International Business Sector 2017

INTERNATIONAL BUSINESS SECTOR

GUIDE

SERBIA 2017

Sustainable Political And Economic Cooperation, Reforms, Business Climate

12 EDITION th

OVER 40 OF THE HIGHEST POLITICAL OFFICIALS, FOREIGN ECONOMIC REPRESENTATIVES AND MORE THAN 2,500 FOREIGN COMPANIES, IN ONE PLACE

CONTENTS EDITOR IN CHIEF Saša Marić s.maric@aim.rs ART DIRECTOR Jasmina Laković j.lakovic@aim.rs EDITORIAL MANAGER Neda Lukić n.lukic@aim.rs PHOTOS Zoran Petrović TRANSLATOR/COPY EDITOR Mark Pullen PROJECT MANAGERS Biljana Dević b.devic@aim.rs Nataša Trifunović n.trifunovic@aim.rs Vesna Vukajlović v.vukajlovic@aim.rs

EW GOVERNMENT N BRINGS NEW ENERGY

ZORANA MIHAJLOVIĆ PH.D. SERBIAN DEPUTY PRIME MINISTER AND MINISTER OF CONSTRUCTION, TRANSPORT & INFRASTRUCTURE

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WE’LL BE EVEN MORE ATTRACTIVE FOR MAJOR FOREIGN PLAYERS

GORAN KNEŽEVIĆ SERBIAN ECONOMY MINISTER

Nevena Đurković n.djurkovic@aim.rs

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OFFICE MANAGER Svetlana Petrović s.petrovic@aim.rs

DANIEL BERG EBRD DIRECTOR FOR SERBIA

FINANCIAL MANAGER Dragana Skrobonja d.skrobonja@aim.rs EXECUTIVE DIRECTOR Maja Vidaković m.vidakovic@aim.rs GENERAL MANAGER Ivan Novčić i.novcic@aim.rs PRINTING Rotografika d.o.o.

Segedinski put 72, Subotica Guide to International Business Sector in Serbia 2017 published by: alliance international media Makenzijeva 67, 11000 Belgrade, Serbia Phone: +(381 11) 2450 508, Fax: +(381 11) 2450 122 E-mail: office@aim.rs www.allianceinternationalmedia.com ISSN no: 1451-7833 All rights reserved alliance international media

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INTERNATIONAL BUSINESS SECTOR IN SERBIA

MORE ROBUST GROWTH DEMANDS FURTHER REFORM

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I T IS TOO EARLY FOR LAURELS

ERIKA TEOMAN-BRENNER AUSTRIAN COMMERCIAL COUNSELLOR FOR SERBIA, MACEDONIA AND MONTENEGRO

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LOCAL COMPANIES ENDURE HIGH OPERATIONAL COSTS

JELENA KNEŽEVIĆ CERTIFIED AUDITOR, MANAGING DIRECTOR, LEITNERLEITNER

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EVELOPING A GOOD D NEIGHBOURHOOD TOWARDS THE EU

H.E. LEO VINCENT M. D'AES AMBASSADOR OF BELGIUM TO SERBIA

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CULTIVATING GOOD NEIGHBOURLY RELATIONS

SEBASTIAN SOSA IMF RESIDENT REPRESENTATIVE IN BELGRADE

H.E. LAZAR MIRKIĆ AMBASSADOR OF BOSNIA AND HERZEGOVINA TO SERBIA

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STRONGLY SUPPORTING SERBIA’S REFORM PATH

DUBRAVKA NEGRE EUROPEAN INVESTMENT BANK, BELGRADE

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PLENTY OF WORK AHEAD FOR SERBIA

H.E. JULIA FEENEY AMBASSADOR OF AUSTRALIA TO SERBIA

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TILL ROOM FOR S IMPROVEMENT

2017

FULLY IMPLEMENT THE EU ACQUIS

H.E. RADKO VLAYKOV AMBASSADOR OF BULGARIA TO SERBIA

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T AXPAYERS SHOULD BE TREATED FAIRLY AND TRANSPARENTLY H.E. PHILIP PINNINGTON AMBASSADOR OF CANADA TO SERBIA

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BELT AND ROAD” “ INITIATIVE LEADS TO BRIGHTER FUTURE TANG XIAODONG

ECONOMIC AND COMMERCIAL COUNSELLOR, EMBASSY OF CHINA TO SERBIA

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IMPORTANT ROLE OF SERBIA IN WB DEVELOPMENT

H.E. GORDAN MARKOTIĆ AMBASSADOR OF CROATIA TO SERBIA

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EY COUNTRY FOR K REGIONAL STABILITY

H.E. CONSTANTINOS ELIADES AMBASSADOR OF THE REPUBLIC OF CYPRUS TO SERBIA

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REGIONAL INTERCONNECTIONS PROVIDE STABILITY H.E. IVANA HLAVSOVÁ CZECH AMBASSADOR TO SERBIA

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I MPORTANT ROLE IN REGIONAL STABILITY

MORTEN SKOVGAARD HANSEN CHARGÉ D'AFFAIRES OF THE ROYAL DANISH EMBASSY

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LONG-TERM STRATEGY - KEY TO SUCCESS

H.E. PERTTI IKONEN AMBASSADOR OF FINLAND TO SERBIA

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STRENGTHEN REGIONAL AND EU COOPERATION

H.E. CHRISTINE MORO AMBASSADOR OF FRANCE TO SERBIA

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ERBIA - CHALLENGES S AND EXPECTATIONS

JELENA GAZIVODA SENIOR PARTNER, AND NIKOLA VUKOTIĆ, PARTNER AT LAW FIRM JPM

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SUPPORTING FURTHER ECONOMIC REFORMS AND REGIONAL COOPERATION

H.E. AXEL DITTMANN AMBASSADOR OF GERMANY TO SERBIA

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PARTNERSHIP BRINGS MUTUAL INTERESTS

H.E. DR OANA-CRISTINA POPA AMBASSADOR OF ROMANIA TO SERBIA

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OPENING LARGER SCALE TRADE AND BUSINESS OPPORTUNITIES

H.E. HARRY KANDOU AMBASSADOR OF INDONESIA TO SERBIA

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EW STRATEGY, N NEW FOCUS

CLEMENS SACHS, DIRECTOR AT LEONI WIRING SYSTEMS SOUTHEAST LTD.

ONNECTING ASIA AND C EUROPE

H.E. ELIAS ELIADES GREEK AMBASSADOR TO SERBIA

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SIGNIFICANT DEVELOPMENT OF ECONOMIC REFORMS

H.E. ATTILA PINTÉR AMBASSADOR OF HUNGARY TO SERBIA

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UGE HR POTENTIAL H IN TECH SECTOR

H.E. ALONA FISHER-KAMM AMBASSADOR OF ISRAEL TO SERBIA

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SERBIA STILL HAS LOTS OF UNEXPLORED POTENTIAL

H.E. GIUSEPPE MANZO AMBASSADOR OF ITALY TO SERBIA

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DEVELOPING THE ECONOMY ADVANCES THE INSURANCE SECTOR

DRAGAN FILIPOVIĆ PRESIDENT OF THE EXECUTIVE BOARD AND CEO OF GENERALI INSURANCE SERBIA

POLITICAL STABILITY: PREREQUISITE FOR SUCCESSFUL REFORMS

H.E. NARINDER CHAUHAN AMBASSADOR OF INDIA TO SERBIA

WE’RE HERE TO HELP

ENTURY OF SUCCESS C – AND COUNTING

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H.E. JUICHI TAKAHARA AMBASSADOR OF JAPAN TO SERBIA

TWO COUNTRIES' CLOSELY-LINKED INTERESTS

MR. ANDREY KHRIPUNOV TRADE REPRESENTATIVE OF THE RUSSIAN FEDERATION

UALITY OF LIFE Q DEPENDS ON INNOVATIVE MEDICINES

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ROUD OF RECORD P CLIENT GROWTH

MARIJANA VASILESCU CEO OF SBERBANK SERBIA

MARIJA KRSTIĆ GENERAL MANAGER OF GSK FOR SERBIA AND MONTENEGRO

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SOME HOMEWORK STILL NEEDS TO BE DONE

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LOVENIA’S INTEREST S = REGIONAL STABILITY

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BRANISLAV MARIĆ PARTNER, ZAJEDNIČKA ADVOKATSKA KANCELARIJA MARIĆ I MUJEZINOVIĆ IN COOPERATION WITH KINSTELLAR

CLIENTS’ EYES AND EARS

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H.E. VLADIMIR GASPARIČ AMBASSADOR OF SLOVENIA TO SERBIA

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SCANDINAVIANISM AND BALKANISM

H.E. ARNE SANNES BJØRNSTAD AMBASSADOR OF NORWAY TO SERBIA

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ETURNING TO A R GOOD TRADITION

H.E. TOMASZ NIEGODZISZ AMBASSADOR OF POLAND TO SERBIA

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MAINTAINING THE BALANCE OF PUBLIC FINANCES

H.E. AUGUSTO SARAIVA PEIXOTO AMBASSADOR OF PORTUGAL TO SERBIA

ONLY HARD WORK LEADS TO HIGH GOALS

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H.E. DAGMAR REPČEKOVÁ AMBASSADOR OF SLOVAKIA TO SERBIA

H.E. HENK VAN DEN DOOL AMBASSADOR OF THE NETHERLANDS TO SERBIA

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H.E. DENIS KEEFE AMBASSADOR OF THE UNITED KINGDOM TO SERBIA

NAOKI TSUKADA GENERAL MANAGER OF MITSUBISHI CORPORATION’S BELGRADE LIAISON OFFICE

SERBIA SHOULD LEARN FROM OTHERS’ SUCCESSFUL EXPERIENCES

H.E. TANJU BILGIÇ AMBASSADOR OF TURKEY TO SERBIA

CONOMIC E REFORMS SHOULD BE A LONG-LASTING PROCESS H.E. MIGUEL FUERTES SUÁREZ AMBASSADOR OF SPAIN TO SERBIA

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OLITICAL STABILITY: P PREREQUISITE FOR FURTHER DEVELOPMENT H.E. JAN LUNDIN AMBASSADOR OF SWEDEN TO SERBIA

JELENA MIHIĆ MUNJIĆ DIRECTOR, KRESTON MDM REVIZIJA

INTERNATIONAL STANDARDS ON THE LOCAL MARKET

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THE LEGAL PROFESSION IS MINING WORK

LAWYER DR NEMANJA ALEKSIĆ HEAD OF THE ALEKSIĆ AND ASSOCIATES JOINT LAW OFFICE, NOVI SAD

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CONTINUE WITH ECONOMIC AND STRUCTURAL REFORMS

REGIONAL ECONOMIC HUB

H.E. PHILIPPE GUEX AMBASSADOR OF THE SWISS CONFEDERATION

H.E. KYLE SCOTT U.S. AMBASSADOR TO SERBIA

GOOD NEIGHBOURLY RELATIONS TURKEY’S MAIN PRIORITY

2017

TEN YEARS OF IMPLEMENTATION

DR DEJAN JOVOVIĆ

INTERNATIONAL BUSINESS SECTOR IN SERBIA

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INTERVIEW

Zorana Mihajlović Ph.D.

Serbian Deputy Prime Minister and Minister of Construction, Transport & Infrastructure

New Government Brings New Energy W

e have proven possible many things that were unimaginable until a few years ago – says Zorana Mihajlović, Serbian Deputy Prime Minister and Minister of Construction, Transport and Infrastructure, quoting a series of examples from the work of her ministry.

I believe the new government will bring new energy and continue to implement reforms at an equally strong pace. My team and I will invest all the necessary energy, work and knowhow to connect Serbia with the region and the world. Another of our goals is for Serbia to enter the club of the world’s top 20 countries in terms of conditions for doing business

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● Do you expect the arrival of the new prime minister to bring new priorities for the government?

- I am convinced that the new government will bring new energy, but that the goals will remain the same.

I expect Ana Brnabić to continue leading the team gathered in the Government of Serbia along the road of further economic development, investments in infrastructure, the continuation of the existing foreign policy and European integration, but also the continuation of reforms initiated in the public sector and other areas. As one of the goals I would also emphasise exploitation of the full potential of China’s global project “One Belt - One Road”, in which Serbia is also is a part. This is a huge chance for Serbia that we should not miss.

But what we should not allow is for the new government to be slower than the existing one. However, knowing Ana Brnabić, with whom I worked on the improving of Serbia's position on the World Bank’s Doing Business list and the introduction of electronic building permits, I believe she will continue the launched reforms, and she will have my full support in that. ● How would you assess the overall economic situation in Serbia?

- The economic situation in Serbia has improved drastically in recent years, and there is evidence of that in almost every field. These results and conducted reforms have also been recognised and praised by in-

INTERNATIONAL BUSINESS SECTOR IN SERBIA

2017

ternational institutions like the IMF and World Bank.

First of all, the budget balance is not only good every year, but is also going beyond the plan. From a country that had falling GDP we have become a country that records constant GDP growth, even in years when fiscal consolidation is carried out.

In May we recorded a budget surplus that was about 60 billion dinars ahead of the plan for this year. We have reduced the unemployment rate from 23.1% in 2012 to around 14.6% at the end of the first quarter of 2017.

Serbia is today a country where over 200 kilometres of highway and nearly 300 bridges have been built in the past three years, a country where people are again working and building, and where a building permit can be obtained electronically in an average of five working days. Just according to criteria for issuing construction permits, on the last World Bank Doing Business we beat 150 countries – because that’s how many places we jumped with the introduction of e-permits. In the ministry that I head, we have enabled domestic companies to compete for jobs worth €977.7 million over the next two years, which will certainly invigorate domestic industry and consumer spending, and improve citizens’ living standards. ● Are you concerned by the slowdown in GDP growth and do you believe it is realistic to expect to achieve planned growth of 3.5%?

- There is no reason for concern, and that is confirmed primarily by the latest reports and analyses of the world's leading stakeholders. For example, in its May report the World Bank even raised its annual growth estimate for 2017 from the original 2.8% to three per cent, while the forecast for 2018 has been confirmed at an initial estimate of 3.5%. And the EU, following its analysis, announced excellent forecasts according to which Serbia’s GDP growth will be 3.2% this year and 3.6% next year. ● How much does the ineffective work of public companies burden the healthy part of the economy

ECONOMY

INFRASTRUCTURE

INVESTORS

The economic situation in Serbia has improved drastically in recent years, and there is evidence of that in almost every field

It is exceptionally important for Serbia, in both economic and political terms, to connect its infrastructure with the region and the world

All of our measures are aimed at attracting more investors and easing operations for those who already do business in our country

and will the Government finally address these essential reforms?

- The reform of public enterprises is also a task that we have committed ourselves to, under the auspices of the programme with the IMF. I will hold on in the department that I lead, where we have launched something that was unthinkable before us – comprehensive reform of the Serbian railway system. To date we have successfully implemented the reform of Serbian Railways JSC., the railway market has been opened up for the first time and we already have one private operator. The number of employees has been reduced by more than 3,000, while 1,090 kilometres of unprofitable railroads have been removed, a historical electricity debt of about five billion dinars has been settled, and for the first time an audit has been carried out on the property of the railway. ● Are you satisfied with the pace at which Serbia withdraws loans for large national development projects?

- When I took over as the head of the Ministry of Construction, I gave myself the task of completing the main transport directions, road and rail Corridor 10, in order for those travelling along the route from Eastern to Western Europe would choose Serbia, as the fastest and simplest route.

During 2014 and 2015 we completed all loans and started spending them. An example of this is the so-called Russian loan of $800 million plus Serbia's share of $141 million, which they withdrew slower than us. And today projects from the Russian loan have been contracted worth $696.5 million. All that remains is to contract another $244 million for works on the open rail track along the Belgrade-Stara Pazova section. This year alone, on a total of 30 projects financed by various loans, and whose implementation is controlled by my department, about 51 per cent of the planned funds had been withdrawn by 15th June, and an even better result is expected in the coming months, with the construction season in full swing.

The team that I lead has succeeded in speeding up works on the most important infrastructure projects. As a result of that, road Corridor 10 will soon be completed, after a wait of 30 years.

11, which will provide those traversing Serbia with route to Montenegro and the coast. Last year we opened to traffic about 40 kilometres of the highway from Ljig to Preljina, while this year I expect about 50 kilometres of Corridor 11, from Obrenovac to Ub and from Lajkovac to Ljig, to be completed. The Part of the road from Ub to Lajkovac was completed at the end of 2014, while we are still waiting for the completion of the highway section from Surčin to Obrenovac, as well as the part from Preljina to Boljar via Požega.

We want to build a Moravian corridor, or a 110km-long highway

We mustn’t allow the new government to be slower than this one, but knowing the Prime Minister I believe she will continue the launched reforms and in that she will have my full support

● Are works on the main road directions being carried out according to the planned schedule?

- The largest part of Corridor 10 is finished. The sections Crvena Reka-Čiflik and Čiflik-Staničenje, covering a distance of 24.5 km, will open in July. All that will remain for the beginning of the next year is a small part of the most difficult section through the Grdeličko Gorge.

In two years we have completed the construction of almost 200 kilometres of highway. We are also working faster on Corridor

that would connect more than half a million citizens who live between Čačak and Kruševac. That highway should connect the two most important roads in Serbia, corridors 10 and 11.

One of the priorities is the modernisation and reconstruction of the Belgrade-Budapest railroad. Everything is proceeding according to plan on the Serbian side, and we are even a few steps ahead of the Hungarian side. We soon expect the start of works on the Stara Pazova-Novi Sad section, while in November we expect the start of works on the Belgrade-Stara Pazova section. This railway route is very important for us, which is why we will start negotiations on how to effectively link the Belgrade-Budapest project with the port of Piraeus in Greece, because the essence of the entire project is to enable better transit from Greece through Serbia to the rest of Europe. We are talking about this with partners from China and Hungary, while we also plan to include Greece and Macedonia in the talks.

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● How much essential progress has been made in promoting the use of rail transport links and waterways, which are interesting to businesses due to more competitive prices?

- Competitiveness is not only a matter of price, but also technological and organisational advantages, which is why our efforts to raise competitiveness have already seen us reconstruct 127 km of railroads, with works underway on 85km, and we are also starting work on another 155 km of railroads this year. Reliability and safety have been improved, as well as the speed of trains, which have gone up from about 40-50km/h to 100-120km/h. We will carry out the reconstruction of the Belgrade-Budapest railway so that trains can travel at speeds of up to 200km/h.

Best testifying to how competitive the railroad Corridor 10 through

go, primarily related to the steel industry, and then to build the infrastructure for the Port of Apatin. ● Apart from road economies, what are the most important priorities of your ministry?

- It is exceptionally important for Serbia, in both economic and political terms, to connect its infrastructure with the region and the world, and in all jobs related to that my team and I will invest all the necessary energy, work and knowhow. Another priority is to reconstruct 1,100km of regional roads in Serbia, in which €400 million will be invested. In addition to the construction of roads and railways, we are also working on the development of airports in Serbia. This autumn I expect to sign a contract on a concession for Belgrade Nikola Tesla Airport with one of the bidders who will submit binding bids in the next round. By investing in the Belgrade airport, this investor will contribute to the airport developing even faster and to Belgrade becoming a hub of the region for air transport as well as road and rail. We are also investing in Niš’s Constantine the Great Airport, which is very important regionally and for us.

Another priority is reform of the cadastre that we are preparing, and which will primarily enable faster registration of ownership, in just a few days, and through electronic channels.

As chair of the Gender Equality Coordination Body, I can say that improving the position of women in Serbia will remain one of the priorities for us. I also chair the Coordination Body that deals with the social inclusion of Roma, and our goal is to fully integrate Roma into our society. The first meeting of the Working Group dealing with these issues was held recently, while in the period ahead we will intensify activities in this area.

In the ministry that I head, we have enabled domestic companies to compete for jobs worth €977.7 million over the next two years, which will certainly invigorate domestic industry Serbia is, compared to railroads traversing Bulgaria and Romania, is the fact that Serbia Cargo, thanks to its competitive prices and technological advantage, has contracted the transport of trains carrying goods of companies Siemens and Bosch. And these cargo trains spend around 16 hours transiting through Serbia, with a delay of less than 15 minutes per 600km.

When it comes to waterways, statistics show a positive shift.

Compared to 2015, when around 8.5 million tonnes of goods were transported along Serbia’s inland waterways, the volume of transport in 2016 was 10.5 million tonnes, while the volume of cargo in Serbian ports increased from 4.5 million tonnes to nearly 6.5 million tonnes.

The Ministry has also launched projects to improve river transport infrastructure. We are also working on raising the level of navigation safety in the Serbian section of the Danube, in order for it to become one of the best arranged river sections in Europe.

For the first time after 30 years, we are also launching an investment cycle that should make our ports more competitive on the European transport market. Our aim is for the Port of Smederevo to become one of the dominant inland ports in Europe for handling car-

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● How much could Serbia advance this year on the Doing Business list?

- We expect to improve by about ten places this year, while a bigger leap could follow when we prepare largescale cadastral reform. We will reform the cadastre on the basis of the model of the electronic construction permit, which is why I expect equally great success on the Doing Business list when this reform comes to life. Our goal is for Serbia to enter the club of the world’s top 20 countries in terms of conditions for doing business. ● To what extent do business associations contribute to the creation of better government policies?

- All of our measures are aimed at attracting more investors and easing operations for those who already do business in our country. That’s also why we formed the Working Group to improve Serbia's position on the Doing Business list.

In order to improve the business climate even further, the Government also formed the joint Working Group with the Foreign Investors Council. Our desire is for us in that same way, together, to arrive at the best solutions for companies that operate in Serbia, whether they are foreign or domestic. Our goal is to identify and remove possible obstacles to doing business, and to secure the best possible conditions for businesses to function. ●

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INTERVIEW

Goran Knežević

Serbian Economy Minister

We’ll Be Even More Attractive For Major Foreign Players With the regulated industrial zones, roadways and infrastructure that we co-financed last year, I believe that during this year we will also attract large international brands to do business with us, but also encourage our domestic business leaders to encourage and expand their operations. I expect that this year we will achieve foreign direct investments worth two billion euros

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erbia has all the prerequisites to achieve projected GDP growth of 3.5% this year.

This optimistic assessment of Serbian Economy Minister Goran Knežević, based on statistics regarding the widely dispersed growth of industrial production, government support to foreign investors and domestic enterprises, and the development of infrastructure that represents the first precondition for big players in the manufacturing sector to come to Serbia and the region. ● According to flash estimates of the Serbian Statistical Office, GDP in the first quarter of this year was only one per cent higher than in the first quarter of 2016. Will that disrupt GDP growth forecasts for this year?

- The government plans strong economic growth in the coming years, and how important that is to us is illustrated by the fact that the Prime Minister also established the Council for GDP growth. We already have visible results, because we ended last year with a minimal budget deficit. We will certainly follow this with stronger support to the development of the private sector, both for large investments and for SMEs. I believe that we will succeed in ending this year with even better macroeconomic data, while we see that

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the IMF and other financial institutions confirm the growth forecasts of three per cent this year and 3.5% next year. Contributing to this will be strong growth in the manufacturing industry, investment and domestic demand. It is very important to divide the focus equally between the development of the private sector and resolving the negative legacy in the form of state and public enterprises. ● How was growth in other industries, except energy, which declined?

- What is most important is the growth of the manufacturing industry in the first quarter of 2017 by 7.3% compared to the same period of 2016, especially bearing in mind that in the structure of growth the manufacturing industry contributed more than three-quarters. The March growth of 10.3% was widely dispersed, with mostly industrial areas withdrawing: productionf of base metals, fabricated metal products, machinery and equipment, foodstuffs and motor vehicles. ● According to March’s export results, it would seem that companies in Serbia are becoming increasingly successful in selling their goods. Which industries have the most momentum in this respect?

FOCUS

MARKETS

INVESTMENT

It is very important to divide the focus equally between the development of the private sector and resolving the negative legacy in the form of state and public enterprises

Serbia already has signed agreements with countries that represent a market of 1.1 billion people

Given that in 2016 we exceeded the level of €1.9 billion in foreign direct investment, I believe that in 2017 will reach €2 billion

- Contributing the most to the 13.6% growth of goods exports in the first quarter of 2017 were the areas of base metals (42%), electrical equipment (20.6%), machinery and equipment (21%) and rubber and plastics (19.1 %).

Apart from that, the export sector of agricultural and food products grew by 15.7%. The largest exporters are strategic investments: FCA Kragujevac, Hesteel Serbia and Tigar Tyres, which comprise more than 14 per cent.

Foreign trade with the EU amounted to 65.2%, while the five largest partner countries – Italy, Germany, Bosnia-Herzegovina, Russia and Romania – accounted for 47 per cent of total exports. ● However, the growth rate of imports in the first quarter was higher than the growth rate of exports. Which factors contributed to that?

- Yes, contributing the most to the foreign trade deficit of €1.08 billion in the first quarter were increased imports of crude oil and electricity. In the field of the manufacturing industry, the trade deficit increased in the chemical and pharmaceutical industry and in the production of computers. It should be noted that the export-import coverage ratio remains high (77%).

● What level of foreign investment do you plan for 2017?

- Given that in 2016 we exceeded the level of €1.9 billion in foreign direct investment, and that in the previous period we focused our activities on providing even better conditions for doing business in our country, I believe that in 2017 will reach two billion euros. Now, with the completion of the legal and institutional framework for enticing investment, With the regulated industrial zones,

According to the information we have, 72 companies with which we signed contracts on the creation of 12,383 jobs now employ 39,953 people, which is 27,570 more than the agreed target.

I think that’s a more than positive effect of state support

● You said recently that you expect a significantly greater exchange of goods with Eurasian economies. Why is the potential of these markets still untapped?

- Serbia already has signed agreements with countries that represent a market of 1.1 billion people. We also want realise an agreement with the Eurasian Economic Union as soon as possible, because that will enable our producers to access, under incentivised conditions, a market of another 200 million people, which is also – it is to be understood – an additional motive for many foreign investors to come and invest in Serbia.

The fact that the President of the Russian Federation pointed out in China that preparations are underway on an agreement on the initiating of consultations with our country is just a good signal for us, because that is a step forward in negotiations that mean a lot to us economically.

roadways and infrastructure that we co-financed last year, I believe that during this year we will also attract large international brands to do business with us, but also encourage our domestic business leaders to be courageous and expand their operations. With incentives alone we have, from the beginning of 2016 to May of this year, secured investments worth almost 300 million euros, which will create at least 20,000 new jobs. I say “at least” because it has been shown that investors employ many more people than they are contracted to hire. According to the information we have, 72 companies with which we signed contracts on the creation of 12,383 jobs now employ 39,953 people, which is 27,570 more than the agreed target. I think that’s a more than positive effect of state support.

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● How much has the construction of major roads contributed to us increasingly also seeing foreign investors in less developed regions of Serbia?

- Massively. An investor comes to the country that offers the best conditions for investment and a favourable business environment. You have a competition in the region and we, as a country that is not yet an EU member, unlike most others in the region, still manage to be among the most attractive in Europe and among the more favourable in terms of conditions. Road infrastructure is very important in that. Minister Mihajlović has achieved

depend on these companies. Thus we come to the fact that privatisation is not just an economic problem, but also social, political... It’s important that have things started moving from the standstill and that we have revived many companies, that they have received new clothes and have a bright future. Some slightly more complex stories don’t have such a happy ending, thus it is equally important to provide conditions for the private sector to be able to employ people who lose their jobs with the closures of old companies. I believe that the number of such companies, which has now dropped to 156 from the 526 with which we started this process, will be reduced to 120 by the end of this year. The numbers aren’t as important as not repeating the mistakes made by our predecessors.

● The government is cooperating increasingly with various business associations, such as NALED and the FIC, when it comes to improving the business climate and encouraging economic growth. What are your expectations from that cooperation?

- The dialogue with the NGO sector is very important. Through direct and frequent conversations with the business leaders it brings together, this sector has the capacity and resources to develop this dialogue and to articulate the needs of businessThe number of such companies under reconstruction has now people and direct them towards the dropped from 526 to 156, and I believe that we will reduce that state authorities. The key role of the NGO sector is to be that extra pair of number to 120 by the end of this year eyes, ears and voice between busiremarkable results when it comes to local and regionness leaders and the state. al roads. On the other hand, as the Ministry of Economy, with more than two billion dinars, we helped municipal● Which measures for improving the business environities and cities to equip business zone, build roadways ment can you announce from your ministry? and install other infrastructure that ensures the avail- We will continue with the policy of incentives for large ability of business zones. We don’t want to allow interinvestments, as well as support programmes for SMEs ested investors to leave just because a certain municiand entrepreneurs. This year we have secured as much as pality or town doesn’t have a road or adequate electric18.2 billion dinars for financial and non-financial support, ity that is essential for their work. plus around 500 million euros in soft loans via EU funds.

Now there is no reason for the excuse “I don’t know how” ● Numerous investors have expressed an interest in the prior “I have no help”, because that is now actually provided. vatisation MSK in Kikinda and Pančevo’s Azotara and Petrohemija. Is Serbia finally on route to resolving the problem ● Where do you see room to further increase the competitiveness of SMEs? of these companies that burden the budget?

- We encourage exports of local entrepreneurs through - Serbia has struggled for so long with repetitions from various programmes, from education to promotions at the past that suck the budgets of previous years that it is foreign trade fairs. And as of recently we have provided unrealistic to expect that we will solve this problem overnight. If it was just about buildings, that would be solved form them to test their products in Serbia and to obtain easily. However, we mustn’t forget that our citizens work the necessary certification for export to demanding foreign markets. ● there and that specific places in our country very often

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INTERVIEW

Daniel Berg

EBRD Director for Serbia

More Robust Growth Demands Further Reform A

Serbia should target annual growth of around four to five per cent in the medium term, in order to achieve meaningful convergence with developed countries. This requires further reforms in support of investment and economic resilience. The EBRD is already helping in this process, but also has new initiatives in line with its expertise

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s EBRD studies suggest, Serbia should continue reforms in order to secure macroeconomic stability.

Better governance, more efficient employment policies aimed at ensuring the inclusion of young people, women, older people and disadvantaged groups in the workforce, as well as the improvement of the quality of infrastructure, energy efficiency, and NPLs/corporate over-indebtedness, are the most important factors that need to be addressed if Serbia wants to achieve more robust growth, says Daniel Berg, EBRD Director for Serbia. ● How would you assess the state of the Serbian economy?

- Economic growth started to recover in recent years, driven by investment and exports, after stagnating between 2009 and 2014. Growth reached 2.8 per cent in 2016, also helped by relatively low oil prices and interest rates, and a positive agricultural season. The short-term growth outlook is favourable (our forecast is 2.9 per cent in 2017 and 3.0 per cent in 2018), with domestic demand driving growth. Investment growth can be supported by the improved business climate. This includes successful fiscal consolidation, market stabilisation and more importantly ongoing structural reforms.

Medium-term prospects depend to some degree on the pace of reforms to improve the investment climate, as well as further work on NPL resolution (to liberate bank lending) and corporate restructuring (including for state

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enterprises). The country should continue to streamline implementation of major infrastructure projects.

Economic programmes under the IMF’s three-year precautionary IMF Stand-By Agreement are yielding results. The fiscal indicators are ahead of programme targets (the fiscal deficit fell from 6.6 per cent in 2014 to 1.4 per cent of GDP in 2016 and public debt is stabilising).

However, public debt remains high at around 73 per cent of GDP. Restructuring of large public companies needs to be accelerated as they distort markets and their performance can impact government spending requirements.

Similarly, while business reforms have improved the investment climate, there is of course still room for improvement (especially in governance, regulation and public administration). ● In your opinion, are the results achieved sustainable, and in this context are you concerned about the specific slow-down in Serbia’s GDP growth?

- Sustainability will depend on further structural measures, including raising the efficiency of public administration and public companies.

Public debt is still high at above 70 per cent of GDP and Serbia will need to continue to be careful with its budgetary spending to avoid increasing debt levels.

Accelerating growth is important both to support economic convergence and the reduction of public debt. Serbia should target around 4 to 5 per cent annual growth in the medium term in order to achieve meaningful convergence towards developed countries. This requires further reforms supporting investment and economic resilience. Our studies show that, along

EFFICIENCY

GOVERNMENT

INVESTMENT

Sustainability will depend on further structural measures, including raising the efficiency of public administration and public companies

The EBRD has an effective relationship with numerous line ministries and we would expect to maintain our good work as with the current government

The EBRD has been a major investor in Serbia since initiating activities in 2001. We have invested around €4.5 billion

with macroeconomic stability, better governance, economic inclusion (encouraging the employment of the young, women, older people and disadvantaged groups), infrastructure quality, energy efficiency, and NPLs/corporate over-indebtedness are the most important factors to address in order to support productivity and growth.

Relatively weak performance in one quarter is less relevant than the speed and direction of economic reforms. Nevertheless, short-term negative developments in mining and electricity generation point to the importance of diversifying energy sources (strengthening the country’s resilience) for example, through investment in alternative, renewable energy sources.

This depends of course on the investment climate and the need for the Bank to support private and public sector investments.

Larger sovereign projects in transport, water, waste, energy, etc., have accounted for a significant share of our overall business in the past. We now expect to see a larger share of EBRD finance going to private investments, with and without a role for the public (that is, public-private partnerships (PPPs)).

At the same time, we continue to develop important advisory services. This includes advice for small businesses, where we support some 100 companies per year with small grants

● What do you expect from the new Serbian Prime Minister?

- To maintain the reform initiatives, and work on convergence with the EU and integration within the Western Balkans.

The EBRD has an effective relationship with numerous line ministries and we would expect to maintain our good work as with the current government. ● In your opinion, how much essential progress has been made in the reform of the public sector?

- Some key measures have proceeded.

Government reduced overall employment in both the national and local governments.

It has also reduced the number of workers in public companies through strategic workforce measures. Improvements have been noted in tax administration and especially in permitting and licensing. The EBRD looks to work with the government to continue such reforms, for example by reform of the overall inspections regime and reducing the number of inspections. We also want to improve the judiciary system; through for example, expansion of the use of alternative dispute resolution.

to improve their business performance. It also relates to an expansion of our policy work. We signed the ICGI MoU with the government in late 2015 and are now implementing a range of advisory projects including for procurement, PPP reforms, corporate governance in state-owned enterprises, etc.

● It was announced recently that the EBRD could increase investments in Serbia through advisory services and financial support. Can you tell us more details about that?

- The EBRD has been a major investor in Serbia since initiating activities in 2001. We have invested around EUR 4.5 billion. We would like to see an increase in overall investments from recent levels of around EUR 300 m per year to EUR 400 million or more.

● You are also interested in becoming actively involved in resolving the issue of NPLs. What could the EBRD’s involvement in resolving this issue bring to the Serbian financial system?

- The EBRD can and has already provided support in several areas. We have worked together with the Ministry of Finance, other government institutions, the National Bank of Serbia and international financial institutions during the preparation of an NPL

We are prepared to provide further technical assistance to remove barriers slowing down large NPL deals. We are also ready for potential involvement in NPL transactions alongside private investors as we did for example, in Greece

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Resolution Strategy, adopted by the government in August 2015.

NPL sales (selling non-performing loan portfolios to specialised firms) have started and the NPL ratio declined from 22 per cent in 2015 to 17 per cent at the end of 2016, but it is still high. The EBRD is ready to help in many areas in order to develop NPL markets and accelerate NPL resolution. Our report, outlining existing impediments to NPL sales, was well received and we are prepared to provide further technical assistance to remove barriers slowing down large NPL deals. We are also ready for potential involvement in NPL transactions alongside private investors as we did for example, in Greece with KKR (http://www.ebrd.com/news/2017/ebrdto-invest-in-pillarstone-greece.html ). ● It was recently announced that the Electric Power Industry of Serbia (EPS) has still not used the EBRD loan it received in 2011. How effectively are other funds approved to enterprises (by the EBRD) being utilised?

- Our loan for improving metering at EPS is still pending disbursement due to an ongoing investigation by the public prosecutor.

However, we hope to see this project proceed as soon as possible as it will improve EPS’s overall utilisation efficiency and help customers control their costs.

Implementation of projects in the infrastructure sector typically requires lengthy procedures. However, we have seen rising disbursements in 2015-16, while noting that public companies can further improve capacity to implement large projects efficiently.

We are currently reviewing investment in renewable energy.

We believe the regulatory regime is now mature and quality investors are committing to the sector

● Is Serbia sufficiently utilising its potential in this area?

- Serbia can definitely expand on its historic agriculture base.

This may require investment in water infrastructure – that is, improved irrigation. Serbia will likely benefit more from continued integration with its EU neighbours, which are the main

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● You have financed mainly large trade players and their entry into the Serbian market. Why did such financially strong companies require the support of the EBRD? - We have supported both large foreign investors and small local companies. Investors work with the EBRD for a host of reasons – be it our experience in the sector, country and region, our ability to provide creative financial products or our ability to syndicate large loans. The EBRD provides more than money – it provides local knowledge and long-term partnership, which can support investors throughout the life of their investments. ● You once announced that the EBRD could enter the mining sector. How realistic is that in the medium term?

- The EBRD has invested EUR 1.9 billion in 52 mining projects across all of the Bank’s countries of operations. In Serbia, there are few projects that have advanced beyond the exploration stage.

● Can you tell us something about your new financial products intended for SMEs in the agricultural sector?

- The EBRD is working with the government of Serbia on designing innovative products to serve agricultural borrowers’ needs. These could include both traditional credit lines to banks for on-lending to agribusiness entities for medium- to long-term investments. The credit lines could benefit from a loan loss absorption mechanism, to stimulate banks to extend lending to underserved agribusinesses. We are also looking to introduce agribusiness Risk-Sharing Facilities. This would entail the EBRD assuming a portion of the risk on a portfolio of agribusiness sub-loans.

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foreign investors and trade partners, and can also benefit from EU programmes for supporting SMEs in the agricultural sector.

However, the EBRD is engaging with these companies and remains committed to supporting projects that meet international EHS (environmental, health and safety) standards, good corporate governance and positive financial returns. We would seek to mobilise capital alongside international investors. ● Which other sector potentially interest you?

- We are by our nature responsive to investment opportunities.

We are currently reviewing investment in renewable energy.

We believe the regulatory regime is now mature and quality investors are committing to the sector.

We are also closely following investment in the automotive parts and ICT sectors, where Serbia is competing with other south-east European countries to attract investors. In the automotive sector, we are supporting suppliers to major auto producers.

We will continue to monitor Serbia’s privatisation plans – we would seek to support quality investors who could improve these strategic companies’ operations. ●

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INTERVIEW

Sebastian Sosa

IMF Resident Representative in Belgrade

It Is Too Early For Laurels N

The results of Serbia’s economic programme supported by the IMF in the last two years have been impressive.

However, it is still too early to declare victory. I believe the authorities share our view that consolidating recent gains will require completing the ambitious structural reform agenda

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ow, when the threeyear arrangement with the IMF is in its final phase, we took the chance to speak with Sebastian Sosa, IMF Resident Representative in Belgrade, about the progress so far achieved by Serbia and the next steps it should take, either with or without a follow up programme with the IMF. ● How satisfied are you with what has so far been achieved?

- The results of Serbia’s economic programme supported by the IMF have exceeded any expectations in terms of macroeconomic stabilisation and growth. Fiscal consolidation efforts have been particularly strong. In 2014, the fiscal deficit had reached almost seven per cent of GDP and public debt was on an explosive path. Just two years later, the deficit narrowed to less than 1.5 per cent of GDP—the lowest level since 2005— and public debt is falling. And this sizeable fiscal adjustment has not hampered growth. On the contrary, it helped to boost confidence, supporting private investment and growth. Notably, employment growth is also expanding, with over 160,000 private sector jobs being created in the last two years. On the financial sector front, the resilience of the system has improved and the very high level of non-performing loans that was affecting banks is falling. All these achievements are great news and Serbia should be commended for them. Progress has been mixed, however, in terms of structural reforms to transform Serbia into a modern, private-sector led economy with higher and sustainable growth, so here is where efforts should be concentrated going forward.

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● How seriously did the Government of Serbia take your advice that it is necessary to consolidate the progress achieved?

- Although progress in the last two years has been impressive, it is still too early to declare victory. We should bear in mind that most of the previous economic programmes in Serbia managed to achieve short-term macroeconomic stabilisation, but failed to resolve the underlying weaknesses of the economy.

These unresolved structural problems prevented growth being sustained, eventually bringing the economy back into recession, with raising unemployment and re-emerging fiscal imbalances.

I believe the authorities share our view that consolidating recent gains will require not only maintaining sound macro policies and strengthening institutions, but also fully completing the ambitious structural reform agenda. ● Both you and the World Bank’s representative in Serbia recently warned that Serbia must stop subsidising unprofitable public enterprises and find a lasting solution for their functioning. Does it seem realistic to you that this goal could be achieved by the end of this programme?

- Reforming public and state-owned enterprises is indeed a priority for Serbia, not only to increase efficiency but also to reduce fiscal costs, as some of these companies have been a persistent drag on public finances. We have argued repeatedly that scarce public resources spent in keeping these inefficient companies alive should be freed and could be used to, for example, improve the quality of education and the healthcare system, boost infrastructure, or beef up well-targeted social programmes.

Significant progress has been made since the start of the programme to improve the efficiency and financial position of large public utilities, disposing of failed state-owned enterprises and privatising some

viable ones. The number of problematic entities and the extent of the problems are now smaller. But solutions are still pending for some long-term troubled enterprises, mostly in energy and mining.

Thus, we expect more tangible results this year on the resolution of Azotara, MSK, RTB Bor, Galenika and Petrohemija. Further steps will be taken to restructure Srbijagas, EPS and Serbian Railways, but the full implementation of these companies’ corporate and financial restructuring plans is a medium-term issue, as their deep-rooted problems cannot be addressed overnight. Making these companies competitive and sustainable in the long term will take time, strong efforts and political will. ● What other big jobs for Serbia remain incomplete and are important for raising the rate of GDP growth to a level above four per cent?

- In order to unlock its growth potential, Serbia also needs to fully implement other structural reforms, which will help transform Serbia into a competitive economy led by a more dynamic private sector.

For example, further improvements in the business environment are needed, especially in terms of streamlining and modernising the tax administration and ensuring a more efficient, independent and predictable judicial system, with reduced levels of perceived corruption. Fighting informality needs to continue, and public administration reform needs to be reorientated from eliminating

Further improvements in the business environment are needed, especially in terms of streamlining and modernising the tax administration and ensuring a more efficient, independent and predictable judicial system staff redundancies to improving efficiency and quality of public services, especially in priority areas such as health and education.

Finally, infrastructure gaps need to be reduced by increasing the level and quality of public infrastructure. All these reforms will pave the way for higher, more sustainable and inclusive long-term growth. ● With this in mind, Finance Minister Dušan Vujović said that Serbia shouldn’t have to seek a new arrangement, but that one wouldn’t hurt. What do you think?

- Clearly, Serbia is now on a much stronger footing than two years ago. But we can never rule out risks of fiscal relaxation, which if materialised would impact negatively on confidence and foreign investment. Therefore, a key challenge is to ensure that the recent hard-won gains are consolidated and sustained over time, even in the absence of an IMF-supported programme. Strengthening fiscal institutions, including fiscal rules, and boosting potential growth by completing the reform agenda, would help meet this challenge. It is of course up to the authorities to decide whether they want a follow-up arrangement, but the IMF stands ready to support future reform commitments. ● You come from Latin America, where there are many examples of countries with economies that had great potential, implemented

CORPORATE

Messer Tehnogas

Proudly Celebrating 20 Years Of Success In Serbia Messer Tehnogas AD is the biggest producer of industrial, medical and speciality gases in Serbia and the region. Part of the Messer Group – the world’s largest owner managed industrial gases company – Messer Tehnogas AD this year proudly celebrates 20 years of success in Serbia

O

ver the past 20 years, Messer Tehnogas has invested more than €100 million in the Serbian market, becoming one of the biggest investors in the Serbian economy. Some of its most significant investments are the Air Separation Unit in Smederevo – the biggest of its kind in Southeast Europe - for the supply of the Smederevo Steelworks, via a pipeline, with oxygen, nitrogen and argon, as well as a similar plant for the supply of RTB Bor. Other significant investments are a liquid Helium transfill plant - the only one in the region - as well as a special gases filling plant and a refrigerants filling plant, all located in Pančevo. At the clients’ disposal are professional and responsible teams for technical and logistic services 24 hours a day, 365 days a year, using over 50 trucks and tank trailers.

The fact that Messer Tehnogas has implemented over 300 applications of gases in everyday life best illustrates the importance of this company’s business. Industrial gases are produced on a large scale and are as important to countless industrial processes as water and electricity are to daily life.

The effervescent bubbles in sparkling water and soft drinks, salads or freshly ground coffee packaged under a protective atmosphere are obvious examples, but gases are used elsewhere too, for example, in the production of city drinking water or the production of steel, copper, paper, air bags and, of course, in the medical field.

Not all of the applications are obvious or expected liquid Helium is being used to achieve superconductivity of the electromagnets in MRIs at a temperature lower than 4K (-269C), one of the most up-to-date diagnostic techniques; speciality gases mixtures are being used as calibration gases for exhaust control, emission and admission control or production process control in chemical and petrochemical plants. ●

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reforms and then again returned to the abyss. On the basis of these experiences, what would you recommend to Serbia?

- I would rather point to the experience of the successful reformers in Latin America. Countries such as Chile, Colombia, and Peru have made tremendous progress in strengthening their economic fundamentals and improving living standards over the past 25 years. These countries managed to achieve impressive gains in macroeconomic and financial stability, with higher and steadier medium-term growth rates, low and stable inflation, low public debt, and reduced inequality and poverty. How did they accomplish this? The implementation of key structural reforms and trade liberalisation in the 1990s, coupled with the establishment of stronger institutions and credible policy frameworks, provided the foundations for their economic success. And the adoption of flexible exchange rate regimes has helped enhancing the resilience of these economies to foreign shocks. Thus, they managed to drastically reduce macroeconomic volatility and to avoid the boom-bust cycles of the past.

But there are also examples of countries in the region that enjoyed periods of strong growth supported by a terms-of-trade boom and strong capital inflows, but didn’t implement the required reforms to address key underlying economic and financial weaknesses. Thus, when favourable external conditions reversed, they fell back into recession, high inflation, fiscal sustainability issues and financial sector problems. I think the divergent performances of these two groups of countries provide useful lessons to other emerging market economies like Serbia. ● The IMF has an almost universal image worldwide as a police officer, as an institution that forces countries into austerity measures without taking care of people and their lives, as is the case in Greece, for example. In contrast, the IMF has for years been devoted to investigating inequality. Could you tell us more about that?

- The IMF has indeed been increasingly working on inequality, as well as social protection issues. Extensive research has been conducted in the last decade or so in an attempt to understand the causes, consequences and remedies of income inequality. One of the main findings is that excessive inequality poses risks to sustainable growth, while social protection is increasingly seen as a contributor to macroeconomic stability, since protecting vulnerable groups can help maintain social and political support for sustainable policies.

But inequality has been more than a research agenda for the IMF. The institution is exerting concerted efforts to give more prominence to it as part of the practical work with member countries, for instance, by giving more emphasis to supporting vulnerable groups in arrangements with low-income countries. In fact, 29 of the 30 most recent programmes have introduced minimum levels for social spending on priority areas, such as healthcare and education. Moreover, the IMF is operationalising inequality in

the bilateral surveillance of member countries, and its technical assistance has recently focused on the distributive aspects of policies, especially fiscal. ● Serbia is the country with the highest inequality in Europe. How much was this issue in your focus, given that high inequality also represents an aggravating factor for economic growth?

- Based on Eurostat data, Serbia exhibits higher income inequality than most countries in the EU, but the comparison of inequality across countries depends significantly on the indicator used. In any case, notwithstanding the need for fiscal adjustment under the programme, measures to minimise the social impact of some of the reforms were adopted with the help of the World Bank.

In our view, there is still scope for improving the targeting of social programmes, as many of them are poorly targeted, while those that are well-targeted, such as the Financial Social Assistance programme, are clearly under-funded. But I think it is also fair to say that, by restoring macroeconomic stability and avoiding an economic crisis, Serbia’s programme was effective in preventing higher inequality and poverty, as it is during crisis periods when the largest increases in poverty and inequality are typically observed in emerging markets and developing countries. ● Do these reductions in salaries and pensions, cuts in public administration, health and education represent the road to more or less inequality?

- Reductions in pensions and “across the board” cuts in public employment and

We expect more tangible results this year on the resolution of Azotara, MSK, RTB Bor, Galenika and Petrohemija

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wages were needed as the fiscal position was unsustainable. But now the priority should be targeted restructuring in areas such as health and education, to rationalise staff numbers and skills, and a more efficient and equitable wage system. Ultimately, the road to sustainable and inclusive growth entails completing the structural reform agenda. This is the now the main objective of the programme, which is a programme about growing income in Serbia. And it appears to be working, as employment and private sector wages are growing, and to the extent fiscal sustainability is cemented, public wages and pensions will also gradually be able to increase, as well as social spending in priority areas.

Going forward, the road to lower inequality will require stronger and more efficient pre-distributive policies—policies that improve access to good education and healthcare for all. But this is a difficult task that cannot be done overnight. So, in the short-run, these policies should be complemented with better redistribution, including by improving the targeting of social benefits towards the poor. ●

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INTERVIEW

Dubravka Negre

European Investment Bank, Belgrade

Strongly Supporting Serbia’s Reform Path EIB, as the European Investment Bank and the largest multilateral borrower and creditor, stands ready to support investments in Serbia and the region, and to contribute further to the EU integration process

EIB

is active in many sectors in the Serbian economy. The most visible project is probably the involvement in the rehabilitation and building of the Clinical Centres in the country, worth $200 million. On the other hand, the new Economic Resilience Initiative (ERI) is probably the most fundamental, as it aims to increase support and help build resilience in the Western Balkan and the Southern Neighbourhood, which has been hit strongly by the recent refugee and migrant crisis. We spoke with Dubravka Negre, Head of EIB Regional Representation for the Western Balkans, based in Belgrade, about the bank’s portfolio in Serbia and plans for the future. ● In your opinion, how sustainable is today’s economic growth in Serbia?

