Vojvodina 2009 /2010

The investors guide

42 43 44 45 46 47 48 50 51

KIKINDA Oil and gas

KOVAČICA Exceptionally fertile land KOVIN Favourable geographical position KULA Ideal spa destination

MALI IĐOŠ Leather, metal & food processing industries

NOVA CRNJA Suited for spas and wellness tourism NOVI SAD Regional Business Centre

NOVI BEČEJ Ideal location

NOVI KNEŽEVAC Ideal land for medicinal plants

CONTENTS

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ODŽACI Manufacturing & agriculture OPOVO Top food processing location

PANČEVO Doorway to Europe

PEĆINCI Share success with the successful

PLANDIŠTE Great Tourist Potential

TEMERIN Seeking micro industries TITEL Ready for investors VRBAS Food Factory

SEČANJ - Top Development Potential SENTA Favourable investment climate

SOMBOR Favourable Position

SRBOBRAN Suitable for industry SREMSKA MITROVICA Great position

SREMSKI KARLOVCI Targeting tourism

OUR JOB

ŠID - Border municipality

RUMA Solid infrastructure

STARA PAZOVA Special incentives in the pipeline

8 / The Investors guide Vojvodina 2009/2010

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SUBOTICA Decisive Leader in Economic Growth

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VRŠAC Pharmaceuticals, food and textiles

ZRENJANIN The Best at “Easing” Business ŽABALJ Exceptional location for industry

ŽITIŠTE Expanding Economy INVESMENT IN VOJVODINA

DIRECTORY

“Our job did become harder in the sense that we don’t get as many inquiries as in previous years, while some previously announced investments and re-investments have been postponed for 2010. However, VIP does not complain. Aside from Bernardi, we are also engaged in a project devised by Denmark’s Grundfos Company, which plans to invest at least €80 million and hire 550 workers in the Municipality of Inđija. With these two investments alone, VIP will have a record year.

We are also working on several smaller projects dealing with investment scope of between 20 and 25 million Euros, while there are also other projects worth one or two million Euros each. So, we are hoping that this year will be a success.” Branislav Bugarski, CEO of the Vojvodina Investment Promotion Fund (VIP).

INCENTIVES FOR INVESTORS The City of Zrenjanin offers potential investors free land for construction, equipped with all necessary infrastructure. Industrial parks in Zrenjanin have been fitted with electricity and gas, waterworks - including a sewer system - and telephone and internet lines.

In interim periods of construction, Zrenjanin also offers new investors space in former public enterprises.

Zrenjanin boasts a highly-qualified, experienced workforce at significant cost-savings compared to European standards. Zrenjanin’s administration is known for its speed and efficiency, while the City also has a professional service staff to assist investors throughout the process.

FOREWORD

Dear readers, t was you, the readers, who gave us the thumbs up for the last two editions, hence we thought that even at this time of the global economic downturn we need to continue presenting our investment potentials. This creates new business opportunities, on the one side, and on the other it prepares us for the investment cycle that is definitely set to arrive following the crisis.

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wo questions are typical for these turbulent times: where do opportunities lie and how can we emerge from the crisis? We believe that Vojvodina’s investment potentials offer the answer to both questions.

Two questions are typical for these turbulent times: where do opportunities lie and how can we emerge from the crisis?

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he majority of analyses carried out at an international level has shown that there are two sectors which haven’t been that hit by the crisis: energy and agriculture. Vojvodina, with its 1.7 million hectares of arable land, has huge, albeit untapped, potential that we can loosely call agribusiness. Establishing more intensive co-operation, primarily between farmers and the food processing industry, is an important development opportunity for Vojvodina. In this context, VIP is preparing a sectoral study that will identify the investment potentials that are observed within the framework of the EU market.

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ur experience shows that renewable energy sources in Vojvodina also have immense potential and we have noticed that many foreign and domestic investors are becoming interested in this area. Wind generators, biogas, biomass and small hydro-electric power plants have been recognised as opportunities. In collaboration with the provincial government and the Secretariat of Energy, we have prepared the initial documents that will serve as the investment basis for both domestic and foreign investors.

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side from the aforementioned sectors, we have identified projects in so-called ‘traditional sectors’ like real estate, metal processing and the machine industry.

e would like to use this juncture to the fullest in order to position Vojvodina as a region with exceptional prerequisites; a region that facilitates development, long-term success and attains the professional performances of the leading EU regions.

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n co-operation with the provincial government, we have launched several programmes in response to the current economic situation. These are going to provide support to our economy: from providing work subsidies of €1,300 per new job created and financing first time employment, to launching educational programmes like additional training for ICT and CNC technologies.

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or the third consecutive year, in collaboration with our colleagues from alliance international media, the VIP Fund is putting together the Guide to Investments in Vojvodina 2009 / 2010.

inally, I would like to thank everybody who took part in creating this Guide and I do hope that you, the readers, will find it informative and consider it a tool that will help you to recognise Vojvodina as an attractive investment destination.

All the best, Branislav Bugarski Vojvodina Investment Promotion Fund – VIP

Vojvodina 2009/2010 The Investors guide / 9

INTERVIEW

Sandor Egeresi, Chairman of the Ass

POLIT

IS IM would insist on Vojvodina’s European perspective becoming more prominently outlined in the Serbian Constitution, as well as its international and regional co-operation being elevated to a higher level. In order to gauge his success in this direction, as well as to discuss other issues, we spoke to Chairman Egeresi.

By Tatjana OSTOJIĆ

“It is quite evident that the economic crisis has affected investment levels in Vojvodina” 10 / The Investors guide Vojvodina 2009/2010

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hen he was appointed chairman of the Vojvodina Assembly last year, Sandor Egeresi said that he

It’s been a year since you came to office. Are you content with results achieved so far and, if so, have your expectations been met?

I am partially satisfied with the results.

It is indisputable that European integration is of key importance for the Autonomous Province of Vojvodina (APV). Without intensive co-operation with many European regions, Vojvodina remains in a cultural, political, and economic vacuum.

Bearing in mind its geographical position, history, culture and tradition, we can say that Vojvodina is an integral part of Central Europe. Vojvodina is an untapped resource of the Republic of Serbia in terms of establishing economic, cultural and political communication with the countries that surround us and are already in the EU (Hungary and Romania) or are EU candidates (Croatia). During last year we tried to promote new political practices and adhere to the principle of trying to comprehend “how much of the future should be incorporated in the present.” We tried to understand the altered local and regional context and promote new policies. So, our emphasis was on the following: strengthening and promoting regional inter-parliamentary dialogue, initiating and becoming part of various European regional initiatives and fostering tolerance and inter-

sembly of the Autonomous Province of Vojvodina

TICAL DIALOGUE

MPERATIVE cultural understanding. The fact that the draft Statute and draft law on transfer of jurisdiction of APV are not included in the National Parliament’s agenda clearly speaks volumes about the lack of political will to define European integration as a priority and the clear-cut goal of Serbia’s foreign policy.

In your opinion, then, the European integration of Serbia is closely associated with the country’s further decentralisation?

Yes, the issues of Vojvodina’s autonomy, regionalisation and the decentralisation of Serbia are all issues pertaining to the country’s democratisation and democratic consolidation. Issues regarding the decentralisation and regionalisation of Serbia aren’t merely issues of functionality, but also the future of Serbia. Research shows that a state’s financial strength depends on the jurisdiction assigned to its regions. The European Union attaches a lot of importance

“...the impression is that the central government does not understand the importance of messages emanating from other parts of Serbia.” to strengthening regions, with almost 40 per cent of the EU’s total budget allocated to regional development and co-operation projects. By signing the EU Stabilisation and Association Agreement, Serbia took it upon itself to undertake the process of regionalisation. Unfortunately, the impres-

sion is that the central government does not understand the importance of messages emanating from other parts of Serbia. The prevailing attitude is still that regionalisation and decentralisation are weakening state unity. Hence the anti-Statute campaign, insinuations that autonomy means

separatism and resistance to the establishing of Vojvodina’s representative office in Brussels. All of this stems from a failure to understand the fact that Europe uses the principle of subsidiaries as its fundamental functioning principle. The most functional, rational and efficient way of dealing with problems is to resolve them at the closest level to that at which they appear. Fear of change, freedom and autonomy is reflected in the insinuation that the draft Statute is an act of separatism on Vojvodina’s part.

There are no separatist aspirations here, because Vojvodina has traditionally cherished its autonomy and Serbia has enjoyed its statehood for years.

Vojvodina 2009/2010 The Investors guide / 11

INTERVIEW

“I don’t think we should use the economic crisis as an excuse for a lack of political will to strengthen institutions...”

When do you expect Vojvodina’s Statute to be adopted in the Serbian Parliament? What is the dilemma about this Statute?

The Chairman of the Vojvodina Assembly has done everything possible to adhere to the Constitution and the laws of the Republic of Serbia, as well as fulfilling the obligation of passing the draft Statute.

I have been defending, and will continue to defend, the decision made by Vojvodina’s

Assembly in a consistent, principled and responsible manner (89 of 120 MPs in Vojvodina’s Assembly voted in favour of the draft Statute). I have offered to establish a new dialogue with the region of Central Serbia’s representatives of major cities and regions. We all agreed that centralised Serbia will only bring us symmetry in poverty and will not lead to progress and prosperity for all citizens of Serbia.

The fact is that delaying the inclusion

STRATEGY FOR NEW INVESTORS “The Vojvodina Assembly is entitled to prepare development strategies for those areas that come under its jurisdiction. The Assembly’s Chairman is tasked with presenting the potential of Vojvodina and opening the door to potential investors.

“In order to strengthen Euro-regional co-operation, we have been establishing contacts and inviting potential investors. Look at Styria, which currently supports 140 projects at the local level in Vojvodina. The provincial administration has had excellent co-operation with Styria so far and, in the coming months, we will extend our parliamentary collaboration by bringing the parliamentary committees of the two provinces closer together.

12 / The Investors guide Vojvodina 2009/2010

of the draft Statute and the draft Law on transfer of jurisdiction for Vojvodina onto the National Parliament’s agenda will just postpone the European future of Serbia (pursuant to the terms defined by the constitutional law, the province’s Assembly forwarded the new Statute to the National Parliament of the Republic of Serbia on 15th October, 2008.).

The many concerns and campaigns that have been launched publicly, questioning the decision to forward the Statue to the National Parliament, simply serve to confirm the fact that certain political powers in Belgrade cannot let go of a rigid matrix of centralism. The delay in giving consent to the draft Statute has brought several peculiarities to the surface: the mental matrix of centralism is still prevailing, the Belgrade political elite does not understand the reality and genuine needs of citizens living in ‘the rest of Serbia’ and are, unfortunately, ready to demonstrate an obvious violation of constitutional principles. Serbia will remain paralysed for months because of the permanent constitutional crisis and the fact that a large number of laws, including the new Statute of Vojvodina, haven’t been harmonised with the Constitution.

In your opinion, has the economic crisis effect the arrival of new investments and the reinvestment activities of existing investors in Vojvodina?

Yes, it is quite evident that the economic crisis has affected investment levels in Vojvodina. However, I do think it is important to stress the lack of a clear legal framework that would define inherency, powers and the responsibilities of Vojvodina, as well as the issue of property and income, which are hampering and blocking potential investments to a large extent. I don’t think we should use the economic crisis

as an excuse for the lack of political will to strengthen institutions, co-ordinate and regulate the legal and economic environment that would be friendly, harmonised with European standards and provide a secure framework for potential investors.

Last year you pointed out that in order for Vojvodina to attract new investments, it is vital for the province to be allowed to conclude business agreements with investors. has anything changed for the better in that respect?

No, but I maintain my opinion. Let me reiterate: by not adopting the Law on transfer of jurisdiction to Vojvodina, and by keeping the provisions of the draft law that says that most issues of Vojvodina’s jurisdiction will be regulated by subsequently adopted national laws, Serbia will remain

The economic consequences of not adopting the draft Statute and the draft Law on transfer of jurisdiction to Vojvodina are numerous. in an institutional vacuum. The economic consequences of not adopting the draft Statute and the draft Law on transfer of jurisdiction to Vojvodina are numerous. The competences that the province should have in agriculture, transport and water supply have all been blocked. We have been feeling the direct consequences of centralisation for two decades and now we are all paying the price. The average poverty rate in Vojvodina is the highest in Serbia, standing at 9.2% - according to research

conducted for the purpose of the National Poverty Strategy in March 2009 (Central Serbia’s poverty rate is 8.9% and the state level is 7.8%). The price we pay because of centralisation means that we are now in a position to compete in poverty, but not in wealth and progress.

There have been manipulations with the issue of political and social solidarity, while Vojvodina – with the highest poverty rate in Serbia – is being asked to live in solidarity with the rest of Serbia.

Vojvodina 2009/2010 The Investors guide / 13

INTERVIEW

INC FOR as to get the lowdown on other issues, we spoke to Dr Bojan Pajtić, President of the Executive Council of Vojvodina.

By Tatjana Ostojić

“The investment made in the Municipality of Pećinci

by Bernardi S.p.A., worth almost €300 million, has a pronounced marketing effect, aside from its financial significance. This has sent a positive signal to other investors.”

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ecent investments in Vojvodina, more precisely in the Municipality of Pećinci, have shown that a well focused strategy for attracting foreign direct investment is yielding results, despite the global economic crisis. To find out if there any negative effects being felt at all in Vojvodina in light of the global crisis and what the provincial government is planning to tackle the downturn, as well

In your opinion, to what extent has the economic crisis reduced investments in Vojvodina?

The global crisis is being felt everywhere, but the current level of unemployment does not deviate significantly from the usual number of layoffs in Vojvodina’s companies. Statistics says that our economy has shown considerable vitality. I have to emphasise that the provincial administration is doing everything in its power to combat the crisis and we have had very significant investments this year. As a result of co-operation between the Executive Council of the Autonomous Province of Vojvodina and the Italian region of Friuli Venezia Giulia, the Italian company ‘Bernardi’ SpA will invest almost €300 million in the municipality of Pećinci. The investment has a pronounced marketing effect, aside from its financial significance, and has sent sent a positive signal to other investors that it is worth investing in Vojvodina. Let me illustrate... Between 2000 and this day, a total of five billion euros of foreign investments come to Vojvodina, with the Executive Council of Vojvodina providing logistical support through the Vojvodina Investment Promotion Fund (VIP). In addition to that, through various Executive Council programmes, we provide support to investors seeking to create new jobs. Considering that we have a few projects in the pipeline, Vojvodina has a chance of becoming successful at attracting foreign investments during these very difficult times.

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INVESTORS VIP has contributed to the creation of over 8,000 new jobs You said last year that not a single investor had withdrawn fromVojvodina.

What is the situation like today?

We are doing everything in our power to improve conditions for enticing foreign investments: from developing infrastructure and promoting the idea of establishing a development bank in Vojvodina, to developing detailed regulations and adopting the general spatial plan. Moreover, Serbia’s tax policy is much more favourable than in neighbouring countries. Of course, we have some problems, but also a determination to resolve them.

According to the information at our disposal, no foreign investors have left Vojvodina so far, which is certainly a good indicator to other investors who are planning to invest in Vojvodina.

Are Austria, Italy, Germany and Slovenia still considered as the leading investors in Vojvodina?

INCENTIVES I believe that investment incentives, such as providing subsidies for new jobs in the amount of €1,300 and offering a favourable tax policy, will single Vojvodina out as an important investment area.

Our province’s strategic interests are reflected through co-operation with regions across Europe, with the aim of creating new opportunities to strengthen our institutions, implement European standards and, of course, fortify overall economic co-operation. Italy, Germany, Austria and Slovenia are still our biggest partners and the leading investors in Vojvodina, with the largest investments made in the commercial, financial, metal processing and construction sectors. These countries are

continuing to show the greatest interest inr investing in our region.

The Republic of Slovenia is our traditional partner and this country’s investments are growing year-on-year. As of 2003, some 23 Slovenian companies have made important investments in Vojvodina and created numerous jobs, like Cimos, Gorenje, JUB, Perutnina Ptuj, Trimo and many others.

Then we have Austria-based Erste Bank, ATB Sever and Biener Berger; German companies STADA and Linde Gas, as Vojvodina 2009/2010 The Investors guide / 15

INTERVIEW the Executive Council of Vojvodina offers to investors in the form of employment programmes for all branches of the economy. Through these programmes, we will allocate 130,000 dinars for each new job in the Province, regardless of whether it has been created in an existing company or new one. There are also favourable tax policies and a good price of land, as additional stimuli for foreign investors.

Our strategic goal is to work with regions across Europe, to strengthen the economy and implement European standards well as Italian companies like Pompea and STG, which is currently building a large smelting plant in Sremska Mitrovica.

What can Vojvodina offer potential investors at present that would sway them to invest in this Serbian region?

In addition to a great geographical position, Vojvodina’s advantages are reflected in a combination of educated, a high quality workforce and its economic potential.

Financial and tax incentives for foreign investors, as provided by the Republic of Serbia and the Autonomous Province of Vojvodina, are also important, as is the Free Trade Agreement with Russia.

We have one of the lowest tax rates in the region; there are grants for employing new workers and a ten-year tax exemption for investments over 600,000 dinars. Other incentives that make Vojvodina even more attractive for investments are benefits that

REGIONALISATION

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he regionalisation of Serbia is a process that will take place in the future. This process is necessary not only because it leads to a more efficient, faster and cheaper administration, but also because it is imperative in the process of European integration.

Regionalisation means more development and more investments. In order to receive funds from Europe, Serbia needs to define itself regionally. I would like to outline that it is very important to Vojvodina for Serbia to undergo a regionalisation process. The subjects that Europe holds in high regard are the citizens, local governments and regions, in that order.

Therefore, the strategic goal of the state and provincial government is to join the European Union, which can be achieved much easier if we are a regionalised and decentralised state.

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Do you work together with individual municipalities in Vojvodina to help them become more active in attracting new investments?

The state, the province and local governments have a joint task of maintaining a positive tendency when it comes to the influx of foreign investments. In addition to partnership activities carried out via various funds and programmes established by the Executive Council, we are assisting local governments through education and relaying positive experiences from the region. The Vojvodina Investment Promotion Fund is also working on attracting investments to the province together with the 45 local governments, in order to improve their capacity to draw in foreign investments. VIP works closely with municipalities in Vojvodina, helping them to write development projects, set up business incubators and industrial zones, as well as instructing local authorities on what kind of approach to take towards investors and advising them on their appearances at specialised fairs.

Are you happy with VIP’s work?

The Vojvodina Investment Promotion Fund (or VIP) was founded in August 2004, in order to encourage the influx of foreign investment in Vojvodina. For almost five years, VIP has been successfully providing necessary support and assistance to investors in order for them to find the best possible investment opportunities in our province. Each foreign company that invests in Vojvodina brings new jobs, which is certainly the most important advantage for the citizens of Vojvodina. These companies also modernise production plants and apply new technologies, which in turn brings new skills and new knowledge, benefitting our education system, which will be fully

harmonised with the needs of the European market in time.

In this way, we are going to create an even better business environment and raise the competitiveness of Vojvodina’s economy. The companies which are financially sound will stay in Vojvodina and re-invest here. Such a good business environment will attract other investors too. Since its establishment until Bernardi’s investment, VIP has contributed to the creation of over 8,000 new jobs.

What steps will the Executive Council of Vojvodina take to create a favourable investment climate for both foreign and domestic investors?

Our strategic goal is to work with regions across Europe, to strengthen the economy and implement European standards.

Through the process of regional co-operation, as an instrument of our country’s development policy, we are going to continue to attract foreign investors. Despite the economic crisis, we are not giving up on our main priorities of development and employment. In the previous period we achieved very good results in our fight to tackle unemployment in the province. The year before last, we reduced the unemployment rate by over 20 per cent, while last year we managed about 15 per cent through various programmes devised by the Executive Council. The new technologies and new materials programmes were very successful, in addition to the Development Fund programmes, the Guarantee Fund programmes and those implemented by the Secretariat of Labour and Employment. All of these programmes will be implemented this year too.

We have also introduced six new employment programmes, which are all helpful to investors in terms of the Executive Council providing grants for each new job, regardless of the job being created in an existing company or a new one.

We provide very strong financial support to each new shop, company or farming estate, while the programmes for trainees will help young graduates to find employment after completing the trainee programme. The Executive Council will continue to implement this policy in the future too, regardless of the economic crisis.

In addition to a great geographical position, Vojvodina’s advantages are reflected in a combination of educated and high quality workforce and its economic potential Vojvodina 2009/2010 The Investors guide / 17

INTERVIEW Branislav Bugarski, CEO of the Vojv

VOJVO

INVE FDI penetrate the region through activities like location marketing, investment climate monitoring, assisting potential investors with concrete investment projects and cooperating with global institutions specialising in the promotion of FDI. Here we speak to Branislav Bugarski, CEO of the Vojvodina Investment Promotion Fund, about the global economic downturn’s affects on reducing investments and other related topics.

By Tatjana OSTOJIĆ

“We are in the midst of negotiations and daily contact with several companies and I expect positive changes to happen in the area of foreign investments during the third and fourth quarters of this year.“ 18 / The Investors guide Vojvodina 2009/2010

T

he Vojvodina Investment Promotion Fund (VIP) was founded by the Assembly of the Autonomous Province of Vojvodina as an official regional agency tasked with providing investment incentives and aimed at giving support to foreign investors at the start of their commercial operations in Vojvodina.

VIP became fully operational in December 2004. One of VIP’s main tasks is helping

You recently promoted a major investment in Pećinci. What kind of investment is that?

We have presented one of the biggest real estate investments on the territory of the Autonomous Province of Vojvodina, made

by Bernardi Company. According to the investor, the company will invest a total of €250 million and hire close to 5,000 workers. In the initial stages, Bernardi will construct an outlet shopping centre that will stretch across 40,000 square metres and be completed by December 2010. The mall will employ close to 1,000 people. In the following stage, the company will build an amusement park, then the Brico Centre (covering 30,000 square metres), which will be something like Sweden’s IKEA. The centre will also have a section with smaller shops that will be built on 100,000 square metres. The whole complex will have a crafts and retail centre, as well as a hotel with 250 beds. VIP worked on this project for a whole year and, considering the aggravated situation with FDI influx, we consider it a great success.

To what extent has the global downturn affected the amount of FDI reaching

odina Investment Promotion Fund (VIP)

ODINA: ON THE

ESTMENT MAP Vojvodina at the end of 2008 and so far in 2009; has it made your job harder?

Our job did become harder in the sense that we don’t get as many inquiries as in previous years, while some previously announced investments and re-investments have been postponed for 2010. However, VIP does not complain. Aside from Bernardi, we are also engaged in a project devised by Denmark’s Grundfos Company, which plans to invest at least €80 million and hire 550 workers in the Municipality of Inđija. With these two investments alone, VIP will have a record year.

We are also working on several smaller projects dealing with investment scope of between 20 and 25 million Euros, while there are also other projects worth one or two million Euros each. So, we are hoping that this year will be a success.

What sets Vojvodina apart from other regions of Serbia in terms of the advantages it offers investors?

Maybe Vojvodina doesn’t stand out that much. Nevertheless, there are certain things that are organised differently in terms of land books, infrastructural equipment, availability of locations and workforce, proximity to EU markets, etc. These are just a few factors that make Vojvodina an interesting investment location. I think that VIP and the provincial government play an important role here by jointly developing tools aimed at presenting Vojvodina to investors, thus making it even more attractive.

What are the principal reasons for investing in Serbia, or more precisely Vojvodina, today as opposed to the other regions of Southeast Europe?

...the agribusiness sector overall is very important for Vojvodina and offers great potential both for domestic and foreign investors We do have to admit that Romania is much better positioned than both Vojvodina and Serbia. That country has significant FDI influx, though that has been somewhat reduced as a result of the economic crisis.

However, Romania is a more attractive investment location than we are. We believe that this is more of an issue of image than what Romania can offer in real terms – in that sense Vojvodina is quite competitive. Investors can see that for themselves once they come here. Other neigh-

bouring countries – Bosnia & Herzegovina, Macedonia and Montenegro, have a different geographical position and are somewhat more challenged in terms of infrastructure than we are. We have at least three important strategic reasons for investors to come here: supplying the EU market, supplying the Southeast European market, and have a base in close proximity to their mother companies. Furthermore, there are huge markets available to them following Serbia’s signing of free trade agreements with the Russian Vojvodina 2009/2010 The Investors guide / 19

INTERVIEW

We do have to admit that Romania is much better positioned than both Vojvodina and Serbia Federation, Belarus and now Turkey.

What are the most attractive branches for investing at the moment?

Investors today are more cautious about where they invest. They are organised differently and are looking for partners to develop joint investments with. The most attractive sectors for investing are agribusiness – especially the food processing industry, metal processing, IT and ICT, renewable energy sources. Furthermore, in the follow-

PLANS We have just completed a comprehensive project called ‘After Care Tour 2009’, during which we visited 81 foreign companies and talked to investors about the business climate. According to their information, positive tendencies are expected in autumn. We believe in the potential of attracting foreign investments and our estimate is that some of these projects will start to be implemented in the third or fourth quarters of this year.

This is when investors are going to search for new investment destinations more actively. Of course, we are going to do everything in our power to continue to position Vojvodina squarely on the investment destination map.

20 / The Investors guide Vojvodina 2009/2010

ing period we expect a greater contribution to the social and economic development of Vojvodina to be provided by tourism, particularly spa and river-based tourism.

Can you tell us about some of the larger companies that have expressed an interest in investing, or are already planning to invest, in Vojvodina?

It is VIP’s policy not to comment on ongoing projects, i.e. not until the investor makes a decision for his intentions to be made public. I can only say that despite the reduced number of inquiries we’ve received, due to the economic crisis, we are in the midst of negotiations and daily contact with several companies. I expect positive changes to happen in the area of foreign investments in the third and fourth quarters of this year.

Have VIP’s operating methods changed this year to cope with the altered climate and what is your plan for attracting even more investments in the future?

Our operating methods haven’t changed, but we have certainly adapted to the new conditions. We are trying to implement ongoing projects and are focusing on those that could be implemented this year. We are also using this time to prepare ourselves for what the future brings. We have organised two seminars to take place in June: one covering renewable energy sources and the oth-

er dealing with developing supply chains in food industry. These are both devised with a view to attracting foreign investments to these sectors. We are also preparing a study for the agribusiness sector, which should be completed by the end of this year. Once we elaborate our sales arguments, we are going to turn to investors. We think that the food sector, i.e. the agribusiness sector overall, is very important for Vojvodina and offers great potential both for domestic and foreign investors. I don’t think we should use the economic crisis as an excuse for the lack of political will to strengthen institutions, coordinate and regulate the legal and economic environment that would be friendly, harmonised with European standards and provide a secure framework for potential investors.

Last year you pointed out that in order for Vojvodina to attract new investments, it is vital for the province to be allowed to conclude business agreements with investors. has anything changed for the better in that respect?

No, but I maintain my opinion. Let me reiterate: by not adopting the Law on transfer of jurisdiction to Vojvodina, and by keeping the provisions of the draft law that says that most issues of Vojvodina’s jurisdiction will be regulated by subsequently adopted national laws, Serbia will remain in an institutional vacuum. The economic consequences of not adopting the draft Statute and the draft Law on transfer of jurisdiction to Vojvodina are numerous. The competences that the province should have in agriculture, transport and water supply have all been blocked. We have been feeling the direct consequences of centralisation for two decades and now we are all paying the price. The average poverty rate in Vojvodina is the highest in Serbia, standing at 9.2% - according to research conducted for the purpose of the National Poverty Strategy in March 2009 (Central Serbia’s poverty rate is 8.9% and the state level is 7.8%). The price we pay because of centralisation means that we are now in a position to compete in poverty, but not in wealth and progress. There have been manipulations with the issue of political and social solidarity, while Vojvodina – with the highest poverty rate in Serbia – is being asked to live in solidarity with the rest of Serbia.

- THE LEADER OF THE METAL PROCESSING INDUSTRY OF THE REGION

At the end of April, a contract on the sale of a 70% stake in FKL was signed with the Serbian Privatisation Agency. This investment and the accompanying investment programme are worth €1 and €1.5 million respectively.

