U.S. NCR to invest EUR 5 million in production of devices for financial transactions in Serbia

The U.S. company NCR, leader in the production of electronic devices for financial transactions for people and businesses, is going to invest over EUR 5 million in the first phase of its operations in Serbia, Serbian Minister of Economy Nebojsa Ciric told Blic daily.

NCR will open its first office in Belgrade in late February 2012. The company plans to hire 300 people, giving priority to those with a university degree because NCR wants its staff to include minimum 200 engineers.

- The company will open a high-technology call center to cover a part of Europe, northern Africa and the Near East. The job of operators at that call center will be to explain people in, for example, Bulgaria how to repair a broken ATM. NCR will also open a research center and hire people from Serbia to work on new software solutions - said Ciric.

He explained that Serbia was not the only option that NCR had taken in consideration when choosing a country to invest in. People from that company earlier visited several European countries whose incentives for investors are as serious as those offered in Serbia.

- NCR has chosen Serbia after all, and one of the main reasons was the quality and experience of local people and their good knowledge of English language. Besides, a positive opinion also came from the US Embassy to Belgrade - Ciric explained, adding that talks about incentives for NCR's investment in Serbia would start in the near future.