Karaca Group shares knowledge and experience in facilitating trade and encouraging investment in Serbia.
Serbia is located in the central part of the Balkan Peninsula, on the most important road routes connecting Europe and Asia, and occupies an area of 88,361 square kilometers.
Because of this position, Serbia is not bypassed by important historical events, but on the other hand, it turned out that Serbia is an unavoidable trade route, which certainly affected its economic importance.
Even today, that importance does not diminish in terms of economic potential. The National Bank of Serbia states that in 2022, the inflow of foreign direct investments reached 3.011 billion euros.
We saw Serbia as a country with good strategic position,
adequate infrastructure and great human resource potential.
Being at a unique position in the European market, Serbia
offers diverse possibilities and, above all, high quality
workmanship.
The goal of Group Karaca is to bring together manufacturers, retailers, wholesalers, importers and exporters in Serbia and increase their trade and production. Also, among our clients can be found national small and medium-sized enterprises, micro-manufacturers and entrepreneurs who can, with our help, reach different markets by connecting with regional and global production chains.
According to the "IBM Global Location Trends 2020" report, Serbia is the world leader for the fourth year in a row in terms of the number of jobs created through foreign direct investment (FDI) projects in 2019, and in terms of population.
By the end of 2020, 22 contracts have been concluded, worth around 1.6 billion euros, which are planned to create 5,906 jobs. In 2021, 50 investment contracts were signed, which foresee the creation of over 8,700 jobs.
In the Republic of Serbia, incentives for direct investments are available to domestic and foreign companies under equal conditions.
Since the beginning of economic reforms, Serbia has become one of the most attractive locations for investment in Central and Eastern Europe. Leading global investors who chose Serbia are successful companies such as Bosch, Michelin, Siemens, ZF, Panasonic, Brose, Toyo Tires, NCR, Cooper Tire, MTU, Microsoft, Continental, Gorenje, Schneider Electric, Yazaki, Johnson Electric, Barry Callebaut, Leoni, Magna and many others.
The existence of educated and skilled workforce, incentives to investors, and the free trade agreements with the Russian Federation and Turkey, as well as developed infrastructure and favorable geographical position were the key factors for Grundfos investment to Serbia.
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