Who is the new owner and what sort of timeframe do we expect for the new bosses to invest additional capital?

The new majority owner of FKL a.d. Temerin is a consortium formed by Russian company ZAO Tehnika Servis from Voronezh and Dragan Rodić, the long-time director of the factory who is representing both the factory’s management and employees in this case. The concept that we applied during the privatisation was based on maintaining continuity of the current company profile and its development, as well as finding strategic partners able to provide support to the management in order to continue with our plans. It is important that the strategic partner has enough potential to enable the factory, which has over 500 employees, to continue operating and developing in the coming period. We believe that by signing the privatisation contract we have laid a solid foundation for implementation of the aforementioned ideas and that, in the upcoming five-year investment cycle – as stipulated in the contract – we are going to reorganise and modernise the factory so that it can rival similar factories around the world.

I would like to underline that the process of defining the company’s ownership structure is still incomplete and the factory will remain open to all interested investors willing to get involved in our work and invest in our development projects via some form of recapitalisation, which could be important not only for Serbia, but the whole region in the future.

It is worth mentioning that FKL is the only remaining manufacturer of roll bearings on the territory of the former Yugoslavia.

With this in mind, we would like to invite all interested parties to contact us if they think they could benefit from involvement with our company.

FKL exports a significant share of its production. How much do you actually export and how much is sold on the domestic market? To what extent has the economic crisis affected your company’s operations?

FKL today exports more than 80% of its total production worldwide. Last year’s exports were worth €9.5 million. Our most important customers are located in the EU, Russia, Iran, Mexico, the countries of the former Yugoslavia and elsewhere. We are particularly proud of our business and technical co-operation with SKF, a major global player in this field. We are also present on the Russian market, with the help of the new majority owner, and are also opening a new market in Iran. This project is especially important in the time of the global economic crisis, since the crisis is not so pronounced in Iran, due to the specificity of its economy and the country’s geo-political position.

These three directions of our operations, alongside the domestic market, make up the foundations of our business diversification, which will provide long-term security and ensure that we can successfully overcome the global market turmoil that we are feeling today, while firmly remaining on the ground during future

What are your plans in terms of the overall development of FKL’s business operations?

I already partially responded to this question in my previous response when I mentioned our strategic development plans, but if we are talking about plans for the immediate future, they won’t change much. At the time of the privatisation process, the factory’s management remained very active and bought a relatively modern factory in the town of Sokolac in Bosnia & Herzegovina. This factory dates back to 1989 and was designed by SKF, but because of the civil war the factory didn’t work much. Subsequently, the factory’s complete production was transferred to Temerin. It will be reopened this year and will double our production capacity. Once that factory becomes operational, we will be fully prepared - both technologically and organisationally - to work for a renowned global carmaker that we have already established contact with.

By so doing, we will utilise all of the advantages of our country and the region to the fullest, in order to surpass our competitors from China and elsewhere in the Far East.

FKL already has number of subcontractors from Serbia, but in order to implement the aforementioned project we will need

contingencies. For that reason, we are now able to deal relatively successfully with the current situation and, despite reduced operations on certain markets, we are maintaining a critical business mass that enables us to see the end of the crisis; to prepare and make ourselves able to return to the position we occupied before. We are also gearing our-

to include several regional suppliers. FKL, as the project leader, will engage a group of metal processing companies – our strategic suppliers from both Serbia and the neighbouring countries – on implementation of the project. You can see for yourselves that our business aspirations and possibilities are quite significant, which is why we are confident that all interested parties will recognise the fact that we possess respectable potential.

selves up for developing new markets.

Vojvodina 2009/2010 The Investors guide / 21

22 / The Investors guide Vojvodina 2009/2010

Vojvodina 2009/2010 The Investors guide / 23

SERBIA’S HOT SPOT FOR PROFIT

WHY VOJVODINA? With a competitive economy, qualified human capital and a growing private sector, Vojvodina is the region that offers numerous possibilities for doing business and investing

V

ojvodina is an EU border region located in the northern part of the Republic of Serbia, bordering Hungary, Romania and EU candidate country Croatia. Two major pan-European transport routes (River Danube Corridor 7 and road Corridor 10) pass through the province, making Vojvodina a gateway to the EU for the countries of Southeast Europe (SEE) and facilitating the quicker integration of the SEE region into the EU. Vojvodina is the motor of Serbia’s economic development and hosts some of the country’s most renowned international companies, such as Stada, Lafarge, Carlsberg, Erste Bank, Japan Tobacco International (JTI), Henkel, Anheuser-Bush InBev, Nordzucker, Coca Cola, Saint Gobain, Loher GmbH, Groupe

24 / The Investors guide Vojvodina 2009/2010

Lohr, Boxmark, Credit Agricole and many more.

Vojvodina is a member of the DKMT (Danube – Kris – Mures – Tisa) Euro region, which covers southern Hungary, western Romania and Vojvodina (northern Serbia) and is aimed at fostering co-operation and development within the region. Vojvodina has adopted the ‘Europe of regions’ concept that promotes the role and importance of regions in enhancing their competitiveness. Moreover, with the support of relevant institutions, Vojvodina is implementing the Integrated Regional Development Plan (2004-2009), which is a multi-sector action plan for socio-economic regionalised development.

Rapid private sector growth is a trend in Vojvodina, particularly within the SME sector, while the ICT sector is competitive and developing at an annual rate

Vojvodina is the motor of Serbia’s economic development and hosts some of the country’s most renowned international companies of 30 per cent. Vojvodina’s capital of Novi Sad, the second largest city in Serbia, is a significant industrial and financial centre of the Serbian economy with rapid growth and economic development. Novi Sad is positioned at the intersection of corridors 7 and 10, as well as on the river Danube and the Danube – Tisa – Danube (DTD) canal.

Human resources are one of the most important assets of the Vojvodina region.

Well-educated, young professionals with high proficiency in English are looking forward to working for foreign companies and gaining valuable experience.

The region of Vojvodina provides a secure investment environment that is guaranteed by legislation in line with EU practices, as well as the national and regional governments that are willing to assist foreign companies in the FDI establishment process.

NATURAL RESOURCES Vojvodina offers extraordinary green flatlands, major rivers (The Danube being one of the largest in Europe), canals, lakes, spas, the undulating Mt. Fruška Gora National park and Deliblatska pesčara (sandy terrain). Moreover, the province boasts abundant arable land, oil and natural gas, fish farms, forests, etc.

ATTRACTIVE BUSINESS ENVIRONMENT Serbia’s corporate profit tax has been brought down to 10 per cent and is currently the lowest corporate profit tax rate

UNIQUE BASE OF TALENTS AND SKILLS

ECONOMY GDP Serbia (2007): €29542.7 million* Labour force: 937,704 Inflation (2008): 6.8%** Major sectors: manufacturing, agribusiness, emerging sectors, wholesale and retail trade, construction, energy, transport and communications, textile, electro-mechanical/automotive industry, ICT – hardware & software, shared business services, logistics and export processing zones, tourism, etc.

Money in Serbia: The official currency of Serbia is the dinar (RSD). On 2nd June 2009, the middle exchange rate for €1 = 93.9932RSD * Source: Statistical Office of the Republic of Serbia ** Source: Serbian Ministry of Finance

in Europe. The new legal framework allows the transfer of profit made in Serbia abroad, while special incentives for reinvesting are bringing profit back to the Serbian market. These incentives are created to assist foreign companies making a single investment of €10 million and employing a significant number of employees. For each new employee hired, the employer is freed from paying tax on salaries (14% of gross salaries); in case were new employees are aged over 45, the employer is freed from all taxes and contributions on salaries, cutting labour costs by 42.4%.

Voltage: 220V TRANSPORTATION: Airports: Airport Nikola Tesla Belgrade (87km from Novi Sad) Roadways: E 75 - (countries: Greece – Macedonia – Serbia – Hungary – Slovakia – Czech Republic – Poland – Finland – Norway) E 70 - (countries: Spain – France – Italy – Slovenia – Croatia – Serbia – Romania – Bulgaria – Turkey – Georgia) Railways: Novi Sad – Budapest; Novi Sad – Zagreb; Novi Sad – Thessalonica; Novi Sad – Sofia; Novi Sad – Timisoara Watterways: Danube, Sava, Tisza, Danube–Tisza–Danube (DTD) Canal.

Up to 54 per cent of Vojvodina’s workforce is qualified or highly qualified, representing the highest percentage in the Republic of Serbia.

UNIQUE SELLING PROPOSITION 1. EU border region 2. Logistical hub for international businesses (just-in-time production opportunities) 3. Well trained and flexible human capital with a high level of English language proficiency 4. Competitive labour costs 5. FTAs with SEE and easy access to Russia 6. Various financial and tax incentives for foreign investors Vojvodina 2009/2010 The Investors guide / 25

SERBIA’S HOT SPOT FOR PROFIT VOJVODINA FACTS Geographic co-ordinates: Novi Sad (45º19’N - 19º51’E) Capital: Novi Sad (population: 298,139) Total area: 21,506 sq km Climate: continental Terrain: rich fertile plains Time zone: GMT + 1 Climate: the climate in the area of Novi Sad is moderate-continental. The town is located at 70-80m ASL. People: Population: 2,031,992 Life expectancy: total population: 72.7 yrs; female: 75.4 yrs; male: 70 yrs Ethnic groups: Serb, Hungarian, Romanian, Slovak, Croat, Ruthenian, Muslim, et al.

(26 different ethnic groups) Languages: Serbian, Hungarian, Romanian, Slovak, Ruthenian, Croatian (all official in Vojvodina) Literacy: total population 97.83%

Vojvodina has adopted the ‘Europe of regions’ concept that promotes the role and importance of regions in enhancing their competitiveness QUOTES “Our experience in establishing business and our continual co-operation with, and assistance from, all levels of government, as well as in contact with local business, places Vojvodina at the top of the recommended investment destinations.” Mr. Klaus Foedinger, Lafarge Beočin Cement Factory.

“I’m impressed by the quality of the work, which has been achieved thanks to open cooperation between the University and your customers.” Mr. Gerard Jacques, Energy Segment Vice-President, SCHNEIDER. “There’s fantastic infrastructure. We’re sure of Vršac developing rapidly for our production. We have excellent conditions, with Belgrade on one side and Timisoara on the other. A very surprising result, considering other Eastern European investments. Our associates in Vojvodina are excellent and educated. We don’t train them, but rather use knowledge from Vojvodina.”

26 / The Investors guide Vojvodina 2009/2010

Mr. Wolfram Heinish, Vice-President Strategy & CEO Support, Stada.

“The general investment climate in Vojvodina was a very positive experience.

In terms of development and infrastructure, such as the land registry, it is definitely one of the most advanced regions of the country and we are also quite positively impressed by the openness and willingness of people to do business with foreign investors.” Mr. Sava Dalbokov, Executive Committee President, Erste Bank.

“I am very satisfied. We’ve achieved our goals and even partly exceeded them.

You should go personally to Serbia and Vojvodina and see it for yourself - instead of hearing from others.” Mr. Karl Seitz, Chief Finance Officer, Tarkett East Europe.

VOJVODINA FDI MONITOR With a competitive economy, qualified human capital and a growing private sector, Vojvodina offers various possibili-

ties for doing business and investing. The development of the SME sector is supported by Vojvodina’s provincial authorities and the legal framework is harmonised with EU standards, which altogether makes Vojvodina a secure investment environment. Since 2001, 206 foreign investments worth a total of €4.6 billion have been made in Vojvodina, providing employment for more than 73,000 workers. The most interested investors have come from Austria, Germany, Italy and Slovenia, particularly from the metal processing and machine industries, real estate, construction, as well as the automotive supply industry.

Other sectors with identified potential, offering additional opportunities for investing in Vojvodina, include business share services, ICT sector, food and beverage industry, tourism and renewable energy sources.

Considering the development potential of Vojvodina and widespread trends on domestic and foreign markets, VIP’s strategy for the future is to provide the best possible assistance to investors seeking to position themselves favourably in the new business environment. Furthermore, the advantage we emphasise is cost optimisation for investors who come to Vojvodina or have already started their business here.

Source: VIP

Vojvodina 2009/2010 The Investors guide / 27

INVESTMENT OPPORTUNITIES Lake Palić

Agribusiness & Tourism:

TOP ATTRACTIONS Whether you’re looking to gain access to the Russian or Southeast European markets, lower your operational costs, find skilled labour at competitive salaries, relocate and still remain close to your production and distribution

T

he region of Vojvodina offers a wide range of investment opportunities in sectors such as agribusiness, automotive components, information and communication technology (ICT), tourism, logistics, shared business services and others. The Vojvodina Investment Promotion Agency (VIP) is pleased to present more than 90 locations ready for Greenfield and Brownfield investment.

1. AGRIBUSINESS Agriculture has traditionally been a significant part of the local economy in Vojvodina and continues to be a generator of strong results, due to the abundance of fertile agricultural land that covers 84 per cent of the province’s territory, providing a favourable resource base. Some of the world’s leading companies from this sector that have already discovered the potential of the region include Nestle, Unilever, Pepsi, Coca Cola, Anheuser-Bush InBev, Carlsberg, Heineken, Efes, Japan Tobacco International, Bongrain Group, etc.

28 / The Investors guide Vojvodina 2009/2010

Why invest in the Agribusiness sector?

• The Advantage of Natural Resources Quality: abundant resource base, good climate conditions, the lowest level of pesticide use • Market Share: a relatively large domestic market, market expansion via an FTA with Russia, CEFTA and preferential status with EU; the only country in the region to have an FTA with Russia, offering tariff-free access to Russia’s market of 150 million people • Logistical Hub: positioned at the intersection of Pan–European corridors 10 and 7, possibility of efficiently serving international markets, lying on the doorstep of the EU • Exceptional Human Capital: skilled and qualified workforce at competitive rates, wealth of experience, receptive to the introduction of new technologies, labour market with low turnover and high productivity • Cost Effectiveness: competitive prices for labour force; the lowest corporate tax rate in the region • Raising new opportunities: sector with great econom-

NAUTICAL AND SPA TOURISM

B

ased on the interests of tourist entrepreneurs and visitors to tourism fairs, as well as tourists themselves, nautical and spa tourism have been singled out as the leatding types of tourism in Vojvodina.

As such, these holiday options attract the most investment projects, while tourism based around conventions, hunting, the countryside and incidental transit tourism also have bright prospects. ic power, swift improvement of production processes • Rapid Growth Sector: long tradition of good results, sector with the fastest growth in the region since 2001, possibility of entering the market through the acquisition of local companies • A Government for Business: support in implementation of quality standards in order to meet international requirements, harmonisation with the WTO and EU regulations, reform of agricultural policy and strategies, favourable tax system (corporate profit tax at 10% - the lowest in the region) • Drivers for Innovation: co-operation with the leading national institutions in intensive implementation of new technologies in accordance with global trends in healthy food production, introduction of new products and production processes.

2. ELECTRO-MECHANICAL/ AUTOMOTIVE INDUSTRY - Traditionally significant exports and international supply chain linkages in the fields of electro-mechanical engineering, automotive components and fabricated metals; - Well trained and experienced human resources available at low cost compared to EU and North America levels; - High quality research and educational institutions for electrical and mechanical engineering at the University of Novi Sad, providing support for investors in this sector; - Enhanced market attractiveness due to the need to replace ageing motor vehicle stock in Southeast Europe.

3. INFORMATION AND COMMUNICATION TECHNOLOGY ICT was a small sector in Vojvodina, but it has experienced rapid growth during recent years and still has significant potential. It is the key enabler of growth in other sectors, which is the reason why ICT is one of the primary targeted sectors in our Investment Promotion Strategy, but also one of the important reasons why ICT has a guaranteed future in Vojvodina. Furthermore, the Vojvodina Provincial Government is doing a great job of supporting start-up companies in ICT by establishing business incubators as one of the measures for improvement of Vojvodina’s socio-economic environment.

Vojvodina’s capacities for high quality and low cost services make it a perfect location for near-shore outsourcing, all this in the same time zone and within an hour or two’s flight of you. Joint ventures proved to be

consumers. In 2007, the value of Serbia’s ICT market was €440 million, while the estimates for last year far exceed half a billion Euros. This is a clear sign to foreign ICT companies that Serbia is ripe for investments. Some 68 per cent of the market value comprises equipment, 20 per cent covers services, while the remaining 12 per cent goes to packet software.

4. TOURISM As an economic sector, tourism in Vojvodina has the potential to become one of the backbones of the province’s development, providing significant income with Southeast and Central Europe as primary goal markets.

The natural, cultural and historic spectrum of Vojvodina consists of numerous hunting grounds, spas with thermal and thermo-mineral waters, cultural and historic monuments, monasteries and archaeological sites, as well as the two greatest natural goods of the plane – “Fruška Gora” National Park, which towers over the green sea of the plain like an island, and, on the Southeast, the only European desert, Deliblato Sands.

There are various tourism options on offer in Vojvodina though the various types of tourism tend to lean towards Vojvodina’s aquatic treasures: the Danube, the Tisa, and their canals. The Danube-TisaDanube (DTD) hydro system intersects most parts of Vojvodina with its twelve canals. It acts as a course of goods transportation, a navigable route for tourist ships and the canal water is used by several factories.

Source: VIP

investment opportunities in sectors such as agribusiness, automotive components, ICT, tourism, logistics... an excellent choice for foreign companies in this sector, with some such ventures in Vojvodina having already established a global presence in their target niche.

Serbia is the only country which has an FTA agreement with Russia, providing access to the market of 150 million potential

Vojvodina 2009/2010 The Investors guide / 29

ADA

AGRICULTURE AND INDUSTRY Agriculture is currently Ada’s main economic branch, along with food processing

ZOLTAN BILICKI, PRESIDENT OF THE MUNICIPALITY OF ADA: “We intend to use the industrial zone for the construction of industrial plants.”

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he Municipality of Ada is situated in the very heart of eastern Vojvodina on the right bank of the River Tisa. It covers an area of 228.6km2, of which around 2 200km is arable land. Novi Sad is 72km away and Belgrade Airport 151km.

Ada municipality, with its five settlements, is sprawled ideally along the right bank of the River Tisa. Around 19,000 inhabitants live in this area, with the majority population being Hungarian, followed by Serbs and other ethnic communities. There are currently1,532 unemployed people in Ada Municipality.

The municipality is part of a good road and rail network that links it to other regions in Vojvodina. Ada is located only 50km from the national borders with Hungary and Romania, while the European E-75 motorway is some 50km away.

settlements of Ada and Mol; Total area: 150 hectares; Type of ownership: Municipal and Private Property; Intended use: Construction of industrial plants. The industrial zone is ideally located just 1.5km from the centre of Ada and 25km off the E-75 road. There are industrial plants in the vicinity which belong to ‘’BET SHEMESH Engines LTD’’ (foundry), ‘Potisje’ (tool and machine factory); ‘HEXAGON’ LLC; ‘Akotex’ (textile factory); ‘Panimpex’ (textile factory); Public Utility Company ‘STANDARD’ and ‘Buza Coop’ (food processing factory).

The site includes production halls, some of which are being used, and the industrial zone has access to power and water supply systems, a gas pipeline and sewage system. The location has telephone and internet connection and is accessible by road.

The necessary planning and regulatory documentation already exists, as does the Master Plan of the Municipality of Ada.

Ada is located only 50km from Serbia’s borders with Hungary and Romania

CONTACT Zoltan Bilicki, President of the Municipality of Ada Trg oslobođenja 1, 24430 Ada Vojvodina, Serbia Tel: +381-24-852-106; +381-24-853-342 Email: soada@ada.org.rs Url: www.ada.org.rs Languages: Hungarian, German, English, Russian, Italian 30 / The Investors guide Vojvodina 2009/2010

MUNICIPAL ECONOMY Agriculture is currently Ada’s main economic branch, along with food processing. The metal processing and textile industries, as well as crafts, are dominant in this region.

The River Tisa offers excellent opportunities for sports and leisure activities, with riverside facilities including a 15 hectare recreation complex with three swimming pools (one therapeutic with thermal waters) and a small zoo.

There are excellent hunting areas on the territory of the municipality.

INDUSTRIAL ZONE LOCATION 1: Industrial Zone between the

Incentives for investors Land can be leased for up to a 99-year period.

PERMITS AND DEADLINES The shortest possible period necessary for obtaining all the required permits and approvals for construction on the site is only 20 days.

INVESTMENTS TO DATE Investments that have already come to Ada are: Israeli company ‘BET SHEMESH Engines LTD’ (foundry); Slovenian company ‘InoBrežice LTD; (production of agriculture machinery) and Hungarian company ‘Vakond KFT’ (construction material)..

ALIBUNAR

DEVELOPING INDUSTRIAL ZONES Alibunar has set aside four locations as industrial zones

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libunar is situated in southern Banat along the BelgradePančevo-Vršac-Romania railway. It covers an area of 602km 2 and is 78km from Belgrade Airport and 133km from Novi Sad. Alibunar has a population of 22,954(2,978 unemployed). The Municipality is intersected by the Belgrade-Vršac-Romania motorway (thoroughly reconstructed in 2005) and the international Belgrade-Vršac-Bucharest railway. The DTD Canal runs along the municipal border.

MUNICIPAL ECONOMY Agriculture is the most developed branch of Alibunar’s economy. A well-known agricultural and industrial complex is based in Banatski Karlovac, while there is also the construction material industry, meat processing, a textile factory and a cannery. In 2006, Slovenian company ‘’ROTO LTD’’ (plastic factory) invested €300,000 in the municipality. Devojački bunar (Girl’s Well) is also of great importance as a natural thermal spring with water temperature of 26°C.

mentation already exists.

LOCATION 2: Industrial Zone 2 – Alibunar; Total area: 3 acres; Type of ownership: State Property; Land purpose: Industrial and Business Zone. This industrial zone is also registered as ‘undeveloped land’ and also adjacent to the regional road and international rail line.

The site has access to power, water, gas supply systems, telephone lines and a sewage system. The site is accessible by road. Land lease is possible and the required planning and regulatory documentation already exists.

LOCATION 3: Industrial Zone 3 – Alibunar; Total area: 83 hectares, 60 acres; Type of ownership: State Property; Land purpose: Industrial and Business Zone. This industrial zone, also registered as ‘undeveloped land’, is 3km from the centre of town and is currently devoid of infrastructure. Access roads connect the site to the transport network and land lease is possible.

L O C AT I O N 4: Industrial Zone 4 Banatski Karlovac; Total area: 2 hectares, 63 acres; Type of ownership: State Property; Land purpose: Industrial and Business Zone. This industrial zone, registered as ‘undeveloped land’, is adjacent to the M-19 main road. Infrastructure connections are linked to the neighbouring plot of land. The site has direct access to roads and land lease is possible. The process of changing the purpose of the land to a work zone is in progress.

DANIJEL KIŠMARTON, PRESIDENT OF THE MUNICIPALITY OF ALIBUNAR: “In 2006, Slovenian company ‘ROTO LTD’ invested €300,000.”

Agriculture is the most developed branch of Alibunar’s economy

INDUSTRIAL ZONE L O C AT I O N 1: Industrial Zone 1 – Alibunar; Total area: 95 acres; Type of ownership: State Property; Land purpose: Industrial and Business Zone. This industrial zone is registered as ‘undeveloped land’. The site is adjacent to the regional road and international rail line. The site has access to power, water, gas supply systems, telephone lines and a sewage system. There is direct access to the regional road and the railway. Land lease is possible and the required planning and regulatory docu-

PERMITS AND DEADLINES All required permits and approvals for construction on the sites can be obtained in two months.

CONTACT Slađana Vukajlović, Trg Slobode 4, 26310 Alibunar Vojvodina, Serbia Tel: +381-13-642-105 Email: alskupstina@hemo.net Url: www. alibunar.org.rs Languages: Serbian, German and English Vojvodina 2009/2010 The Investors guide / 31

APATIN

FIRST INTERNATIONAL MARINA Apatin’s industrial zone is fully equipped in terms of utilities

A ŽIVORAD SMILJANIĆ, PHD., PRESIDENT OF THE MUNICIPALITY OF APATIN: “The most important investment awaiting implementation in Apatin is construction of a goods & transport centre and a harbour.”

patin is situated in West Bačka.

The municipality covers 333km2 and has 32,813 inhabitants (according to the 2002 census). It also has an exceptionally good geographical position, is close to the state borders with Hungary and Croatia, and is situated on the River Danube. All of this makes Apatin an especially attractive location. Many economic, tourist, sports and recreational activities have added to Apatin’s tourist appeal and helped make it the leader in hunting tourism in Serbia, as well as spa and sport tourism in the region.

MUNICIPAL ECONOMY Between 2002 and ‘08, 21 of the 34 companies operating in the municipality were privatised. However, the privatisation processes for six companies were annulled due to the failure of new owners to adhere to conditions. Some 15 agricultural, food and wood processing companies were operational in Apatin on 31st December, 2008.

The two most important companies are the Apatin Brewery (Apatinska pivara, owned by Interbrew) and PIK Jedinstvo. We have 14 companies operating in the shipbuilding and processing sectors, with the Apatin Shipyard and Vero Company (footware producer) taking the lead. There are also 15 catering companies and five engaged in transport and construction, with Rapid and Saint Gobain the most prominent in this sector.

The most important investment awaiting implementation is construction of a goods & transport centre and a harbour that will employ between 2,000 and 3,000 people. A feasibility study has been written for this project in four languages.

Apatin is home to the first international marina in Serbia, boasting 400 berths with 120 suitable for yachts and the rest for smaller boats. Each berth has its own water supply, electricity and lighting, in addition to the marina being home to Serbia’s first petrol station on the water.

INCENTIVES FOR INVESTORS Aside from those offered by the state, the municipality offers incentives to both domestic and foreign investors in the form of reduced utility fees, favourable land lease, tax exemption for urban planning projects and issuing building permits.

The industrial branches suitable for investing in Apatin are those that comply with t he Envir onmental Protection Study and the Law on Classification of Business Activities.

Investors can obtain all permits and documents within a 30-day period

CONTACT Jovo Korać, Assistant to the Municipal President, head of investments 29 Srpskih Vladara, 25260 Apatin, Vojvodina, Serbia, Tel: +381-25-773-131; Email: ou@soapatin.org Url: www.soapatin.org Languages: Serbian, English, German and Italian

32 / The Investors guide Vojvodina 2009/2010

INDUSTRIAL ZONE Apatin’s industrial zone is traversed by a modern road and has complete utility infrastructure.

PERMITS AND DEADLINES An investor can obtain all required permits and documents within a 30-day period.

INVESTMENTS TO DATE The companies that have made the most important investments in our municipality are Interbrew Belgium (Apatin Brewery), ATM Industrokomerc Belgrade (cold storage plant), Delta Agrar, A.D. ’Lučić’ Prigrevica, KTC – Križevački Shopping Mall, ’Plava ruža’ catering facility opened by celebrated basketball player Željko Rebrača, Italsvenska SPA Italy, Fiš apetit and others..

BAČ

BUSINESS & TOURISM Bač’s principal economic branches are agriculture, agribusiness, construction, trade and hospitality

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ač is located in south-west Bačka’s plains on the left bank of the Danube. It covers an area of 367km², has a population of 16,268 (1,915 unemployed) and is 124km from Belgrade Airport and 65km from Novi Sad. Situated close to the country’s main transportation network and intersected by the DTD Canal system, the municipality has strategic advantages. Moreover, is it on the state border with Croatia and is just 60km from Novi Sad, 20km from the Danube, 120km from Belgrade and 60km from Pan-European Corridor 10.

MUNICIPAL ECONOMY Bač’s economic structure is determined by its geographic position.

The principal branches are agriculture, agribusiness, construction, trade and hospitality, while the municipality’s natural resources ensure is has great tourism potential.

hectares; Type of ownership: Municipal and state-owned property; Intended use: Tourism and leisure activity area: sports facilities, restaurants, chalets, cafés, shops, etc.

This site has access to power and water supply systems, telephone connections, but no access to sewage system and gas pipeline.

LOCATION 3: Residential Area, Bačko Novo Selo; Total area: 8hectares 35acres; Type of ownership: Property of Public Utility Enterprise Vojvodina Šume; Intended use: Residential area with commercial facilities.