- The Serbian economy expanded faster than expected in 2016. Growth is forecast to firm up, increasingly underpinned by private consumption, while investment and exports are expected to remain robust. Fiscal consolidation continued to be very strong, outperforming all targets by a wide margin and causing the public debt ratio to fall for the first time in many years. High-quality public investment should be prioritised in order to improve competitiveness and boost growth and employment, attracting

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private investment. Serbia should aim to sustain strong macroeconomic stability and persist in continuing with ongoing structural reforms, especially those that concern state-owned enterprises and bad loans, in order to achieve sustainable, mid-term growth. ● What are the most attractive projects in the region for investors like the EIB? - EIB, as the European Investment Bank and the largest multilateral borrower and creditor, stands ready to support investments in Serbia and the region, and to contribute further to the EU integration process. We have supported, and have plans to continue supporting in the future, transport and energy infrastructure, health and education facilities, research institutions, private sector development, as well as the small and medium-sized enterprises. High on the EIB’s agenda is support to the Connectivity Agenda of the EU in the Western Balkans through financing infrastructure projects by combining loans and grants in order to improve the regional connectivity of the countries in the region, be that in the transport or energy sectors. ● In Serbia there are currently 15 active project loans granted by the EIB. How satisfied are you with the pace and quality of their use?

CONSOLIDATION

INVESTMENTS

Fiscal consolidation continued to be very strong, outperforming all targets by a wide margin and causing the public debt ratio to fall for the first time in many years

We plan to catalyse investments of €3.5 billion in the Western Balkans over the next three years, including in Serbia which is expected to attract a good part of that financing

- At present the utilisation level of our loans (i.e. the ratio of loans disbursed to loans signed) stands at around 75% in Serbia. Typical problems we encounter are related to project preparation and project management during the implementation phase, but we are addressing those difficulties successfully together with our partners.

OBSTACLES One of the usual main obstacles is projects’ preparatory work, such as the preparation of feasibility studies, cost benefit analysis, design studies etc

To this end, we plan to catalyse investments of €3.5 billion in the Western Balkans over the next three years, including in Serbia, which – as the largest country in the region – is expected to attract a good part of that financing. ● In conversation with Finance Minister Vujović you stated that the EIB is interested in the development of road and rail routes within the framework of the European trans-

● What specifically did you mean with the possibility for further growth of the EIB’s partnership with Serbia?

- The EIB has launched its Economic Resilience Initiative (ERI) to increase its support and help build resilience in countries hit by the recent refugee and migrant crisis, namely in the Western Balkans and the Southern Neighbourhood.

The countries in both regions are already facing significant economic challenges, including high levels of public debt, low growth and high levels of unemployment, especially amongst young people. The influx of large numbers of refugees is putting poor infrastructure under additional strain. Existing financial instruments do not adequately meet the region’s requirements, nor do they provide financing on sufficiently favourable terms for the critical investments required to stimulate growth and job opportunities and ensure basic public services to both the local and refugee populations.

High-quality public investment should be prioritised in order to The ERI is evidence of the EIB’s improve competitiveness and boost growth and employment, determination to help meet these challenges. It is a new initiative attracting private investment endorsed by the European Council port network. What does the EIB offer Serbia compared a year ago. It will focus on raising additional investments to other creditors, such as China, for example? to support sustainable growth, vital infrastructure and - The EIB is working closely with, and contributing to, the social cohesion, including the creation of new job opportunities. This will involve support for both the public and Western Balkan Investment Framework (WBIF) and has private sectors. already combined EU grants with our loans in several The ERI will support efforts by the public sector, projects in the Balkans. We plan to also do so in Serbia this including municipalities and public sector entities, but year, in particular in the rail sector. Besides that, we plan also by providing support to the private sector through to step up our activities through the Economic Resilience additional risk taking capacity and more volume, as well Initiative, as explained earlier. As the largest multilateral as Concessional lending (combining loans and grants). In borrower and creditor having an AAA (the highest) credit addition, the ERI would allow the Bank to accelerate the rating, we finance ourselves on the capital markets under finalisation of key infrastructure projects and provide very favourable financing conditions. As a not-for-profit additional financial and technical support on the ground institution, we pass on our favourable condition to our where needed. clients. For example, when we work with governments

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directly, we don’t have any commitment or other applicable fees, unlike many other financial institutions. ● To what extent can major infrastructure projects help revive the economy today, given that this no longer relates to works that imply the creation of a large number of jobs?

- High-quality public investments improve competitiveness and boost growth and employment, attracting private investment.

Estimated minimal necessary investment of the developing countries in the overall infrastructure is between six and eight per cent of GDP. Well-designed infrastructure is essential for the success of a competitive modern economy.

Infrastructure development in transportation, communication, water, and energy networks can raise countries’ productivity, foster economic growth and consequently improve people’s living standards. The accessibility and quality of infrastructure determines countries’ attractiveness to foreign investors. To that end, the continuation of building up infrastructure in Serbia, such as transport, energy, municipal infrastructure, health and education, are all equally important, and are all supported by EIB activities.

- In Europe, PPPs are used in many different sectors. They can be a successful way of delivering public services, if properly prepared and procured. ● In your opinion, why are there still no high-quality projects in the field of waste water treatment, for example?

- One of the usual main obstacles is projects’ preparatory work, such as the preparation of feasibility studies, cost benefit analysis, design studies etc., which require time, money and skills to be finalised. We are addressing those shortcomings with our partners through the provision of technical assistance for project preparation. Public prioritisation is equally important and the needs are significant across many different sectors. ● When you say that the EIB plans to finance new projects in the fields of health and education, to which kinds of projects are you primarily referring?

- The EIB is planning to continue financing Clinical Centres across Serbia, which are the most important tertiary healthcare institutions in the county, and we intend to sign a new finance contract to this end, worth €50 million, in order to complete our already signed financing of €150 million. Through our financing of the programme in the education sector, we have

● The EIB has invested close to nine billion euros in the countries of the Western Balkans, of which half has been invested in Serbia. Does the explanation for this arrangement lie in the size of the Serbian economy or its relative shortcomings The EIB continuously supports the building of infrastructure in compared to its neighbours?

- Serbia is the largest country in Serbia, such as transport, energy, municipal infrastructure and the region by size, population and economic activity. The EIB is present in health and education, which are crucial for sustained growth in all the countries of the region, and investment flows but so far around 50 per cent of supported the construction and reconstruction of primary our activity has been concentrated in Serbia, due to all of and secondary schools across Serbia. Of a total of €75 the noted reasons. million, some €20 million remains to be invested. We are open to consider the continuation of those efforts in both ● In which areas is the EIB interested in public-private sectors, if required. partnerships in Serbia?

- The EIB has vast experience in financing PPPs in both ● Despite major announcements, there have been few developed and emerging markets. We are ready to consider developments in the energy sector. From your perspecwell prepared and procured PPP projects across the region. tive, are there interesting and simultaneously operative In Serbia particular in, we are looking into PPP projects developed by the City of Belgrade, as well as concessions and projects in this area? non-recourse project financings, notably in the energy sector.

- There are and we are already supporting a few across the region. Nonetheless, we hope to do so even more in ● Do you think this is a good investment form when it the future, in particular through supporting investments comes to major environmental projects? in energy efficiency and the renewable energy sector. ●

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2017

AUSTRALIA

Plenty Of Work Ahead For Serbia

H.E. JULIA FEENEY Ambassador of Australia to Serbia

Serbia's role as a central player in this challenging region is widely recognised and its status is being bolstered by ongoing European integration processes

A The investmentfriendly messaging that Serbia promotes needs to be reinforced by practical efforts on the ground, in order to enable me to encourage Australian business activities in Serbia

Canberra

ustralia strongly encourages EU integration and the benefits of structural reforms that this will facilitate, ultimately opening the way to further development and growth. Serbia’s path to EU integration will not only bring much needed reforms, but will contribute to the economic and political stability and growth that will benefit not only the citizens of Serbia, but also the wider region.

Serbia’s attractiveness as an investment destination is growing with an inexpensive and skilled labour force, free trade agreements with the region and Russia, and an increasing EU perspective. Economic, fiscal and invest-friendly regulatory reforms have served to improve overall economic stability. Serbia’s institutional development has been gathering speed in line with increasing EU integration and the coming years should also see significant advances in institutional harmonisation and increased financial support from EU funds.

The current IMF standby arrangement has buttressed efforts to accelerate fiscal consolidation and the comprehensive restructuring of an untenable public sector.

Nonetheless, there is still plenty of work ahead for Serbia, and in this respect the Australian model can serve to highlight how best practice regulation can keep the economy running on an even keel. The Australian Government’s regulatory policy requirements assist it in keeping the Australian economy as efficient, flexible and responsive as possible. Good policymaking processes can ensure that public policy achieves a desired objective in a cost-effective manner. In Australia, regulation is made at the federal level, as well as by the states and territories, in the form of legislation and subordinate legislation, and at the local government level as regulations and bylaws. Australia recognises that a sound regulation-making process and

culture requires ongoing improvements to the way regulation is considered, made and administered. And we stand ready to share our experience with Serbia.

Serbia has done well to improve the overall business environment and enhance market competitiveness, two key indicators that encourage long term investor confidence. By so doing, Serbia has succeeded in stimulating investment activity. I recognise the importance of FDI and the vital role it plays in stimulating much-needed economic growth. Serbia has demonstrated in the past that it is receptive to FDI inflows and has endeavoured to boost foreign investments by fostering an investor-friendly business environment. The investment-friendly messaging that Serbia promotes needs to be reinforced by practical efforts on the ground that can proactively progress investment projects. It is crucial that timely and appropriate support is afforded to Australian investors, in order to enable me to encourage Australian business activities in Serbia.

Nevertheless, I am pleased that Australian companies and entrepreneurs are showing growing interest in Serbia and the region. Australian technology and knowhow is making its way into Serbia, mostly through micro enterprises and SMEs, but there are niches where we can encourage further cooperation. This upturn in the Australian business footprint will be supported by the recently established Melbourne-based Australian-Serbian Commerce Chamber (ASCC). The ASCC is a not-for-profit association whose primary purpose is to further develop and strengthen bilateral trade and investment between our two countries. We are also seeing a small but increasing mining interest in Serbia and the region. Rio Tinto’s Jadar Project in Loznica is a stand-out mining venture that could potentially provide a significant boost for the Serbian economy in the long term. ●

There is still plenty of work ahead for Serbia and in this respect the Australian model can serve to highlight how best practice regulation can keep the economy running on an even keel

2017

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25

AUSTRIA

Still Room For Improvement

ERIKA TEOMAN-BRENNER

Austrian Commercial Counsellor for Serbia, Macedonia and Montenegro

In our very close dialogue with Serbian stakeholders in business and institutions over the years, we have met with strong interest on their part to find out more about the Austrian system of social partnership, our dual education system and our institutional framework in support of SMEs

Vienna City Hall

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In my capacity as an observer of economic and commercial developments, I have witnessed Serbia’s outstanding role in strengthening economic cooperation in the region, particularly through the initiatives taken by the Serbian Chamber of Commerce & Industry

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t is worth mentioning that the Chamber Investment Forum, which was actually set up during the Western Balkan Summit in Vienna in 2015 and has become a strong platform of the region’s business communities, relies very much on the leadership of the Serbian Chamber.

Achieving economic stability through fiscal consolidation and the government’s commitment to the EU accession process have probably been the most important steps towards restoring confidence on the part of investors, both domestic and foreign. In this context, we should highlight the changes to the Labour Law and construction permits in recent years as milestones in the reform agenda.

We have been in very close dialogue with Serbian stakeholders in business and in institutions over the years, during the course of which we met with strong interest on their part to find out more about the Austrian system of social partnership, our dual education system and our institutional framework

INTERNATIONAL BUSINESS SECTOR IN SERBIA

in support of SMEs. We strongly believe that a competitive SME sector is a necessary basis for employment and growth.

Achieving economic stability through fiscal consolidation and the government’s commitment to the EU accession process have probably been the most important steps towards restoring confidence on the part of investors, both domestic and foreign

2017

As mentioned, we’ve seen some substantial reforms in the business environment in recent years that were welcomed by the business community, but there is still room for improvement, especially when it comes to the rule of law and, more specifically, the transparency and length of administrative and regulatory procedures. For example, we hear regularly from our business community that the tax administration often lacks a uniform and consistent application of regulations, which in turn creates uncertainty on the part of companies. ●

CORPORATE Jelena Knežević, Certified auditor, Managing director, LeitnerLeitner

Local Companies Endure High Operational Costs The development of tax legislation, conditioned by the development of the capital market, should enable a significant improvement in market conditions for providing consultancy and accounting services

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s a company that operates successfully in Central and Eastern Europe, LeitnerLeitner believes there’s always room for advancement in aligning with global advisory and accounting standards, and best practices in tax counselling, audit and accounting services. ● LeitnerLeitner in Serbia is actually part of a global company, and one of the companies that brings international standards to the region. How applicable are your standards and procedures in the countries of the region, and what are the most common problems for your clients?

- Although the countries of the region are still in the process of implementing certain professional standards, it is necessary to set the appropriate balance between the requirements of the profession, the real situation and the specificities of the market. Our clients are confronted by various problems, but many of them are due to possible misunderstandings in the interpretation and application of national legislation, as well as due to the incomplete implementation of standards. We are working constantly to improve mutual relations with the relevant institutions, so that companies also recognise the legislature as their partner and vice versa.

well as the proper establishing of processes and functions, are crucial to progress and reducing possible obstacles to further development. There are numerous processes through which LeitnerLeitner can lead clients, from the initial consideration of Serbia as a potential destination for investment, through registration of the company with the Business Registers Agency, harmonisation with the reporting framework in Serbia and international accounting standards, the setting of an accounting system and system for calculating earnings, all the way to tax optimisation and tax structuring. Our aim at all times is to deal successfully with all possible administrative obstacles, i.e. to inform clients about them in advance, in order for them to prepare adequately and, in accordance with the, develop their operations to their full capacity. ● Considering the problems that most companies in Serbia and the region are facing, what preventative measures do you advise for the clients with whom you cooperate when it comes to making business decisions?

- This question is very interesting for all companies that provide consulting and accounting services. Over the past five years, significant development of legislation has been noted, primarily in the field of taxation, and this progress is conditioned by the development of the capital market. The continuation of work on the improvement of legislation by the Government and the competent authorities of the Republic of Serbia should enable a significant improvement of market conditions.

However, we often witness how this process results in excessive operating costs being imposed on local companies. Counselling in such cases is linked to various difficulties, but for us it is always a special challenge. We always advise clients to carefully carry out their tax planning, identification of risks to operations and their optimisation, and to do so before launching an investment, as well as compiling adequate project budgets that will be continuously monitored and, as required, updated and adapted - PROACTIVE APPROACH AND TIMELY INFORMING... ●

Although the countries of the region are still in the process of implementing certain professional standards, it is necessary to set the appropriate balance between the requirements of the profession, the real situation and the specificities of the market

● In which business processes can LeitnerLeitner contribute the most to removing the obstacles faced by your clients?

- At LeitnerLeitner we regard mutual communication with the state authorities as the key to successful cooperation.

On the basis of our rich experience, we at LeitnerLeitner place our expertise and long-standing international and domestic experience in the area of tax consulting, accounting and auditing, at the disposal of clients, all with the goal of enabling them to gradually develop their operations and make them adequate and stable.

When developing operations, the initial stage of familiarisation with the market, risk identification and optimisation, as

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27

BELGIUM

Developing A Good Neighbourhood Towards The EU

H.E. LEO VINCENT M. D'AES Ambassador of Belgium to Serbia

Since January 2014 Serbia has been actively engaged in the European Union accession process. Both politically and in economic terms, this entails the obligation to develop a good neighbourhood, notably within the Berlin process

This is a best practice that has now been the current practice in Belgium for more than 25 years, and which – thanks to the firm guidance of the EU – can and will be continued and bears fruit

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would see an important role for Serbia in acthe EU, this budgetary rigour is an essentively promoting the agenda agreed within tial element. the framework of the Berlin process, aimed Major business associations, such as at increased confidence-building, sustainable the Foreign Investment Council, the Serbian Association of Managers, the Serbipartnerships, and concrete transboundary cooperation, especially for the benefit of SMEs. an Association of Economists and organisations like NALED and others, repeatedThe visible benefits are a clear improvement in the macro-economic picture of the ly stress the need for a genuine level playing field for enterprises, as well as transcountry, well sustained by structured cooperation with the EU and major financial institutions. The potential of the economic modernisation of Serbia, and the bilateral/international implications of this process, are becoming increasingly clear and thereby attracting the active interest of investors. Reparency and predictThe potential of the economic garding best pracability – be that in tices, I note that the the tax administramodernisation of Serbia, and tion or more generSerbian economic the bilateral/international ally in the legal and authorities are makimplications of this process, are justice environment. ing every effort to sustain a difficult becoming increasingly clear and I would add to this fiscal consolidation. the wish that Serthereby attracting the active bia continue its efThis is a best practice that has now forts to actively asinterest of investors sist SMEs in daring been the current to launch a business by facilitating their practice in Belgium for more than 25 years, networking, i.e. through programmes like and which – thanks to the firm guidance COSME or EEN, managed by the Ministry of of the EU – can and will be continued and Economy with the help of the EU, and which bears fruit. In the ERP (Economic Reform provide access to the entire country. ● Programme) that Serbia has agreed with

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2017

Cultivating Good Neighbourly Relations

BOSNIA & HERZEGOVINA H.E. LAZAR MIRKIĆ

Ambassador of Bosnia and Herzegovina to Serbia

Serbia is our closest neighbour with whom we are continuously developing versatile and profound relations. We live in the same region and share the same challenges

Serbia still faces a lot of work in restructuring large state companies, privatisation, educational, health and pension system reforms, and improving legislation to encourage entrepreneurship and relieve the burdens on business

Latin Bridge, Sarajevo

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e used to be part of the same country and it is only too natural to be closely connected in every aspect. So we need to continuously keep the dialogue going, talk about every subject regardless of its difficulty and complexity. Serbia has responsible and down to earth leadership that has shown a readiness for political dialog and a decisiveness to take up matters important both for Serbia and for the region.

I can say that the Council of Ministers of Bosnia and Herzegovina and the Government of Serbia have recently established very good cooperation. The Chairman of the Council of Ministers and the Serbian Prime Minister, and all other ministers, have had intensive contacts and been solving concrete questions in their areas. We live in very turbulent times and witness important changes and instability around the world.

For our small countries, it is important to follow the situation, to adapt to it and cooperate among ourselves.

We all strive for economic prosperity, infrastructure connections and more intensive economic exchange, but the condition for all this is peace and stability. In this respect I see Serbia as a very constructive partner and its government as open, competent, responsible and dedicated. In future I see Serbia as stable and prosperous, and as an engine of positive change in the region both politically and economically.

The Serbian government has always been committed to reform and I think it is very good that these reforms come from inside, as a result of a realistic understanding and the need

to change things for the better in society. I see more and more foreign investors in Serbia, factories opening and people being employed. Great results cannot come overnight but I expect further economic growth and increasing salaries, with an improvement of standards in general.

I should also mention the very good reputation Serbia enjoys in the world and the fact that it is an unavoidable counterpart in almost all regional discussions. I think that together with reforms this attracts foreign investors who see Serbia as a safe and longterm place for business.

Serbia still faces a lot of work in restructuring large state companies, privatisation, educational, health and pension system reforms, and improving legislation to encourage entrepreneurship and relieve the burdens on business.

As I was a businessman myself before taking on the post of ambassador to the Republic of Serbia, I can say from my own experience that it’s best to hear what business people have to say. The recommendations of foreign investors are contained in the White Book that is prepared by the Foreign Investors Council. What is important is that the Government of Serbia respect these recommendations having set up a working group headed by the Prime Minister for its implementation.

It shows how seriously the Serbian government understands the task of improving the business climate, encouraging the expansion of existing investment and attracting new. â—?

We all strive for economic prosperity, infrastructure connections and more intensive economic exchange, but the condition for all this is peace and stability

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29

BULGARIA

Fully Implement The EU Acquis

H.E. RADKO VLAYKOV Ambassador of Bulgaria to Serbia

Serbia should serve as bridge that unites the region and brings a new dimension.

We greatly appreciate the efforts that Serbia exerts in the field of infrastructure development

Establishing transparent rules will be a positive signal for both foreign and domestic investors.

An effective judicial system and working administration are the other keys to creating a safe and progressive economic environment

National Assembly, Sofia

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he construction of both railway and highway routes of Corridor 10, as well as the establishment of modern transport infrastructure between Belgrade and Podgorica, guarantees an increase in the exchange of goods in the region. The existence of decent transport connections in the region will bring more investors and will have a direct impact on the local economies. On the other hand, Serbia has always had an active position in different multilateral forums for regional cooperation, such as the Black Sea Economic Cooperation and the Southeast European Cooperation Process. As the biggest country that emerged out of the former Yugoslavia, Serbia should be the leading force behind initiatives that will re-establish strong economic relations between the states of the Western Balkans. We expect that Serbia will take an active part in discussions on possible regional initiatives that will take place in Trieste, Italy, during the 2017 Western Balkans Summit, within the framework of the Berlin Process initiative for the European integration of Western Balkan states.

The results of the reforms already implemented could only be positive. Serbia has left behind the hard times of economic crisis and has marked stable GDP growth, which is expected to reach three per cent in 2017. I would like to underline the importance of the new Law on Investments, which is undoubtedly hugely beneficial for foreign investors and

INTERNATIONAL BUSINESS SECTOR IN SERBIA

I’m sure that in the coming years Serbia will have a sustainable level of foreign direct investments. However, there’s still a lot more to be done in the field of reforms. As an ambassador of an EU member state, my advice will be that your country should fully implement the EU acquis in its domestic legislation. This would create a reliable legal framework based on the most democratic and advanced principles, which would streamline the reforms and make them irreversible. The biggest challenge Serbia faces is to reform the administration and the judiciary, which directly impact on economic life, and to transform public enterprises.

As I have already mentioned, the most important thing is the full harmonisation of Serbian legislation with the EU acquis, as far as the economy is concerned, especially in the field of the free movement of goods and capital, public procurement, company law, intellectual property rights, competition policy, taxation, enterprise and industrial policy and the customs union. Establishing transparent rules will be a positive signal for both foreign and domestic investors. An effective judicial system and working administration are the other keys to creating a safe and progressive economic environment. Another important step Serbia should take is to abolish as many state regulations as possible. The participation of the state in economic life should be limited to the establishment of decent conditions for private capital to thrive. â—?

The biggest challenge Serbia faces is to reform the administration and the judiciary, which directly impact on economic life, and to transform public enterprises

2017

CANADA

Taxpayers Should Be Treated Fairly And Transparently

H.E. PHILIP PINNINGTON

Ambassador of Canada to Serbia

The objective in Canada, actually a target towards which we always strive, is to ensure that the government serves its citizens, who are the taxpayers, to allow them to live and work with a reasonable degree of certainty that they will be treated fairly and transparently, and that their skills and accomplishments will be the principal decisive factors determining how they prosper

Ottawa

There has been clear progress in the macroeconomic situation in Serbia over the past several years, largely due to focused, sometimes difficult, policy decisions

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ll of these policy decisions have been taken with the goal of moving forward into the future by transforming the economy so that Serbia can be ready to join, and to benefit from, the EU. With its size, strategic location and the potential of its economy, Serbia can play a positive role by projecting a similar forward-looking agenda regionally.

To date, reforms in several areas have improved the general business climate; they have created more certainty, allowing businesses to make more informed decisions about future plans, including investing and employment.

The implementation of e-permits for construction is an example of this. Not to be forgotten, some changes have also benefitted citizens and have made it easier for them to deal with the government. The objective in Canada, actually a target towards which we always strive, is to ensure that the government serves its citizens, who are the taxpayers, to allow them to live and work with a reasonable degree of certainty that they will be treated fairly and transparently, and that their skills and accomplishments will be the

principal decisive factors determining how they prosper. We seek to reduce the burden of government on businesses and to ensure that the rules of the game are clear, and that, when there are disputes, there are mechanisms for resolving them in a reasonable and quick manner.

I stress that these are our goals in Canada; we know that we have not fully achieved them yet.

The White Book produced by the Foreign Investors Council is an excellent compendium of Rideau Canal recommendations for improving the general business climate, and that need not be replicated here. Of particular interest to Canada over the past two years was the introduction of new legislation related to resource exploration and mining.

This is a good example of how the situation regarding processes, licencing requirements etc., has been clearly set out, providing clarity, and hence confidence, to Canadian investors in the sector.

So, more steps like this are required, whether in a specific sector or in broader areas such as the judiciary, the tax system etc., in order to improve transparency, clarity and predictability that will enhance business confidence. â—?

Of particular interest to Canada over the past two years was the introduction of new legislation related to resource exploration and mining. This is a good example of how the situation regarding processes, licencing requirements etc., has been clearly set out, providing clarity, and hence confidence, to Canadian investors in the sector

2017

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31

PEOPLE’S REPUBLIC OF CHINA

“Belt And Road” Initiative Leads To Brighter Future

TANG XIAODONG

Economic and Commercial Counsellor, Embassy of China to Serbia

Though thousands of miles apart, China and Serbia have a long-standing and ever- stronger traditional friendship

S The Chinese side has accorded great importance to the development of China-Serbia economic and trade relations, and considers Serbia as a reliable cooperation partner for China in the Balkan region

ince diplomatic relations were established, with the combined efforts of both sides, China-Serbia relations have developed in a steady, comprehensive and deepening way. In recent years there have been frequent high-level exchanges between the two countries, while pragmatic cooperation has been constantly deepened in all fields.

With the close attention of the two countries’ leaders, and through the promotion of the two governments and the joint efforts of enterprises, gratifying achievements have been made in mutually beneficial cooperation in economic and trade exchanges between China and Serbia – bilateral trade has been developing steadily; economic and technological cooperation has been continuously enlarged and deepened; economic and trade relations have become a crucial backbone of bilateral relations. Under the guidance of the comprehensive strategic partnership between China and Serbia, huge potential and promising prospects lie ahead in bilateral economic and trade cooperation.

China-Serbia relations are now in the best shape ever. Through the combined work of both sides, many “first” records have been set in bilateral relations between the two countries—Serbia is the first CEE country to have established a comprehensive strategic partnership with China, and is the first European country to have a visa-free agreement with China; Serbia has the first bridge in Europe to be built by a Chinese company. These “firsts” have laid solid foundations for the deepening of pragmatic cooperation between the two countries; and, thanks to solid and stable bilateral relations, Serbia is becoming an important node on the “Belt and Road” Initiative in the region of Central and Eastern Europe.

The Chinese side has accorded great importance to the development of China-Serbia economic and trade relations, and considers Serbia as a re-

liable cooperation partner for China in the Balkan region. The Chinese side also highly appreciates all the efforts of the Serbian government to promote economic reforms and improve the business environment, as these efforts have created favourable conditions for investors from foreign countries including China. Now, while playing active roles in the construction of Serbia’s infrastructure projects, such as highways, bridges, railways and power stations, Chinese enterprises are also seeking investment opportunities in Serbia. HeSteel’s purchase of the Smederevo Steelworks and conversion of it from deficit to profit has become a model of manufacturing capacity cooperation between China and Serbia; the opening of the Bank of China’s branch will provide great support for the investments of Chinese enterprises in Serbia. Furthermore, consultations on enlarging tourism cooperation and agri-product trade, and establishing direct flights, are underway between the two countries.

The Economic and Commercial Counsellor’s Office of the Embassy of the People’s Republic of China in the Republic of Serbia will be dedicated to promoting joint construction of the “Belt and Road” Initiative, seeking more breakthroughs of bilateral infrastructure cooperation by exploring various financial resources, and making Serbia a model in the building of the “Belt and Road”. Under the 16+1 cooperation mechanism for China and CEE countries, we will deepen practical cooperation and enlarge the volume of bilateral trade and investment, making Serbia a forerunner in the cooperation between China and CEE countries. Meanwhile, we will seize the opportunity for Chinese enterprises to participate in Serbia’s economic development and infrastructure construction, explore new fields, new channels and new patterns of economic cooperation, making Serbia an example for Chinese enterprises exploring the Balkan market. ●

Consultations on enlarging tourism cooperation and agri-product trade, and establishing direct flights, are underway between the two countries

Beijing

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2017

CROATIA

Important Role Of Serbia In WB Development

H.E. GORDAN MARKOTIĆ

Ambassador of Croatia to Serbia

There is virtually a consensus among all relevant actors in the region and Europe that highlights the specific and important role of Serbia for the sustainable economic development, cooperation and prosperity of the Western Balkans. The continuous and substantial growth of Serbian trade with the countries of the region further confirms this claim

It is extremely important for the structural reforms that are being implemented, and which serve to adjust the Serbian market to European standards, to also be simultaneously adapted to all available resources, in order to maximise all of the comparative advantages that Serbia possesses

Zagreb

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tanding out in particular is Serbia’s active role in the Berlin process, which among other things is aimed at creating better infrastructure connections between the countries of the Western Balkans. The construction and modernisation of road and rail traffic in Serbia and neighbouring countries would certainly help strengthen economic cooperation between these countries, which would also have a positive impact on the political stability of the entire region.

Serbia’s European integration path, which Croatia fully supports, and the numerous reforms along that path, contribute to the creation of an increasingly improving business climate and growing interest among domestic and foreign investments, resulting in the creation of jobs and the preconditions for the growth of living standards, which is by definition one of the fundamental tasks of any government.

It is extremely important for the structural reforms that are being implemented, and which serve to adjust the Serbian market to European standards, to also be simultaneously adapted to all available resources, in order to maximise all of the comparative advantages that Serbia possesses. I consider that it is only in this way that the reforms can ensure stronger and more long-term sustainable growth. The Republic of Croatia, which completed its path to Europe in 2013, with full EU membership, didn’t cease conducting reforms with that formal act, indeed they continue to this day and are primarily focused on the economy, the rule of law and, above all, the political stability of the country, the culture of dialogue and the creation of better living condi-

tions for all citizens. In doing so, we should especially address young people, who took advantage of the benefits offered by EU membership and the open labour market, and who leave the country in ever increasing numbers in search of more attractive and better paid jobs, in order to create conditions for as many of them to return and continue working in their home country. Given that Serbia is on an identical road as Croatia, you should already start thinking about that problem now, and seek the best solutions. It is particularly important that the Republic of Serbia remains committed to universal and European values, because I’m certain those are the same values that, in the long term, can provide a better and more secure life for all of its people.

The Serbian Government has invested significant efforts in ensuring the best possible conditions for investments. I would rate the package of measures to finance investment projects in the manufacturing sector as particularly important, and highlight comparative advantages such as competitive labour costs, low income tax rates and the possibility of duty-free exports to South-Eastern countries and Russia. Investors in Serbia, like everywhere else in the world, are most interested in the security of investments and achieving the greatest profits in the shortest possible time. How to find a system that would, in the best possible way, align the interests of investors and the state, which by definition seeks to ensure workers have the higher possible wages, and for all citizens to have better social and living conditions, is a question that is still being dealt with not only by politicians, but also many economic experts .●

We should especially address young people, who took advantage of the benefits offered by EU membership and the open labour market

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33

CYPRUS

Key Country For Regional Stability

H.E. CONSTANTINOS ELIADES

Ambassador of the Republic of Cyprus to Serbia

Cyprus shares the EU’s position and firmly believes that Serbia is a key country in the Western Balkans when it comes to safeguarding stability, peace and good neighbourly relations in this region

Without political stability there can be no social and economic prosperity, and in this light Serbia plays a crucial role

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to come will, first and foremost, benefit Serbia he Western Balkan region is one faced with and its people. Reforms in the economic and multiple challenges, both economic and financial fields have already yielded tangible political. Good neighbourly relations and and positive results. I am confident that once cooperation in various fields are sine qua non for the results of reforms start to have a more maintaining peace, stability and prosperity for all countries in the region.

Serbia, with a strong, democratic government that is resolutely committed to maintaining peace and working towards enhancing the economic integration and connectivity of the region, plays a crucial and vital role in moving the region forward towards a better, more prosperous future that will benefit all.

Without political stability, there can be no social and Nicosia economic prosperity, and tangible positive impact in this light Serbia plays a There needs to be legal on citizens’ lives, people crucial role. will realise the benefits Serbia is on its rescertainty, as little red tape for all and acknowledge olute path towards EU as possible, a resolute and that reforms , at the end membership, and in that of the day, mean better framework, like every determined fight against standards of living, proscandidate country, it is corruption and a functioning, perity and a government undertaking numerous independent and efficient closer to its citizens and reforms in a lot of fields. their concerns.

These reforms, though judicial system Foreign capital prisometimes not easy, will marily needs stable, democratic countries.

- in the medium and long term - render Serbia a There needs to be legal certainty, as little red better country and society than it is today. Foreign investors need legal certainty, a predictable tape as possible, a resolute and determined business environment and a level “playing field”. fight against corruption and a functioning, The reforms already undertaken and those still independent and efficient judicial system. ●

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2017

CZECH REPUBLIC

Regional Interconnections Provide Stability

H.E. IVANA HLAVSOVÁ

Czech Ambassador to Serbia

In the long run, Serbia is one of the Czech Republic’s priority countries in terms of economic cooperation and development assistance

We believe that Czech firms accessing Serbia and Serbian companies entering the Czech Republic via the European Single Market would facilitate a reciprocal exchange of goods and services, and make use of the comparative advantages of our countries

Prague

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erbia is a key player in relations among Western Balkan countries. Its good neighbourly relations with surrounding states are crucial for the political stability and economic prosperity of the entire region. For most of the neighbours, relations with Serbia are good and solid on the whole, although there are still some bilateral issues to address. Encouraging an increase in interconnection between countries provided by business cooperation and common development projects, both in the public and private sectors, is a possible way to ensure the stability of the region.

The Czech Republic is promoting even faster expansion of already continuously growing mutual trade, and strongly supporting Serbia’s accession to the EU. We believe that Czech firms accessing Serbia and Serbian companies entering the Czech Republic via the European Single Market would facilitate a reciprocal exchange of goods and services, and make use of the comparative advantages of our countries.

An excellent example of a well-functioning reform with an immediate benefit for the domestic market in Serbia is the simplification of the process for issuing construction permits. Thanks to computerisation, the whole procedure lasts just a week, instead of months, which creates great growth potential for the construction sector, while reducing the grey economy and illegal construction.

Moreover, notable improvement was achieved in the procedure for registering business entities. The possibility to apply for incorporation and VAT registration at the same time promotes market entry.

The expediting of this is an essential movement to

help the SME sector to grow and strengthen, which is what we understand as being the most important factor to secure the sustainable development of the Serbian economy, likewise in the Czech Republic.

Particular reforms in areas of business startups, dealing with construction permits and registering property have also been reflected in the World Bank’s Doing Business report, where an improvement to 47th place in the overall ranking for 2017 (compared to 91st place just two years earlier) is a credit to those who pushed it through.

Undoubtedly, despite the improving situation with FDI in Serbia and its rise to 5.4% of GDP in 2015, the country still suffers from underinvestment. Enhancing the environment for foreign investors coming to Serbia could help to attract more companies, especially those operating in the high-tech sector, either orientated towards manufacturing or R&D. This would mean deeper integration into global value chains and significant development of high value-added industries, which brings several positive consequences, such as reduced unemployment, a reduction of the brain drain, the development of supplier industries and increasing demands for quality as a result of tougher market competition.

Taking action towards attracting more FDI and promoting entrepreneurship seems to be an effective way of ensuring gradual development. The next steps towards increasing the attractiveness of Serbia as an investment destination should be raising the predictability of the business environment, facilitating access to finance for SMEs, furthering the integration of e-government and reducing bureaucratic obstacles for entrepreneurs. ●

By attracting more high-tech companies, Serbia would experience deeper integration into global value chains and significant development of high value-added industries

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DENMARK

Important Role In Regional Stability

MORTEN SKOVGAARD HANSEN Chargé d'affaires of the Royal Danish Embassy

Serbia plays a very important role in the region. Regional political and economic cooperation is extremely important and further progress would boost economic development. We hope that Serbia and the other countries of the region will build on the steps taken during recent years

I would highlight energy efficiency as a particular area of interest that also has huge economic potential for Serbia, through savings in both the public and private sectors, but also as a way of creating new jobs

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ll countries need to contribute by avoiding steps that could cause confrontation and by taking a constructive and flexible approach to cooperating and solving outstanding issues. These countries are moving towards the EU at different paces, and further regional cooperation would be an asset in the countries’ efforts on the EU accession path. The EU has supported regional cooperation in many fields, not least through financial support for new infrastructure being built in recent years. I hope that the Berlin Process can contribute to furthering cooperation at the meeting in Italy this summer.

Jobs would be one of the first things that come to mind when one considers the benefits of reforms. It is very positive to see that economic reforms and the EU accession process are now showing results, with falling unemployment rates. Unemployment is still a major challenge, but with continued reforms there are good opportunities for further growth and job creation in the coming years. As for best practice from Denmark, we are happy to share that in any area and we also benefit from cooperation with Serbia. We have already been working with Serbia in many fields, such as agriculture, environment and

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energy, as well as through rule of law related activities. I would highlight energy efficiency as a particular area of interest that also has huge economic potential for Serbia, through savings in both the public and private sectors, but also as a way of creating new jobs. And perhaps one of the next benefits people could feel from reforms would be cleaner air in the cities – that is an agenda we are all working on. A city like Copenhagen has come a long way, but there is still room for improvement.

Substantial advances have already been made in the business climate and we see increased interest among Danish companies and investors.

The full implementation of E-government would be an important further advance that would make the public sector more effective and, not least, contribute to transparency. This would be my most important point – transparency, both in connection with that the fight against corruption and in ensuring an independent, efficient justice system. We need to see a new and very clear commitment to the rule of law agenda. This is important to people and businesses, and is a key point when it comes to the pace of Serbia’s EU accession process. Civil society should also make its contribution to this process. ●

The EU has supported regional cooperation in many fields, not least through financial support for new infrastructure being built in recent years. I hope that the Berlin Process can contribute to furthering cooperation at the meeting in Italy this summer

2017

FINLAND

Long-Term Strategy - Key to Success

H.E. PERTTI IKONEN

Ambassador of Finland to Serbia

Sustainable economic and political cooperation go hand in hand. We would very much like to see the governments of the Western Balkan countries commit themselves to economic integration, in order for them to advance and achieve a free single market of goods, services and capital, and a professional workforce

We should not only speak about attracting investments, but also keeping them in Serbia and creating additional value by involving local companies as potential partners

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ooperation in the economic field is also beneficial for stability and prosperity in the region.

The EU is committed to supporting the enhancement of trade relations and deepening economic integration among the six countries of the Western Balkans, as testified to, for example, by the recent launch for the EU-funded project “Support for trade facilitation in CEFTA region”. As the largest regional economy, Serbia is well-positioned to advance economic integration in the Western Balkans, and we have recently heard some interesting proposals towards this goal.

The end goal of democratic transition is to create stable and reliable institutions and a viable civil society. It includes the fight against organised crime and corruption, as well as an independent media and judicial system, as well as other democratic values.

Well-functioning institutions and a stable society improve citizens’ lives and create economic stability. Serbia has done a lot and it is still exerting visible efforts in implementing all structural reforms. There is still a long way to go, but this is a normal process of transition.

I would like to emphasise once again that Serbia, along with the other countries in the region, should stay committed to the EU path, as the European Union has proven to be the best arrangement in terms of political and economic prosperity.

A long-term strategy is the key for the success of every nation. In Finland, we have been investing a lot in our education system, which brings benefits in the long run and has a positive impact all

sectors of our society. This long-term planning and focus on education could also serve as examples of good practices for other countries.

At the moment, Serbia needs to exert some additional efforts in reforming the judicial system and public administration, as well as finalising the process of privatising state-owned companies.

Furthermore, improvements in competition, transparency and efficiency in tendering processes will create additional interest in the Serbian market.

This has been repeated many times, but it really is necessary for attracting more investments into Serbia. All those reforms and efforts contribute to a stable economy and a stronger and more predictable business climate.

Serbia already has a pretty stable business environment and more and more companies from EU countries are willing to invest and do business here.

This is also seen in the fact that already 73 per cent of overall FDI comes from the EU and even more investments can be expected as Serbia progresses along its EU path. It is also very important to ensure that both domestic and foreign investors are treated equally.

To make it clear, we should not only speak about attracting investments, but also keeping them in Serbia and creating additional value by involving local companies as potential partners.

One of the main goals of our Embassy's activities is to increase trade and economic cooperation between Finland and Serbia and we believe that, as a consequence, more investments will follow. ●

At the moment, Serbia needs to exert some additional efforts in reforming the judicial system and public administration, as well as finalising the process of privatising state-owned companies

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FRANCE

Strengthen Regional And EU Cooperation

H.E. CHRISTINE MORO Ambassador of France to Serbia

Serbia/EU relations are of paramount importance to strengthening the economy, institutions and rule of law. The citizens of Serbia understand this link and the majority remain favourable to EU accession

The business environment is closely linked to the EU accession process and the adoption of European standards in crucial fields – i.e. right of establishment, competition policy, financial services etc.

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he government has made progress towards the EU, with eight chapters opened since 2015 and another four that could be opened by June 2017.

During Prime Minister Vučić’s visit to Paris (September 2016), the French authorities reiterated their support to Serbia’s priorities: economic development, negotiation to join the EU and lasting stabilisation of the Western Balkans. France also reiterates the necessity for an effective rule of law, which is crucial to the welfare of citizens as well as investor confidence, within the EU integration framework.

Serbia has a strong interest in regional economic cooperation, with 18 per cent of its exports directed towards the Central Europe Free Trade Agreement (CEFTA) states. Serbia has taken a leadership role in regional cooperation, as illustrated by its role in the Agrokor issue, by the Serbian Chamber of Commerce / Industry’s initiative to create the Western Balkans Chamber Investment Forum and by Serbia’s involvement in all connectivity projects (i.e. the Trans-Balkan corridor, Corridor 10).

The Serbian chairmanship of CEFTA (2017) comes at a moment when efforts are being exerted to further deepen economic integration in the Western Balkans, especially by reducing non-tariff barriers – an issue that will be addressed at the Summit of Trieste (July 2017).

Key obstacles to competitiveness, employment and growth are well analysed in the Economic Reform Programme for 2017-2019. Implementation of reforms has shown good results regarding economic indicators: growth is rising, public deficit is reducing, thanks to fiscal improvements, and unemployment has fallen slightly. While attracting FDI is crucial to improving competitiveness, these results are also of great importance. They are carefully monitored by foreign companies and, along with progress

towards EU accession, can encourage investment.

As for practices that were successful in France, I can mention the French Government’s Innovation Support Strategy, which comprised tax incentives for 16,000 innovative companies, 70 partly state-financed clusters, new incubators, programmes to support start-ups and attract innovative foreign companies, building a high-speed broadband network nationwide etc.

Serbia’s business climate has improved over recent years, as confirmed by the country’s ranking in the World Bank’s Doing Business Report and the World Economic Forum’s Global Competitiveness Index, but Serbia is still facing challenges and some reforms are crucial to sustainable growth. Stateowned enterprises still impact public finances and their privatisation must be completed in order to remove an economic burden.

The liberalisation of public utilities (electricity and gas in particular) would support better networks and regional interconnection. Public administration must be reformed to provide better public services and reduce bureaucracy. External exchanges have to be simplified in order to reduce soft trade barriers. Furthermore, links between research and private sector should be strengthened.

The business environment is also closely linked to the EU accession process and the adoption of European standards in crucial fields – i.e. right of establishment, competition policy, financial services etc. France welcomed the opening of negotiations on public procurement (Chapter 5). Indeed, improvement in this field requires more transparency, which will be greatly profitable to foreign and domestic investors. Deepening regional economic integration, including through efficient transport and energy infrastructure, will also be a strong asset. ●

Serbia has a strong interest in regional economic cooperation, with 18 per cent of its exports directed towards the Central Europe Free Trade Agreement (CEFTA) States

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SeniorPARTNER, Partner, AND andNIKOLA VUKOTIĆ, PARTNER , Partner AT LAW at Law FIRM Firm JPM JPM CORPORATE Jelena JELENA GAZIVODA, Gazivoda,SENIOR Nikola Vukotić

Serbia Challenges And Expectations Law Firm “Jankovic Popovic Mitic” has over a quarter of a century’s worth of experience. Senior Partner Jelena Gazivoda and Partner Nikola Vukotić talk about the hot topics and challenges they most frequently face with regard to most complex projects in public-private partnership (PPP), Serbian real estate market and clients investing in the Serbian energy sector

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o far the Commission for Public-Private Partnership (PPP) has issued favourable opinions for 48 projects, fewer than 10 of which have started - mostly local projects in the field of scheduled carriage of passengers, public lighting, local transport infrastructure and utility services.

Two very complex and financially weighty projects initiated by the city of Belgrade and the state give hope that things will change.

applicable to PPP, which carries the risk of insufficient legal security; lack of understanding that each project is individual and that the risks inherent to the specific project will be unavoidably ‘mirrored’ in the relation between the public and the private partner, which is in practice frequently overlooked by proposing contract models not necessarily appropriate for national circumstances and for the particularities of the specific project; lack of continuous institutional support to a project so that a “social contract” is not ensured; poor risk distribution between public and private partner; lack of appropriate security instruments for payments due to the private entity, which makes many projects potentially non-bankable; and lack of understanding that a relationship established to last for 50 years has to be based on flexibility which should not and must not endanger the lawfulness or the principle of ‘value for money’, yet should enable these extremely complex contracts of enormous value to remain in force.

The legal framework regulating real estate has changed considerably in Serbia, which has facilitated transactions. But investors are deterred by the continued existence of property rights from the socialist period and by the fact that restitution has still not been completed

● As a law firm with considerable experience, which problems do you most frequently encounter with public-private partnerships, where the private sector takes on much of the risk?

– The main issues with implementing PPP are the following: lack of awareness of the importance and complexity of PPP on the part of the public partner, which gives rise to misunderstandings between the public and the private partner at the onset; poor preparation of projects by the public partner, which causes several months of delay in the procedure; unwillingness of the public partner to guarantee completeness and correctness of the data it provides to its private partner relating to the PPP project; insufficient harmonisation of regulations

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● You also advise your clients on buying and selling all kinds of properties. Investment in real estate in Serbia

has its advantages, but has disadvantages as well. How do you assess the Serbian real estate market?

– The real estate market in the Republic of Serbia is not too different from markets in other countries, especially those of the European Union. Apart from economic market factors, which are the most influential, the legal framework regulating real estate has also changed considerably in Serbia, facilitating transactions. Changes that have significantly improved the real estate market and can be classified as legal factors include improvement of regulations governing planning and construction, advancement of mortgage law, enabling and clear legal regulation of various types of transactions resulting in acquisitions of property. Owing to these changes, the real estate market in Serbia has finally started to pick up, for both residential and office buildings. The real estate market has particularly been affected by amendments made to the planning and construction regulations which have facilitated the process of obtaining building permits, the greatest problem previously faced by investors in Serbia. These amendments adopted in the second half of 2015 have brought about a significant improvement of Serbia's ranking on the World Bank’s Doing Business list, which will undoubtedly attract foreign investors in the future. The negative factors impacting the real estate market are currently unresolved property relations from the past, a poorly developed public notary system and the slowness, lack of updatedness and uncertainty of the public real estate register. Historically unresolved legal property relations, with constant friction between restitution rights and rights arising from privatisation contracts, additionally aggravated by the demands of dissatisfied workers, have still not been resolved. The fact that Serbia still has some types of property rights from the socialist period, such as right of use, and that restitution has still not been completed, causes legal uncertainty which deters investors. Moreover, a public notary system for legalising property-related documents was introduced over the past two years, giving public notaries the discretionary right to decide in which cases to refuse to legalise such documents.

Public-notary practice is not standardised, with notaries

sometimes acting completely contrary to one another.

Legal uncertainty is also aggravated by issues relating to the real estate cadastre. Unstandardised practice, unclear regulations and slowness of the cadastre have cause private users, administration and judiciary alike to agree that it is imperative to continue working on improving the operation and efficiency of the cadastre. ● In recent years you have had many clients in the energy sector. This is an underused potential in Serbia, but to what extent does this make your work even harder?

– Projects in the energy sector are an opportunity for the development of Serbia and are interesting, dynamic, challenging and demanding for a number of reasons. Serbia is quite dependant on imports of certain energy sources, but also has much unused potential, particularly in the field of renewable energy sources. Limited energy reserves and an increasing demand make projects of this kind a must. The Energy Law is largely harmonised with the EU acquis, specifically with the “Third Energy Package”, and has set requirements and time limits for harmonisation with Community law, primarily in the field of NIKOLA VUKOTIĆ market liberalisation and unbundling of energy activities until recently performed by entities holding a certain monopoly on the market. Since 2015 the energy market has been significantly liberalised, not just with regard to regulatory requirements but also to complex transactions which have enabled implementation of the regulator’s requirements, and were both interesting and challenging pioneer projects that became a basis for national practice. In 2016 a modern legal framework was adopted which should enable further implementation of many initiated projects in line with international standards; this is extremely important as energy projects are expensive projects as a rule, funded thorough project financing. Expensive and technologically complex projects where energy production is the result of other non-energy activities remain a particular challenge for all those in the energy sector, and therefore for us dealing with energy law as well, where we regularly come across unharmonised regulations, and often face serious obstacles in delivery of the projects. ●

In 2016 a modern legal framework was adopted, which should enable further implementation of many initiated projects in line with international standards

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GERMANY

Supporting Further Economic Reforms And Regional Cooperation

H.E. AXEL DITTMANN Ambassador of Germany to Serbia

We want to see Serbia join the European Union, and we want to help Serbia fulfil the necessary criteria.

On this undoubtedly challenging path, it is crucial to bear in mind that these reforms are not being undertaken for the sake of the EU, but because they benefit the citizens of Serbia by improving living conditions in this country

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In taking the strategic decision for a future in the European Union, Serbia has embarked on a path of wide-ranging political and economic reforms. Germany takes great interest in supporting this process

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erbia’s contribution to regional stability is vital.

For instance, it was the initiative of the Serbian and Albanian Prime Ministers that led to the establishment of the Regional Youth Cooperation Office (RYCO).

It is very important to Germany that the countries of the region cooperate successfully and make progress towards their shared goal of becoming members of the EU. With this goal in mind, three years ago Chancellor Merkel and then Foreign Minister Steinmeier launched the Berlin Process, an annual conference bringing together the countries of the Western Balkan region, at which concrete joint projects and cooperation with the EU are discussed. These conferences, which have already taken place in Berlin, Vienna and Paris, and with the next to take place in Trieste/Italy in June, have brought substantial progress to regional economic and cultural relations, such as the RYCO. When Foreign Minister Gabriel visited Belgrade on 12th April, he underlined Germany’s support with regard to the achieving of further results, particularly in the area of infrastructure. The idea of working towards a common market, supported by Commissioner Hahn and Prime Minister Vučić, will also be an issue.

