Invest in southern pearl THE MEDVEDJA MUNICIPALITY THE MEDVEDJA MUNICIPALITY INVEST IN THE SOUTHERN PEARL

Invest in southern pearlInvest in southern pearl

THE THE MEDVEDJA MEDVEDJA MUNICIPALITY MUNICIPALITY

INVEST IN INVEST IN THE THE SOUTHERN PEARLSOUTHERN PEARL


WHERE TO INVEST?WHERE TO INVEST?The Medvedja municipality The Medvedja municipality

covers the area of 524,24 covers the area of 524,24 km2. According to the km2. According to the 2002 census, there are 2002 census, there are the total of 10, 760 the total of 10, 760 inhabitants in 34 inhabitants in 34 communities and 42 communities and 42 villages. villages.

Distance from : Distance from :

Belgrade 320 km Belgrade 320 km ( capital city )( capital city )

NiNišš 90 km 90 km ( ( aairport )irport )

PriPrišštintinaa 60 km 60 km ( Kosovo)( Kosovo)

Sofia 220 km Sofia 220 km (Bulgaria )(Bulgaria )

Thessalonica 360 km Thessalonica 360 km (Greece ) (Greece )

There are There are 44km from 44km from Medvedja to Medvedja to CCorridor 10orridor 10 and to the Belgrade-and to the Belgrade-AthensAthens railway line. railway line.

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Geo-strategic location on the crossroads of Corridors 10 and 7,

a connection between the East and the West A democratic country on the path to EU

accession 7,5 million inhabitants, GDP 5,764 $ per capita,

economic growth is 7,5% (2007) Average monthly salary is 485 euros and

industrial productivity growth is 13,5% (2007) 180 million consumers with a profit-free access

to the market (FTA with Russia, CEFTA) 2001-2007 the total FDI was 13.5 billion $ Attractive tax policy and facilities for investors

WHY SERBIA ?


• Situated on the regional M-9 Leskovac-Priština road

• A good geographic position and favorable climatic conditions

• Tourist potentials (Sijarinska Spa and archeological sites)

• Natural resources ( led, zinc ,silver and gold, geo-thermal waters, ecologically clean environment )

• Natural recourses for the production of healthy food

• Industrial raw materials, especially wood (oak, pine)

• Greenfield investment opportunities

WHY MEDVEDJA?


NATURAL RESOURCES NATURAL RESOURCES

Large territories under high qualityLarge territories under high quality woods woods

Reserves of zinc, led, silver and gold Reserves of zinc, led, silver and gold that will last that will last over theover the next 35-40 years next 35-40 years

Geo-thermal water Geo-thermal water s ofs of variousvarious chemical composition chemical composition

Excellent conditions forExcellent conditions for development of development of tourism tourism

Natural preNatural predespositionsdespositions for for the the production of milkproduction of milk, , meat and fruits meat and fruits


HUMAN RESOURCESHUMAN RESOURCES

Qualified Qualified labor force, while thelabor force, while the current figures current figures ofof the the Medvedja Medvedja labor market labor market are as followsare as follows::

* * NNo qualificationo qualificationss : : 793793 * * Skilled workersSkilled workers: : 407407 * * SecondarySecondary school: school: 426426 * * HHigher education : igher education : 3939 * * UUniversity niversity educationeducation : 12 : 12

The lThe local ocal secondary secondary school school - departments for- departments for economy ,tourism and metal workerseconomy ,tourism and metal workers - - with with the the total total of 310 of 310 pupils,pupils, is ais a good base for new work places good base for new work places

Working potential of region is 250Working potential of region is 250,,000 workers000 workers


INFRASTRUCTUREINFRASTRUCTURE

Asphalt roads Asphalt roads and the and the connection between all local connection between all local communitiescommunities

Stabile and quality water supply and sewage system Stabile and quality water supply and sewage system

Modern electricModern electric power power gridgrid

Digital telephone Digital telephone exchangeexchange with 1,131 users, ADSL with 1,131 users, ADSL IInternet connectionnternet connection,, the municipality is fully the municipality is fully covered by covered by mobile telephone signalmobile telephone signals ofs of all three all three operators operators that provide mobile phone servicesthat provide mobile phone services the the country.country.


ECONOMYECONOMY

Unemployment rate is high Unemployment rate is high and it amounts to and it amounts to 32,4%32,4%

The tThe total number of employed persons is otal number of employed persons is 11,, 578, 578, and and 47,47, 78%78% of them of them work in work in industry,industry, 31,31%31,31% of them of them in in state institutions, state institutions, whilewhile 20,91% 20,91% of them are engaged of them are engaged in in the the private private sectorsector

IIn n AAugugust ust 20082008,, thethe average net salary average net salary in the in the municipalitymunicipality waswas 28,834 28,834 dinars ordinars or 351,63 euros 351,63 euros


