brochure serbia - your business partner [5,61mb]

7/27/2019 Brochure Serbia - Your Business Partner [5,61MB]

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SERBIA YOUR BUSINESS PARTNER


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ExperiencesFrom Serbia

2013.


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Introductory Word

To establish Serbia as a country recognizable by its investment potential, market economy, open borders, a

country prepared to be competitively integrated into the European mainstream, represents the national interestof the Republic of Serbia. These are the foundations on which the Chamber of Commerce and Industry ofSerbia, as a leading business association of Serbian entities, bases its essential commitment. The strate-gic objectives of the Chamber of Commerce and Industry of Serbia are to actively strengthen the economicdevelopment of the country, boost exports and foreign direct investments, heighten the competitive edge of theSerbian economy, further the development of entrepreneurship and promote Serbian economy as a respecta-ble destination to invest in.

The activities of the Chamber of Commerce and Industry of Serbia are primarily directed toward the represen-tation of the interests of its members striving to create open, stimulating and prosperous business climate.

Representing the members interests in this way is particularly important in circumstances when the businessenvironment is facing the challenges of economic activities depression on global scale which is on internalplan made more complex by transition challenges on one hand and challenges of adapting to economic crite-ria for the EU membership on the other.

Chamber of Commerce and Industry of Serbia supports the domestic economy and investors also by offeringa wide range of information, promotion and consulting services. To represent and promote Serbian business,natural and human resources in the country and abroad, provide foreign investors with the information onrequirements and possibilities of conducting business in Serbia, are the important tasks of the Chamber ofCommerce and Industry of Serbia.

The granted EU candidate status to Serbia would enhance business reliability and stability of business in Ser-bia, and that is a signal for investors that Serbia is moving in the right direction to strengthen competitivenessand predictability of business environment.

The Chamber of Commerce and Industry of Serbia and chamber system in Serbia have 156 long tradition. Thedeveloped chamber network and the representative ofces abroad are the guarantee for the effective applicati-on of all mechanisms of support to the economy and business community.

The longterm aim of the Chamber of Commerce and Industry of Serbia is clear enoughstable and strongeconomy, improvement of business and investment environment, higher living standards of its citizens anddevelopment of Serbia. Constant progress and many examples of good practice are the best guarantee forsuccess.

Welcome to the Chamber of Commerce and Industry of Serbia!

Mr eljko Serti

President of the Chamber of Commerce and Industry of Serbia


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Republic of Serbia is a state of Serbian people and all citizens who live in it, based

on the rule of law and social justice, principles of civil democracy, human and minorityrights and freedoms, and commitment to European principles and values.

Constitution of the Republic of Serbia, Article 1.


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General Data

Resources

Location: Southeastern Europe, central part of the Western Balkans

Geographic coordinates: 44 00 N and 21 00 ETerritory: 99,269 million square kilometers

Population: 7.2 million (the data for AP Kosovo and Metohia excluded)*

Borders with: Hungary, Romania, Bulgaria, Macedonia, Albania, Montenegro,Bosnia and Herzegovina and Croatia

Capital city: Belgrade, circa 1.6 million inhabitants

Cities above 100,000: Novi Sad, Ni, Kragujevac, Pritina, Subotica

State organization: Parliamentary RepublicOfcial language: Serbian

National currency: RSD dinar

Time zone: GMT+1

Road network: 40,845 kilometers

Railway network: 4,092 kilometersNavigable rivers: Danube 588 km, Sava207 km and Tisza164 km

International airports: Belgrade, Ni and Pritina

Agricultural land: 5.7 million ha

Coal reserves: 20 billion tons

Petrol and gas reserves: 20 million tons oil equivalent

Hydro potential: circa 27.000 GWh

Mineral and Thermo

mineral waters: 700 springs, out of which 360 are recognized

Geological reserves: copper 2.8 billion tons, antimony 9 million tons, magnesite 41 million tons, reproof and ceramic clay 190 million tons

