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TO MAKE YOUR BUSINESS GROWSoutheast Europe is the region with the highest growth in Europe. For companies that seek to start or expand their businesses in this region, Serbia is the place to be . for a number of reasons. Serbia and Montenegro is the only country outside of the Commonwealth of Independent States (CIS) that enjoys a free trade agreement with the Russian Federation, offering customs.free access to its market of 150 million people! Furthermore, Serbia is in the middle of the South East Europe Free Trade Area that provides duty.free access to a potential market of 55 million people. The local Serbian market itself is among the largest in the region (7.5 million people). The Serbian economy grew by 7.6% in 2004, and is expected to sustain high growth rates, leading to a significant increase in purchasing power and expansion of the domestic market.TO BENEFIT FROM EXCEPTIONAL HUMAN CAPITAL AT COMPETITIVE COSTSEvery year thousands of young graduates leave universities and colleges in Serbia. Highly educated people who arereceptive to new technologies, familiar with IT, and well.versed in foreign languages, represent Serbia.s true capital. Furthermore, Serbia possesses a skilled and productive workforce with a wealth of experience, both in management and manufacturing. A tradition of cooperation with foreign companies and decades of openness towards Western culture and values have left a mark on their skill.set. This exceptional human capital is available at very competitive prices. Labor costs in Serbia are among the lowest in the region, and are significantly lower than those in the EU member countries. TO EASILY SERVE YOUR EU CUSTOMERSBy operating in Serbia, a company can enjoy easy access to the EU market, while benefiting from lower productioncosts. Bordering Hungary, Serbia is at the doorstep of the EU. It is also a gateway between South East Europe, Western and Central Europe, and an intersection of the two most important transportation corridors connecting Western Europe and the Middle East (Pan.European corridors No. 10 and No. 7). By investing in Serbia a business could effectively serve its European and Middle.eastern customers, thus enhancing its profitability. TO BOOST YOUR COST EFFECTIVENESSThe tax regime in Serbia is the most favorable in the region. Some of its features include:
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TO MAKE YOUR BUSINESS GROWSoutheast Europe is the region with the highest growth in Europe. For companies that seek to start or expand their businesses in this region, Serbia is the place to be . for ...
