Serbia attracts more than EUR 1.9 billion of direct foreign investments in 2016 – Each third investor looking to reinvest

Direct foreign investments in Serbia amounted to more than EUR 1.9 billion in 2016, Milun Trivunac, State Secretary at the Ministry of Economy, stated on Monday, May 22, 2017.

He said at the “Vienna Economic Talks – Belgrade Meeting” event, organized by the Vienna Economic Forum in cooperation with the Serbian Association of Economists, that, thanks to the incentives provided by the government, the value of the projects had amounted to EUR 470 million since 2015 and that 28,000 people should be employed.

As he said, from the beginning of 2016 till May 2017, the incentives secured around EUR 300 million of investments, which will lead to the creation of 20,566 new jobs. According to him, a third of investors are looking to reinvest in Serbia.

He said that there were efforts to solve the problem of state companies and that there were parties interested in the petrochemical complex. He also said he expected the situation in RTB Bor and Galenika to be solved as well.

Ministarstvo privrede Republike Srbije

Galenika a.d. Beograd

Serbia Zijin Copper doo Bor

Savez ekonomista Srbije Beograd

direct foreign investments in Serbia

Milun Trivunac

Vienna Economic Talks

Vienna Economic Forum

incentives for investors