Nature Conservation: 125 protected plant and 428 animal species

National Parks: the Fruka Gora Mountain, erdap, Tara, Kopaonik, Mountainara

Biosphere reserve: Golija Mountain

*Sources: Statistical Ofce of the Republic of Serbia


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between the East and the West

in where 16 Roman emperorswere born

of great people and big achievements


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of glorious pastand great prospects

A country of champions

rich in tradition and modern in future path


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Gross DomesticProduct (GDP)

Services

Agriculture, hunting,

forestry and shing

Construction industry

Industry

4.8%

22.3%

2002 2003 2004 2005 2006 2007 2008 2009

11

7

5

31

1

3

5 3.5

2

3.8

5.4

3.6

5.4

9.3

2.5

4.3

9

1 1.6

2010 2011 2012*

Until 2010, there were visible changes in the

structure of Serbian economy towards services. In

2011, a drop in share of services in the economic

structure of the country was recorded, and now

services account for 62.1% (or 66.9% includingconstruction industry).

28,

692

31,

141

28,

006

28,

957

32,

668

28,

468

23,

305

20,

306

19,

026


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CHALLENGES

Improvement of economic competitiveness Strengthening of innovation capacity and industrial mo-

dernization Improvement of export structure Development of infrastructure Creation of new jobs

Reform of the public sector Creation of incentive investment climate

Earnings

Ination

Labour force structure


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Export structure by activity classication in 2011

Source: Statistical Ofce of the Republic of Serbia

Commodities export and import in the period

2004-2011 (in million EUR)


8,

623

8,

439

10,

462

11,

505

12,

622

14,

450

70%

60%

50%

40%

30%

20%

10%

0%

SERBIAN ECONOMY

Foreign Trade


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Major partners in export in 2011


Major partners in import in 2011


Italy

Bosnia and Herzegovina

GermanyMontenegro

Romania

Russia

Macedonia

Slovenia

Other

37.4%

11.1%10.1%

11.3%

7.5%

6.9%

6.7%4.5%4.5%


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2008 2009 2010 2011Wheat 2,095 2,068 1,630 2,076

Maize 6,158 6,396 7,207 6,480

Barley 344 303 244 279

Oats 96 74 68 71

Rye 14 13 10 12

Sugar beet 2,299 2,798 3,325 2,822

Sunower 454 378 378 378

Soya bean 351 349 541 441

Potato 844 898 887 892

Wine (1000 hl) 1,542 2,210 2,363 2,326Milk (mil.l) 1,534 1,515 1,462 1,472

Butter 3 2 2 3

Cheese 21 22 23 24

Beef and baby beef 99 100 96 100

Pork 266 252 269 280

Mutton 23 25 23 24

Poultry 76 80 84 88

Meat-total 464 457 472 492

Agriculture


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Frukogorski bermet, sweet wine served at MariaTerezias Court, ajvar from Leskovac and honeyfrom Homolje mountains are domestic products withprotected indication of geographical origin at interna-tional level in 27 countries of the world.

Apart from these, 50 other products and localities areregistered at national level in the Serbian IntellectualProperty Office: prosciutto and bacon from Uzice,kulen from Srem, sausages and salamis, sausagefrom Poarevac, herbal tea from Rtanj, cheese fromHomolje, Riesling wine from Banat, Ruica wine fromJagodina, wine from Kosovo, caviar from Kladovo,a number of mineral waters, barbeque meat fromLeskovac, duvan varci (a variant of pork rinds)from Valjevo, cabbage from Futog, raspberries from

Arilje, rugs from Pirot, damask from Bezdan and woolknitted garments from Sirogojno.