This Danube-side location is some 15km from the town of Bač. The construction of access roads linking the site to the main, local and other roads is planned.

LOCATION 4: Vekovi Bača Old Fortress; Type of ownership: Municipal and state property; Intended use: Cultural and historic monument with constructed commercial facilities.

Block 591-1 is a protected archaeological site. The site has access to power and water supply systems, but no access to a sewage system, gas pipeline or telephone connection. Existing access roads provide quick connection to the main, local and other roads.

Land can be leased at all four locations for a 99-year period. All required permits and approvals for construction can be obtained within just two days and the required planning and regulatory documentation already exists.

TOMISLAV BOGUNOVIĆ, PRESIDENT OF THE MUNICIPALITY OF BAČ: “It is possible to lease land for a 99-year period.”

Bač’s economic structure is determined by its geographic position

INDUSTRIAL ZONE L O C AT I O N 1: Industrial Zone; Total area: 24hectares, 54acres, 72m2; Type of ownership: Municipal property; Intended use: Construction of small and medium-sized industrial plant (small-scale industry), construction of business premises / office space, parking spaces, warehousing.

This site has access to power and water supply systems. Extension of sewerage reticulation is underway and telephone lines reach the boundary of the site. The existing access roads provide quick connection to main, local and other roads. There is also a possibility of transformation to a Free Zone, but a precondition would be the construct infrastructure facilities on the lot.

LOCATION 2: Provala Lake; Total area: 37

INVESTMENTS TO DATE The companies that have made the most important investments in the municipality of Bač are as follows: Slovan-progres, Dammil Transport, Bio-Vita, Poljops, Bager Promet, Lipa, Royal96, Sunoko, Labudnjača, Elektrik, Anna Bakehouse and Molnar Brothers.

CONTACT Tomislav Bogunović, President of the Municipality of Bač Trg Zorana Đinđića 2, 21420 Bač Vojvodina, Serbia Tel: +381-21-770-170; 770-075; 770-330; Email: predsednik@bac.rs Url: www.bac.rs; Languages: English Vojvodina 2009/2010 The Investors guide / 33

BAČKA PALANKA

INDUSTRY AND AGRIBUSINESS Potential micro-locations for constructing marinas have been identified

KOSTA STAKIĆ, PRESIDENT OF THE MUNICIPALITY OF BAČKA PALANKA: “Industrial production is well developed.”

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ačka Palanka is in South Bačka County. Occupying an area of 579km2, it has a favourable geographical position, due to its proximity to the Danube and because the municipality lies at the intersection of important roads and the DTD Canal network.

The Danube links the municipality to the rest of Europe and the Black Sea, while a network of regional roads links it to cities like Novi Sad, Sombor, Subotica and Šid (in Serbia) and Ilok and Vukovar in Croatia. Bačka Palanka is a border municipality that’s just a river bank away from Croatia.

The Danube has both transport and tourist potential, while Bačka Palanka has been identified as a suitable micro-location for constructing a marina.

MUNICIPAL ECONOMY Bačka Palanka has 45,962.79 hectares of fertile agricultural land. The dominant land usage branches are crop, fruit and vegetable growing and vineyards, while the municipality also has many livestock farms.

Industrial production is also developed, with the biggest manufacturing companies being: Tarkett (floor coverings), Nopal (manufacturer of electrical installation materials), Merkur (production of leather accessories), Nektar (fruit and vegetable processing), Carlsberg Srbija Čelarevo (brewery), Fertil (producer of mineral fertilizers), Soufflet (malt production), Majevica (agricultural machinery and tools), Bačka (abattoir) and Kovis BP (production, trade and service company.)

INDUSTRIAL ZONES The municipality has two industrial zones in

the town of Bačka Palanka: the north industrial zone (114 hectares) and the south industrial zone (210 hectares). There are also industrial zones in Obrovac (7 hectares), Nova Gajdobra (12 hectares) and Despotovo (3.5 hectares).

The initial lease prices for construction land deemed suitable for building business facilities are: extra zone (downtown) 2.37 din/m2; first zone (Bačka Palanka) 1.99 din/m2; second zone (Bačka Palanka) 1.47 din/m2; third zone (Bačka Palanka) 1.11 din/m2; fourth zone (Čelarevo) 0.43 din/m2; and fifth zone (urban settlements) 0.08 din/m2.

INCENTIVES FOR INVESTORS The initial lease prices for construction land deemed suitable for building facilities that are considered important for the development of the municipality (such as swimming pools, sports terrains, boat race routes, tourist facilities, etc.) are 80% lower than other lease prices.

When it comes to incentives for hiring new workers, investors are granted the following subsidies: 10% for hiring up to 20 workers; 20% for 21 – 50 workers; 30% for 51 – 100 workers; 40% for 101 – 200 workers and 50% for companies hiring over 200 workers.

Crop, fruit and vegetable growing dominates our agricultural sector

CONTACT Slobodan Antonić, Deputy President of the Municipality for economic 16 Kralja Petra I, 21400 Bačka Palanka, Vojvodina, Serbia Tel: +381-21-7559-117 Email: info@backapalanka.org.rs Url: www.backapalanka.org.rs Languages: English

34 / The Investors guide Vojvodina 2009/2010

PERMITS AND DEADLINES In accordance with the Spatial Planning and Construction Law, the deadline for issuing the spatial planning act is 30 days from the submission of a request; building permits are issued within 15 days from submission of the request, while registering the start of construction works is done in eight days. This makes a total of 53 days.

BAČKA TOPOLA

GATEWAY OF VOJVODINA Vojvodina’s first industrial park and logistics centre expects investors

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ačka Topola is located in the heart of Bačka, 35 kilometres from the Hungarian border, between Subotica and Novi Sad. The municipality stretches over 596 square kilometres and is home to 38,000 inhabitants in 23 towns, villages and hamlets.

Bačka Topola has an excellent geographical position, lying as it does at the very intersection of important roads. We are just three kilometres from the motorway and are on the route of Pan-European Corridor 10. The international Belgrade – Budapest railway line also runs through the industrial park.

MUNICIPAL ECONOMY The municipality has a long industrial tradition and boasts several successful companies that could encourage a further influx of working capital. Agriculture is the most dominant economic branch, with several industrial sectors also active. Several industrial branches originated from the agricultural sector, including food processing, textiles, leather and fodder industry.

When it comes to metal-processing industry, we have developed capacities with a steel foundry, production of wood cutting tools, ironmongery, electrical metal processing and chain and metal production. Bačka Topola has plenty of tourist potential, especially in terms of sightseeing tourism. Every year we host the famous Zobnatica Equestrian Games, while on 15th September is the annual Days of Bačka Topola event.

INDUSTRIAL ZONE The first industrial park and logistics centre (VIP – LC) in Vojvodina was built in Bačka Topola. The park has direct access to the railway and there are 15 companies currently operating in the existing industrial zone, with over 1,500 employees. The gross surface area of the park covers 125 hectares and there is a possibility of acquiring an additional 5,000 square metres. The industrial zone has electricity, running water and gas, while sewage and waster water filter units are currently being designed. The zone has phone lines and internet connections. The net sale price is three Euros per square metre (plus VAT), excluding infrastructure. The Vojvodina Industrial Park and Logistics Centre (VIP-LC) is the zone’s vendor.

BÁBI ATTILA, PRESIDENT OF THE BAČKA TOPOLA MUNICIPALITY: “The international Belgrade – Budapest railway line also runs through the industrial park.”

15 companies currently operate in the existing industrial zone

INCENTIVES FOR INVESTORS We provide several incentives for investors that: purchase a plot of land greater than five hectares; employ over 50 people; set up a company that deals in innovations or is engaged in renewable energy sources. It is worth mentioning that there is a possibility of extending the existing infrastructure, while companies operating within the municipality have established good collaboration. The corporate profit tax rate is 10%.

INVESTMENTS TO DATE International companies located in the industrial park: Lohr (France), Pöttker (Germany), Funny (Italy), Perutnina (Slovenia), Petrol (Slovenia) and Zobnatica (Greece).

CONTACT Monika Kokai, director VIP-LC d.o.o.

1 Svetosavska Street, 24300 Bačka Topola, Vojvodina, Serbia Tel: +381-24-713-506; Fax: +381-24715-918; Mob: +381-63-10-44-089 Email: kokai.monika@viplc-backatopola.com; Url: www.btopola.org.rs Languages: Hungarian and English

Vojvodina 2009/2010 The Investors guide / 35

BAČKI PETROVAC

ADMINISTRATIVE EFFICIENCY

Agricultural production, processing and bulk trading are traditional here

TURAN VLADIMIR, PRESIDENT OF THE MUNICIPALITY OF BAČKI PETROVAC: “...there are plans to build a regional bypass with a section running through the industrial zone.”

ački Petrovac, situated in southern Bačka, stretches across 158km2 and is part of the Vojvodina plain.

It is intersected by the DTD Canal network and is comprised of four towns and villages and has 14,681 inhabitants, mainly of Slovak ethnicity.

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99-year period. Furthermore, there are plans to build a regional bypass with a section running through the industrial zone, as well as a pier on the Bački Petrovac – Karavukovo Canal. The municipality intends to construct lacking infrastructure, as envisaged through technical documentation.

MUNICIPAL ECONOMY The most important natural and economic potentials of the municipality lie in its geography, transport connections, market potential, quality urban planning documentation, opportunities for rural tourism development, efficient local administration, growing and distributing organic food and environmental investments.

There are also possibilities to develop industry through the regeneration of existing capacities (metal processing and graphic production), as well as through the development of other branches, such as sack making and the chemical industry. Agricultural production, processing and bulk trading are considered traditional in the municipality.

INCENTIVES FOR INVESTORS Pursuant to the Decision on Standards and Criteria for the Construction Land Customising Fee, the Managing Board of the Construction Land, Road Infrastructure and Utility Directorate is authorised to determine this fee. Moreover, the Board adopted the Decision on Reducing Utility Equipment Costs.

The municipality has two institutions able to assist investors: the Agriculture Development Agency and the Agriculture Development Department.

PERMITS AND DEADLINES 30 DAYS: to acquire an urban planning excerpt; 15 DAYS: to acquire a 2 certificate confirming that the main project is written in line with the excerpt; 15 DAYS: to acquire a building, additional building and reconstruction permit; 15 DAYS: to register construction works; 15 DAYS: to fulfil a request for supervision of the building’s foundations’ 15 DAYS: to complete a technical inspection of a facility request and issue an operating permit.

The initial lease rate for municipal construction land is €1.5m

CONTACT Aurela Šimudvarac Luči, Municipality of Bački Petrovac 6, Kolarova, 21470 Bački Petrovac Vojvodina, Serbia Tel: +381-21-780-247; +381-21-780378; Fax: +381-21-780-571 Mob: +381-63-517-129 Email: aurela_luci@yahoo.com Url: www.backipetrovac.org.yu Languages: Slovak i English

36 / The Investors guide Vojvodina 2009/2010

INDUSTRIAL ZONE The Bački Petrovac industrial zone covers 54.8 hectares of construction land and 87.5 hectares of other land plots. The municipality owns 10 hectares of land, while the rest is privately owned. The DTD Canal network and railway both run through the industrial zone.

The R-102 regional road (Novi Sad – Sombor) is nearby (2km), while the M-7 main road (Novi Sad – Bačka Palanka) is 10km away. Bački Petrovac is 23km from Novi Sad. There is a possibility of the municipality granting rights to land utilisation, as well as land lease for a

INVESTMENTS TO DATE The top investment so far is by Belgium’s BLOCKX (packaging production), while Bački Petrovac has also welcomed brownfield and greenfield investments by Neografija printing company from Slovakia..

BEČEJ XXX

AT THE CROSSING OF THE WATERWAYS Bečej Municipality offers incentives to those investors who hire a significant number of workers in newly established factories

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ečej Municipality is precisely in the middle of Vojvodina’s section of the Tisa River, on the border between the sub-provincial regions of Bačka and Banat. The municipality has a good geographical position and network of roads connecting it to Novi Sad, Srbobran, Bačka Topola, Senta, Novi Bečej and the rest of Vojvodina.

Bečej is linked with Banat via the Tisa dam.

MUNICIPAL ECONOMY The biggest companies here are Sojaprotein, PIK Bečej-Poljoprivreda, Fadip (Fadip’s privatisation was recently anulled), Linde gas Srbija, SP Laboratorija, Knott -Autoflex YUG and Bag&Deko. Bečej is a distinctly agricultural area, with 44,000 hectares of arable land.

The town also has two thermal water springs and is known as a spa town, though the existing spas need to be reconstructed and new ones built. The thermal springs could also be used for heating purposes.

Bačka Canal runs through the zone and can be used by smaller ships, while the River Tisa is just two kilometres away. There are 12 land plots in Block 124 that are ideal for workshops and similar production. However, they are currently fully leased. Blocks 131 and 135 (ttl 21 hectares) are regulated for agricultural land to be converted into construction plots. This land is owned by the state and private owners.

INCENTIVES FOR INVESTORS Bečej offers an industrial zone completely equipped for greenfield investments, as well as incentives for those hiring significant numbers of workers in new factories.

PETER KNEZI, XXXPRESIDENT OF THE MUNICIPALITY OF xxx BEČEJ: “Bečej Municipality offers an industrial zone that is completely equipped for greenfield investments.”

Industrial locations 1 and 2 are suitable for industrial facilities

INDUSTRIAL ZONE Bečej’s industrial zone is spread across three locations: location 1 (Block 124) has a total area of 34,140m2; location 2 (a section of Block 129) covers 193,259m2. Both blocks are suitable for industrial construction. Location 3 (in Blocks 130 and 131) covers 210,136m2 and is suitable for the construction of harbour facilities. The industrial zone is 120km from the airport, 500 metres from R-122 regional road and the M-3 main road, and 30km from the motorway. The Great

PERMITS AND DEADLINES 30 DAYS: request for issuing a construction permit in accordance with the Urban Planning Act, additional construction and reconstruction; 15 DAYS: request for issuing a building permit; 8 DAYS: application to commence construction, additional construction and reconstruction; 15 DAYS: request for a technical inspection of the facility and the issuing of an operating licence.

Please note that the aforementioned permission documents can be issued in three working days in cases of urgent construction needs or extenuating circumstances.

INVESTMENTS TO DATE The companies operating in Bečej at present include KTC, Linde Gas - Bečej / Germany, Victoria Group, Phiwa, Union, Kovax, Termo konstruktor, Motortrading, Kataduzo, Delta Real Estate, Rosiva and Varomont.

CONTACT Dušan Radivojević, Member of the Municipality Council 2 Trg Oslobođenja, 21220 Bečej, CONTACT Vojvodina, Serbia xxx Tel: +381-21-69-12-222 Mobile: +381-64-89-59-004 Email: radivojevic@becej.co.rs www.becej.co.rs Languages: Serbian, Hungarian, English Vojvodina 2009/2010 The Investors guide / 37

BELAXXX CRKVA

AGRICULTURE & TOURISM The Nera Industrial Park is located within the existing industrial zone, which covers an area of 14.26 hectares

VLADICA MAKSIMOVIĆ, PRESIDENT OF THE MUNICIPALITY OF BELA XXX CRKVA: xxx “The Nera industrial park is suitable for building business, production and warehouse facilities”

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ela Crkva lies on the River Danube and is a border municipality located in north-eastern Serbia, southeast of Vojvodina and Banat respectively. The M-7/1 road, connecting Zrenjanin to the Kaluđerovo border crossing (Romania), runs through our municipality. Bela Crkva stretches across 353km2.

It consists of 14 towns and villages, and has a population of 20,367.

MUNICIPAL ECONOMY Two strategic economic branches have been developed in the Municipality of Bela Crkva – agriculture and tourism.

Bela Crkva is a town boasting a wonderful landscape, old streets and Baroque buildings, which makes it a unique tourist haven.

The town lies in a fertile winegrowing valley at an altitude of 89.5 m/ASL. The rivers of Karaš and Nera run through the municipality, while in the western section of the town there is a group of seven reservoirs, the DanubeTisa-Danube (DTD) Canal and the Danube itself. The Deliblatska Desert (also called the ’European Sahara’) is a unique nature reserve located only 15 kilometres from Bela Crkva, while the municipality boasts hunting and game breeding grounds covering an area of over 1,500 hectares. This area is also a bird habitat.

Agricultural plots are the most important natural resource and they cover a total of 77 per cent of the municipality’s territory. The entire territory is 33,345 hectares, with 21,499 hectares repre-

senting ploughed field, 6,158 hectares of meadows, around 160 hectares of vineyards and orchards and 2,704 hectares of forestland.

INDUSTRIAL ZONE The Nera Industrial Park is located in the existing industrial zone, which covers an area of over 14.26 hectares. The zone is perfect for developing business, production and warehouse facilities. It also has appropriate infrastructure, such as roads, a water supply system and electricity. The municipality placed a newspaper advertisement in June for leasing land plots in the Nera industrial park.

The municipal authorities provide incentives in terms of lease and subsidies for utility services (only for producers).

The municipality provides incentives on lease terms and subsidies for utility services

CONTACT Miroslav Šinžar, Head of the Construction Land Committee 2, Miletićeva Street, 26340 Bela Crkva, Vojvodina, Serbia Tel: +38113-851-224/ ext. 109 Mob: +381-64-68-31-742 Email: opstinabc@arenapc.org URL: www.belacrkva.info Languages: Czech, English, Romanian and Hungarian

38 / The Investors guide Vojvodina 2009/2010

PERMITS AND DEADLINES 30 DAYS: issuing an urban planning document needed for construction, additional construction

and reconstruction.

15 DAYS: issuing a certificate confirming that the main project is in line with the Urban Planning Act. 15 DAYS: issuing a permit for construction, additional construction or reconstruction and providing a certificate that the main project was written in accordance with the Urban Planning Act. 15 DAYS: registering the commencement of construction, additional construction or reconstruction; registering the laying of foundations; and carrying out a technical inspection of the facility and issuing an operating permit.

BEOČIN XXX

STRATEGIC SME LOCATION

A large part of Beočin’s economy is based on cement production

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eočin lies along the northern slopes of Fruška Gora, beside the Danube. The Municipality covers 186km² and has a population of 16,086 (1,814 unemployed). It is just 70km from Belgrade’s Nikola Tesla Airport and a mere 17km from Novi Sad. Most of the municipality’s eligible workforce of 10,997 is employed in Novi Sad. MUNICIPAL ECONOMY A large part of Beočin’s economy is based around cement production, with the world leader in construction materials, Lafarge, owning a cement plant in Beočin town.

In addition, the local authorities are exerting efforts to utilise the area’s extraordinary natural resources and favourable strategic position for the development of SMEs in the sectors of tourism, agriculture (vineyards/orchards), as well as trade and services.

The municipality offers quick and easy access to one of the most important European communication routes: Corridor 7 (The Danube), while the proximity of Novi Sad and the E-75 motorway ensure that Beočin has good transport links.

As Beočin is beside the great Danube and Fruška Gora National Park, and is home to vineyards, orchards, historic monasteries and stunning countryside, the municipality has genuine untapped eco-tourism potential.

Ownership: Municipal property; Intended use: Not strictly defined. The site is located in Beočin town, between regional road R-107, the Danube and the Lafarge canal. The site is not yet equipped with infrastructure/utilities, but required planning and regulatory documentation exists.

LOCATION 2 - Site no. 105/1 – Čerević; Area: 16 hectares, 76 acres, 60m²; Ownership: Municipal property; Intended use: Not strictly defined. This site is located in the construction zone of the village of Čerević and is connected directly to regional road R-107.

LOCATION 3 - Site no.

1732/6 – Beočin; Total area: 55 acres, 14m²; Ownership: Municipal property; Intended use: Gas Station. This site is located in Beočin town centre.

Locations 1, 2 and 3 are not yet equipped with infrastructure/utilities, but required planning and regulatory documentation exists.

LOCATION 4 - Site: Beočin Business Park ‘Lafarge BFC’ – Beočin; Total area: 25 hectares + 27 hectares; Ownership: Private property (Lafarge BFC); Intended use: Business zone. This site is connected to the Danube via a canal, while a railway also passes through the site. The site is fully equipped with infrastructure & utilities and the required planning and regulatory documentation exists.

BOGDAN CVEJIĆ, PRESIDENT OF THE MUNICIPALITY OF BEOČIN: “The area has a good transport network.”

Beočin Business Park ‘Lafarge BFC’ is fully equipped with infrastructure & utilities

INDUSTRIAL ZONE LOCATION 1 - Industrial Zone, no. 1467/1 – Beočin; Area: 17 hectares, 46 acres, 73m²;

PERMITS AND DEADLINES All required permits and approvals for construction at the first three locations can be obtained within four months of submission of the required documentation, while for the Beočin Business Park only a month is required.

CONTACT Bogdan Cvejić, President of the Municipality, Svetosavska 25, 21300 Beocin, Vojvodina, Serbia Tel: +381-21-870-537 Email: bogdan.cvejic@sobeocin.org.rs Url: www.sobeocin.org.rs Languages: Serbian, German, English

Vojvodina 2009/2010 The Investors guide / 39

ČOKA

RENOWNED FOR WINE Čoka is attractive for the development of hunting and fishing tourism

PREDRAG MIJIĆ, PRESIDENT OF THE MUNICIPALITY OF ČOKA: “The industrial zone is accessible by road.”

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he Municipality of Čoka is located in northeastern Vojvodina between the Tisa and Zlatica rivers. Covering an area of 321km², Čoka is comprised of seven settlements: Čoka, Sanad, Ostojićevo, Padej, Crna Bara, Vrbnica and Jazovo. Čoka is 170km from Nikola Tesla International Airport and 92km from Novi Sad. The Municipality has a population of 13,832, mainly Hungarians and Serbs, and there are 1,394 residents registered as unemployed of a total of 9,087 eligible workers. Čoka is located in the area bordering Hungary (30km from the border crossing and around 22km from the state border). International motorway E-75 intersects this municipality, while it is also intersected by the river Tisa and the DTD Canal network (navigable canals, irrigation and tourism).

MUNICIPAL ECONOMY With a favourable geographical position on the crossroads between Senta, Kikinda and Zrenjanin, Čoka’s economy is growing (food processing industry, agriculture, and oil wells). The Municipality is also well-known for its vineyards, viticulture and famous Čoka wine sellers. Austrian company ATB Sever has its manufacturing facilities in this municipality. There are several small lakes in the vicinity of Čoka: Stara or Mrtva Tisa and Jama. There is also a large fishpond belonging to the DTD Water Management Company and a modern pheasant farm – all of which make this municipality attractive for the development of hunt-

ing and fishing tourism, but also vineyard and wine tourism, which is being developed in Vojvodina.

INDUSTRIAL ZONE Location 1 - Site: Industrial zone – Čoka; Total area: 119.5hectares; Type of ownership: State property; Intended use: Industrial plants. Čoka’s industrial zone is registered as ‘undeveloped construction land’ and there is a possibility to expand the lot up to 240hectares.

The site is located between Senta and Čoka, just 50m from the main road M-24 and railway line and 3km from the river Tisa. Complete infrastructure is under construction and the nearest connection points are 500-1,500m from the site. The location is accessible by road. The required planning and regulatory documentation already exists as part of the General Development Plan of Čoka.

Austrian company ATB Sever has its manufacturing facilities in this municipality

CONTACT Jasmina Maluckov, Project Manager Potiska 20, 23320 Čoka, Vojvodina, Serbia; Tel: +381-230-71-000; +381-230-71-175 – ext. 115 Email: opstina@coka.co.yu; krz.coka@skgo.org Url: www.coka.co.rs Languages: Serbian and English

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INCENTIVES FOR INVESTORS Land can be leased for a period of 99 years.

PERMITS AND DEADLINES The shortest possible period necessary for obtaining all required permits and approvals for construction on the site is five months.

INVESTMENTS TO DATE Investors that have already arrived in Čoka include: Menta Padej, ATB Sever Livnica, Vinoprodukt – Čoka, AWISS – Beograd RJ Padej, Remy trade- Subotica RJ Ostojićevo, Žitogolija – Jazovo, Impertrade Beograd RJ Vrbica.

INĐIJA

STRATEGIC SITE Over 45% of all businesses in Inđija are industrial manufacturing facilities, mainly metal and rubber manufacturing, while the second largest industry (over 30%) is retail and wholesale trade.

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nđija is located in southern Vojvodina.

It covers an area of 385km² and is just 45km from Belgrade International Airport and 30km from Novi Sad. The municipality has 49,609 inhabitants and a population density of 130/m². Currently, there are 7,052 unemployed eligible workers in Inđija.

Inđija is a strategically important location, lying at the crossroads of highways and railroads connecting Belgrade and Zagreb on one side, and Sofia-Belgrade-Subotica-Budapest on the other. Inđija’s strategic location on Pan-European Corridors 10 and 7 (the Danube), coupled with its proximity to Nikola Tesla Airport, make this municipality very attractive.

MUNICIPAL ECONOMY There are 3,760 registered businesses in Inđija, 90% of which are privately owned.

Over 45% of all businesses are industrial manufacturing facilities, mainly metal and rubber manufacturing, while the second largest industry (over 30%) is retail and wholesale trade. The remaining 25% of businesses are engaged in construction, hospitality industry, transportation and other industries. The municipality offers good opportunities for tourism development, especially hunting, fishing, transport, and spa tourism.

from the E-75 highway and alongside the R-109 regional road. Nikola Tesla Airport is just 30km from the site. There are several factories operating in different fields, while 85% of the total area is unoccupied and ready to accommodate new industrial plants. The Industrial zone has access to high-voltage power lines, a water supply system, telecom services and a sewage system. A principal gas pipeline runs through the area and an Inđija bypass road is planned to run through the site, connecting the zone to the M-22.1 main road. Required planning and regulatory documentation already exists within the General Development Plan of the Municipality of Inđija.

INCENTIVES FOR INVESTORS Land can be leased for a period of 99 years.

Inđija’s proximity to Belgrade Airport makes this municipality very attractive

INDUSTRIAL ZONE Location 1. Site: North-east Industrial zone – Inđija; Total area: 600ha; Type of ownership: State and private property; Intended use: Construction of large-scale industrial plants.

The industrial zone is ideally located, 900m

GORAN JESIĆ, PRESIDENT OF THE MUNICIPALITY OF INĐIJA: “The municipality offers good opportunities for tourism development.”

PERMITS AND DEADLINES The shortest possible period required for obtaining all the required permits and approvals for construction on the site is two months.

INVESTMENTS TO DATE Companies that have manufacturing facilities in this municipality include well-known international companies such as Henkel (Germany), Farmina (Italy), automotive sector companies, such as IGB Automotive (Germany), Lagermax Elite and Midland Group; food processing companies Invej and Swisslion; plastic joint stock company Izoterm Plama (Slovenia), Werner Weber (Germany) and ReEnergy (Austria), Serbia’s first wind-powered generator. There is also a Mercator (Slovenia) retail centre..

CONTACT Goran Jesić, Mayor of Inđija Tel: +381-22-561-301; 561-311 Email: gjesic@indjija.net Uroš Ćuruvija, director of the Inđija Municipality Directorate for Construction Tel: +381-22-561-112 Email: direkcija@indjija.net Cara Dušana 1, 22320 Inđija, Vojvodina, Serbia Url: www.indjija.net; www.moja.indjija.net Languages: Serbian, English, Germany and Italian Vojvodina 2009/2010 The Investors guide / 41

IRIG

WELL CONNECTED The main driving force of structural changes in the municipality’s economy is agriculture, which has a great impact on other branches of the economy

DR RADOVAN ERCEGOVAC, PRESIDENT OF THE MUNICIPALITY OF IRIG: “The greatest tourism potential is to be found in spa tourism.”

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rig is one of Vojvodina smallest municipalities, covering an area of 230km², and the town of Irig is Vojvodina’s highest municipal administrative centre. Irig municipality includes another twelve settlements: Vrdnik, Dobrodol, Satrinci, Jazak, Grgeteg, Neradin, Krušedol Selo, Krušedol, Prnjavor, Rivica, Mala Remeta and Velika Remeta. Irig municipality is 60km from Belgrade’s Nikola Tesla International Airport and 20km from Novi Sad. This multiethnic municipality has a population of 12,329, with 1,714 elligible workers registered as unemployed.