We want to see Serbia join the European Union, and we want to help Serbia fulfil the necessary criteria. On this undoubtedly challenging path, it is crucial to bear in mind that these reforms are not being undertaken for the sake of the EU, but because they benefit the citizens of Serbia by improving living conditions in this country. The economic reforms of previous years show encouraging results in terms of fiscal consolidation and growth. To make progress sustainable, it is crucial that these reforms be continued, with a particular emphasis on structural challenges.

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The dual education system is a perfect example of German “good practice” being integrated into reform efforts. We are working closely with partners from the government of Serbia, the Chamber of Commerce and Industry of Serbia (CCIS), the German-Serbian Chamber of Commerce (AHK), as well as German and Serbian companies, to promote vocational education and training (VET) in Serbia. VET can provide a major contribution to sustainable economic growth.

It benefits students, who, alongside their schooling, also receive paid training and the prospect of a longterm job. But it also provides companies with a better-trained workforce, thereby strengthening their capacity to offer complex products. This can improve the overall economic situation and thus help to create more and better-paid jobs.

German companies are now more active than ever before in Serbia, with almost 400 businesses and investments since the year 2000, adding up to more than €1.8 billion of investments. We want our bilateral economic ties to be strengthened and developed even further. To this end, reforms undertaken over the past years that pave the way to greater efficiency and a better environment for economic investment in Serbia are a very good start. Further tangible efforts in the area of the rule of law are now of particular importance. This is also reflected in feedback from the business sector in a recent AHK survey. It is important to note, though, that these reforms are not only needed for foreign companies to invest in a sustainable manner. They are also crucial when it comes to fostering entrepreneurship and strengthening the private sector in Serbia. We want to work with our Serbian partners to promote all these reforms and to support Serbia on its path towards the EU. ●

German companies are now more active than ever before in Serbia, with almost 400 businesses and investments since the year 2000, adding up to more than €1.8 billion of investments

2017

CORPORATE CLEMENS SACHS,

DIRECTOR AT LEONI WIRING SYSTEMS SOUTHEAST LTD.

Century Of Success – And Counting Leoni this year marks a hundred years of doing business in the global automotive industry, while the company has been operating in Serbia for eight years

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he LEONI name stands for first-class competence in wires, cables, wiring systems and related products. Its innovative solutions are used in the global automotive industry as well as in Serbia, but also in key industrial sectors like telecommunications, IT, health and energy.

at the end of June 2017, while the whole factory will be finalised by the end of this year.

And, yes, if we fill it to its capacity with production, Leoni will become the biggest foreigner employer in Serbia, and we think that’s a nice position to be in.

Besides that, to our Leoni local management it is more important for us to be the best employer, and not merely the biggest. That means providing people with the best possible environment during their working day and treating them fairly in all points that are reflected in their job and their private life.

With the new factory in Niš, Leoni’s invest in construction, equipment and land purchases will total more than 70 million euros.

● “The trick is to bring the German, systematic approach together with people’s flexibility and enthusiasm abroad,” said one of Leoni’s regional directors.

How has this “trick” been accepted in Serbia?

- Leoni sees this opportunity as a kind of cooperation and not as a kind of “teacher”, which local people should follow without any deviation.

Leoni is very proud that it In other words, it is about uti● The German-Serbian Chamber will soon have its third plant of Commerce recently conductlising the German management ed its annual survey showing that style (systematic), with the Serbian in Serbia. The first phase of German companies are optimistic advantage of flexibility and strong construction will be ready at and assess the economic climate willingness to together create the best synergy. the end of June 2017, while the in Serbia positively. Where do you see room to improve the business Both parties should at the same whole factory will be finalised environment in Serbia? level and should learn from each other.

- Yes, the Serbian-German Chamber This was always the style of Leoni by the end of this year of Commerce is right. Serbia is a managers here in Serbia, and it is one good country for Leoni when it comes to producing our of the root causes why we still remain here and develop portfolio and the climate is very good for us. and continuously grow here in Serbia, performing well.

We feel support from almost every party and organisation involved. However, there are still points that ● You recently opened a third factory in Serbia, with an should be improved and that will help make Serbia more investment of €22 million, which is expected to launch interesting and attractive for foreigner investors. production in August and thereby make Leoni one of As a main point, we see an obstacle in the form of the biggest exporters and employers in Serbia. To what import and export taxes, and with bureaucracy in general. extent have the company’s investments in Serbia to date Business today is a global market and time is money, so proved effective? obstacles that block these points should be changed in - Leoni is very proud that it will soon have its third plant the future, and soon. ● in Serbia. The first phase of construction will be ready

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Connecting Asia And Europe

GREECE

H.E. ELIAS ELIADES

Greek Ambassador to Serbia

Major infrastructure projects, such as the modernisation of the railway between Thessaloniki and Belgrade, will definitely benefit both countries by boosting Greece's position as a transit hub with Asia and the Middle East, via the port of Piraeus, and Serbia’s position as a bridge between Eastern and Western Europe

S Greece has dealt with the economic crisis by implementing a series of wide ranging reforms aimed at addressing its economic challenges and securing a return to sustainable economic growth

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uch projects could also improve performances in the context of the connectivity agenda.

Serbia is a key player in the region, due to its political and economic leverage. The unwavering commitment of the Serbian Government to advance further towards European integration, and to implement all relevant reforms, not only benefits Serbian citizens and the country’s economy, but also contributes greatly to regional political and economic stability.

Greece has from the outset been a staunch and constant supporter of Serbia’s aspirations to become a full member of the European family. This fundamental principal and commitment was reaffirmed by Greek Prime Minister Tsipras during his recent visit to Belgrade.

The Prime Ministers of Greece and Serbia reiterated in January this year their commitment to deepening bilateral relations in a wide range of topics: political, economic and cultural, and to strengthening their cooperation in challenging times for Europe and the region. Regional economic cooperation is an absolute necessity in today’s globalised economy, as well as in line with the European aspirations of the Western Balkan countries, as it boosts growth and jobs, contributing to the economic security of the whole area.

Over the past few years, the successful implementation of structural reforms by the Serbian government has ensured economic and financial stability, and has considerably improved the Serbian business environment, with results exceeding expectations in 2016.

Greece has dealt with the economic crisis by implementing a series of wide ranging reforms aimed at addressing its economic challenges

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and securing a return to sustainable economic growth. As part of these reforms, major infrastructure projects were completed, such as the modernisation of the Port of Piraeus, where Chinese shipping giant Cosco Pacific now holds a majority stake, aiming to promote Greece as a transit hub with Asia and the Middle East. I believe that Serbia has proven its continuous commitment to such structural reforms, also in the context of its European perspective, and strives to attract strategic investments that will enhance its role as a bridge between Eastern and Western Europe, and further promote regional connectivity and trade.

Serbia has already come a long way in creating a business friendly environment and was ranked among the global top 10 improvers in the latest edition of the World Bank Group’s ease of doing business report. In order to further facilitate trade and investments, remaining challenges related to the general administrative framework for economic activity should be addressed, by reducing red tape and decreasing delays in overcoming legal hurdles, as well as by harmonising trade regulations and eliminating technical barriers to trade.

Key remaining challenges will also involve modernising transport infrastructure, which will facilitate trade with neighbouring markets and eliminate increased costs associated with regional transport, ensuring better access to finance for small and medium-sized enterprises.

For their part, and despite the economic crisis, Greek businesses continue to operate and flourish in Serbia, serving as a sound vote of confidence for the country's ability to attract foreign investors and clear proof of an ever improving business environment. ●

Greek businesses continue to operate and flourish in Serbia, serving as a sound vote of confidence for the country's ability to attract foreign investors and clear proof of an ever improving business environment

2017

HUNGARY

Significant Development Of Economic Reforms

H.E. ATTILA PINTÉR

Ambassador of Hungary to Serbia

Serbia has achieved significant development in the past few years. Persistent implementation of economic reforms led to a reduced budget deficit, economic growth and an improvement of the business climate

B Serbia will have to improve its legislation and ease the still existing barriers in some trade-related issues

esides achieving macroeconomic stability, Serbia has been trying to settle its political relations with its neighbours and find a way to establish regional political stability. As regards Hungary in the last few years, since 2013 major progress has been made in the reconciliation process between our two countries. Since the creation of the Hungarian-Serbian joint academic committee, which investigated the crimes committed during and after World War II, as well as the two presidents jointly paying tribute in Čurog (Vojvodina) to the Serbian and Hungarian victims innocently executed during that infamous period, our bilateral relations have developed significantly. Serbian-Hungarian relations now have a character of mutual support, friendship, tolerance and respect towards our minorities. I believe the Serbian government is seeking solutions for issues in its relations with other neighbouring countries too. In his recent statements, Aleksandar Vučić, incumbent prime minister and president-elect, has been trying to respond calmly and reasonably to the political impulses coming from the countries of the region. He also makes recommendations for joint initiatives concerning the future of the Western Balkans (joint appearances on third markets, a customs union etc.). Serbia utilises its well-developed relations with China and is one of the most active participants in the China-CEE 16+1 cooperation. Serbia is also one of the main stakeholders in the joint project proposals concerning the construction of infrastructure networks in the framework of the Berlin Process, so I believe that Serbia is on the way to becoming a significant factor of sustainable political and economic cooperation in the Western Balkans.

Serbia has made great progress in improving

its business climate, especially with regard to the simplified procedure for issuing construction permits, which resulted in it climbing from 54th to 47th place on the World Bank’s “Doing business” list. Also, with the formation of the Serbian Development Agency and the implementation of the new regulatory framework, the system of investment incentives has become more transparent. Hungary strongly supports Serbia’s efforts towards EU accession in all areas. We provide a special advisor to the Serbian EU Integration Office, who shares his expertise with the Serbian negotiating team in preparing position papers, negotiation platforms and fulfilling benchmarks for the opening of EU negotiation chapters. We have an ongoing twinning project in the field of zoonosis and food-borne disease control, but many other successful twinning projects have also been realised with the participation of Hungarian experts.

We are ready to share our best practices regarding tax administration reform and contract enforcement aimed at finding faster and more efficient ways of solving economic disputes. Hungary can also offer knowhow and technology transfers in areas like energy efficiency, environmental protection, water management, wastewater treatment, agriculture technologies and ICT. We expect Serbia to successfully finalise the privatisation process and the restructuring of state-owned enterprises. Serbia will have to improve its legislation and ease the still existing barriers in some trade-related issues (veterinary and phytosanitary control of products, acceptance of the CE sign and the harmonisation of technical standards with those of the EU etc.). Hopefully, the process of restitution will bring much-needed clarity in property rights. ●

Serbian-Hungarian relations now have a character of mutual support, friendship, tolerance and respect towards our minorities

Hungarian Academy of Sciences, Budapest

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ISRAEL

Huge HR Potential In Tech Sector

H.E. ALONA FISHER-KAMM

Ambassador of Israel to Serbia

Serbia has huge potential of human resources in the tech area, which is to be developed and transformed into the leading revenue generator

As the world’s second start-up capital and a country which based its economy on export of knowhow, our Embassy already takes an active part in the Serbian start-up and tech community, and will happily continue to support such initiatives

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erbia is perceived as a regional leader in terms of achieving a sustainable political and economic environment. This is supported by ongoing reforms that have resulted in fiscal consolidation, inflation remaining within the target band and a decreased unemployment rate, as well as the growth of investments. Also, numerous infrastructure development projects have been initiated by Serbia, to the benefit of the region.

The same can also be said for its contribution to political cooperation. Serbia has proven itself to be a reliable partner to the EU community, while maintaining special relations with Russia, China, the U.S. and other partners. It has become a factor that guarantees peace and stability, which contribute to the further economic development of the region.

I’m in the process of discovering the broad spectrum of Serbia’s economy, but what I’ve already seen to date is the huge potential of human resources in the tech area, which is to be developed and transformed into the leading revenue generator. It was with this in mind that the Serbian government declared its Decade of Entrepreneurship, with many activities to be implemented.

Israel has based its economy on the export of knowhow. Due to the very specific geopolitical environment and a scarcity of natural resources, and after we faced the macroeconomic crisis of the 1990s, our government made a strategic decision to invest in R&D and to make

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hi-tech the driving force behind our economy.

This is a matter of national priority and, despite internal political changes, our level of investment in R&D remains stable. The rest is history, with Israel being recognised as the “'startup nation'” all over the globe.

The education system is important for building a sustainable ecosystem. This is especially so with universities, which should be nurseries of creativity and innovation with their own hubs. As the world’s second start-up capital and a country which based its economy on export of knowhow, our Embassy already takes an active part in the Serbian startup and tech community, and will happily continue to support such initiatives.

Serbia made progress on the Doing business list and especially under the Infrastructure criteria, wherein the e-permitting system contributed to a dramatic leap in ranking. A decreased fiscal deficit with high fiscal discipline, inflation below the target band and a confirmed B+ credit rating are just some of the positive outcomes of the ongoing reforms.

The issues of cutting red tape, creating and maintaining a stable legal and macroeconomic environment, with an efficient judiciary and rule of law, are rated highly when companies are considering investments in Serbia.

The Embassy records high interest on the side of the Israeli business community, with the inquiries and requests we receive, which proves the positive perspective and image that Serbia has. ●

The issues of cutting red tape, creating and maintaining a stable legal and macroeconomic environment, with an efficient judiciary and rule of law, are rated highly when companies are considering investments in Serbia

2017

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ITALY

Serbia Still Has Lots Of Unexplored Potential

H.E. GIUSEPPE MANZO

Ambassador of Italy to Serbia

Stability and cooperation in the region are perhaps the top priority for anyone who approaches the issue of the Balkans with a sincere desire to push this part of Europe on a path towards sustainable social and economic growth, and to see it join the EU in the future

Focusing now more on strengthening the rule of law in the field of economy - but also of society - would benefit not only potential business, but also everyday citizens, who might perhaps be more willing to become businessmen and businesswomen themselves

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olitical and economic dimensions are equally crucial and strongly intertwined. We see an outstanding example this year when we celebrate the 60th Anniversary of the Treaties of Rome, which formed the basis of six decades of lasting peace in Europe, of citizens from different countries travelling, studying and working together. At a time when Europe is rethinking itself in order to be able to face new challenges, it is very telling that new initiatives aimed at integrating the Balkans are moving ahead. Serbia has proved to have both the potential and the responsibility to play a crucial role in this process. It is important that Belgrade puts all its efforts into that, to the benefit of its citizens, who will eventually enjoy the effects of a more stable and integrated area. Along these very lines, Italy is preparing the next Summit of the Western Balkans Process, which will take place in Trieste on 12th July. Economic cooperation, connectivity, growth, citizens’ needs and the rule of law are indeed the key words of the event, showing that support to the Western Balkans Six area’s integration and European path is our priority (Italy’s and the Balkans’ other main European partners). As we say, it takes two to tango: in this case it takes six. We trust and encourage Serbia, among these six, to be a most active player to promote stability, cooperation and integration.

The business environment in Serbia has undoubtedly improved in the last few years, as also shown by international ranking lists. Many factors contributed to that: major reforms in the employment sector, fiscal consolidation and macroeconomic stability, incentives for foreign direct investments.

Further improvement in the standards of the broader frame given by Serbian society and public life (i.e. rule of law, efficiency of the public administration) will certainly contribute to making the business environment even more attractive for

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foreign investors. There are more and more Italian investors coming and Italian-Serbian trade keeps increasing year-on-year – in 2016 our bilateral exchange reached €3.7 billion – and represents the perfect example of how strong commercial ties can bring benefits to both countries. The long lasting economic cooperation between Italy and Serbia is a partnership based on some important similarities. Among them we can refer to SMEs, which are the backbone of our economies and which allow many Italian investors to share their best practices with their Serbian colleagues for the creation of networks, clusters and industrial districts.

Serbia still has a lot of unexplored potential: cultural heritage and its economic value. Italian experts who have successfully implemented new management strategies linking tourism, culture and traditions in places like Pompei came to Belgrade and shared their knowledge and experience with dozens of Serbian colleagues from different cities and institutions.

Factors that can improve or not improve the business climate are linked to simple questions that every potential investor asks before starting a business plan: will it be easy to acquire permits for building a plant? How high and complicated are the local taxes? How effective and transparent is the public administration and the judiciary? All major international partners, including International Financial Institutions, recognise the efforts exerted

by Serbia to reform and improve its economic system and figures. Focusing now more on strengthening the rule of law in the field of economy - but also of society - would benefit not only potential business, but also everyday citizens who might perhaps be more willing to become businessmen and businesswomen themselves. And Italy is also strongly supporting Serbia on this, for instance through its assistance on organising and strengthening an effective anticorruption agency and set of rules. ●

SMEs are the backbone of the Italian economy and allow many Italian investors to share their best practices with their Serbian colleagues, for the creation of networks, clusters and industrial districts

2017

CORPORATE Dragan Filipović, President of the Executive Board and CEO of Generali Insurance Serbia

Developing The Economy Advances The Insurance Sector Reforms conducted by the Government are having a positive influence on Serbia’s overall economic development. With respect to the insurance sector, premium grants for insurance of agriculture and livestock will further boost the development of the insurance trend in agriculture, which is the most important branch of our economy

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urthermore, measures taken by the National Bank of Serbia are making a positive impact on growth and the regularity of business. With respect to the insurance sector, the Serbian market doesn’t differ much from that in other European countries. We have a wide range of types of insurance and with the introduction of the Solvency II regulation which defines capital adequacy we are further approaching the European market. ● How do you explain the fact that the total amount of premium insurance in Serbia was 2% of GDP last year compared to the EU’s which was three times higher, and the fact that life insurance was below 25% of this compared to 60% in the EU? - It is a fact that the insurance sector in our country is still underdeveloped, even if there are signs of double-digit growth each year. The nominal increase of total premium is 10.1% suggesting a continuing positive trend in market development. However, the amount of premium per capita is still very low in Serbia: last year it was 108 dollars, while in the European countries it was 2,400 dollars.

With further development of our country and its living standards, the insurance sector will also prosper. We need to spread the culture of insurance and advise citizens to secure what is most important to them life, health and property by suitable insurance solutions. ● Even so, Generali achieved good results in 2016, primarily thanks to insurance that companies provide for their workers.

Doesn’t this mean that insurance was seen as an investment rather than an expense?

- Of course, we achieved good results in 2016. We demonstrated once again our ability to create new value for our clients, shareholders and staff. Our good results placed us among the best companies in the Central East European region and on the insurance market in Serbia. With 22.2% of market share, we secured the status of the second largest insurance company on the domestic market. In the life insurance sector we proved to be market leader in the last couple of years, by increasing our market share to 30.1% in 2016. We are also the leader in health insurance with a 43.8% market share.

It is also a fact that employers increasingly recognize health and life insurance as a good benefit for their employees, and that this affects the development of this type of insurance. People who

agree to take such insurance are well informed that it is a good investment and a responsible attitude. On the other hand, people still often come to say that the insurance is expensive, even if they can secure their house or flat for 40 euros per year, which is not expensive, as I am sure you will agree. This is especially obvious when you know that this can protect property up to a value of 60,000 euros. ● What could be added to the Government’s reform agenda to promote the insurance sector and the overall economic development of Serbia?

- What we should all do is to spread the culture of insurance. The Government should be very active in the process, explaining to citizens that they have to take the initiative to protect their property now, rather than to expect government support after a disaster.

Even more prosperous countries cannot constantly support their citizens. This is why there is insurance to cover damage. The possibility of introducing mandatory insurance of property for basic risks should also be considered. When people have been used to having insurance for several years, they will continue paying for it of their own free will. Tax incentives for people who pay life and health insurance may further influence development of the sector in an important way. ● Generali is a company with a long history of business in Serbia. What is your experience with the investment and business climate in Serbia?

- Generali Serbia is a domestic company belonging to an international group. We started as a greenfield investment and became the second largest insurance company in Serbia with around 2,000 staff. From the insurance standpoint, our results prove that the business climate in Serbia, though highly competitive, is suitable for development and obtaining good results.

Amendments to the Insurance Law have allowed the introduction of new products to the Serbian market. However, for insurance and other sectors to see a better potential for development, amendment of other regulations in the field of expanding the “free space” for investment and management is needed. More efforts should be put into the transparency of business and healthy market competition. This will improve customer satisfaction – which is the focus of our company. ●

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Partnership Brings Mutual Interests

INDIA

H.E. NARINDER CHAUHAN

Ambassador of India to Serbia

Serbia is India’s privileged partner. Our political relations remain excellent and external ties are vibrant

The Indian and Serbian governments have put in place the necessary legal framework and economic agreements to leverage ongoing reforms in both Serbia and India

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here has been 26% year-on-year growth The visit is expected to provide real momentum to mutual advantage. Serbia can benein the number of Serbians visiting India, fit from Indian expertise in using IT as a tool both for pleasure and business. Several to improve public service delivery, such as Serbian companies are visiting India to participate in trade fairs and provide technological e-learning, e-government services, tele-medicine, e-education, e-authentication, cyber support to Indian companies. Our economic relations are being revived.

Indian agriculture machinery and pharma products are in demand in Serbia.

Serbia’s political stability, disciplined workforce, geographic position in the region and privileged trading relationship with the EU, Russia and CIS countries, are major plus factors. The EU accession proLotus Temple in New Delhi cess additionally provides internet-governmany other opportunities, Frequent visits by political security, ance, e-commerce etc. Seras does Serbia’s special ar& business leaders on rangement with the Eurobia has an important role to pean Union and CEFTA etc. play in new economic proboth sides, along with jects in India, including DigThe Indian and Serbithe implementation of an governments have put ital India, Make in India etc. in place the necessary leSerbian Prime Minister economic agreements and gal framework and ecoVučić’s visit to India earlier visa liberalisation, are key this year opened a new era. nomic agreements to levto creating awareness and The Prime Minister’s visit erage ongoing reforms in both Serbia and India. Inwas very well received and producing results dian-Serbian economic cohe personally spoke with operation received a significant boost at the political and business leaders in India about beginning of 2017, when Prime Minister Vučić the growing economic opportunities in Serbia and the fiscal and other incentives to atvisited India at the invitation of Prime Minister Modi to participate in the Vibrant Gujarat tract FDI. Frequent visits by political & business leaders on both sides, along with the imEconomic Summit and discussed cooperation plementation of economic agreements and in the fields of agriculture, pharmaceuticals, visa liberalisation, are key to creating awaredefence, health, film, tourism and IT. PM Vučić ness and producing results. ● called for more Indian investment in Serbia.

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2017

INDONESIA

Opening Larger Scale Trade And Business Opportunities

H.E. HARRY KANDOU

Ambassador of Indonesia to Serbia

Serbia, through its four-pillar foreign policy – with those pillars being the EU, U.S., Russia and China – the adoption of a policy of military neutrality, the normalisation of relations with Kosovo and its goal of EU accession, has developed increased political stability in the region, which can form a basis for economic gains

Best practices from Indonesia that could be implemented in Serbia include, among others, improvements on government debt through the tax amnesty programme that has been quite successful

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ndonesia sees that Serbia plays an important role in preserving peace and ensuring stability in the region. As a regional hub, due to its strategic geographical location, well-educated and affordable labour force, and free trade agreements with key markets like those of Russia, Turkey, the EU, CEFTA, EFTA, Belarus and Kazakhstan, the window of opportunity has opened for Serbia to attract foreign investment. This increases our own confidence when it comes to enhancing economic cooperation between Indonesia and Serbia. The economic reforms that Indonesia is experiencing and the economic recovery of Serbia signal the opening of larger scale trade and business opportunities than previously enjoyed.

Serbia’s economic performance has shown strong development since its recovery from the 2014 slump. Economic growth has been increasing, driven by healthy, strong domestic demand. Growth is also expected on the back of rising private consumption and to be supported by continuously robust export and investment. Serbia has also been successful in preserving its price stability. Its strategic role is reflected in its international trade performance, where export experienced double-digit growth in 2015 and 2016, larger than its single-digit import growth.

This strong economic performance is nevertheless a result of structural reforms undertaken by the government, which lead to a better business environment, improved expectations, easier financing conditions and a marked increase in government capital spending.

Best practices from Indonesia that could be implemented in Serbia include, among others, improvements on government debt through the tax amnesty programme that has been quite successful – not only in terms of increasing tax income, but also by widening the tax database for future interest, deepening the financial market programme that can support the stability of exchange and interest rates, and the establishment of national coordination crisis management protocol to maintain financial market confidence.

The investment climate in Serbia is improving continuously. However, there will certainly be further room for substantial progress, with economic reform remaining at the top of the government agenda.

The Government of Serbia may take into consideration the development of the creative economy industry, which has potential in Serbia that is still untapped. Creativity is one of the engines of economic growth. It serves as a strategic resource for raising competitiveness within the knowledge-based economy. Economic creativity can be implemented through the establishment of a supporting institution, incentives such as tax breaks in the creative industry for young entrepreneurship, providing entrepreneurship courses as an educational youth programme, and ensuring better coordination and cooperation among all stakeholders involved in the development of the creative industries at local, national and regional levels. ●

The Government of Serbia may take into consideration the development of the creative economy industry, which has potential in Serbia that is still untapped

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We’re Here To Help

JAPAN

H.E. JUICHI TAKAHARA

Ambassador of Japan to Serbia

It is vital that the administrative regulations and procedures in Serbia are simple. Japan’s extensive experiences may contribute to Serbia’s further development in that and other fields

J In light of our practises, the deregulating of various economic sectors and the privatisation of public enterprises has proven invaluable to facilitating the activities of companies and investors

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apan welcomes Serbia’s efforts towards ensuring regional peace and stability through high-level dialogue and cooperation with neighbouring countries. Serbia is key to peace and prosperity in the region and has been playing a constructive role in various cooperation processes, such as the Berlin Process, with a number of ongoing joint development projects. Japan also welcomes the humane and responsible manner in which the government and the people of Serbia have handled the unprecedented number of refugees and migrants arriving in the country.

Europe is now facing various challenges, including Euroscepticism as seen through Brexit, violent extremism, populism, the migrant crisis and relations with the new U.S. Administration. Japan expects Europe, the EU in particular, to remain strong and united as an important partner which shares fundamental values with us, such as freedom, democracy, human rights, the rule of law and market economy. In this context, it is encouraging that Serbia and other Western Balkans countries maintain their trust in the EU and continue their reform efforts towards European integration, as a primary goal.

I highly appreciate the efforts of the Government of Serbia when it comes to implementing economic reforms that lead to the improvement of the country’s business and investment environment, such as the adoption of the new Labour Law and the new Law on Investment. The results of reform are reflected in the World Bank’s latest Doing Business List and the World Economic Forum’s Global Competitiveness Index, in which Serbia is improving steadily.

In light of our practises, the deregulating of various economic sectors and the privatisation of public enterprises has proven invaluable to facilitating the

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activities of companies and investors. Japan started by privatising steel and mining companies first, followed by more intensive reforms of public enterprises from the 1980s onwards, such as the national railway and highways, the national airline and airports, postal and telecommunications services.

Also, thorough deregulation has also been carried out in sectors like construction and transport, electricity and gas, agriculture and medicine. I hope that these extensive experiences of Japan may contribute to Serbia’s further development.

I would like to cite some important elements in creating a business-friendly milieu for potential investors: it is desirable for administrative regulations and procedures in Serbia – related to permit approval, registration, customs clearance etc. – to be constantly examined and revised where necessary. It is vital that they are simple, clear and easy to follow, and that there is little room for speculation and corruption.

There should be no place for an arbitrary interpretation of regulations, or the irregular applying of procedures.

Moreover, businesspeople are also concerned about prolonged processes, especially proceedings with commercial litigation, which take so much time, raise costs and can represent a potential risk for a business. It is therefore necessary to strengthen the judicial system, as well as ensuring the efficiency and efficacy of law enforcement, including assurances of the respect of property rights and control over the informal sector.

Furthermore, one vital point is continuous improvement of macroeconomic management. In this regard, last year we witnessed a further increase in the GDP growth rate, a reduction of the unemployment rate, as well as exceptional results in fiscal consolidation and budgetary surplus for the first time after a long period. ●

Businesspeople are concerned about prolonged processes, especially proceedings with commercial litigation, which take so much time, raise costs and can pose a potential risk for a business

2017

CORPORATE Naoki Tsukada, General Manager of Mitsubishi Corporation’s Belgrade Liaison Office

New Strategy, New Focus

The Strategy up to 2018 takes into account various environmental factors that are expected to have an impact on the Company, such as the world economic slowdown and geopolitical risks

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ith over 200 offices and subsidiaries in approximately 90 countries worldwide, and a network of over 600 group companies, Mitsubishi Corporation (MC) employs a multinational workforce of approximately 70,000 people. Its office in Belgrade was established 52 years ago, making it one of the company’s oldest offices in the world: the Belgrade Liaison Office now covers several countries in the region. Here Naoki Tsukada, General Manager, talks about the new management strategy up to 2018.

“Midterm Corporate Strategy 2018 – Evolving Our Business Model from Investing to Managing” sets forth MC’s corporate vision and management approach over the next three years, both of which are designed to generate sustainable business value. The strategy takes into account various environmental factors that are expected to have an impact on MC’s operations, including the world economic slowdown, changes in commodity markets, geopolitical risks, long-term stagnation of resource prices and changes caused by technological innovations such as AI and the IoT (the so-called “Fourth Industrial Revolution”).

ethics, the foresight to anticipate and adapt to change, and the execution skills to overcome challenges in any business environment or era. More opportunities for employees to innovate new businesses will further enhance MC’s businesses, creating a virtuous cycle of professional and corporate growth. ● How will the management establish a balance between investment in resources and non-resources?

- In the resources sector, MC will focus its investments in metallurgical coal, copper and natural gas, optimising the quality of its portfolios while maintaining their overall sizes. In other areas of its business, MC will re-profile its portfolios but increase their sizes by investing in growing businesses where the company can proactively demonstrate its strengths. ● The new strategy involves a new focus: “Further Evolution from Investing to Managing”. What does that mean?

- Over the strategy’s three-year period, MC will manage its investments and shareholder returns within its capacity to generate cash. Until now, MC has generated growth primarily by investing in businesses; however, the new strategy will focus more on proactively managing the businesses, enabling our management partners to benefit from MC’s unique strengths and functions, and generating continuous value together.

Recognising that businesses have lifecycles influenced by environmental and other factors, MC will re-profile its portfolios by proactively demonstrating the company’s strengths. ●

The new strategy will focus more on proactively managing the businesses, enabling our management partners to benefit from MC’s unique strengths and functions

● Success in business today means vision. What is the vision of the Company in the future and what could employees expect?

- MC is focusing on leveraging its ingenuity to create new business models and generate value for societies, thereby developing the highest level of management expertise. MC will also provide more opportunities for employees to develop into future leaders, instilling them with a strong sense of

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NETHERLANDS

Serbia Should Learn From Others’ Successful Experiences

H.E. HENK VAN DEN DOOL

Ambassador of the Netherlands to Serbia

Serbia is a key economic player in the region and I believe it has huge potential to become a regional business hub

It is not necessarily useful to compare Serbia to the Netherlands, but it is always good to learn from others’ experiences, especially if they have proven to be successful

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erbia definitely plays an important rela. Most of these measures have proven to gional role, both in terms of economy be good for economic growth and the protection of civil rights and property. Now, as and stability. The Government of Serbia chapters are being opened, it is important to has clearly demonstrated its commitment to keep the work going. My country, of course, building strong and stable economic ties with can offer specific experiences in areas like its neighbours, which are simultaneously Serbia’s strongest export markets. After expeflood protection and water management, reriencing measurable benefits worth around newable energy, energy efficiency and agriculture. On top of that, Serbia is currently in€1 billion since CEFTA was introduced, Serbia cluded in another regional project supportis nowadays demonstrating new initiatives ed by the Dutch Government called SPATIAL. aimed at creating an even more interconnected market with its neighbours, for example The aim of this project is to strengthen professional access to information about land, through a joint customs union. This proposal is interesting and deserves to be studied thereby simplifying the lives of both citizens thoroughly. It is crucial and businesses. that such a Union, were After experiencing measurable This is a fundamental issue, while at the it to be created, should benefits worth around €1 same time actually a in no way interfere with billion since CEFTA was very simple one. The the different EU-trajectories of the countries of introduced, Serbia is nowadays four characteristics underpinning any business the region. demonstrating new initiatives friendly market in the Having said that, I do see Serbia as a key eco- aimed at creating an even more world are: 1.) efficient nomic player in the rereliable rule of law, interconnected market with and gion and I believe it has meaning inter alia preits neighbours, for example dictability, quick and fair huge potential to become a regional busi- through a joint customs union. judicial procedures and ness hub. efficient protection of This proposal is interesting It is not necessarily property rights – there useful to compare Seris still much to be done and deserves to be studied bia to the Netherlands, in this specific respect; thoroughly but it is always good to 2.) good relations with learn from others’ experiences, especialneighbours – being part of a larger market ly if they have proven to be successful. The means having a more competitive economy and better export opportunities, while key is that Serbia should continue to focus for Serbia this obviously means carrying on on transposition of the EU acquis. Serbia is with EU-integration; 3.) stable and healthy already conducting challenging reforms in public finances; and 4.) zero tolerance for public administration, public finances and corruption. ● rule of law, under the EU accession umbrel-

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2017

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NORWAY

H.E. ARNE SANNES BJØRNSTAD

Scandinavianism And Balkanism

Ambassador Of Norway to Serbia

As regulation and legislation are more harmonised with the EU, Serbia is now a more attractive destination for investments. Both domestic and foreign investors always seek predictability and transparency. This is what EU accession provides, and we can see it starting to happen

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The Western Balkans shares a common history, similar traditions and various forms of common communications. The same is the case for the Nordic countries. So, why not follow the Nordics, whose cooperation is a product of “Scandinavianism”? This is an idea contemporary to the Illyrian or South Slavic Movement of the 19th century that is still going strong, although under a different name: Nordic cooperation

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o model can be transferred “as is” sult, detailed action plans have been developed together with the EU, aimed at ensurto another area. Every region has its ing the independence, impartiality and effiown unique characteristics. But the ciency of the judiciary.

Nordic cooperation can serve as a model for the Western BalThe government has kan countries. A great also continued implementing important ecoexpert in the Balkan nomic reforms, such as region and Norwegian public administration politician and diplomat reform and the privaMr Thorvald Stoltenberg has been one of tisation of state enterprises, like in the case of the most vocal supporters of the Nordic coopthe Smederevo Steeleration model being apworks, which has been plied in the Western Balresolved successfully. kans. Serbia could take As regulation and a lead role in initiating legislation are more harmonised with the EU, such cooperation.

Serbia is now a more atThe Government of tractive destination for Serbia has embarked investments. Both doon an important reform A great expert in the Balkan mestic and foreign inprocess within the EU accession process. Ser- region and Norwegian politician vestors always seek prebia has opened eight of dictability and transparand diplomat Mr Thorvald ency. This is what EU ac35 chapters in its EU membership talks since Stoltenberg has been one of the cession provides, and can see it starting to January 2014. That is a most vocal supporters of the we happen. Namely, more significant number of important negotiation Nordic cooperation model being Norwegian companies chapters in a short pe- applied in the Western Balkans have expressed an interriod of time, which conest in investing in Serbia. firms the government’s dedication to the There are early signs of recovery and the combination of the economy, EU accession and European course. It is especially important the political climate altogether will hopefully that the government has placed the area of bring growth to Serbia in the coming period. ● rule of law at the top of its agenda. As a re-

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2017

POLAND

Returning To A Good Tradition

H.E. TOMASZ NIEGODZISZ

Ambassador of Poland to Serbia

Although I appreciate the Serbian government’s undertakings towards improving the business and investment climate, I know that some Polish companies still face problems, for example at the local level.

Our businesses often struggle with unclear legal provisions

Warsaw

I wish for Serbia to return to the good tradition of being the trade and economic centre of the region, considering that Belgrade spent many decades as the common capital of the Western Balkan area

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Aside from essential changes, the “Busihope that politicians and entrepreneurs will ness Constitution” introduces many other lessuse this historic bond in a spirit of partnership rather than domination, so that it could er changes – for example, it abolishes the registration obligation for small business owners: serve the common interests of the countries it means that there will be no need to register a of the region. company if the income is up to half of the minWhile I positively assess the effects of economic reforms in Serbia, including privatisation, imum wage. Apart from facilitations for small I hope that you will conduct reforms more coubusiness or those starting a company, it also rageously. I also think it is crucial that Serbs tackles the grey economy by creating incentives to incorporate it into the legal system. themselves take over the state-owned companies, just as our citizens did in Poland. This I notice the need to introduce amendments will contribute to strengthening your econoto the commercial and banking law, and to my by making sure that the capital remains simplify unclear procedures. It is also important to increase the role here in Serbia. On the other hand, foreign capital of the Belgrade Stock will be used to modernExchange in the privatiise Serbian companies sation process. Companies that want to enter and increase their competitiveness vis-à-vis forthe stock market are reeign companies. quired to submit reliable Although many years and verified data, which have passed since the positively influences the most comprehensive reOld Town Market Square, Warsaw conditions of conducting forms have been signed business. into law in Poland, we It is crucial that Serbs themselves Although I appreciate the Serbian govstill notice the need to take over the state-owned ernment’s undertakings support the spirit of entrepreneurship and to incompanies, just as our citizens towards improving the troduce solutions that business and investment did in Poland will facilitate doing busiclimate, I know that some ness in our country. From the perspective of SerPolish companies still face problems, for exbia, solutions from what we call “Business Conample at the local level. Our businesses often stitution” could be of particular interest. “Busistruggle with unclear legal provisions. ness Constitution” is a set of bills, proposed by Still, an increasing number of Polish entrepreneurs recognise the potential of the Serbithe Ministry of Development and currently under consultation, that is meant to ease doing an market. Certainly, as Serbia’s accession to business and eliminate legal burdens for enthe EU approaches, your market will become trepreneurs (e.g. by simplifying the tax code). even more attractive for our investors. ●

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PORTUGAL

Maintaining The Balance Of Public Finances

H.E. AUGUSTO SARAIVA PEIXOTO Ambassador of Portugal to Serbia

Based on the positive experience of my country, I would say that it is necessary to maintain the balance of public finances, considering that this is the only way to obtain satisfactory rates of economic growth

The structural economic reforms being implemented by the Government of Serbia have contributed significantly to ensuring the balance of Serbia’s public finances, but also to further economic growth

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of the county – as the main condition for he role of Serbia in the context of the attracting foreign direct investment – and Western Balkans is of utmost imporalso to try to attract more tourists (in that tance, bearing in mind that it is not sense, I can say that Portugal, a country of only the largest country in this region, but around 10 million people, attracted around also one that has, in the last few years, 12 million tourists in 2016). become a pillar in the maintaining of peace and stability in this area, while it has at the same time been striving to maintain good relations with all neighbouring countries.

The structural economic reforms being implemented by the Government of Serbia have contributed significantly to ensuring the balance of Serbia’s public finances, but Colombo Centre, Lisbon also to further economic growth, with Some paramSerbia has become a pillar in the eters that I see as GDP rising notably, maintaining of peace and stability being necessary for a lower rate of unemployment and in this area, while it has at the same Serbia to maintain also the attracting the level of foreign time been striving to maintain good direct investment it of foreign direct investment. has so far achieved relations with all neighbouring If I could make include: good public countries some suggestions finance that would based on the positive experience of my sustain economic growth and consequently country, I would say that it is necessary to reduce unemployment, and, on the other maintain the balance of public finances, hand, continuing negotiations on the EU considering that this is the only way to obintegration path, which should result in the tain satisfactory rates of economic growth, country attaining the levels of development continue to guarantee the political stability of member countries. ●

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2017

ROMANIA

Political Stability: Prerequisite For Successful Reforms

H.E. DR OANA -CRISTINA POPA

Ambassador of Romania to Serbia

The most important elements for advancing the reform process are political stability and a good balance of macroeconomic indicators

Romanian companies in Serbia are expecting to see the removal of barriers to export goods and services, better access to information about the regulatory framework, along with state incentives for business

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erbia has a crucial role in the region when it comes to ensuring stability and progress, from both political and economic perspectives. As the largest economy in the Western Balkans, Serbia acts as a catalyst for the reform process in the region. Serbia is contributing, through its research institutions, universities and knowledge resources, to the development of the human capital in the region.

The economies in the region continue to be, generally, complementary to one another, underlining the significant potential of economic cross-border cooperation in this region. Moreover, there is also significant potential in rebuilding the long value chains by targeting sectoral added value to achieve regional synergies.

Political stability, administrative and legal certainty and predictability are preconditions for economic development, encouraging open economies and sustainable economic cooperation. Serbia is on a positive route to overcoming the past fragmentation and build momentum for reform. We welcome the Serbian Government’s proven commitment to working hard on transforming the state administration, public finances, and the economy, along with pursuing the European Union (EU) accession process.

During previous years, Romania’s consistent progress is unquestionable in terms of democratic values, economic development, social welfare and competitiveness. Sometimes evaluated as “surprisingly good”, other times as “unexpectedly slow”, progress in this long-term reform process follows no unique pattern or recipe.

The best way to reform a country is to take a tailor made approach, while remaining true to the principles, the accession criteria and the envisaged outcome of reform processes. As such, Romanian expertise from its pre- and post-accession stages is best delivered not as a whole country model, but through a sector-based

approach and dialogue between counterpart national authorities and institutions. The true test of successfully transferring knowledge and expertise is to see the beneficiary deciding about their own strategy of change, to have ownership over the reform process. Facilitating dialogue between Romanian and Serbian institutions is therefore our permanent task at the Embassy of Romania in Belgrade, to the benefit of both countries.

Serbia has achieved considerable progress in improving its business climate and attracting new investments, fostering job creation and supporting growth and development. At the same time, there is always room for improvement when it comes to simplified business procedures, equal treatment for all business competitors and, most importantly, administrative and legal certainty and predictability.

Romanian companies in Serbia are expecting to see the removal of barriers to export goods and services, better access to information about the regulatory framework, along with state incentives for business.

The Romanian authorities and business representatives would also welcome favourable decisions on deepened cross-border cooperation by means of strategic infrastructure projects, such as speeding up the building of a gas pipeline interconnector or other interconnecting projects meant to enhance the speed and volume of road, rail and water transportation. One critical element impacting on the ease of doing business in Serbia is the relatively high cost of labour compared to the regional average, or even to the level of some neighbouring EU countries.

Of course, we welcome improvements in increasing transparency and eliminating hidden costs that become apparent in the pre- and post-privatisation phase. In the business world, negative news is the fastest inhibitor of trust, while building trust takes considerably more effort and time. ●

One critical element impacting on the ease of doing business in Serbia is the relatively high cost of labour compared to the regional average, or even to the level of some neighbouring EU countries

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RUSSIA

Two Countries' Closely-Linked Interests

MR. ANDREY KHRIPUNOV

Trade Representative of the Russian Federation

We salute successful reforms carried out so far, especially the restitution of macroeconomic stability and the improvement of regulations achieved in the previous years through changes to the Labour Law, the Law on Receivership, the Law on Privatisation, reforms in the field of real estate, construction and inspection

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istorical background refers to the fact that Serbia has always been and remains at the centre of the political, economic, cultural and humanitarian life not only in the Balkans but in the whole south-east European region.

There are objective reasons for this: from political contacts with countries of the EU, Russia and China to the enormous economic market, including a free trade zone with the Euro-Asian Economic Union, the countries of the EU and CEFTA. As far as Russia-Serbia relations are concerned, the most important is that the objective interests of our countries are very close and similar.

We salute successful reforms carried out so far, especially the restitution of macroeconomic stability and the improvement of regulations achieved in the previous years through changes to the Labour Law, the Law on Receivership, the Law on Privatisation, reforms in the field of real estate, construction and inspection. Amending regulations currently contribute to the business climate becoming clearer and more suitable for faster growth. These positive changes are acknowledged by Doing Business international ranking, according to which Serbia has improved its position from 54th to 47th in 2017.

Economic growth, a new turn of the spiral of economic development is now one of the

current goals for Russia as well. As an example of good practice in improving the business climate in Russia I would like to mention the Multi-Functional Public Service Centre, which provides public services in electronically on the Single-Window-basis (Everything-at –the same place- principle).The said centres work successfully throughout Russia and have already proved their effectiveness many times, improving the quality of services provided.

It is obvious that it is necessary as soon as possible to restructure or make decisions on the future of unsuccessful companies, and raise the quality of infrastructure as a very important component of the business climate and business environment. At the same time it is very important to continue the struggle against bureaucracy and corruption so as to raise the quality of services that the state provides to its citizens and companies. A broad use of innovation, know-how and IT technology will also attract new investors and improve the country’s competitiveness. ●

It is necessary as soon as possible to restructure or make decisions on the future of unsuccessful companies, and raise the quality of infrastructure as a very important component of the business climate and business environment

Moscow

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2017

CORPORATE Marijana Vasilescu, CEO of Sberbank Serbia

Proud Of Record Client Growth The goal of Sberbank Serbia is to further strengthen contacts between Serbia and Russia, with the aim of increasing cooperation between local and Russian companies, as well as providing comprehensive expertise for the development of consulting services in this area

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ne of the pillars of the strategy of Sberbank Serbia is for it to be positioned as a bridge between Serbian and Russian companies. Today Sberbank Serbia participates to foreign trade with Russia with a significant share of slightly more than 20 per cent, while the goal is for that total to reach 30 per cent by 2018. ● With a tradition dating back over 170 years, Sberbank’s arrival in Serbia saw it gain an enviable reputation on the domestic market and in the region. What are your experiences like to date and how would you assess trends in the Serbian banking sector?

- We are extremely satisfied with operations and the results achieved.

Today Sberbank Serbiais recognised as a strong brand that client trust and which represents a partner bank for them. This is best evidenced by the record increase in the number of active clients during 2016, which totalled more than 60 per cent, achieved primarily thanks to initiatives in the areas of partnerships, development of card-based and digital business, clear and transparent communication and innovative products and services.

As an absolutely dominant trend, and one that is already our reality, is digitisation, and in that area we have launched major projects and set ambitious goals. I will mention just one example, which is that we were the first bank in Serbia to enable bill payments by scanning 2D barcodes via a mobile phone.

Innovative and practical solutions that are simple for end users, as well products and services, are tha areas towards which our operations are directed.

order to increase cooperation between local and Russian companies, and rich expertise in the development of consulting services in this area. Practise to date has shown that Russian companies see us as the preferred first point of contact when entering the domestic market, and that is great potential that domestic companies can and should use, and vice versa. ● The regional banking sector is today going through turbulence and facing accumulated problems, especially in the area of NPLs. Where do you see room for Sberbank’s development on this market?

- Sberbank Srbija has taken decisive steps and initiatives that have contributed to improving the quality of assets. From year to year we reduce the ratio of NPLs, while we have significantly increased the funds allocated for their coverage.

Over the years we have significantly improved the quality of the portfolio, which contributed to the rapid growth of the crediting business. ● What sets Sberbank Serbia apart from other banks on the domestic banking market today?

- All of us at Sberbank Serbia are truly dedicated to ensuring the satisfaction of our clients, building and fostering partnership relations with them. Innovations, offers aligned with needs and a presence in places where our clients are on a daily basis, set us apart on this market.

The quality of the relations we cultivate with our clients has also been recognised by the independent international organisation ICERTIAS, thanks to which we proudly wear the medal “Because we value our clients”. Only companies that have a tested an exemplary relationship with their clients and employees can access this certification programme.

We also work intensively on optimising the efficiency of operations and we can boast of the fact that today Sberbank Serbia is among the top five most efficient banks in terms of the ratio between operating expenses and operating income. At the basis of all the results we achieve is expertise, but also the commitment of our employees, and the fact that Sberbank Serbia is recognised as the right place for the growth and the development of our employees is confirmed by the 2016 “Top Serbian Brands” Award for the best employer. ●

As an absolutely dominant trend, and one that is already our reality, is digitisation, and in that area we have launched major projects and set ambitious goals

● In the CEE region, including Serbia, you have over 4,300 employees in 230 branches. Does a bank with this potential imply the arrival of new investors and the further strengthening of economic cooperation with Russia?

- The fact that we are part of Sberbank Europe Group and Sberbank of Russia, which represents the strongest financial institution in the Russian Federation, with a tradition dating back 175 years, gives us many advantages. First of all I am referring to the virtually limitless lending possibilities, which is most strongly reflected in the segment of corporate business and significant loan arrangements realised.

Alongside that, our aim is also to use contacts with Russia more, in

2017

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SLOVAKIA

Some Homework Still Needs To Be Done

H.E. DAGMAR REPČEKOVÁ

Ambassador of Slovakia to Serbia

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he countries of the Western Balkans have different challenges and interests, but a shared interest in regional stability and prosperity. They have great potential to develop sustainable political and economic cooperation

EU integration has provided a common aspiration for Western Balkan countries, a model to bridge differences and leave the past behind.

Grassalkovich Palace in Bratislava

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● How do you see Serbia’s role in the region when it comes to the goal of sustainable political and economic cooperation?

- Serbia is the key country for the region in many aspects.

The dialogue between Belgrade and Pristina is important to the normalisation of relations, and Slovakia encourages both parties to remain constructively engaged and to implement commitments accepted in the framework of the dialogue.

Also crucial for the social-economic development and competitiveness of Serbia is the development of concrete regional projects in the field of entrepreneurial and investment promotion, the development of human resources and strengthening regional infrastructure.

One of the biggest challenges in the region is to establish and implement environmental policies with the aim of protecting the environment, preventing its degradation and increasing the quality and efficiency of the use of natural resources. But we are convinced that the reform process is the only way to maintain stability – not only in Serbia, but throughout the Western Balkan region.

Commission’s most recent country report, there are some other areas that have an adverse impact on the entrepreneurial climate. We believe that, among other issues, further attention should be paid to the rule of law and media freedom.

Slovakia will continue to support reforms, particularly in areas that contribute to improving the entrepreneurial environment. Another area where Slovakia can provide its valuable expertise is in the development of SMEs and the establishment of an adequate support system for the growth of SMEs, which represent 99.7% of all companies in Slovakia. ● What major steps does Serbia have to take in terms of advancing the business climate to better suit the needs of foreign and domestic investors?

- As Serbia progresses along its EU integration path, it is increasingly coming under the spotlight of foreign businesses and economic stakeholders. As mentioned before, Serbia has already made some progress in terms of improving its business climate.

For example, Serbia has achieved less costly construction permits that are better available through the introduction of the “One Stop Shop”. Another important step forward is the simplified tax system for businesses – with the launch of the electronic system of evidence and payment of Value Added Tax (VAT).

Serbia has also increased some taxes, in particular in the area of environment, which should be viewed as a very positive measure under condition that the funds raised are returned to this sector. Thus, economic policy can stimulate positive changes in the area of environmental protection and the sustainable management of natural resources.