Other


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Energy


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Electric power distribution regions:

1 Elektrovojvodina, Novi Sad

2 Elektrodistribucija Beograd, Beograd

3 Elektrosrbija, Kraljevo

4 Jugoistok, Ni

5 Centar, Kragujevac

* Elektrokosmet, Pritina

*Since June 1999, Electric Power Utility of Serbia

has not managed its capacities on

Kosovo and Metohija

1

2

3

5

4

*

Zrenjanin

Novi Sad

S. MitrovicaKostolac A

Kostolac BKostolac

erdap I

Morava

N. Tesla AN. Tesla B

Zvornik

Kolubara

Kolubara

Kolubara B

B. BataMeuvrje

Ovar Banja

Kokin Brod

BistricaPotpe

Uvac

Kosovo

Kosovo

Pirot

Vrla IIVrla III

Vrla IV

PAP Lisina

Vrla I

Kosovo B

RHE B. Bata

erdap II

= 500 MW

Electric powerplants and mines:

TPP

TPP underconstruction

THPP

HPP

Coal mine


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Industrial Production

Industrial sectors Share inpercentsMining 7.6Production of food products 18.6

Beverages production 5.4Production of tobacco products 1.4Production of textiles 1.2Production of garments 2.5Leather and leather products production 1.0Wood processing and production of wooden products 1.2Production of paper and paper products 2.7Reproduction of audio and video records 1.8Production of coke and oil derivates 3.7Production of chemicals and chemical products 3.2Production of basic chemicals 3.5

Production of rubber and plastic products 5.0Production of other nonmetal mineral products 4.6Production of basic metals 1.3Production of metal products excluding machines 7.0Production of computers, electronic and optical devices 1.6Production of electric equipment 2.8Production of non listed machines and equipment 2.3Production of motor vehicles and trailers 1.3Production of other transportation vehicles 0.5Production of furniture 1.9Other processing sectors 0.9

Repair and equipment assembly 0.3Electricity and gas supply and air conditioning 16.7

Industrial production


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Construction and Building Industry

The bridge across Ada is a unique in the world in

its category. This is the biggest bridge in the world

with one pylon which is high 200 m and wide 46 m.

The bridge is also unique because it is asymmet-

ric, i.e. pylon is placed in the middle of the bridge.

Therefore, the bridge had to be made of different

materials. The back span of the bridge is 250 m and

it is made of 12 concrete segments from the side ofCukarica, whereas the main span of the bridge is

made of 19 steel segments. All these are connected

with the pylon by 20 pairs of cables the total length

of which is 1000 km which is a distance between

Belgrade and Istambul. A story about the bridge

was broadcasted by Discovery Channel proving

that this bridge was ranked among most important

bridges in the world.

Source: Belgrade Land Development Public Agency


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In April 2011 the nine students from the University

of Belgrade won first place in the European Com-

missions Sustainable energy week 2011 compe-

tition in Brussels, with their Strawberry tree pub-

lic solar charge for mobile devices. The Strawberry

energy (the real name of this student organization)

triumphed in the competition of 309 projects and

beat the companies like Toyota, General Electric

and Renault.

Innovations


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The Lafarge Invention Award competition held on

the 5th of January 2011 in France involved 104

best projects from over 80 varied countries, where

three technologies from Serbia entered the finals.

On that occasion, out of ten finalists the technol-

ogy Panel construction system with permanent

internal isolation was announced the winner in its

category.

Environmental Protection


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Transport


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International Navigable Routes in Serbia

Source: CCIS


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Trade


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IT Sector

Strength Weakness

Environment

HighTech export Serviceable pat-

ents Number of phone

lines Quality of scientic

and research insti-

tutions Electricity genera-

tion

Nonconformity of ICTregulations with globalones

Strength of the localcompetition

Sophistication of thenance market

Availability of stateoftheart technologies

Readiness(Absortion

quality)

Monthly businessphone subscribers

Monthly privatephone subscribers

Quality of math-ematics and scien-tic education

Quaity ofpublic(state)schools

Level of personnel edu-cation

Sophistication of buy-ers

Importance of ICT forthe future of the state

Use

Internet bandwith Cell phone sub-

scribers

Technology adoption onthe company level

Foreign technologylicensing diffusion

Government success inICT promotion

Availability of govern-ment online services


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Foreign currency inow tourism (in mill. USD)

Source: National Bank of Serbia

Tourism


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In 2011 CNN ranked Novi Sad among the 50 bestsummer destinations in the world, and EXIT festival

among the 5 top international festivals.


