Investment Overview
Novi Sad is a fast-growing regional centre with strong talent, services and manufacturing potential.
Municipality Details
- Municipality Website
- novisad.rs
- Investor Office
- novisad.rs/eng/invest
- Investment Contact
- Investment Support Desk
- Investment Contact Information
- +381 21 420 066
Talent & Demographics Population: 341,625
- Labor Force
- 165,000
- Unemployment Rate
- 7.8%
- Average Age
- 41.8
- University Graduates
- 42,000
- Vocational Graduates
- 30,000
- Higher Education Share
- 36%
- Secondary Education Share
- N/A
- Primary or Lower Education Share
- N/A
Talent & Demographics Snapshot
Connectivity Airport: Belgrade Nikola Tesla Airport
- Nearest Airport
- Belgrade Nikola Tesla Airport
- Airport Distance
- 85 km
- Closest Capital Cities
- Belgrade 95 km; Budapest 300 km; Zagreb 380 km
- Transport Links
- Motorway, Danube river port, rail corridor
- Highway Access
- Rail Connection
- Port Access
Utilities & Digital Infrastructure Gas network: YES
- Electricity Reliability
- 99.1%
- Broadband Coverage
- 96%
- Avg. Internet Speed
- 88 Mbps
- Utility Operators
- EPS, public utilities, telecom operators
- Industrial Water Supply
- Natural Gas Access
Utilities & Digital Infrastructure Snapshot
Costs & Business Environment Avg. gross wage: €980/mo
- Avg. Industrial Rent
- €4.2/m²/mo
- Avg. Office Rent
- €11/m²/mo
- Avg. Gross Wage
- €980/mo
- Corporate Tax Rate
- 15%
- Electricity Cost
- €0.13/kWh
Costs & Business Environment Snapshot
Investment & Economy
- Foreign Direct Investment
- N/A
- FDI per Capita
- N/A
- Gross Value Added
- N/A
- GVA per Capita
- N/A
Real Estate & Zoning Industrial zones: NO
- Industrial Zones
- 6
- Available Land
- 310 hectares
- Avg. Land Price
- €65/m²
- Business Parks
- YES
- Greenfield Sites
- Brownfield Sites
Real Estate & Zoning Snapshot
Quality of Life Universities: 1
- Hospitals
- 10
- Universities
- 1
- International Schools
- 3
- Air Quality Index
- 81
- Green Space per Capita
- 34 m²
Quality of Life Snapshot
Local Government Capacity Investor office: YES
- Avg. Permit Time
- 28 days
- Response Time
- 2 days
- Investor Office
- English Support
- Incentives Available