Vojvodina is the northern part and the EU border region of the Republic of Serbia. With its long industrial tradition, well developed educational system, and innovation stimulating environment it is considered to be the engine of Serbia’s economic development. As a result of its advanced hi-tech culture that positively supports an aptitude for quickly applying new technologies, Vojvodina continues to significantly contribute to Serbian GDP creation.
The ideal geographic location of Vojvodina region, covering 21,506 square kilometers, provides excellent opportunities for production sites, logistics, and export processing zones. In addition to various Free Trade Agreements, many benefits originating from its favorable location, including the two major Pan-European transport routes (Corridor 10 and Danube River), are readily available to all the companies doing business in Vojvodina.
The region of Vojvodina provides a sound investment environment guaranteed by the legislation that is in line with the relevant EU practices. Along with the number of government initiatives to proactively facilitate the FDI inflow, Vojvodina offers an outstanding support system for growing your profits, increasing productivity, and boosting competitiveness.
Vojvodina is among the most culturally vibrant places in the region. It is a home to 26 different nationalities where 6 official languages are in use. This magnitude of multicultural density is what guarantees continuous supply of fresh perspectives and an ever-enduring exchange of creative ideas between people that share the same values of inclusive, cohesive, and open society.
If you're looking to sharpen your competitive edge and get a step ahead of your competitors – Vojvodina is the right place to grow your profits.
More than 320 foreign companies have invested 8.4 billion EUR in Vojvodina and employ more than 70,000 people.
Free trade agreements RUSSIA (140 million), preferential status with EU and USA, CEFTA (28.98 million consumers), EFTA (12.6 million), TURKEY (76.8 million), BELARUS (9.6 million).
Low operating costs and generous incentives package.
Quality workforce. Employment subsidies.
Premium greenfield and brownfield locations.