Location AP Vojvodina, Northern Serbia

Population 299,294

Territory 702.7 km²; 56.2% arable land, 3.7% forests, 40.1% roads and other

Budget RSD 20.7 billion; 46.80% capital investments

Contact Trg slobode 1, 21 000 Novi Sad, Serbia, +381 21 480 77 10, kler@novisad.rs

E 75

E 75

E 70

E 75

E 75

E 70

E 75

E 75

E 70

E 75

E 75

E 70

E 75

E 75

E 70

E 75

E 75

E 70

business friendly municipality

N

Novi Sadwww.novisad.rs45o46’N, 19o20’E

E 75

E 75

E 70

E 75

E 75

E 70

E 75

E 75

E 70

E 75

E 75

E 70

E 75

E 75

E 70

E 75

E 75

E 70

Proximity to NEarEst bordEr crossiNgsCroatia 40 km

Romania 103 km

Hungary 115 km

Novi Sad has always been the center of economic development, thanks to its geostrategic position and the entrepreneurial spirit of its citizens. Today it represents one of the most important administrative, university, business, cultural, tourist and trade fair centers in Serbia. As the largest city in the Autonomous Province of Vojvodina, the most developed part of Serbia, Novi Sad offers numerous benefits to investors. With 48,000 students, the University of Novi Sad is the second largest university in Serbia. Along with the developed network of high-schools and elementary-schools, this contributes to the quality and variety of local labor force. Favorable geographic position on the Danube (Corridor VII) and highway (Corridor X), developed infrastructure, Tax Free Zone for doing business and Free Trade Agreements allow duty-free access to the markets of EU, Russia, CEFTA region, Turkey and USA, with over one billion consumers. With equipped locations and financial incentives, Novi Sad is well positioned on European investment map.

Novi sad

bElgradE (88 km)

viENNa (544 km)

istaNbul(1061 km)

sofia (481 km)

thEssaloNiki (722 km)

budaPEst (304 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: 210,903Education structure: 19.2% college or university degree, 52% high school, 28.8% elementary and lowerEducation profiles: A network of faculties and high-schools in the areas of technology, electro-engineering, machining, agriculture, medicine, law, philosophy, mathematics, transport, artNo of unemployed: 30,410, unemployment rate 18.5% Average gross salary: € 595 per month

local EcoNomyNo of enterprises: A total of 22,603 out of which 8,939 companies and 13,664 entrepreneursSize: 96% small, 3.1% middle-sized and 0.9% largeDominant industries: Processing industry (particularly food-processing), trade, ICT, constructionThe largest domestic companies: IM Matijevic, Neoplanta (meat processing), Victoria logistic (agriculture), Univerexport (trade), Stylos (trade, packaging production), Danubius (grain processing and production of pasta), Enterijer Jankovic (design and manufacture of furniture), BB Minaqua (production of mineral water), Unimet (metal processing)The most significant foreign investors: Gazprom neft (oil processing, Russia), Mercator-S (trade, Slovenia), TRS Swiss production (cartridge recycling, USA), Koteks Viscofan (food, Spain), Telvent DMS (software engineering, Spain), Erste bank (banking, Austria), Credit Agricole Group (banking, France), Fondiaria SAI (insurance, Italy), Heineken (brewery, Netherlands)

traffic coNNEctioNsHighway (Corridor X): Direct access to E-75, close proximity to E-70Main roads: M-7 (connection with Romania), M-21 (connection with Montenegro)Railroad lines: Direct access to the line Budapest-Novi Sad-Belgrade The Danube (Corridor VII): Direct access to Novi Sad PortAirport: Airport Nikola Tesla, Belgrade – 80 km away

Industrial zone 230,000 m², construction land

Ownership structure 100% state owned

Infrastructure Water, sewerage, gas, electricity, access road, telecommunication

Location 5 km from the city center, 2 km from the E-75 highway, 0.5 km from the Bulevar Evrope st

Price and type of acquisition € 30 / m², purchase

Land development fee Production facilities ~ € 78 / m², commercial facilities ~ € 103 / m²

Local incentives Fee reduction - up to 90%; exemption from VAT, customs and duties in the Free Zone

NOvI sADinvest in