Irig is well connected to major transport arteries, with the most important road route being the M-21 motorway (Novi Sad-RumaŠabac) and main road R-130 (Beška-IrigBeočin). The railway route Injdjija-RumaSremska Mitrovica is 12km away.

ly concentrated in Vrdnik, while Fruška Gora National Park occupies the major part of the municipal territory and is one of the most attractive places in Serbia and the entire region.

The greatest tourist potential is found in spa tourism and the thermal rehabilitation centre in the village of Vrdnik. Village tourism is beginning to grow, especially in Jazak settlement (the Jazak ethno house), while eight monasteries on the territory of Irig Municipality make this area particularly attractive.

INCENTIVES FOR INVESTORS Irig offers a swift and simple approach to disseminating information and documentation necessary for carrying out further business operations.

The local authorities are close to finishing compilation of our Strategy for Sustainable Development of the Municipality of Irig. This will be an official document which potential investors will be able to reference. It will be a useful guide to help them get better acquainted with our territory and for them to decide which sector to invest in. Irig is also currently compiling a spatial planning document for Industrial Zone 2, which covers 30 hectares. Plots will cover a hectare each and will be available to investors in six months’ time.

Village tourism is growing, especially in Jazak settlement

CONTACT Dr Radovan Ercegovac, President of Irig Municipality Vojvode Putnika 1, 22406 Irig, Vojvodina, Serbia Tel: +381-22-461-010 Fax: +381-22-462-035 Email: soirig@neobee.net Url: www.irig.org.yu Languages: Serbian, English and Russian

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MUNICIPAL ECONOMY The main driving force of structural changes in the municipality’s economy is agriculture, which has a great impact on other branches of the economy. Grape growing is of particular importance to Irig’s agriculture and the municipality is famous for it.

The main branches of industrial development include food processing, metalworking and the production of construction materials. The development of the food processing industry is based on fruit and grape processing, production of fodder and a communal slaughterhouse. The metalworking industry is primari-

INVESTMENTS TO DATE Investors that have already arrived in Irig include Macom, Euromakina, Planten, Paneli, Van Co, Plasta, Alnis, Falc east, Mlineks, Forma, Zdravka, Woodindustri, Jazak, Rotis group Lola fop.

KANJIŽA

INDUSTRY AND AGRICULTURE Kanjiža Municipality has high quality arable land and rich oil, gas and clay deposits at its disposal, as well as thermal springs anjiža is a border municipality (Hungary) situated in North Bačka along the banks of the River Tisa. It has 13 towns and villages, 27,500 inhabitants and covers an area of 400m2.

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facilities on this site. Furthermore, another location housing a former army barracks is ideal for brownfield investments. The ownership of this site is currently being regulated and the two-storey, 35-hectare facility could be used for business purposes.

MUNICIPAL ECONOMY Kanjiža has high quality arable land, rich oil, gas and clay deposits, as well as thermal springs. The key areas of industry are production of roof and ceramic tiles and bitumen-based insulation materials. Kanjiža’s well-developed agricultural production provides a base of good quality rawmaterials for the food processing industry.

INCENTIVES FOR INVESTORS The local authorities consider themselves partners to investors. They provide incentives for locations, construction land lease, education and expediting permit procedures. The local development plan has outlined the food processing industry, tourism and the service sector as priorities. There is also a possibility of utilising thermal springs and the close proximity of the border promotes the development of logistical and transport services.

INDUSTRIAL ZONE Industrial zone, Block 8, is located beside the R-119 regional road and the railway station. It covers 3.75 hectares of land, though it is currently being expanded to cover 7 hectares. The relevant infrastructure is only 120 to 500 metres away, while the motorway is 15 kilometres away. The municipality is currently building a sewage system and plans to complete construction of the remaining infrastructure. The industrial park is located in the Horgoš work zone at the intersection of the M-22.1 and R-119 roads.

The Horgoš border crossing is four kilometres away, while the railway station and Corridor 10 are also nearby. This location is suitable for developing clean industries and the service sector.

Block 11 could accommodate a water park, as it is quite close to the spa. The infrastructure in Block 11 is only several hundred metres away and the plan is to build sports and recreational

PERMITS & DEADLINES 3 DAYS: to acquire an urban planning permit; 8-30 DAYS: to write a spatial planning layout; 10-30 DAYS: to acquire various consents for technical documentation; 10 DAYS: to adopt conditions in line with the Act on Urban Planning; 3 DAYS: to obtain a building permit; 30 DAYS: to receive an environmental impact assessment; 8 DAYS: to register building works; 3 DAYS: to complete a technical inspection of the investment facility.

MIHÁLY NYILAS, PRESIDENT OF THE MUNICIPALITY OF KANJIŽA: “The local authorities consider themselves as partners to investors.”

Priorities: the food processing industry, tourism & services

INVESTMENTS TO DATE Kanjiža’s main investors to date are Tondach Austria, Tegola Canadese (Italy) and Valdi from Germany.

CONTACT Klara Sečei Buš , Member of the Municipal Council Robert Fejstamer, Director Information Center for Development Kanjiža Municipality Vojvodina, Serbia Glavni trg 1, 24420 Kanjiža Tel.: +381-24-875–166 Faks: +381-24-873–016 e-mail: office@kanjiza.co.yu www.kanjiza.co.yu Languages: Hungarian and Serbian

Vojvodina 2009/2010 The Investors guide / 43

KIKINDA

OIL AND GAS

The price of construction land in the Kikinda Municipality is determined by its purpose and location

T JAGODA TOLICKI, PRESIDENT OF THE MUNICIPALITY OF KIKINDA: “Kikinda is known for its quality road infrastructure and developed IT network.”

he Municipality of Kikinda is situated in North Banat and has 70,000 inhabitants.

ble for the food processing industry. It stretches over 19 hectares of land, but only 4.5 hectares are available for use.

MUNICIPAL ECONOMY A special terrain calls for a special type of economy, agriculture and services. Crop growing is dominant in Kikinda’s agriculture, followed by cattle breeding. Arable land covers close to 70,000 hectares, i.e. 90% of the total area, and 11% of the municipality’s inhabitants are engaged in agriculture.

The average price of state-owned land available for lease is 10,000 dinars. The land is irrigated over 3,000 hectares through the subsidiary of the Danube-Tisa-Danube (DTD) Canal. The municipality is known for its clay and sand deposits. T In terms of tourist attractions, we offer Suvača, a dry mill which still uses horse power and is one of only two such mills remaining in Europe.

The Mammoth of Kikinda is also a great attraction. Kikinda has both thermal and medicinal springs, while there is a medicinal spring in Banatsko Veliko Selo where the water reaches a temperature of 80ºC. There is also a possibility of developing spa tourism, particularly with the Romanian border nearby.

INCENTIVES FOR INVESTORS The Municipality of Kikinda offers various incentives for both domestic and foreign investors in terms of qualified workforce, acquiring necessary work and production permits, as well as production locations. Some four per cent of the Kikinda population are junior college graduates, while four per cent are university graduates. Most of the workforce has completed high school.

The Kikinda area is also known for its quality road infrastructure and developed IT network. Close to 200,000 tonnes of oil and around 90 million cubic metres of gas are extracted in the municipality each year. That is almost half of the country’s entire oil production and a third of gas production.

The price of construction land in the Kikinda municipality is determined on the basis of purpose and location.

There are two industrial zones for business

CONTACT Branko Ljuboja, Chief of municipal administration, Sava Andrija, Project Manager 12 Trg srpskih dobrovoljaca, 23300 Kikinda, Vojvodina, Serbia Tel: +381-230-410-121 Email: andrija.sava@kikinda.org.rs Url: www.kikinda.rs Languages: Serbian and English

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INDUSTRIAL ZONE There are two industrial zones which are only partially adapted for business. One of these two zones is located along the main road, while the other is two kilometres from the town centre. Both zones cover an area of 20 hectares.

Across town there is an industrial zone suita-

INVESTMENTS TO DATE The most prominent companies in Kikinda are Banini, Kikinda Mill, Prima product, Mlekara i Pekara Kikinda and a dairy plant from Sajan. Then there is a construction materials’ producer, Toza Marković, a chemical company and MSK Metanol, the biggest exporter of methanol and acetic acid in this part of Europe.

Cimos from Slovenia and Le Belier from France have invested in Kikinda, while German investor, Rudolf Walter, has built a retail chain and department store in Kikinda..

KOVAČICA

EXCEPTIONALLY FERTILE LAND The biggest investments have been made in storage capacities and food processing, as well as construction

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ovačica is situated in Southeast Vojvodina and covers 419km2.

The town of Kovačica, the administrative and geographical centre of the municipality, is 47km from Belgrade. The River Tamiš runs through the north-western part of the Kovačica municipality, while the eastern section is covered by the Deliblatska Desert. The municipality is also traversed by the Pančevo to Kikinda regional railway line. According to the 2002 census, the municipality of Kovačica has 27,860 inhabitants of diverse ethnic background with a majority of. Slovaks (41%). The Municipality is a heterogeneous community and an interesting combination of four languages, alphabets, religions, cultures and customs.

ble workforce. The industrial zone is located on the outskirts of Kovačica, near the M24 regional road (Zrenjanin – Pančevo), KovačicaDebeljača local road and the Pančevo-ZrenjaninKikinda regional railway. The zone’s total area is 103 hectares, with 60 hectares available for investments. The infrastructure and utilities provided include access roads, electricity supply – 500 metres, water supply – 50 metres, telephone / optical lines – 500 metres and an industrial water supply channel. The municipality is currently constructing a sewage system and plansinstall a gas system.

MIROSLAV KRIŠAN, PRESIDENT OF THE MUNICIPALITY OF KOVAČICA: “Some 84.02% of the municipality’s total territory is covered by arable land.”

“Authorities are an intermediary between investors & land owners.”

MUNICIPAL ECONOMY Some 84.02% of the municipality’s total territory is covered by arable land - top class crop fields, orchards, vineyards and meadows. Over four fifths of Kovačica’s arable land is chernozem – the most fertile earth on the Pannonian Plain, known for producing high yields.

INCENTIVES FOR INVESTORS Land in the industrial zone is privatelyowned, with the municipal authorities being an intermediary between the investor and the land owner. The price of the land, which is determined by way of an agreement between the investor and the land owner, goes up to €2m2.

The shortest period of time needed for issuing building permits and other licences is two days, provided that the required documentation is complete.

INDUSTRIAL ZONE Kovačica Industrial Zone: Location 1. Foreign investors find Kovačica so appealing because of its close proximity to metropolitan centres (Pančevo, Belgrade, Zrenjanin, Novi Sad) and main transport routes (Kovačica is situated on the M-24 regional road and regional railway line Pančevo-Zrenjanin-Kikinda), coupled with its strong business tradition and availa-

INVESTMENTS TO DATE The biggest investments have been made in storage capacities and food processing, as well as in construction, which all have a long tradition in the municipality. There are several companies in the industrial zone, including Akripol from Trebinje (Bosnia & Herzegovina), Novo mesto from Slovenia and Yes Blumen from the Netherlands..

CONTACT Željko Lenhart, municipality manager 50, Maršala Tita 26210 Kovačica Vojvodina, Serbia Tel: +381-13-661-122 Fax: +381-13-661-047 Email: razvoj@kovacica.org , opstina@ kovacica.org Url: www.kovacica.org Languages: Slovak, English, Hungary, Romanian

Vojvodina 2009/2010 The Investors guide / 45

KOVIN

FAVOURABLE LOCATION Kovin has developed metal & food processing, brick & medicine production, wood and coal processing industries, etc.

SLAVKO BRANKOVIĆ, PRESIDENT OF THE MUNICIPALITY OF KOVIN: “The municipal authorities strictly adhere to legal deadlines for issuing permits and other documentation.”

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ovin stretches across an area of 730.05km2 and has 36,806 inhabitants in 10 towns and villages. The municipality’s advantage is its geographical position: located in South Banat County, it is connected to the rest of the region by a network of roads and is just 55km from Belgrade, 34km from Pančevo and 13km from Smederevo. The Deliblato Desert nature reserve covers 39.9% of the municipality’s territory. Kovin is proud of its multiculturalism and Serbian, Hungarian and Romanian all representing official languages. Thanks to good relations with the Diaspora, the municipality plays an active role in crossborder co-operation.

Popular regular events include The Days of the Cyrillic Alphabet and the October Art Salon.

Athletes from Kovin compete in top national competitions and Kovin has a women’s basketball club and the Radnički Karate Club, whose members often compete for Serbia.

INDUSTRIAL ZONE Kovin has an industrial zone with electricity, a water supply system, gas supply and phone lines. It is connected directly to the first class national highway (M-24). Currently, the municipality is compiling a detailed plan to regulate the industrial block in Kovin (Block 119).

INCENTIVES FOR INVESTORS The municipality has a spatial plan in addition to the general plan according to which the municipal authorities have assigned 90 hectares of land for building a harbour. Industrial Block 119, which is located to the rear of the planned harbour, stretches over 30 hectares. There are various incentives for investors, including a reduced construction land fee and favourable fees for construction land regulation, coupled with a reduced fee for unequipped construction plots and various employment incentives. The Municipality of Kovin has adopted a spatial plan, general plan and overall regulation plan for all towns and villages in the municipality, which significantly expedites the issuing of building permits.

The municipal authorities strictly adhere to legal deadlines for issuing permits and other documentation.

Kovin’s industrial zone is directly connected to national highway M-24.

CONTACT Slavko Branković, Municipal President Blagoje Bogdanović, Deputy President JNA 5, 26220 Kovin, Vojvodina, Serbia Tel: +381-13-742-104; +381-13-742-114 Email: predsednik@kovin.org.rs Url: www.kovin.org.rs Languages: Serbian, Hungarian and Romanian

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MUNICIPAL ECONOMY The municipality has several advantages: a good transport infrastructure (roads and military airport), proximity to large industrial centres, a bridge across the Danube, hunting and river tourism (construction of harbour possible) and good agricultural land suitable for cultivating organic food.

Moreover, the municipality has developed metal and food processing industries, brick and medicine production, wood and coal processing industries, thermal spas, etc. Kovin has 812 university graduates, 1,026 junior college graduates and 10,719 inhabitants who have completed high school.

INVESTMENTS TO DATE The following international companies have invested in Kovin: West Pharmaceutical Services and Hemofarm STADA (Germany), Pilana and OMV (Austria), Toplana (Slovakia) and Lukoil (Russia).

KULA

IDEAL SPA DESTINATION The municipality is ready to accept public-private partnerships in the construction of tourist facilities The Municipality of Kula is situated on Vojvodina’s fertile plain at the crossroads between Novi Sad (52km), Sombor (40km) and Subotica (60km). Belgrade is 132 km from the municipality of Kula. The Bački Breg border crossing with Hungary is 66 km away and 38 km away is the Danube port of Bogojevo and the border crossing to Croatia. The first class M-3 state road runs right through the municipality, while the international railway (Vienna– Budapest–Belgrade) is just 10 km away and the local railway (Sombor–Sivac–Crvenka–Kula– Vrbas) traverses through the municipality. The DTD Canal also passed through the Kula municipality.

MUNICIPAL ECONOMY Of a total area of 481 km², agricultural land covers 43,348 hectares, i.e. 91.44%, dominated by meadow black soil and carbonated black soil. The total area of agricultural land under public ownership amounts to 10,059 hectares.

system and energy transformer station (up to 630KW), while there are also conditions for installation of a developed gas network.

The second project is spa tourist centre Razvala.

The aim is to develop a spa tourist centre which would utilise the natural resources of thermal waters in the region of Razvala to offer spa rehabilitation and sports recreation services to users from the whole region. Through the urban plan of the Municipality of Kula, the zone set aside for this project has been defined as a tourist recreation segment. Three months are needed for construction of the geo-thermal well, while 12 months are required for realisation of the tourist recreation facility ‘Razvala’.

The project’s creation and detailed hydro-geological investigations, plus research/exploitation of the hydro-thermal well and hydro dynamic and hydro-geological research are worth 30,000,000 (€ or RSD??) (finances provided by the budget of the Municipality of Kula and AP Vojvodina), while the construction of the spa tourist centre is valued at €10,000,000. The project’s owners are the Municipality of Kula and private investors.

There is also the planned reprocessing of a nine hectare allotment within the total 25 hectare area for relaxation, sports and recreation (owned by the municipality of Kula). Moreover, the municipality also requires construction of lacking roads and power supply network from the budget of the municipality of Kula. The municipality is ready to accept public-private partnerships in the construction of tourist facilities.

Industrial zone ‘Block 66’ is perfectly located between Kula and Vrbas

INDUSTRIAL ZONE Industrial zone ‘Block 66’ is being constructed in Kula, thus creating infrastructure conditions for the influx of domestic and foreign investments, start-ups and the development of economic activities in order to create new job opportunities and enhancement the local quality of life. The whole zone (85.85 hectares) will be completed in 10 months. The project owner is the Municipality of Kula.

Industrial zone ‘Block 66’ is perfectly located between Kula and Vrbas along the main M-3 road, though it is necessary to build a sewage

SVETOZAR BUKVIĆ, PRESIDENT OF THE MUNICIPALITY OF KULA: “The municipality of Kula is traversed by navigable waterways.”

CONTACT Svetozar Bukvić, President of the Municipality of Kula Damjan Miljanić, Deputy to the municipal president Lenjinova 11, 25230 Kula, Vojvodina, Serbia Tel: +381-25-722-220 Email: svetobukvic@gmail.com; dmiljanic@so-kula.com Agency for the development of Kula Municipality Tel: +381-25-729-650, Url: www.kula.rs Languages: Serbian and English

Vojvodina 2009/2010 The Investors guide / 47

MALI IĐOŠ

LEATHER, METAL & FOOD PROCESSING The industrial park is aimed at bringing local land owners and the whole community together

RÓBERT CSÓRÉ, PRESIDENT OF THE MUNICIPALITY OF MALI IĐOŠ: “The road infrastructure, electricity and water supply networks will be built in the industrial zone this year.”

M

ali Iđoš stretches over 8,100 hectares and is located alongside the international highway connecting Belgrade to Budapest. Mali Iđoš is 48km from Subotica and 50km from Novi Sad, while the municipality is connected via the main road M-22 (Subotica – Belgrade) and international highway E-75 is only a kilometre from the village of Feketić. Mali Iđoš is 145km from Nikola Tesla International Airport, while the Čenej airport is just 38km away.

The Novi Sad Port on the River Danube is 50 kilometres away, while the Belgrade – Budapest railway passes through the municipality, stopping at both Mali Iđoš and Lovćenac.

MUNICIPAL ECONOMY Mali Iđoš has an agricultural character, with both businesses and farms growing wheat, maize and sugar beet.

The municipality has significant available workers in the leather, metal and food processing industries, which are considered traditional locally. The Mali Iđoš Tourist Organisation is engaged in preserving and protecting tourism values, as well as developing tourist activities in the municipality. We have the traditional Cherry Days event, which takes place in Feketić, and Dombosfest, an art festival in Mali Iđoš. The Zobnatica tourist & recreation centre is nearby. Here racehorses have been bred for over 200 years.

road M-22 and the southern part of the Feketić village, lies the Small Steps Industrial Park, which has been fully prepared for local and foreign investors. The company managing the park, Small Steps Ltd., was founded in 2004 with the support of the Municipality of Mali Iđoš. It is tasked with developing and building the industrial park for local and foreign partners and investors. The road infrastructure, electricity and water supply networks will be built in the industrial zone this year. The industrial zone covers 40 hectares, 20 of which are divided into land plots.

The purpose of the industrial park is to bring together local land owners and the entire community in implementing a long-term project that will cover activities include buying, selling and leasing real estate, design, reconstruction and building of future facilities, engineering, financial and tax consulting, market research, foreign trade, various services, marketing activities, etc.

The municipality doesn’t charge a fee for company statements in the first five years

CONTACT Zita Molnár, Director ‘Small Steps’ Industrial Zone Municipality of Mali Iđoš Glavna 32 24321 Mali Iđoš, Vojvodina, Serbia Tel: +381-24-730-214 Email: opstina.maliidos@gmail.com; small.steps.doo@gmail.com Url: www.maliidos.com; www.smallsteps.biz Languages: Serbian, Hungarian, English, German 48 / The Investors guide Vojvodina 2009/2010

INDUSTRIAL ZONE In the triangle formed by highway E-75, main

INCENTIVES FOR INVESTORS Investors can obtain building and reconstruction permits in 30 to 60 days. Moreover, the municipality doesn’t charge a fee for company statements in the first five years.

INVESTMENTS SO FAR The most important companies that have invested in our municipality so far are Wienerberger, Agrokons, Građamont, Montel, Montrom, Chik-Prom, Big-Chick, Agriromagna, and DTD Ribarstvo.

NOVA CRNJA

SUITED FOR SPAS & WELLNESS TOURISM Nova Crnja’s advantage lies in thermo-mineral springs suitable for healing spa treatments, as well as arable land and clay deposits

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he Municipality of Nova Crnja is located in northeast Banat and covers an area of 273 square kilometres. Its main transit road is international road M-7, which connects Zrenjanin with Serbia and Romania and runs over the municipal territory.

MUNICIPAL ECONOMY The municipality boasts a cooking oil plant, Banat, as well as a Serbian-Russian joint venture company in Srpska Crnja, producing readymade meals, and the Subotica Veterinary Institute.

Over 50% of the municipality’s employed population are engaged in agriculture, making it the top sector by far. The most important commercial branches are the processing industry, retail trade, vehicle/motorbike repairs and educational activities. According to the National Employment Service, most unemployed people in Nova Crnja have completed primary education or at least two years of high school. Close to 25% of the unemployed population are high school graduates, while quite a lot of citizens have completed junior college or university studies. The municipality’s development advantage lies in thermo-mineral springs suitable for healing spa treatments, as well as the arable land that covers seven sections in the municipality and clay deposits, which are currently being exploited. The border crossing

with Romania is nearby, which contributes to the development of transit tourism. Moreover, there is an extensive canal network and a well developed road infrastructure.

INDUSTRIAL ZONE The Municipality of Nova Crnja has an industrial zone and a detailed spatial plan – a prerequisite for compiling project documentation (the municipal authorities have written main projects for the entire infrastructure in the industrial zone). Now that the municipality has authored the main projects, it is now possible to devise principal projects for infrastructural systems. Basic infrastructure – electricity, roads, gas pipeline, water supply system, telephone lines, ADSL and sewage – are all nearby.

The municipality has good potential for the development of tourism, with thermal springs of water reaching temperatures of between 60 and 80ºC. There are also opportunities to develop hunting and fishing tourism, thanks to the fact that the municipality is rich in forestland and game wildlife.

We have good potential for the development of marine tourism

PERMITS AND DEADLINES It takes up to 15 days for the municipal authorities to respond to a request for issuance of a spatial planning act for construction, additional building, reconstruction of facilities, registration of the commencement of construction works; or to respond to a request for technical inspection of the facility and issue an operating licence.

PERA MILANKOV, PRESIDENT OF THE MUNICIPALITY OF NOVA CRNJA: “Now that the municipality has authored the main projects, it is now possible to devise principal projects for infrastructural systems.”

CONTACT Pera Milankov, Municipal President Mile Todorov, economic department Mob: +381 63 533 193 Municipality of Nova Crnja 110 JNA, 23218 Nova Crnja Vojvodina, Serbia Tel: +381-23-815-030; Fax: +381-23-815-031 Email: peramilankov@gmail.com, todorovmile@gmail.com Url: www.sonovacrnja.org.rs Languages: Serbian, Hungarian and English

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NOVI SAD

REGIONAL B The geostrategic position of Novi Sad is very favourable, considering the fact that the city lies along major transport routes

T IGOR PAVLIĆIĆ, MAYOR OF NOVI SAD: “It is a fact that the EU countries are easy accessible from Novi Sad.”

CONTACT Igor Pavlićić, Mayor Trg slobode 1, 21000 Novi Sad Vojvodina, Serbia Tel: +381-21-529-270 Fax: +381-2-525-931 Email: gradonacelnik@gradnovisad. org.rs Url: www.gradnovisad.org.rs Languages: All languages 50 / The Investors guide Vojvodina 2009/2010

he City of Novi Sad is the capital of the Autonomous Province of Vojvodina. It is situated on the left bank of the Danube, just across from Fruška Gora mountain and national park.

It is 92km from Belgrade and 87.91km from Belgrade’s Nikola Tesla Airport.

Novi Sad has an official metropolitan population of 333,895 – making it Serbia’s second city – though estimates claim that more than 450,000 people live in Novi Sad.

By SEE standards, the population is highly educated and relatively young. According to statistical data, 35.8% of Novi Sad’s citizens are aged between 15 and 39. The University of Novi Sad, founded in 1960, is the second largest university in the country, with 14 different faculties and about 40,000 students. Novi Sad currently has 27,602 unemployed citizens.

It is a fact that EU countries are easy accessible from Novi Sad, thanks to an excellent road and rail network that intersects the city and its surroundings – the most important of which are PanEuropean Corridors 10 and 7.

The strategic importance of the River Danube stems from the fact that it is the only river on Earth that is navigable through its full course, which passes through 10 countries.

MUNICIPAL ECONOMY Novi Sad represents the administrative, financial, tourism, scientific and cultural centre of Vojvodina. The geostrategic position of Novi Sad is very favourable, considering the fact that the city lies along major transport routes and has direct access to the highways E-75 and E-70, as well as the Danube and DanubeTisa-Danube (DTD) Canal.

The city’s economic structure is dynamic

and remains far superior to those of other parts of Vojvodina. The most important historical events for Novi Sad included gaining the status of a free city in 1748, within the Austro-Hungarian Monarchy, and becoming a part of Serbia, as the Autonomous Province of Vojvodina, in 1918.

INDUSTRIAL ZONE Location 1: North of Primorska, SEVER I – Novi Sad; Total area: 2998m2 + 2874m2; Plots: 380/5 & 380/6 cadastre NOVI SAD IV. Type of ownership: City of Novi Sad. Intended use: manufacturing, commercial; Infrastructure: the site is fully equipped with infrastructure and has access to roads.

This site is four and a half kilometres from the city centre and is not far from the road network: highway Subotica – Novi Sad - Beograd (3.5 km), M7 road to Zrenjanin (6.7 km) and Belgrade Airport is only 80 km away.

The port on the DTD Canal is about 370 m from the site, while the EU border (Hungary) is 90 km away and the Croatian border is 95 km away. Land

TOURISM

N

ovi Sad has many historical and cultural sites that have been part of its rich inheritance through centuries. Among them are the stunning Petrovaradin Fortress, Cathedral, Bačka eparchy, various monuments and museums.

The city’s first Grammar School was founded in 1810 and the first professional theatre – The Serbian National Theatre – was founded in 1861. The oldest cultural record of the Serbs – the Matica srpska – was moved from Budapest to Novi Sad in 1864.

BUSINESS CENTRE lease depends on the type of use: 80 years for business and 45 years for commercial and industrial usage. The necessary planning and regulatory documentation exists, while the permitted level of occupation is 50%.

Location 2: Between companies NIT and NIVA, SEVER II – Novi Sad; Plots: 2222/4,5,6,8 k.o. Novi Sad I; Total area: 6,623m2 + 6,623m2 + 6,128m2 + 6,067m2; Type of ownership: City of Novi Sad; Intended us: business and industry; Infrastructure: The site is fully equipped with infrastructure.

The site is about 4.3km from the city centre and 140m from the DTD Canal, which provides many advantages. It is 4.4km from the E-70 highway to Zrenjanin. Land lease is possible for a period of 45 years for commercial and industrial purposes. The necessary planning and regulatory documentation exists, while the permitted level of occupation is 40%.

Location 3: Above the Novosadski partizanski odred Road, SEVER II – Novi Sad; Plots: 2249/5;2251/4;2253/11;2254 /1;2256/1;255/11;2258/3;2260/7;2260/8 cadastre Novi Sad I; Total area: 3,679m2 + 3,209m2 + 3,125m2 + 3,135m2 + 3,185m2 + 3,188m2 + 3,179m2 + 3,185m2 + 3,239m2; Type of ownership: City of Novi Sad; Intended us: production object; Infrastructure: The site is fully equipped with infrastructure.

