Key Sectors

Sectors With Prospects and Potential

Automotive Industry

An optimal ratio between labor cost, productivity, and quality of workforce together with the fast and efficient connection to a network of Pan-European transport routes have caused many component and system manufacturers to recognize Vojvodina as a growing hub for the automotive industry in Europe. 

A variety of opportunities to gear up for greater profitability indicators:

  •     Ideal geographic location for JIT/JIS production models
  •     Close proximity to leading car manufacturers
  •     Access to top OEMs - 1,250 km radius
  •     Competitive operational costs
  •     Cutting-edge technical education ensuring constant supply of highly-qualified workforce
  •     Long-standing tradition in high-quality production standards


The region of Vojvodina has all the ingredients you need to successfully service the fast-growing global consumer markets with premium food products. 

A recipe for superior quality food processing guaranteed by:

  •     Ample fertile soil: 1.5 mil ha - 84% of the territory
  •     Lowest usage of fertilizers and pesticides in Europe
  •     High-quality resource base, optimal climate conditions
  •     Organic production potential
  •     Long-standing experience 
  •     Growth trend in the export volume share (10,9% increase compared to 2012)
  •     No 1 FDI sector: No of companies, Investment volume, Number of workers

Real Estate

Vojvodina is an emerging region with a growing demand for modern real estate development. The geographical location, natural resources, population, and infrastructure provide beneficial conditions for development of various real estate projects.

  •     Residential, office and retail development projects in major cities
  •     Industrial zones in the vicinity of urban areas for manufacturing facilities
  •     Free zones in Novi Sad, Subotica, Zrenjanin, Apatin
  •     Inland waterways, railway and road infrastructure for intermodal logistics hubs
  •     National parks, nature resorts, rivers, lakes, and canal networks for hotels, spa and leisure resorts, golf courses and marina complexes


The region of Vojvodina is increasingly becoming a hot spot for innovation-oriented ICT companies and a first-choice location for reliable, high-quality, and cost-effective alternative to more developed markets.

  •     Sophisticated solutions at lower costs
  •     Easy access to best quality, experienced IT staff
  •     Continues increase in number of ICT students
  •     Substantial growth sector resilient to global recession
  •     Vast international market expertise of local companies
  •     Strong institutional support for R&D
  •     Excellent support through ICT-oriented business incubators 

Shared Business Services

A growing number of companies are deciding to bring their shared service centers into the region. Vojvodina is perfectly positioned to become the preferred choice - serving as the gateway to European and other global markets. 

  •     Outstanding pool of highly-qualified, university-educated workforce
  •     Access to impressive multi-lingual competencies
  •     Low employee turnover rates in the sector
  •     Young-spirited and culturally vibrant region
  •     Same time zone as many West European countries (GMT+1)

Renewable energy

Vojvodina is the region with abundant potential in renewable energy sources. As a result of the national energy policy that calls for increased use of renewable resources in order to meet the EU directives, the renewable energy sector is beginning to take shape. 


  •     1.6 ha of arable land providing full value chain coverage
  •     easy access to raw material base – biomass logistic distribution center in Apatin
  •     great investment opportunities for sophisticated biomass boiler manufacturers

    Wind power

  •     a number of ideal locations for wind power plants
  •     average annual wind speed 6.27 m/s
  •     Solar energysignificant potential, with 20-30% higher insolation intensity than European average
  •     267 sunny days per year with average insolation 1,000 kwh/m2.


  •     estimated potential of small hydropower plants at about 20.2 MW 
  •     annual production of 90,730,000 kWh at 12 locations with 26 generators


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