Environmental efficiency has huge potential to reduce negative impacts on the environment and reduce ecological damage and human diseases. If these resources are returned to the system they come from, then people might have a chance to better understand the need for better tax collection and would prefer to pay them than fines for damaging the environment.

Slovak entrepreneurial companies are invested mainly in the energy sector, but they have an interest in other areas of the Serbian economy, such as railway transport, environmental engineering etc. ●

The Slovak Embassy in Belgrade works continuously to strengthen economic ties between the two countries. We prepare many expert and business visits in both directions

● What do you see as the tangible benefits of reforms undertaken to date, and are there any examples of best practices from your own country that could be implemented in Serbia?

- The European Council has reaffirmed its unequivocal support for the European prospects of the Western Balkans. Countries in the region, including Serbia, have made quite significant progress in their EU-orientated reform implementation. We are convinced that the Serbian government, under the leadership of a new Prime Minister, will maintain this momentum in the time to come.

In the past three years Serbia enacted some key reform laws that contribute to improving the business environment for investors and also developing the real estate market, to mention just a few of them.

On the other side, there is still some homework that needs to be done. As reflected in the European

INTERNATIONAL BUSINESS SECTOR IN SERBIA

2017

SLOVENIA H.E. VLADIMIR GASPARIČ

Slovenia’s Interest = Regional Stability

Ambassador of Slovenia to Serbia

I Slovenia sees Serbia as a leading political and economic player in the region. In this respect, Slovenia also pays full attention to political and economic cooperation with Serbia

t is in Slovenia’s interest for Serbia to have a sound and credible political orientation, supported by strong economic development. With this Serbia represents a factor of stability in the region. Political stability and a good economy in the region are also in the strong interest of Slovenia, due to the fact that we are in this neighbourhood.

Slovenia can still remember from not-so-distant history what political instability and a poor economy in our neighbourhood look like.

In the EU accession process Serbia is undertaking important reforms that help the country move closer to EU values and standards. Slovenia is one of the key EU countries helping Serbia to implement our best practises and experiences, in order to help Serbia more quickly approach EU membership.

We believe that since the start of the accession process Serbia has taken significant steps forward.

As an example of transferring good Slovenian practises to Serbia, we can mention Serbia’s progress in public administration in the field of the computerisation of citizens’ personal documents from birth onwards. Slovenian experts have very close cooperation with the minister of public administration (now nominated prime minister) Ana Brnabić. Similar can be said for Slovenian help in the field of public procurement regulations.

We believe that Belgrade has introduced a

number of tangible measures that attract foreign investors, judging by the numbers of them that are coming to Serbia to do business. In certain aspects Serbia is ahead of Slovenia when it comes to attracting foreign investors. Nevertheless, we believe that by improving stand-

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ards related to the rule of law and anti-corruption, Serbia will become an even more attractive destination, while the climate for domestic investors would also be simultaneously improved.

We are proud to note that Serbia is the No. 2 investment destination for Slovenia and our investments in Serbia exceed 1.2 billion euros and are still growing. There are about 800 Slovenian companies active in Serbia, employing approximately 25,000 local workers. Let us mention some of the biggest Slovenian investors in the country: Gorenje, NLB Bank, Don don, Triglav insurance, Sava Re insurance, JUB… With the EU negotiation process, Serbia is also improving its investment climate and in the future more Slovenian companies will probably come to Serbia. ●

We believe that Belgrade has introduced a number of tangible measures that attract foreign investors, judging by the numbers of them that are coming to Serbia to do business.

In certain aspects Serbia is ahead of Slovenia when it comes to attracting foreign investors

Ljubljana

2017

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63

SPAIN

Economic Reforms Should Be a LongLasting Process

H.E. MIGUEL FUERTES SUÁREZ

Ambassador of Spain to Serbia

Serbia has made some really good progress when it comes to economic and administrative reform. An improved credit rating and this year’s ranking on the World Bank’s Doing Business list are very good indicators. However, economic reforms cannot yield results overnight and have to be consistent and long-lasting

Serbia still has to face issues like unemployment, restructuring stateowned enterprises, the rule of law etc.

In this regard, the cooperation and assistance the EU is offering Serbia are very important

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n recent years, Serbia has proven itself to be a crucial factor of economic and political stability in the region.

It has shown good will and initiative to improve its relations with neighbouring countries and deal with outstanding issues in bilateral cooperation. However, maintaining stability is a lasting process and Serbia, along with its neighbours, should not step down from this positive path.

Serbia has taken an active role in many initiatives designed to bring Serbia closer to the EU (CEFTA, the Energy Community, the Danube region strategy, cross-border cooperation programmes, to name just some), which makes your country a reliable and valuable partner to the European Community.

I would also like to stress Serbia’s positive attitude and good response to the migrant crisis, which is highly appreciated by the European Union.

Fiscal consolidation measures have given positive results and the country has set a good base for macroeconomic stability and faster economic growth.

However, economic reforms cannot yield results overnight and have to be consistent and long-lasting. Serbia still has to face issues like unemployment, restructuring state-owned enterprises, rule of law etc. In this regard, I believe the cooperation and assistance offered to Serbia by the EU are very important. As an example, I would like to mention the very good collaboration that Serbia and Spain have on the twinning project “Strengthening Capacities of the High Judicial Council and the State Prosecutorial Council”. Projects like this are probably one of the best ways to exchange experiences and transfer best-practices.

Other fields where Spain can act as a good example for Serbia are agriculture and food production, where

If Serbia manages to fully implement the structural reforms it has launched, make its administration more efficient and its legal system more reliable, investment will certainly grow at even faster pace

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Spain is one of the world leaders. Serbia has great potential in these areas and is already among the most important producers. Certain reforms that could bring the country closer to EU standards could definitely help position Serbia among the leading countries in this field.

Other areas of interest for bilateral cooperation could be infrastructure and the environment, where Spain would gladly share its experience and insight in the advanced technology it has to offer.

I believe Serbia already knows what it has to do in order to attract more investment, be that foreign or local, and it is doing that very well. Again, analysis and rankings like the Doing Business list prove that. Your country can offer a highly qualified workforce, excellent geographical position and free access to many markets, which is very attractive to foreign investors.

On the other hand, companies value a stable, predictable and efficient economic environment, and there is always room for additional improvement in that aspect. For example, the tax system is still somewhat slow and complex (companies need more than 220 days to comply with tax regulations) and legal certainty can still be improved. It is necessary to strengthen the fight against corruption.

If Serbia manages to fully implement the structural reforms it has launched, make its administration more efficient and its legal system more reliable, investment will certainly grow at even faster pace. Serbia will certainly continue to grow on its path towards the EU and will therefore be more and more attractive for foreign companies, including Spanish ones. We have already seen positive changes and I am certain that this trend will only continue in the future. Once more, I believe it is important to mention that, on this road, Serbia can count on the support of its European partners. ●

2017

SWEDEN

Political Stability: Prerequisite For Further Development

H.E. JAN LUNDIN

Ambassador of Sweden to Serbia

Serbia is a key country in the region when it comes to sustainable political and economic cooperation. It is the largest country in the Western Balkans and has a welldeveloped economy, which currently enjoys increasing foreign investments

The European Union invests not only in infrastructure, but also in administrative support and adopting standards that will increase living standards in the long run

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erbia tries very hard to engage in regional cooperation through various mechanisms, such as the Berlin Process, the dialogue with Kosovo and also the Regional Cooperation Council. I think it is especially positive to witness the cooperation developing between Serbia and Albania, two countries previously had very limited cooperation throughout history.

If you look around in Serbia today, you will be able to observe sizable investments in infrastructure in various places. For example, the road network is improving and there is the Chinese investment in the steel plant in Smederevo. The European Union invests not only in infrastructure, but also in administrative support and adopting standards that will increase living standards in the long run. I also believe that the Serbian government is working hard to find sources for necessary investments within Serbia. When it comes to Swedish best practices, we have experience in various parts of the sustainable development spectrum, such as clean energy generation, water cleaning and sustainable agriculture, which I believe we

can share with Serbia as part of the support for the European Union integration process.

Sweden is the largest bilateral donor country (some â‚Ź11 million per year in grant funding) in the European Union, and we are working hard in those aforementioned areas, but also in supporting the open society, justice and the police sector in Serbia.

Political stability is quite important for foreign investors, which means that Serbia has to keep working on developing democratic dialogue that involves as many parts of society as possible, and also to build a stable political culture. And I believe Serbia is doing that. I also think that in this context, and also in order to establish trust between the population and the political class in any society, the rule of law and transparency are extremely important. As such, I would say that Serbia needs to keep working on issues related to the rule of law and transparency in society, which will ensure the political stability investors need in order to engage with Serbia, and this will then assure more positive development for Serbia in the future. â—?

I would say that Serbia needs to keep working on issues related to the rule of law and transparency in society, which will ensure the political stability investors need in order to engage with Serbia, and this will then assure more positive development for Serbia in the future

Stockholm

2017

INTERNATIONAL BUSINESS SECTOR IN SERBIA

65

SWITZERLAND

H.E. PHILIPPE GUEX

Regional Economic Hub

Ambassador of the Swiss Confederation

If Switzerland has been able to maintain one of the most competitive industries in the world, it is because it never had an industrial policy.

If Switzerland is among the most competitive countries in terms of R&D and innovation, it is because it never had an innovation policy

Bern

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The austerity policy of the Serbian Government has brought the country’s economy back on a sound economic footing: substantial reduction of public deficit, inflation under control and stabilisation of the national currency

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et’s face reality: the regional reconciliation process has its ups and downs. Unfortunately, we are clearly living in a down cycle again.

Despite harsh rhetoric and bilateral tensions, the good news is that regional economic cooperation is moving ahead. Through trade and bilateral investments, I am confident that a “silent” economic reconciliation process is taking place. And Serbia plays a key role in this regard, as it is, like it or not, the economic hub for the entire region.

Nevertheless, economic reconciliation must be underpinned by sincere devotion to the process of dealing with the past, which then should not be obstructed by nationalist rhetoric. The recent appointment of the new War Crimes Prosecutor after a long vacancy serves as an important step in this regard.

Additionally, it seems that an arms race in the region, namely between Serbia and Croatia, may be on the verge of taking place. I consider that the region should not get “distracted” by expensive weaponry purchases.

The region has other needs and priorities.

The austerity policy of the Serbian Government has brought the country’s economy back on a sound economic footing: substantial reduction of public deficit, inflation under control and stabilisation of the national currency. By the way, not a single euro zone country would be able to achieve what Serbia did: to reduce the public deficit by 5% of GDP within two years.

If Switzerland has been able to maintain one of the most competitive industries in the world, it is because it never had an industrial policy.

INTERNATIONAL BUSINESS SECTOR IN SERBIA

If Switzerland is among the most competitive countries in terms of R&D and innovation, it is because it never had an innovation policy. The Swiss “state hands off” policy is certainly a source of inspiration for Serbia. I would note that this particularly applies when it comes to privatising Serbian public companies.

The dual education system is a second source of inspiration for Serbia. In Switzerland, two-thirds of young men and women choose a dual education system pathway. With this background, we are ideally positioned to promote youth employment in Serbia, which is why we are pleased to support the ongoing reform initiatives of the Government to create a Serbian dual education system.

Anywhere on this planet, foreign and domestic investors need the same things: profitability and predictability.

In countries like Serbia, which have to operate an economic catch-up with the rest of Europe, investment profitability is usually not a concern… but predictability is. You get predictability by improving rule-of-law, guaranteeing judicial independence, fighting against corruption and making the tax administration transparent. Serbia has certainly made substantial progress in terms of the business climate, but there is still scope for improvement to bring predictability for investors in line with European standards. The Serbian Government’s economic policy is driven by foreign direct investment and privatisations, thus it is crucial for the Serbian Government to provide investors with the predictability they need. ●

Serbia has certainly made substantial progress in terms of the business climate, but there is still scope for improvement to bring predictability for investors in line with European standards

2017

TURKEY

Good Neighbourly Relations - Turkey’s Main Priority

H.E. TANJU BILGIÇ Ambassador of Turkey to Serbia

The political stability and economic welfare of the Balkans is Turkey’s main priority. We would like all countries of the region to have good neighbourly relations

T Turkey’s economy has been well integrated into the globalised world, while the country has transformed into one of the major recipients of FDI in the region

here are some important economic and social issues or differences of opinion between the countries of the region. However, as long as there is political will to solve problems through cooperation and dialogue, it is not difficult at all to achieve sustainable prosperity and growth. In this sense, we appreciate Serbia’s efforts towards improving relations with all of its neighbours.

We consider Serbia as an outstanding partner and the key country for the peace, stability and development of the region. With this understanding, we are committed to improving our already good bilateral relations with Serbia much further.

Serbia’s emphasis on structural reforms, macroeconomic discipline, attracting FDI etc. throughout the last few years has proven beneficial. Unemployment is falling and the country is becoming more integrated into the global economic system. The business climate has also improved, as I can confirm with the increase of Turkish investments in the country and the great interest among Turkish business circles to engage with Serbia.

Turkey is a free market economy, where rules of competition are in place and where the private and public sectors have respective pioneering and regulatory roles. A liberal foreign trade policy is implemented, and goods and products can be freely traded among individuals and institutions.

Turkey has placed great emphasis on structural reforms in the economy during the last two decades. The privatisation process has been accelerated and public finances have been put into order, while noteworthy reforms have been implemented in financial markets and sectors such as agricultural, social security, energy and communications.

Thanks to these reforms, infrastructure for economic institutions has been strengthened and the country's economy has been made more resilient against possible fluctuations in international markets through the creation of autonomous institutions.

These reforms have also increased the role of the private sector in Turkey’s economy, enhanced the efficiency and resilience of the financial sector, and placed public finances on a more solid foundation.

As a result, Turkey’s economy has performed remarkably well, with steady growth over the past 15 years. The country’s strengthened macroeconomic fundamentals allowed the economy to grow at an average annual real GDP growth rate of 5.6% from 2002 to 2016. Turkey’s economy has been well integrated into the globalised world, while the country has transformed into one of the major recipients of FDI in the region.

I am certain that the Serbian administration and relevant authorities have studied experiences of not only Turkey, but various other countries, and have achieved commendable results so far.

The Serbian economy has achieved great progress throughout the last few years. Reforms should continue towards achieving more success in increasing the efficiency of the public sector and the quality of services. The fiscal deficit should continue contracting and macroeconomic stability must be restored. As a matter of fact, the Serbian government’s economic reform programme for 2016-2018 addresses these issues.

The measures in the programme for eliminating excess jobs and completing the privatising and restructuring of public companies, which has already begun, are well set. This must result in a reduction of the state’s share in the economy, albeit gradually. ●

We consider Serbia as an outstanding partner and the key country for the peace, stability and development of the region

Ankara

2017

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UNITED KINGDOM

Only Hard Work Leads To High Goals

H.E. DENIS KEEFE

Ambassador of the United Kingdom to Serbia

Serbia’s positive role in the region is crucial if we want to see enduring political and economic cooperation

In terms of best practice from the UK, we would like to see Serbia make real, tangible progress in public sector reform, in the resolution of publicly and stateowned enterprises, and, perhaps most crucially, ensuring proper respect for the rule of law and independent institutions

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he degree to which both the politics and the economies of the Western Balkan countries are intertwined is an indication that cooperation is not only desirable, but necessary, and Serbia has a central role in ensuring that cooperation continues, given its size and influence. This is on the one hand a burden; nobody underestimates that there are some difficult issues that the region still needs to overcome; but Serbia also has an opportunity, as the biggest country and economy in the region, to provide real political leadership and an example of good economic management.

Serbia has made great progress in addressing its fiscal deficit and the biggest single positive development was last year’s reversal in the growth of public debt as a percentage of GDP. The Serbian government has had to make some tough decisions on public spending, but the reforms are now showing results. Perhaps in terms of the most visible benefits for everyday people, the important reforms in improving the business environment have seen Serbia make starting and growing a business less bureaucratic and more streamlined, and we are already seeing some positive results

INTERNATIONAL BUSINESS SECTOR IN SERBIA

in the form of healthy growth predictions for this and next year.

In terms of best practice from the UK, we would like to see Serbia make real, tangible progress in public sector reform, in the resolution of publicly and state-owned enterprises, and, perhaps most crucially, ensuring proper respect for the rule of law and independent institutions. This is the way to attract the investment Serbia needs, and to create the environment London in which local entrepreneurs can flourish.

Serbia has already taken some big steps in improving the business climate, and Deputy Prime Minister Zorana Mihajlović should be congratulated in particular for the major leap that Serbia took in the World Bank’s rankings last year. That said, much more work needs to be done in order to improve the court system and tackle corruption. Long term, these are the things that investors and businesses care about. These are also the more difficult reforms to implement, but if Serbia is serious about entering the top 20 countries on the Doing Business List by 2020, then it is precisely these difficult reforms that it will have to conduct. This will require real leadership and hard work, but the goal is not unreachable. ●

If Serbia is serious about entering the top 20 countries on the Doing Business List by 2020, then it is precisely these difficult reforms that it will have to conduct. This will require real leadership and hard work, but the goal is not unreachable

2017

CORPORATE Marija Krstić, General Manager of GSK for Serbia and Montenegro

Quality Of Life Depends On Innovative Medicines GSK is a global innovative pharmaceutical company committed primarily to research and development of innovative medicines and vaccines

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nnovativeness implies investment in research and development of new medicines and vaccines, which is the essence of GSK’s business, says Marija Krstić. Last year the state took some important steps in health care by extending the reimbursement list. This gave Serbian patients access to modern therapy and treatment in line with standards applied in the EU and other developed countries around the world. The value of innovative medicines is reflected in a substantial increase in life expectancy - a reduction in mortality. According to OECD data for 30 member countries, life expectancy has been extended predominantly through innovative medicines – as much as 73%, while the remaining 27% relates to education, reduction of risk factors, access to the healthcare system, etc. The data show that a long-term health outcome is based on the availability of innovative medicines, which is also true in Serbia. This also affects the country’s economy, because only a healthy nation can be productive.

capacities contribute to the community, except through increasing access to innovative therapies?

- This is a huge challenge that requires a joint effort in which partnership and cooperation are the key principles of our business approach. So in addition to the benefits of our therapy, we are carrying out a ‘Positive Partnership’ programme in Serbia to help people living with HIV, through a multi-sector approach and support to several programmes and initiatives in the community.

At the same time we have established long-term partnerships in the community to contribute to the improvement of health in areas where it is most needed. In cooperation with UNICEF, we have launched a three-year programme called ‘Together for Better Health’ focusing on the health of Roma children.

The aim of the partnership is to improve access to healthcare, hygiene, nutrition, immunisation, early stimulation of children, and positive parental practices in Roma communities.

In addition to assisting the Roma population, we have established a partnership with the organisation ‘Save the Children’ to support the state’s efforts during the migrant crisis by helping children of refugee families. The support includes establishing ‘Mother and Baby Corners’ and ‘Children’s Corners’ in Belgrade, where health protection, appropriate nutrition and hygienic conditions have been provided to over 6,000 children, 700 mothers and 800 babies. All our staff took part in the support by dedicating one working day to volunteering at the refugee reception centre. This partnership has also been recognised in the local community – our company has received two important awards: the National Award for Social Responsibility awarded by the Chamber of Commerce and Industry of Serbia, and the Corporate Volunteering Award from SmartKolektiv.

I believe that improving the health environment does not stop at innovative therapy. As a global company whose work contributes to the health of millions of people around the world, I think we should also demonstrate our innovativeness thorough cooperation with the local community, considering large-scale action and partnerships that can provide long-term health benefits to our fellow citizens and the environment in which we ourselves live and work. ●

According to OECD data for 30 member countries, life expectancy has been extended predominantly through innovative medicines – as much as 73%, while the remaining 27% relates to education, reduction of risk factors, access to the healthcare system, etc.

● In which areas has the extension of the reimbursement list affected the availability of your company’s medicines in Serbia?

- The extension of the lreimbursement list has allowed access to modern therapy in the area of respiratory diseases and HIV. GSK is a recognised leader in respiratory diseases, owing to a long tradition of successful treatment of asthma and chronic obstructive pulmonary disease. We are eagerly expecting as early as September the introduction of our innovative therapies that could significantly contribute to improving the quality of life of patients with respiratory diseases. The list also includes our innovative HIV therapy, where we have also made some important global scientific achievements.

I expect this positive trend to continue in Serbia, so that innovations in our country can keep up with global standards in the quality of treatment. ● When we think of Serbia’s overall health environment, how can innovative pharmaceutical companies with global

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CORPORATE Jelena Mihić Munjić Director, KRESTON MDM Revizija

Clients’ Eyes And Ears It was back in 2005 that Jelena Mihić Munjić and her father, Dragan Mihić Ph.D., founded auditing firm Kreston MDM with the aim of using their experience, resources and potential to build a dynamic business relationship with clients and provide the highest quality services.

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his company is today a member of Kreston International, one of the leading global networks of accounting houses, and company director Mihić Munjić notes proudly that a large number of foreign companies regularly recognise Kreston MDM as a reliable partner. ● Since 2015, Kreston MDM Serbia has been part of Kreston International, which operates in 113 countries worldwide, employs over 23,000 professionals and is known for its high business standards. To what extent are these international standards applicable in Serbia?

- As Serbia is increasingly open to foreign investors, and as efforts are being made to improve its position on the world’s doing business lists, ever increasing attention is paid to comparing domestic regulations with international ones. As such, it is essential to be as familiar as possible with, and to implement as well as possible, International Financial Reporting Standards, and then also International Auditing Standards. It is of crucial importance to our business that we belong to a significant international network like Kreston, because that enables us to have timely access to all new information, changes to standards, as well as assistance with initial application. Through our network we are able to continually educate ourselves, as well as meeting with members from other countries with which we cooperate on all international projects, and whose experience is invaluable to us.

quality and timely services. Every successful business relationship is based on trust, and we are proud that we have a large number of regular clients, whose trust we earned through our professional attitude to work and constant improving of the quality of standards. Dedication to every client is something that sets us apart from others, as well as our ability to quickly and efficiently solve problems, bearing in mind that our employees have years of experience in various business areas.

We know that an excellent job done is the result of work by a team of people, and that the strength of every team is in its members. That’s why we strove to bring together great individuals, who can achieve excellent results as a team. ● Many foreign investors have complaints regarding the business environment in Serbia, the most common of which relate to the unpredictability of legislation. How do you and your clients cope in such circumstances?

- The business environment is changing rapidly, and only those who are fast and flexible can survive. It is precisely for these reasons that our goal is to warn customers of potential risks in a timely manner and for us to support each client in overcoming business challenges. When it comes to the economic framework in Serbia, from the beginning of our work until today, progress has been noted in the creating of a better regulatory framework that impacts on the economy, though there is still much work to be done in order to stimulate further investment and create a stable, competitive and predictable business environment. We are here to point out to our clients how amendments or applications to current laws can impact on their business or entry onto the market, to advise them on procedures, to anticipate and analyse the risks and to always be “one step ahead”, so that they can operate with greater certainty and in accordance with regulations. In addition to the existing trust, we are actually their “eyes and ears” when it comes to financial services. ●

We are here to point out to our clients how amendments or applications to current laws can impact on their business or entry onto the market, to advise them on procedures, to anticipate and analyse the risks and to always be “one step ahead”, so that they can operate with greater certainty and in accordance with regulations

● You offer a wide range of services, from consulting to audit. What is your target client group and which services comprise your core business activities?

- Our core business consists of auditing and tax consultancy, while our target group are companies whose prime priority is

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CORPORATE Branislav Marić, Partner, Zajednička advokatska kancelarija Marić i Mujezinović in cooperation with Kinstellar

International Standards On The Local Market With a combination of local experts and international experience, based on U.K. & U.S. practise, Kinstellar succeeds in meeting the needs of its clients in various industries and sectors, from energy and finances to manufacturing, mining and telecommunications

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instellar has been present in Serbia since 2010 and operates via its affiliated Serbian joint law office Zajednička advokatska kancelarija Marić & Mujezinović.

During this time, Kinstellar have been an advisor on many of the most significant deals and projects in Serbia.

and actively supports investors, which we always point out in communication with our international clients who turn to us to provide them with an overview of the country.

What is somewhat lacking is the practical implementation of the new rules in everyday life and the dealings of state bodies. In particular, further efforts in relation to judicial reform are needed, including fostering the competence and independence of the judiciary.

● You opened the Kinstellar office in Serbia seven years ago, and since then, by applying international standards, you have developed operations in almost all branches of indus● Kinstellar covers European try. What would you single out countries in development, which as Kinstellar’s core business in includes Serbia. To what extent Serbia? are there similarities and differences between the business - Our senior team of Serbian and environments in these countries?

U.S.-qualified lawyers combine - According to the World Bank’s international experience with Doing Business List, Serbia moved in-depth understanding of the up 44 places over the past two local business and regulatory years and is now ranked 47th globlandscape to provide joined-up SELMA MUJEZINOVIĆ and BRANISLAV MARIĆ, partners ally – this is a very positive develassistance in various different in Zajednička advokatska kancelarija Marić i Mujezinović opment. Additionally, the political practice areas. In particular, we situation has been stable for some have been very active in the following Serbia has an investmenttime and Serbia is strongly orientated sectors: energy and utilities, banking friendly environment and towards further EU integration. Ecoand financial services, food and bevactively supports investors, nomic parameters are encouraging, erages, infrastructure, manufacturing, mining, and telecommunications. which we always point out GDP is growing, unemployment has in communication with our a declining tendency and all these ● Many people estimate that legislaconfirm Serbia as a prime international clients who turn parameters tion is among the greatest obstacles destination for investments. Also, to Serbia’s faster economic devel- to us to provide them with an Serbia is the only country outside of opment. What is your experience to the Commonwealth of Independent overview of the country date in this regard?

States that has a Free Trade Agreement with the Russian Federation. Businesses that decide - Serbian legal reform is continuing with the primary objective being further approximation with the EU acquis and to set up operations or conduct trade in Serbia encounter practise, and it is taking its time but we see it moving in a a reliable and dynamic country that affords them much positive direction. The last four years have seen considerable greater opportunity than they initially perceived, so it can be legislative reform achieved in Serbia in several important argued that Serbia, with all its benefits, is a country that is sectors, such as for example energy and insolvency. Further “in demand” in comparison to a number of other developing to that, Serbia has an investment-friendly environment countries where we work. ●

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Head of the Aleksić Associates Law Office, Novi Sad DrNemanja NemanjaAleksić, Aleksić, Head of the Aleksić andand Associates JointJoint Law Office, Novi Sad CORPORATE Lawyer Lawyer Dr

The Legal Profession Is Mining Work The Aleksić and Associates Joint Law Office is one of the leaders in the Serbian legal sector, and the only firm of this type in Novi Sad and Vojvodina. Every area of law is represented in the work of this law firm, while special emphasis is placed on dealing with large companies, such as banks, insurance companies, foreign investors and others. An impressive number - 160 employees – comprise the team of young and ambitious lawyers, associates, special advisors and technical personnel

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awyer Dr Nemanja Aleksić is a name that inspires conimportant details of their profession, as well as the principles fidence. He has built his reputation through years of and functioning of law firms. work in the legal profession, initially as a legal intern N.A. – Our Law Office has its own premises, covering approximately 1,600m2, with about 160 employees and also with top Novi Sad lawyers Bogdan Petrović and Nikola J. its own eponymous representative office in Belgrade, led Novaković. When Novaković was elected as a parliamentarian in the National Assembly of the Republic of Serbia in by lawyer Marina Aleksić.

2005, Aleksić took over this prestigious law firm, which had The Office is divided into departments, with each area of operated continuously since 1976 under its original name law presented, while special emphasis is placed on doing Lawyers working community “Zakonitost” (Legality). Today business with large companies, primarily banks, insurance it is a modern company, one of the leaders in Serbia’s legal companies, large industrial companies, foreign investors and sector and the only firm of this others. Each department – civil Business law is my favourite. type in Novi Sad and Vojvodina. law, commercial law, executive, For years I dealt with criminal law It has operated since 2015 under labour law, criminal law and others the name of the Aleksić and As– has its own department head, and defences in criminal cases. sociates Joint Law Office, based each department head has However, you can’t endure for long and at 1 Grčkoškolska Street, in the their own deputy – who, together as a criminal lawyer, which demands with me, composes the Collegium very centre of Novi Sad. Satisfied clients and success- great engagement. The Office headed of the office. The office has three fully completed legal disputes special advisors - Vladimir Kozar in some other direction… confirm the enviable reputation Ph.D., Klara Takač Galfi and Nikola enjoyed by Dr Aleksić and the law firm that he runs. AlongJ. Novaković. Moreover, within the same framework there side the legal profession, security is his greatest love. This is is also a department of corporate welfare and corporate proven by his Master’s degree from the Faculty of Criminal security, headed by the director of corporate security and Justice and Security in Maribor, while he earned his Ph.D. at employees in that sector, who deal exclusively with the the Commercial Academy in the field of Constitutional law. physical and technical protection of our clients and our Office.

In this interview for CorD magazine, Dr Aleksić, lawyers of the firm – Sonja Savin and Ivana Maraš – and the Office’s ● Does the future of the legal profession reside precisely special advisor, Vladimir Kozar Ph.D., talk about the most in the formation of law firms employing a larger number

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By Zorica Todorović Mirković ● Photo: Branko Lučić

of lawyers specialised in different areas, led by a lawyer with credibility?

- N.A. – Legal practise in which you had fixed working hours is ancient history for the legal profession. Legal practise today requires that you are online 24-hours-a-day, that the client can receive services at all times, regardless of your free time and your commitments. In order to be able to provide such a service it is necessary to have a narrow specialisation of lawyers, which means a smaller volume of work for that lawyer, but also, on the other hand, that you always have two or three lawyers as staffing solutions for any issue. That cannot be offered by individuals, but rather only company-organised law firms. ● Considering the large number of employees, in addition to lawyers do you also offer other ancillary services and are those responsible employed by you?

- N.A. – Alongside our team of young and ambitious lawyers, the office employs another 40-odd people in technical jobs, such as secretaries and drivers, but also staff of the security service and corporate security. A significant number of employees help in the legal practice, such as special advisors, which gives our business special weight and quality. ● At first glance the legal profession seems to be a glamorous, but is it really like that in practise?

- N.A. – The legal profession is serious mining work that demands that you are available to your clients 24-hoursa-day. The office also functions in the same way – we work diligently, seriously and thoroughly, and that implies detailed research, dedication and cooperation with clients, an active social life etc. So, work, work and work. The only thing that’s glamorous is the interior. ● Which area of the legal profession is particularly interesting to you personally and did you have role models?

- N.A. – Business law is my favourite. For years I dealt with criminal law and defences in criminal cases. However,

you can’t endure for long as a criminal lawyer, which demands great engagement. The Office headed in some other direction…

There were role models, several of them, both among Novi Sad and Belgrade lawyers, and I stole a little something from each of them. ● Which practical problems do you face in your work?

- N.A. – Those are primarily poor and outdated legislative solutions on the legal profession and an inadequate taxation policy. It is essential that be changed, and it would be proper for someone to ask our lawyers for their opinion when adopting new legal regulations. The legal domain has been completely devastated as a profession, which is unacceptable. It mustn’t be forgotten that this profession has always provided noble people who have served this country.

● What are your professional challenges and what do you strive for?

- N.A. – My personal challenge, and the challenge of this office, is its further expansion and the improving of personnel, primarily in the sense of quality. We expect Serbia to join the EU, and with that for foreign law firms to enter out market, and we hope that we will then operate with some large, successful company from the EU or beyond the EU, either by us becoming part of it or of that firm becoming our minority or majority owner. We are striving towards that in some upcoming period of five, seven or ten years, when we become a full member state. ● Your Office is a member of the American Chamber of Commerce in Serbia – AmCham. Are you a member of some other professional or other associations in Serbia and the wider region?

- N.A. – All of the Office’s lawyers are members of the Bar Association of Vojvodina, as our home association, and the Office is a member of many business associations in

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Serbia – not just AmCham, but also the Russian Chamber of Commerce, then the British, Italian, French, Montenegrin, Slovenian and others. The Office has a very active social life, which is implied by contemporary legal practise, so we participate in seminars and various training courses, all with the aim of further improving ourselves and keeping pace with current topics.

decision is taken by the Collegium of the Office.

If a lawyer is in doubt as to how to approach the resolving of some court case, which direction to head in and what evidence to suggest, then they seek comments and suggestions from other members of the collegium. In those situations we use the analysis of decision-making that provides a framework for solving the problem of deciding, by legally, systemically and logically balancing all the factors that impact on the decision. Such an approach to each case contributes to the resolving of court cases and to affordability for our customers, and especially to the progress of the Office’s lawyers and legal interns in their profession.

● How is the Office’s decision-making process organised; does the Collegium makes all decisions and, if so, how?

- S.S. – The collegium of our law office consists of seven lawyers. Within the Collegium, which meets on a daily basis, all decisions are made re● In addition to reprelating to the work of the senting about 20 banks, Office, its composition, do you have any narrow the acceptance of new speciality as a law firm, members, the admission some branch or part of of new legal interns; delaw that other law firms cisions are brought on don’t deal with? important issues, both - I.M. – The advantage of regarding the work of the our Office is that it can office and procedures in offer clients a whole court cases. Decisions package of services are adopted with a simand legal support at all ple majority. Stances and IVANA MARAS PROF.DR V. KOZAR stages of the process of decisions on a specific collecting receivables, as issue in a dispute are adopted well as in all other areas of law.

My personal challenge, and the in such a way that a lawyer who The procedure of debt collection has any contentious situation in challenge of this office, is its further itself, as well as the enforcement a particular case, or who needs of proceedings, are extremely expansion and the improving of another legal opinion, presents specific, thus to this extent no personnel, primarily in the sense the issue before the Collegium, to law firm deals with that. of quality which each lawyer provides their Many years of experience in successfully representing clients in opinion, states their observations extrajudicial and judicial proceedings, providing consultancy and provides legal advice, with the final position of the services and legal opinions, has resulted in cooperation with majority taken after all members of the collegium have the majority of leading banks and financial institutions. expressed their position.

Moreover, what distinguishes our law firm is that it has the most modern technical, technological, security and ● What kind, and how much, independence do lawyers have software solutions, which is essential in order for us to during the formation of some key responses in individual succeed in keeping pace with all clients, especially banks cases and how freed are lawyers when it comes to deciding and other financial institutions. on the strategy of decision-making?

The Office also has its own telephone switchboard, with - S.S. – Lawyers are independent in their work and actions 24-hour IT support, a modern networked computer system, in each individual case, as well as in making decisions with a laptop for each employee, backup software for a about conducting a case, though in the instance of some database of all material and procedural legislation, one of specific case they mutual assist each other by providing the most advanced software programs that allows profeslegal advice and presenting their opinions, but the final

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sional comfort and working conditions for each employee.

Apart from that, it is directly connected to an alarm system, anti-fire and remote control security system. In this regard, the office is specialised in providing high quality services and the desired level of data protection.

The narrow specialisation of this office is in its representing of banks, not only in the collection of receivables, but also in special representation in the cadastre and in proceedings in which a Bank is the respondent party and for which the case is led by a special team of lawyers headed by Dr Nemanja Alekisić and our special advisor Vladimir Kozar Ph.D.

- V.K. – Special advisers in the Aleksić and Associates Joint Law Office are engaged according to their specialisations, according to the type of dispute and legal situation they need to resolve, or where it is necessary to give a legal opinion or advice. Specifically, I am engaged within the field of civil law, civil procedural law, in the field of commercial law with all sub-variants of these areas, such as bankruptcy law, corporate law etc. This is not just about my engagement at the Law Faculty for Economics and Justice in Novi Sad, where I am employed and where I teach courses - Civil Rights and Introduction to Civil Procedural Law, but also with my many years of experience of judging at the Commercial Court in Belgrade, which was and remains the biggest court in the Balkans.

The experience I gained as a judge and my experience as a special advisor to NLB Bank in Belgrade had a significant impact on my specialisation and the type of work I do in this Office, where, alongside the university, I spend part of my working time.

● What is the path of hierarchical advancement like from a legal intern to a practising lawyer in your Office?

- I.M. – Each trainee lawyer who starts their internship with us can advance if they work diligently, with effort and commitment, provided that after passing the bar exam they continue to practise law in the framework of our Office. Upon gaining employment, all new employees and legal interns undergo initial training with a team of lawyers in order to up● At your initiative, the Office last year grade the knowledge they gained at the signed a Cooperation Agreement with the university, under the constant monitoring Law Faculty for Economics and Justice in of their work and their professional and Novi Sad. Does this provide the chance ethical behaviour. for students of that school to be hired The training of employees continues SONJA SAVIN as legal interns in the Office; and what depending on their level of education and is their future destiny? training, though for legal interns - V.K. – This agreement formalLawyers are independent in their ised the practise of this Office and associates there is a specially work and actions in each individual hiring young law graduates from customised further training plan, case, as well as in making decisions that university. Under the auspicaccording to the regular influx of new staff, while lawyers improve about conducting a case, though in es of this cooperation, the best are able to gain employtheir expertise and knowledge on the instance of some specific case students ment in the Office in all fields, a daily basis and in cooperation they mutual assist each other by especially in the legal sphere. with special adviser Vladimir Kozar, who – in addition to his daily providing legal advice and presenting Intern practise is very important advisory functions in all cases – their opinions, but the final decision for graduate students, because also maintains regularly lectures them – after two years is taken by the Collegium of the Office itofallows and seminars with associates and such service – to take the bar lawyers in our Office. Legal interns who, according to the exam, which is a prerequisite for further professional advancement in many legal professions. Given the size of the assessment of the Collegium, have fulfilled the criteria and Office, the number of cases it represents in its work and the achieved a high level of expertise and knowledge, continue assistance it provides to lawyers during hearings, students their careers as lawyers – members of the joint law office here are able to improve their theoretical knowledge and – and are able to further progress and develop. acquire skills that they will need later. And their further destiny depends mostly on them personally – they can ● What is the relationship of your Office towards special be lawyers and can apply to the court, the prosecution, advisors and are they engaged ad hoc or according to some various companies etc. ● particular speciality?

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USA

Continue With Economic And Structural Reforms

H.E. KYLE SCOTT

U.S. Ambassador to Serbia

Serbia is already a leader in the Balkans, and a critical country for regional stability and economic development

U.S. and international investors always look for an environment with a stable legal environment and strong rule of law, where judgements in the court system are timely, impartial and readily enforceable

White House

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erbia now has the opportunity to stand as a leader through its example-- by implementing the legal, economic and institutional reforms necessary to become an EU member. Belgrade has an excellent opportunity to serve as a natural hub for investors in the region, due to its central location, good communications infrastructure, improving transport connections, and status as the largest capital in the Western Balkans.

Serbia has already made important progress in economic reforms, and we are proud to be Serbia’s partner in this process. The United States has provided nearly $1 billion in assistance to Serbia – part of it on programmes to support the government’s efforts to develop strong economic institutions, including fair labour laws, effective inspections, a more effective judiciary, a reduction in the grey economy, and legislation supporting individuals who are ready to put a spotlight on corruption and waste. We also supported Serbia’s introduction of electronic construction permits, which was a factor in Serbia’s breakthrough into the top 50 countries on the World Bank’s “Doing Business” list last year.

Serbia’s efforts are having a positive impact on the economy. GDP grew an estimated 2.8% last year, and is expected to continue growing at a rate of three per cent this year.

Inflation is low, the budget deficit is smaller than anticipated, investors are coming, and the number of jobs is growing. Today, more than 17,000 Serbian workers are employed by

INTERNATIONAL BUSINESS SECTOR IN SERBIA

American companies, and U.S. employers are consistently rated among the top places to work in surveys of young people in this country.

In the United States, one of the things we have traditionally done is to leave much more space for the private sector in the economy.

This way, we avoid problems involved with large state-owned companies that can absorb government funds and squeeze out private sector financing. Private sector investors can also generally respond much more quickly to changes in the economic environment.

U.S. and international investors always look for an environment with a stable legal environment and strong rule of law, where judgements in the court system are timely, impartial and readily enforceable. We applaud the government’s determination to resolve the situation of loss-making state-owned companies as well.

We hope Serbia continues with important economic and structural reforms, including those urged by the European Union and the IMF. Important areas of reform include resolving loss-making state-owned enterprises, strengthening the private sector and enabling entrepreneurs, streamlining the public sector, strengthening the rule of law, and supporting education. Serbia also needs to continue making progress in combating the grey economy and corruption. Seeing these reforms through will minimise business risk in the country, which will result in more investment and jobs. ●

Today, more than 17,000 Serbian workers are employed

by American companies, and U.S. employers are consistently rated among the top places to work in surveys of young people in this country

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CORPORATE Srdjan Vujičić, Director of Real Estate Operations

Coreside – Secure Property Within the structure of clients, the number of international companies investing in real estate projects has increased. Among their clients are the U.S. State Department, embassies, the National Bank of Serbia etc.

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oreside’s involvement doesn’t start and end with a sale or purchase. Rather, we are offering a range of property consultancy services that help to establish, maintain and develop the capital and value of clients’ properties.

Coreside is a specialised real estate and financial advisory firm that was established in 2011 by experienced professionals. We provide a wide range of services in connection with various types of properties and assets.

Coreside is an associate office of Savills L&P, one of the world’s leading real estate service providers, with an international network of more than 700 offices and associates throughout the Americas, Europe, the Asia Pacific region, Africa and the Middle East.

The company established its business in Bulgaria in 2014 and covers the SEE market through its two offices there.

The focus of the market has shifted in the past few years. Following many years of stagnation caused by the world economic crisis, the residential and office space market has picked up pace and seen an increase in the number of large projects under construction or having been completed.

In the structure of our clients, the number of international companies investing in real estate projects has increased. Moreover, they are also investing in agriculture and manufacturing, with significant investments in the IT sector.

Our main clients are: Nestle, GTC, Dr. Oetker, Medtronic, MK Group, US State Department, EBRD, Belgrade Waterfront, CA IMMO, Greek Embassy, Swiss Embassy, Al Rafawed, NIS Gasprom Neft, Orion Telekom, Delta Group, Robne kuce Beograd, TMF, Hemofarm, McCann Erickson, Thyssenkrupp, Abu Dhabi Financial Group, National Bank of Serbia and major banking institutions operating in Serbia. ●

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SOL Srbija d.o.o.

Industrijska zona b.b 22330 Nova Pazova - Srbija t +381 22 328 000 f +381 22 328 002 e office@solsrbija.rs www.solworld.com

TECHNICAL AND MEDICAL GASES

The SOL Group founded in 1927, has more than 60 production plants in 17 European countries, Turkey, Morocco, Brasil and India, more than 40,000 industrial and civil clients and 250,000 patients cared for every day, more than 3,000 employees and a consolidated turnover of more than 700 million Euro.

Tenth group in the world, the sixth in Europe and the leading independent Italian player not associated with any of the multinationals in the sector.

Today SOL Group operates in the following sectors: technical gases, medical gases, home care service, renewable energy and biotechnologies.

Group companies operating in the technical and medical gases sector produce and distribute such gases as oxygen, nitrogen, argon, hydrogen, carbon dioxide, acetylene, nitrous oxide, helium, gas mixtures, refrigerating gases, medicinal gases, high purity and special gases; Due to the expansion of its business in Eastern Europe, in 1998 SOL Group started its operation in Serbia and established its presence through its newly founded company SOL Srbija d.o.o. In this period SOL Srbija d.o.o. succeeded to build strong distributing network, followed by very strong client support and post-sales service.

In 2006, as completely green field investment, started operation of new modern secondary transformation plant, located in Nova Pazova.

Furthermore, SOL Srbija expertise, being always close to customers needs trough SOL Srbija technical and commercial service, is able to support customers in development,suggesting and supplying the most updated technologies tailored to customers needs.

COMMENT

CEFTA Lawyer Dr Nemanja Aleksić, Head of the Aleksić and Associates Joint Law Office, Novi Sad

Ten Years Of Implementation This year sees the tenth anniversary of the CEFTA agreement. The rotating presidency of the CEFTA Joint Committee falls to Serbia this year, and the main emphasis in the coming period will be placed on improving trade by removing barriers that hinder closer cooperation

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ogether with Albania, Bosnia and Herzegovina, Mac• insufficient traffic and other infrastructure, edonia, Moldavia, Montenegro and UNMIK/Kosovo • corruption and smuggling. as a customs territory under UNSCR 1244, Serbia is a All barriers are officially recorded in the CEFTA database member of CEFTA 2006, the Central European Free Trade of non-tariff barriers, updated by the CEFTA signatories.

Agreement, and the first unique multilateral agreement The CEFTA secretariat's table of non-tariff barriers has on free trade in south-east Europe. CEFTA has replaced existed since 2009 since when over 100 different non-tariff a network of 32 bilateral free-trade agreements in the barriers have been recorded.

SEE region that had been in force since 2001 and had As the CEFTA region's dominant food exporter, Serbia contributed to liberalising and easing trading conditions. has the strongest interest in removing barriers to trade in The agreement treats: technical impediments to agricultural and food products. trade and new areas that did not fall under the bilateral We are witnessing how CEFTA as a long-term EU project free-trade agreements; trade is assuming an ever-increasing In 2016 most of Serbia’s exports to importance in regional trade in in services, investment, public procurement, protection of inthe CEFTA region were non-alcoholic goods. The convenience of custellectual property rights and drinks, mineral oils and grain products, toms-free trade and full liberis increasingly applied mediation in disputes. its imports steel, coal and medicines alisation by all parties to the agreement.

As a free-trade zone, CEFTA is Serbia's most important economic partner is the EU, not a customs union, which would assume not only common customs tariffs but a common trade policy towards followed by the CEFTA countries. Together they account third countries. for over nine tenths of Serbian exports and around three A specific problem in implementing CEFTA is presented quarters of imports. To this may be added geographical by a variety of non-tariff barriers such as: proximity and lower transport costs but also similar consumer habits, so that we sell four times as much to our • complicated border procedures; heavy administration and lack of coordination between customs and neighbours as we buy from them. inspection services (sanitary, veterinary, radiological), The CEFTA agreement has had good results and its countries • lack of harmonisation between domestic and interconduct three quarters of their foreign trade among themselves. national standards and technical regulations, In the last ten years Serbia's trade with CEFTA countries has • lack of accredited bodies and laboratories, multiplied by two and a half times, and the countries of central • lack of recognition of quality certification, Europe are its second trading partner after the EU.

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The structure of trade in goods in the CEFTA region is predominantly based on products at a low level of processing (raw materials, semi-products) and to a lesser degree finished products of low added value. In 2016 most of Serbia’s exports to the CEFTA region were non-alcoholic drinks, mineral oils and grain products, its imports steel, coal and medicines.

Under the CEFTA agreement the six participants of the western Balkans have broadened their local markets into one large one of around 20 million consumers. Participation in CEFTA has had a markedly positive effect on trade flows for these countries, increasing exports within the region by around 75 per cent.

Establishing a free trade area has contributed to economic development and improving regional cooperation.

CEFTA has given its participants an important but still insufficient boost to make an easier transition and accession to the EU. The economies of the western Balkans are generally still weak and poorly integrated into global trade.

Most CEFTA members experience this economic community just as a transitional phase on the way to the EU and mainly follow their own interests in an effort to reach the EU as quickly as possible. In a way, CEFTA is a small playground for EU accession in which all of the countries of the western Balkans should be preparing for the obligations of EU membership. This common market of similar countries can serve as a testing ground for Of all members, Serbia has their readiness to enter the open As the CEFTA region's dominant food market competition of the EU. the greatest volume of trade exporter, Serbia has the strongest with the CEFTA region. Ten years The need for a consistent, ago Serbia’s trade with CEFTA interest in removing barriers to trade complete and effective application of the CEFTA agreement countries was worth 1.8 billion in agricultural and food products should be emphasized. Tariff-free euros while today it is 2.8 billion trade and the unification of business conditions in harmony euros. At the same time its surplus was 1.1 billion euros and with WTO rules and EU standards will contribute to increased is now 2.1 billion. Last year, Serbia exported four times as production, trade and employment, a wider range of goods, much to these countries as it imported. heightened competitiveness and increased investment CEFTA members are a valuable market for our country, especially BiH, Montenegro and Macedonia, which in the region along with general economic development. account for most of the trade and generate a surplus.

One way to fight the global economic crisis can and Trade between Serbia and CEFTA countries amounts to should be to improve regional economic cooperation. The around 3.7 billion dollars.