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Financial Services

Ownership structure of the banks in Serbia

Source: National Bank of Serbia


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Small and Medium-Sized

Enterprises


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INVESTMENTS


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Company Country of origin ActivityInvestment amount

(mill. EUR)

Telenor Norway Telecommunications 1,602Gazprom Neft- NIS Russia Energy 947Fiat Group Italy Car industry 940Delhaize Belgium Retail trade 933Stada - Hemofarm Germany Pharmaceuticals 650Mobilkom VIP Mobile Austria Telecommunications 633Philip Morris DIN USA Tobaco industry 630Banca Intesa Italy Banking 508Eurobank EFG Greece Banking 500Raiffeisen bank Austria Banking 500

Salford Investment Fund Great Britain Food 500StarBev- Brewery Apatin Czech Republic Food 487CEE / BIG shopping centers Israel Real estate 470

Agrokor Croatia Food 450National Bank of Greece Greece Banking 425Mercator Slovenia Retail trade 413U. S. Steel USA Metal 280Credit Agricole France Banking 264Fondiaria SAI Italy Insurance 220Lukoil Russia Energy 210

Twenty largest investors into Serbia, in the period 20012011


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Projects forwhich the

resources areapproved

Projectsof special

importance

Biginvestment

projects

Mediuminvestment

projects

Direct Investments

Production sectorServices intendedfor international

trade

Strategicprojects in theeld of tourism

Investments in the

4th group of localselfgovernancecommunities anddevastation areas

Investments in

the 1, 2 and 3group of localselfgovernance

communities

In the entire territoryof the Republic ofSerbia

In the entireterritory of the

Republic ofSerbia

Resourcesamount

Up to 17%of total

investmentsamount

Up to 20%of total

investmentsamount

Up to 10%of total

investmentsamount

4,000 10,000EUR per each

new job


new job

4,000 10,000 EURper each new job


new job

Minimum amountof investments

200 millionEUR 50 million EUR 50 million EUR 0.5 million EUR 1 million EUR 0.5 million EUR 5 million EUR

Minimum number

of new jobs 1,000 300 150 50 50 10 50

Financial incentives


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Mission

CHAMBER OF COMMERCE ANDINDUSTRY OF SERBIA

History

The Chamber of Commerce and Industry of Serbia

is the national leader in the promotion and protec-

tion of interests of the economy of Serbia.

Vision


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International activities

The world business organization


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Activities


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Map base: Geokarta Ltd.

Single chamber system of Serbia comprises thenational chamber Chamber of Commerce andIndustry of Serbia, two Provincial Chambers (Voj-vodina and Kosovo and Metohija), Belgrade Cham-ber of Commerce and Industry and sixteen Regio-nal Chambers of Commerce and Industry (Kikinda,Kragujevac, Kraljevo, Kruevac, Leskovac, Ni, Novi

Sad, Panevo, Poarevac, Sombor, Sremska Mitro-vica, Subotica, Uice, Valjevo, Zajear and Zrenja-

nin). Representing the entire economic sector, thenetwork of chambers of commerce in Serbia is

the broadest inuence base for the creation ofeconomic policy and legal framework for thebusiness environment.

Chamber ofCommerce System


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On account of promoting the export, attracting the inves-tments and internationalizing the economy of Serbia, theChamber of Commerce and Industry of Serbia has itsrepresentative ofces in Vienna, Brussels, Frankfurt, Kiev,Milan, Moscow, Paris, Podgoricaand Zagreb.

Vienna

Brussels

Frankfurt

Paris

Milan

Podgorica

Kiev

Moskow

Zagreb

Representative ofces abroad


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Chamber of Commerce and Industry of Serbia

Resavska 13-15, Belgrade

Phone: (+381 11) 3300 900, Fax: (+381 11) 3230 949

[email protected]

www.pks.rs

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