The site is about 4.3km from the city centre and major roads are nearby: highway E-70 (4.7 km) and the M7 to Zrenjanin (2km). The railway line and DTD port re also close to the site (railroad 2km; port 140m). Land lease depends on usage type: 80 years for business and 45 years for commercial and industrial purposes.

The necessary planning and regulatory documentation exists, while the permitted level of occupation is 40%.

Location 4: Klisa Road – Novi Sad; Plots: 2094/1, 2214/8 k.o. Novi Sad I; Total ar-

Industrial zones are intended to be used for business, industry, manufacturing, commercial, production, trading and services ea: 3,299m2 + 3,576 m2; Type of ownership: City of Novi Sad; Intended use: production object; trading and services; Infrastructure: the site is fully equipped with infrastructure.

Only four and a half kilometres from the city centre, this site is also very close to the major road network the DTD port, making the site a very favourable location. Highway E-70 is only 3.5km and the M7 road to Zrenjanin is 6.7km away.

Land lease depends on usage type:: 80 years for business and 45 years for commercial and industrial purposes. The necessary planning and regulatory documentation exists, while the permitted level of occupation is 40%.

INVESTMENTS TO DATE The international companies that have invested and are successfully doing business in Novi Sad and its satellite settlements include: Westdeutsche Algemeine Zeitung, Germany, publishing; SCHOLZ GMBH, Germany, metal industry; ZESIUM MOBILE GMBH, Switzerland, R&D; SANO GMBH, Germany, agriculture; TELSONIC GROUP, Switzerland, machines and equipment; Erste Bank, Austria, banking; MERIDIAN BANK CRÉDIT AGRICOLE GROUP, France, banking. These are just a few of the many other world famous companies and financial institutions that are successfully doing business in the provincial capital.

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NOVI BEČEJ

IDEAL LOCATION With the help of the National Investment Plan (NIP), Novi Bečej is currently installing infrastructure for the Eabvst industrial zone

N MILIVOJ VREBALOV, PRESIDENT OF THE MUNICIPALITY OF NOVI BEČEJ: “The production of construction materials is the most developed industrial branch.”

ovi Bečej occupies an area of 609km2 and, according to Serbian Statistical Office data from 2005, has a population of 25,918. The municipality has 7,764 eligible workers, of which 4,460 are permanently employed and 3,304 are unemployed. The average net salary in the municipality is 25,682.00 dinars.

Novi Bečej lies on the left bank of the River Tisa and is linked to the Danube near Bezdan and Bela Crkva via a network of canals. The Belgrade-Timisoara (Romania) railway passes through the municipality, connecting Belgrade to Romania via Pančevo, Zrenjanin and Kikinda, as well as Subotica to Szeged.

The first class regional road connecting Novi Sad with Kikinda and further on with Romania runs through the municipality, as do second class roads connecting Novi Bečej – Zrenjanin – Belgrade and Novi Bečej – Bašaid – Nova Crnja – Romania.

Novi Bečej is in the heart of Vojvodina and it’s biggest comparative advantage is good quality transport infrastructure (primarily waterways). When it comes to the educational structure of our citizens, 1,564 have finished primary school, 944 have completed three years of high school, 668 have completed high school education, 72 have a junior college diploma and 56 are university graduates.

ing industries.

The municipality has exceptional natural resources that can provide the backbone of future prosperity – arable land suitable for growing oil crops and the production of biomass, forests, meadows and pastures ideal for producing organic food. There are also clay deposits suitable for the production of construction materials, thermal springs (Slano kopovo), the Pearl Island (Biserno ostrvo), natural carbon-dioxide and gas deposits (near the River Tisa, canal network, dam and bridge across the river), as well as an abundant cultural and historical heritage.

INDUSTRIAL ZONE Each industrial zone has a railway track and one of the roads that connects this area to Romania, while the zones that are located in the town of Novi Bečej border a network of canals. With the help of the National Investment Plan (NIP), the municipality is currently installing infrastructure in the Istok (East) industrial zone. The municipality leases land under quite favourable conditions, depending on how big an investment is, the number of people to be employed and the pace an investment will be implemented. Moreover, in line with its financial possibilities, the municipality has been investing in infrastructure (sewage systems, paving roads and streets, building sports and children playgrounds etc.).

The municipality has exceptional natural resources

CONTACT Milivoj Vrebalov, President of the Municipality of Novi Bečej Zarka Zrenjanina 8, 23272 Novi Bečej, Vojvodina, Serbia; Tel: +381-23-771-135; Email: misa.vrebalov@novibecej.rs Url: www. novibecej.rs Languages: Hungary and English

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MUNICIPAL ECONOMY Although Novi Bečej is mainly an agricultural municipality, there are only a few plants processing agricultural produce (with the exception of the meat processing plant). The most developed industrial branch is the production of construction materials, while there are also textile, chemical, metal and food process-

INVESTMENTS TO DATE The biggest investors in the Novi Bečej Municipality are: Italteks-intimo, Abele Martina, Alego, NEXE Group, construction materials producer Brantner, Otpadna privreda, BD Agro (agriculture and cattle breeding), MK Group, Vital, and MCI.

NOVI KNEŽEVAC

IDEAL LAND FOR MEDICINAL PLANTS Novi Kneževac’s industrial land plots are suitable for light industries, such as food processing

T

he Municipality of Novi Kneževac lies in north-eastern Vojvodina, in northern Banat. The bridge over the River Tisa, connecting Novi Kneževac and Kanjiža, along with the bridge between Čoka and Senta, play an important role in linking North Banat to Bačka, both at a local and regional level.

The bridges are important for international traffic passing the Horgoš border crossing.

Currently, a road connecting Crna Bara and Novi Kneževac, which will form part of the future Banat Highway, is being constructed.

This will substantially shorten travel times and facilitate the transport of goods towards Central Serbia.

MUNICIPAL ECONOMY The economic branches that are developed and suitable for investing in our municipality are the food processing industry, agriculture and the production of compost and biogas from agricultural debris. Aside from this, various cereal crops are grown, as well as onions, peas, beans, fruit, etc. The municipality has quite a lot of unused arable land at its disposal, suitable for growing various crops, primarily medicinal herbs. The authorities plan to build a melioration system which could supply close to 3,500 hectares of arable land with water. Possibilities for the development of both urban and rural tourism are further enhanced due to the close proximity of the Hungarian and Romanian borders. There are also thermal springs on the municipality’s territory, which can be used for heating residential areas.

The average monthly salary in the municipality, as recorded in December 2008, was 33,877 dinars net (in the production sector) and 44,793 dinars net (in non-production sectors), which is an increase compared to the same period in 2007.

INDUSTRIAL ZONE Novi Kneževac has a work zone located in Block 74 on construction plots #3120, 3100, 3122 and 514/7, covering an area of 123,879 square metres. The zone is located on the outskirts of Novi Kneževac.

The zone is partially equipped and divided into five lots of differing sizes. Sewage, water supply, access road R-111 and light fixtures have all been added to the industrial zone.

Novi Kneževac’s industrial land plots are suitable for light industries, such as food processing. All that remains to move into the zone is to connect the water and sewage systems to the existing infrastructure, carry out installation of a gas system, install a telecommunications line and connect to the electricity distribution grid.

DRAGAN BABIĆ, PRESIDENT OF THE MUNICIPALITY OF NOVI KNEŽEVAC: “The economic branches that are developed and suitable for investing in our municipality are the food processing industry, agriculture and the production of compost and biogas from agricultural debris.”

There is a plan to build an irrigation system to supply arable land with water

INCENTIVES FOR INVESTORS The Municipality of Novi Kneževac offers potential investors the incentive of a reduced lease of construction plots, which is dependent on the number of employees an investor plans to hire. The municipality is open to any form of co-operation and agreement.

INVESTMENTS TO DATE The companies operating on the territory of Novi Kneževac Municipality are Aleva, Lepenka and TPS Cimos.

CONTACT Dragan Babić, President of the Municipality of Novi Kneževac Kralja Petra I Karađorđevića 1 23330 Novi Kneževac, Vojvodina, Serbia Tel: +381-230-81-031; Fax: +381-23082-076; Mob: +381-64-82-66-800 Email: predsednik@noviknezevac.org.rs Url: www.noviknezevac.rs/ Languages: Hungary and English

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ODŽACI

MANUFACTURING & AGRICULTURE The Danube port beside the national border with Croatia is of great importance

MILAN ĆUK, PRESIDENT OF THE MUNICIPALITY OF ODŽACI: “Odžaci has interesting tourist spots.”

O

džaci is located in western Vojvodina near the River Danube. It covers an area of 411km² and is 130km from the Belgrade Airport and 70km from Novi Sad. The Municipality has a population of 35,582 (5,257 registered unemployed).

The existing infrastructure includes regional roads M-3 and M-18, highway R-104 and local road L-411, which connects all settlements within the municipality. The Danube and artificial watercourses – principally the DTD Canal – intersect its territory. The Danube port beside the national border with Croatia is of great importance.

MUNICIPAL ECONOMY Odžaci’s most important economic branches are manufacturing and agriculture.

The municipality’s industry is comprised of six branches: textiles, chemicals, metals, food processing, construction material and the printing industry.

Besides the Danube, Odžaci has other interesting tourist spots intended for hunting and fishing, such as Štrand Lake in Bogojevo. Odžaci settlement is known for its archaeological site ‘Crvenokosa boginja’ (The Redheaded Goddess), dating back to the early Neolithic period, i.e. 7,000 B.C.

by. Sewage system and gas pipeline connection are planned, while there is already a direct connection to the principal road and land can be leased.

LOCATION 2: Industrial zone – Srpski Miletić; Total area: 36 hectares; Type of ownership: Private property; Intended use: Production premises. This site is connected to regional road M3 and is 9km from the port and the Croatian border. Sewer supply system and gas pipeline connection are planned. Sewage system and gas pipeline connection are planned, while there is already a direct connection to the principal road and land can be leased.

LOCATION 3: Industrial zone – Bogojevo; Total area: 26 hectares; Type of ownership: Private and state property; Intended use: Production premises. This site is connected to regional road M-3 and is 200m from the port. A railway line runs throw the site. Se Sewage system and gas pipeline connection are planned, while there is already a direct connection to the principal road and the port and land can be leased.

LOCATION 4: Industrial zone – Bački Gračac; Total area: 10 hectares; Type of ownership: State property; Intended use: Production premises.

This site is connected to regional road M-3 and is 19km from the port. A sewer system is under construction, while there is already a direct connection to the principal road and the port and land can be leased. None of these sites are fully equipped with infrastructure or public utilities.

Top economic branches: manufacturing and agriculture

CONTACT Milan Ćuk, President of the Municipality Knez Mihajlova 24, 25250 Odžaci, Vojvodina, Serbia Tel: +381-25-742-411 Email: iodbor@neobee.net Url: www.odzaci.info Languages: Serbian and English 54 / The Investors guide Vojvodina 2009/2010

INDUSTRIAL ZONE LOCATION 1: Industrial zone – Odžaci; Total area: 128 hectares; Type of ownership: State and private property; Intended use: Production premises. This site is directly connected to regional road M-3 and the DTD Canal is near-

PERMITS AND DEADLINES The shortest possible time necessary to obtain all required permits and approvals is 60 days.

OPOVO

FOOD PROCESSING LOCATION We plan to build business facilities of between 900 to 1,800 square metres on vacant land plots, depending on the size of the plot

O

povo Municipality, located in South Banat, is 30 kilometres from Belgrade and Pančevo and 40 kilometres from Zrenjanin.

It is home to 11,016 inhabitants and covers an area of 203 square kilometres.

The main Zagreb - Zrenjanin road is only three kilometers away, as is Pan-European Corridor 10. The regional road R-124 Pančevo - Vršac – Zrenjanin runs through the territory of the municipality, while Nikola Tesla International Airport is just 50 kilometres away.

MUNICIPAL ECONOMY Thanks to its natural resources (fertile land, a favourable climate, abundant water, etc.) agriculture is the most developed economic branch, with about 60 percent of the population engaged. The River Tamiš, rich in medicinal mud, and the municipality’s vast ethno-cultural heritage, provide a genuine basis for tourism development. A rich base of raw materials and a convenient geographical position provide the opportunity for the development of the food processing industry. It is important to stress that Opovo boasts organic production of white pumpkin – a synonym for healthy food.

envisaged. Moreover, two land plots have been set aside for constructing a transformer station and a bio-disc facility. The total area that land plots cover is 15 hectares, 13 acres and 58 square metres. There is a plan to build business facilities of between 900 and 1,800 square metres on vacant land plots, depending on the size of the plot. The total area for building business facilities in the industrial zone stretches over 35,490 square metres. The industrial zone is located in the immediate vicinity of the regional road connecting Zrenjanin to Pančevo, while regional road R124, section nNo. 2283 - ČentaJabuka, provides access to the land. Company Utva has production facilities stretching across 1,600 square metres in Opovo, while the company has a total area of 5.5 hectares at its disposal. Utva has its own power source and is on the site of the former machine processing industry. One building that formerly housed a school and textile company Plantex from Plandište in Opovo covers 1,500 square metres, while there is an abandoned school in Baranda (256 square metres), which occupies plot of 1,442 square metres. This facility could be used for business purposes and is available for lease. The municipality’s General Plan for Overall Resources envisages the opening of a contemporary spa in Baranda, an area naturally awash with medicinal mud (peloid).

Furthermore, the municipality has authored a project entitled ‘Design of the Tamiš Riverside for Developing Fishing Tourism’.

MILORAD SOLDATOVIĆ, PRESIDENT OF THE MUNICIPALITY OF OPOVO: “The main Zagreb - Zrenjanin road is only three kilometers away, as is Pan-European Corridor 10.”

The plan is to build an industrial zone on land located 2km from Opovo

INDUSTRIAL ZONE The plan is to build an industrial zone on land located two kilometres from Opovo and one kilometre from Baranda. There is also a plan to form a land complex consisting of 25 new building plots, where business facilities dealing in food processing, raw material and finished product storage and other ancillary activities are

PERMITS AND DEADLINES Investors can get all necessary permits and documents in six to seven months’ time.

CONTACT Zoran Tasić, Head of Economy and Finance Borisa Kidrica 10, 26204 Opovo Vojvodina, Serbia Tel: +381-13-681-030; 681-142 Mob: +381-63-1060-340 Email: zoran.tasic@3dnet.rs Url: www.opovo.org.rs Languages: Serbian and English

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PANČEVO

DOORWAY TO EUROPE Pančevo is the administrative, economic and cultural centre of South Banat

VESNA MARTINOVIĆ, MAYOR OF PANČEVO: “We are open for a constructive dialogue with each potential investor in order to set terms of cooperation.”

ančevo is located at the confluence of the rivers Tamiš and Danube, on the very edge of the Pannonian Plain. It is the administrative, economic and cultural centre of South Banat and one of Serbia’s most important industrial centres.

The City of Pančevo, with its nine satellite villages, covers an area of 755km2 and has a population of 128,447. It is just 15km from Belgrade and 40km from Nikola Tesla Airport. It has good road and rail connections with Belgrade and lies along the main road E-70 to Romania.

Pan-European Corridor 10 passes only 17km from the city and Pančevo is on Pan-European Corridor 7, which makes the city’s links to Central and Southeast Europe very attractive for business. The port of Pančevo is the most upstream port on the Danube able to support anchorage of river/ sea vessels with a gross weight of 5,000 tonnes at any water level. Some 10% of Pančevo’s workforce have a college or university diploma – much higher than the national average.

P

INDUSTRIAL ZONE Pančevo’s planned greenfield zones are defined landscapes with the possibility of constructing commercial, industrial or tourist premises, as well as units for other purposes satisfying the criteria of environmental protection. At present, we are able to offer the following locations: Industrial zone “Mali Rit” (64 hectares; sports and business); Zone beside the Topola settlement and Danube Harbour (81 hectares; production and goods transport); Zone beside the Danube, south of the petrochemical complex (industrial and production zone for IT, textile, metal and trade); Zone at the southern border of the General plan, beside the Danube (90 hectares; agricultural processing, warehousing and sporting activities); Zone Kudeljarski nasip (4.6 hectares; production activities zone including area for small businesses); Strelište Sports Centre; Strelište Market Complex; Hippodrome petrol station; Kotez 1 Fabeg; Kotez 2 Sports Centre; Gornji grad Local Community and a Local Community Centre.

MUNICIPAL ECONOMY The most important economic branches in our city are crude oil processing, production of plastic mass, artificial fertilisers, aluminium and textiles, as well as the fashion industry and agriculture. The city area has around 60,000 hectares of the best quality arable land, while Pančevo has great potential in renewable sources of energy, particularly wind and biomass energy. Investors in clean technologies are offered priority. Pančevo is Serbia’s biggest petrochemical centre and is also known for its metal processing industry, timber production, the development of CAD CAM technology, light textiles and the leather tanning industry.

INCENTIVES FOR INVESTORS In addition to national incentives, investors are offered local level incentives for production investments (a city resolution has been passed to decrease the land fee on the basis of employee numbers).

The city of great investment opportunities

CONTACT Vesna Martinović, Mayor of Pančevo Trg kralja Petra I 2-4, 26000 Pančevo, Vojvodina, Serbia Tel/Fax: + 381 13 346 393; 343 222 Email: gradonacelnik@pancevo.rs Url: www.pancevo.rs Languages: All

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INVESTMENTS TO DATE The top investors so far are AD Vojvodinaput, Messer–Tehnogas, HIP Azotara–Arvi, Austrubau– Konstruktor and Utva Fluid. We are open for a constructive dialogue with potential investors to set terms of co-operation that will meet the needs of the investors and the city of Pančevo.

PEĆINCI

SHARE SUCCESS WITH THE SUCCESSFUL Investors that have already invested here are our best reference

T

he Municipality of Pećinci covers an area of 483.65 square kilometres and has 21,506 inhabitants. It’s favourable geographical position, close proximity to Belgrade, diverse natural resources and the special Obedska bara nature reserve are just some of the natural and economic lures of the municipality of Pećinci.

MUNICIPAL ECONOMY The E-70 motorway (Pan-European Corridor 10) runs through the municipality, prodiving an important line of communication and transport that connects our municipality with the market of several million consumers. Over 30 greenfield investments, worth close to €250 million, have been implemented in the municipality to dater. We have operators in the food and metal processing industries, the chemicals industry, construction, logistics and distribution centres, and even the film industry.

INDUSTRIAL ZONE The municipality’s spatial plan defines work zones over a total area of 1,800 hectares.

Our exclusive work zone, located alongside E-70 motorway (near the village of Šimanovci), occupies an area of around 900 hectares and is only 24 kilometres from Belgrade and 15 kilometres from Nikola Tesla International Airport. The zone is partially equipped with infrastructure, it has access roads and we are currently constructing gas distribution and sewage systems.

The plan is also to continue asphalting the internal roads. We have written a detailed regulation plan covering the whole zone. There are also working zones in the central part of the municipality, where land lease fees are more

favourable than in the case of locations alongside the E-70 motorway.

INCENTIVES FOR INVESTORS Our regulation and utilisation fees for construction land are stimulating and several times lower than those of neighbouring municipalities. This also applies to utility fees.

From the moment an investor decides to invest in the municipality, he is given full support starting with finding an adequate location, touring the location, providing information on relevant fees and taxes that the local authorities charge, meeting the municipal authorities and meeting the head of the municipal Spatial Planning Department. The local administration has drawn up all necessary construction prerequisites by adopting the planning and technical documentation, as well as investing in infrastructure and remembering that we are obliged to help you to invest. Investors that have already invested here are our best reference. We invite you to invest in the municipality of Pećinci and share your success with the successful.

Regulation & utilisation fees for construction land are stimulating and competitive

PERMITS AND DEADLINES The legal deadline for issuing a building permit is 15 days from the day the documentation is submitted. In practice, the Spatial Planning Department issues the permit one to three days before the legal deadline expires. The permit is valid for two years and provides the basis for writing the main project. The investor spends most time acquiring various approvals from public enterprises and state institutions, which are out of the municipality’s jurisdiction. Practice has shown that it takes three to five months to receive all of these approvals.

SINIŠAVUKOV, PRESIDENT OF THE MUNICIPALITY OF PEĆINCI: “we are obliged to help you to invest.”

CONTACT Radivoj Milošević, Director of the Pećinci Development Agency Slobodana Bajića 5 22410 Pećinci, Vojvodina, Serbia Tel: +381-22-86-950; +381-22-86-950 Mob: +381-64 898 3623 Email: radivoj.milosevic@pecinci.org Url: www.pecinci.org Languages: Serbian, English, German and Italian

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PLANDIŠTE

GREAT TOURIST POTENTIAL

Rich hunting grounds and recently discovered thermal springs add to our great tourist potential

ZORAN VORKAPIĆ, PRESIDENT OF THE MUNICIPALITY OF PLANDIŠTE: “The food processing industry is well developed.”

P

landište is in southeast Vojvodina.

It covers an area of 383km² and is 120km from Novi Sad and 125km from Belgrade airport. It has a population of 13,377 (1,911 registered unemployed). It lies along the border with Romania and is only 80km from Belgrade; it is intersected by the Zrenjanin-Vršac motorway, the regional road connecting Plandište to Belgrade and the strategic Zrenjanin-Bela Crkva railway. .

MUNICIPAL ECONOMY Agriculture is the main branch of Plandište’s economy. The food processing industry is well developed, with a flourmill and the dairy industry representing the most important production lines, while plastic packing production and the textile industry are also well developed.

Seven beautiful castles represent our important architectural and historical heritage of the 19th and 20th centuries, while rich hunting grounds and recently discovered thermal springs add to our great tourist potential.

tions, as well as a gas pipeline and a fibre optic cable, are a hundred metres from the site. The necessary planning is currently being developed for a sewage system. The permitted level of occupation is 70%; construction index: 1.5.

LOCATION 2: Industrial zone for small scale industries, (plot cadastral reg. no.

1395/1 and 1396) – Plandište; Area: 3.3 hectares; Type of ownership: State property; Intended use: Construction of petrol station/business premises. This site also stretches along regional road M-7/1. Power and water supply connections, as well as a gas pipeline and a fibre optic cable, are a hundred metres from the site and there is also no sewage system.

However, the necessary planning and regulatory documentation exists.

LOCATION 3: Industrial zone for small scale industries, (plot cadastral reg. no. 2430/1) – Plandište; Area: 11 hectares; Type of ownership: State property; Intended use: Construction of industrial premises. This site is 500m from regional road M-7/1 and 100m from the regional road Plandište-Alibunar to Belgrade. An access road already exists, while power and water supply connection, as well as a gas pipeline and a fibre optic cable, are 100m from the site.

A sewage system doesn’t exist. The construction index is 1.5 and the permitted level of occupation is 70%.

Plastic packing production and the textile industry are well developed

CONTACT Zoran Vorkapić, President of the Municipality Vojvode Putnika 38, 26360 Plandište Vojvodina, Serbia Tel: +381-13-861-033 Fax: +381-13-861-134 Email: soplandiste@hemo.ne Url: www.plandiste.com Languages: Serbian and English 58 / The Investors guide Vojvodina 2009/2010

INDUSTRIAL ZONE LOCATION 1: Industrial zone for small scale industries location - Plandište; Area: 11 hectares; Type of ownership: State property; Intended use: Construction of petrol station and business premises.

This site borders regional road M-7/1 and is 1km from the regional road Plandište-Alibunar to Belgrade. Power and water supply connec-

PERMITS AND DEADLINES The shortest possible period required to obtain all required permits and approvals for construction on the site is two days..

RUMA

SOLID INFRASTRUCTURE The municipality has around 2,000 hectares of available land at its disposal, which can be used as industrial zones

R

uma is located in central Srem and occupies an area of 582 square kilometres. The municipality has 60,006 inhabitants and ecompasses 16 towns and villages.

MUNICIPAL ECONOMY Apart from a well developed agriculture sector, the economic branches that are also active in the municipality include leather tanning, rubber and footware making, production of construction materials, metal processing, graphics, the food industry, transport, retail trade, crafts and catering.Several factors contribute to the fact that Ruma is a prominent location on the investment map of Serbia.

Firstly, there is Ruma’s close proximity to metropolitan areas like the cities of Belgrade (50 kilometres) and Novi Sad (35 kilometres). The Nikola Tesla Airport is only 35 kilometres away, while the E-70 motorway and the Corridor 10 railway line both run through Ruma’s outskirts.

Moreover, a section of the main M-21 road (Novi Sad – Šabac) runs through the municipality.

The East industrial zone is located in the eastern part of the town and has excellent access to the M-21 main road, as well as regional roads R-106 and R-103. This work zone stretches across 40 hectares of land. The zone has a water supply network, a sewage system and internal transport infrastructure. This zone is suitable for the development of tertiary activities like small production, retail and transport activities. The South industrial zone covers an area of around 40 hectares in a construction section. The zone has access to R-103 and R-106 regional roads and is in close proximity to the M21 main road (connecting Novi Sad and Šabac). The South-West industrial zone occupies an area of 37 hectares in a construction section.

It has access to both the R-103 and R-106 regional roads and is suitable for production and processing activities, service providers and storage. The zone is equipped infrastructurally. The West industrial zone covers an area of 20 hectares in a construction section. This zone also has access to R-103 and R-106 regional roads and is suitable for secondary economic activities, such as production, processing and storage of goods and raw materials. The outer area Work zone is located beyond the construction section, which borders its northern part, and is connected in the east to the M-21 road, in the south with the E-70 motorway and in the west to the town of Ruma. This work zone occupies an area of 450 hectares and is suitable for production and other business activities requiring larger areas or demanding more environmentally friendly infrastructure and transport facilitites..

GORAN VUKOVIĆ, PRESIDENT OF THE MUNICIPALITY OF RUMA: “Our Spatial Plan defines five work zones.”

Our East industrial zone stretches across 40 hectares of land

INDUSTRIAL ZONE Ruma’s infrastructural network boasts high capacity electricity stations, a good quality water supply system, gas sub-stations, gas and sewage systems and digital telecommunication lines. The municipality has around 2,000 hectares of available land at its disposal, which can be used as commercial zones. The Spatial Plan defines five work zones:

CONTACT Goran Vuković, municipal president Glavna 155, 22400 Ruma, Vojvodina, Serbia; Tel: +381-22-478-314 Fax: +381-0-22-479-588 Email: rumaopstina2@nadlanu.com Url: www.ruma.rs Languages: Serbian and English

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SEČANj

TOP DEVELOPMENT POTENTIAL Sečanj’s industrial zone location has been set aside for construction of industrial premises or to house SMEs and warehouses

PREDRAG MILOŠEVIĆ, PRESIDENT OF THE MUNICIPALITY OF SEČANJ: “agriculture is certainly the main branch of the economy...”

S

ečanj is located in eastern Banat.

It covers an area of 523km² and is comprised of the following settlements: Banatska Dubica, Banatski Despotovac, Boka, Busenj, Jarkovac, Jaša Tomić, Konak, Krajišnik, Neuzina, Sutjeska, Šurjan, with Sečanj as its administrative centre. Sečanj is 70km from Novi Sad and 110km from Belgrade airport. Sečanj’s 11 settlements have a combined population of 16,377. The municipality’s multinational structure comprises a majority of Serbs, followed

by Hungarian and Romanian minorities.

Currently, 2,646 of the municipality’s working population of 10,476 are unemployed. The Zrenjanin-SečanjVršac motorway and five regional roads intersect Sečanj, which borders Romania. Our two railway routes: are Zrenjanin-SečanjVršac and Sečanj-Jaša Tomić.