CEFTA agreement is one of the rare regional initiatives Trade in goods is entirely liberalised in the CEFTA rethat after ten years of implementation have in practice gion, as is public procurement, while liberalisation of trade brought concrete and tangible results. ● in services is expected this year. Serbia runs a surplus in trade in services with CEFTA countries, and in 2015 the Dr DEJAN JOVOVIĆ, value of exports reached 555 million euros, with imports Scientific adviser – former federal assistant minister at 302 million. Services make up 60-70 per cent of GDP and principal negotiator of the free trade agreements in in CEFTA countries. the SEE region that formed the basis of CEFTA

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COMPANY REGISTER AUSTRIA A.S.A. EKO D.O.O. Bojan Marković Nova Mokroluška 5 11010 Belgrade Tel. +381 11 347 03 23 info@asa-yu.eu www.asa-group.com ABC EUROPEAN AIR&SEA CARGO DISTRIBUTION D.O.O. Mirko Ilić Gajeva 1, 21000 Novi Sad Tel: +381 21 426 907 rsnvs@abc-airsea.com www.abc-airsea.com ADVOKATSKA KANCELARIJA MORAVČEVIĆ VOJNOVIĆ I PARTNERI IN COOPERATION WITH SCHOENHERR Slaven Moravčević Francuska 27, 11000 Belgrade Tel: +381 11 320 26 00 office@schoenherr.rs www.schoenherr.rs ADVOKATSKA KANCELARIJA VUČENOVIĆ – PARTNERBÜRO VON SPECHT BÖHM Dušan Rakitić Nemanjina 40/III/8 11000 Belgrade Tel: +381 11 365 00 44 dusan.rakitic@ specht-partner.com www.spechtboehm.com ADVOKATSKO ORTAČKO DRUŠTVO ŽIVKOVIĆ SAMARDŽIĆ Miloš Živković Makedonska 30 /II 11000 Belgrade Tel: +381 11 263 66 36 office@zslaw.rs www.zslaw.rs AGRANA-STUDEN SERBIA D.O.O. Mitja Kovačič Milentija Popovića 5V/2/7 11070 Belgrade Tel: +381 11 655 58 56 info@agrana-studen.com www.agrana-studen.com AGRO SOLUCIJE D.O.O. Danko Vuković Vojvode Stepe 301 11144 Belgrade Tel: +381 11 351 37 05 www.glaholding.com ALAS HOLDING A.D. Miljan Ivanović Bul. Mihajla Pupina 10v/ 1/114 11070 Belgrade Tel: +381 11 311 93 77 d.tosic@alas-holding.rs www.alas-holding.rs ALBA INVEST D.O.O. / FALKENSTEINER HOTEL BELGRADE Aleksandar Vasilijević Bul. Mihaila Pupina 10k 11070 Belgrade Tel: +381 11 225 00 00 reservations.belgrade@ falkensteiner.com www.falkensteiner.com ALCA TRGOVINA D.O.O. Mitja Janežič Beogradska 7, 11272 Dobanovci Tel: +381 11 205 44 00 info@rs.alcagroup.com www.alca.rs ALIAXIS UTILITIES & INDUSTRY D.O.O. Slobodan Nikolov

Čamurlijski put bb, 18000 Niš Tel: +381 18 453 23 26 info@aliaxis-ui.rs www. aliaxis-ui.rs ALMI-A-ACK D.O.O. Vasilije Avramović Laze Savatića 16, 11080 Zemun Tel: +381 11 219 91 30 almiaack@ikom.rs www.almi.at ALPHASET D.O.O. Stefan Mattes Miška Jovanovića 16-18 11000 Belgrade Tel: +381 11 391 00 24 office@alphaset.rs www.alphaset.rs ALUFIX D.O.O. Petar Komad Gregorčićeva 8/1, 11090 Belgrade Tel: +381 11 630 40 10 prodaja@alufix.co.rs ALU KOENIG STAHL D.O.O. Saša Knežević Vladimira Popovića 6 11070 Belgrade Tel: +381 11 222 32 72 office@alukoenigstahl.rs www.alukoenigstahl.rs ALUPLAST BGD D.O.O. Alma Kapetanović Batajnički put 23 11080 Zemun Tel: +381 11 307 03 28 a.plast@eunet.rs www.aluplast.co.rs AMEX EXPORT-IMPORT D.O.O. Desimir Stijaković Vladislava Bajčevića 29/19 11070 Belgrade Tel: +381 11 412 49 56 amexBelgrade@beotel.rs www.amex.co.rs ATOS IT SOLUTIONS AND SERVICES D.O.O. Dragan Stokić Pariske komune 22 11070 Belgrade Tel: +381 11 301 22 00 info.it-solutions.rs@atos.net www.rs.atos.net AUSTRIAN AIRLINES REPRESENTATIVE BELGRADE Hannes Steinacker Terazije 3/VII, 11000 Belgrade Tel:+381 11 303 49 44 office.belgrade@austrian.com www.austrian.com AUSTRIJSKI INSTITUT D.O.O. Dagmar Khamooshi Terazije 14, 11000 Belgrade Tel: +38 1 11 362 01 04 beograd@oei.org www.beograd.oei.org AUSTROTHERM D.O.O. Dragomir Ilić Mirka Obradovića b.b.

14000 Valjevo Tel: +381 14 291 310 office@austrotherm.rs AUSTROTHERM –MARKETINGBÜRO BELGRAD Vladimir Cujić Arčibalda Rajsa 27 11030 Belgrade Mob: +381 64 823 47 01 Tel: +381 11 236 92 80 office-Belgrade@ austrotherm.rs www.austrotherm.rs BAUER SPEZIALTIEFBAU GMBH – REPRESENTATIVE BELGRADE Erwin Girsch Knez Mihailova 22 11000 Belgrade Tel: +43 1 76022 20

sekretariat@ bauer-spezialtiefbau.at www.bauer.de BAUMIT SERBIA D.O.O. Branko Banjeglav Smederevski put 25 K 11130 Belgrade Tel: +381 11 347 50 79 office@baumit.rs www.baumit.rs BAUSTOFF + METALL RITAM D.O.O. Veselin Despotović Ugrinovačka 171 11000 Belgrade Tel: +381 11 377 77 00 beograd@bm-ritam.co.rs www.baustoff-metall.com BEIERSDORF D.O.O. Peter Koyš Omladinskih brigada 88a 11070 Belgrade Tel: +381 11 222 06 60 BDFbeograd@ beiersdorf.com www.beiersdorf.com BENNING POWER ELECTRONICS D.O.O. Ljubiša Paranos Kornelija Stankovića 19 11118 Belgrade Tel: +381 11 344 20 73 info@benning.co.rs ljubisa.paranosbenning.co.rs www.benning.rs BEO MACO D.O.O. Predrag Janković Dobanovački put 44 11283 Zemun Tel: +381 11 412 29 49 BERRY FROST D.O.O. Milica SimićSimanić 1.maja bb, 15300 Loznica Tel: +381 15 871 823 berry.frost. loznica@gmail.com www.katrading.at BIOGAS ENERGY D.O.O. Milomir Vuković Vojvode Stepe 301, 11144 Belgrade BIOGAS PLANT ALIBUNAR Ekonomija 1, 26352 Ilandža Tel: +381 11 398 92 29 office@biogasenergy.rs www.biogasenergy.rs BLUEWATERS YU D.O.O. Mila Tanasković Beogradski kej 33/3/8 21000 Novi Sad Tel: +381 21 480 46 00 office@bluewaters.co.rs www.bluewaters.rs BOREALIS L.A.T D.O.O. Vladan Popovik Bul. Zorana Đinđića 64a 11070 Belgrade Tel: +381 11 260 88 31 lat.rs@borealisgroup.com www.borealisgroup.com BRAMAC KROVNI SISTEMI D.O.O. Biljana Tomović Bul. Mihajla Pupina 10v 11070 Belgrade Tel: +381 11 212 95 55 officesrb@bramac.com www.bramac.com BRANTNER OTPADNA PRIVREDA D.O.O. Danijel Beronja Bašaidski put bb 23272 Novi Bečej Tel:+381 23 771 150;775 841 danijel.beronja@brantner.com www.brantner.com BRENNTAG CEE GMBH PREDSTAVNIŠTVO Branko Mitrović Sokobanjska 1, 11000 Belgrade Tel: +381 11 665 00 50

office@brenntag.rs www.brenntag.rs BRUCHA GESMBH Zoran Diković Fruškogorskog odreda 4, 21132 Petrovaradin Mob: +381 66 439494 z.dikovic@brucha.com www.brucha.com CARGO-PARTNER D.O.O. Mirko Ilić Ugrinovački put bb 11272 Dobanovci Tel: +381 11 312 10 62 mirko.ilic@cargo-partner.com www.cargo-partner.com CENTRALNA PUTNA LABORATOIJA D.O.O. Radomir Jakovljević Živorada Petrovića 13 21203 Veternik Tel: +381 21 820 160 office@cpl.rs; www.cpl.rs CHAPTER 4 D.O.O. Tamara Bekčić Beogradska 54 / V sprat 11070 Belgrade Tel: +381 11 386 25 39 office-srb@chapter4.at www.chapter4.rs CHEMOPHARMA CHEMIKALIEN-UND PHARMAZEUTIKA D.O.O. Nenad Grujičić Bul. Mihajla Pupina 10g/I 11000 Belgrade Tel: +381 11 311 53 63 beograd@chemopharma.com www.chemopharma.com CINEPLEXX SRB D.O.O. Enver Hadžiabdić Jurija Gagarina 16-16A 11070 Belgrade Tel: +381 112203400 info@cineplexx.rs www.cineplexx.rs CITY EXPRESS D.O.O. Ivan Novaković Kumodraška 240 11000 Belgrade Tel: +381 11 309 30 00 info@cityexpress.rs www.cityexpress.rs COFACE SRBIJAD.O.O. Đorđe Živanović Bul. Oslobođenja 111 11000 Belgrade Tel: +381 11 39 76 051 office-rs@coface.com www.coface.rs COMPACT MM TRADE D.O.O. Mirko Jovanović Milana Rakića 35, 11000 Belgrade Tel: +381 11 24 13 222 office@compact-mmt.rs www.compact-mmt.rs COMPACT MONITORING SYSTEMS D.O.O. Danica Kojić Milana Rakića 35, 11000 Belgrade Tel:+381 11 383 70 98 office@compact-ms.rs www.compact-ms.rs COMPRESS VERLAGSGESELLSCHAFT M.B.H. & CO KG (KONTAKTNI BIRO GRADA BEČA) Miloš Bogunović Makedonska 17, 11000 Belgrade Tel: +381 11 337 36 73 office@compresspr.rs www.compresspr.rs CONFIDA CONSULTING D.O.O. Christoph Braunig Kneza Mihajlova 22 11000 Belgrade Tel: +381 11 303 91 04 office@confida.rs www.confida.rs

CONFIDE & PARTNERS D.O.O. Milovan Jelčić Jovana Boškovića 14 21000 Novi Sad Mob: + 381 63 500 023 Tel: +381 21 423 543 jelcic@confidepartners.com www.confidepartners.com www.confide.at CS EVENTIM D.O.O. Pavle Leverda Bul. Arsenija Čarnojevića 58 11070 Belgrade Tel: +381 11 214 43 84 office@eventim.rs www.eventim.rs www.ticketexpress.com D2 CONSULT INGENIEURE ZT-GMBH OGRANAK BELGRADE Nenad Altman Milovana Markovića 35 11070 Belgrade Tel: +381 11 309 61 00 office@d2consult.eu www.d2consult.eu DELIKOMAT D.O.O. Vladimir Bojović Preljinska Baluga bb 32000 Čačak Tel: +381 32 5482 082 Mob: +381 60 588 88 88 www.delikomat.rs DIALAB D.O.O. Danijela Jovanović Carigradska 1, 11008 Belgrade 12 Tel: +381 11 323 87 45 dialab@sbb.rs; www.dialab.at DIE PRESSE Thomas Roser Koste Glavinića 25a 11040 Belgrade Tel: +381 11 306 52 53 roser.thomas@gmail.com www.diepresse.com DM DROGERIE MARKT D.O.O. Alehandra Olivera Korichi Bul. Mihajla Pupina 181 11070 Belgrade Tel: +381 11 206 29 00 dmbgd@dm-drogeriemarkt.rs www.dm-drogeriemarkt.rs DOKA SERB D.O.O. Branko Dobričanin Svetogorska 4 22310 Šimanovci Tel: +381 22 400 100 serb@doka.com www.doka.com/rs DONAUCHEM GMBH REPRÄSENTANZ Duško Mihailović Bul. Mihajla Pupina 6 11070 Belgrade Tel: +381 11 440 42 30 dusko.mihailovic@ donauchem.com www.donauchem.at DONAU-TANKSCHIFFAHRTSGESELLSCHAFT M.B.H. REPRESENTATIVE BELGRADE Milosav Jelić Dr Ivana Ribara 176/6 11070 Belgrade Tel: +381 69 733 433 jelic@dtsg.com www.reederei-jaegers.de DOPPELMAYR SEILBAHNEN GMBH OGRANAK BELGRADE Andrea Kočovski Imotska 1, 11000 Belgrade Tel: +381 30 434 932 andrea.kocovski@open. telekom.rs www.doppelmayr.com DS SMITH PACKAGING D.O.O. Zoran Jovanović

Balkanska 72, 37000 Kruševac Tel: +381 37 427 971 jovanovic.zoran@duropack.rs www.duropack.rs DURST D.O.O. Klaus Durst Bul. Mihajla Pupina 165, 11070 Belgrade Tel: +381 11 220 58 10 durst@durst.at www.atrium.rs ECOREC D.O.O. Goran Vasić 35254 Popovac Tel: +381 35 572 244 Mob:+381 63 637 094 dejan.ilic@ecorec.net www.ecorec.co.rs ECOVIS SEE D.O.O. Alexander Samoning Imotska 1, 11000 Belgrade Tel: +381 11 395 68 00 belgrade@ecovis.com www.ecovis.com EGLO RASVETA D.O.O. Suzana Jovanović Stefana Prvovenčanog 28 11000 Belgrade Tel: +381 11 398 13 89 eglo@eglorasveta.com www.eglorasveta.com EINHELL D.O.O. Ivan Kuzmanovski Vojvođanska 386, 11271 Belgrade Tel: +381 11 226 91 61 info.serbia@einhell.com www.einhell.com EJOT TEHNIKA SPAJANJA D.O.O. Oliver Đurić Autoput Beograd-Novi Sad 296X, 11080 Zemun Tel: +381 11 748 60 82 info@ejot.rs; www.ejot.rs ELBET D.O.O. Danko Vuković Vojvode Stepe 301 11144 Belgrade Tel: +381 11 398 92 88 office@elbet.rs; www.elbet.rs ENERGO - PET D.O.O. Miroslav Popović Bul. Mihajla Pupina 12 11070 Belgrade Tel: +381 22 391 257 office@energopet.net www.energopet.com EPIC EUROPEAN PRIVATISATION & INVESTMENT CORPORATION Bobo Ristić Gospodar Jovanova 39 11000 Belgrade Mobile: +381 63 43 13 89 bobo.ristic@epicinvest.com www.epicinvest.com ERSTE BANK A.D. Slavko Carić Bul. Oslobođenja 5, 21000 Novi Sad Milutina Milankovića 11b, 11070 Novi Belgrade Tel: +381 11 201 50 15 info@erstebank.rs www.erstebank.rs ERSTE GROUP IMMORENT Claus Graggaber Milutina Milankovića 11a 11070 Belgrade Tel: +381 11 228 74 80 office.rs@immorent. com www.erstegroupimmorent.rs ESTO RASVETA D.O.O. Petar Drča Cara Dušana 205a 11080 Zemun Tel: +381 11 307 25 02 office@estorasveta.com www.esto.at

2017

ESW EISENWERK SULZAU WERFEN -HANDELSVERTRETUNG Ljuban Vasić Mira Popare 19, 11030 Belgrade Tel: +381 11 355 95 06 office@esw.co.at www.esw.co.at EURO LOGISTIK SERVICE D.O.O. Saša Orlov Vladimira Popovića 50/ A-456 11070 Belgrade Tel: +381 11 785 64 10 office@els.co.rs; www.els.co.rs EUROFOAM -SUNDERI D.O.O. Milena Urbančok Karađorđeva bb 22300 Stara Pazova Tel: +381 22 310 032 office@eurofoam.co.rs www. eurofoam.co.rs EUROPAPIER DUNAV D.O.O. Dragutin Ilić Batajnički drum 6f 11080 Zemun Tel: +381 11 715 08 40 office@europapier.rs www.europapier.com EUROPEAN CONTRACT LOGISTICS - SERBIA D.O.O. Goran Đorđević Milutina Milankovića 1, lok 32 11070 Belgrade Tel: +381 11 711 32 00 office@6oktobar.com www.6oktobar.com FEIX NUTRITION D.O.O. Željko Maksimović Bul. Kralja Petra I 55/II/20 21000 Novi Sad Mob: + 381 64 661 64 27 zeljkomax@yahoo.com www.phytosynthese.com FELBERMAYR TRANSPORT AND LIFTING D.O.O. Wolfgang Schellerer Imotska 1, 11000 Belgrade Tel: +385 1 662 60 18 beograd@felbermayr.cc www.felbermayr.cc FESTO GESELLSCHAFT M.B.H. OGRANAK BELGRADE Ivan Zekavica Omladinskih brigada 90v/5 11070 Belgrade Tel: +381 11 785 39 00 info@festo.rs; www.festo.rs FIRST FACILITY D.O.O. Radivoje Nijemčević, Director Milentija Popovića 5a 11070 Belgrade Tel: +381 11 614 91 06 office.Belgrade@firstfacility.net www.firstfacility.net GEA FARM TECHNOLOGIES SERBIA D.O.O. Thomas Czutta Konstantina Jovanovića 10 11080 Zemun Tel: + 38 11 405 36 18 luka.bjeletic@gea.com www.gea.com GEBRUDER WEISS AIR AND SEA D.O.O. Dimitrije Nikolić Milutina Milankovića 23 11070 Belgrade Tel: +381 11 711 54 41 dimitrije.nikolic@gw-world.com www.gw-world.com GEBRÜDER WEISS TRANSPORT AND LOGISTICS D.O.O. Dragan Simović Beogradska bb, 11272 Dobanovci Tel: +381 11 371 52 00 gw.serbia@gw-world.com

www.gw-world.rs GFK BELGRADE D.O.O. Marijana Agic-Molnar Bul. Mihajla Pupina 10 b/II 11070 Belgrade Tel/Fax +381 11 715 58 88 info.serbia@gfk.com www.gfk.rs GIA TECHNOLOGY D.O.O. Oliver Marić Primorska 86, 21000 Novi Sad Tel: +381 21 310 12 50 office@gia.co.rs www.gia.co.rs GLOBO D.O.O. Judit Beker Bajči Žilinskog 16 21000 Novi Sad Tel: +381 21 424 357 office_serbia@ globo-lighting.com www.globo-lighting.com GP PORR D.O.O. Leu Rainer Milutina Milankovića 11a, 11000 Belgrade Tel: +381 11 364 22 00 office.Belgrade@porr.at www.porr.rs GRAIN D.O.O. Radmila Krunić Vladimira Popovića 38-40 11070 Belgrade Tel: +381 11 616 78 27 www.grain.at GRAWE OSIGURANJE A.D.O. Christoph Czettl Bul. Mihajla Pupina 115 D 11070 Belgrade Tel: +381 11 209 26 00 office.Belgrade@grawe.rs www.grawe.rs GRECO JLT D.O.O. Dejan Papuga Sterijina 15, 11000 Belgrade Tel: +381 11 329 18 04 d.papuga@greco.rs www.greco.eu GRUPPA L´ULTIMA SERBIA Željko Dobričić Čubrina 10, 11000 Belgrade Tel: +381 11 218 15 66 gruppalultima@gmail.com www.gruppalultima.at HABERKORN D.O.O. Vitomir Bodiroža Kralja Petra I 59, 21203 Veternik Tel: +381 21 310 15 55 haberkorn@sezampro.rs info@haberkorn.rs www.haberkorn.rs HANSA FLEX HIDRAULIKA D.O.O. Jürgen Albrecht Ratarski put 39d, 11080 Zemun Tel: +381 11 219 32 84 srb@hansa-flex.com www.rs.hansa-flex.com HAUSBETREUUNG DIMMI D.O.O. Alexander Dimmi Grčića Milenka 38 11000 Belgrade Tel: 0800 20 30 30 office@dimmi.at www.dimmi.at HAUZMAJSTOR D.O.O. Bojan Stevanović Dunavska 57a 11000 Belgrade Tel: +381 11 303 40 34 www.hauzmajstor.rs HD EUROPEAN CONSULTING GROUP Danijel Pantić Francuska 5/III/8 11000 Belgrade Tel: +381 11 328 63 68 info@hd-ecg.com www.hd-ecg.com

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HENKEL SRBIJA D.O.O. Gordana Brašić Bul. oslobođenja 383 11030 Belgrade Tel: +381 11 207 22 00 info@rs.henkel.com www.henkel.rs HERZ ARMATUREN D.O.O. Nemanja Tubić Industrijska zona bb 22330 Nova Pazova Tel: +381 22 328 898 nemanja.tubic@herz.rs www.herz-srb.com HETA LEASING D.O.O. Bojan Baša Bul. Mihajla Pupina 115g 11070 Belgrade Tel: +381 11 222 70 00 leasing.belgrade@heta.rs HILL INTERNATIONAL D.O.O. Mina Čandrlić Ruzveltova 45/I, 11000 Belgrade Tel:+381 11 329 45 05 hill@hill.rs; www.hill.rs HIPP GMBH & CO. VERTRIEB KG PREDSTAVNIŠTVO Dr Branka Trišić Kneza Miloša 51, 11000 Belgrade Tel/Fax: +381 11 361 29 44 hipp@tehnicom.net www.hipp.rs HOBAS ROHRE GMBH – REPRESENTATIVE OFFICE BELGRADE Jelena Milošević Miodraga Petrovića Čkalje 10 11050 Belgrade Tel: +381 11 283 09 78 jelena.milosevic@hobas.com www.hobas.com HODLMAYR ZASTAVA D.O.O. Markus Waeger Trg Topolivaca 4 34000 Kragujevac Tel: +381 34 323 239 serbia@hoedlmayr.com www.hoedlmayr.com/serb HUBER D.O.O. Aleksandar Majkanović Đerdapski put bb, 19320 Kladovo Tel/Fax: +381 19 800 680 huber@kladovo.net.com www.huber-reklametechnik.com HYPO ALPE-ADRIA-BANK A.D. Zoran Vojnović Bul. Mihajla Pupina 6ª, PC Ušće 11070 Belgrade Tel: +381 11 222 67 13 office@hypo-alpe-adria.rs www.hypo-alpe-adria.rs IB INTERBILANZ CONSULTING & AUDIT D.O.O. Marco Egger Milutina Milankovića 136 A/B 11070 Belgrade Tel: +381 11 655 70 43 office@ibgroup.rs www.ibgroup.at IC CONSULENTEN D.O.O. Žaneta Ostojić Barjaktarević Kneza Miloša 19/III 11000 Belgrade Tel: +381 11 303 92 38 Belgrade@ic-group.org www.ic-group.org IMCD SOUTH EAST EUROPE GMBHREPRESENTATIVE OFFICE SERBIA Johann Milchram Osiječka 38, 11070 Belgrade Tel: +381 11 313 07 28 info@imcd.at www.imcdgroup.com IMMO CLEAN D.O.O. Zoran Simić Kružni put 1A, 11309 Leštane Tel: +381 11 787 31 11 office@immoclean.org www.immoclean.org INTOCO-GD SYSTEMS D.O.O. Milorad Sikima Mileševska 14/IV, 11111 Belgrade Tel: +381 65 304 04 04 dfilipovic@whs-vienna.com intoco@sbb.rs

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INTRAPROFIL D.O.O. Milanko Šaković Đure Strugara bb 26000 Smederevo Tel: +381 26 642 940 profil@intraprofil.com www.intraprofil.com ITO UNITED CHANGE D.O.O. Branko Vujadinović Vojvode Milenka 52a/2 11000 Belgrade Tel: +381 11 362 17 43 office.Belgrade@ united-change.com www.ito.co.at IVICOM ENERGY D.O.O. Ilija Tošić Jug Bogdanova 2, 12320 Žagubica Tel: +381 12 216 81 82 ilija.tosic@ivicom-energy.com www.ivicom-energy.com JANKOVIĆ, POPOVIĆ & MITIĆ A.O.D. Nikola Janković Vladimira Popovića 6 11070 Belgrade Tel: +381 11 207 68 50 office@jpm.rs; www.jpm.rs JUMO MERNI I REGULACIONI UREĐAJI Tomislav Maričić Petrovaradinska 20, II/8 11000 Belgrade Tel: +381 11 285 22 79 tomislav.maricic@jumo.net www.jumo.net K&K BUILDING CONSTRUCTION D.O.O. Dragan Katić Kneza Miloša 20 36210 Vrnjačka Banja Tel: +381 36 612 001 k.k.building@gmail.com www.katicdoo.com KANCELARIJA ATAŠEA ZA POLJOPRIVREDU, ŠUMARSTVO I ŽIVOTNU SREDINU PRI AUSTRIJSKOJ AMBASADI BELGRADE Dr. Christian BRAWENZ Bul. Mihajla Pupina 115D 11070 Belgrade Tel: +381 11 655 50 38 austria@agraroffice.rs www.bmlfuw.gv.at KBA-MOEDLING SUED-OST D.O.O. Vladan Rakić Grčića Milenka 86 11000 Belgrade Tel: +381 11 344 10 90 vladan.rakic@kba.com office@kba.at; www.kba.at KLACSKA JUGOSLAVIJA D.O.O. Alexander Klacska Bul. Mihajla Pupina 10G/II vp 52 11070 Belgrade Pančevački put 47 11210 Krnjača Tel: +381 11 271 23 78 stevan.jevtic@klacska.co.rs www.klacska.at KLIMA DOP D.O.O. Dragan Obradović Autoput Beograd-Zagreb, Blok 52, GP "Novi Kolektiv" 11070 Belgrade Tel: +381 11 319 01 77 office@klimadop.com www.klimadop.com KLINGSPOR D.O.O. Božo Jovanovič Kumodraška 260 11000 Belgrade Tel: +381 11 246 94 53 office@klingspor.rs www.klingspor.de KNAUF ZEMUN D.O.O. Todor Delovski Batajnički drum 16b, 11080 Belgrade Tel: +381 11 207 45 00 delovski.todor@knauf.com.mk www.knauf.rs KONKAB D.O.O. Željko Nikolić Prvomajska 32, 26210 Kovačica Tel/Fax: +381 13 660 410 kontakt@konkab.com www.konkab.com

KÜHNE + NAGEL D.O.O. Saša Radosavljević Partizanska 228, 11277 Ugrinovci Tel: +381 11 371 51 41 info.belgrade@ kuehne-nagel.com www.kn-portal.com KUNSTTRANS D.O.O. Đorđe Branković Balkanska 32/30 11000 Belgrade Tel: +381 11 361 19 47 kunstbgd@eunet.rs www.kunsttrans.rs LAGERMAX AED D.O.O. Aleksandra Bilbija Golubinačka bb 22310 Šimanovci Tel: +381 22 408 860 office@lagermax-aed.rs www.lagermax.com LEITNERLEITNER D.O.O. Pavo Đedović Knez Mihajlova 1-3/III 11000 Belgrade Tel: +381 11 655 51 05 office.belgrade@ leitnerleitner.com www.leitnerleitner.com LEMIS HANDELSGESELLSCHAFT MBH PREDSTAVNIŠTVO BELGRADE Strahinja Spasić Slanački put 87 B 11060 Belgrade Tel: +381 11 275 74 86 office@lemis.biz www.lemis.biz LINDE VILJUŠKARI D.O.O. Vesna Jovanović Moše Pijade 17/b, 11224 Vrčin Tel: +381 11 805 57 06 info@linde-mh.rs www.linde-mh.rs LKB VERTRIEBS GMBH -PREDSTAVNIŠTVO Radoslav Jakovljević Cvijićeva 115/8, 11120 Belgrade Tel: +381 11 676 67 11 lkb.rs@lkb.eu; www.lkb.eu LORENČIĆ D.O.O. Đorđe Stojanović Batajnički drum bb 11080 Belgrade Tel: +381 11 414 23 22 beograd@lorencic.rs www.lorencic.rs LSG BUILDING SOLUTIONS D.O.O. Werner Schoißengeier Bul. Mihajla Pupina 10ž/411 11070 Belgrade Tel: +381 11 212 03 91 office.belgrade@lsg-group.eu www.lsg-group.eu LUKINTEHNIK D.O.O. Vladimir Lukić Indire Gandi 7/I, 11010 Belgrade Tel: +381 11 489 32 31 ltehnik@gmail.com www.plassertheurer.com M. MAY INDUSTRIEVERTRETUNGEN GMBHREPRESENTATIVE Željka Todić Milutina Milankovića 138/013 11070 Belgrade Tel: +381 11 308 68 79 info@mmay.at www.may-industrie.com MARAP ORGANIC FRUITS AND NUTS D.O.O. Božidar Milić Nikolaja Gogolja 86/19 11030 Belgrade Tel: +381 11 444 31 82 bozidarmilic@gmail.com office@marap.at MAVERICK CONSULTING BELGRADE Đorđe Maričić 27. Marta 36/XVII/66 11000 Belgrade Tel: +381 11 4125 704 office@maverickconsulting.rs www.maverickconsulting.rs MEINL CAPITAL ADVISORS AG PREDSTAVNIŠTVO Gorica Obućina Alekse Nenadovica 15/III/5

INTERNATIONAL BUSINESS SECTOR IN SERBIA

2017

11000 Belgrade Tel/Fax: +381 11 344 99 07 obucina@meinlbank.com www.meinlbank.com MERKUR OSIGURANJE A.D. Miodrag Kvrgić Bul. Mihajla Pupina 6 11070 Belgrade Tel: +381 11 785 27 27 office@merkur.rs www.merkur.rs MIDES-MEDTEH D.O.O. Norbert Richard Minarik Bul. Zorana Đinđića 205/2 11070 Belgrade Tel:+ 381 11 669 52 88 beograd@mides.com www.mides.com MINDTAKE RESEARCH GMBH PREDSTAVNIŠTVO Vladimir Živković Vlajkovićeva 22/VI/11 11103 Belgrade Tel: +43 1 228 88 10 office.rs@mindtake.com www.mindtake.com MLT PROFY MACHINERY D.O.O. Mikhail Vrubel Kumanački put 5 23272 Novi Bečej Tel:+381 23 771 755 www.mlt.co.at MPD TRADE D.O.O. Zoran Milosavljević Čarlija Čaplina 7 11000 Belgrade Tel: +381 11 329 37 94 office@kogeneracija.rs www.kogeneracija.rs MPM INVEST D.O.O. -WTE REPRÄSENTANZ Milovan Pavlović Ljutice Bogdana 1a 11000 Belgrade Tel: +381 11 367 42 61 pminvest@gmail.com www.wte.at NALCO OSTERREICH GESELLSCHAFT M.B.H. BELGRADE Gabriele Diem Tošin bunar 272/V 11070 Belgrade Tel: +381 11 207 68 00 akrstic@nalco.com www.nalco.com NEOFYTON D.O.O. Zoran Tadić Danila Kiša 7a, 21000 Novi Sad Tel: +381 21 472 32 48 zorant@neofyton.com www.neofyton.com NI-MACO D.O.O. Miroljub Krstić Bul. Dr. Zorana Đinđića 121A 18000 Niš Tel:+381 18 512 444 m.krstic@nimaco.co.rs www.nimaco.co.rs NINACOM D.O.O. Slaviša Škero Otona Župančića 42-44 11070 Belgrade Tel: +381 11 319 01 25 ninacom@ptt.rs www.ninacom.co.rs NITEA D.O.O. Vesna Ječmenica Đorđa Stanojevića 12 11070 Belgrade Tel: +381 11 228 73 89 office@nitea.rs; www.nitea.rs NOACK & CO SOUTH EAST D.O.O. Herbert Völkerer Stevana Musića 17 21000 Novi Sad Tel: +381 21 533 220 office@noack.rs www.noackgroup.com NORDMANN, RASSMANN D.O.O. Slobodan Nikolov Bul. Mihajla Pupina, 10V/305 11070 Belgrade Tel: +381 11 301 78 72 nrsrbija@nrc.de; www.nrc.rs NOVO INVESTMENT D.O.O. Jovo Zagorac Partizanske Avijacije 4/1 11070 Belgrade

Tel: +381 11 264 80 99 jovo.zagorac@ novoinvestment.com OMV SERBIA D.O.O. Božidar Rajić Omladinskih brigada 90a 11070 Belgrade Tel: +381 11 207 15 00 info.serbia@omv.com www.omv.co.rs ORF-ÖSTERREICHISCHER RUNDFUNK Ferdinand Christian Wehrschütz Kralja Milana 15, 11000 Belgrade Tel: +381 11 322 71 89 orf.belgrad@orf.at; www.orf.at OTIS D.O.O. Damir Luzar Tošin Bunar 272, 11070 Belgrade Tel: +381 11 715 52 60 office_srb@otis.com www.otis.com PAN NON OIL D.O.O. Vanjo Dimitrijević Đorđa Andrejevića Kuna 3/12, 19210 Bor Mob: +381 60 555 4173 aleksandra.janjic@ gussingrenewable.com www.gussingrenewable.com PEJAK-HANDEL D.O.O. Branko Pejak Maršala Tita 146, 15316 Banja Koviljača Tel: +381 15 815 635 branko@pejak.net www.pejak-handel.net PETRIKIĆ & PARTNERI – PARTNERBÜRO – CMS REICH-ROHRWIG HAINZ Dr. Radivoje Petrikić Cincar Jankova 3, Belgrade Tel: +381 11 320 89 00 office@cms-rrh.com www.cms-rrh.com PODGORINA FRUCHT D.O.O. Katarina Vučetić Pere Jovanovića Komirićanca 27 14253 Osečina Tel: +381 14 345 11 65 info@podgorina.com www.gruenewald -international.com PORSCHE LEASING SCG D.O.O. Andreas Krausler Zrenjaninski put 11 11210 Belgrade Tel: +381 800 350 350 info@porscheleasing.rs www.porscheleasing.rs PORSCHE MOBILITY D.O.O. Dejan Pavlović Zrenjaninski put 11 11210 Belgrade Tel: +381 800 350 350 info@porschemobility.rs www.porschemobility.rs PORSCHE SCG D.O.O. Elmar Geislerr, Director Zrenjaninski put 11 11210 Belgrade Tel: +381 11 304 24 00 info@porschescg.rs www.porschescg.rs POTISJE KANJIŽA A.D. Ištvan Jenei Subotički put 57, 24420 Kanjiža Tel: +381 24 873 303 office@tondach.rs www.tondach.rs PREDSTAVNIŠTVO PFT SYSTEMS VERTRIEBS GMBH Zoran Lazarević Bul. Arsenija Čarnojevića 140/19, 11070 Belgrade Tel: +381 11 313 97 64 info@pft-systems.at www.pft-systems.at PRIGAN D.O.O Clemens Schranz Bul. vojvode Mišića 15/ I 11000 Belgrade Tel: +381 11 369 98 03 b.ebner@soravia.at www.soravia.rs PRIMEX D.O.O. Momčilo Kostić Bul. kralja Aleksandra 290 11000 Belgrade Tel: +381 11 241 23 25

office@primex.rs www.primex.rs PRISMA RISK SERVICES D.O.O. Marija Vujasinović Topličin venac 19-21 11000 Belgrade Tel: +381 11 202 80 56 office@oekb-fss.rs www.oekb-fss.rs PROCHASKA D.O.O. Saša Perišić Maršala Tita 73, 11426 Belgrade Tel: +381 11 787 12 77 perisic@prochaska.rs www.prochaska.rs PROFINE D.O.O. Bojan Predojević Batajnički drum bb 11080 Belgrade Tel: +381 11 210 19 87 serbia@profine-group.com www.profine-group.com PROSPERING FOREIGN INVESTMENTS D.O.O. Zoran Jovanović Nikolaja Gogolja 10/II/3 11030 Belgrade Tel: +381 11 357 29 12 office@prospering-serbia.com www.prospering-serbia.com QUEHENBERGER LOGISTICS SRB D.O.O Vladimir Varičak Novi Novosadski put 211 11273 Batajnica Tel: +381 11 787 05 98 info.rs@quehenberger.com www.quehenberger.com RAIFFEISEN BANKA A.D. Zoran Petrović Đorđa Stanojevića 16 11070 Belgrade Tel: +381 11 320 21 00 info@raiffeisenbank.rs www.raiffeisenbank.rs RAIFFEISEN LEASING D.O.O. Ana Cvetković Đorđa Stanojevića 16 11070 Belgrade Tel: +381 11 220 74 00 info.leasing@ raiffeisen-leasing.rs www.raiffeisen-leasing.rs RAIFFEISEN-AGRO D.O.O. Dušan Mezulić Bul. Zoran Đinđića 67/17 11070 Belgrade Tel: +381 11 212 30 35 office@raiffeisen-agro.rs www.raiffeisen-agro.rs RAPS ZAČINI D.O.O. Thomas Neumayr Bul. Zorana Đinđića 45b 11070 Belgrade Tel: +381 11 311 08 82 office@raps.co.rs www.raps.co.rs RAUCH SERBIA D.O.O. Perica Aleksić Baje Pivljanina 13, 11070 Belgrade Šesta Lička 2, Koceljeva Tel: +381 11 265 22 25 office.srb@rauch.cc www.rauch.cc REHAU D.O.O. Nikola Ivošević Stražilovačka 7 11272 Dobanovci Tel: +381 11 377 03 01 Belgrade@rehau.com www.rehau.com RÖFIX D.O.O. Narsid Mujkić Popovac bb, 35254 Paraćin Tel: +381 35 541 044 marketing.soe@roefix.com www.roefix.rs ROHDE & SCHWARZ -OSTERREICH GES.M.B.H. - REPRESENTATIVE OFFICE BELGRAD Georg Pfeffer Španskih boraca 3 11070 Belgrade Tel: +381 11 655 68 14 rs-serbia@rohde-schwarz.com www.rohde-schwarz.com www.rohde-schwarz.at ROSLER D.O.O. Benno Allerbauer

Dr Ivana Ribara 32 11000 Belgrade Tel: +381 11 318 44 46 office@rosler.at b.allerbauer@rosler.com www.rosler.at ROTOGRAFIX D.O.O. Mihailo Stanković Nehruova 129/III, 11070 Belgrade Tel: +381 11 217 59 59 Belgrade@rotografix.com www.rotografix.com S & T SERBIA D.O.O. Rajko Jovanović Đorđa Stanojevića 14/III 11070 Belgrade Tel: +381 11 311 62 21 info@snt.rs; www.snt.rs SAFE•INVEST, D.O.O. Darko Bobesić Milentija Popovića 5v/ mezzanine, 11070 Belgrade Tel: +381 11 614 93 33 office@safe-invest.rs www.safe-invest.com/rs/rs SAFIN BALKAN D.O.O. Tomislav Kovačević Slanački Put 26, 11000 Belgrade Tel: +381 11 278 08 86 t.kovacevic@safin.com www.safin.com SAINT-GOBAIN GRAĐEVINSKI PROIZVODI D.O.O./RIGIPS Aleksandar Grujić Bul. Mihajla Pupina 115d 11070 Belgrade Tel: +381 11 628 24 44 aleksandar.grujic@ saint-gobain.com www.rigips.rs SALINEN D.O.O Stefan Maix Prhovačka 133, 22310 Šimanovci Tel: +381 22 480 370 dubravka.savicic@salinen.com www.salinen.com SANTA FE RELOCATION SERVICES D.O.O. Miša Matić Žitna 28, 11272 Dobanovci Tel: +381 11 353 63 50 belgrade@santaferelo.com www.santaferelo.com SCHACHERMAYER D.O.O Dušan Bandin Autoput za Novi Sad bb 11080 Zemun Tel: +381 11 848 03 78 info@schachermayer.rs www.schachermayer.rs SCHAUER AGROTEC D.O.O. Martin Prissnitz Rumenački put 55a 21000 Novi Sad Tel: +381 21 639 78 00 m. marcok@ schauer-agrotronic.com www.schauer.co.at SCHENKER D.O.O. Neven Marčesku Treća Logistička 1 22300 Novi Banovci Tel: +381 11 41 41 870 office@schenker.rs www.logistics.dbschenker.rs SCHIEDEL DIMNJAČKI SISTEMI D.O.O. Damir Matijević Bul. Arsenija Čarnojevića 96/2 11070 Belgrade Tel: +381 11 312 16 04 dimnjak@schiedel.rs www.schiedel.rs SCHRACK TECHNIK D.O.O. Nenad Rebić Kumodraška 260 11000 Belgrade Tel: +381 11 309 26 00 office@schrack.rs www.schrack.rs SETEC E&C D.O.O. Joachim Kanzler Kumodraška 237 11000 Belgrade Tel: +381 11 395 63 30 jkanzler@setec.at www.setec-ec.rs SFS-LASHING D.O.O. Igor Čonti Vojvođanska 27 21205 Sremski Karlovci Tel: +381 21 882 256

www.hfs.at SHINE S D.O.O. Siniša Anđić Bore Markovića 9 11000 Belgrade Tel: +381 11 357 36 47 office@shine.rs www.shine.rs SIEMENS D.O.O. Udo Ajhlinger Omladinskih brigada 21 11070 Belgrade Tel: +381 11 209 60 05 office.rs@siemens.com www.siemens.rs S-LEASING D.O.O. Bojan Vračević Milutina Milankovića 11a/IV 11070 Belgrade Tel: +381 11 201 07 00 office@s-leasing.rs www.s-leasing.rs SORAVIA MANAGEMENT D.O.O. Clemens Schranz Bul. vojvode Mišića 15, New Mill poslovna zgrada 11000 Belgrade Tel: +381 11 369 98 02 c.schranz@soravia.at www.soravia.rs SPIEGELFELD INTERNATIONAL D.O.O. Radivoje Nijemčević Milentija Popovića 5A 11070 Belgrade Tel: +381 11 660 37 20 office@spiegelfeld.eu www.spiegelfeld.eu STRABAG D.O.O. Dipl. Ing. Dragan Pavelić Antifašističke borbe 13A 11070 Belgrade Tel: +381 11 222 17 00 dubravka.mrkovic@strabag.com www.strabag.com SUN CHEMICAL PRINTING INK D.O.O. Igor Pušnik Bul. Arsenija Čarnojevića 61 11070 Belgrade Tel: +381 11 334 33 50 office@sunchemical.rs www.sunchemical.com SUNKID GMBH OGRANAK BELGRADE Emanuel Wohlfarter Terazije 5/4, 11000 Belgrade Tel: +381 11 322 39 85 emanuel.wohlfarter@ sunkidworld.com www.sunkid.at SWAROVSKI OPTIK Zoran Petronijević Rige od Fere 11, 11070 Belgrade Tel: +381 11 203 04 08 zoran.petronijevic@ swarovskioptik.rs www.swarovskioptik.com TEGETDOT D.O.O. Gorica Mijović Bul. Mihaila Pupina 10/v2 /2 /212 11070 Belgrade Tel: +381 11 404 80 60 office@tegetdot.com www.tegetdot.com TEHNOPAPIR D.O.O. Boban Popović Autoput za Novi Sad 74 11080 Zemun Tel: +381 11 210 14 20 office@tehnopapir.rs www.tehnopapir.rs TERRA SRBIJA D.O.O. Siniša Tomašić Batajnički drum 8A 11080 Zemun Tel:+381 11 316 32 55 office@terra-srbija.rs www.terra-srbija.co.rs TIPTEH D.O.O. Damir Večerka Toplice Milana 14A 11050 Belgrade Tel: +381 11 289 22 50 damir.vecerka@tipteh.rs www.tipteh.rs TPA HORWATH D.O.O. Thomas Haneder Makedonska 30/III 11000 Belgrade Tel: +381 11 655 88 00

office@tpa-horwath.rs www.tpa-horwath.rs TRANSOCEAN SHIPPING D.O.O. Lovro Kleindienst Gavrila Principa 57 11000 Belgrade Tel: +381 11 664 91 16 dragan.bubalo@ transocean-shipping.com www.transocean-shipping.com TRENKWALDER KADROVSKE USLUGE D.O.O. Mališa Grujić Omladinskih brigada 86 11070 Belgrade Tel: +381 11 212 90 63 infoserbia@trenkwalder.com www.trenkwalder.com TUI REISECENTERREISECENTER PLUS D.O.O. Svetlana Ratković Topličin venac 19-21 11000 Belgrade Tel: +381 11 328 88 52 info@tui-reisecenter.rs www.tui-reisecenter.rs U.M.A. -ARCHITEKTEN D.O.O. Branislav Radojčić Generala Lešjanina 4 11000 Belgrade Tel: +381 11 322 82 78 office.serbia@ uma-architects.com www.uma-architects.com UNICREDIT BANK SRBIJA A.D. Claudio Cesario Rajićeva 27-29, 11000 Belgrade Tel: +381 11 377 78 88 office@unicreditgroup.rs www.unicreditbank.rs UNICREDIT LEASING D.O.O. Emiliano Steinfl, President Executive Board Omladinskih brigada 90v 11070 Belgrade Tel: +381 11 309 35 02 office@unicreditleasing.rs www.unicreditleasing.rs UNIQA ŽIVOTNO OSIGURANJE A.D.O. Gerald Müller UNIQA NEŽIVOTNO OSIGURANJE A.D.O. Gordana Bukmirović Milutina Milankovića 134 G 11070 Belgrade Tel: +381 11 202 41 00 info@uniqa.rs; www.uniqa.rs VAIT D.O.O. Srđan Ninkov Balzakova 31, 21000 Novi Sad Tel: +381 21 310 15 05 office@vait.co.rs www.vait.co.rs VB LEASING D.O.O. Christoph Leitner Đorđa Stanojevića 12 11070 Belgrade Tel: +381 11 201 65 00 office@vbleasing.rs www.vbleasing.rs VCA D.O.O. Zoran Jovanović Osječka 4, 11030 Belgrade Tel: +381 11 656 41 95 zoran.jovanovic@vca.ag www.vca.ag VERAG SEDITION AG PREDSTAVNIŠTVO Svetlana Ormoš Samačka 17, 24000 Subotica Tel: +381 24 546 706 info@verag.ag www.verag.ag VICTORIA CONSULTING -DENKSTATT GROUP Srđan Milovanović Gandijeva 196/119 11073 Belgrade Tel:+381 11 228 86 88 info@victoriaconsulting.co.rs www.denkstatt-group.com VIP MOBILE D.O.O. Dejan Turk Omladinskih brigada 21 11070 Belgrade Tel: +381 11 225 33 33 komunikacije@vipmobile.rs www.vipmobile.rs

VOESTALPINE D.O.O. Christian Dopplmair Vladimira Popovića 48/VII/371 11070 Belgrade Tel: +381 11 311 87 54 suzana.konsulovski@ voestalpine.com www.voestalpine.com VOSSLOH KIEPE D.O.O. Peter Pichler Bul. Dvanaesti Februar bb 18000 Niš Tel: +381 18 580 624 contact-serbia@ vossloh-cogifer.com www.vossloh -skretnice.com VTG RAIL LOGISTICS AUSTRIA GMBH PREDSTAVNIŠTVO Damir Klašnja Cara Lazara 13, 11000 Belgrade Tel:+381 11 303 38 85 damir.klasnja@vtg.com www.transpetrol.rs WACKER NEUSON KRAGUJEVAC D.O.O. Robert Halajko Milice Milojković 13 34000 Kragujevac Tel: +381 34 6170 110 info-at@wackerneuson.com www.wackerneuson.at WATER POWER TECHNOLOGY D.O.O. Miloš Veličković Ulofa Palmea 8a , 11160 Belgrade Tel: +381 11 743 24 22 velickovic.m@wpt.rs www.wpt.rs WIENER STÄDTISCHE OSIGURANJE A.D. Svetlana Smiljanić Trešnjinog cveta 1 11070 Belgrade Tel: +381 11 220 99 00 office@wiener.co.rs www.wiener.co.rs WOLF THEISS IN COOPERATION WITH LAW OFFICE MIROSLAV STOJANOVIĆ Miroslav Stojanović Bul. Mihajla Pupina 6 11070 Belgrade Tel: +381 11 330 29 00 miroslav.stojanovic@ wolftheiss.com www.wolftheiss.com YUBE D.O.O. Jadranka Stojanović Braće Mićić 66, 31212 Požega Tel: +381 31 823 043 j.stojanovic@dirafrost.rs www.dirafrost.com ZAVOD ZA DIJAGNOSTIKU “VAMED” – “VMR” Slavica Ćosić Hajduk Veljkova 11 21000 Novi Sad Tel: +381 21 424 888 vamedns@open.telekom.rs www.vamed.com ZORKA KERAMIKA D.O.O. Petar Miljković Hajduk Veljkova 1, 15000 Šabac Tel: +381 15 367 009 keramika@zorka-keramika.rs www.zorka-keramika.rs ZG LIGHTING D.O.O. PREDSTAVNIŠTVO BELGRADE Rudolf Staricky Knez Mihajlova 1-3 11000 Belgrade Mob: +381 69 544 48 02 Tel: +381 11 65 57 658 welcome@zumtobel.rs www.zumtobelgroup.com

BELGIUM AGFA HEALTHCARE REPRESENTATIVE OFFICE Pandrc Marko Sarajevska 40/54 11000 Belgrade Tel: +381 11 26 861 81

marko.pandrc@agfa.com www.global.agfahealthcare.com AGRICON Aleksandar Ninkov Gagarinova 22 21000 Novi Sad Tel :+ 381 21 443 762 agricon@agriconco.com www.agriconco.com ASPEKT SYSTEM INTEGRATION Nebojša A.Lalić Požeška 67a, 11000 Belgrade Tel: +38 1 11 355 7599 office@aspekt.rs www.aspekt.rs ASSEMA Goran Andrić Miloja Pavlovića 9 34000 Kragujevac Tel: +381 34 617 0002 office@assema-machines.com www.assema-machines.com ATLAS COPCO A.D. Igor Pavlović Milutina Milankovica 23 11070 Belgrade Tel: +381 11 220 16 45 office.serbia@rs.atlascopco.com www.atlascopco.com AVGUSTIN WAFFLE & ICE BAR - BELGRADE ART HOTEL-BAH TODOR HOTELS D.O.O. Slađana Peroš Knez Mihailova 27 11000 Belgrade Tel: +381 11 3312 000 info@belgradearthotel.com www.belgradearthotel.com AXIS DESIGN D.O.O. Miodrag Milanović Đorđa Vajferta 15 11000 Belgrade Tel: +381 11 2453 538 office@axis.rs; www.axis.rs AZELIS SERBIA Apostolos Moustos Topličin venac 3/2 11000 Belgrade Tel: + 381 11 3283 390 office@finkochem.com www.azelia.com BARRY CALLEBAUT Stojan Kemera Jurija Gagarina 32 11070 Belgrade Tel: +381 11 353 2803 stojan_kemera@ barry-callebaut.com www.barry-callebaut.com BERLIGHT D.O.O Miroslav Mirković Žorža Klemansoa 6 11000 Belgrade Tel: +38111 357 3068 info@berlight.rs www.berlight.rs BIRO-MARKETING Jasmina Živković Trogirski trg 5, 37000 Kruševac Tel: +381 37 44 33 42 info@biromarketing.com www.biromarketing.com BLOCKX D.O.O. EXPORT- IMPORT Banković Miluška Ciglanska bb 21470 Bački Petrovac Tel: +381 217 81 507 blockx@stcable.net www.blockxdoo.com CARMEUSE SERBIA Srđan Marković 31215 Jelen DO, Požega Tel: +381 31 590 599 company@carmeuse.rs www.carmeuse.rs CITY MAGAZINE Ivan Bevc Kapetan Mišina 8 11000 Belgrade Tel ++ 381 11 328 60 88 info@citymagazine.rs www.citymagazine.rs CORDEEL D.O.O. BELGRADE Nikola Jokić Radnička 35, 11000 Belgrade Tel:+381 11 3572601 office@cordeel.rs CROPS-CROP’S & PARTNERS Radovan Lazarević

