1. INVESTMENTOPPORTUNITIES IN VOJVODINA VOJVODINA INVESTMENT PROMOTION – VIP Branislav Bugarski, VIP CEO

2. DICTANCES FROM MAJOREUROPEANCITIES DICTANCES FROM MAJOR EUROPEAN CITIES

3. Over 230 companies € 6.4 billion & 63,500 employees SUCCESS STORIES SUCCESS STORIES

4. MARKET ADVANTAGES CEFTA – FTA – 28.98 million EFTA – FTA – 12.6 million RUSSIA – FTA – 140 million TURKEY – FTA – 76.8 million BELARUS – FTA – 9.6 million EU – preferential status USA – preferential status CONSUMER MARKETS:

5. TAX RATES BENCHMARK SALARY TAX IN CEE COUNTRIES (%) CORPORATE PROFIT TAX (%)

6. AVERAGE SALARY IN VOJVODINA, 2011 NET Salary (EUR) % 362.43 Personal Income Tax 12.00 51.97 Contributions* (employee) 17.90 90.35 GROSS Salary (EUR) 504.75 Contributions* (employer) 17.90 90.35 TOTAL COST (EUR) 595.10 QUALITY WORKFORCE *CONTRIBUTIONS (EMPLOYEE & EMPLOYER) Pension and disability insurance 11% 55.52 Health insurance 6.15% 31.04 Unemployment insurance 0.75% 3.79 Contributions (EUR) 17.90% 90.35

7. EMPLOYMENT SUBVENTIONS NATIONAL EMPLOYMENT SERVICE GOVERNMENT OF THE AP VOJVODINA GOVERNMENT OF THE REPUBLIC OF SERBIA € 2,000 - € 10,000 per employee (over 50 new employees) € 1,300 - € 1,500 per every new job created Subventions for traineeship programs € 900 for co-financing retraining programs 1,000 – 4,000 per employee

8. INVESTMENT OPPORTUNITIES AGRIBUSINESS AGRIBUSINESS MACHINE & METAL PROCESSING MACHINE & METAL PROCESSING AUTOMOTIVE AUTOMOTIVE COMPONENTS INDUSTRY ELECTRONIC & ICT ELECTRONIC & ICT PHARMACEUTICAL INDUSTRY PHARMACEUTICAL INDUSTRY

9. Arable areas covering 1.78 million hectares - 89% of the total land The region is rich in water - rivers the Danube, the Sava and the Tisa flow through Vojvodina 40% of total industrial production and 30% of total export TOP EXPORT COUNTRIES Romania, Hungary, Italy, Slovenia, Bulgaria, Greece, Germany, Austria, Belgium and Holland AGRIBUSINESS 50 FOREIGN COMPANIES 50 FOREIGN COMPANIES € 2.05 BILLION 12,000 PEOPLE

10. MACHINE & METAL PROCESSING 37 foreign companies, 385 milion Euros & 5,000 employees Average total cost: € 462 (Net € 307)

11. “Just–in-time” and “just-in-sequence” possibilities AUTOMOTIVE SUPPLY INDUSTRY Average total cost: € 405 (Net € 250) Number of employees: 8,548

12. ELECTRONICS & ICT Trim your operating costs, increase work productivity, maintain quality EMS sector Intensive development of EMS sector 1,000 students in Electrical Engineering and Computer Science 1,000 students in Serbia graduate in Electrical Engineering and Computer Science = 7% of total university graduates 68% of the market value comprises equipment, 20% are services, and the remaining 12% goes to packet software ICT Cluster - 28 companies employ 1,500 engineers EUR 44 million in annual turnover ICT Cluster - 28 companies in Vojvodina which employ 1,500 engineers, and in 2010 have had over EUR 44 million in annual turnover

13. Rising market volume trend with intensive R&D investments Approx. 10 % of total FDI inflow - € 530 million; 2,381 employees Estimated 10% annual production growth rate Investment opportunityPrivatization of Jugoremedija Investment opportunity: Privatization of Jugoremedija Cost effective healthy investments committed to high quality standards Number of employees : 3,087 PHARMACEUTICAL INDUSTRY

14. → → Location Marketing → → “Tailor made solutions” for potential and existing investors → → After Care → → Policy advocacy → → Development of business incubators Vojvodina Investment Promotion - VIP

15. Vojvodina Investment Promotion – VIP Narodnog fronta 23d, 21000 Novi Sad, Serbia Tel: +381 21 472 3241 Fax: +381 21 472 1921 E-mail: office@vip.org.rs Web: www.vip.org.rs Thank you for your attention!