Ub - Investor's Guide

Ub

Good investment conditions The Municipality of Ub has provided incentives for investment through reduced obligations The municipality of Ub is located in western Serbia and covers an area of 456.7 km2. It is within close proximity of Belgrade, giving it a geo-strategic advantage over other municipalities in the Kolubara District. The municipality has around 34,000 inhabitants (2002 census), with 6,300 living in the Town of Ub and some 27,700 inhabitants in the municipality’s 37 other settlements. The municipality’s central and north-eastern parts are mainly flatlands; riverbank plains beside the Tamnava, Ub and Kladnica. Ub is a well connected by road to nearby municipal hubs, regional industrial centres and major cities. A network of regional roads link the municipality to the main road M-4, M-21, M-22 and M-19, and onwards to all other cities in the Republic of Serbia. Municipal economy The municipality is rich in mineral raw materials, boasting deposits of gravel, sand, heatresistant clay, lignite and building stone. It also offers water sources that are still untapped. The area configuration and characteristics are suitable for the development of agriculture, with a high percentage of fertile land in the municipality and other forested areas. The villages surrounding Ub town specialise in agricultural cultivation within plasticized greenhouses. The lower parts of the river valleys offer the most fertile land for agriculture, while the hilly terrain is suitable for orchards. In 2007 there were 151 active companies in the municipality: 143 classed as small enterprises (up to 50 employees) and eight as medium-sized firms. Ub has a total of 1,851 employees (2007 figures), with 986 in small companies and 865 in medium-sized companies. Average gross earnings per capita in 2007 amounted to 37,496.00 dinars per month. Total income generated in 2007 was 6,715,392,000.00 dinars, while total expenditure accounted for 6,459,137,000 Companies based in the municipality of Ub generated profits worth 256,255,000 dinars. The greatest revenue, expenditure and profit margins were seen in the processing industry, while the greatest losses were in the field of transport and the real estate business. The total value of Ub’s foreign trade exchange in 2007 was $6.2 million, 43% of which came from EU countries. Exports were valued at $3.8 million and imports at $2.4 million, creating a foreign trade exchange surplus worth $ 1.4 million. The most important export items are plastic products ($1.3 million), construction materials ($1.1 million) and meat ($ 0.5 million), followed by aluminium, iron and steel products.

1

Employment growth of 8.8%, or 322 workers, was achieved in 2007. This left a total of 3,988 citizens registered as employed (of which 1,047 were classed as self-employed) and 2,364 unemployed jobseekers in the Ub Municipality. Industrial zone The Municipality has adopted an urban plan for an industrial zone to be built on the area of 70 hectares alongside the road Ub - Obrenovac - Belgrade. Local authorities only own about five hectares of the 70-hectare site, with the rest belonging to Energoprojekt, Plam Isotherms and the private sector. The zone is fully equipped with communal infrastructure. The Ub East Industrial Zone is to be located along the projected route of the future Zagreb South Adriatic highway and the required land has already been expropriated. Investor incentives The Municipality of Ub has provided incentives for investment through reduced obligations to pay property taxes, local utility charges, fees for reassigning construction land; offering compensation for arranging construction land, compensation for environmental protection and improvement, exemptions from municipal administrative fees and construction land lease charges. In addition, the municipality offers partial compensation for the land use change and urban development plans. The municipality also offers special benefits for investors hiring new employees, while prospective investors can also count on obtaining all necessary permits and documentation in a very short period of time. More than 2,000 local people are engaged in sport and by year’s end a modern sports hall will be completed. Ub also offers a city pool and lakes Viš in Paljuve and Fazanerija. CONTACT Vladislav Krsmanović, Municipal President 3. October 4, 14210 Ub Tel: +381 (0) 64 816 0713 Email: [email protected] Stefan Teodosić, Department for the Economic Affairs 3. October 4, 14210 Ub Tel: +361 (0) 14 411 622 Mob: +381 (0) 64 816 0715 Email: [email protected] www.opstinaub.org.rs www.gradub.info Languages: Serbian, English, French & Italian

2