Kralja Milutina 51 11000 Belgrade Tel:+381 11 306 50 65 office@cropsandpartners.rs DE VALK D.O.O. + EUROTEP VALCKE JOHAN Aleksandar Petrić Prvomajska 45, 26000 Pančevo Tel: + 381 13 335 249 kontakt@tepisidevalk.rs www.tepisidevalk.rs DECEUNINCK D. O. O. (SRB/MNE/MK) - INOUTIC Dragan Stevanović Kružni put b.b., 11309 Belgrade Tel: +381 11 344 32 17 drast@beotel.net www.deceuninck.com DEFINITION DESIGN D.O.O.LLC Đorđa Stanojevića 9g/ loc 5 11070 Belgrade Tel: +381 11 770 10 77 office@definition.rs www.definition.rs DELHAIZE SERBIA D.O.O. Quentin, Alexandre Royer Jurija Gagarina 14 11070 New Belgrade Tel: +381 11 715 34 00 office@delhaize.rs www.www.maxi.rs DUOCHEM D.O.O. Nebojša Petrović Industrijska zona, blok 25 22330 Nova Pazova Tel:+381 22 323 886 duochem@eunet.rs www.duochem.rs DUCO VENTILATION Živko Cvejin Vojvođanska 15, lokal 2, 11070 New Belgrade Tel:+381 11 217 62 82 info@future-duco.com www.duco.rs EASYKIT D.O.O. Atila Taloš Prvomajska 146, 21220 Bečej Tel: + 381 21 384 41 99 ugradisam@easykit.rs www.easykit.rs ECOTRADE BG Miloje Branković Strahinjića Bana 3 18000 Niš Tel: +381 18 520 691 ecotradebg@ecotradebg.rs www.ecotradebg.rs EDENCORP D.O.O Milena Mačkić Uroša Martinovića 4 11070 New Belgrade Tel:+381 11 630 29 17 office@edencorp.rs www.facebook.com/Chocolate.in.a.bottle ELICIOELECTRAWINDS S D.O.O. Christophe Bols Vladimira Popovića 6, 11070 New Belgrade Tel:+ 381 11 66 00 955 info@elicio.be; www.elicio.rs EM DIP PRO TEAM D.O.O. Svetozar Petrović Čuburska 9/L2, 11000 Belgrade Tel: +381 11 407 4196 office@emdipproteam.co.rs www.emdipproteam.co.rs GLAXOSMITHKLINE EXPORT LTD REPRESENTATIVE OFFICE, SERBIA AND MONTENEGRO Marija Krstić Omladinskih brigada 88 Tel:+381 11 310 57 00 serbia_info@gsk.com www.gsk.rs GOVI BALKAN D.O.O. Gavro milinković Gavrila Principa 5, 15000 Šabac Tel: + 381 15 344 837 info@govi.com www.govi.com GUIDANCE Nebojša Bajić Erik Van Mileghem Brankova 7, 11000 Belgrade Tel: +381 11 2629 550 kontakt@guidance.rs www.guidance.rs

INOSTONE Grujić Dejan Vojvode Bogdana 38 11120 Belgrade Tel: + 381 11 242 44 36 Tel: + 381 11 380 75 23 inosyub@eunet.rs www.www.kamen.co.rs INPHARM CO. D.O.O. Viljem Jovanović Batajnički drum 23 11080 Belgrade - Zemun Tel: + 381 11 307 39 06 office@inpharm.rs www.www.inpharm.rs ITAF ICT SERVICES Miroslav Frik Durmitorska 1, 11000 Belgrade Tel: +381 69 277 90 46 kontakt@helloworld.rs info@itaf.eu; www.itaf.eu KAMELEON MIX Nenad Stojadinov Vodovodska 174v 11000 Belgrade Tel: + 381 11 257 27 73 nenad@kameleon-mix.co.rs www.kameleon-mix.co.rs KENZAI GROUP Geeraert Patrick Žorža Klemansoa 19 11000 Belgrade Tel : + 381 11 785 28 28 office@carpetland.rs contractworld@kenzaigroup.rs www.carpetland.rs KORUS CONSULTING AGENCY Goran Korić Bul. Kralja Aleksandra 221 11000 Belgrade Tel: + 381 11 241 36 42 goran.koric@tvh.com LEVER INZENJERING Ljubiša Popović Ustanička 64/XVII 11000 Belgrade Tel:+381 11 308 93 54 office@lever.rs; www.lever.rs MEDACOM Vasko Velkov Nikodija Stojanovića bb 18000 Niš Tel: +381 18 200 252 office@medacomdoo.com www.medacom.rs METECH ACTIVITY METAL PROCESSING, METAL PARTS Knabe Walter Đure Salaja 17 11300 Smederevo Tel : + 381 26 613 347 office@metech-srbija.com www.metes.be MINEL SCHREDER Bratislav Vučković Milutina Milankovića 11a, GTC Square S2 11070 Belgrade Tel: +381 11 21 00 933 office@minel-schreder.rs www.minel-schreder.rs NOUMENON D.O.O Carl De Smet Dunavska 86, 11000 Belgrade noumenondesign@gmail.com www.noumenon.eu NUSCIENCE PREMIX INTERNATIONAL D.O.O. VELIKA PLANA Karoly Molnar 28. oktobra 60 11320 Velika Plana Tel: +381 26 515 945 office@nuscience.rs www.nusciencegroup.com PERISKAL Milorad Smiljanić Dečanska 13/6, 11000 Belgrade Tel: +381 11 468 151 office@periskal.rs www.periskal.rs POLYDEC Đorđević Marina Pere Todorevića 15 11030 Belgrade Simina 41, 11000 Belgrade Tel: + 381 11 305 94 23 office@polydec.rs www.polydec.rs PROFEX D D.D.O. Stevanović Dragan

Jove Ilića 49, 11000 Belgrade Tel/fax: + 381 11 391 09 07 profexd@eunet.rs www.profexd.com PRONAILS Bojana Adamović Obilazni put bb, 15000 Šabac Tel: +381 15 716 01 02 pronails@mts.rs www.pronails.rs PURATOS Orfej Đorđević Dobanovački put 58 11080 Zemun, Belgrade Tel: +381 11 316 84 75 Call centar: 0700 070707 office@puratos.rs www.puratos.rs RAVAGO Milan M. Janković Antifašističke borbe 25/1 11070 New Belgrade Tel: +381 11 715 12 50 office@ravago.rs www.ravago.rs RESINEX SRBIJA D.O.O. Vladan Šotra Cara Dusana 205a 11080 Belgrade Tel: + 381 11 307 25 28 office@resinex.rs www.resinex.rs REYNAERS ALUMINIUM Saša Sretenović Tošin Bunar v272 11070 New Belgrade Tel: +381 11 713 87 47 e-mail:sasa.sretenovic@ reynaers.com www.reynaers.com STYLOS Boško Blažić Futoški put 67, 21000 Novi Sad Tel: +381 21 489 16 00 kabinet@stylos.rs www.stylos.rs TARA INTERNATIONAL CONSULTING doc.dr Hugo A.M. van Veghel Narodnog Fronta 73A/51-52 21000 Novi Sad Tel: + 381 21 636 66 12 info@taraic.eu www.tara-international -consulting.eu TAVROS D.O.O. Čanak Bojan Bežanijska kosa, Surčinski put 1/J, 11080 Belgrade Tel: +381 11 318 82 57 office@tavros.com www.tavros.com TECHNOPARTNER GROUP Dragica Petrović Milutina Milankovića 124 11070 Belgrade Petra Kočića 6, 11080 Zemun Tel:+381 11 261 88 99 info@technopartner.rs www.technopartner.rs ULTRAPOLYMERS D.O.O. Antifašističke borbe 21e/15 11070 New Belgrade Tel: +381 11 21 22 035 info.rs@ultrapolymers.com www.ultrapolymers.com URADI SAM Ivan Jovanović Đorđa Stanojevića 35 11070 New Belgrade Tel: 381 11 228 46 86 marketing@uradi-sam.rs www.uradi-sam.rs VAN HOOL SERBIA Srđan Lakić Slavka Ćuruvije 17 srdjan.lakic@vanhool.rs www.sr-rs.facebook.com/ VAN-HOOL-Srbija VELT PLUS D.O.O. Tamara Radović Industrijska zona bb 22330 Nova Pazova Tel: + 381 11 396 01 14 veltplus@gmx.com www.veltplus.rs WINDVISION OPERATIONS D.O.O. Neda Sretović Obilićev venac 18-20/VII, Apr.1 11000 Belgrade Tel: +381 11 328 35 27 neda.sretovic@windvision.com

2017

2, loc. 30, 18000 Niš Tel: +381 18 308 063 iini@integralgrupa.com www.integralinzenjering.com OPTIMA MODRIČA BEOGRAD D.O.O. Topličin Venac 1 11000 Belgrade Tel: +381 11 324 40 17 info@optimamodricabg.rs www.optimamodricabg.rs PIMS D.O.O. Dečka bb, 22310 Šimanovci Tel: +381 22 409 100 office@pims-sr.com BELARUS sinisa.smiljkovic@pims-rs.com BELARUS PREDSTAVNIŠTVO AGROPANONKA D.O.O. MEDEKS-PROM ŠIPOVO Dragoljub Svonja Marije Kiri 7 Filipa Višnjića 10, 21000 Novi Sad 21000 Novi Sad Tel: +381 21 331 88 61 Tel: +381 21 524844 info@medeksprom.com office@agropanonka.com www.medeksprom.com www.agropanonka.com PREDSTAVNIŠTVO ČULIĆ DINARA A.D. D.O.O. PRIJEDOR Biljana Sunkić Janka Veselinovića 12 Save Markovića 3, 21000 Novi Sad 11000 Belgrade Tel: +381 21 2070952 Tel: +381 11 2464059 dooculic@prijedor.com office@dinara.rs; www.dinara.rs STANIĆ GROUP TRIGON TIM D.O.O. REPRESENTATIVE OFFICE Mile Supica BELGRADE Gandijeva 148a, 11000 Belgrade Tel: +381 63 301 315 Tel: +381 11 3185646 zaki.rocenovic@stanic-juicy.com trigonco@eunet.rs www.stanic-juicy.com VULOVIĆ SITEL D.O.O. TRANSPORT D.O.O. Stevana Brakusa 6 Mališa Galjak 11000 Belgrade Dragoslava Srejovića 55 Tel: +381 11 754 49 74 34000 Kragujevac office@sitel.rs Tel: + 381 34 501 077 www.sitel.co.rs office@vulovictransport.com ŠIRBEGOVIĆ GRUPA www.vulovictransport.com Bul. Mihaila Pupina 10v YUBEL 11070 New Belgrade INŽINJERING D.O.O. Tel: +381 11 311 94 48 Dragan Zivković www.sirbegovic.com Bul. Mihajla Pupina 10 11070 Novi Belgrade Tel: + 381 11 311 60 85 office@yubelinzinjering.co.rs www.yubelinzinjering.co.rs www.www.windvision.com YUBE ACTIVITY FROZEN FRUITS –DIRAFROST Stojanović Jadranka Braće Micića 66 31250 Požega Tel: + 381 31 812 825 yube@sezampro.rs www.dirafrost.be

BULGARIA

BOSNIA AND HERCEGOVINA ARCELORMITTAL Bul. Mihajla Pupina 10Ž/5 11070 Belgrade Tel: +381 11 425 20 00 www.europe.arcelormittal.com BOSNALIJEK D.D. Cara Nikolaja II 61b 11000 Belgrade Tel: +381 11 244 38 38 office@bosnalijek.rs www.bosnalijek.rs EKOTANK - PLUS D.O.O. Jurija Gagarina 105 11070 New Belgrade Tel: +381 63 104 99 82 ecotrade@rskoming.net ecotrade@gradiska.com www.ecotrade.rs.ba ELNOS BL – BELGRADE Majora Zorana Radosavljevića 372 11273 Batajnica Tel: + 381 11 618 42 22 officebg@elnosgroup.com ELNOS BL – NOVI SAD Vladislava Kaćanskog br. 2 21000 Novi Sad Tel: +381 21 475 0792 officens@elnosgroup.com GATARIĆ GROUP Lazara Mamuzića 16E 11 080 Zemun Tel: + 381 11 65 56 560 komercijalabg@gataric.net www.gataric.net INTEGRAL INŽENJERING A.D. BRANCH OFFICE BELGRADE Kosovska 17, 11000 Belgrade Tel: +381 11 322 84 02 iibg@integralgrupa.com www.integralinzenjering.com INTEGRAL INŽENJERING A.D. BRANCH OFFICE NIŠ Bul. Nemanjića 85A,TC Zona

APEX SERVICE D.O.O Krassimir Borissov Karavassilev Ugrinovački put 116, 11080 Belgrade, Tel: +381 11 3774531, office@apexservice.eu www.apexservice.eu HANDYTEL D.O.O. Mihail Borislovov Nenčev Mihaila Bulgakova 32B, 11000 Belgrade, Tel: +381 11 7420555, officeBelgrade@handybg.com www.handy.rs INTERLEMIND A.D. Nadja Petkova Sime Pogačarevića 5, 16000 Leskovac Tel: +381 16 245104 info@interlemind.com www.interlemind.com PREDSTAVNIŠTVO INTERTRUST BELGRADE Kosovska 46, 34000 Kragujevac Tel: +381 11 318 80 90 intertrust_belgrade@ nadlanu.com JUGOKAOLIN D.O.O. Nebojša Ilinčić Bul. Mihajla Pupina 10 V/312 Tel: +381 11 311 65 78 m.mladenovic@jugokaolin.rs www.jugokaolin.rs MIN FAM A.D. Ivica Grozdanović Šumadijska 1, 18000 Niš Tel: +381 18 4241954 minfam@eunet.rs OFFICE 1 SUPER STORE Goran Nedeljković Milošev kladenac 14b, 11126 Belgrade Tel: +381 11 3460600 goran.nedeljkovic@office1.rs www.office1.rs PRISTA OIL A.D Nenad Vasović Bul. Zorana Đinđića 71

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Predraga Boškovića 1/9, 18300 Pirot Tel: + 381 10 311 190 s.lazarevic@medianis.net www.svdrilling.co.rs

Tel: + 381 62 965 34 68 huhuajun@gedi.com.cn HESTEEL GROUP TANG GANG COMPANY Bai Jingxue Tel: + 381 63 688 219 jbai@hesteelserbia.rs HUAWEI TECHNOLOGIES D.O.O BELGRADE CHINA Yin Mu Tel: + 381 62 806 02 61 BANK OF CHINA yinmu@huawei.com Marija Ćulafić NUCTECH Tel: + 381 60 60 705 00 COMPANY LIMITED marija.culafic@bankofchina.com Yang Chunmin BEIJING FOREVER Tel: + 381 63 879 99 18 TECHNOLOGY CO.,LTD jadusese@hotmail.com Yuan Qizhou SINOHYDRO Tel: + 86-13910160091 CORPORATION yuanqzh@gc.avic-intl.cn Yang Bo BELMAXCENTER BELGRADE Tel: + 381 62 976 20 28 Zhou Haiying sinohydroeurope@gmail.com Tel: + 381 63 280 888 SHANDONG HI-SPEED reagonzhou@hotmail.com GROUP CO., LTD. CHINA MACHINERY Jiang Nan ENGINEERING Tel: + 381 69 663 716 CORPORATION ewasrb@163.com Bian Meng STATE GRID ELECTRIC Tel: + 381 66 887 77 58 POWER RESEARCH bianmeng@mail.cmec.com INSTITUTE - NARI GROUP CHINA COMMUNICATIONS CORPORATION CONSTRUCTION COMPANY Qiu Peng LTD. CHINA ROAD AND Tel: + 381 62 821 06 52 BRIDGE CORPORATION qiupeng.nari@gmail.com Zou Zexi ZTE CORPORATION Tel: + 381 62 882 02 31 Luo Wenchao srb@crbc.com Tel: + 381 60 831 03 01 CHINA luo.wenchao@zte.com.cn DEVELOPMENT BANK YTO GROUP Zheng Wei CORPORATION Tel: + 381 62 880 27 71 Xu Li rogerzhengwei@cdb.cn Tel: + 381 63 771 65 18 rogerzhengwei@gmail.com 021xu@sina.com CANADA CHINA CIVIL ENGINEERING www.zte.com.

CONSTRUCTION ACTION MANAGEMENT CORPORATION CONSULTING D.O.O. Zhu Tianran Gordana Berger Tel: + 381 61 681 14 79 Cara Nikolaja Drugog 61 ccecc-serbia@ccecc.com.cn Tel: +381 11 715 6980 CROATIA office@amc.rs, www.amc.rs CHINA GEZHOUBA GROUP AVALA RESOURCES D.O.O. INTERNATIONAL ENGINEERING CO., LTD ABRAKADABRA Justin van der Toorn Chen Yuhan INTEGRISANE Studentski trg 4, Tel: + 381 62 142 50 80 KOMUNIKACIJED.O.O 11158 Belgrade chenyuhan@cggcintl.com Manuela Šola Tel: +381 11 337-4133 CHINA STATE Bul. Despota Stefana 64 a, www.avalaresources.com CONSTRUCTION CRH SRBIJA 11 000 Belgrade D.O.O. POPOVAC ENGINEERING CORP. LTD Tel: +381 11 2761 793 Suzana Vujičić , Finan. Dir. Jiang Liujing abrakadabra@ 35 254 Novi Popovac Tel: + 381 62 864 17 39 abrakadabra.co.rs Tel: +381 35 572 200 jiang_liujing@cscecos.com www.abrakadabra.co.rs aleksandar.milosevic@ CHINA INTERNATIONAL ADDE STUDIO D.O.O. rs.crh.com WATER & ELECTRIC Jelena Jevtić www.crhserbia.com CORPORATION Žorža Klemansoa 19 MAGNA SETING D.O.O. Tian Xuechen 11000 Belgrade Miro Vidošević Tel: + 381 62 816 05 57 Tel: +40 721 202 637 Milutina Milankovića bb tianxuechen@cwe.cn jjevtic@armstrong.com 25250 Odžaci CHINA NATIONAL ELECTRIC www.armstrong.rs Tel: +381 25 57 42 422 ENGINEERING CO., LTD ADP D.O.O., www.magna.com Ni Weihong MLADENOVAC REV- RENEWABLE Tel: + 381 69 147 23 28 Mladen Slovenec ENERGY VENTURES williamni66@gmail.com Kralja Petra I 334, Miljana Vidović CHINA SINOPHARM 11400 Mladenovac Bul. vojvode Putnika 36 INTERNATIONAL Tel: +381 11 823 09 68 11000 Belgrade CORPORATION ivan.ristic@adp.rs office@ Yuan Tongjun www.adp.rs reservoircapitalcorp.com Tel: + 381 65 536 12 83 ADRIATICA.NET PHARMASWISS yuantongjun@sinopharm.com D.O.O., BELGRADE D.O.O. – VALEANT CHINA NATIONAL Darko Vahčić Predrag Lukić AERO-TECHNOLOGY Kosovska 8/6, 11 000 Belgrade Batajnički drum 5a, INTERNATIONAL Tel: +381 11 322 08 78 11080 Zemun ENGINEERING darko.vahcic@adriatica.net Tel +381 11 309-3900, CORPORATION www.adriatica-net.sl.rs serbia.info@ Du Mingliang AGIT 2008 D.O.O. pharmaswiss.com Tel: + 381 62 145 12 61 Slaviša Lazić www.pharmaswiss.com dml@ieforever.com Nemanjina 4, SNC-LAVALIN CCCC TIANJIN 11000 Belgrade INTERNATIONAL INC DREDGING CO.,LTD Tel: +381 11 265 78 25 OGRANAK BELGRADE Chang Jinzhao office@agit.rs Walter Mutler Tel: + 381 69 556 87 32 AG TRANSRI Milentija Popovića 5A jzhchang@cccctdc.com LOGISTICS D.O.O. 11070 Novi Belgrade DONGFANG ELECTRIC Aleksandar Ličina Tel: +381 11 614 92 80 Liang Yongbin Kanalska bb www.snclavalin.com Tel: + 381 69 776 775 21000 Novi Sad SERBIAN ROLL SERVICE deczhangyj@126.com Tel: +381 21 633 17 08 COMPANY D.O.O. zhangyj1@dongfang.com aleksandar@agtransri.rs Boban Rajković GUANGDONG ELECTRIC www.agtransri.rs Železara Smederevo, POWER DESIGN ALARM AUTOMATIKA 11300 Radinac INSTITUTE CO. LTD (GEDI) D.O.O. - PREDSTAVNIŠTVO Tel: +381 26 931 OF CHINA ENERGY ENGIS&V DRILLING MINE U SRBIJI SERVICES D.O.O NEERING GROUP (CEEC) Vladimir Ćalić Stanimir Stiv Lazarević Hu Huajun Gostivarska 25, 11000 Belgrade 11070 Belgrade Tel: +381 11 4075 571 office@prista-oil.rs www.prista-oil.rs RUDNIK KOVIN A.D. U RESTRUKTUIRANJU Boba Radić Cara Lazara 85, 26200 Kovin Tel: +381 13 741173, rudmik@panet.rs rudnikkovin.com SRPSKA FABRIKA STAKLA A.D. Borislav Vuković Staklarska 1-3, 35250 Paraćin Tel: +381 35 572-622 borislav.vukovic@ serbian-glass.com www.serbian-glass.com SUMMIT TRADING D.O.O. Ivan Gavrailov Kisyov Ivana Milutinovića bb 18000 Niš Tel: +381 18 514 104 www.elite.bg TRADE EXPRESS D.O.O. Zorka Kirilova Kružni put 40i, Rakovica 11090 Belgrade Tel: + 381 11 237 09 88 www.tradeexpress.co.rs PREDSTAVNIŠTVO ZASTAVA BUGARSKA OOD Miodrag Zagorac, Repres.

Novogradska 24, 11080 Zemun Tel: +381 11 316 5247

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Tel: +381 11 397 69 39 aars@alarmautomatika.com www.alarmautomatika.com ALGORITAM MEDIA Branko Šoštarić Bul. Mihaila Pupina 10 Z/ IV, 11070 New Belgrade Tel: +381 11 214 27 83 info@algoritammedia.rs www.algoritammedia.rs AMBALAŽNI SERVIS D.O.O Zoran Kokanović Autoput br. 11, p.p.29 11000 Belgrade, Tel: +381 11 207 24 34 officebg@ ambalazniservis.com www.ambalazniservis.hr AMOROSO &DRLUIGI D.O.O., VRANJE Slobodan Savić Ul.Darvinova 66, 17 501 Vranje Tel: +381 17 715 0057 savic@splicanka.hr www.drluigi.hr AP SIGNALING D.O.O. Milovan Kesić Jelenka Mihailovića 18, 11060 Belgrade Tel: +381 11 277 05 42 ap_signaling@neobee.net apsignalling.com ARMAVENT D.O.O. Hranislav Stojković Borska 9c, 11080 Zemun Tel: +381 11 359 20 01 armavent@gmail.com ATLANTIC BRANDS D.O.O. Dragomir Kostić Kumodraška 249, 11000 Belgrade Tel: +381 11 395 60 00 grupa@atlanticgrupa.com www.atlantic.hr ATLAS AMBASADOR D.O.O. Olivera Velimirović Obilićev venac 26 11000 Belgrade Tel: +381 11 322 08 78 info@atlas-belgrade.com www.atlas-belgrade.com B4B Miroslav Gužvica Bul. Zorana Đinđića 73 11070 New Belgrade Tel: +381 11 212 04 50 office@b4b.rs, www.b4b.rs B.P. EUROGRUPA D.O.O. Boro Perković Petra Lekovića 59 11000 Belgrade Tel: +381 11 209 12 14 b.p.eurogrupa@gmail.com www.bioproduct.rs BADEL 1862 D.O.O Mirko Babić Bul. MihajlaPupina 121 11070 New Belgrade Tel: +381 213 78 32 officebg@badel1862.co.rs B.C.C SERVICES D.O.O. Ivan Špelić Kneza Milosa 82, 11000 Belgrade Tel: +381 11306 55 99 info@bccservices.com www.bccservices.com BELUPO D.D. Nevenka Urošević Mosorska 1, 11000 Belgrade Tel: +381 11 309 88 71 belupo@eunet.rs www.belupo.hr BEOINSTAL D.O.O. Dragoslav Joksimović Petra Martinovica 35, 11000 Belgrade Tel: +381 11 35410 59 beoinstal@gmail.com BEOPANON MEDICAL D.O.O. Snježana Strunjak Pere Velimirovica 1d, 11000 Belgrade Tel: +381 11 367 06 80 beopanonmedical@gmail.com www.beopanonmedical.rs BEOTOK D.O.O. Zoran Tancic Bavaništanski put 354 26000 Pančevo Tel: +381 13 333 806

office@beotok.co.rs www.beotok.co.rs BERNARDA D.O.O. Igor Potkonjak Dimitrija Tucovica 77 11000 Belgrade Tel: +381 11 645 63 00 bernarda@bernarda.rs www.bernarda.rs BETEL D.O.O. Boris Belamarić, Owner Alekse Šantića 1 16000 Šabac Tel: +385 1 236 00 60 freeport@freeport.hr www.freeport.hr PREDSTAVNIŠTVO BIOGNOST D.O.O. Ilija Dimitrijevic Marička 12, 11090 Belgrade www.biognost.hr BIOGNOST S D.O.O. Ilija Dimitrijević Blagoja Parovića 17/1 11030 Belgrade Tel: +381 11 357 24 11 biognost-s@biognost-s.rs info@biognost-s.rs BMM CONSULTING D.O.O. Mirko Đukić Kursulina 7, 11000 Belgrade Tel: +381 11 244 03 78 office@bmmconsulting.biz BOMMAN-KB EXPORT-IMPORT Milan Predojević Augusta Cesarca 5, 11000 Belgrade Tel: +381 11 369 11 23 office@bomman.rs bomman@sbb.rs www.bomman.rs BOLJI POSAO D.O.O. Saša Jurković Kralja Milana 25/7 11000 Belgrade www.oglasnik.hr BORPLASTIKAEKO D.O.O. Atila Borbaš Janka Čmelika 26/101, 21000 Novi Sad Tel: + 381 21 631 22 99 office@borplastikaeko.rs www.borplastikaeko.rs CENTAR ZA RECIKLAZU A.D. Branislav Pejović Tome Buse 14, 11250 Belgrade Tel: +381 11 258 05 86 www.entarzareciklazu.com CETINKA D.O.O. Saša Ćosić Žarka Zrenjanina 29, 26300 Vršac Tel: +381 13 830 709 cetinka@hemo.net CHROMOS SVETLOST D.O.O. Igor Jovanović dipl. ing.

Bul. vojvode Mišića 55 11000 Belgrade Tel: +381 11 369 00 21 info@chromos-svjetlost.hr www.chromos-svjetlost.hr CNT D.O.O. Zoran Mišić Bul. Mihajla Pupina 10i / V.P.2 11070 New Belgrade Tel: +381 11 214 53 20 info@cnt-doo.rs www.cnt-doo.rs COMMEL -PRIKLJUCNI KABLOVI D.O.O. Mirela Novak Vojvođanska 389v 11271 Surčin Tel: +381 11 71 21 492 info@commel.rs www.commel.rs CRIER MEDIA GRUPA D.O.O. Aleksandar Zelenović Mileševska 7/VII, 11 000 Belgrade Tel: +381 11 303 5 505 crier@crier.rs; www.crier.rs CROZ D.O.O., BELGRADE Miloš Kržić Bul. Zorana Đindjića 101/15, 11 070 Novi Belgrade Tel: +381 11 313 07 60 mkrzic@croz.net

www.croz.net D.B.T. OKOVI Bojan Milutinović Ugrinovacki Put 41, 11080 Belgrade Tel: +381 11 3754035 office@dbt-okovi.com www.dbt.hr/rs DATA-LINK D.O.O. BELGRADE Tomislav Urbić Admirala Vukovića 32, 11000 Belgrade Tel: +381 11 398 07 46 mirjana.matić@data-link.rs www.data-link.rs DIJAMANT A.D. Slavica Keselj Temišvarski drum 14, 23000 Zrenjanin Tel: +381 23 551 050, office@ dijamant.rs www.dijamant.rs DOMINOS BOOKS D.O.O., BELGRADE Saša Sekulić Despota Stefana 88 3, 11000 Belgrade Tel: +381 11 276 83 60 DRACOMERX Boban Uzunović Majora Zorana Radosavljevića 346 C, 11273 Batajnica Tel: +381 11 316 64 15 boban.uzunovic@ dracomerx.com www.dracomerx.com DRVO-TVIN D.O.O. Ivan Slamić Bul. Despota Stefana 108, 11000 Belgrade Tel: +381 11 329 20 49 drvo-tvin@beotel.rs DVOPER D.O.O. Nebojša Pokimica Dečanska 5/II, 11000 Belgrade Tel: +381 11 322 64 51 info@dvoper.rs www.dvoper.rs ECO-JET D.O.O. Nikolina Šimić Brigadira Ristića A 1L 2/2 23000 Zrenjanin Tel: +381 23 532 907 info@medianea.hr EGMONT D.O.O. Ivana Simić - Golubović Bul. Arsenija Čarnojevica 82/3, 11070 New Belgrade Tel: +381 11 313 26 56 ivana.simic.golubovic@ egmont.com www.egmont.rs ENERGON FACILITY MANAGEMENT D.O.O. Anderj Mandić Prizrenska 32, 11080 Belgrade Tel: +381 11 307 73 42 srbija@energon.com www.energon.com EURCO D.O.O. Branko Ilijin Zmaj Jovina 5, 22300 StaraPazova Tel: +381 22 310 697 eurco.sp@neobee.net www.eurco.hr EUROCABLE GROUP D.D. PREDSTAVNIŠTVO BELGRADE Stevan Kugli Nehruova 51 a ,blok 44, objekat Utz-4 /lokal 100 11070 Belgrade Tel: +381 11 317 70 96 s.kugli@eurocable-group.com www.eurocable-group.com EUROFOIL FABRIKA POLIESTER FOLIJA Željko Pešut, Representative Save Kovačevića bb, 19120 Bor Tel: +381 30 434 172 eurofoil@open.telekom.rs www.eurofoil.com EUROMAKINA D.O.O. Stevan Lastić Ivo Lole Ribara 65, 22 406 Irog Tel: +381 22461 845 sm.lastic@neobee.net euromakinairig@neobee.net EUROMODUL D.O.O. Milan Ćopić

Industrijska zona bb, 22330 Nova Pazova Tel: +381 22 328003 info@euromodul.rs www.euromodul.rs EUROPA PRESS D.O.O. Tanja Milanović Kneginje Zorke 96, 11000 Belgrade Tel: +381 11 204 11 04 gloria@epb.rs; www.gloria.rs EXOR ETI D.O.O. Matjaž Berce Beogradska 39/V, 11000 Belgrade Tel: +381 11 4077 165 info@exor-eti.rs www.exor-eti.rs FABRIKA HARTIJE A.D. Dejan Erić Prilazni put Ada Huji 9, 11000 Belgrade Tel: +381 11 3316501 info@fabrikahartije.rs www.fabrikahartije.rs FELNA D.O.O Tomislav Markelj Pariske Komune 106 , 23000 Zrenjanin Tel: +381 23 511 565 doo.felna@yahoo.com www.felna.co.rs FEROTEHNA D.O.O. Zelimir Vukmanović Prvomajska 66/I, 11080 Zemun Tel: +381 11 316 78 30 info@ferotehna.co.rs www.ferotehna.co.rs FIMA INVEST A.D. Milan Marinković Bul. Mihajla Pupina 10a II/4 11000 New Belgrade Tel: +381 11 414 16 03 milan.marinkovic@ fimainvest.com www.fimainvest.com FRIKOM A.D. Gojko Đosić,Dir. Zrenjaninski put b.b. , 11213 Belgrade Tel: +381 11 2074 100, office@frikom.rs www.frikom.rs FSH UNIP + D.O.O. Aksentije Stanićević Vladike Nikolaja 60, 14 000 Valjevo Tel: +381 14 227 161, aksentije.stanicevic@ vindija.hr www.vindija.hr GASOP D.O.O. Radoslav Radojičić Zaplanjska 84e, 11000 Belgrade Tel: +381 11 3974 686 gasop2003@yahoo.com r.radojicic@gasop.net www.gasop.net GEACHEM D.O.O. Darko Jovanović Ljutice Bogdana 1a, 11000 Belgrade Tel: +381 11 3067072 d.jovanovic@geachem.com www.geachem.rs GEALAN D.O.O. Igor Nikolić Majora Zorana Radosavljevića 374, 11273 Belgrade Tel: +381 11 3752903 igor.nikolic@gealan.de www.gealan.de GEMMA B&D - SRBIJA Davor Jurčić Omladinskih brigada 86 11070 New Belgrade Tel: +381 11 2285020 info@gemma.rs www.gemma.hr GENESIS D.O.O. Bernard Kezić Ratka Mitrovića 126, 11000 Belgrade Tel: +381 11 2310297 genesisBelgrade@open. telekom.rs GISDATA D.O.O. Boran Lončarić Beogradska 27/4, 11000 Belgrade Tel: +381 11 3241677 www.gisdata.co.rs

GRAD –EXPORT Jovanka Sitničić Reljkovićeva 1, 11000 Belgrade Tel: +381 11 3583374 grad-export@grad-export.rs www.grad-export.rs GROHE ADRIA D.O.O. Tin Ban Štefanovečka 10, 10000 Zagreb Tel: +385 1 29 29 191 martina.zivkovic@grohe.com www.grohe.com HIDRAULIKA KURELJA-PROLETER, D.O.O. Krstić Sreten Industrijska 1, 34000 Kragujevac Tel: +381 34 333171 Dir.@hkproleter.com www.hkproleter.com HSM INFORMATIKA D.O.O. Duško Mijatovic,Dir. Jovana Rajića 12, 11000 Belgrade Tel: +381 11 304 71 86 hsmsales@hsm.rs www.hsm.rs IDEA D.O.O. Aleksandar Seratlić Autoput za Zagreb 11/a, 11070 Belgrade Tel: +381 11 22 02 aleksandar.seratlic@idea.rs www.idea.rs IMO Mirko Vincetić Stevana Marinkovića 8, 11080 Zemun Tel: + 381 11 2106404 imo@eunet.rs IN TIME EXPRESS D.O.O. Emir Murić Novosadski autoput 53, 11080 Zemun Tel: +381 11 377 4215 transport@in-time.rs IN2 INFORMATIČKI INŽENJERING D.O.O. Ante Mandic, Board Pres.

Miroslav Savanović Vladimira Popovica 40, 11070 Belgrade Tel: +381 11 2123023, info@ in2.rs, www.in2.rs INA D.O.O. Saša Janković Omladinskih brigada 88, V sprat, 11070 Belgrade Tel: +381 11 20 96 980, office@inabgd.rs, www.ina.hr INFORMATIČKI SISTEMI D.O.O., BELGRADE Maja Marković Radnička 63/7/37, 11 000 Belgrade Tel: +381 11 319 6664 markovic.81@gmail.com maja.markovic@ informatika2000.hr ING EKSPERT D.O.O. Mirjana Rajlić Kneginje Zorke 9/III/11, 11000 Belgrade Tel: +381 11 2436393 ing.ekspert@sezampro.rs ing-ekspert@zg.htnet.hr www.ing-ekspert.com INKER D.D Branka Milić Slobodanke Danke Savić 6 11000 Belgrade Tel: +381 11 2414824 www.inker.hr INOS PAPIR SERVIS D.O.O. Dragan Pavićević Milorada Jovanovića 14 11000 Belgrade Tel: +381 11 6541 880 uprava@belisce.hr www.belišce.hr INTELIGENTE SERVICES & PRODUCTION Veljko Pokrajac Vojvode Milenka 52/3, 11000 Belgrade Tel: +381 11 3629241 v.pokrajac@yahoo.com

INTERCAPITAL SECURITIES A.D. Sonja Miranović Makenzijeva 23, 11000 Belgrade Tel: +381 11 3809 983, intercapital@intercapital.rs www.intercapital.rs INTERPLANEKO D.O.O. Branko Rajer,Dir. Trg Nikole Pašića 5/VII, 11000 Belgrade Tel: +381 11 3398739 info@interplan-eko.com www.interplan-eko.com INTIS D.O.O. Milan Marković Bul. Mihajla Pupina 165a 11070 Belgrade Tel: +381 11 311 31 48 info@intis.rs, intis.rs IREKS D.O.O. Jasmina Mladenović Svetozara Miletica 3, 26000 Pancevo Tel: +381 13 366669 ireks@ireks.co.rs www.ireks.co.rs ISP D.O.O. - BELGRADE Veljko Pokrajac Vojvode Milenka 52 lokal 3 11000 Belgrade Tel: +381 11 3629 240 veljko.pokrajac@demateh.hr www.demateh.hr ISS-BONAČIĆ &ĐURIĆ INTERNE SERVISNE SLUŽBE D.O.O. Zoran Đurić Jove Ilića 31, 11000 Belgrade Tel: + 381 11 206 55 93 office@issbg.rs www.issbg.rs ISTRA NOVA D.O.O. Edvard Galijot Beogradska br.10a, 21132 Petrovaradin, 21000 Novi Sad Tel: +381 21 431 050 istranova@open.telekom.rs www.istra-nova.com ISTRAGRAFIKA D.D., PREDSTAVNIŠTVO BELGRADE Marko Despot Milentija Popovića 5, 11 070 Belgrade Tel: +381 11 6149 113 marko.despot@ istragrafika.hr www.istragrafika.hr IVANIĆPLAST D.O.O. ŠID Vitomir Klasić TPC Sveti Sava 6/10, 22240 Šid Tel: +381 22 712 586 katranrs@katran.hr JADRAN CARAPE D.O.O. Kristina Vujić Aleksandra Tišme 17 21000 Novi Sad Tel: +385 1 2961 400 info@jadran-carapa.hr www.jadran-carapa.hr JADRAN-GALENSKI LABORATORIJ D.O.O. Zorica Lazic,Dir. Milosava Vlajića 110, 11450 Sopot Tel: +381 11 7854643 zorica.lazic@jgl.rs, www.jgl.hr JAMNICA D.O.O. Snežana Lauš Knežopoljksa 1, 11000 Belgrade Tel: +381 11 2608 office@jamnica.rs www.jamnica.rs JELEN DO A.D. Mićo Mojsić, Gen. Dir. 31215 Jelen Do, Srbija Tel: +381 31 590 599 jelen-do@nexe.rs JUGOTON - CROATIA RECORDS D.O.O. Želimir Babogredac Dr. Đorđa Jovanovića 7 21000 Novi Sad Tel: +381 21 545 552 info@crorec.hr, www.crorec.hr KAMENSKO D.O.O. Vujasinović Obrad

Palmira Toljatija 5/II, 11070 New Belgrade Tel: +381 11 2602-828, kamensko@eunet.rs www.kamensko.ls.rs KANAAN D.O.O. Zvonko Popović Braće Ribnikar 15/I/7, 21000 Novi Sad Tel: +381 21 6398012 zvonko.popovic@kanaan.hr www.kanaan.hr KARUPOVIĆ D.O.O. Marko Karupović Generala Mihaila Nedeljkovica 53, 11077 Belgrade Tel: + 381 11 2166765 karupovic@sbb.rs www.karupovic.rs KIKINDSKI MLIN A.D. Dušan Đukanović Svetozara Miletića 198, 23300 Kikinda Tel: +381 23 0 421 403, office@kikindskimlin.rs www.kikindskimlin.rs KIM-TEC D.O.O. Goran Kotlarević Slobodna zona Belgrade L12/4 Viline vode bb, 11000 Belgrade Tel: +381 11 2070 656, goran. kotlarevic@kimtec.rs www.kimtec.rs KING ICT D.O.O. Dinko Delaš Viline vode bb, 11000 Belgrade Tel: +381 11 3313556 king@king-ict.rs www.king-ict.rs KONCAR – ELEKTROINDUSTRIJA D.D. Vlado Orešković Bul. Mihajla Pupina 10z/424 11070 Novi Belgrade Tel: +381 113017321 koncar.office@koncar.rs www.koncar.hr KONSTRUKTOR -GRADNJA D.O.O. Srđan Ranđelović, Pres. UO Kosovska 17, 11000 Belgrade Tel: +381 11 3223 971 srdan.randelovic@ konstruktor-split.hr KORDUN GRUPA D.O.O. Ranko Josipović Blagoja Parovica 19, 11000 Belgrade Tel: + 381 11 3548315 kordungrupa@open.telekom.rs, www.kordun.rs KRAS COMMERCE D.O.O. Zivko Kapetanovic Palmira Toljatija 5, 11070 New Belgrade Tel: +381 11 228 27 32, office@kras.rs, www.kras.rs KTC D.O.O. Ivan Čulić Pacirski put 61, 24000 Subotica Tel: +381 24692 455, ktcsu@ ktc.rs, www.ktc.rs KTD D.O.O. Vladan Joksimović Dobropoljska 63/3, 11000 Belgrade Tel: +381 11 3699036 ktd@eunet.rs, www.ktd.rs KUMAL D.O.O. Saša Dizdar Španskih Boraca 22g/3/12 11070 Belgrade Tel: +381 11 313 1323 info@kumal-bg.rs www.kufner-grupa.com LACUNA D.O.O. Zoran Šainović Ružina 20, Kaluđerica 11000 Belgrade Tel: +381 11 220 1620 info@lacuna.rs, www.lacuna.rs LAGER MAŠINE D.O.O. Daniela Tošić Autoput Belgrade-Niš, 32-gi km, 11235 Mali Pozarevac Tel: +381 11 8256 430 office@lager.rs, www.lager-doo.com LANAC D.O.O. Velimir Maričić Novi šor 88,

22000 Sremska Mitrovica Tel: +381 22 615322 office@lanac.co.rs www.lanac.co.rs LESAFFRE RS KVASAC Miodrag Jelić Milutina Milankovća 11b 11070 Belgrade Tel: +381 11 655 6 550 miodrag.jelic@lesaffre.rs www.lesaffre.com LIMARIJA JEDINSTVO SEBASTIJAN A.D. Nada Sančanin, Exec. Dir. Zarka Zrenjanina 121, 21400 Bačka Palanka Tel: +381 21 60 45 063 info@sebastijan-lim.eu www.sebastijan-lim.eu LIVING BG INTERNATIONAL D.O.O. Denis Knežević Vojvođanska 389v, 11271 Surčin Tel: +381 11 312 9718 www.denis@living.hr LUKA RIJEKA PREDSTAVNIŠTVO BELGRADE Dragica Pikula Nemanjina4/105, 11000 Belgrade Tel: +381 11 2643 220, dragapikula@sezampro.rs LUKOVIC AGRI D.O.O. Aleksandar Luković Marsala Tita 180, 23000 Kula Tel: +381 25 725606 lukovicagri@yahoo.com www.lukovicagri.rs LUKVEL D.O.O. Željka Miočinović Bežanijskih Ilegalaca 68 11070 Belgrade Tel: +381 11 2285 922 zeljka@lukvel.rs www.lukvel.rs MAK TRADEGROUP Slavko Radmilović Podavalska 2B, 11231 Resnik Tel: +381 11 804 00 44 office@maktrade.rs www.maktrade.rs MARANI D.O.O. Mario Grbac Bul. Mihaila Pupina 10i, lokal br. VP19, 11070 Belgrade Tel: +381 11 3117 036 MATE D.O.O. Nikola M. Stajić Bul.Arsenija Čarnojevica 52 11070 Belgrade Tel: +381 11 2606414 office@mate-bg.com www.mate-bg.com MEDI PLUS D.O.O. Zlatko Tenšak Rumenački put 55, 21000 Novi Sad Tel: +381 21 6741144 mediplusns@eunet.rs MEDIA CLIPPING D.O.O. Mirko Đukić Deligradska 27/III/ 310 11000 Belgrade METALAC-PNT SRB D.O.O. ŠID Stjepan Ferketin Svetog Save 2-6, 22240 Šid Tel: +381 22 711 393 info@metalac-pnt.rs www.metalac-pnt.hr METAL-CENTAR D.O.O. Miomir Urbanovic Cara Dušana bb, 22313 Vojka Tel: +381 22 301019 info@metal-centar.rs www.metal-centar.rs METALSKA INDUSTRIJA VARAŽDIN Zoran Đukić Patrijarha Dimitrija 24, 11000 Belgrade Tel: + 381 11 3562 121, mivtrade@miv.rs www.miv.hr MILENIJUM OSIGURANJE A.D. Aleksandar Marić Bul. Mihaila Pupina 10l, 11070 Belgrade Tel: +381 117152300

mios@milenijum-osiguranje.rs www.milenijum-osiguranje.rs MILLENIUM PROMOCIJA D.O.O. Vladimir Zobec Zrmanjska 1 A/13, 11000 Belgrade Tel: +381 11 412 55 89 info@mpr.co.rs www.mpr.hr MIN DIV SVRLJIG, A.D. Ivan Puletić Dušana Trivunca 31, 18360 Svrljig Tel: +381 18 822345 mindivsvrljig@div.org.rs www.div.com.hr MIRNOVEC PIROTEHNIKA D.O.O. Danilo Ljevnaic, Trg Nikole Pašića bb, 22 000 Sremska Mitrovica Tel: +381 22 618 668 info@mirnovec.rs MOBIS-ELECTRONIC SERVISNI CENTAR D.O.O. Dragan Labus, Diretor Bul. Mihajla Pupina 117 11070 Belgrade Tel: +381 11 31 33 314 servisnicentar@mesc.rs www.mesc.rs MOBITEL PLUS D.O.O. Maja Jelisić Cooper Karpoševa 89 a 11030 Belgrade Tel: +38111 3573 540 MORAVA MERMER, BELGRADE Ljubiša Mihailović Gospodara Vuciča 225, 11 000 Belgrade Tel: +381 11 2412 079 moravamermer@eunet.rs www.kamen-pazin.hr MPG PLUS D.O.O. Draško Roganović Dobrovoljacka 10, 11070 Belgrade Tel: +381 11 2619799 officebox@mpg.co.rs www.mpg.co.rs MPR MONTAŽA D.O.O. Fadil Elezi Golubinački Put bb 22300 Stara Pazova Tel: +381 22 310 237, 517 mpr.montaza@gmail.com www.m-profil.rs M-PROINTEX D.O.O. Ivan Ristić Kralja Petra I 334 11400 Mladenovac Tel: +381 118230 968 mprointex@gmail.com www.m-prointex.com MSC YACHTING CLUB BELGRADE/MARITIME TRAINING CENTER Predrag Nedeljković Nušićeva 6/1, 11000 Belgrade Tel: +381 11 3244 459 office@msc.rs, www.msc.rs MULTIPHARM D.O.O. MULTIPHARM PLUS D.O.O. Bisera Paripović Blagojević Južni Bul. 126/27, 11 000 Belgrade Tel: +381 11 786 2950 info@multipharm.rs www.multipharm.rs NEXE BETON D.O.O. NOVI SAD Dragan Stojiljković Put Šajkaškog odreda 7 V 21000 Novi Sad dragan.stojiljkovic@nexe.rs Tel: +381 21 820 280 nexe-beton@nexe.rs www.nexe.rs NEXE GRADNJA D.O.O. Gojko Todorić Sonje Marinković 1B 21203 Veternik Tel: +381 21 820 270 gojko.todoric@nexe.rs stanislava.marcekic@nexe.rs NORWELL GROUP D.O.O. Marlena Miković Nade Dimić 31 24 000 Subotica Tel: +381 24 557 570

NEXE GRADNJA D.O.O. VETRNIK Sonje Marinković 1B 21203 Veternik Tel: +381 21 820 280 nexe@nexe.rs www.nexe.rs NOVA ŠKOLSKA KNJIGA D.O.O. Nataša Mijačika Bul.Vojvode Misica 17/III, 11000 Belgrade Tel: +381 11 3691259 mmb_nsk@yahoo.com NOVATEC AUTOMATIZACIJA D.O.O. Dino Buršić Nosilaca Albanske Spomenice, TC Nadvožnjak I lok1 b 26000 Smederevo Tel: +381 26 3328743 OFFSET S D.O.O. BELGRADE Predrag Vrzić, Đordja Stanojevića 12, 11070 Belgrade Tel: +381 60 347 0580 vrza@offset.hr vrza@cugura.rs OKTAL PHARMA D.O.O. Petar Đurić Dušana Dude Timotijevića 9, 11050 Belgrade Tel: +381 11 3467 100, office@oktal-pharma.rs www.oktal-pharma.rs OSIJEK-KOTEKS D.D. OSIJEK, OGRANAK NOVI SAD Zoran Škorić, Board Pres.

