business friendly municipality

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Zrenjaninwww.zrenjanin.rs

Geographic Location Vojvodina, Mid-Banat Distric

Population 132,051

Territory 1,326 km² - 82.5% of arable land, 3.78% forests, 13.72% roads and other

2010 Budget 2.58 billion dinars

Address Trg slobode 10, 23000 Zrenjanin, +381 23/315-0095, investments@grad.zrenjanin.rs

45o23’N, 20o23’E

E 75

E 75

E 70

proximity to NEarEst bordEr crossiNgsTowards Romania 43 kmTowards Hungary 140 km

The City of Zrenjanin is among pioneers of local economic development in Serbia and a rare example of a local government which opted for developing its industrial zones, aimed at encouraging investments and employment, by means of credit funding. Zrenjanin’s success today is used as best practice of entrepreneurial financial management in the public sec-tor. The City’s investing is continued – planned reconstruction of the Ecka Airport, development of a transport center and a pier at the Begej River. One of 6 duty free zones is in Zrenjanin and the City is running it to-gether with a Slovenian partner – firm Kolpa. Businesses in the zone are free from custom fees and taxes which may help them make up to 40% of savings in costs. Zrenjanin has established a business incubator with successful operations which is something very few municipalities managed to achieve. Considering that Zrenjanin is the second largest municipality in Serbia in terms of area size where as much as 80% is fertile land – one may conclude that their agricultural potential is large.

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2011 © National Alliance for Local Economic Development

humaN rEsourcEsWork force: 91,104 (man: 45,225, women: 45,879)Education structure: 10.65% 4 and 2 year college, 48.08% high school, 40.75% elementary and lower, 0.52% not availableEducation profiles: Economist, shop assistant, technologist, IT specialist, textile technician, chemical, agricultural and food processing technician, medical worker, electrical technician, civil construction technician No of unemployed: 12,673 unemployed; 29% unemployment rate Average gross salary: 482.8€ / per month

local EcoNomyNo of enterprises: 4,800Size: 25% companies, 75% entrepreneurs Dominant industries: Agriculture, food processing, oil and gas production, chemical, textile. And metal processing industry The largest domestic companies: Dijamant, Mlekoprodukt, Žitoprodukt (food processing), Alpin (trade, car parts), Bomex (ship yard), Luxol, Beohemija Inhem (cosmetics and house cleaning agents), Radijator (metal processing industry) The most significant foreign investors: Pompea, Fulgar (textile), Draexlmaier (automotive industry), Mehler-Baps (ballistic protection equipment), Geze (mechanics and automatics), Kolpa-san (plastic processing), Pecocar Holland (construction)

traffic coNNEctioNsHighway (Corridor X): 50km away from E 70, access by M-7; E 75; 75km away, access by M-24Main roads: M7 – Connection to Romania, M24 and M 7.1Railroad lines: Line no. 46 - Pančevo-Zrenjanin-Kikinda, line no 88 Zrenjanin-Plandište-Vršac-Bela CrkvaThe Danube (corridor VII): Danube port – 30 km away by the Tisa River, Danube’s largest tributary Airport: Nikola Tesla Airport– 90km away; Ečka Airport– 5,9 km away

Industrial zone 720,000 m², construction land with infrastructure

Ownership structure 100% owned by the City of Zrenjanin

Location 3 km away from the city center

Proximity to traffic lines Main road M 24, Begej river (0.5 km), Ečka airport (2 km)

Price and type of acquisition 8.75-14€ / m², purchase

Land development fee 4.4-16-€ / m²

Local incentives Duty Free Trade Zone–up to 40% lower business costs

zrenjAnIninvest in

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