INDUSTRIAL ZONE LOCATION 1: West district – Sečanj; Total area: 36.02 hectares; Type of ownership: State owned; Facilities on the site: 2 hectares, 27aacre 72m2; Intended use: Construction of industrial premises, SME’s, warehouses. The regional road Zrenjanin-Vršac passes by this site, while the Zrenjanin-Vršac railroad runs along the north side of the site. Apart from two factories already working in the zone, one plot is leased and will house a new factory for cattle food. The access road is Zrenjanin – Vršac and a bypass is planned in the future. Power connection (transformer) is provided in the zone. Plans are in place to install water supply connection and an optical fibre cable. A gas pipeline is provided, though it is necessary to build a more powerful station. Installation of a sewage system is currently underway. The necessary planning and regulatory documentation already exists. The permitted occupation level is 70% and the construction index 2.

Sečanj has great potential to develop hunting & fishing

CONTACT Predrag Milošević, Municipal President Vožda Karađorđa 57, 23240 Sečanj, Vojvodina, Serbia Tel: +381-23-841-111; 841 410 Fax: +381-23-842-031 Email: sosecanj@ptt.rs Url: www.secanj.rs Languages: English 60 / The Investors guide Vojvodina 2009/2010

MUNICIPAL ECONOMY Sečanj municipality is a medium-developed municipality in the context of Vojvodina. The area with the greatest development potential within the municipality is around the town of Sečanj. Sečanj’s waters are rich in fish, providing great potential for fishing tourism. However, agriculture is certainly the main branch of the economy, employing the largest part of the local population. Oil and natural gas exploration began in the mid-19th century and nowadays, due to large areas under forest and rich watercourses, the Municipality of Sečanj has great potential for the development of hunting and fishing tourism.

INCENTIVES FOR INVESTORS Land can be leased for a 99-year period.

PERMITS AND DEADLINES The legal period necessary for obtaining all required permits and approvals is 60 days.

INVESTMENTS TO DATE The foreign companies operating in the municipality are CIMOS, Slovenian metal industry, and Poteza Adriatic Fund B.V. Amsterdam, Holland (farming).

SENTA

FAVOURABLE INVESTMENT CLIMATE The municipality offers many exemptions and stimulating investment incentives

T

he Municipality of Senta is situated in northeast Bačka in northern Vojvodina and North Banat County.

It has 25,568 inhabitants and occupies an area of 293.4 km2.

MUNICIPAL ECONOMY Senta is located on an important intersection of roads. The M-24 main road and regional roads R-119, R-119.1 and R-122 pass through the municipality, while our proximity to the border with Hungary is one of the municipality’s strategic advantages.

There is also the River Tisa, which has an international jetty suitable for reloading cargo and also a terminal for containers, construction materials, liquid fuel, etc.

The processing industry is the most important economic branch, making up 50% of the municipality’s revenue.

INCENTIVES FOR INVESTORS Following the municipal authorities’ decision of 29th December 2008, potential investors are offered many stimulating investment incentives, such as exemption from paying local utility fees for a period of three years on condition that an investor provides permanent employment for at least five people. There are also many other incentives available.

The municipality has a long tradition and clear vision of the future. It has been making progress in achieving sustainable economic development yearon-year. The municipal authorities are trying to create as favourable a climate as possible for investors who plan to start doing their business in Senta and, thus, contribute to the municipality’s economic development.

All required business permits are issued within a month

INDUSTRIAL ZONE The Senta municipality has two industrial zones, one in the West and one in the South. The West industrial zone stretches across 38 hectares, while the South industrial zone occupies an area of 125 hectares.

Both sites are equipped with the necessary infrastructure. In order to expand the South zone, the municipality bought a former hemp factory which is suitable for a brownfield investment, while there are other unoccupied land plots that are ideal for greenfield investments. The total surface of the factory and accompanying land is 20.29 hectares.

PERMITS AND DEADLINES The municipality’s internal organisation is extremely efficient and professional, ensuring that all required permits are issued within a month. Moreover, the municipal authorities can assist investors in establishing contacts with other relevant authorities.

INVESTMENTS TO DATE The following companies have made significant investments in Senta in the last few years: JTI (Japan Tobacco International), Alltech Fermin – yeast producer, TE-TO – sugar refinery and many others.

ZOLTAN PEK, PRESIDENT OF THE MUNICIPALITY OF SENTA: “We have two industrial zones.”

CONTACT Zoltan Pek, Sent Municipal President 1 Glavni trg, 24400 Senta, Vojvodina, Serbia Tel: +381-24-812-636, Mob: +381-64-25-97-701 Email: predsednik@zenta-senta.co.rs Ilona Lenđel, head of the economic department Tel. +381-24-827-428, Mob: +381-63-1980-387 Email: lilona@zenta-senta.co.rs Url: www. zenta-senta.co.rs Languages: English, Hungarian and German Vojvodina 2009/2010 The Investors guide / 61

SOMBOR

FAVOURABLE POSITION

Almost all Sombor’s territory can be utilised for agricultural production

DUŠAN JOVIĆ, MAYOR OF SOMBOR: “The food processing industry is well developed in the area.”

T

he City of Sombor covers an area of 1,178km², stretching across the Danube River Basin to the west and undulating hills to the east.

Belgrade airport is 175km from Sombor and Novi Sad is 94km away. The city has a population of 97,263 (10,794 registered unemployed). Sombor is along Pan-European Corridor 7 (Danube) and has a very favourable position. The City is well connected regionally and is 220km from Budapest.

MUNICIPAL ECONOMY Almost all of the territory Sombor occupies can be utilised for agricultural production. Furthermore, a favourable raw materials’ base ensures that the food processing industry is well developed. Additionally, car parts manufacturing, footwear and the textile industry, leather goods’ production, timber/wood processing and shipbuilding are equally important.

Sombor’s cultural heritage provides the base for its tourist offer, while Bezdanska Spa is also very important.

ities. Land can be leased for of up to 50 years and the required planning and regulatory documentation already exists as part of the General Development Plan of Sombor, as well as a detailed regulatory plan.

LOCATION 2: Outskirts of the settlement – Bački Monoštor; Total area: 6 hectares, 20 acres; Type of ownership: Private property; Intended use: Construction of industrial plants and business premises.

This site contains one constructed object of 1,000m², has a power and water supply system, as well as a telecommunications connection. Installation of a gas pipeline and sewage system is planned for 2009.

It is possible to purchase the land. The required planning and regulatory documentation already exists.

LOCATION 3: Outskirts of the settlement – Bački Monoštor; Total area: 11 hectares, 40 acres; Type of ownership: Private property; Intended use: Construction of industrial plants and business premises.

This site contains two constructed objects (5,000m² and 1,000m²) and has a power and water supply system, as well as telecommunications connection. Installation of a gas pipeline and sewage system is planned for 2009.

It is possible to purchase the land and required planning and regulatory documentation already exists.

Sombor is 175km from Belgrade and 220km from Budapest

CONTACT Dušan Jović, Mayor Trg Cara Uroša 1, 25000 Sombor Vojvodina, Serbia Tel: +381-25-468-133 Email: gradonacelniksombor@gmail.com Url: www.so-sombor.com Languages: Hungarian and English

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INDUSTRIAL ZONE LOCATION 1 - Site: Industrial Zone, (South III) – Sombor; Area: 240 hectares, 50 acres; Type of ownership: State and private; Intended use: Construction of industrial plants. This site runs alongside the M-18 regional road. An industrial rail line is available on the site (reconstruction required) and a freight rail station is 5km away. There are 15 completed structures on the site and a customs office. The site is fully equipped with infrastructure util-

PERMITS AND DEADLINES The shortest period required to obtain all required permits and approvals for construction on the South III Industrial Zone is 30 days, while approvals for the other two sites take 90 days.

SRBOBRAN

SUITABLE FOR INDUSTRY

The municipality has two industrial zones, one of which is entirely equipped in terms of infrastructure

S

rbobran is situated in northern Vojvodina, 33km from Novi Sad and almost 100km from Belgrade.

The E-75 motorway, M3 and M22 main roads all pass through the municipality, as do regional roads R129 and R-120. The DTD Canal also runs through Srbobran, while borders with Hungary, Romania and Croatia are 70 kilometres away.

MUNICIPAL ECONOMY The most important economic branches are agriculture and food processing. Srbobran is rich in high quality arable land, has a multitude of waterways and a good climate. The municipality has thermal springs with favourable temperature, ground water is usually used to irrigate crops, while the Great Bačka Canal is used for water transport. The other economic branches in the municipality are wood processing, furniture production, rubber accessories production and construction business. There are oil deposits and larger gas deposits, which are currently being exploited, while clay is widely used in the municipality. The municipality’s geographical position, raw material base (used by the food processing industry), network of roads and proximity to metropolitan areas are all good prerequisites for building industrial facilities. It is particularly noteworthy that land plots can be leased for free.

in the west of the municipality, alongside the motorway and M3 main road. It stretches over 60 hectares and the municipality has written a detailed regulatory plan for it. The utility infrastructure in this zone is currently under construction. The second industrial zone is in the south of the municipality, on the outskirts of the Srbobran construction zone alongside the M22 main road and R-129 regional road. It occupies close to 90 hectares, with 30 hectares state-owned and, thus, at the disposal of the municipality. This zone has adequate infrastructure and local authorities plan to extend the road network, build a hydro network and new transformer stations.

The municipality can offer investors state-owned land plots

INDUSTRIAL ZONE Srbobran has two industrial zones. The first is

BRANKO GAJIN, PRESIDENT OF THE MUNICIPALITY OF SRBOBRAN: “It is particularly noteworthy that land plots can be leased free of charge.”

INCENTIVES FOR INVESTORS The municipality offers investors state-owned land in the south industrial zone that can be leased free of charge for an 80-year period if the investor employs 17 workers residing in the municipality per hectare of land.

DEADLINES AND PERMITS All required permits are issued within the legally defined deadlines, providing that the documentation submitted is complete. The Act on Urban Planning Conditions, or the urban planning excerpt, is issued within 30 days, while a building permit is issued within 15 days.

INVESTMENTS TO DATE Investors in the Municipality of Srbobran are Austrotherm d.o.o. (Srbobran, Vrbaški put bb) and Phiwa from Subotica.

CONTACT Dragan Šarčev, head of municipal administration, Municipality of Srbobran 2, Trg slobode, 21480 Srbobran Vojvodina, Serbia Tel: +381-21-731-079; Fax: +381-21-731-077 Mob: +381-63-10-44-089 Email: srbobran@eunet.yu Url: www.srbobran.rs Languages: Serbian and English

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SREMSKA MITROVICA

GREAT POSITION Sremska Mitrovica’s most significant economic branches are food processing, metal and wood processing, shipbuilding and agriculture

S BRANISLAV NEDIMOVIĆ, SREMSKA MITROVICA MAYOR: “Both industrial zones have adequate infrastructure.”

remska Mitrovica is the administrative centre of the Vojvodina region of Srem. The municipality covers 76,153 hectares, has 88,745 inhabitants and is a conurbation of three towns (Sremska Mitrovica, Laćarak and Mačvanska Mitrovica) and 23 villages. In accordance with the Law on Territorial Organisation, the Serbian Government opted to grant Sremska Mitrovica city status.

Sremska Mitrovica is only 60km from Belgrade, 55km from Novi Sad, 30km from Republika Srpska and 35km from Bosnia & Herzegovina.

An international motorway along PanEuropean Corridor 10 runs alongside Sremska Mitrovica.

The Belgrade – Thessaloniki railway passes through the city, which also boasts a harbour on the left bank of the Sava.

MUNICIPAL ECONOMY Sremska Mitrovica’s most significant economic branches are food processing, metal and wood processing, shipbuilding and agriculture. The average monthly salary is 24,272 RSD. The education structure of the unemployed in Sremska Mitrovica shows that 29.32% have completed three years of high school, 27.17% have graduated high school, 1.08% have a junior college diploma, while 3.13% are university graduates. Sremska Mitrovica has excellent natural, cultural, historic and tourist potentials, which all represent excellent development possibilities. The town is also home to the ancient Roman imperial palace of Sirmium, special nature reserve ‘Zasavica’, monasteries on the Fruška Gora, the River Sava, etc. Sremska Mitrovica is also a multi-cultural city, just like most contemporary cities.

INDUSTRIAL ZONE Sremska Mitrovica has fully equipped industrial zones. One zone is located along the international motorway (Sever) and the other is positioned at the entrance to the city from the direction of Šabac (Jezero). Both industrial zones have adequate infrastructure (electricity, water supply, sewage, gas, telephone and internet connections). The Sever industrial zone stretches across 280,000 square metres, while Jezero covers 240,000 square metres.

INCENTIVES FOR INVESTORS The initial price of land is €2.67m2. There is a possibility to amend the business purpose of the land and the municipality has adopted all relevant planning acts, enabling construction to commence immediately after purchasing land. An investor is not obliged to pay a construction land fee to cover utility expenses, providing he hires over 100 people in his production facilities or purchases over 2,000m2 of land. If an investor buys a facility bigger than 2,000m2 and hires over 30 workers, he is granted a repayment period of 10 years, with a three-year grace period. The municipality has put together a taskforce to assist investors obtain the required documentation in the shortest possible period. The municipal authorities take great care of investors in Sremska Mitrovica, since they are an excellent recommendation for any future investments.

Sremska Mitrovica has appointed a taskforce to assist investors

CONTACT Branislav Nedimović, Mayor 13, Svetog Dimitrija Street, 22000 Sremska Mitrovica, Vojvodina, Serbia Tel: +381-022-610-572 Email: gradonacelniksm@gmail.com Url: www. sremskamitrovica.org.rs Languages: Serbian, English, German

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INVESTMENTS TO DATE The following companies have invested in Sremska Mitrovica: Moeller, Boxmark, Metafler Slaviamed, Mitsides point, OMV, Mercator-Rodić, Tuš, Delta and Interex..

SREMSKI KARLOVCI

TARGETING TOURISM Four defined sites constitute the organisational layout of Sremski Karlovci’s industrial zone concept, enabling the phased implementation of various contents

T

he Municipality of Sremski Karlovci is located in the extreme northeast of Srem on the slopes of Fruška Gora, beside the Danube River. It spreads over an area of 5,054 hectares and is home to 8,839 inhabitants. It is some ten kilometres away from Novi Sad, and 57 km from Belgrade. The town is situated along the international road M-22, Belgrade–Subotica, as well as next to the international railway line Istanbul–Warsaw.

MUNICIPAL ECONOMY The municipality is ideally located and has numerous opportunities to attract tourists, businesses and potential investors. The municipality has set aside an area next to the Danube for the development of a sports-recreation centre. This very attractive space covers a total area of around 20.40 hectares. Of this total, 13.84 hectares is to be designated as riverbank area, while around sixand-a-half hectares will be water surface area, i.e. the Danube. These components, as well as the construction of a marina nearby, will enable the development of motorboat tourism.

sports tourism, such as nautical tourism, catering, sports associations, fishing, accommodation and a sales area. Here two existing facilities shall be preserved: the Sports Fishermen’s Association ‘Dunav’ (Danube) and a business facility with a fishing tackle shop. The second site, an area of around three hectares, is planned to be set aside for sports and recreation activities, primarily for the construction of a sports centre, including a football field, handball and tennis courts, as well as other accompanying elements. The third space, an area of around six hectares, includes planned units like a campground, a beach area for caravan camping, trailers and tents, tourism facilities, catering and supplies, as well as business facilities. One and a half hectares are intended for beach space, for which special regulations are planned.

The largest part of the third area consists of a forest vegetation belt, which contains a campground with space for tents and a plateau for caravans. The fourth space, covering around five hectares, has been set aside for settlement to house weekend fishermen. The construction of bungalows grouped into three rows is planned for the settlement. The fishermen weekend settlement is located in the forest vegetation belt.

Preliminary urban solutions propose around 30 fishermen houses, each on a base area of up to 30 square metres.

MILENKO FILIPOVIĆ, PRESIDENT OF THE MUNICIPALITY OF SREMSKI KARLOVCI: “The municipality has set aside an area next to the Danube for the development of a sports-recreation centre.”

The municipality is ideally located and has numerous opportunities to attract tourists, businesses and potential investors

INDUSTRIAL ZONE Four defined sites characterise the spatial organisation of this concept, enabling phased implementation of planned contents. The first site, an area of around 3.23 hectares, is intended for

CONTACT Dejana Đoković, Municipal Manageress Trg Branka Radičevića 1, 21205 Sremski Karlovci, Vojvodina, Serbia Tel: +381-21-685-30-00 Mob: +381-64-40-40-462 Email: sremkarl@eunet.rs Url: www.sremski-karlovci.org.rs Languages: Serbian, English and Russian Vojvodina 2009/2010 The Investors guide / 65

STARA PAZOVA

SPECIAL INCENTIVES IN THE PIPELINE Aside from possibilities of investing in industrial capacities, we should mention the possibilities of agriculture, tourism and residential construction GORAN JOVIĆ, PRESIDENT OF THE MUNICIPALITY OF STARA PAZOVA: „The National Home of Football is going to be constructed in Stara Pazova, marking an investment worth ten million Euros.”

S

tara Pazova is situated in Southeast Srem and has an outstanding geographical position, lying as it does just 30km from Belgrade and 40km from Novi Sad. All important roads run through the municipality: the Belgrade to Zagreb motorway (E-70), which is part of Corridor 10, the Belgrade – Novi Sad motorway (E-75), the M22/1 main road and R-106 and R-121 regional roads. The international railway connects Stara Pazova to Subotica and further to Munich in the north, and to Niš and Greece in the south. Nikola Tesla International Airport is just 25km from the centre of Stara Pazova, while the Batajnica military airport is only eight kilometres away. The Danube runs through the eastern section of the municipality, which ensures Stara Pazova is fully integrated into the transport network. The Municipality occupies an area of 351km2 and comprises a total of three towns and six villages. According to the last census (April 2002), 70,000 people live in the municipality.

INDUSTRIAL ZONE Work zones have been defined according to Stara Pazova’s Spatial Plan until 2025. In the town of Stara Pazova there are the North work zone (85 hectares, partially equipped), the West work zone (58 hectares, equipped); East work zone (108 hectares, partially equipped), the South West work zone (376 hectares, partially equipped) and the Volarsko polje entrepreneurial zone (123 hectares, partially equipped). This marks a total surface area of 750 hectares.

The town of Nova Pazova has a work zone in Block 25 (58 hectares, equipped), work zone Block 18 (6.7 hectares, equipped), the Berbernica entrepreneurial zone (12 hectares, equipped) and a multifunctional work zone (50 hectares, unequipped). This covers a total of 126.7 hectares.

The village of Krnješevci boasts the South work zone (637 hectares, mostly unequipped), while the Central work zone is a special non-urban work zone that’s exterritorial to the towns and villages (350 hectares, unequipped).

Investment possibilities pertain to agriculture and construction

CONTACT Goran Jović, municipal president 11, Svetosavska, 22300 Stara Pazova Vojvodina, Serbia Tel: +381-22-310-051, 310-170 Email: goran.jovic@starapazova.eu Url: www.starapazova.eu Languages: English and Slovakian

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MUNICIPAL ECONOMY Aside from possibilities for investing in industrial capacities, we should mention the possibility of investing in agriculture, tourism and residential construction, particularly considering the close proximity of regional centres (Belgrade and Novi Sad), as well as the fact that 24km of the Danube run through the municipality.

So far, several large investments have been made in agricultural and residential capacities, and we believe this tendency will continue.

INCENTIVES FOR INVESTORS The municipality is currently working on devising an incentives plan for investors who opt to invest in the municipality of Stara Pazova.

INVESTMENTS TO DATE The top investors in the municipality are Milšped, Gorenje, Dewaco–MAN, Delta holding, Alumil, Nestle, Husqvarna, Volvo and Mercedes.

In July 2009, the National Home of Football will be constructed in Stara Pazova, marking an investment worth ten million Euros.

SUBOTICA

DECISIVE LEADER IN ECONOMIC GROWTH The dominant economic branches are agriculture, food production and processing, electro-industry, metal and chemical processing and the service sector

T

he town and municipality of Subotica is Serbia’s most northerly borough, situated 10 km from the international border with Hungary. Thanks to its geographical position and hard working citizens, Subotica has become the commercial, administrative and cultural centre of North Bačka.

MUNICIPAL ECONOMY The dominant economic branches are agriculture, food production and processing, electro-industry, metal and chemical processing and the service sector.

Subotica is well-known for its strong brands in the bakery, confectionary and dairy industry, as well as production of wine, alcohol and non-alcohol beverages, organic food production, graphic design, the clothing industry, plastic production/processing and civil engineering.

plan foresees the construction of four hotels, a congress centre, a golf course with villas and bungalows, an aqua park, thermal pools, tennis and other sport courts, as well as a number of restaurants, coffee bars and other offers.

INDUSTRIAL ZONE The region of Subotica has a long business tradition. The most prevalent economic branches are agriculture, food processing and production, the electrical, metal processing and chemical industries. The electrical and metallurgy industries have a long tradition in Subotica and the local authorities have made a number of strategic documents to satisfy the needs of development. There are a number of projects in the area of public utility infrastructure, which are open to different forms of partnership and investments.

SAŠA VUČINIĆ, MAYOR OF SUBOTICA: “Efficient and professional administration.”

The region of Subotica has a long business tradition

TOURISM Tourism represents an enormous potential, as confirmed by the tourism development strategy of the Republic of Serbia, which puts Subotica and Palić in the first four priority areas. The Master plan envisages the development of modern hotel facilities and other tourist infrastructure, as well as a number of other contents and services on the level of the most modern tourist standards, enabling investors to operate in a profitable business environment during the whole year. The goal of this development project is to make Palić internationally recognisable as a spa and wellness destination. The

INCENTIVES FOR INVESTORS Subotica guarantees potential investors an efficient and professional administration and adherence to the limits prescribed by law for obtaining necessary permits and documentation. Among the reasons for investors to opt for Subotica are: a tax-free zone; educated and hard-working people; 200 hectares of building land for greenfield investments and an industrial park (being prepared); The Palić Master Plan (tourism development plan over 340 hectares); special discounts for investors; good strategic location for business development; professional and effective administration; educational and scientific institutions.

CONTACT Saša Vučinić, Mayor of Subotica Trg slobode 1, 24000 Subotica, Vojvodina, Serbia, Tel: +381-24-666-677 Email: mayor@subotica.rs Url: www.subotica.rs Department of Local Economic Development Tel: +381-24-626-974 Email: ler@subotica.rs Url: www.suboticainvest.com Languages: Serbian, Hungarian and English

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ŠID

BORDER MUNICIPALITY Šid’s exceptional geostrategic position has been severely underexploited in the previous period

NATAŠA CVJETKOVIĆ, PRESIDENT OF THE MUNICIPALITY OF ŠID: “The railway station in Šid has the status of a border station and is equipped with adequately equipped service departments.”

T

he Municipality of Šid borders Croatia and Bosnia’s Republika Srpska. The municipality occupies an area of 687km2, is comprised of 18 rural local communities and the town of Šid and, according to the 2002 census, has a population of 38,973.

BORDER ZONE The municipality has a total of eight border crossings and our priority in the coming period is to complete the utility infrastructure and modernisation of the border railway stations in Šid (building a station terminal, extending the railway tracks, etc.).

The equipping of all border crossings in the municipality (particularly international border crossings) will be carried out following the opening of each border crossing.

from Sarajevo and 300 km from Zagreb.

The municipality is also intersected by the main railway line linking Belgrade, Šid and the state border – going on to link Serbia to Republika Srpska and Croatia – as well as the single-track railway linking Šid to Bijeljina (Republika Srpska). The railway station in Šid has the status of a border station and is equipped with adequately equipped service departments.

The River Sava is also used for transport and the development of more active river transport is closely related to better utilisation of the Sava, as are plans to construct piers at appropriate locations.

The local electricity grid fully satisfies the needs of both businesses and the inhabitants throughout the municipality’s territory.

Šid’s economy covers sectors from agribusiness to chemicals

CONTACT Dejan Kojić, assistant head of development Karađorđeva 4, 22240 Šid, Vojvodina, Serbia; Tel: +381-22-712-544 Mob: +381-62-755-810 Email: ppzr@opstinasid.org Url: www.opstinasid.org Languages: Serbian, German, English

68 / The Investors guide Vojvodina 2009/2010

TRANSPORT Šid’s exceptional geostrategic position has been severely underexploited in the previous period. However, in light of new geopolitical circumstances, the Municipality of Šid now has an excellent development opportunity in terms of three main types of transport (road, rail and water).

The Belgrade-Zagreb E-70 highway passes through the municipality’s territory, as do two main roads (M-18 and M-18/1) and three regional roads (R-106, R-103 and R-128). The municipality is 70 km from Novi Sad, 115 km from Belgrade, 70 km from Osijek, 200 km

MUNICIPAL ECONOMY Active industrial branches in the municipality of Šid include agriculture, forestry, water management, fishery, as well as the processing, food and chemicals industries. On the basis of available data from 2002, Šid’s gross product (GP) amounted to 71,132 dinars per capita monthly. If we observe GP tendencies of the recent past, we can see that in 2004 the municipality’s GP was 101,589 dinars per capita monthly, displaying a marked increase on 2002.

INVESTMENTS TO DATE The biggest investors in the municipality are: Victoria oil, TIM Izolirka, L.A.A.B Group, Inter MOL do.o. and Oktan promet.

TEMERIN

SEEKING MICRO INDUSTRIES

Our thermo-mineral waters were first discovered in 1914 and this natural treasure should be considered as a base for the development of tourism

T

emerin covers an area of approximately 170m². It is 95km from Belgrade airport and has a total population of 28,275 (2,270 unemployed). The most important route is the international road E-75, followed by the E-5 international highway. The M-22 regional road runs to the east, passing through the village of Sirig. The Novi Sad-Žabalj-BečejSenta railway also runs through Temerin.

MUNICIPAL ECONOMY The main industry in the municipality is the metal industry, though Temerin is also a wellknown agricultural area.

Traditionally, Temerin municipality has a welldeveloped private sector.

The landscape is mainly and thermo-mineral waters were first discovered in 1914. This natural treasure should be considered as a base for the future development of local tourism.

tem, while access to water and gas supply systems and access to a fibre optic cable exist.

Sewage reticulation is planned in this municipality.

LOCATION 3: Lot nearby the road – Temerin; Total area: 200 hectares; Ownership: Private and state property; Intended use: Small scale industry.

This site is alongside the regional road R-104 and is partially equipped with infrastructure / public utilities. A power supply system is planned, while water and gas supply systems stretch along the boundary of the site, connection to sewerage reticulation for the municipality is planned, access to fibre optic cable exists.

LOCATION 4: Lot nearby the road R-120 – Temerin; Total area: 350 hectares; Private and state property; Intended use: Small scale industry. This site is located along the planned bypass for regional road R-120 (Temerin-Bački Jarak). The site is partially equipped with infrastructure and public utilities. The local water supply system and gas pipeline connection points are near the site.

ANDRAŠ GUSTONJ, PRESIDENT OF THE MUNICIPALITY OF TEMERIN: “The main industry in the municipality is the metal industry.”

Temerin is also a wellknown agricultural area

INDUSTRIAL ZONE Location 1: Industrial zone – Temerin; Total area: 100 hectares; Ownership: Private and state property; Intended use: Small scale industry.

The site is located 2.5km from the town centre and has access to the power supply system. Water and gas supply systems, as well as access to a fibre optic cable, already exist.

Sewerage reticulation is planned.

LOCATION 2: Lot B-4 – Temerin; Total area: 220hectares; Ownership: Private and state property; Intended use: Small scale industry.

This site is situated alongside regional road R-120 regional road, 5km from the town centre. The site has access to power supply sys-

INCENTIVES FOR INVESTORS Long-term land lease is possible for a 99-year period. Drafting of planning and regulatory documentation, such as a Detailed Regulation Plan, is in progress.

PERMITS AND DEADLINES The shortest possible period necessary for obtaining all required permits and approvals for construction on the site is six months.

CONTACT Andraš Gustonj, Municipal President Novosadska 326, 21235 Temerin Vojvodina, Serbia Tel: +381-21-843-888; 842-792 Email: rodicmir@parabolanet.com Url: temerin.org.yu Languages: Serbian, Hungarian, English Vojvodina 2009/2010 The Investors guide / 69

TITEL

READY FOR INVESTORS

The municipality can offer potential investors very cheap construction land MILIVOJ PETROVIĆ, PRESIDENT OF THE MUNICIPALITY OF TITEL: “Providing the required documentation is completed, the municipality will issue a building permit up to seven days from the day the request is submitted.”