POTENPOTENTIALTIAL FOR TOURISM FOR TOURISM


POTENPOTENTIALTIAL FOR TOURISM FOR TOURISMThe The majormajor potential of potential of the the Medvedja Medvedja

municipalitymunicipality for tourism for tourism is Sijarinska Spa, is Sijarinska Spa, which is awhich is a unique gift unique gift ofof nature. nature. A nA natural geyser of hot mineral atural geyser of hot mineral water, water, a a clean environment ,healthy food ,non-polluted clean environment ,healthy food ,non-polluted air and 18 springs of mineral watersair and 18 springs of mineral waters, which stretch , which stretch overover 800 meters 800 meters opf land, opf land, areare the the main potentials for main potentials for attactingattacting investors. investors. The locationThe location for for a a mineral water mineral water manufacturing plantmanufacturing plant ( Greenfield investment) is ( Greenfield investment) is fulluy fulluy regulated and regulated and completely equipped with infrastructurecompletely equipped with infrastructure.. ItIt’s situated ’s situated on the plots 13,14,49,50,51,20/2,16/2, which are all in on the plots 13,14,49,50,51,20/2,16/2, which are all in private ownership, as well as on the plots 36/5,36/6 private ownership, as well as on the plots 36/5,36/6 484/2, which are in state ownership. 484/2, which are in state ownership. The tThe total otal areaarea of of these plots is 2 hectares. these plots is 2 hectares.


SUPPORT FOR SUPPORT FOR INVESTORSINVESTORS

Efficient municipal administrationEfficient municipal administration

Municipal service center 00381 16 891 158Municipal service center 00381 16 891 158

60 days for getting a building permit60 days for getting a building permit

Regional chamber of commerce Leskovac 00381 16 Regional chamber of commerce Leskovac 00381 16 250 011250 011

L E R office 00381 16 891 257L E R office 00381 16 891 257

NGO sector and cooperationNGO sector and cooperation


QUALITY OF QUALITY OF LIFELIFESport clubs in Medvedja

• Football club “ Jablanica”• Basketball club “Jablanica”• Karate club and• Chess club

Registered non-government organizations (NGOs) in Medvedja :

Center for Peace Studies Ecological Movement Medvedja Roma Center Medvedja Cultural Center Medvedja Women’s Center Medvedja Sphetimi Sijarinska Spa GO-JA


GGREENFIELD REENFIELD OPPORTUNITIESOPPORTUNITIES

The plots that are offered in Medvedja are as follows:The plots that are offered in Medvedja are as follows:

936,937,1938,1939,1940,1941,1942,1943,1944,1945,1936,937,1938,1939,1940,1941,1942,1943,1944,1945,1946,1947,1948,1949,1951,2367,2365,2364,2356/1,234946,1947,1948,1949,1951,2367,2365,2364,2356/1,2341/1,2413/1,2313/2,2313,2314,2312,2310,2305/1,2306,21/1,2413/1,2313/2,2313,2314,2312,2310,2305/1,2306,2303/2,2304,2296,2292,2291,2288,2279/1,2280/1,2281,303/2,2304,2296,2292,2291,2288,2279/1,2280/1,2281,2283,2286,2303/1. 2283,2286,2303/1.

All the aforementioned plots are in private ownership, All the aforementioned plots are in private ownership, and they cover the area of 8 hectares. They’re fully and they cover the area of 8 hectares. They’re fully equipped with the necessary infrastructure. equipped with the necessary infrastructure.


TAXES AND INCENTIVESTAXES AND INCENTIVES Taxes in Medvedja are the same as in the other parts Taxes in Medvedja are the same as in the other parts

of the Republic of Serbia:of the Republic of Serbia: Capital gains tax - 10% Capital gains tax - 10% Income tax - 12% Income tax - 12% Value Added Tax (VAT) – from 8 to 18% Value Added Tax (VAT) – from 8 to 18% Exemption from taxes over a 10-year period for the Exemption from taxes over a 10-year period for the

investments that are larger than 7,5 mil. euros and investments that are larger than 7,5 mil. euros and for 100 new employeesfor 100 new employees

Exemption from customs duty for the import of raw Exemption from customs duty for the import of raw materials and the equipment materials and the equipment

Medvedja offers 5,000 euros to investors for each Medvedja offers 5,000 euros to investors for each newly opened work place.newly opened work place.


SUCCESS STORIESSUCCESS STORIES

FARMAKOM MB - a domestic investor and new owner FARMAKOM MB - a domestic investor and new owner of the “Lece” mine, started operating - a brownfield of the “Lece” mine, started operating - a brownfield investment worth 9,000,000 euros - intends to investment worth 9,000,000 euros - intends to employ 200 workers in the first phase.employ 200 workers in the first phase.

ADRIATIC STROINVEST – a Russian investor that ADRIATIC STROINVEST – a Russian investor that started building a new luxury hotel in Sijarinska Spa started building a new luxury hotel in Sijarinska Spa - a greenfield investment worth 4,500,000 euros- a greenfield investment worth 4,500,000 euros


PHONE US !PHONE US !

Municipality of Medvedja Municipality of Medvedja JablaniJablaniččka 48, Medvedja ka 48, Medvedja

16240, Serbia16240, Serbia016 891 138, 891 106, 891 016 891 138, 891 106, 891

158158 [email protected]@yahoo.com

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Invest in southern pearl THE MEDVEDJA MUNICIPALITY THE MEDVEDJA MUNICIPALITY INVEST IN THE SOUTHERN PEARL