Simeona Piščevića 19 21000 Novi Sad Tel: +385 31 22 77 00 zoran.skoric@osijek-koteks.hr www.osijek-koteks.hr PALFINGER D.O.O. Andrej Rustja Utve Zlatokrile 9, 26101 Pančevo Tel: +381 13 351790 office@palfinger-srbija.rs www.palfinger-srbija.rs PET CENTAR D.O.O. Igor Novak Bul. Milutina Milankovića 1v 11070 Belgrade Tel: +381 11 212 33 10 silvana.raic@pet-centar.rs www.pet-centar.rs PETROKEMIJA D.O.O. Zoran Matić Ilije Ognjanovica 28, 21000 Novi Sad Tel: +381 21 424 472 zoran.matic@petrokemija.rs prodaja@petrokemija.rs www.petrokemija.rs PHARMAS D.O.O., BELGRADE Anđelina Arsić Viline vode bb, 11000 Belgrade Tel: +381 11276 0055 www.pharmas.hr PIP-APILAND D.O.O., SIRIG Danilo Tasovac Milana Reljina 46, 21214 Sirig Tel: +381 21 849 273 www.pipapiland.ls.rs PODRAVKA D.O.O. Goran Pezelj Tošin Bunar 272A/5B 11070 Novi Belgrade Tel: +381 11 2184656 office@podravka.rs www.podravka.hr POLET A.D., NOVI BEČEJ Momčilo Radojčin Železnička 13 23272 Novi Bečej Tel: +381 23 771 054, momčilo.radojcin@nexe.rs www.nexe.rs POLET-KERAMIKA D.O.O. Zoran Đelošević Železnička 13, 23272 Novi Bečej Tel: +381 23 773 231 zoran.djelosevic@nexe.rs

www.nexe.rs POPULAR BRUKETA & ŽINIĆ OM D.O.O. Davor Bruketa Stojana Novakovića 3, 11000 Belgrade Tel: +381 11 329 3333 office@popular.rs www.popular.rs PREDSTAVNIŠTVO TRANSAGENT D.O.O. RIJEKA Nemanja Živanović Knićaninova 3 11000 Belgrade Tel: +381 11 347 46 08 nemanja.zivanovic@ transagent.rs office@transagent.rs PRIDE SPORT D.O.O. Želimir Sekarić Bul. Oslobođenja 235, 11000 Belgrade Tel: +381 11 3099 877 info@pride.rs www.pride.rs PRIMOTRONIC D.O.O. Ivana Tasić Preradovićeva 5 a, 21132 Petrovaradin, Tel: +381 21 475 8 555 info@primotronic.co.rs www.primotronic.co.rs PRINCIPAL D.O.O. EXPORT-IMPORT Radivoj Cvjetković Baba Višnjina 19 11000 Belgrade Tel: +381 11 3081 007, PROTECH INTEGRA D.O.O. Nebojša Kiurski Branimira Cosica 13/I 21000 Novi Sad Tel: + 381 21 427 027 kontakt@protech.rs www.protech-integra.rs RADIJATOR A.D. Nedeljko Grubesa Belgradeska bb, 23 000 Zrenjanin Tel: +381 23 544 025, office@ radijatorzr.com www.teleoptik.co.rs RALU D.O.O. BELGRADE Vladimir Milosavljević Ugrinovački put bb 11277 Ugrinovci Tel: +381 11 3714 737 sales@ralu.rs www.ralulogistics.com RASCO-TAMP FABRIKA KOMUNALNE OPREME I ARMATURA D.O.O. Geza Čajko Eugena Savojskog 6 24400 Senta Tel: +381 24 415 5472 info@rasco-tamp.rs www.tamp.rs RASCO SR D.O.O. Dragan Simonić Ustanička 128-b/II BPC Košum/1/ 12,11000 Belgrade Tel: +381 11 3473 734 simonicdragan@rasco.rs www.rasco.hr RIBARSTVO OSIJEK D.O.O. KOCELJEVA DraganTodić Nemanjina 95, 15220 Koceljeva Valjevo Tel: + 381 15 556 420 dragan.todic@os.t-com.hr RIJEČKI SAJAM Dragoslav Maričić Mike Alasa 3, stan 32, 11000 Belgrade Tel: +381 11 2181980 www.rijecki-sajam.hr ROTOGRAFIKA D.O.O. Ljubisa Vuletić Segedinski put 72, 24000 Subotica Tel: +381 24 636 611 office@rotografika.rs www.rotografika.rs SAJEMA Milan Popović Vuka Karadžića 2, 26207 Idvor Tel: +385 1 3731 748

2017

sajema@sajema.hr www.sajema.hr SALON BANKARSKE OPREME D.O.O. Vladimir Skenderija Nikole Doksata 57 11000 Belgrade Tel: +381 11 2990 823 office@sbo.rs, www.sbo.rs SAPONIA COMMERCE D.O.O. Zoran Miladinović Viktora Novaka 4 11070 Belgrade Tel: +381 11 344 23 54 dib.dc@beotel.net www.saponia.hr SIVIĆ & SIVIĆ D.O.O. Jasmina Matijević Braće Radića 37 A, 24000 Subotica Tel: +381 24 34 028 sivic@tippnet.rs www.sivic-sivic.ls.rs SOMBOR-GAS D.O.O. Darko Pavlović,Dir. Trg Svetog Trojstva 1, 25000 Sombor Tel: +381 25 430851 Dir.@sombor-gas.rs www.sombor-gas.rs SPECTATOR AVANT D.O.O., BELGRADE Srdjan Lakić Milentija Popovića 5, 11070 Belgrade Tel: +381 11 3139616 avis@avis.rs, www.avis.rs SPM STAMENKOVIC, NIŠ Petar Stamenković Cvijićeva 16, 18000 Niš Tel: + 381 18 258 426, spmnis@medianis.net STF - COMMERCE D.O.O. NOVI SAD Zvezdana Milanović Narodnog fronta 53 21000 Novi Sad Tel: +381 21 446 203 stfns@open.telekom.rs stfns@ptt.rs STIL TRGOVINA D.O.O. ZAGREB, PREDSTAVNIŠTVO NOVI SAD Davor Bagić Cara Dušana 60, 21000 Novi Sad Tel: + 385 1 370 5653 STRAZAPLASTIKA D.O.O Tibor Horvat Ulicamira 33, 24000 Subotica Tel: +381 24 596 151 tibor.horvat@ strazaplastika.rs www.strazaplastika.rs STRAŽILOVO A.D. SREMSKI KARLOVCI Šandor Kiš Krivac 35, 21205 Sremski Karlovci Tel: +381 21 881 strazilovo@nexe.rs SUPER STOP PLUS D.O.O. Ivan Škopljanac Sekurić bb, 35263 BELUŠIĆ Tel: + 381 35 713 200 ultimo100@yahoo.com SYSTEC ENG D.O.O. Vladimir Peršić Đure Jakšića 1, TC-lokal 22 11300 Smederevo Tel: + 381 11 343 5 181 www.systec-automation.com T.K.T. / SISCIA D.O.O., NOVI SAD Stanković Tamara Belgradeski kej 41, 21000 Novi Sad Tel: +381 21 6611 987 tktsiscia@hotmail.com TDR D.O.O. BELGRADE Dino Komar Milentija Popovića 5a, 11000 Belgrade Tel: +38111 6149 113 rovita-bg@tdr.hr www.tdr.hr TEHNIX BEO D.O.O. Dušan Grkinić Kumodraška 265, 11000 Belgrade Tel: +381 11 3978775 Belgrade@tehnix.com www.tehnixbeo.com

TEHNOMEHANIKA, BELGRADE Dragan Obradović Omladinskih brigada 52/24 11000 Belgrade Tel: + 381 11 3017-960 TEKSTIL PROMET D.O.O. Refika Mešić Bul. Mihajla Pupina 10d 11070 Belgrade Tel: +381 11 3114 162 www.galeb.hr TELEOPTIK-GASNA OPREMA D.O.O. Lela Lakić Tršćanska 21, 11080 Zemun Tel: +381 11 3160775 teleoptik.gasna@open. telekom.rs www.teleoptik.co.rs TERRA DIVINA D.O.O. Dejan Malbaša Pere Cetkovića 11e, 11000 Belgrade Tel: +381 11 2992266 info@terra-divina.com www.terra-divina.com TEVA SERBIA D.O.O. Mr ph. Lidija Marušić Rako Makenzijeva 24, 11000 Belgrade Tel: +381 11 24 00 491, lidija.marusic-rako@teva.rs www.teva.rs TEXTUS D.O.O. Milenko Rubež Surčinska 54 k, 11040 New Belgrade mi.rus46@gmail.com TIM KABEL D.O.O. Branislav Simić Ugrinovački put 88d, 11000 Belgrade Tel: +381 11 3774887 branislav.simic@ tim-kabel.co.rs www.tim-kabel.hr TISAK D.O.O. Josip Škoro Jurija Gagarina 32a/I 11070 Belgrade Tel: +385 1 3646 014 info@mediterantrgovina.hr www.mediterantrgovina.hr TJ MAXIM D.O.O. Gorica Maksimović Auto put za Zagreb br.22b, 11000 Belgrade Tel: +381 11 3149786 office@tjmaxim.com www.tjmaxim.com TOMA TOTALD.O.O., SOMBOR Tomislav Bošnjak Venac Radomira Putnika 52, 25000 Sombor Tel: +381 25 433 570 tomasb@eunet.rs TOMACO LINE D.O.O. Marina Mišovski Tekstilna 97 16000 Leskovac Tel: +381 16 241 929 marinatomaco2008@ gmail.com www.tomacoline.co.rs TRGOVINE BOSO D.O.O. ŠID Bosiljko Stanić Jugoslovenske Armije 42, 21400 BačkaPalanka Tel: +381 21 604 39 43 boso@boso.hr www.trgovine-boso.ls.rs TVIK-DIV D.O.O. VALJEVO Slobodan Rusić Vladike Nikolaja Velimirovića 58, 14000 Valjevo Tel: +381 14 293 740 tvik-div@divgroup.eu www.divgroup.eu UNITAS D.O.O. Milan Tanasić Batajnički put 3, 11080 Zemun Tel: +381 11 307-65-84 tanasic.milan@gmail.com UNIVERZAL D.O.O. Dejan Kekić Bul. Vojvode Stepe 60, 21000 Novi Sad Tel: +381 +381 21 dejan.kekic@uni.rs

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www.uni.co.rs UNIVERZAL -BEOING D.O.O. Slađana Mijatović, Owner Kralja Petra Prvog 334 v 11400 Mladenovac univerzalbeoing.bg@ gmail.com VARTEKS PLUS D.O.O. Jasmina Žerađanin Gospodska 3,11080 Zemun Tel: + 381 11 617 073 VARTEKS@drenik.net VATROSPREM A.D. Aleksandra Jovanović Ustanička 67, 11000 Belgrade Tel: +381 11 243 14 16, aleksandra.jovanovic@ vatrosprem.rs www.vatrosprem.com VELAS D.O.O. Mladen Črnjak Bul. Mihajla Pupina 10i/65 11070 Novi Belgrade Tel: +381 11 3076 056 velas@velas.rs VIBROBETON D.O.O. Milena Stefanović Bul.Arsenija Čarnojevića 80/ IV/11 , 11070 New Belgrade Tel: +381 11 3473166 milena.stefanovic@ inter-kop.com www.vibrobeton.net VINDIJA D.O.O. Željko Lazić Belgradeski put 37 14224 Lajkovac Tel: +381 14 3433 186 opp-lajkovac@vindija.hr www.vindija.hr ZIGANTE TARTUFI D.O.O. Velibor Tepić Tomislava Matasića 15a 21131 Petrovaradin Tel: +381 21 643 91 12 zigante@eunet.rs www.zigantetartufi.com ZOO HOBBY INT D.O.O. BELGRADE Sandra Antonija Brekalo Omladinskih Brigada 102 11 070 Belgrade Tel: +381 11 2227717 info-bg@zoo-hobby.eu www.zoo-hobby.rs cn

CZECHREPUBLIC AGENCIJA ZA INŽENJERING SISTEMA MENADŽMENTA CERT-PLUS INĐIJA Branko Vojinović Karađorđeva 36-a/3/28 22320 Inđija Tel: +381 22 560 749 office@cert-plus.com www.cert-plus.com AGRICO Zuzana Maleš Pere Popadića 5, 21000 Novi Sad Tel./Fax: +381 21 478 01 40 agrico@neobee.net www.agrico.cz AUTOČAČAK Slobodan Spasović Milutina Milankovića 9b, 11070 New Belgrade Tel: +381 11 307 28 20 slobo.spasovic@ autocacak.co.rs www.autocacak.co.rs AŽD SAOBRAĆAJNI SISTEMI D.O.O. Rene Šigut Bul. kralja Aleksandra 24, 11000 Belgrade Tel/Fax: +381 11 323 80 24 www.azd.cz BANEX D.O.O. Rastko Žegarac Vikend naselje 34 22305 Stari Banovci Tel: +381 22 349 888 banex@banex.rs www.banex.rs

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KENZAI GROUP D.O.O. Patrick Geeraert Žorža Klemansoa 19 11000 Belgrade Tel: +381 11 785 28 28 contractworld@kenzaigroup.com www.contractworld.rs KOTLOINVEST D.O.O. Aleksandar Đorđević Osmana Djikića 32 11000 Belgrade Tel: +381 11 2711096 LUNDBECK EXPORT A/S PREDSTAVNIŠTVO BELGRADE Valerija Bali Babli, zastupnik Milentija Popovića 5a /II 11070 Belgrade Tel: +381 11 21 29 371 www.lundbeck.com MILUROVIĆ-KOMERC EXPORT-IMPORT Dušan Milurović Beogradska 32 11277 Ugrinovci Tel: +381 11 8409528 office@milurovickomerc.com www.milurovickomerc.com MUSCULUS Srđan Matejić Vojvode stepe 346 11000 Belgrade Tel: +381 11 3098234 vesna@musculus.rs NOVO NORDISK PHARMA D.O.O Predrag Radošević Milutina Milankovica 9b 11070 Belgrade Tel: +381 11 2222700 srbija@novonordisk.com www.novonordisk.rs OBIECTUM D.O.O. Irina Mesinga Resavska 32 11000 Belgrade Tel: +381 11 303 8704 OPTICUS D.O.O. Branislav Grujić Knez Mihailova 6/IV 11000 Belgrade Tel: +381 11 2182970 www.widex.com SPECIJALNA BOLNICA ZA OFTALMOLOGIJU "OCULUS" Bul. Mihaila Pupina 10v YUBC , I sprat 11070 Belgrade Tel: +381 11 311 91 76 www.opticus-oculus.com PTM D.O.O. Milorad Šakan Stojana Novakovića 17 15 000 Šabac Tel: +381 15 350909 DENMARK office@ptm.rs ROOM INTERIOR DESIGN APOLLO PROING CONSULTING D.O.O. Mira Čubrilo Vojislav Ješić Gospodara Vučića 77 General Ždanova 80 11000 Belgrade 11000 Belgrade Tel: +381 11 645 52 62 Tel: +381 11 641244 office@apolloproing.rs vojislav.jesic@room.rs ks@apolloproing.rs STARAGENT PLUS www.apolloproing.rs Zoran Netković BANG & OLUFSEN Makenzijeva 25 BELGRADE 11000 Belgrade Svetozara Markovića 8 Tel: +381 11 241 86 00 11000 Belgrade info@staragp.com Tel: +381 11 3036 424 www.staragp.com ss.belgrade@beostores.com STEFANOVIĆ D.O.O. www.bang-olufsen.com Miodrag Stefanović BRANDLAGER D.O.O. Makedonska 34 Milan Kosanović 11000 Belgrade -Konjiković, Owner Tel: +381 11 3225 333 Resavska 32 office@stefanovic1886.com 11000 Belgrade www.pilgrim.dk Tel: +381 11 303 8704 SPORTINA D. O. O. BRUNATA D.O.O. Ksenija Bunjac Jasmina Mimica Omladinskih brigada 102 Bul. Z. Đinđica 12ž/3 11070 Novi Belgrade 11070 Novi Belgrade Tel: +381 11 222 7707 Tel: +381 11 212 2956 ksenija.bunjac@sportina.rs www.brunata.com www.sportina.rs www.brunata.dk www.veromoda.com CARLSBERG SWISS-TRADE D.O.O. SERBIA D.O.O. Slobodan Petrović Andrej Beslać Kneza Mihaila 231 Proleterska 17 34000 Kragujevac 21413 Celarevo Tel: +381 34 30 50 40, Tel: +381 21 7550600 office@swisstrade-online.com www.hemodom.co.rs www.swisstrade-online.com DEKONTA D.O.O. Aleksandar Ložajić Stojana Aralice 141, 11070 New Belgrade Tel.: +381 11 301 77 41 info@dekonta.rs www.dekonta.rs ELGRA VISION D.O.O. Miroslav Knežević Gandijeva 130 A/9, 11070 New Belgrade Tel: +381 11 228 24 41 elgravision@gmail.com www.elgra.rs FANS, A.S., HLINSKO Jugoslav-Filip Filipović Matice Srpske 28, 11000 Belgrade Tel/Fax: +381 11 342 20 52 jffilipovic@fans.cz www.fansct.com KOMO YU D.O.O. Slobodan Marković Dalmatinska 44, 11000 Belgrade Tel: +381 11 334 75 42 office@komo-yu.com www.komo-yu.com QUARTA D.O.O. Radmila Nikšić Uzun Mirkova 8, 11000 Belgrade Tel: +381 11 303 66 81 quarta@sbb.rs SEBRE D.O.O. Milorada Jovanovića 9, 11000 Belgrade Tel: +381 11 441 29 00 office@sebre.rs SVECOM D.O.O. Ratko Radosavljević Ustanička 128a/III, 11050 Belgrade Tel: +381 11 347 42 09 office@svecom.rs www.svecom.rs VHS-MORAVIA D.O.O. Vlastimil Janoš Suvoborska bb, 14000 Valjevo Tel: +381 64 976 23 54 vlastimil.janos@vhs-brno.eu www.vhs-moravia.co.rs YUBOREX D.O.O. Borislav Šošo Nedeljka Ercegovca 29c, 11080 Zemun Tel./Fax: +381 11 316 59 89 yuborex @sbb.rs www.yuborex.co.rs

INTERNATIONAL BUSINESS SECTOR IN SERBIA

2017

TACON GROUP Dejan Milosavljević Izvorski put bb, Boljevac Timočka 4, 11000 Belgrade Tel: +381 11 34 42 814, tacon@beotel.rs TERMONET D.O.O. Branko Crnčević Gospodar Jovanova 27 11000 Belgrade Tel: +381 11 2187663 termonet@eunet.rs www.termonet.rs TMB DIAMOND Mirjana Kebic Nikole Tesle 2, 26000 Pančevo Tel: +381 13 34 42 33 office@tmbdiamond.com www.tmbdiamond.com TIPO KOTLOGRADNJA Aleksandar Bjelić Osmana Djikića 32 11000 Belgrade Tel: +381 11 2711096 aleksandra.bijelic357@ gmail.com www.tipokotlogradnja.co.rs TOMEX CATERING D.O.O. – SERBIA Bo Koch Ugrinovački put bb 11277 Ugrinovci Tel: +381 11 37 14 715 catering@tomex.com www.tomex.com TRIPLAN D.O.O. lvan Miltenović Bul. Arsenija Čarnojevića 99A 11070 Belgrade Tel: +381 11 31 33 328 Serbia@triplan.net www.triplan.net VELUX SRBIJA D.O.O. Mick Schou Rasmussen dr Ive Popovica Đanija 3 11 040 Belgrade, Tel: + 381 11 20 57 500 office-srbija@velux.com www.velux.rs

kontakt@beosport.com www.beosport.com BIBIS D.O.O (HELO OY, CARITTI OY) Bul. M. Pupina 10 V-II lokal br. 18 11080 Belgrade Tel: +381 11 31 32 727 info@bibis.rs www.bibis.rs BROWN FORMAN SERBIA S1 (FINLANDIA) Bul. Dr. Zorana Đinđića 64a 11070 Belgrade Tel: +381 11 220 93 71 zoran_stojanovic@b-f.com www.brown-forman.com CLIVERE D.O.O. (LIFA AIR) Aleksandra Popovića 4 11080 Belgrade Tel: +381 11 375 68 01 info@clivere.com www.clivere.com www.lifa.net COMPACT MONITORING SYSTEMS (VAISALA OYJ) Milana Rakića 35 11000 Belgrade Tel: +381 11 383 70 98 office@compact-ms.rs www.compact-ms.rs CPS D.O.O. (JUJO THERMAL OY) 27. Marta 39/II 11000 Belgrade Tel: +381 11 334 33 34 cps@scpbeograd.co.rs www.cps.co.rs ECO CONSULT REPRESENTATIVE OFFICE (KPA UNICON OY) Vladimira Popovića 38-40 11070 Belgrade Tel: +381 11 715 69 06 info@ecoconsult.hr www.ecoconsult.hr EHOM D.O.O. (MIRKA OY) Severni Bulevar 6 11000 Belgrade Tel: +381 11 729 20 55 office@ehom.co.rs www.ehom.co.rs ELOMATIC D.O.O. Jurija Gagarina 28a/24 11000 Belgrade FINLAND Tel: +381 11 228 06 45 ivan.maksic@elomatic.com ABB D.O.O. www.elomatic.com Bulevar Peka Dapčevića 13 11010 Belgrade EUROCONS GROUP D.O.O. Tel: +381 11 309 43 00 (STERIS – FINN AQUA) RS-office@abb.com Sterijina 19, 26300 Vršac www.new.abb.com/rs Tel: +381 13 801 460 info@eurocons.rs AGROMARKET www.eurocons.rs D.O.O. (FISKARS) Kraljevackog bataljona 235/2 FABBRICA D.O.O. 34000 Kragujevac (MIRKA OY) Tel: +381 34 308 000 Bosanska 65, 11080 Zemun marketing@agromarket.rs Tel: +381 11 316 99 77 www.agromarket.rs office@fabbrica.co.rs www.fabbrica.co.rs AQUAPLAN D.O.O. (SAWO OY) FIN IMPORT D.O.O. (KEMPPI) Branka Ćopića 1 23000 Zrenjanin Dobropoljska 33, Tel: +381 23 515 442 11000 Belgrade prodavnica@aquaplan.rs Tel: +381 11 365 72 04 www.aquaplan.rs info@finimport.rs www.finimport.rs ALEGRINA NS D.O.O. (MOLOK) FIN PAPIR D.O.O (SAPPI) Mihajla Pupina 22 Majke Jevrosime 12/I, 21000 Novi Sad 11000 Belgrade Tel: +381 21 456 280 Tel: +381 11 303 40 49 www.molok.com velibor@finskipapir.com ALPHA IMAGING D.O.O. FINNPNEUMATIC OY LTD (PLANMED OY) Katajanokanlaituri 5/II 00601 Helsinki Tošin bunar 6 Tel: +358 500 501 345 11080 Zemun finnpneumatic@ Tel: +381 11 316 66 12 aimaging@ kolumbus.fi alphaimaging.rs www.finnpneumatic.fi www.alphaimaging.rs VIP MOBILE D.O.O. ANALYSIS D.O.O. (THERMO (F-SECURE) FISHER SCIENTIFIC OY) Omladinskih Brigada 21 11070 Belgrade Gandijeva, 76a, loc. 49-58 Tel: +381 62 242 020 11070 Belgrade info@f-secure.rs Tel: +381 11 318 64 46 www.f-secure.rs info@analysis.rs www.analysis.rs GASOP D.O.O. BEO-SPORT SYSTEM D.O.O. (BRONTO SKYLIFT OY) (SUUNTO OY) Zaplanjska 84e 11000 Belgrade Viline Vode 47, Tel:+381 11 246 32 74 11000 Belgrade gasop2003@yahoo.com Tel: +381 11 208 81 32

www.gasop.net HM KAPITAL D.O.O (AVANT) Partizanka 75 21201 Rumenka Tel: +381 21 646 22 83 kontakt@hm-kapital.rs www.hm-kapital.rs INFOSTUD 3 D.O.O. (ALMA MEDIA) Vladimira Nazora 7 24000 Subotica Tel: +381 24 415 56 15 info@infostud.com www.infostud.com INFRAKIT (REPRESENTATIVE OFFICE) Deligradska 25 11000 Belgrade Tel: +381 64 241 81 68 info@infrakit.com www.infrakit.com INTER-AGRAR SRB D.O.O. (VALTRA) Medđunarodni put 165 21233 Čenej Tel: +381 21 714 366 info@inter-agrar.com www.interexport.si KKM POWER D.O.O. Put za Koloniju 97 11234 Belgrade Tel: +381 62 792 353 bg@kkmpower.com www.kkmpower.com KONE Batajnički drum 299 11000 Belgrade Tel: +381 11 359 12 30 ksb.info@kone.com www.kone.rs KRISTAL D.O.O. (MARTTIINI KNIVES) Karađorđeva 18 14000 Valjevo Tel: +381 14 243 975 kristaldoo@open.telekom.rs www.kristalvaljevo.rs LABTEH D.O.O. (THERMO FISHER SCIENTIFIC OY) Milutina Milankovića 7b/2 11070 Belgrade Tel: +381 11 216 18 25 office@labteh.co.rs www.labteh.co.rs LINDSTROM D.O.O. Ratarski put 8a 11080 Zemun Tel. +381 11 377 05 65 korisnickiservis@ lindstromgroup.com www.lindstromgroup.com MASFERG AGRO MEHANIZACIJA D.O.O. (SAMPO ROSENLEW) Bul. Slobodana Jovanovića 4 21000 Novi Sad Tel: +381 21 400 525 office@mfagro.co.rs www.mfagro.co.rs MEDALEX D.O.O. (MERIVAARA) Prvomajska 8n 11080 Belgrade Tel: +381 11 316 07 24 sasa.micanovic@medalex.rs www.medalex.rs MEDICO PHARM SERVIS (FYSIOLINE OY PHARMA) Kružni put 36 11309 Belgrade Tel: +381 11 304 16 00 office@medicopharm.com www.medicopharm.com METSO (REPRESENTATIVE OFFICE) Bul. Zorana Đinđića 101 11070 Belgrade Tel: +381 11 313 07 71 darko.susic@metso.com www.metso.com MIN COMPANY D.O.O (OUTOTEC) Gospodar Jevremova 12 11000 Belgrade Tel: +381 11 218 57 70 mincompany@sbb.rs www.outotec.com NOKIA SOLUTIONS AND NETWORKS SERBIA D.O.O. Đorđa Stanojevića 14 11070 Belgrade Tel: +381 11 307 01 23

www.networks.nokia.com OPTIMAL ENERGY SOLUTIONS (VEXVE OY) Jovana Marinovića 3/4 11000 Belgrade Tel: +381 11 266 16 12 sales@oes-eu.com www.oes-eu.com PKC WIRING SYSTEMS D.O.O. Salinačka bb 11300 Smederevo Tel: +381 26 621 866 www.pkcgroup.com PKVM SISTEMI D.O.O. (RAPALA) Danijelova 8 11000 Belgrade Tel: +381 11 398 10 88 prodaja@pkvm.co.rs www.pkvm.co.rs PLAST-DENT D.O.O. (PLANMECA) Vizantijski Bulevar 35 18000 Niš Tel: +381 18 230 984 office@plastdent.com www.plastdent.com PNEUMASTER D.O.O. (NOKIAN TYRES) Zrenjaninski put 120/7 11211 Belgrade Tel: +381 11 635 21 11 office@pneumaster.rs www.pneumaster.rs PRIMARIUS DENTISTRY & MEDICINE D.O.O. (PLANMECA) Samačka 15 24000 Subotica Tel: +381 24 546 257 prim.bgd@eunet.rs www.primarius.rs SET SPORT D.O.O. (L-FASHION GROUP OY/ ICEPEAK) Ivankovačka 8 11000 Belgrade Tel: +381 11 337 02 13 office@setsport.rs www.icepeak.fi SOBEL D.O.O. (ENSTO) Ustanička 125-I 11000 Belgrade Tel: +381 11 30 87 507 office@sobel.rs www.sobel.rs TEIKOM D.O.O. (SANDVIK) Banatska 83 a 11080 Belgrade Tel: +381 11 381 44 03 info@teikom.com www.teikom.com TERASA LUX D.O.O (LUMON) Bulevar oslobodjenja 140 11000 Belgrade Tel: +381 11 328 52 61 info@terasalux.rs www.terasalux.rs

TIKKURILA D.O.O. Hajduk Veljkova bb 15000 Šabac Tel: +381 15 368 800 info.rs@tikkurila.com www.tikkurila.rs TIM CO. D.O.O. (SOREDEX) Jovana Rajića 5c 11000 Belgrade Tel: +381 11 283 67 86 office@timco.rs www.timco.rs UPONOR INTERNATIONAL SALES (UPONOR REPRESENTATIVE OFFICE) Dimitrija Avramovića 8 21000 Novi Sad Tel: +381 63 892 47 77 aleksandar.malesev@ uponor.com www.uponor.com

FRANCE ADECCO OUTSOURCING Marko Kolenc Vladimira Popovića 40 11070 Belgrade Tel: + 381 11 712 17 09 info.srbija@adecco.com www.adecco.rs AGS BELGRADE Bojan Stojadinović Višnjička 91, 11060 Belgrade Tel: +381 11 2085 917 manager-belgrade@ agsmovers.com www.agsmovers.com AIR FRANCE PREDSTAVNIŠTVO BEOGRAD Ildiko Kiss Kosovska 10, 11000 Belgrade Tel: +381 11 328 79 08 jelenabanac@airfrance.fr www.airfrance.com ALEXANDER HUGHES S Ludovic Coquillet Staro Sajmište 19, 11070 Belgrade Tel: +381 61 6687 611 belgrade@ alexanderhughes.com www.alexanderhughes.com ALSTOM HOLDINGS PREDSTAVNIŠTVO ZA SRBIJU Đurica Mišin Ulica grada Vukovara 284 Zagreb, Republika Hrvatska Tel: 0038512446551 djurica.misin@alstom.com

www.alstom.com ALTERNATIVE CONSULTING Stevan Pechitch Risanska 6, 11000 Belgrade Tel: +381 11 268 10 79 info@alternative -consulting.com www.alternative -consulting.com ARHI.PRO Aleksandar Milić Cerska 29, 11000 Belgrade Tel: +381 11 3089 627 office@arhipro.com www.arhipro.com ASTERIE Didier Le Goux Topličin Venac 3/IV 11000 Belgrade Tel: +381 11 244 10 55 contact@asterie.fr www.asterie.fr ATOS IT SOLUTIONS AND SERVICES Dragan Stokić Danila Lekića Španca 31, 11070 Belgrade Tel: +381 11 301 22 00 info.it-solutions.rs@atos.net www.rs.atos.net AVTONOVA KAB Viktor Naskovski Radnička 22, 11000 Belgrade Tel: +381 11 353 85 55 office@citroen.rs www.citroen.rs AXEREAL SERBIA Frédéric Moulin Kotorska 64, 21000 Novi Sad Tel: +381 21 533 105 info.serbia@axereal.com www.axereal.com BUREAU VERITAS Vladan Čokić Vladimira Popovića 6, A 204/II 11070 Belgrade Tel: +381 11 614 93 12 office@bureauveritas.rs www.bureauveritas.rs HAVAS ADRIATIC Aleksandar Rašković Koče Kapetana 47 11000 Belgrade Tel: +381 11 367 47 72 office@havasww.rs www.havasww.rs CA LEASING SRBIJA Kosa Banjac Milentija Popovića 5a 11070 Belgrade Tel: +381 11 330 59 30 info@ca-leasing.rs www.ca-leasing.rs CL JURA OGRANAK Saša Stajković Kosovska 10, 11000 Belgrade Tel: +381 11 3348 356 sacha.stajkovic@coquelle.pro www.coquelle.pro CMA CGM POMORSKA AGENCIJA Lars Christian Kastrup Bul.Mihajla Pupina 10Z/116, 11070 Belgrade Tel: +381 11 311 91 61 bgd.sstanojevic@ cma-cgm.com www.cma-cgm.com COFACE SRBIJA Đorđe Živanović Bulevar Oslobodjenja 111, 11000 Belgrade Tel: +381 11 397 60 51 office-rs@coface.com www.coface.com CONSOLIS - RAJ SCHWELLEN D.O.O. Patrick Mirat Milana Rakića 48 11320 Belgrade Tel: +381 11 383 09 53 udarnik.gradnja@rajholding.rs www.rajschwellen.rs CREDIT AGRICOLE BANKA Carlos de Cordoue Braće Ribnikara 4-6, 21000 Novi Sad Tel: +381 21 487 68 76 info@creditagricole.rs www.creditagricole.rs

DANONE ADRIATIC Dieter Schulz Bul. Zorana Đinđića 67/7 11070 Belgrade Tel: +381 11 301 75 83 danone.adriatic@danone.com www.danone-adriatic.com DANOS AND ASSOCIATES Ivan Simić Španskih boraca 3 11000 Belgrade Tel: +381 11 260 06 03 office@danos.rs www.danos.rs DEETA PLAST Nebojša Nedeljković Novosadski put 7 24400 Senta Tel: 381 24 812 270 nnedeljkovic@mecafor-lfa.com www.ceva-tech.com DELICE Marija Jovanović Allain, Njegoševa 52 11000 Belgrade Tel: +381 11 243 71 89 marija.allain@delice.rs www.delice.rs ECOCERT BALKAN Philippe Thomazo Glavna 13M/III 11080 Zemun Tel: + 381 11 2198 352 office.balkan@ecocert.com www.ecocert.rs EGIS INTERNATIONAL PREDSTAVNIŠTVO BEOGRAD Vincent Lapouble Trg Nikole Pašića 2 11000 Belgrade Tel: +381 11 303 18 88 vincent.lapouble@egis.fr www.egis.fr ELSYS EASTERN EUROPE Radomir Jovanović Omladinskih Brigada 88b, Airport City 1500 11070 Belgrade Tel: +381 11 353 52 00 contact@elsys-eastern.com www.elsys-eastern.com ERNST&YOUNG Stephen Fish Španskih boraca 3 11070 Belgrade Tel: +381 11 209 58 00 srdjan.jovanovic@rs.ey.com www.ey.com ESSILOR OPTICS Nives Šeremet Nebojšina 4, 11000 Belgrade Tel: +381 11 344 64 56 smoljanz@essilor.rs www.essilor.rs EUROIMPEX AUTOGROUP & INOTO MOTORS Dragan Koprivica Višnjička 53A, 11060 Belgrade Tel: +381 11 202 23 00/333 office@euroimpex-autogroup.rs www.inoto.rs FREYSSINET OGRANAK BEOGRAD Krzysztof Andrzej Berger Milutina Milankovića 23 11070 Belgrade Tel: +381 11 302 49 00 www.freyssinet.com GEODIS Stephen Lamour Milutina Milankovića 9ž 11070 Belgrade Tel : + 381 11 715 42 50 reception.belgrade@ geodis.com www.geodis.com HELIOS FIBO Guglielmo Benini Vuka Vrčevića bb 11060 Belgrade Tel: +381 11 329 58 60 office@heliosfibo.rs www.heliosfibo.rs HIT AUTO Zoran Dragoj Staro sajmište 29 11070 Belgrade Tel: +381 11 201 80 51 marketing@hitauto.rs

www.hitauto.rs HOLIDAY INN EXPRESS BELGRADE CITY Olivier Si Tahar Ruzveltova 23 11000 Belgrade Tel: +381 11 4144 670 info@hiexbelgrade.com www.holidayinnexpress. com/belgrade HUMAN CAPITAL SOLUTIONS EXECUTIVE SEARCH Rašo Pazarkić Futoška 10, 21000 Novi Sad Mob: +381 65 550 46 65 office@humancapital.co.rs www.humancapital.co.rs HUTCHINSON Olivier Chateau Industrijska 71, 22400 Ruma Tel: +381 22 2155 753 olivier.chateau@ hutchinson.com.pl JPM JANKOVIĆ POPOVIĆ MITIĆ Nemanja Stepanović Vladimira Popovića 6 11070 Belgrade Tel: +381 11 2076 850 office@jpm.rs www.jpm.rs KOTEŽ Nenad Kadić Negotinski put bb 19000 Zaječar Tel: +381 19 421 715 kotezzajecar@yahoo.com KPMG James Thornley Kraljice Natalije 11 11000 Belgrade Tel:+381 11 2050 500 info@kpmg.rs www.kpmg.com/rs LAFARGE BFC Dimitrije Knjeginjić Trg BFC 1, 21300 Beočin Tel: +381 21 874 102, snezana.petrovic@bfc. lafargeholcim.com www.lafarge.rs LE BELIER KIKINDA Bertrand Maxel Miloševački put 34 23300 Kikinda Tel: +381 230 411 000 lbk@lebelier.rs www.lebelier.com LEGRAND ELECTRIC Dušan Perišić Bulevar Zorana Đinđića 144b, 11070 Belgrade Tel: +381 11 383 50 60 bureau.belgrade@ legrandelectric.com www.legrand.rs LABORATORIE INNOTECH INTERNATIONAL PREDSTAVNIŠTVO BEOGRAD Jelena Kojić Milentija Popovića 5v/II/8 11070 Belgrade Tel: +381 11 369 29 33 officeinnotech@eunet.rs www.innothera.com LES LABORATOIRES SERVIER Claude Broudic Bul. Mihajla Pupina 10L, 11070 Belgrade Tel: +381 11 424 00 50 info@rs.mailgrs.com www.servier.rs LESAFFRE RS Miodrag Jelić Milutina Milankovića 11b 11070 New Belgrade Tel: +381 11 655 65 50 office@lesaffre.rs www.lesaffre.com LIMAGRAIN D.O.O. Alain Barbier Miroslav Sidrov Radnička 30a, 21000 Novi Sad Tel: +381 21 475 07 88 office@limagrain.rs www.limagraincentraleurope.com LOHR Jean - Pierre Balloué Bečejski put 31,

24300 Bačka Topola Tel: +381 24 712 777 office@lohrbt.com www.lohr.fr L’OREAL BALKAN Brigitte StrellerBulevar Zorana Đinđića 64a, 11070 Belgrade Tel: +381 11 220 59 00 www.loreal.com LOUIS BERGER SAS PREDSTAVNIŠTVO Daniel Serafimovski Balkanska 2, 11000 Belgrade Tel: +381 11 205 52 10 serbia@louisberger.com www.louisberger.com MANPOWER Aleksandar Hangimana Bulevar Mihajla Pupina 115v 11070 Belgrade Tel: +381 11 414 30 93 office@manpower.rs www.manpower.rs MARIĆ -MALIŠIĆ-DOSTANIĆ Ana Marić Resavska 32, 11000 Belgrade Tel: +381 11 3024 900 maric@mmd-associates.com www.mmd-associates.com MECAFOR PRODUCTS Nicolas Grosdidier Novosadski put 7 24400 Senta Tel: +381 24 812 270 nguerin@la-fonte -ardennaise.com www.la-fonte-ardennaise.com MECAPLAST SERBIA Hapet Marc Agobian Lazarevački drum bb/II/5a 23000 Zrenjanin Tel: +381 65 808 54 30 www.mecaplast.com MELOT & BUCHET AVOCATS Me Nicolas Melot 46,rue de Provence 75009 Paris, France Te : +33 1 77 72 66 70, (RS) contact@nmb-avocats.com www.mb-avocat.com MLEKOPRODUKT Andrej Beslać Temišvarski drum 24, 23 000 Zrenjanin Tel: +381 23 540 830 biser@mlekoprodukt.com www.mlekoprodukt.com NDP AUDIT & CONSULTING D.O.O. BEOGRAD Vladimir Dabić Topličinvenac 3/IV 11000 Belgrade Tel: +381 11 262 75 61 office@ndp-audit.rs www.ndp-audit.rs PAXTON EQUITY Eric Blanchetete Jovana Vuković Žanke Stokić 11a , 11000 Belgrade Tel : +381 11 218 60 79 eric.blanchetete@ paxtonequity.com www.paxtonequity.com PERNOD RICARD Predrag Amidžić Bul. Oslobođenja 211 11000 Belgrade Tel: +381 11 309 15 00 predrag.amidzic@ pernod-ricard.com www.pernod-ricard.com PRICEWATERHOUSE COOPERS Biljana Bogovac Emmanuel Koenig Omladinskih brigada 88a 11000 Belgrade Tel: +381 11 3302 100 rs-office@rs.pwc.com www.pwc.rs RENAULT - NISSAN SRBIJA Milan Belin Omladinskih Brigada 90v, 11070 Belgrade Tel: +381 11 217 81 11 marketing.serbia@renault.com www.renault.rs

RENAULT TRUCKS - VOLVO Johannes Kjellgren Svetosavska 213 22304 Novi Banovci Tel: +381 22 366 610 slobodan.vucic@ renault-trucks.com www.renault-trucks.rs SADE SERBIA François Allain Makedonska 30, 11000 Belgrade Tel: +381 11 303 54 27 office@sade.rs www.sade.rs SAFEGE Zeljko Tmušić Beogradska 27, 11000 Belgrade Tel: +381 11 323 47 30 safege_bg@eunet.rs www.safege.com SAINT-GOBAIN GRAĐEVINSKI PROIZVODI Aleksandar Grujić Bul. Mihajla Pupina 115d 11070 Belgrade Tel: +381 11 314 96 81 aleksandar.grujic@ saint-gobain.com www.saint-gobain.rs SAMSIC Jernej Blatnik Milutina Milankovića 7v 11070 Belgrade Tel: +381 11 225 26 60 office@samsic-see.com www.samsic-see.com SANDERS SH Duško Lođinović Industrijska zona bb 21235 Temerin Tel: +381 21 845 854 office@sanders.rs www.sanders.rs SANOFI-AVENTIS Jelena Bogdanović Španskih boraca 3/VI 11000 Belgrade Tel: +381 11 442 29 00 dasha.brankovic@sanofi.com www.sanofi.com SCHNEIDER ELECTRIC SRBIJA Dejan Marković Vladimira Popovića 38-40, 11070 Belgrade Tel: +381 11 377 31 00 podrska.klijentima@ schneider-electric.com www.schneider-electric.com SKY PARTNER RS Vladimir Trifunović Airport Nikola Tesla Belgrade 11080 Belgrade - Surčin Tel: +381 11 404 56 20 office@sky-partner.rs www.sky-partner.rs SLADARA MALTINEX Borislav Aralica Industrijska zona bb, 21400 Bačka Palanka Tel: +381 21 752 910 www.soufflet.com SOCIETE GENERALE SRBIJA Maria Rousseva Bul. Zorana Đinđića 50a/b 11070 Belgrade Tel: +381 11 301 14 00 sgs.office@socgen.com www.societegenerale.rs SOCIETE GENERALE OSIGURANJE Sabine de Lattre-Eustache Bul. Zorana Đinđića 50 A/B 11070 Belgrade Tel: + 381 11 260 86 65 info.osiguranje@socgen.com www.sogeosiguranje.rs SOCOMEC SICON – OGRANAK BEOGRAD Siniša Pantović Ugrinovački put 10N 11000 Belgrade Tel: +381 11 404 32 40 info.rs@socomec.com www.socomec.com SODIBAL Nicolas Herriau Autoput 20, Belmax centar, objekat br.5, 11080 Zemun Tel: +381 11 201 39 40 www.sodibal.com

SOGELEASE SRBIJA Boris Stević Bul. Zorana Đinđića 50 a/b 11070 New Belgrade Tel: +381 11 222 13 69 sogelease.srbija@socgen.com www.sogelease.rs SOMBOLED Blagoja Slabev Gakovački put bb 25000 Sombor Tel: +381 25 467 300 info@rs.lactalis.com www.somboled.rs STREIT NOVA Miloš Ristić Evropska 11, 22300 Stara Pazova Tel: +381 22 321 299 m.ristic@groupe-streit.com www.groupe-streit.com SUEZ Jean-Luis Chaussade Tour CB21 16, place de l’Iris 92040 Paris La Défense Cedex Tel: +381 63 556 419 (Marko Milačić) marko.milacic@suez.com www.suez.com TARKETT Miroslav Okuka Industrijska Zona bb, 21400 Bačka Palanka Tel: +381 21 755 76 73 info@tarkett.rs www.tarkett.rs TELEKOMUNIKACIJE RAČUNARI I SERVISI Dragan Biljić Varvarinska 14a, 11000 Belgrade Tel: +381 11 312 97 51 trs@trservices.rs www.trservices.rs TIGAR TYRES Carmen Elena Petcu Nikole Pašića 213, 18300 Pirot Tel: +381 10 215 7010 bozana.dzunic@rs.michelin.com www.michelin.rs TIMAC AGRO BALKANS Igor Molnar Temerinska 76, 21000 Novi Sad Tel: +381 21 472 70 20 office@rs.timacagro.com www.timacagro.rs TOTAL SERBIA Almila Acan - Kahvecioglu, Milentija Popovića 5a 11070 New Belgrade Tel: +381 11 614 92 03 aleksandra.misanovic@ total.com www.total-serbia.com VEOLIA CENTRAL & EASTERN EUROPE François Debergh Makedonska 30/V 11000 Belgrade Tel: +381 11 337 38 94 info@veoliaserbia.rs VEOLIA WATER SOLUTIONS & TECHNOLOGIES. François Allain Makedonska 30, 11000 Belgrade Tel: +381 11 303 54 27 office.beograd@ veoliawater.com www.veoliawater.rs XL ART DEAL D.O.O. Xavier Laveniere Alekse Nenadovića 35 11000 Belgrade Tel: +381 11 243 63 96 XPRO Claude Istria Baja Pivljanina 53a, 11000 Belgrade Tel: +381 11 363 02 22 office@xpro.rs www.xpro.rs

GERMANY AAA-1 RENT D.O.O. Olga Milićević Žorža Klemensoa 19 11000 Belgrade office@sixt.rs Tel: +381 11 328 70 70

www.sixt.rs ADECCO OUTSOURCING D.O.O. Marko Kolenc Vladimira Popovića 40 11070 Belgrade info.srbija@adecco.com Tel: + 381 11 66 92 392 www.adecco.rs ADRIA MEDIA GROUP D.O.O. Aleksandar Rodić Vlajkovićeva 8 11000 Belgrade office@adriamedia.rs Tel: + 381 11 63 57 201 www.adriamedia.rs ADVOKAT GORDANA STEVIĆ DULIĆ Carice Milice 3 11000 Belgrade Tel: + 381 11 306 65 50 gordana.stevic@ stevic-dulic.co.rs www.tomic-stevic.co.rs ADVOKATSKA KANCELARIJA JANKOVIĆ, POPOVIĆ & MITIĆ Nemanja Stepanović Vladimira Popovića 6-8 11070 Belgrade office@jpm.rs Tel: +381 11 207 68 50 www.jpm.rs ADVOKATSKA KANCELARIJA JOSKOVIĆ, STOJANOVIĆ & PARTNER Milan Joksović Internacionalih Brigada 38 11000 Belgrade office@jsplaw.co.rs Tel: + 381 11 344 59 70 www.jsplaw.co.rs ADVOKATSKA KANCELARIJA KARANOVIĆ I NIKOLIĆ Dejan Nikolić Resavska 23, 11000 Belgrade Tel: + 381 11 309 42 00 knserbia@ karanovic-nikolic.com www.karanovic-nikolic.com ADVOKATSKA KANCELARIJA HRLE Vladimir Hrle Simina 1, 11000 Belgrad office@hrle-attorneys.rs Tel: + 381 11 3283 295 www.hrle-attorneys.rs ADVOKATSKA KANCELARIJA MIROSLAV STOJANOVIĆ, COOPERATING LAW OFFICE OF WOLF THEISS Miroslav Stojanović Bul. Mihajla Pupina 6 11070 Belgrade Tel: + 381 11 330 29 00 miroslav.stojanovic@ wolfheiss.com www.wolftheiss.com ADVOKATSKA KANCELARIJA MORAVČEVIĆ, VOJNOVIĆ & PARTNERS IN ZUSAMMENARBEIT MIT SCHÖNHERR Matija Vojnović Francuska 27 11000 Belgrade Tel: + 381 11 320 26 00 office@schoenherr.rs www.schoenherr.rs ADVOKATSKA KANCELARIJA PETRIKIĆ & PARTNERI, U SARADNJI SA CMS REICH-ROHRWIG HAINZ Dr. Radivoje Petrikić Cincar Jankova 3 11000 Belgrad Tel: + 381 11 320 89 00 belgrade@cms-rrh.com www.cms-rrh.com ADVOKATSKA KANCELARIJA TSG Tomić Sinđelić Groza Ljubica Tomić Carice Milice 3, 11000 Belgrad Tel: + 381 11 328 51 53 office@tomic-stevic.co.rs

88

www.tsg.rs ADVOKATSKA KANCELARIJA TOMISLAV ŠUNJKA Tomislav Šunjka Sremska 4/I, 21000 Novi Sad Tel: + 381 21 472 17 88 office@sunjkalawoffice.com www.sunjkalawoffice.com ADVOKATSKA KANCELARIJA VLADIMIR M. JANKOVIC Vladimir Janković Save Kovacevića 1 34000 Kragujevac Tel: + 381 34 331 825 vmjank@beotel.net ADVOKATSKA KANCELARIJA VUK TAX ATTORNEYS Veljko Vuković Toplicin venac 19-21 11000 Belgrade Tel: + 381 11 2028 044 contact@vuk-ta.com www.vuk-ta.com ADVOKATSKA KANCELARIJA VUKOVIĆ & PARTNERS Dejan Vuković Vladete Kovačevića 2a 11000 Belgrad Tel: + 381 11 264 22 65 office@vp.rs, www.vp.rs AGENCIJA ALMAS 1 Aleksandra Borlja Gandijeva 79 11070 Belgrade Tel: + 381 11 245 62 98 beoalmas@eunet.rs AGS BELGRADE D.O.O. Elie Alain Taieb Vladan Janković Višnjička 91,11060 Belgrade Tel: + 381 11 208 59 17 belgrade@agsmovers.com www.agsmovers.com AIR BERLIN PLC & CO. LUFTVERKEHRS KG Wolfgang Prock-Schauer Maja Vrcelj Saatwinkler Damm 42-43 D- 13627 Berlin mvrcelj@etihad.ae www.airberlin.com ALLIANCE INTERNATIONAL MEDIA D.O.O. Ivan Novčić Makenzijeva 67/II 11000 Belgrade Tel: + 381 11 24 50 508 office@aim.rs www.cordmagazine.com www.aim.rs ALSTOM HOLDINGS REPRESENTATIVE OFFICE Miodrag Jelisavčić Bul. Mihajla Pupina 6 11070 Belgrade Tel: + 381 11 2200 580 biljana.jocovic@power. alstom.com www.alstom.com AQUALAB PLUS D.O.O. Sinisa Vučinić Ugrinovačka 101 11080 Belgrad Tel: +381 11 244 15 51 office@aqualab.rs www.aqualab.rs ARMONT SP Dejan Slavulj Batajnički drum 283 11080 Zemun Tel: + 381 11 375 01 41 office@armont.biz www.armont.biz ASSOCIATES TREASURY SOLUTIONS Aleksandar Koprivica Balkanska 2, 11000 Belgrade Tel: + 381 11 404 80 90 aleksandar.koprivica@ associates.rs www.associates.rs ATAIR GMBH Reiner Baumbach Wilmsbergerweg 12 48565 Steinfurt Tel: 49 255 292 911 40

ermem@atair.de www.atair.de ATLAS BANKA A.D. PODGORICA, PREDSTAVNIŠTVO BELGRADE Vesna Pavlović Furht Nušićeva 15, 11000 Belgrade Tel: + 381 11 333 63 10 predstavnistvo@ atlasbankars.com www.atlasbanka.com ATRIA GROUP SEED.O.O. BELGRADE Predrag Jovanović Kisela Voda 20, 11000 Belgrade Tel: + 381 11 4123410 office@atria.rs www.atria.rs ATRIUM CONSULTING D.O.O. Roman Klott Bul. Mihajla Pupina 165G 11070 Belgrade Tel: + 381 11 220 58 10 office@atrium -consulting.com www.atrium-consulting.com BACCO D.O.O. Branislav Cvetković Balkanska 35-39 11000 Belgrad Tel: + 381 11 268 66 28 bacco@eunet.rs www.bacco.rs BALL PAKOVANJA EVROPA BELGRADE D.O.O. Colin Gillis Batajnicki drum 21A 11080 Belgrade Tel: + 381 11 377 06 00 nenad.djurdjevic@ball.com www.ball-europe.com BASF D.O.O. Michael Stefan Nam Omladinskih brigada 90b 11070 Belgrade Tel: + 381 11 309 34 00 mirela.andjelkovic @basf.com, www.basf.rs BAULEX D.O.O. BELGRADE Radivoje Spasojević Vladimira Popovica 38-40 11070 Belgrade Tel: + 381 64 570 65 89 baulexqatar@gmail.com www.baulex-bau.com BAYER D.O.O. Miodrag Stanković Omladinskih brigada 88b 11070 Belgrade Tel: + 381 11 20 70 200 office@bayer.rs www.bayer.rs BB ELEKTRONIK D.O.O. Slobodan Sipić Rumska 161 22429 Voganj Tel: + 38 12 243 14 32 info@bbelektronik.co.rs www.bbelektronik.co.rs BDO D.O.O. Ksenija Ristic-Kostic Kneza Mihailova 10 11000 Belgrade Tel: + 383 11 328 18 08 bdo@bdo.co.rs www.bdo.co.rs BEO-LAB LABARATORIJE Marko Pazman Resavska 58-60 11000 Belgrad Tel: + 381 11 36 22 777 office@beo-lab.rs www.beo-lb.rs BEO NETWORK EXPERT D.O.O. Ivana Cvetković Autoput 2, SC 11. april 11070 Belgrade Tel: + 381 11 319 67 98 beo.network.expert@ gmail.com beonetworkexpert.wix.com BERLIN CHEMIE AG PREDSTAVNIŠTVO BELGRADE Nenad Vučković