T

itel is situated in the extreme Southeast of Bačka, between the rivers Danube and Tisa. Aside from these two navigable rivers, Titel also has border rivers and two main roads – one connecting Novi Sad and Zrenjanin via Šajkaš and Titel; the other connecting Novi Sad and Zrenjanin via Šajkaš and Žabalj. These two roads, along with the river routes, add to Titel’s good geographical position, as well as providing better transport connections between Titel, Novi Sad and Zrenjanin. The municipality is also connected to Belgrade via the Danube, while there is a road and rail bridge over the Tisa and the municipality is connected to Srem via the bridge near Kovilj.

MUNICIPAL ECONOMY Agriculture is the dominant branch of the economy in Titel, comprising 80 per cent of the municipality’s revenue. Aside from agricultural production, there is also industrial production, retail trade and health related services. The municipality boasts 19,600 hectares of arable land, with close to 12,800 hectares privately owned.

Almost 90 per cent of the municipality’s population is engaged in agriculture.

All branches of agriculture are represented in the municipality: crop growing, cattle breeding, fruit and vegetable growing, viticulture and fish farming, while forest covers a total of 400 hectares of land.

In terms of industrial production, the most dominant branch is metal processing and construction material production, as well as processing

wheat, fruit and vegetables. There is also a micro factory producing plastic materials.

In terms of tourism, the municipality is best known for its sports, hunting and fishing tourism, which are enabled thanks to the land configuration and close proximity to rivers.

INDUSTRIAL ZONE The municipal spatial plan envisages the establishing of work zones all over the municipality’s territory, with the maximum utilisation of natural resources. Apart from the work zone in Titel, other zones do not have utility infrastructure. Construction of infrastructure in the Titel work zone is set to be completed soon, providing the zone with a paved road, water and sewage system and electricity supply.

INCENTIVES FOR INVESTORS When it comes to incentives for investors, the municipality of Titel can currently offer quite cheap construction land equipped with the relevant utility infrastructure.

The municipality plans work zones all over the municipality’s territory

CONTACT GORAN STANOJKOVIĆ, Associate in the Department of Economy Glavna 1, 21240 Titel, Vojvodina, Serbia; Tel: +381-21-860-186 Mobile: +381-64-822-42-17 Email: uprava@opstinatitel.rs; gstanojkovic@opstinatitel.rs Url: www.opstinatitel.rs Languages: Serbian, English and German

70 / The Investors guide Vojvodina 2009/2010

PERMITS AND DEADLINES Providing that the required documentation is completed, the municipality will issue a building permit up to seven days from the day the request is submitted.

INVESTMENTS TO DATE DOO Titel Agro and Res Trade have made the biggest investments in the municipality so far, by building a training centre for John Deere agricultural machinery. There is also Vranić Farma, which opened a poultry farm.

VRBAS

FOOD FACTORY

The town’s most beautiful architectural gems include the buildings of the Town Hall, Museum, Orthodox and Catholic churches and the Gymnasium high school

T

he Municipality of Vrbas is situated in the southwest of Vojvodina and consists of seven settlements: Vrbas, as its administrative centre, Bačko Dobro Polje, Kosančić, Kucura, Ravno Selo, Savino Selo and Zmajevo, covering a total area of 376km².

The municipality has a population of 45,852 citizens. In this multi-national community, Serbs represent the majority population, followed by Hungarians and Ruthenians. Some 8,899 of the municipality’s residents are currently registered as unemployed.

A favourable geographical location and transportation infrastructure justify the municipality’s importance as the central hub of the central Bačka region.

The following important roads intersect Vrbas: Sombor-Vrbas-Bečej, Vrbas-Bačka Palanka and Vrbas-Subotica, while the Novi SadSubotica road and the international motorway E-75 also pass nearby.

The provincial capital of Novi Sad is some 43km away from Vrbas.

Vrbas is situated near the Belgrade-Budapest international rail line and local roads Novi Sad-Sombor and Sombor-Bečej. Moreover, the well-developed network of the DTD Canal intersects the territory of Vrbas Municipality and Belgrade’s Nikola Tesla International Airport is 107km away.

Surprisingly for Vojvodina, industry employs more than agribusiness: industry accounts for 56.5% and agriculture 26.3% of the municipality’s total gross domestic product. Hunting tourism has the longest tradition in the Vrbas municipality, with the richest and most significant hunting grounds to be found in the Savino Selo district and the Kucura hunting grounds, which are especially famous for hare hunting.

The Town Museum has a rich Motherland Collection, including a great number of archaeological and ethnological exhibits and the town’s most beautiful architectural gems include the buildings of the Town Hall, Museum, Orthodox and Catholic churches and the Gymnasium high school.

Vrbas is situated near the Belgrade-Budapest international rail line

MUNICIPAL ECONOMY The Municipality of Vrbas is also known as “the food factory”, because of its agricultural and food processing complex, meat industry, vegetable oils processing industry and other food related processing lines.

INDUSTRIAL ZONE LOCATION 1: South 1 – Vrbas; Total area: 12 hectares, 38 acres, 63m²; Type of ownership: State and private property; Intended use: Business premises.

LOCATION 2: South 2 – Vrbas; Total area: 270 hectares, 4 acres, 42m²; Intended use:

Business premises.

LOCATION 3: South-West – Vrbas; Total area: 56 hectares, 47 acres, 1m²; Type of ownership: Municipal Property; Intended use: construction of business facilities.

LOCATION 4: North – Vrbas; Total area: 44 hectares, 96 acres, 40m²; Type of ownership: Municipal Property; Intended use: Business premises.

INCENTIVES FOR INVESTORS The sites are fully equipped with infrastructure and the necessary planning and regulatory documentation already exists.

CONTACT Željko Vidović, President of the Interim Committee 88 Maršala Tita, 21460 Vrbas, Vojvodina, Serbia Tel: +381- 21-705-028 Email: sovrbas@EUnet.yu Url: www.vrbas.net Languages: Serbian and English

Vojvodina 2009/2010 The Investors guide / 71

VRŠAC

PHARMACEUTICALS, FOOD & TEXTILES Future investors can count on an educated and skilled workforce

V

ČEDOMIR ŽIVKOVIĆ, PRESIDENT OF THE MUNICIPALITY OF VRŠAC: “Vršac has a developed industrial sector, with particular focus on the pharmaceutical, food processing and textiles industries.”

ršac is located in the South-eastern section of the Pannonian Plain along the Belgrade-Timisoara motorway. It is 85km from Belgrade and 14km from the Romanian border. Aside from a developed road infrastructure, the Vienna-Budapest-Belgrade-Bucharest railway also runs through Vršac.

The municipality has close to 54,000 inhabitants and an eligible workforce of 36,794. Future investors can count on an educated and skilled workforce. The average monthly salary in the municipality in September 2008 was €463.90 net. The Serbian Infrastructure Ministry recently presented a project to construct the E-70 motorway (BelradePančevo-Vršac) that will connect PanEuropean Corridors 10 and 4. The Spatial Plan of the Republic of Serbia envisages that this will be the main transport artery between Serbia and Romania. It will also provide better connection between Belgrade and Pančevo and will link Vršac to the rest of Serbia and Belgrade.

be leased for a period of 50 or 99 years.

INCENTIVES FOR INVESTORS Aside from the incentives provided by the state for newly formed companies and hiring unemployed citizens, Vršac plans to stimulate the construction of new production facilities by providing a reasonable lease for construction land, on condition that an investor hires a certain number of workers within the municipality and sets up a brand new company. The municipal authorities offer free legal assistance for setting up a company, hiring new workers and assisting in establishing contacts between companies operating in the municipality. We promote environmentally clean production in the manufacturing of medicines, food, high technology, processing equipment and software. We also encourage the production of sophisticated equipment used in the food and pharmaceutical industries, as well as air conditioning and electrical equipment.

Vršac is starting to build infrastructure in its Technology Park

CONTACT Technology Park, Dragiša Vučinić, Assistant to the President of Vršac Municipality 1 Trg Pobede, 26300 Vršac, Vojvodina, Serbia Tel: +381-13-821-053 Email: predsednik@vrsac.org.rs Url: www.vrsac.com Languages: Serbian, English, Romanian

72 / The Investors guide Vojvodina 2009/2010

MUNICIPAL ECONOMY Vršac has a developed industrial sector, with particular focus on the pharmaceutical, food processing and textiles industries. Vršac is also one of the region’s most important agriculture centres, with over 60,000 hectares of arable land.

INDUSTRIAL ZONE Vršac is starting to build infrastructure in its Technology Park, which will stretch over 27 hectares of land. The Park will have complete transport infrastructure, water supply, sewage, 20-KV-electric grid and telephone lines. In line with the relevant law, the land in the park will

PERMITS AND DEADLINES An investor can acquire all the required building permits once he submits project documentation and signs contracts pertaining to the rental of premises in the Technology Park.

INVESTMENTS TO DATE Aside from companies like Hemofarm Stada, Swisslion-Takovo and Vršački vinogradi (Vršac Vineyards), which are the key companies in the municipality, a substantial number of investors, mostly Italian, are also active here. These include Zannini East, SMA and Officina Game East. Negotiations are underway with three other large companies: Fresenius (Germany), Atlantic Goup (Croatia) and IMMA SPA (Italy)..

ZRENJANIN

THE BEST AT “EASING” BUSINESS Zrenjanin is also renowned for its chemical, pharmaceutical, textile and metal industries

Z

renjanin has over 140,000 inhabitants and covers 1,326km2, making it one of the biggest cities in Serbia. It is seen as an attractive investment location, due to its geographical position and infrastructure, access to (and a marina on) the Rhine-Main-Danube river canal on the Begej river, as well as the largest C-class airport in the Balkans.

MUNICIPAL ECONOMY Prior to the ‘90s, Zrenjanin had a reputation as the ‘largest food producer in the Balkans’ for its large food processing capacities. It is also known for its chemical, pharmaceutical, textile and metal industries.

The City is an active participant in the World Bank’s Doing Business in Southeast Europe project and for 2008 was announced as the best in Serbia and second best in Southeast Europe, according to the World Bank’s report benchmarking 22 cities in the region of SEE on the Ease of Doing Business. Zrenjanin also has a reputation in the field of high-technology and is home to the Mihajlo Pupin Informatics Faculty and the country’s first business incubator.

INCENTIVES FOR INVESTORS Zrenjanin offers potential investors free land for construction, equipped with all necessary infrastructure. Industrial parks in Zrenjanin have been fitted with electricity and gas, waterworks - including a sewer system - and telephone and internet lines.

Zrenjanin boasts a highly-qualified, experienced workforce at significant cost-savings compared to European standards. The city’s administration is known for its speed and efficiency, while the city also has a professional service staff to assist investors throughout the process. Within Zrenjanin there is also a duty-free zone, one of only four to be found in Serbia, thus offering investors the opportunity to conduct business with great tax savings.

DR MILETA MIHAJLOV, MAYOR OF ZRENJANIN: “In the past three years, over 30 investment contracts have been signed in Zrenjanin.”

Zrenjanin is one of Serbia’s top FDI-attracting cities

INDUSTRIAL ZONE Zrenjanin was the first city in Serbia to have a fully-equipped industrial zone and is one of two cities in Serbia to receive financial support from the European Agency for Reconstruction, with more than €4 million, for equipping an additional 72 hectares of the industrial zone.

INVESTMENTS TO DATE Zrenjanin is one of Serbia’s top cities when it comes to attracting FDI. Of the 10 largest greenfield investments in Serbia in 2008, three chose to call Zrenjanin home. In the past three years, over 30 investment contracts have been signed in Zrenjanin worth a total of over €300 million. The largest and most noteworthy in the past year was the investment of German company Draexlmaier, which specialises in the production of electrical and electronic systems for the automotive industry. Other large companies operating in Zrenjanin include Italian firms Pompea, Fulgar, and GR Systems, German companies Phiwa, Mehler and Geze, French Bongrain, Hungarian Arcadom and Austrian Supernova.

CONTACT Imre Fazekaš, Mayor’s Assistant for Economic Development Zoran Kovački, Head of Investment Department 10 Trg Slobode, 23000 Zrenjanin, Vojvodina, Serbia Tel: +381 (0)23 564 585 Tel: +381 (0)23 511 963 Fax: +381 (0)23 534 115 Email: investments@zrenjanin.rs Url: www.zrenjanin.rs Languages: English, Hungarian, Romanian, Slovakian, German

Vojvodina 2009/2010 The Investors guide / 73

ŽABALJ

EXCEPTIONAL LOCATION

Our industrial zone is intended for constructing industrial complexes

Ž BRANKO STAJIĆ, PRESIDENT OF THE MUNICIPALITY OF ŽABALJ: “The economic branches most suitable for investments are agriculture and tourism.”

abalj is in South Bačka in the centre of Vojvodina. It is 90km from Belgrade and has 27,530 residents in four towns and villages. The municipality covers 400km2, while arable land covers a total of 32,255 hectares.

The M-7 main road (Novi Sad-Zrenjanin), R-122 regional road (Bečej-Titel) and L-104 local road (Žabalj-Temerin) all pass through the municipality. The municipality also has abundant waterways like the rivers Tisa, Stara Tisa and Jegrička, as well as the DTD Canal network.

MUNICIPAL ECONOMY The most important economic activities in the municipality are agriculture, wholesale and retail trade and the processing industry (sugar processing and mills). According to Serbian Statistical Office date from 2005, around 42% of the municipality’s revenue comes from agriculture, hunting, forestry and water resources, with 78.3% of the total income generated by privately owned estates and companies.

INDUSTRIAL ZONE There are two industrial zones in the municipality: the Žabalj East Working Zone and Đurđevo Working Zone.

Unfortunately, the working zones do not have required infrastructure, though both are in a great location, situated as they are along the main road M-7 (Novi Sad – Zrenjanin) and just 10 kilometres from the international road E -75.

The zones cover 42 hectares and lie 20km from Novi Sad, 25km from Zrenjanin and 65km from Belgrade.

The municipality needs to write project docu-

mentation for the Žabalj working zone, while it needs to adopt a detailed regulatory plan for the Đurđevo Working Zone.

The industrial zones are intended for building industrial complexes, providing urban services, constructing warehouses and depots, as well as other production facilities.

The economic branches most suitable for investments are agriculture and tourism. The most important and most attractive tourism potential in this area lies in the rich fauna that enjoys special significance when it comes to the development of hunting tourism.

The municipality has many swamps and ponds that stretch across the alluvial plains. There are also moors, fens and fish ponds. The most attractive location for tourism in the municipality is Čurug, which is in the vicinity of the Dead Tisa (Mrtva Tisa) river.

PERMITS AND DEADLINES Deadlines for the submission of necessary permits and documentation required to commence construction are as follows: 30 days: urban planning act; 8 days: urban planning project excerpt; 3 days: certification that the main project conforms to relevant regulations; 15 days: building permit; 8 days: registering building works in line with article 114; 7 days: registering building works in line with the article 97; 7 days: operating permit.

There are two industrial zones in the municipality

CONTACT Boro Milić, Member of the Municipal Council, Nikole Tesle 45, 21230 Žabalj Vojvodina, Serbia Mob: +381- 64-81-44-541 Email: sozabalj@eunet.rs Url: www.zabalj.co.rs Languages: Serbian and English

74 / The Investors guide Vojvodina 2009/2010

INVESTMENTS TO DATE The most important investors in the municipality of Žabalj are Hellenic Sugar – Greece; Global Seed d.o.o. business systems and Aleksandrija Company (proprietor Tomislav Kovač).

ŽITIŠTE

EXPANDING ECONOMY

Fish ponds were constructed in the pastand sport fishing is well-developed

T

he Municipality of Žitište is situated in the vast plains of the heart of the sub-provincial region of Banat, north-east of Zrenjanin and near the national border with Romania. The Municipality covers an area of 525km² and, besides the town of Žitište, it comprises the settlements of Banatski Dvor, Banatsko Karadjordjevo, Banatsko Visnićevo, Medja, Novi Itebej, Ravni Topolovac, Srpski Itebej, Torak, Torda, Čestereg and Hetin. The town of Žitište is the administrative centre. Žitište is 115km from Belgrade’s Nikola Tesla International Airport and 68km from Novi Sad. The Municipality of Žitište has a population of 20,399 in its 12 settlement, with 2,773 currently registered as unemployed.

The municipality’s transportation structure is based on watercourses, which connect Žitište with the Danube. These include the Begej Canal, Stari Begej and the River Tamiš. A network of principal and local roads also intersects this municipality. Žitište is connected with Novi Sad via Zrenjanin on the 70th km, where it has access to the international E-75 motorway.

ist offer. The terrain is rich with thermal waters that are yet to be sufficiently exploited.

INDUSTRIAL ZONE LOCATION 1 - Site: Industrial zone Plastika; Total area: 3 hectares; Type of ownership: State owned; Intended use: Construction of industrial plants.

This site is located beside international road M-7 Novi Sad-Timisoara and is 35km from the Romanian border. The site has access to energy, water and gas supply systems. The construction of sewerage reticulation is planned.

LOCATION 2 - Site: Industrial zone Bioferm; Total area: 15hectares; Type of ownership: State property; Intended use: Construction of industrial plants and small-scale industry premises.

This site is also located beside international road M-7 Novi SadTimisoara, 35km from the Romanian border.

The site has gas access, but the water, sewer and power systems are not yet available. There are access roads to the site.

DRAGAN MILENKOVIĆ, PRESIDENT OF THE MUNICIPALITY OF ŽITIŠTE: “Besides agriculture complexes, small industrial plants have also been opened.”

Agricultural production is a baseline for the economy of Žitište

MUNICIPAL ECONOMY Agricultural production is a baseline for the economy of Žitište municipality. Besides agriculture complexes, small industrial plants have also been opened. The municipality also relies on hunting and fishing for its further development. Fish ponds were constructed in previous years and sport fishing is now well-developed, while a pheasant farm can be found nearby.

Rich hunting grounds add to the region’s tour-

INCENTIVES FOR INVESTORS Land can be leased for a period of up to 99 years. The necessary planning and regulatory documentation already exists.

PERMITS AND DEADLINES The shortest period required for obtaining all required permits and approvals for construction on the site is three months.

INVESTMENTS TO DATE American company Van Drunen Farms Europe (food) has invested €16.5 million in the Municipality of Žitište.

CONTACT Dragan Milenković, President of the Municipality Cara Dušana 15 23210 Žitište Vojvodina, Serbia Tel: +381-23-821-308 Fax: + 381-23-821-306 Email: predozit@gimelnet.co.yu Url: www.zitiste.org.yu Languages: Serbian and English Vojvodina 2009/2010 The Investors guide / 75

INVESTMENT IN VOJVODINA COMPANY

COUNTRY OF ORIGIN

SECTOR

LOCATION

INVESTMENT TYPE

Investment (MILLION â‚Ź)

Stada

Germany

Manufacture of pharmaceuticals

Vrsac

Acquisition

485

Anheuser-Bush InBev

Belgium

Manufacture of beewr

Apatin

Acquisition

430

Gazprom Neft

Russsia

Manufacture and retail sale of oil and gas

Novi Sad

Privatization

400

Privatization

385

National Bank of Greece

Greece

Financial intermediation

All major cities in Vojvodina

Fondiaria SAI

Italy

Insurance

Novi Sad

Privatization

264

PepsiCo Inc.

USA

Manufacture of food products

Backi Maglic

Acquisition

210

OTP Bank

Hungary

Financial intermediation

Novi Sad

Acquisition

166

Merkator

Slovenia

Wholesale and retail trade

All major cities in Vojvodina

Acquisition

150

San Paolo IMI S.p.A

Italy

Financial intermediation

All major cities in Vojvodina

Acquisition

140

Cimos

Slovenia

Forging, pressing, stamping and roll forming of metal

Kikinda

Privatization

100

Groupe Credit Agricole

France

Financial intermediation

Novi Sad

Acquisition

99 (75)*

Lafarge

France

Manufacture of cement

Beocin

Privatization

94 (38)*

Grundfos

Denmark

Manufacture of industrial pumps

Indjija

Greenfield

Ocean Atlantic International

USA

Real estate, renting and business activities

Novi Sad

Brownfield

Erste Bank

Austria

Financial intermediation

Novi Sad

Privatization

80 80 73.2

BIG CEE

Israel

Real estate, renting and business activities

Novi Sad

Greenfield

70

Tarkett Sommer

French/Germany

Manufacture of products of wood

Backa Palanka

Acquisition

67

Heineken

Netherlands

Manufacture of beer

Novi Sad

Acquisition

67

GTC

Poland

Real estate, renting and business activities

Subotica

Greenfield

65

Carlsberg

Denmark

Manufacture of beer

Celarevo

Acquisition

Vondel Capital

Netherlands

Real estate, renting and business activities

Novi Sad

Greenfield

STG

Italy

Manufacture of steel elements

Sremska Mitrovica

Joint Venture

Nova Ljubljanska Banka

Slovenia

Financial intermediation

Novi Sad

Privatization

NestlĂŠ S.A.

Switzerland

Manufacture of food products

Indjija

Greenfield

53 (65)* 51.25 50 49.5 41

Ultramed Hungary Kft.

Hungary

Physical well-being activities

Senta

Greenfield

40

BD Agro

Canada/Serbia

Farming of animals

Novi Becej

Joint Venture

35

Salford

UK

Manufacture of dairy products

N. Sad, Subotica, Vrsac

Privatization

Agrokor

Croatia

Production, processing and preservation of oils and fats

Zrenjanin

Acquisition

30

Merkator

Slovenia

Wholesale and retail trade

Novi Sad

Greenfield

30

Vizium Air

Austria

Manufacture of aircrafts

Zrenjanin

Greenfield

30

Tondah

Austria

Manufacture of bricks, tiles and construction products, in baked clay

Kanjiza

Acquisition

Waz Media Group

Germany

Publishing of newspapers

Novi Sad

Acquisition

Phiwa Walther Group

Germany

Hotels and restaurants

Subotica

Greenfield

Japan Tobacco International

Japan

Manufacture of tobacco products

Senta

Privatization

Euroasian Real Estate

Netherlands

Development of industrial and logistics parks

Zabalj

Greenfield

25

Greenfield

25

31.2

28.6 (24.7)* 28 27.50 27 (45)*

KTC - Krizevacki trzni centar

Croatia

Wholesale and retail trade

All major cities in Vojvodina

Bongrain Groupe

France

Manufacture of dairy products

Zrenjanin

Brownfield

20.35

Fresenius Medical Care

Germany

Manufacture of medical instruments

Vrsac

Acquisition

20 (1)*

Metalfer Steel Mill

UK

Manufacture of steel elements

Sremska Mitrovica

Acquisition

20

Mitas CGS Tyres

Czech Republic

Manufacture of rubber tyres

Ruma

Acquisition

20

Coca Cola

USA

Manufacture of beverages

Subotica

Acquisition

18.5

76 / The Investors guide Vojvodina 2009/2010

COMPANY

COUNTRY OF ORIGIN

SECTOR

LOCATION

INVESTMENT TYPE

Investment (MILLION â‚Ź)

Nexe

Croatia

Manufacture of bricks, tiles and construction products, in baked clay

Novi Becej, Sremski Karlovci

Privatization

18.08 (21.75)*

Alumil S.A.

Greece

Treatment and coating of metals

Stara Pazova

Greenfield

17

Van Drunen Farms

USA

Processing and preserving of fruit and vegetables

Banatsko Karadjordjevo

Greenfield

16.5

Kornikom

Bulgaria

Mining of lignite

Kovin

Privatization

16.4

Ashmore Investment Management Limited

UK

Production, processing and preserving of meat and meat products

Vrbas

Acquisition

16.25

Metro Cash & Carry

Germany

Wholesale and retail trade

Novi Sad

Greenfield

16

Pompea

Italy

Manufacture of underwear

Zrenjanin

Greenfield

15.5

Dukat

Croatia

Manufacture of dairy products

Sombor

Acquisition

Maksim

Slovenia

Hot zinc coating

Indjija

Greenfield

Midland Resources Holding

UK

Production, processing and preservation of meat

Vrbas

Privatization

14.5

UAB Arvi

Lithuania

Manufacture of fertilizers and nitrogen compounds Pancevo

Privatization

13.1

Mergol Limited

Cyprus

Manufacture of bricks, tiles and construction products, in baked clay

Vrsac

Acqusition

13

OMV

Austria

Manufacture and retail sale of oil and gas

Indjija, Sremska Mitrovica

Greenfield

12

15 (16.5)* 15

Trimo

Slovenia

Manufacture of walls and facedes

Simanovci

Greenfield

12

Calzedonia

Italy

Manufacture of clothes

Sombor

Greenfield

12

Arcadom

Hungary

Real estate, renting and business activities

Zrenjanin

Greenfield

Mineko

Switzerland

Manufacture of grain mill products

Subotica

Acquisition

11

Ball Packaging Europe

USA

Packaging activities

Indjija

Joint Venture

10.5

Le Belier

France

Forging, pressing, stam ping and roll forming of metal

Kikinda

Acquisition

10.5

Merkur

Slovenia

Wholesale and retail trade

Novi Sad

Greenfield

10

West Pharmaceutical Services

USA

Manufacture of pharmaceuticals

Kovin

Acquisition

10

RW Panel

Italy

Manufacture of thermo-isolated panels

Novi Sad

Joint Venture

10

Moeller

Austria

Manufacture of electricity distribution and control apparatus

Sremska Mitrovica

Greenfield

10

Daimler AG

Germany

Maintainance and repair of motor vehicles.

Logistic center

Krnjesevci

Greenfield

10

Don CafĂŠ

Israel

Processing of tea and coffee

Simanovci

Greenfield

8.5

Fulgar

Italy

Manufacture of polyamid and polyester elastics and covered yarns

Zrenjanin

Greenfield

8.5

Linde Gas

Germany

Manufacture of technical gases

Becej

Joint Venture

Farmina Pet Foods Ltd.

Italy

Manufacture of prepared pet foods

Indjija

Greenfield

8

Albon Engineering Plc.

UK

Manufacture of machine tools

Simanovci

Greenfield

8

10.67

8 (5)*

Vegrad

Slovenia

Construction

Sremska Mitrovica

Brownfield

8

Ferrariplast

Italy

Manufacture of plastic products

Sombor

Greenfield

7.5

S.F.I.R. Group

Italy

Manufacture of sugar

Senta, Nova Crnja

Privatization

7.3

Izolirka

Slovenia

Manufacture of rubber and plastic products

Sid

Privatization

7

Asamer Holding AG

Austria

Mining and quarrying

Rakovac

Acquisition

7

Lagermax AED

Austria

Transporting and storage

Simanovci

Greenfield

7

Real Group

Italy

Manufacture of socks

Backa Palanka

Joint Venture

7

Lohr

France

Manufacture of car carriers

Backa Topola

Acquisition

7

Draexlmaier

Germany

Manufacture of cable harnesses

Zrenjanin

Brownfield

7

Merkator

Slovenia

Wholesale and retail trade

Indjija

Greenfield

6.5

Efes Breweries International

Turkey

Manufacture of beer

Pancevo

Acquisition

6.5

Vojvodina 2009/2010 The Investors guide / 77

INVESTMENT IN VOJVODINA

COMPANY Flory Trading llc.

COUNTRY OF ORIGIN USA

SECTOR Growing of vegetables

LOCATION Novi Knezevac

INVESTMENT TYPE

Investment (MILLION â‚Ź)

Acquisition

6.16

JUB boje

Slovenia

Manufacture of paints

Simanovci

Greenfield

6 (3)*

Mechanical Works

Italy/UK

Manufacture of machinery and tools

Zrenjanin

Greenfield

6

Sano

Germany

Manufacture of prepared animal feeds

Novi Sad

Greenfield

6

Mitsides

Cyprus

Manufacture of pasta

Sremska Mitrovica

Privatization

6

Modriani

Slovenia

Printing

Pecinci

Brownfield

6

Asco Group

Greece

Manufacture of wires

Futog

Acquisition

6

Atlantic Grupa d.d.

