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Growth opportunities

SEE’s GDP grew faster than that of the EU in 2001-2017; predicted to accelerate in the years to come

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Ease of doing business

Starting a business in the SEE is the easiest compared to Latin America, East Asia and Pacific, Middle East and North Africa in terms of days and procedures

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Strong investors’ confidence

Strong investors’ confidence in the SEE - bringing steady above US$4.5bn per year to the region in the period 2013-2017

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Continuous improving

Continuous improving business environment – Doing business ranking in 2017 shows major progress of the region compared to 2008

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Strategic location

Access to EU market, Russia, Middle East via Turkey; strategic location for investment and trade opportunities and abundance of geo-natural resources

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Skilled workforce

Availability of skilled workforce across various sectors, particularly manufacturing, ICT, further strengthens region’s FDI regime

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Competitive lending rates

SEE region offers competitive lending rates, lower than major emerging markets such as BRICS

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Emerging innovation hub

SEE is emerging as an innovation hub with smart and innovative technology solutions

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GDP USD 11.87 billion
GDP per capita USD 4,126
population 2,876,000
FDI (2012 - 2016) USD 5,300 million

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GDP USD 16.55 billion
GDP per capita USD 4,298
population 3,854,000
FDI (2012 - 2016) USD 1,755 million

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GDP USD 6.62 billion
GDP per capita USD 3,602
population 1,839,000
FDI (2012 - 2016) USD 1,189 million

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GDP USD 10.91 billion
GDP per capita USD 5,264
population 2,073,000
FDI (2012 - 2016) USD 1,387 million

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GDP USD 4.18 billion
GDP per capita USD 6,707
population 623,000
FDI (2012 - 2016) USD 2,489 million

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GDP USD 37,75 billion
GDP per capita USD 5,348
population 7,058,000
FDI (2012 - 2016) USD 9,994 million

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Why SEE

SEE region is one of the fastest growing regions in Europe, with rates forecasted at 3%-4%. In addition, the region is marked by overall macroeconomic stability featured by low inflation, low budget deficit and stable public debt. SEE region’s economies are continuously improving their business environment, offering a favorable cost structure — characterized by comparatively low labor and utility costs, and a favorable tax regime. SEE’s location provides easy connectivity for trade and transportation, with great position to serve the markets of the EU, Russia, Turkey, the Middle East, and Northern Africa.

Favorite tax

Favorable tax regime & Attractive lending rates

Strategic

Strategic location & Interconnected region

Skilled

Skilled workforce

Abundance

Abundance of geo natural resources


Lending rates in the SEE region compared to BRICS

Brasil
6.8%
Russia
7.5%
India
6.0%
China
4.4%
South Africa
6.8%
Albania
1.3%
Bosnia and Herzegovina
3.9%
Macedonia
3.3%
Serbia
3.5%
Source: Bloomberg L.P and local central banks
Note: No data for Montenegro and Kosovo since they adopted euro as their national currency

GDP growth rate (in %)

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Source: EBRD, Transition Report 2017-18

Fiscal balance, % of GDP

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Source: World Bank, Western Balkans Regular Economic Report, No 12

FDI inflows, in USD millions

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Source: UNCTAD, Investment Report 2017

Public debt, % of GDP

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Source: World Bank, Western Balkans Regular Economic Report, No 12

Credit ranking by Standard & Poor's

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Doing business rank

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Source: World Bank - Doing Business Report

Latest updates

New Industrial Zone in Prokuplje

New Industrial Zone in Prokuplje

A new industrial zone, Hisar, will be built in Prokuplje. The industrial zone will cover 16 hectares.

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Office-residential complex K-District in Dorćol

Office-residential complex K-District in Dorćol

The construction of the office-residential complex K-District in Bulevar Vojvode Bojovića Street in Dorćol, Belgrade, has officially begun with the mounting of the crane and the arrival of building machines.

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Construction land Block 53

Construction land Block 53

Beoland issued an invitation to competitive bidding for the sale of the public construction land in Block 53, New Belgrade, owned by the City of Belgrade.

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Six garages in Novi Sad

Six garages in Novi Sad

The City of Novi Sad has opened a non-binding public call for the collection of letters of interest for the designing, financing, building, maintenance and management of garages on the territory of the City of Novi Sad.

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Belgrade-Budapest high-speed railway by 2023

Belgrade-Budapest high-speed railway by 2023

The reconstruction of the railway from Belgrade to the Hungarian border, which will bring  traveling speeds up to 200 km/h

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Water Plant in Kikinda

Water Plant in Kikinda

It is expected that Kikinda will open an international tender for the contractor for the installation of a facility for the filtering of drinking water in 2019.

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Beta News

Experience Western Balkans 6 in a short video

Investors' confidence

“ Overall experience during Ball`s operation in Serbia is of course very positive. The biggest strength is that the regional market is slight ahead of European average regarding beverage consumption growth and operations can work with optimum cost base. No less significant is the availability of skilled and dedicated employees. I am very pleased that Serbia and our valuable people have proven that the systemic planning of an US company in synergy with dedicated and professional staff can boost business to the highest level and bring world-class results. ”

BRANISLAV SAVIĆ, CEO, BALL CORPORATION

Partners

Ebrd

Strategic partner

Karanovic Nikolic

Content partner

Confida

Content partner

I&F McCann

Communications partner