Location Rasina District, Central Serbia

Population 131,368

Territory 854 km²; 54% arable land, 35% forests, 11% roads and other

Budget RSD 2.62 billion; 19.57% capital investments

Contact Gazimestanska 1, 37 000 Krusevac, +381 37 414 700, protokol@krusevac.rs

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business friendly municipality

K

Kruševacwww.krusevac.rs43o35’N, 21o19’E

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Proximity to NEarEst bordEr crossiNgsBulgaria 190 km

Macedonia 240 kmCroatia 300 km

Krusevac is a city in central Serbia with long industrial tradition. The greatest potential lays in chemical, mechanical and food-processing industries, which is confirmed by the presence of successful domestic companies and foreign investors such as Henkel and Cooper Tires. The City Administration maintains partner relationships with the existing businesses and provides significant funds for entrepreneurship development, investment promotion and new job creation. With the average gross salary of €410 and local financial incentives of €1,000 per new job created, Krusevac can offer qualified and experienced labor force to investors at extremely competitive conditions. Additionally, the city owns 62,136 m² of construction land equipped with infrastructure, within the industrial zone IMK 14th October, which is ready for new investments. Along with the business-friendly environment, the city offers various touristic, cultural and sport-recreational contents and facilities. The most distinguished are the medieval monasteries, the well-known Krusevac Theatre and a sport complex and a football stadium Mladost, built by the highest European standards.

krušEvac

bElgradE (180 km)

viENNa (800 km)

istaNbul(840 km)

sofia (260 km)

thEssaloNiki (500 km)

budaPEst (566 km)

2012 © National Alliance for Local Economic Development

NALED, Zetska 4a/2, 11000 Belgrade, +381 11/334 76 34, naled@naled-serbia.org www.naled-serbia.org

humaN rEsourcEsWork force: 88,704Education structure: 11% college or university degree, 40 % high school, 48% elementary and lowerEducation profiles: Economist, sales specialist, chemical technician, mechanical technician, electro-technician, manager, laboratory technicianNo of unemployed: 16,510, unemployment rate 36.1% Average gross salary: € 410 per month

local EcoNomyNo of enterprises: A total of 5,155 out of which – 1,184 companies and 3,971 entrepreneursSize: 95% small, 4% middle-sized, 1% large Dominant industries: Chemical, machine and food-processing industry; agriculture, construction, tradeThe largest domestic companies: IMK 14th October (machine industry), Rubin (production of alcoholic and non-alcoho-lic beverages), FAM (chemical industry), Branko Perisic (food-processing industry)The most significant foreign investors: Trayal (chemical and rubber industry, USA), Henkel (chemical industry, Germany), Cooper Tires (rubber industry, USA), Duropak (production of paper products, Austria)

traffic coNNEctioNsHighway (Corridor X): E-75 – indirect access by M-5 (23 km away)Main roads: M-5 (Zajecar-Paracin-Pojate-Krusevac-Kraljevo- Cacak)Railroad lines: Railroad line E-75 – access by main railroad Pozega-Krusevac-Stalac (15 km away) The Danube (Corridor VII): Belgrade Port – 200 km away, Smederevo Port – 140 km awayAirport: Airport in Nis – 80 km away

Industrial zone 62,136 m², construction land

Ownership structure 100% City of Krusevac

Infrastructure Heating, water, sewerage system, electricity, telecommunication; no: gas, access road

Location 1.5 km from the city center, next to the regional road R-102 (Krusevac – Kragujevac)

Price and type of acquisition Auction

Land development fee € 30.26 / m²

Local incentives Reduced fees and financial incentives (~€ 1,000) per new job created

krušEvACinvest in