Territoria Investment Profile

Novi Sad

Location: Vojvodina, SerbiaPopulation: 341,625Area: 702 km²

Workforce Availability8/10

Infrastructure Score7/10

Cost Competitiveness8/10

Business Environment8/10

Investment Overview

Novi Sad is a fast-growing regional centre with strong talent, services and manufacturing potential.

Municipality Details

Municipality Websitehttps://novisad.rs

Investor Officehttps://novisad.rs/eng/invest

Investment ContactInvestment Support Desk

Investment Contact Information+381 21 420 066

Talent & Demographics

Labor Force165,000

Unemployment Rate7.8%

Average Age41.8

University Graduates42,000

Vocational Graduates30,000

Higher Education Share36%

Secondary Education ShareN/A

Primary or Lower Education ShareN/A

Connectivity

Nearest AirportBelgrade Nikola Tesla Airport

Airport Distance85 km

Closest Capital CitiesBelgrade 95 km; Budapest 300 km; Zagreb 380 km

Transport LinksMotorway, Danube river port, rail corridor

NO Highway Access
NO Rail Connection
NO Port Access

Utilities & Digital Infrastructure

Electricity Reliability99.1%

Broadband Coverage96%

Avg. Internet Speed88 Mbps

Utility OperatorsEPS, public utilities, telecom operators

YES Industrial Water Supply
YES Natural Gas Access

Costs & Business Environment

Avg. Industrial Rent€4.2/m²/mo

Avg. Office Rent€11/m²/mo

Avg. Gross Wage€980/mo

Corporate Tax Rate15%

Electricity Cost€0.13/kWh

Investment & Economy

Foreign Direct InvestmentN/A

FDI per CapitaN/A

Gross Value AddedN/A

GVA per CapitaN/A

Real Estate & Zoning

Industrial Zones6

Available Land310 hectares

Avg. Land Price€65/m²

Business ParksYES

YES Greenfield Sites
YES Brownfield Sites

Quality of Life

Hospitals10

Universities1

International Schools3

Air Quality Index81

Green Space per Capita34 m²

Local Government Capacity

Avg. Permit Time28 days

Response Time2 days

YES Investor Office
YES English Support
YES Incentives Available