Croatia

Manufacture of food products

Vrsac

Acquisition

6

Loher

Germany

Manufacture of generators

Subotica

Brownfield

6

Masterplast Group International

Hungary

Manufacture of construction materials

Subotica

Greenfield

6

Bau Holding Beteiligungs AG

Austria

Construction

Pancevo

Acquisition

5.5

Hellenic Sugar

Greece

Manufacture of sugar

Crvenka, Zabalj

Privatization

5.5

Henkel

Germany

Manufacture of glues

Indjija

Greenfield

5

Tus

Slovenia

Wholesale and retail trade

Sremska Mitrovica

Greenfield

5

Fragmat Group

Slovenia

Manufacture of construction material

Sid

Privatization

5

Green Terra

Netherlands

Growing of flowers

Kikinda

Greenfield

5

Phiwa Walther Group

Germany

Logistics and distribution centers

Zrenjanin

Greenfield

4.8

ATB Austria

Austria

Manufacture of electric motors

Subotica

Privatization

Tessiline

Spain

Manufacture of cosmetics

Beska

Greenfield

4

Lesnina

Slovenia

Retail sale of furniture

Novi Sad

Greenfield

4

Gorenje Tiki

Slovenia

Manufacture of boilers

Stara Pazova

Greenfield

Ljevaonica produkt doo

Croatia

Manufacture of radiators and boilers

Zrenjanin

Privatization

Streit Groupe

France

Machine processing and assembly of automotive components

Nova Pazova

Greenfield

3.5 (2)*

Sumer

Slovenia

Manufacture of springs, plastic, metal and turning parts

Adasevci

Greenfield

3.5

Viator & Vektor Group

Slovenia

Transport, storage and communication

Vrsac

Acquisition

3.3

Tus

Slovenia

Wholesale and retail trade

Sombor

Greenfield

3.13

Tus

Slovenia

Wholesale and retail trade

Subotica

Greenfield

3.1

TRS Swiss Production

Switzerland

Manufacture and recycling of toner cartridges

Petrovaradin

Brownfield

3

Supernova

Germany

Real estate, renting and business activities

Zrenjanin

Greenfield

3

Boxmark

Austria

Manufacture of automotive components

Sremska Mitrovica

Brownfield

3

Saint Gobain

France

Manufacture of construction materials

Apatin

Acquisition

3

Groupe Soufflet

France

Manufacture of malt

Backa Palanka

Acquisition

3

Pecocar Holland

Netherlands

Manufacture of panels

Zrenjanin

Greenfield

2.7

GR sistemi automatici di apertura srl

Italy

Manufacture of electric motors

Zrenjanin

Greenfield

2.5

Palma

Croatia

Manufacture of products of wood

Sombor

Joint Venture

2.2

Esca Food Solutions GmbH

Germany

Manufacture of meat products

Indjija

Greenfield

2

Corrado Baratti Gianni Ruggeri

Italy

Manufacture of underwear

Novo Milosevo

Greenfield

2

Grow Group

Netherlands

Growing of vegetables

Irig

Joint Venture

2

Jadran DD

Slovenia

Growing of animals

Macvanska Mitrovica

Privatization

2

Akripol

Slovenia

Manufacture of construction material

Kovacica

Greenfield

2

78 / The Investors guide Vojvodina 2009/2010

4.1 (8.3)*

4 3.6

COMPANY

COUNTRY OF ORIGIN

SECTOR

LOCATION

INVESTMENT TYPE

Investment (MILLION â‚Ź)

Steinemann

Switzerland

Manufacture of metal constructions

Backi Jarak

Greenfield

2

Geze

Germany

Manufacture of door and window systems

Zrenjanin

Greenfield

2

Eix Hotels

Spain

Hotels

Vrsac

Acqusition

Kristoforos Petris

Greece

Growing of crops. Raising of horses

Backa Topola

Privatization

1.9

2

Loz

Slovenia

Manufacture of windows and other construction materials

Pecinci

Greenfield

1.9

Belan

Russia

Manufacture od carpets

Zrenjanin

Privatization

Mehler AG / BPS

Germany

Manufacture of ballistic equipment

Zrenjanin

Greenfield

1.81 1.8

Husqvarna

Sweden

Manufacture of garden and cutting equipment

Stara Pazova

Greenfield

1.8

Bauerhin

Germany

Manufacture of car seat heating

Indjija

Brownfield

1.8

Labinprogres TPS doo

Croatia

Manufacture of agricultural machinery

Novi Knezevac

Privatization

1.5

Fermopromet

Croatia

Growing of crops

Stara Moravica

Acqusition

1.5

Poteza Adriatik Fond B.V.

Netherlands

Farming of animals

Secanj

Acqusition

1.5

Kleemann

Greece

Manufacturing of elevators

Pecinci

Greenfield

1.5

LK Armatur

Sweden

Manufacture of heating and cooling systems

Zrenjanin

Brownfield

1.5

Fluid

Slovenia

Manufacture of transport tanks

Pancevo

Privatization

1.45

Cimos

Slovenia

Forging, pressing, stamping and roll-forming of metal

Secanj

Privatization

1.4

Rotis Group

Slovenia

Manufacture of components for construction mashines

Vrdnik

Privatization

1.2

Zesium mobile GmbH

Switzerland

Research and development

Novi Sad

Joint Venture

1

P.M.P.

Austria

Metal works industry

Temerin

Brownfield

1

Eurocity

Slovenia

Manufacture of car seat heating components

Sremska Mitrovica

Privatization

1

Hajdu - Avis Rt

Hungary

Growing of crops

Perlez

Privatization

0.86

SMA

Italy

Manufacture of reservoirs

Vrsac

Acqusition

0.75

Maghrabi Alaa Mohammedali

Saudi Arabia

Manufacture of motor vehicles

Novi Sad

Privatization

0.73

Applicazioni Elettriche Generali s.r.l.

Italy

Repair and production of electric machines

Subotica

Privatization

0.7 (0.2)*

Metallorukav JSC

Russia

Forging, pressing, stamping and roll forming of metal

Becej

Privatization

0.61

Telsonic

Switzerland

Manufacture of machinery and equipment

Kac

Joint Venture

0.6

Sholz GmbH

Germany

Steel and metal scrap waste disposal

Pancevo, Zrenjanin

Privatization

0.6

Elma TT

Slovenia

Manufacture of transformers

Backa Topola

Greenfield

0.5

Meltal

Slovenia

Purchase, collecting, sorting, and sale of secundary non-ferrous metals

Ruma

Brownfield

0.45

Scholz GmbH

Germany

Steel and metal scrap waste disposal

Novi Sad

Brownfield

0.43

La Fonte Ardennaise

France

Manufacture of automotive components

Senta

Brownfield

0.4

Roto

Slovenia

Manufacture of plastic products

Alibunar

Privatization

0.3

Orka

Slovenia

Manufacture of plastic products

Odzaci

Privatization

0.3

Phiwa Walther Group

Germany

Wholesale and retail trade

Kikinda

Privatization

0.3

Nova Italia

Italy

Manufacturing

Backa Palanka

Brownfield

0.3

Phiwa Walter Group

Germany

Retail trade

Sombor

Acquisition

0.2

Austru Bau

Austria

Construction

Pancevo

Privatization

0.18

Poly-Verbund-Premix

Germany

Building and repairing boats. Manufacture of plastic

Titel

Acquisition

0.15

Italsvenska SpA

Italy

Manufacture of products of wood

Apatin

Privatization

0.15

Surovina dd

Slovenia

Steel and metal scrap waste disposal

Backa Palanka

Acquisition

0.15

Yuthane

UK

Manufacture of plastic products

Nova Pazova

Joint Venture

0.15

Vojvodina 2009/2010 The Investors guide / 79

INVESTMENT IN VOJVODINA COMPANY

COUNTRY OF ORIGIN

SECTOR

INVESTMENT TYPE

LOCATION

Investment (MILLION â‚Ź)

Euro-in

Italy

Manufacture of footwear

Kula

Brownfield

0.15

Bet Shemesh Engines Ltd

Israel

Forging, pressing, stam ping and roll forming of metal

Ada

Privatization

0.14

East Point Holdings Ltd.

Cyprus

Production of cables

Novi Sad

Privatization

0.1

PG Lorenzetti

Italy

Manufacture of leather, leather products and shoes

Kula

Privatization

0.08

Vakond KFT

Hungary

Construction

Ada

Privatization

0.06

Nordzucker

Germany

Manufacture of sugar

Bac, Vrbas, Kovacica, Pecinci

Joint Venture

Wienerberger International

Austria

Manufacture of bricks, tiles and construction products, in baked clay

Mali Idjos

Acqusition

N/A

Volvo

Sweden

Maintainance and repair of motor vehicles

Novi Banovci

Greenfield

N/A

Immo Industry Group

Belgium

Logistic centers

Stara Pazova

Greenfield

N/A

Perutnina Ptuj

Slovenia

Production, processing and preserving of meat and meat products

Zrenjanin

Acqusition

N/A

Timior Collant

Italy

Manufacture of socks

Kikinda

Joint Venture

N/A

Hint Tech BV

Netherlands

Computer and related activities

Novi Sad

Acqusition

N/A

Mercurius Scheepvaart Group

Netherlands

Building and repairing of ships

Begej

Acquisition

N/A

Netex

Romania

Shared business services

Novi Sad

Brownfield

N/A

N/A (20)*

Phiwa Walter Group

Germany

Hotels and restaurants

Subotica

Greenfield

N/A

OMV

Austria

Manufacture and retail sale of oil and gas

Vrsac, Palic

Greenfield

N/A

Agrokor

Croatia

Wholesale and retail trade

Novi Sad

Brownfield

N/A

Alltech

USA

Manufacture of yeast

Senta

Acquisition

N/A

Phiwa Walter Group

Germany

Wholesale and retail trade

Kanjiza, Senta, Ada, Subotica

Brownfield

N/A

Phiwa Walter Group

Germany

Logistics and distribution centers

Senta

Acquisition

N/A

Kovis

Slovenia

Manufacture of machinery and equipment

Backa Palanka

Joint Venture

N/A

Levi 9 Global Sourcing

Netherlands

Computer and related activities

Novi Sad

Joint Venture

N/A

Gebruder Weiss

Austria

Transport, storage and communication

Subotica

Greenfield

N/A

Phiwa Walter Group

Germany

Real estate, renting and business activities

Subotica

Acquisition

N/A

Zesium mobile GmbH

Germany

Research and development

Novi Sad

Joint Venture

N/A

SMF

Austria

Manufacture of cable harnesses

Kovacica

Joint Venture

N/A

Fornetti

Hungary

Manufacture of preserved pastry goods and cakes

Subotica

Greenfield

N/A

Knott

Germany

Manufacture of chassis components and braking systems

Becej

Joint Venture

N/A

Hammars

Sweden

Manufacture of containers

Krnjesevci

Greenfield

N/A

Tegola Canadese SpA

Italy

Manufacture of construction material

Kanjiza

Privatization

N/A

Viscofan

Spain

Manufacture of collagen casings

Novi Sad

Acquisition

N/A

Abele Martina

Italy

Finishing of textiles

Novi Becej

Greenfield

N/A

Welde GmbH

Austria

Manufacture of products of wood

Kovin

Acquisition

N/A

Apostrophe SA STE Laurent S.A.R.L.

France

Manufacture of wearing apparel

Sonta

Acquisition

N/A

Litostroj Jeklo d.o.o.

Slovenia

Casting of iron. Manufacture of machine tools

Ada

Acquisition

N/A

Žito

Croatia

Growing of crops

Ratkovo

Acquisition

N/A

BIG CEE

Israel

Real estate, renting and business activities

Subotica, Zrenjanin

Greenfield

N/A

Tatravagonka Poprad a.s.

Slovakia

Manufacture of railway locomotives and rolling stock

Subotica

Acquisition

N/A

()* - Reinvestment Amount So Far 80 / The Investors guide Vojvodina 2009/2010

DIRECTORY PROVINCIAL GOVERNMENT SECRETARIATES/DEPARTMENTS Parliament of the Autonomus Province Vojvodina Vladike Platona bb, 21000 Novi Sad Tel: +381 (0) 21 456-311 e-mail: informacije@skupstinavojvodine.sr.gov.yu Executive Council of the Autonomus Province of Vojvodina 16 Mihajla Pupina, 21000 Novi Sad Tel: + 381 (0) 21 487 4000 www.vojvodina.gov.rs The Provincial Secretariat for Economy Mihajla Pupina 16, 21000 Novi Sad Tel: +381 (0) 21 456-054 , 456-101 Fax: +381 (0) 21 557-084 - Sector for Industry Tel: +381 (0) 21 456-232 industrija@spriv.vojvodina. gov.RS - Sector for Transport and Telecomunictation Tel: +381 (0) 21 456-101 saobiveze@spriv.vojvodina. gov.rs - Sector for International Economic Relations Tel: +381 (0) 21 456-881 ekodnsain@spriv.vojvodina. gov.rs - Sector for Trade, Tourism and Services Tel: +381 (0) 21 457-276 trgoturus@spriv.vojvodina. gov.rs - Sector for Plan and Development Tel: +381 (0) 21 457-276 razviplan@spriv.vojvodina. gov.rs The Provincial Secretariat for Architecture, Urbanisam and Construction Mihajla Pupina 16, 21000 Novi Sad Tel: +381 (0) 21 487-4590 Fax: +381 (0) 21 457-737 E-mail: arhiurb@vojvodina. gov.rs Novi Sad Fair Hajduk Veljkova 11, 21000 Novi Sad Tel: +381 (0) 21483-00-00 Faks: +381 (0) 21 483-00-99 E. pošta: info@sajam.net Vojvodina Fund for Developing Agriculture Bulevar Mihajla Pupina 16 21000 Novi Sad Tel: +381 (0) 21 487-4875 Fax: +381 (0) 21487-4253 E-mail: fondpolj@vojvodina.sr.gov.yu www.fondpolj.vojvodina.sr.gov.yu Vojvodina Development Fund Hajduk Veljkova 11, 21000 Novi Sad Tel: +381 (0) 21483-0666 The Guarantee Fund of Vojvodina Hajduk Veljkova 11, 21000 Novi Sad Tel/Fax: +381 (0) 21 489 3700

AGENICIES Privatization Agency Terazije 23/VI, 11000 Belgrade tel: +381(0)11/3020-800, fax: +381(0)11/3020-828 e-mail: info@priv.yu; www.priv.yu Serbia Investment and Export Promotion Agency – SIEPA Vlajkovićeva 3/V, 11000 Beograd tel: +381 11 3398 550 fax: +381 11 3398 814 e-mail: office@siepa. gov.rs www.siepa.gov.rs Vojvodina Investment Promotion - VIP Zmaj Jovina 4/1, 21000 Novi Sad Tel: +381 21 4723240, Fax: +381 21 4721921 E-mail: office@vip.org.yu www.vip.org.yu CHAMBERS OF COMMERCE Serbian Chamber of Commerce Resavska 13-15, 11000 Beograd, tel: +381 (11) 33 00 900 www.pks.komora.net Vojvodina Chamber of Commerce Hajduk Veljkova 11, 21000 Novi Sad tel: +381-21-557-433 fax: +381-21-557-364 e-mail: info@pkv.rs; www.pkv.rs Regional Chamber of Commerce Sremska Mitrovica Kralja Petra I 4/2, 22000 Sremska Mitrovica tel: +381 22 610 778 fax: +381 22 610 078 Regional Chamber of Commerce Zrenjanin, Kralja Petra I br. 3/1 Zrenjanin, 23000, Vojvodina, Srbija tel: +381 (0) 23 562 979, 535 890, fax: +381 (0) 23 562 693, www.rpkomora-zr.co.rs Regional Chamber of Commerce Kikinda Trg srpskih dobrovoljaca 48 23300 Kikinda Tel: +381 (0)230 21080; Fax: +381 (0)230 401230 Regional Chamber of Commerce Novi Sad, Mihajla Pupina 6/VII, 21000 Novi Sad Tel: +381 (0) 21 48-02-088 Fax: +381 (0) 21 466-300 E-mail: office@rpkns.co.yu www.rpkns.com Regional Chamber of Commerce Pančevo, Tel: +381 (0) 13 343 255 Fax: +381 (0)13 354 056 www.rpkpancevo.com

Regional Chamber of Commerce Sombor, Venac Stepe Stepanovića 30 25000 Sombor Tel: +381 (0) 25 420 930; Fax: +381 (0) 25 423 766 Regional Chamber of Commerce Subotica Matije Korvina ( Engelsova ) br. 9 24000 Subotica Tel/FAX +381 (0) 24 553-357 President +381 (0) 24 553-420 E-mail: subotica@komora.net Municipality of Ada Trg oslobođenja 1, 24430 Ada Vojvodina, Serbia Tel: +381-24-852-106; Email: soada@ada.org.rs Url: www.ada.org.rs Municipality of Alibunar Trg Slobode 4, 26310 Alibunar Vojvodina, Serbia Tel: +381-13-642-105 Email: alskupstina@hemo.net Url: www. alibunar.org.rs Municipality of Apatin 29 Srpskih Vladara, Vojvodina, Serbia Tel: +381-25-773-131 Email: ou@soapatin.org Url: www.soapatin.org Municipality of Bač Trg Zorana Đinđića 2, 21420 Bač Vojvodina, Serbia Tel: +381-21-770-170; Email: predsednik@bac.rs Url: www.bac.rs Municipality of Bačka Palanka Kralja Petra I br. 16 21400 Bačka Palanka Vojvodina, Serbia Tel: +381-21-7559-117 E-mail: info@backapalanka.org.rs www.backapalanka.org.rs Municipality of Bačka Topola 1 Svetosavska Street 24300 Bačka Topola, Vojvodina, Serbia Tel: +381-24-713-506; Fax: +381-24-715-918 Email: kokai.monika@viplc-backatopola.com Url: www.btopola.org.rs Municipality of Bački Petrovac 6, Kolarova, 21470 Bački Petrovac Vojvodina, Serbia Tel: +381-21-780-247; Fax: +381-21-780-571 Email: aurela_luci@yahoo.com Url: www.backipetrovac.org.yu Municipality of Bečej 2 Trg Oslobođenja, 21220 Bečej Vojvodina, Serbia

Vojvodina 2009/2010 The Investors guide / 81

:: PROIZVODNJA, SERVIS I PRODAJA MEDICINSKIH APARATA Doo DEM je preduzeće čija je delatnost proizvodnja, servis i prodaja medicinskih aparata i opreme. Firma je osnovana još 1991.godine u Novom Sadu, i od tada pa do danas naš rad se svodi, na primenu najnovije tehnologije i sarvremen pristup radu, kako bi naši korisnici dobili usluge visokog kvaliteta koje zadovoljavaju zahteve moderne medicine. Ekskluzivni smo distributeri firme, Innomed Medical Zrt iz Budimpešte, Madjarska i Zoll Medical Corporation,USA. Naš program čine:

1. ETG APARATI 2. DEFIBRILATORI 3. MONITORI 4. PULSOHIMETRI 5. HOLTERI 6. RENTGEN APARATI 7. PRIBOR NEOPHODAN ZA RAD MEDICINSKE OPREME

Za svu robu koju prodajemo, posedujemo kako neophodne medjunarodne certifikate, dokaze o standardima, tako i neophodne domaće certifikate i registracije aparata. Servis medicinske opreme je takodje razvijena delatnost naše firme. Serviseri i tehnička podrška firme poseduju certifikate o završenoj obuci za edukovanje korisnika za rad na aparatima, montzu, odrzavanje i servis. O uspešnosti naše firme govori broj isporučenih aparata , kao i zadovoljni korisnici istih.

DEM, Bulevar vojvode Stepe 15, 21000 Novi Sad ; tel/fax: +381 21 639 53 39, mail: office@dem.co.rs

DIRECTORY Tel: +381-21-6912222 Email: radivojevic@becej.co.rs www.becej.co.rs Municipality of Bela Crkva 2, Miletićeva Street 26340 Bela Crkva, Vojvodina, Serbia Tel: +381-13-851-224/ ext. 109 Email: opstinabc@arenapc.org URL: www.belacrkva.info Municipality of Beočin Svetosavska 25, 21300 Beocin Vojvodina, Serbia Tel: +381-21-870-537 bogdan.cvejic@sobeocin.org.rs Url: www.sobeocin.org.rs Municipality of Čoka 20 Potiska, 23320 Čoka Vojvodina, Serbia Tel: +381-230-71-000 Email: opstina@coka.co.yu; krz. coka@skgo.org; Url: www.coka.co.rs Municipality of Inđija Cara Dušana 1, 22320 Inđija Vojvodina, Serbia Tel: +381-22-561-301 Email: direkcija@indjija.net Url: www.indjija.net; www.moja. indjija.net Municipality of Irig Vojvode Putnika 1, 22406 Irig Vojvodina, Serbia Tel: +381-22-461-010 Fax: +381-22-462-035 Email: soirig@neobee.net Url: www.irig.org.yu Municipality of Kanjiža 1 Glavni trg, 24420 Kanjiža Vojvodina, Serbia Tel.: +381-24-875–166 Faks: +381-24-873–016 e-mail: office@kanjiza.co.yu www.kanjiza.co.yu Municipality of Kikinda 12 Trg srpskih dobrovoljaca 23300 Kikinda, Vojvodina, Serbia Tel: +381-230-410-121 Email: andrija.sava@kikinda.org.rs Url: www.kikinda.rs Municipality of Kovačica 50, Maršala Tita, 26210 Kovačica Vojvodina, Serbia Tel: +381-13-661-122 Fax: +381-13-661-047 Email: razvoj@kovacica.org Url: www.kovacica.org Municipality of Kovin 5 JNA, 26220 Kovin, Vojvodina, Srbija Tel: +381-13-742-104 Email: predsednik@kovin.org.rs Url: www.kovin.org.rs Municipality of Kula Lenjinova 11, 25230 Kula

Vojvodina, Serbia Tel: +381-25-722-220 Email: svetobukvic@gmail.com; dmiljanic@so-kula.com; Url: www.kula.rs Municipality of Mali Iđoš Glavna 32, 24321 Mali Iđoš Vojvodina, Serbia Tel: +381-24-730-214 Email: opstina.maliidos@gmail.com Url: www.maliidos.com; www.small-steps.biz Municipality of Nova Crnja 110, JNA , 23 218 Nova Crnja Vojvodina, Serbia Tel: +381-23-815-030; Fax: +381-23-815-031 Email: peramilankov@gmail.com, todorovmile@gmail.com Url: www.sonovacrnja.org.rs/ City of Novi Sad Trg slobode 1, 21000 Novi Sad Vojvodina, Serbia Tel: +381-21-529-270 Fax: +381-2-525-931 gradonacelnik@gradnovisad.org.rs Url: www.gradnovisad.org.rs Municipality of Novi Bečej 8, Žarka Zrenjanina, 23272 Novi Bečej Vojvodina, Serbia Tel: +381-23-771-135; Email: misa.vrebalov@novibecej.rs Url: www. novibecej.rs Municipality of Novi Kneževac Kralja Petra I Karađorđevića 1 23330 Novi Kneževac; Vojvodina, Serbia Tel: +381-230-81-031; Fax: +381-230-82-076 Mob: +381-64-82-66-800 predsednik@noviknezevac.org.rs Url: www.noviknezevac.rs Municipality of Odžaci Knez Mihajlova 24, 25250 ODŽACI Vojvodina, Serbia Tel: +381-25-742-411 Email: iodbor@neobee.net Url: www.odzaci.info Municipality of Opovo Borisa Kidriča 10, 26204 Opovo Vojvodina, Serbia Tel: +381-13-681-030; 681-142 Mob: +381-63-1060-340 Email: zoran.tasic@3dnet.rs Url: www.opovo.org.rs City of Pančevo Trg kralja Petra I 2-4, 26000 Pančevo Vojvodina, Serbia Tel/Fax: + 381 13 346 393; 343 222 Email: gradonacelnik@pancevo.rs Url: www.pancevo.rs Municipality of Pećinci

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Slobodana Bajića 5, 22410 Pećinci Vojvodina, Serbia Tel: +381-22-86-950; +381-22-86-950 Mobil: +381-64 898 3623 radivoj.milosevic@pecinci.org www.pecinci.org Municipality of Plandište Vojvode Putnika 38, 26360 Plandište Vojvodina, Serbia Tel: +381-13-861-033 Fax: +381-13-861-134 Email: soplandiste@hemo.ne Url: www.plandiste.com Municipality of Ruma Glavna 155, 22400 Ruma Vojvodina, Serbia Tel: +381-22-478-314 Fax: +381-0-22-479-588 Email: rumaopstina2@nadlanu.com Url: www.ruma.rs Municipality of Sečanj Vožda Karađorđa 57, 23240 Sečanj Vojvodina, Serbia Tel: +381-23-841-111; 841 410 Fax: +381-23-842-031 Email: sosecanj@ptt.rs Url: www.secanj.rs Municipality of Senta Glavni trg 1, 24400 Senta Vojvodina, Serbia Tel: +381-24-812-636 E-mail: predsednik@zenta-senta. co.rs www. www.zenta-senta.co.rs Municipality of Sombor Trg Cara Uroša 1, 25000 Sombor Vojvodina, Serbia Tel: +381-25-468-133 gradonacelniksombor@gmail.com Url: www. www.so-sombor.com Municipality of Srbobran 2, Trg slobode, 21480 Srbobran Vojvodina, Serbia Tel: +381-21-731-079; Fax: +381-21-731-077 Email: srbobran@eunet.yu Url: www.srbobran.rs City of Sremska Mitrovica 13, Svetog Dimitrija Street 22000 Sremska Mitrovica, Vojvodina, Serbia Tel: +381 -022-610-572 Email: gradonacelniksm@gmail.com Url: www. sremskamitrovica.org.rs Municipality of Sremski Karlovci Trg Branka Radičevića 1, 21205 Sremski Karlovci, Vojvodina, Serbia Tel: +381-21-685-30-00 Email: sremkarl@eunet.rs Url: www.sremski-karlovci.org.rs Municipality of Stara Pazova 11, Svetosavska , 22300 Stara Pa-

zova, Vojvodina, Serbia Tel: +381-22-310-051, 310-170 Email: goran.jovic@starapazova.eu Url: www.starapazova.eu City of Subotica Trg slobode 1, 24000 Subotica Vojvodina, Serbia Tel: +381-24-666-677 Email: mayor@subotica.rs Url: www.subotica.rs Municipality of Šid 4 Karađorđeva, 22240 Šid Vojvodina, Serbia Tel: +381-22-712-544 E-mail: ppzr@opstinasid.org http://www.opstinasid.org/ Municipality of Temerin Novosadska 326, 21235 Temerin Vojvodina, Serbia Tel: +381-21-843-888; 842-792 Email: rodicmir@parabolanet.com Url: temerin.org.yu Municipality of Titel Glavna 1, 21240 Titel, Vojvodina, Serbia Tel: +381-21-860-186 Email: uprava@opstinatitel.rs; Url: www.opstinatitel.rs Municipality of Vrbas President of the interim committee Zeljko Vidovic 88 Marsaka Tita 21460 Vrbas, Vojvodina, Srbija; Tel: +381- 21-705-028 E-mail: sovrbas@EUnet.yu Url: www.vrbas.net Municipality of Vršac 1 Trg Pobede, 26300 Vršac, Vojvodina, Serbia Tel: +381-13-821-053 E-mail: predsednik@vrsac.org.rs Url: www.vrsac.com City of Zrenjanin 10 Trg Slobode, 23000 Zrenjanin Vojvodina, Serbia Tel: +381 (0)23 564 585 Tel: +381 (0)23 511 963 Fax: +381 (0)23 534 115 Email: investments@zrenjanin.rs Url: www.zrenjanin.rs Municipality of Žabalj Nikole Tesle 45, 21230 Žabalj Vojvodina, Serbia Mobilni: +381- 64-81-44-541 Email: sozabalj@eunet.rs www.zabalj.co.rs Municipality of Žitište Cara Dušana 15, 23210 Žitište Vojvodina, Serbia Tel: +381-23-821-308 Fax: + 381-23-821-306 Email: predozit@gimelnet.co.yu Url: www.zitiste.org.yu

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