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Vojvodina is an EU border region located in the northern part of the Republic of Serbia, bordering with Hungary, Romania and Croatia. Two major pan European transport routes (the river Danube and corridor 10) pass through it. Vojvodina is a gateway to the European Union for the countries of the Southeast Europe (SEE), facilitating faster integration of the SEE region into the European Union.
Vojvodina is the engine of Serbia’s economic development and a host region to some of the most renowned companies, such as Stada, Lafarge, Carlsberg, Erste Bank, Japan Tobacco International, Henkel, Anheuser-Bush InBev, Nordzucker, Coca Cola, Saint Gobain, Loher GmbH, Groupe Lohr, Boxmark, Credit Agricole and many others.
Vojvodina is proud to be recognized as the place to make a profit, as some of the investors mentioned above are already reinvesting to expand their production capacities.
Vojvodina Investment Promotion - VIP offers you the assistance in developing the investment projects in the best way and support in exploring business opportunities in sectors of high development potential, such as agribusiness, electro-mechanical/automotive industry, ICT, logistics and export processing zones, real estate, tourism and shared business services.
Vojvodina is a member of the DKMT Euro region - (Danube – Kris – Mures – Tisa) that covers southern Hungary, western Romania and Vojvodina (northern Serbia) which aims to foster the cooperation and development within the region. Vojvodina has adopted the The Europe of regions concept that promotes the role and importance of regions in enhancing their competitiveness. Moreover, with the support of relevant institutions, Vojvodina is implementing the Integrated Regional Development Plan (2004-2009), which is a multi-sector action plan towards the socio-economic regionalized development.
The rapid growth of the private sector is a trend in Vojvodina –especially the SME sector. The ICT sector is competitive and developing at the 30% annual growth rate. The regional government of Vojvodina is exerting major efforts to support SMEs through development of business incubators and other business support services.
Novi Sad, the capital of Vojvodina and the second largest city in Serbia, is the significant industrial and financial center of the Serbian economy with rapid growth and development of the economy. It is positioned at the intersection of Corridor 10 and Corridor 7, as well as on the river Danube and the canal Danube – Tisa – Danube. Novi Sad is a host to two major manifestations: the EXIT Festival - the largest music festival in South Eastern Europe and The International Agricultural Fair – one of the largest European events of this type.
Human resources are one of the most important assets of Vojvodina region. Well-educated young professionals who have high proficiency in English are looking forward to working for foreign companies and gaining valuable experience. Improvement of the quality of education and human resources is one of the priorities of the Integrated Regional Development Plan of Vojvodina.
The region of Vojvodina provides a secure investment environment, guaranteed by legislation that is in line with EU practices and by the national and regional governments that are willing to assist foreign companies in the FDI establishment process.
Find out more about Vojvodina’s hot spot for profit before your competitors! Exceed your expectations!
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