BELGRADE – CITY OF THE FUTURE IN SOUTHERN EUROPE
Belgrade is developing at a vigorous rate into one of the most attractive investment locations in this part of Europe. The capital of Serbia has, since the inception of the democratic reforms of 2000, attracted more than 3.5 billion dollars of direct foreign investments, primarily in the service sector, such as banking, retailing and telecommunications, but also in other industries, such as property development and manufacturing.
Today a large number of multinational companies are based in Belgrade: Telenor, Mobilkom Austria, Banca Intesa, Metro Cash & Carry, Microsoft and Ball Packaging Europe etc.
The best affirmation of the great business potential of Belgrade was the City of the Future in Southern Europe prize, awarded in 2006 by the prestigious FDI Magazine, published by Financial Times. From among competing cities from Slovenia, Croatia, Bosnia and Herzegovina, Macedonia, Albania, Bulgaria, Romania, Greece, Turkey, Cyprus and Malta, the Serbian capital was selected on the basis of a range of positive indicators such as:
– economic potential,
– operating costs,
– human resources,
– transport network,
– information and communications technology,
– quality of life
– investment promotion strategy.