THE CITY OF NOVI SAD

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Position

Novi Sad is the largest city of the Autonomous Province of Vojvodina, the Northern province of Serbia and administra­tive center of South Bačka District. The city is located on the border of Bačka and Srem, on the banks of the Danube and the Small Bačka canal, in the Pannonian plain and the Northern part of Fruška Gora . Besides the urban area of the city Novi Sad on the left bank of the Danube, Petrovaradin and Sremska Kamenica on the right bank of the river Danube also belong to the urban area of the city , which make a single unit with the rest of the city. With 15 suburban areas, the municipal area of Novi Sad covers an area of 702.7 km², while the core area of Novi Sad with Petrovaradin and Sremska Kamenica covers an area of 129.4 km ². Longitude is 45 ° 15 '18 "N and latitude 19 ° 50' 41" E.

Population

Population

299294

at 1 km²

468

average age

39,50

employed

151,369

unemployed

26,047

average salary (neto)

445 eur

number of Primary schools

36 (26,079 students)

number of Secondary schools

23 (16,965 students)

 
Infrastructure

Novi Sad is located at the crossroads of inland water­ways and therefore has a very favorable geo-strategic position. Novi Sad is a major road and rail junction, the territory of the City crosses Corridor X, which connects by the highway E-75 and the international highway E-70 Novi Sad with the Northwest Europe on the one hand, and the Southeastern part of Europe and Asia Minor on the other. Novi Sad is a port of the river and canal traffic corridor VII, the River Danube is connected with the River Rhine and Maina who are the main waterway on the continent,and it offers additional benefits for business. At the area of the city are three international river pier and port equipped infrastructure with reloading and storage capacities. The nearest airport is the international airport "Nikola Tesla" in Belgrade, 80km away, and 16km from the city center there is a sport airport "Čenej."

Economy

Novi Sad has a total of 7586 companies, predominantly in private ownership, 0.94% are the large ones, 3.74% me­dium and 95.32% small businesses. It has 13 941 entre­preneurs. The dominant sectors are trade, transport and manufacturing (especially food, beverages, tobacco, pa­per and pulp). Novi Sad has 28 banks and 19 insurance companies.

Investment opportunities

The city of Novi Sad offers several attractive locations in working zones, suitable for a wide range of activities – conducting business, catering, production, storage, sec­ondary and tertiary sector activities....Depending on the geographic position of a location, soмe have full and oth­ers have partial infrastructure. There is the possibility of re­sizing land plots, provided that one land plot occupies at lEast 2,000 square мetres. There are greenfield investмent locations in the Free Zone (situated in the Danube port coмplex). The Novi Sad Free Zone offers the possibility of an investor leasing storage and office space. Potential investors can partici­pate in public auctions at which they can sell or lease land plots.

Novi Sad offers potential investors a highly- qualified work force, a good geographic position, and access to a custoмs-free market of nearly a billion consumers. Aside froм these benefits, city authorities also offer special investмent incentives – the land developмent fee can be reduced by 50%, provided that the investor builds a facili­ty worth over a мillion euros and that he creates at least 50 new jobs. If an investor is building a production hall or any other kind of production facility, the land developмent fee can be reduced by 50%, and if he pays the entire land developмent fee in one go, the fee will be reduced by 30%.

     efairSRB