The municipality of Ruma (60,000 inhabitants) which is located close to Belgrade (50 km) and Novi Sad (35km) has just uploaded to Youtube a new promotional video. It’s a video very well done that shows why investors choose to invest in Ruma, and why more investors should invest in the municipality of Ruma. Great video!…
French automotive company Mecaplast, specialized in automotive industry, has opened a new factory in Zrenjanin (east of Belgrade). Over 10 million euro ($13.3 million) have been invested so far in the project, and the factory will employ 120 employees. This factory will produce plastic parts for automobiles mainly intended to the FIAT factory located in…
Investing in Serbia is not a bad idea. U.S. Cooper Tire & Rubber Company chose to invest in Serbia for good reasons. U.S. Cooper Tire & Rubber Company announced a grand opening ceremony was held today at its recently acquired tire manufacturing facility in Kruševac, Serbia. Cooper Tire Serbia becomes Kruševac’s second-largest employer, providing tires…
Dr. John Roncucci of Italian Roncucci & Partners Group (www.roncucciandpartners.com) which operates in Serbia since 2003 as a consultant to international financial institutions and consultant for businesses said: Serbia is today a stable, democratic country, characterized by fast economic growth. As a result of measures introduced in recent years to create favorable conditions for foreign…
Slovenia’s biggest household appliance maker Gorenje has recently launched its plastic sink plant, and washing machine assembly line in the Serbian town of Zaječar. This is Gorenje’s third manufacturing facility in Serbia. Gorenje’s other facilities in Serbia include refrigeration appliances plant in Valjevo, water heater plant in Stara Pazova, sales company in Belgrade, and a…
Back in 2008, I wrote about Ball Packaging Europe, the German-based subsidiary of the U.S. Ball Corporation, pointing out that “Ball Packaging Europe has been one of a few foreign investors that really understands how the Serbian investment climate has been changing, and has moved to take advantage of that.” Ball Packaging Europe is now…
Ivica Milaric, a freelance journalist currently living and working in Serbia, put up an interesting blog post over at Experiences Serbia, talking about the investment opportunities in Vojvodina, the northern province of Serbia. He notes that Vojvodina offers excellent possibilities for investments, and argues that Vojvodina should take the lead in its own promotion. Well,…