INTERNATIONAL BUSINESS SECTOR IN SERBIA

2017

Milutina Milankovića 19a 11070 Belgrade Tel: + 381 11 655 60 90 office@berlin-chemie.rs www.berlin-chemie.rs BEST WESTERN HOTEL ŠUMADIJA D.O.O. Njegomir Kilibarda Šumadijski trg 8 11030 Belgrade Tel: + 381 11 305 41 00 office@hotelsumadija.com www.hotelsumadija.com BG REKLAM D.O.O. Marko Kukić 29. Novembra bb 11460 Barajevo Tel: + 381 11 785 64 64 info@bgreklam.rs www.bgreklam.com BHG BRECHTEL GMBH- OGRANAK Milan Lazarević Balkanska 47 11000 Belgrade Tel: + 381 11 761 7455 mlazarevic@t-online.de www.bhg-brechtel.de BIG DUTCHMAN INTERNATIONAL GMBH Saša Đurić Bul. Oslobođenja 30a 21000 Novi Sad Tel: + 381 21 633 41 41 office@bigdutchman.rs www.bigdutchman.rs BILJANA PETROVIĆ PR IZVRŠITELJ

Ulica kneza Višeslava 58 A 11000 Belgrade izvrsiteljbpetrovic@open. telekom.rs Tel: + 381 11 3555 680 izvrsiteljbpetrovic@ gmail.com www.izvrsitelji.rs BIO SAVE D.O.O. Milovan Kovačević Vojislava Vučkovića 10 11000 Belgrade Tel: + 381 11 369 22 06 info@biosave.rs www.biosave.rs BIOTEC INTERNATIONAL D.O.O. Gordana Juran Zdravković Resavska 2 11000 Belgrad Tel: + 381 11 3340148 biotec@eunet.rs www.biotec.rs BOŽIĆ I SINOVI D.O.O. Nikola Egić Maksima Gorkog 3 26000 Pančevo Tel: + 381 13 361 444 office@bozic.rs www.bozic.rs BSH KUĆNI APARATI D.O.O. BELGRADE Nikola Vujatović Milutina Milankovića 11a 11070 Belgrade Tel: + 381 11 205 23 99 www.bsh-group.com www. bosch-home.rs BUCK D.O.O. BELGRADE Zoran Vasiljević Milorada Jovanovica 9 11147 Belgrade Tel: + 381 11 2052 400 office@buck.rs www.buck.rs BWC D.O.O. BELGRADE Slobodan Škundrić Belgradeska 129-131 11277 Ugrinovci Tel: + 381 11 840 86 54 office@bwc.rs www.bwc-bg.rs CARBO CONCEPT D.O.O. Miroslav Štulić Jabučki put 219 26000 Pančevo Tel: + 381 13 345 442 office@carboconcept.com www.carboconcept.com

CATERING PLUS D.O.O. Aleksandar Durović Vladimira Popovića 50/412 11070 Belgrade Tel: + 381 11 260 8410 office@catering.rs www.catering.rs CBS INTERNATIONAL D.O.O. AFFILIATE OF CBRE GROUP Dragan Radulović Omladinskih brigada 88b 11070 Belgrade Tel: + 381 11 225 87 77 office@cbre.rs www.cbre.rs CENTAR JEZIKA NEVEN Nevena Čekić Bul. Zorana Đinđića 166/1 11070 Belgrad Tel: + 381 11 260 70 20 nevena@ centarjezikaneven.com www.centarjezikaneven.com CENTAR ZA RECIKLAŽU D.O.O. Zdravko Mihaljević Tome Buše 14 11250 Belgrade Tel: + 381 11 658 05 86 office@czr.rs, www.czr.rs COMDATA D.O.O. Dragan Majkić Mileševska 6 21000 Novi Sad Tel: + 381 21 472 04 96 office@comdata.rs www.comdata.rs COMMERZBANK AG REPRÄSENTANZ BELGRAD Oliver Schufmann Vladimira Popovića 6, A-112 11070 Belgrade Tel: + 381 11 301 85 20 fi.belgrade@ commerzbank.com www.commerzbank.com CONDATA D.O.O. Branko Kujundžić Carice Milice 3 11000 Belgrade Tel: + 381 11 262 90 21 office@condata.rs www.condata.rs CONFIDA CONSULTING D.O.O. Christian Braunig Knez Mihailova 22 11000 Belgrade Tel: + 381 11 303 91 04 c.braunig@confida.rs www.confida.rs CONTITECH FLUID SERBIA D.O.O. Markus Murk Živko Topalović Batinska 94 24000 Subotica Tel: + 381 24 4155 244 milica.markovic@fluid. contitech.rs www.contitech.de CREDITREFORM D.O.O. Kaja Ristić Palmira Toljatija 5/III 11070 Belgrade Tel: + 381 11 269 60 59 info@creditreform.rs www.creditreform.rs CROWE HORWATH BDM D.O.O. Bogdan Đurić Terazije 5/4, 11000 Belgrade Tel: + 381 11 655 8500 bogdan.djuric@ crowehorwath.rs www.crowehorwath.rs CROWNE PLAZA D.O.O./ NBGP PROPERTIES D.O.O. Živorad Vasić Vladimira Popovića 10 11070 Belgrad Tel: + 381 11 220 4004 begcp.frontdesk@ihg.com www.ihg.com/crowneplaza DAD DRÄXLMAIER AUTOMOTIVE D.O.O. Andreas Josef Weber

Skladišna hala 1,Lokacija Bagljaš Aerodrom 23000 Zrenjanin Tel: + 381 23 519 001 info@draexlmaier.com www.draexlmaier.com DAUN & CIE AG Claas Daun Bahnhofstrabe 21 26180 Rastede Tel: 49 440 29 98 00 info@daun-ag.de DB INTERNATIONAL OGRANAK Nikola Ristić Terazije 16, 11000 Belgrade Tel: + 381 11 3615 238 nikola.ristic@ db-international.de www.db-international.de DDOR NOVI SAD Giorgio Ambrogio Marchegiani Bul. Mihajila Pupina 8 21000 Novi Sad Tel: + 381 21 488 60 00 ddor@ddor.co.rs www.ddor.co.rs DEG DEITSCHE INVESTITIONSUND ENTWICKLUNGSGESELLSCHAFT MBH Bruno Wenn Kämmergasse 22 50676 Köln Tel: 49 221 4986 1610 wilhelm.icke@deginvest.de www.definvest.de DEGUSTA D.O.O. BELGRADE Boško Jakšić Osma Sutjeska 25/2 11060 Belgrade Tel: + 381 11 655 44 00 office@degusta.rs www.degusta.rs DEKRA ZAPOŠLJAVANJE D.O.O. Daniele Divjanović Ivana Aleksandrov Bul. Zorana Đinđića 64A/3 11070 Belgrade Tel: + 381 11 212 04 54 ivana.aleksandrov@ dekra.com www.dekra.rs DELTA MOTORS D.O.O. Nemanja Lazić Radnička 8,11030 Belgrade Tel: + 381 11 353 99 00 office@bmw.rs www.bmw.rs DERTOUR D.O.O. Gerhard Begher Francuska 17/I 11000 Belgrade Tel: + 381 11 404 91 40 prodaja@dertour.rs www.dertour.rs DEUTSCHE BANK AG REPRÄSENTANZ BELGRAD Nemanja Žugić Balkanska 2/ IV/1402 11000 Belgrade Tel: + 381 11 205 50 50 marija.glodevic@db.com www.db.com DEUTSCHE LUFTHANSA AKTIENGESELLSCHAFT LUFTHANSA PREDSTAVNIŠTVO BELGRADE Hannes Steinacker Terazije 3/III, 11000 Belgrade Tel: + 381 11 30 34 944 www.lufthansa.com DEWACO D.O.O. Srđan Pezo Bul. Arsenija Čarnojevića 102, 11070 Belgrade Tel: + 381 22 366 400 office@man.rs www.man.rs DHL MEĐUNARODNI VAZDUŠNI EKSPRES D.O.O. Darko Babić Jurija Gargarina 36v 11070 Belgrade

Tel: + 381 11 310 55 00 info-rs@dhl.com, www.dhl.rs DINOTEC SR D.O.O. Biljana Radivojević Čuburska 11, 11000 Belgrad Tel: + 381 11 242 19 82 dinotec@ikom.com www.dinotec.de DOBA FAKULTET ZA PRIMENJENE I DRUŠTVENE STUDIJE MARIBOR Jasna Dominiko Baloh Prešernova ulica 1 2000 Maribor Tel: + 38 62 228 38 60 info@doba.si www.doba.si DOM ZDRAVLJA VIZIM Marija Dinić Knez Miletina 36 11000 Belgrad Tel: + 381 11 785 77 77 office@vizim.co.rs www.vizim.co.rs DR. HEIMEIRE & PARTNER MANAGMENTUND PERSONALBERATUNG GMBH Cristina Langen, Dr. Reiner Mark Morsenbroicher Weg 200 40470 Dusseldorf Tel: 49 211 55 921 14 aleksic@heimeier.de www.heimeier.de DR. OETKER Zoran Mitić Vladimira Popovica 40 11070 Belgrade Tel: + 381 11 2052 800 info@oetker.rs www.oetker.rs DRÄGER TEHNIKA D.O.O. Predrag Gvorić Danijelova 12-16 11010 Belgrade Tel: + 381 11 3911 222 office.serbia@draeger.com www.draeger.com DSD KONSTRUKTION D.O.O. Harald Stutzer Dr. Milana Petrovica 21 21000 Novi Sad Tel: + 381 21 67 91 888 office@dsd-serbia.co.rs www.dsd-serbia.co.rs DUNKERMOTOREN D.O.O. Uwe Lorenz Batinska 94 24000 Subotica Tel: + 381 24 630 100 office.subotica@ametek.com www.dunkermotoren.com ECOLOGICA URBO D.O.O. Evica Rajić Save Kovačevića 3/1 34000 Kragujevac Tel: + 381 34 331 332 office@ecourbo.com www.ecourbo.com ECOVIS CONFIDAS D.O.O Alexander Samonig Imotska 1, 11000 Belgrade Tel: + 381 11 395 68 00 belgrade@ecovis.com www.ecovis.com/belgrade EDR GMBH Helmut Ferrari Dillwächterstraße 5 80686 München Tel: 49 89 547 11 20 info@edr.de, www.edr.de EKAPIJA.COM D.O.O. Zdravko Lončar Bul. Mihaila Pupina 10A 11070 Belgrade Tel: + 381 11 715 22 40 management@ekapija.com www.ekapija.com EKO-DUNAV D.O.O. Ivan Grbin Barička reka bb 11504 Belgrade Tel: + 381 11 367 57 69 office@eko-dunav.co.rs www. eko-dunav.co.rs ELNOS BL Borko Torbica

Blagoja Marijanovića Moše 6 11070 Belgrade Tel: + 381 11 787 00 93 officebg@elnosbl.com www.elnosbl.com ELTEC PETROL D.O.O. Aleksandar Stanković Patrijarha Dimitrija 12v 11090 Belgrade Tel: + 381 11 256 24 39 marketing.eltecrs@ eltec-petrol.rs www.eltec-petrol.rs EMBASSY TECHZONES D.O.O. Ramgopal Narayanan Dedinjska 10 11040 Belgrade Tel: + 381 11 2660 726 office@embassytechzones.rs www. embassytechzonrs.rs ENEL PS D.O.O. Saša Mihailović Zelengorska 1g 11070 Belgrad Tel: + 381 11 3132 113 office@enelps.com www.enelps.com ENERGOMONTAŽA A.D. Mladen Žujković Živojina Žujovića 14 11050 Belgrad Tel: + 381 11 38 14 900 office@energomontaza.com energomontaza.rs ENVOY HOTEL BELGRADE - ADOC D.O.O. Biljana Obradović Čika Ljubina 13 11000 Belgrade Tel: + 381 11 414 46 46 info@envoyhotel.rs www.envoyhotel.rs EOS MATRIX D.O.O. Jelena Jović Milentijević Đorđa Stanojevića 14 11070 Belgrade Tel: + 381 11 330 07 00 kontakt.rs@ eos-matrix.com www.rs.eos-solutions.com ERNST & YOUNG D.O.O. BELGRADE Stephen James Fish Španskih boraca 3 11070 Belgrade Tel: + 381 11 209 58 00 ey.office@rs.ey.com www.ey.com/rs ERSTE GROUP IMMORENT SERBIA D.O.O. Dr. Claus Graggaber Milutina Milanovića 11a 11070 Belgrade Tel: + 381 11 228 74 82 office.rs@immorent.com www.erstegroupimmorent. com EURO LOGISTIK SERVICE D.O.O. Saša Orlov Vladimira Popovića 50/ A-456 11070 Belgrade Tel: + 381 11 785 64 10 office@els.co.rs www.els.co.rs EUROFAST GLOBAL D.O.O. Panayiotis Diallinas Beogradska 31/4 11000 Belgrade Tel: + 381 11 3241 484 belgrade@eurofast.eu www.eurofast.eu EUROMEDIC APOTEKE, Z.U. Vjekoslav Vukajlović Kralja Milutina 57 11000 Belgrade Tel: + 381 11 218 21 08 vjeko@euro-medic.net EUROPCAR FRANCHISE-PRIMERO RENT A CAR D.O.O. Stanko Janković Vladimir Ilić Bul. Mihaila Pupina 10g/532 11070 Belgrad

Tel: + 381 11 785 27 97 info@europcar.rs www. europcar.rs EXECUTIVE GROUP D.O.O. Darko Matijašević Knez Mihailova 9 11000 Belgrade Tel: + 381 11 328 44 88 info@eg.rs, www.eg.rs EXSON PLUS D.O.O. Stefan Milošević Vladimira Popovića 38-40 11070 Belgrade Tel: + 38 16 235 37 85 stefanmilosevic@gmail.com www.lohn-konfektion.com FALKE SERBIA D.O.O. Thomas Martin Krüger Olaf Kaiser Tekstilna 71, 16000 Leskovac Tel: + 381 16 31 500 50 falke.serbia@falke.com www.falke.com FALKENSTEINER HOTEL BELGRADE / ALBA INVEST D.O.O. Aleksandar Vasiljević Bul. Mihaila Pupina 10K 11070 Belgrade Tel: + 381 11 225 00 00 reservations.belgrade@ falkensteiner.com www.falkensteiner.com FARMALOGIST D.O.O. Silvana Džudžević Mirijevski Bul. 3, 11060 Belgrade Tel: + 381 11 331 50 01 office.dir@farmalogist.rs www.farmalogist.rs FERDINAND BILSTEIN SOUTH EAST EUROPE D.O.O. Zoran Petrović Brđanska 412, 11232 Belgrade Tel: + 381 11 8652 874 Lidija.Aleksic@ Bilsteingroup.com www.bilsteingroup.com FESTO GESELLSCHAFT M.B.H. OGRANAK BELGRADE Ivan Zekavica Omladinskih brigada 90 V /5 11070 Belgrade Tel: + 381 117853 900 info@festo.rs www.festo.com FINVEST D.O.O. Dušan Radovanović Generala Anrija 34a 11141 Belgrad Tel: + 381 11 30 98 117 dusan@finvest.rs www.finvest.rs FLUIDTERM EXPORT-IMPORT D.O.O. Marija Anđelković JNA 54/1, Zaklopača 11306 Grocka Tel: + 381 11 85 25 107 info@fluidterm.com FOND ZA PODRŠKU INVESTICIJA U VOJVODINI- VIP Nataša Pavićević Bajić Narodnog Fronta 23 d 21000 Novi Sad Tel: + 381 21 4723 240 office@vip.org.rs www.vip.org.rs FRESENIUS MEDICAL CARE SRBIJA D.O.O. - SPECIJALNA BOLNICA ZA HEMODIJALIZU Dr Stevan Pavlović Jurija Gagrina 11-11a 11070 Belgrad Tel: + 381 11 228 05 22 www.fmc-srbija.com FRESENIUS MEDICAL CARE SERBIA D.O.O. Prof. dr. Rajko Hrvačević Belgradeski put bb 26300Vršac Tel: + 38111 3951 000 Vera.Trunic@fmc-ag.com www.fmc-ag.com

G.P. GRADJEVINAR Nenad Ćirić Trnska 25, 11000 Belgrade Tel: + 381 11 344 66 15 office@gradjevinar.rs www.gradjevinar.rs GEA FARM TECHNOLOGIES SERBIEN D.O.O. Thomas Czutta, Man. Dir. Konstantina Jovanovića 10 11080 Zemun Tel: + 381 11 405 36 18 luka.bjeletic@gea.com www.gea.com GEBRÜDER WEISS D.O.O. Dragan Simović Beogradska bb 11272 Dobanovci Tel: + 381 11 3715 235 office.serbia@gw-world.com www.gw-world.rs GENERALI OSIGURANJE SRBIJA A.D. Dragan Filipović Vladimira Popovica 8 11070 Belgrade Tel: + 381 11 222 05 55 kontakt@generali.rs www. generali.rs GEZE D.O.O. Vanja Milić Elemirski drum bb 23000 Zrenjanin Tel: + 381 23 519 600 office-serbia@geze.com www.geze.com GFA SOUTH EAST EUROPE D.O.O. Zoran Kapor Maršala Birjuzova 3-5 11000 Belgrade Tel: + 381 11 3283 017 mirjana.mrgic@ gfa-group.de www.gfa-see.com GFK D.O.O. Marijana Agić-Molnar Bul. Mihajla Pupina 10b/VI 11070 Belgrade Tel: + 381 11 7155 888 ivan.borota@gfk.com www.gfk.com GI GROUP HR SOLUTIONS D.O.O. Olga Svoboda Prote Mateje 52 11000 Belgrade Tel: + 381 11 244 39 80 office@gigroup.com www.gigroup.rs GIZ - DEUTSCHE GESELLSCHAFT FÜR INTERNATIONALE ZUSAMMENARBEIT GMBH Siegmund Müller Brzakova 20 11000 Belgrade Tel: + 381 11 369 81 28 giz-serbien@giz.de www.giz.de GLOB METROPOLITEN TOURS Mirjana Ljubinković Makenzijeva 26 11000 Belgrade Tel: + 381 11 2430 899 glob@metropoliten.com www.metropoliten.com GRADING D.O.O. Miroslav Mihajlović Dimitrija Marjanovica 26 35250 Paraćin Tel: + 381 35 887 14 01 bgoffice@grading.rs www.garding.rs GRAH AUTOMOTIVE D.O.O. Aca Zlatić Kneza Miloša Obrenovića 9A 34227 Batočina Tel: + 381 34 501 060 aca.zlatic@ grah-automotive.com www.grahlighting.eu GRAMMER SYSTEM Pierluigi Ghiome 22. Decembar 18220 Aleksinac

Tel: + 381 18 809 100 bobana.petrovic@ grammer.com www.grammer.com GRAND MOTORS D.O.O. Stanko Radić Milutina Milankovića 21 11070 Belgrade Tel: + 381 11 209 06 61 ana.tomovic@ford.rs www.ford.rs GRUNER SERBIAN D.O.O. Vladica Stanković Marka Oreškovića bb 16210 Vlasotince Tel: + 381 16 23 08 00 www.gruner.de GUSTAV HENSEL GMBH & CO.KG Felix G. Hensel Gustav-Hensel-Strabe 6 D-57368 Lennestadt Tel: 49 2723 60 90 info@hensel-electric.de www.hensel-electric.de GUSTAV KAESER TRAINING INTERNATIONAL D.O.O. Nikola Mirčić 8. marta 9/51, 11250 Belgrade Tel: 381 63 221 910 serbia@gustavkaeser.com www.gustavkaeser.com HARRISONS D.O.O. Mark William Harrison Bul. Mihajla Pupina 6/24 11070 Belgrade office@harrison -solicitors.com Tel: + 381 11 312 98 25 www.harrison-solicitors.com HEMOFARM A.D. Dr. Ronald Seeliger Beogradski put bb 26300 Vršac Tel: + 381 13 80 31 00 svakodobro@hemofarm.com www.hemofarm.com HENKEL SRBIJA D.O.O. Gordana Brašić Bul. Oslobodenja 383 11000 Belgrade Tel: + 381 11 207 22 00 info@rs.henkel.com www.henkel.rs HILL INTERNATIONAL D.O.O. Mina Čandrlić Ruzveltova 45 11000 Belgrad Tel: + 381 11 3894 504 hill@hill.rs, www.hill.rs HÖDLMAYR ZASTAVA D.O.O. Markus Wäger Trg Topolivaca 4 34000 Kragujevac Tel: + 381 34 323 239 serbia@hoedlmayer.com www.hoedlmayr.com HOFFSCHMIDT FLAGPRINTER D.O.O. Rüdiger Hoffschmidt Majora Zorana Radosavljevića 370 11273 Belgrade Tel: + 381 11 4144 428 info@flagprinter.rs www.flagprinter.rs HOLIDAY INN BELGRADE, BELEXPOCENTAR D.O.O. Slobodan Petrović Španskih boraca 74 11070 Belgrade Tel: + 381 11 31 00 000 reception@hibelgrade.rs www.belexpocentar.rs HOLLEMAN TRANSPORT D.O.O. Dejan Tubić Milinka Kušića 1/3 11250 Belgrade Tel: + 381 11 11 657 1 307 info@holleman.rs www.holleman.rs HÖRMANN SERBIA D.O.O. Bojan Simović Udarnih desetina 32

11271 Surčin Tel: + 381 11 8440 821 b.simovic@hormann.rs www.hormann.rs HRG SERBIA & MONTENEGRO, BT PEGROTOUR D.O.O. Predrag Španjević Topličin Venac 19-21 11000 Belgrade Tel: + 381 11 202 80 90 office@rs.hrgworldwide.com www.hrgworldwide.com HUMAN CONSULTING D.O.O. Ana Arzanović Sarajevska 38/6 11000 Belgrade Tel: + 381 11 3660 176 info@human.rs www.human.rs I.C.P.S. INFINITY D.O.O. Damir Miladin Jaše Prodanovića 36 11000 Belgrade Tel: + 381 11 2083 882 office@icps-infinity.com www.icps-infinity.com IB INTERBILANZ CONSULTING D.O.O. Marco Egger Milutina Milankovića 136a 11070 Belgrade Tel: + 381 11 6557 043 office@ibgroup.rs www.ibgroup.at IHK CHEMNITZ K.D.Ö.R. Hans Joachim Wunderlich Straße der Nationen 25 9111 Chemnitz Tel: 49 371 6900 0 chemnitz@chemnitz.ihk.de www.chemnitz.ihk.24.de IMO D.O.O. Mirko Vinčetić Stevana Markovića 8 11070 Belgrade Tel: + 381 11 2106 404 imo@eunet.rs www.merdevineiskele.com www.imo.co.rs IMPERIAL TOBACCO SCG D.O.O. Tomaž Grmovšek Bul. Mihajla Pupina 6/XII 11070 Belgrade Tel: + 381 11 2200 800 office@rs.imptob.com www.imperial-tobacco.com IN HOTEL BELGRADE D.O.O. Ružica Petrović Dedijer Bul. Arsenija Čarnojevića 54a, 11070 Belgrade Tel: + 381 11 310 5300 office@inhotel-belgrade.rs www.inhotel-belgrade.rs INFOBIRO D.O.O. Bojan Trajković Kursulina 13, 11000 Belgrade office.bgd@infobiro.tv Tel: + 381 11 3348 209 + 381 11 3241 862 www. infobiro.tv INFOSTUD 3 D.O.O. Branislava Gajić Stanojević Aleja Maršala Tita 26/3 24000 Subotica Tel: + 381 24 4155 615 info@infostud.com www.infostud.com INFOTERM D.O.O. NIŠ Dr Džo Mikulović Prvomajska 11/3/II 18000 Niš Tel: + 381 18 250 422 tbrkanovic@infoterm.rs www.infoterm.rs INPRO-SRB D.O.O. Boris Lavrič Bul. revolucije 22a 11224 Belgrade Tel: + 381 11 3419 093 dejan.ilijev@inpro.pro www.inpro.si/rs INTEGRALTEHNIC Nikola Sebić Bul. vojvode Mišića 14- hala 3a, 11000 Belgrad Tel: + 381 11 3611828

office@itcg.co.rs www.itcbg.co.rs INTERNATIONAL COMMUNICATIONS PARTNERS Kristina Vukanović Obilićev venac 4 11000 Belgrad Tel: + 381 11 262 03 66 office@icp-co.com www.icp-co.com IVA 28 D.O.O. Bojan Erčević Jurija Gargarina 231/322 11070 Belgrade Tel: + 381 11 301 56 40 office@iva28.rs www.iva28.rs JIE ENGINEERING D.O.O. Jordanka Belić Bul. Mihajla Pupina 10A/5/13 11070 Belgrade Tel: + 381 11 3112 378 info@jie-engineering.com www.jie-engineering.com JUGO-KAOLIN D.O.O. Nebojša Ilinčić Bul. Mihaila Pupina 10V/1/III 312 11070 Belgrade Tel: + 381 11 311 65 78 m.mladenovic@jugokaolin.rs www.jugokaolin.rs JUGO-IMPEX E.E.R D.O.O. Ninoslav Milenković Bul. Sv. Cara Konstantina 82-86 18000 Niš Tel: + 381 18 415 01 26 office@ereciklaza.com www.ereciklaza.com KESZ D.O.O. Breier Szabolcs Bul. Kneza Aleksandra Karađorđevića 23 11000 Belgrade Tel: + 381 11 3674 408 breiersz@kesz.hu www.kesz.rs KFW OFFICE BELGRADE Arne Gooss Brzakova 20,11040 Belgrade Tel: + 381 11 36 98 12 2 kfw.belgrade@kfw.de www.kfw-entwicklungsbank.de KLASTER MODNE I ODEVNE INDUSTRIJE SRBIJE Slađana Milojević Omladinskih brigada 14/35 11070 Belgrade Tel: + 381 11 269 83 90 info@clusterfacts.org.rs www.clusterfacts.org.rs KLETT IZDAVAČKA KUĆA D.O.O. Gordana Knežević Orlić Maršala Birjuzova 3-5/IV 11000 Belgrad Tel: + 381 11 33 48 384 office@klett.rs www.klett.rs KNAUF INSULATION D.O.O. Tihomir Civkarovski Batajnički drum 16 b, 11080 Zemun Tel: + 381 11 3310 800 office.belgrade@ knaufinsulation.com Tel: + 381 17 401 910 www.knaufinsulation.rs KNAUF ZEMUN D.O.O. Todor Delovski Batajnički drum 16b, 11080 Zemun Tel: + 381 11 207 45 00 delovski.todor@knauf.com.mk www.knauf.rs KORPUS D.O.O. Pavle Knežević Surčinski put 1b 11070 Belgrade Tel: + 381 11 7129 261 office@korpus.co.rs www.korpus.co.rs KPMG D.O.O. James Thornley

Kraljice Natalije 11 11000 Belgrade Tel: + 381 11 205 05 00 info@kpmg.rs www.kpmg.rs KRAFTANLAGEN SERBIA D.O.O. Jens Wolters Omladinskih brigada 88a 11070 Belgrade Tel: + 381 11 440 74 41 belgrade@kraftanlagen.eu www.kraftanlagen.de LA LUBENICA D.O.O. BERLITZ Aleksandar Nikolić Vladimira Popovića 44/lokal A L 2/3 11070 Belgrade Tel: + 381 11 312 11 45 office@berlitz.co.rs www.berlitz.co.rs LAHYER D.O.O. Dragan Carić Bul. Arsenija Čarnojevića 78/18, 11070 Belgrade Tel: + 381 11 2129 688 info@layher.rs, www.layer.rs LEGI-SGS D.O.O. Sebstijan Babić Novo Naselje 10 11184 Belgrade Tel: + 381 11 800 16 73 office@legi.rs www.legi.rs LEITNERLEITNER CONSULTING D.O.O./ LEITNERLEITNER AUDIT D.O.O. Pavo Đedović Knez Mihajlova 1-3/III 11000 Belgrade Tel: + 381 11 655 5105 office.belgrade@ leitnerleitner.com www.leitnerleitner.com LEONI WIRING SYSTEMS SOUTHEAST D.O.O. Joerg Paechnatz Pane Dukića 1 18400 Prokuplje Tel: + 381 27 319 111 jasmina.milosavljevic@leoni. com, www.leoni.com LETAČ D.O.O. Mile Savić Kralja Petra I bb, 22320 Inđija Tel: + 381 22 510 031 info@letac.rs, www.letac.rs LIDL SERBIA SUPERMARKETI K.D. Dragan Čigoja Tošin bunar 272 v 11070 Belgrade Tel: + 381 11 655 4000 olga.drskovic@lidl.rs www.lidl.rs LINDE GAS SRBIJA Zoran Popov Petrovoselski put 143 21220 Bečej Tel: + 381 21 6811 000 office@rs.linde-gas.com www.linde.com LINDE VILJUSKARI D.O.O. Vesna Jovanović Moše Pijade 17b 11224 Vrčin Tel: + 381 11 80 55 706 info@linde-mh.rs www.linde-mh.rs LINDNER D.O.O. Vojislav Popović Koste Abraševića 12 11050 Belgrade Tel: + 381 11 3822 454 office@lindner-Belgrade.com www.lindner-Belgrade.com LMB SOFT D.O.O. Klaus Dieter Jentsch Bul. Nikole Tesle bb 18000 Niš Tel: + 381 18 200 825 klaus.jentsch@lmb.de www.lmbsoft.rs LOSBERGER GMBH Berndt Zoepffel Gottlieb-Daimler-Iling 14 74906 Bad Rappenau Tel: 49 7066 980 0

export@losberger.com www.losberger.com M+W PROCESS ENGINEERING D.O.O. Josef Kriegl Lotterbergstr. 30 70499 Stuttgart Tel: + 381 11 655 79 10 marko.elez@mwgroup.net www.pi.mwgroup.net MACE D.O.O. Branislav Simović Heroja Milana Tepića 3 11000 Belgrade Tel: + 381 11 4000 222 serbia.office@ macegroup.com www.macegroup.com MANPOWER D.O.O. Aleksandar Hangimana Bul. Mihajla Pupina 115v 11070 Belgrade Tel: + 381 11 41 43 093 office@manpower.rs www.manpower.rs MARINA BOSNJOVIĆ PR AGENCIJA ZA KONSALTING Marina Bošnović Đordja Stanojevića 11dj/29 11070 Belgrad Tel: + 381 11 630 21 85 marina@bosnjovic.com MAŠINOPROJEKT KOPRING A.D. Slobodan Lalić Dobrinjska 8a, 11000 Belgrade Tel: + 381 11 363 57 00 office@masinoprojekt.co.rs www.masinoprojekt.co.rs MCB EDUKACIJA D.O.O. Bojan Šćepanović Ustanička 189 11050 Belgrade Tel: + 381 11 3047 126 mcb@eunet.rs www.mcb.rs MEDINIC EKSPORT-IMPORT D.O.O. Ljiljana Belčević Danicareva 57 11000 Belgrade Tel: + 381 11 304 77 44 office@medinic-b.com www.medicin.com MEHLER PROTECTIVE SYSTEM D.O.O. Zoran Popović Bagljaš Aerodrom 13/187/3 23000 Zrenjanin Tel: + 381 23 532 870 mehler@mehler.rs MERCK D.O.O. Ina Bulat Omladinskih Brigada 90v 11070 Belgrade Tel: + 381 11 217 57 61 merck@merck.rs www.merck.rs MERKUR GAMES D.O.O. Branko Kokir Mileševska 64 11000 Belgrade Tel: + 381 11 6304021 ivasiljevic@ merkur-casino.com www.merkurautomatklub.com MESSER TEHNOGAS A.D. Ernst Bode Banjički put 62 11090 Belgrade Tel: + 381 11 353 72 70 postoffice@messer.rs www.messer.rs METRO CASH & CARRY D.O.O. Roberto Mancuso Autoput za Novi Sad 120 11080 Belgrade Tel: + 381 11 3777 400 vanja.tadic@metro.rs www.metro.rs METROPOL PALACE D.O.O. Ioannis Daskalantonakis Georgios Margaritis Bul. Kralja Aleksandra 69 11000 Belgrade Tel: + 381 11 333 3100

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office@metropolpalace.com www.metropolpalace.com MILŠPED D.O.O. Nebojsa Iković Savski Nasip 7 11070 Belgrade Tel: + 381 11 2015 100 marija.ikovic@milsped.com www.milsped.com MOKROGORSKA ŠKOLA MENADŽMENTA D.O.O. Srdjan Janjićijević Naselje Mećavnik, ulica Ingmara Bergmana br. 1 31243 Mokra Gora Tel: + 381 65 3035 087 office@msm.edu.rs msm.edu.rs MMM MÜNCHENER MEDIZIN MECHANIK GMBH Michael Geutler Semmelweisstr. 6 82152 Planegg-München Tel: 49 89 899 180 info@mmmgroup.com www.mmmgroup.com MOVEM & CO Njegoslav Trifković Milentija Popovića 9 11070 Belgrade Tel: + 381 11 311 14 37 office@movem.co.rs www.movem.rs MUEHLBAUER TECHNOLOGIES D.O.O. Hubert Forster Evropska 17 22300 Stara Pazova Tel: + 381 22 215 5160 info@muehlbauer.de www.muehlbauer.de MULTI-TEC D.O.O. Niko Bubić Liparska 50 21208 Sremska Kamenica Tel: + 381 21 625 28 20 mbubic@multi-tec.net www.multi-tec.net NDP AUDIT & CONSULTING D.O.O. Vladimir Dabić Topličin venac 3/IV 11000 Belgrade Tel: + 381 11 308 57 80 office@ndp-audit.rs www.ndp-audit.rs NEIMAR PROJEKT D.O.O. Goran Đorđević Vazduhoplovaca bb 18000 Niš Tel: + 381 18 458 20 50 www.neimarprojekt.com NENAD POPOVIĆ ARCHITECT D.O.O. Nenad Popović Požarevačka 18 11000 Belgrade Tel: + 381 11 4056975 info@nenadpopovic.com www.nenadpopovic.com NESTLE ADRIATIC S D.O.O. Yana Mikhaylova Milutina Milankovića 11a 11070 Belgrade Tel: + 381 11 201 9301 info@rs.nestle.com www.nestle.rs NITEA D.O.O. Vesna Ječmenica Đorđa Stanojevića 14 11000 Belgrade Tel: + 381 11 22 87 389 office@nitea.rs www.nitea.rs NORMA GRUPA JUGOISTOCNA EVROPA D.O.O. Philip Humphries Thomas Kraus Batinska 94, 24000 Subotica Tel: + 381 24 644 500 info.rs@normagroup.com www.normagroup.com NOVOS D.O.O. Nenad Vuković Cara Dušana 207 11080 Zemun Tel: + 381 11 3773503 novos@novos.co.rs www.novos.co.rs

OBO BETTERMANN D.O.O. Mr. Saša Klašić Evropska 2, 22300 Stara Pazova www.obo.rs OFFICECOM D.O.O. BELGRADE Kai Aufenberg Tronoska 18 11185 Belgrade Tel: + 381 11 377 45 38 prodaja@officecom.rs www.officecom.rs OPEL SOUTHEAST EUROPE LIMITED LIABILITY COMPANY PREDSTAVNIŠTVO Dragan Nenadović Bul. a Mihajla Pupina 165G 11070 Belgrade Tel: + 381 11 3015 202 aleksandra.nedeljkovic@ opel.com, www.opel.rs OSRAM EOOD PREDSTAVNIŠTVO Miroslav Laješić Elvis Lyubchev Georgiev Antifašističke borbe 12 11070 Belgrad Tel: + 381 11 2281 717 office@osram.com www.osram.com OST- UND MITTELEUROPA VEREIN E.V. Miloš Mitić Am Weidendamm 1A 10117 Berlin Tel: 49 305 900 995 75 info@o-m-v.org www.o-m-v.org OVATION BBDO D.O.O. Dragoslav Ilić Velislava Vulovića 16 11000 Belgrade Tel: + 381 11 414 61 60 office@ovationbbdo.rs www.ovationbbdo.rs P3 COMMUNICATIONS ENGINEERING Vladimir Obradović Majora Gavrilovića 1 14000 Valjevo Tel: + 381 14 292 100 info.communications@ p3-group.com p3-group.com PALCO D.O.O. Goran Negovanović Nova 9 bb 15000 Šabac Tel: + 381 15 355 150 palco@eunet.rs www.palco.de PANASONIC LIGHTING DEVICES SERBIA D.O.O. Dirk Bantel Karl Rojm bb 35210 Svilajnac Ana.Marincic@ Tel: + 381 35 8150 100 vsu.vossloh-schwabe.com www.vossloh-schwabe.com PEDIMENT D.O.O. Goran Blagojevic Kraljice Natalije 39/2 11000 Belgrade Tel: + 381 63 211 231 marijana.dubljevic@ pediment.co.rs www.pediment.rs PERI OPLATE D.O.O. Mile Bojanić Zmaja Ognjenog Vuka 2 22310 Šimanovci Tel: + 381 22 408 28 200 office@peri.rs, www.peri.rs PERIHARD INŽENJERING D.O.O. Bogdanka Pešić Kneginje Zorke 24 11000 Belgrade Tel: + 381 11 2760 016 prodaja@perihard.com www.perihard.com PERTINI TOYS D.O.O. Aleksandar Ignjatović Sinđelićeva 4 11000 Belgrad Tel: + 381 11 2448 384 office@pertinitoys.co.rs

INTERNATIONAL BUSINESS SECTOR IN SERBIA

2017

www.pertinitoys.com PEWO ENERGIETECHNIK GMBH Egbert Petrick David Piegazki Geierswalder Straße 13 02979 Eisterheide Tel: 49 357 148 980 info@pewo.de www.pewo.com PFEIFFER D.O.O. Slobodan Pilipović Kumodraska 241 b 11000 Belgrade Tel: + 381 11 398 2667 office@pfeiffer.rs www.ludwigpfeiffer.com PHIWA D.O.O Rudolf Walter Matija Korvina 17 24000 Subotica Tel: + 381 24 647 231 phiwa@phiwa.com www.galleria-center.com PHOENIX PHARMA D.O.O. Aleksandra Drašković Bore Stankovića 2 11000 Belgrade Tel: + 381 11 353 8100 office@phoenixpharma.rs www.phoenixpharma.rs POWER SYMBOL TECHNOLOGY D.O.O. PSTECH Branka Radovanović Milutina Milankovica 11b 11070 Belgrade Tel: + 381 11 2057400 office@pstech.rs www.pstech.rs PREDSTAVNIŠTVO PAUL HARTMANN AG Alfred Raček Bul. Mihajla Pupina 6/19 11070 Belgrad Tel: + 381 11 4404 500 nikola.stankovic@ si.hartmann.info www.si.hartmann.info PRE-PRINT D.O.O. Stanko Krstin Josifa Marinkovića 10 21000 Novi Sad Tel: + 381 21 6447 999 office@pre-print.rs www.pre-print.rs PRICEWATERHOUSECOOPERS D.O.O. Biljana Bogovac Omladinskih brigada 88a 11070 Belgrade Tel: + 381 11 3302 100 rs-office@rs.pwc.com www.pwc.rs PROCREDIT BANK A.D. BELGRADE Svetlana Tolmacheva Dingarac Milutina Milankovića 17 11070 Belgrade Tel: + 381 11 20 77 855 info@procreditbank.rs www.procreditbank.rs PROEL A.D. Vesna Milošević Đorđa Stanojevića 9a 11070 Belgrad Tel: + 381 12 221 955 proel@softnet.rs www.proel.rs PROFINE D.O.O. Bojan Predojević Batajnički drum bb 11080 Zemun Tel: + 381 11 210 19 86 serbia@profine-group.com www.profine-group.com PROMINENT MAĐARSKA PREDSTAVNIŠTVO BELGRADE Ottó Horváth Slaviša Milović Mokroluška Nova 1b 11010 Belgrade Tel: + 381 11 630 42 42 s.milovic@prominent.co.rs www.prominent.co.rs PROTEKTORWERK FLORENZ MAISCH GMBH & CO. KG Dr. Christof Maisch Viktoriastrasse 58 76571 Gaggenau

Tel: 49 722 597 70 info@protektor.com www.protektor.com R. E. FOUR D.O.O. MEMBER OF OTP GROUP Gyula Péter Németh Bul. Oslobođenja 82 21000 Novi Sad Tel: + 381 21 48 00 847 sasa.verc@refour.rs RADISSON BLU OLD MILL HOTEL, BELGRADE Thomas Swieca Bul. Vojvode Mišića 15 11000 Belgrade Tel: + 381 11 6357 357 info.belgrade@ radissonblu.com www.radissonblu.com REHAU D.O.O. Nikola Ivošević Stražilovska 7 11272 Belgrade Tel: + 381 11 377 03 02 Belgrade@rehau.com www.rehau.rs REISSWOLF SERBIA D.O.O. Milan Bogovac Volarsko Polje BB 22300 Stara Pazova Tel: + 381 22 317 720 office@reisswolf.rs www.reisswolf.rs REPRO MARKET D.O.O. Slobodan Milenković Patrijarha Varnave 49 11000 Belgrad Tel: + 381 11 3444 963 office@repromarket.rs www.repromarket.rs RILEX CO D.O.O. Dragan Ristivojević Sime Igumanova 60 11000 Belgrade Tel: + 381 11 383 68 84 office@rilex.co.rs www.rilex.co.rs ROBERT BOSCH D.O.O Jovanka Jovanović Milutina Milankovića 11a 11070 Belgrade Tel: + 381 11 205 23 03 jovanka.jovanovic@ bosch.com www.bosch.rs S&FRIENDS Tijana Adamov Makedonska 34 11000 Belgrade Tel: + 381 11 322 9668 office@s-and-friends.com www.s-and-friends.com S&T SRBIJA D.O.O. Rajko Jovanović Đorđa Stanojevića 15 11070 Belgrade Tel: + 381 11 311 62 21 info@snt.rs www.snt.rs SAINT-GOBAIN GRAĐEVINSKI PROIZVODI D.O.O. -SEKTOR RIGIPS Aleksandar Grujić Bul. Mihajla Pupina 115d 11070 Belgrade Tel: + 381 11 22 82 444 aleksandar.grujic@ saint-gobain.com www.rigips.rs SALESIANER MIETTEX BOGSIM Markus Kühböck Batajnički drum 23 11185 Belgrade Tel: + 381 11 6192 353 d.milosevic@salesianer.rs www.salesianer.rs SANO SAVREMENA ISHRANA ŽIVOTINJA D.O.O. Branimir Kampl Josifa Pančića 8 21000 Novi Sad Tel: + 381 21 4780 320 sano@sano.rs www.sano.rs SAP WEST BALKANS D.O.O. Vojislav Genić

Omladinskih brigada 88b 11070 Belgrade Tel: + 381 11 3536 900 infowb@sap.com www.sap.com SAUTER BULIDING CONTROL SERBIA D.O.O. Mladen Vukanac Alekse Nenadović 15-17 11000 Belgrade Tel: + 381 11 3835 571 info@sauter.rs www.sauter.co.rs SCHENKER D.O.O. Neven Marcesku Batajnički drum 283d 11080 Belgrade Tel: + 381 11 414 18 70 sales@schenker.rs www.dbschenker.com/rs SCHMITZ CARGOBULL D.O.O. Vujo Crnomarković Auto put za Novi Sad 211 11080 Zemun Tel: + 381 11 3 77 46 30 office@cargobull.rs www.cargobull.rs SCHNEIDER ELECTRIC SRBIJA D.O.O. Dragoljub Damljanović Vladimira Popovića 38-40 11070 Belgrade Tel: + 381 11 3773 113 dejan.markovic@ schneider-electric.com www.schneider-electric.com SCHUCH D.O.O. Steve Hoffmann Đorđa Stanojevića 11đ 11070 Belgrad Tel: + 38111 630 33 18 d.devic@schuch24.com www.schuch24.com SCIRENT CLINICAL RESEARCH AND SCIENCE D.O.O. Jovan Vesković Alekse Nenadovića 31/2/10 11000 Belgrad Tel: + 381 11 3088 667 info@scirent.org scirent.org SECURITAS SERVICES D.O.O. Aleksandar Hajduković Milentija Popovića 9 11070 Belgrad Tel: + 381 11 228 40 50 office@securitas.co.rs www.securitas.co.rs SEE BUSINESS EMBASSIES D.O.O. Paulo Henrique Dias Bul. Mihajla Pupina 6/19 11070 Belgrade Tel: + 381 11 715 68 02 EMEA.Sales@regus.com www.seeoffices.rs SGS BELGRADE D.O.O. Marinko Ukropina Jurija Gagarina 7B 11070 Belgrade Tel: + 381 11 71 55 277 sgs.Belgrade@sgs.com www.sgs.com SHIPCARE MANAGEMENT GMBH & CO. KG Falk Holtmann Zeissstrasse 1 49733 Haren Ems Tel: 49 441 770 50 80 info@shipcare.de; www.shipcare.de SIEMENS D.O.O. Udo Ajhlinger Omladinskih brigada 21 11070 Belgrade Tel: + 381 11 20 96 305 office.rs@siemens.com www.siemens.rs SINGI INZENJERING D.O.O. Aleksandar Marinović Molerova 74/6 11000 Belgrade Tel: + 381 11 244 9054 prodaja@singi.rs www.singi.rs SIXSENTIX D.O.O. Branko Milikić

Temerinska 102 21000 Novi Sad Tel: + 381 64 644 11 86 info.serbia@sixsentix.com www.sixsentix.com SKVOŠLEND D.O.O. Snežana Jovanović Kneza Višeslava 27 11000 Belgrade Tel: + 381 11 754 80 40 uprava@squashland.com www.squashland.com SLOBODNA CARINSKA ZONA SVILAJNAC Marina Maksić Svetog Save 101 35710 Svilajnac Tel: + 381 35 312 151 slobodna.zona@svilajnac.rs www.usz.gov.rs SLOVAS D.O.O. Slobodan Vasiljević Bul. oslobođenja 106 32000 Čačak Tel: + 381 32 374 444 slovas@slovas.rs www.slovas.rs SOPREX D.O.O. Smilja Stojilković Takovska 45A/3 11000 Belgrad Tel: + 381 11 3342 545 smilja.stoiljkovic@ soprex.com www.soprex.com SOS DECIJE SELO – KRALJEVO Vesna Marković Jokanović Prvomajska 46 A 36103 Kraljevo Tel: + 381 36 375 452 vesna@sos-kraljevo.org www.sos-kraljevo.org SPIEGELFELD INTERNATIONAL D.O.O. Radivoje Nijemčević Milentija Popovića 5a 11070 Belgrade Tel: + 381 11 6603 720 sofija.vojnovic@spiegelfeld.eu www.spiegelfeld.eu ŠTAMPA SISTEM D.O.O. Vasilije Zerdo Milutina Milankovića 19 11070 Belgrad Tel: + 381 11 715 95 34 office@stampa.rs www.mojkioskstampa.rs STAR IMPORT D.O.O. Rolf-Jűrgen Seyerle Omladinskih Brigada 33 11070 Belgrade Tel: + 381 11 301 90 01 informacije@starimport.rs www.mercedes-benz.rs STIHL D.O.O. Dijana Peškir Batajnički drum 194b 11080 Belgrade Tel: + 381 11 6556 384 office@stihl.rs www.stihl.rs STRATEGA EAST D.O.O. Zoran Ignjatović Topličin venac 19-21 11000 Belgrade Tel: + 381 11 2028 044 zak@strategaeast.com strategaeast.com SUPERIOR D.O.O. Nebojša Đinović Bul. Oslobodjenja 132 11320 Velika Plana Tel: + 381 26 415 01 50 milan.eric@ superior-seeds.com www.superior-seeds.com TEBODIN D.O.O. Zoran Petrović Bul. Zorana Đinđića 73/VI/18 11070 Belgrade Tel: + 381 11 313 24 65 tebodin.rs@tebodin.com www.tebodin.bilfinger.com TECON SISTEM D.O.O. Slađana Petrović Antifašističke borbe 21 b 11070 Belgrade Tel: + 381 11 301 78 74

office@tecon.rs www.tecon.rs TEHPRO D.O.O. Zoran Šukalo Lole Ribara 120 11250 Belgrade Tel: + 381 11 2580 911 kontakt@tehpro.rs www.tehpro.rs TELEOPTIK - GASNA OPREMA D.O.O. Lela Lakić Tršćanska 21 11080Belgrade Tel: + 381 11 316 00 16 teleoptik.gasna@open. telekom.rs www.teleoptik.co.rs TELESIGN D.O.O. Nenad Vučinić Tresnjinog cveta 1 11070 Belgrade Tel: + 381 11 76 57 500 okrstic@telesign.com www.telesig.com TERMOINZENJERING D.O.O. Nebojša Miletić Miloja Đaka 2, 11040 Belgrade Tel: + 381 11 2065 400 office@termoinzenjering.com www.termoinzenjering.com THALES TRANSPORTATION SYSTEM GMBH Volker Schenk Thalesplatz 1, 71254 Ditzingen thalesgroup.com Tel: 49 711 869 46890 henrik.klaner@ www.thalesgroup.com TIM CENTAR D.O.O. Milica Novkov Svetozara Miletića 32 21000 Novi Sad Tel: + 381 21 527 013 office@timcentar.rs www.timcentar.rs TMF SERVICES DO.O. BELGRADE Predrag Krdžić Bul. Zorana Đinđića 64a 11070 Belgrad Tel: + 381 11 220 93 00 serbia@tmf-group.com www.tmf-group.com TMS CEE D.O.O. Boško Gavović Rudnička 2, 11118 Belgrade Tel: + 381 11 244 11 11 office@tms.rs, www.tms.rs TPA HORWATH SRBIJA Bojan Žepinić Makedonska 30/III 11000 Belgrad Tel: + 381 11 65 58 800 office@tpa-horwath.rs www.tpa-horwath.rs TRANSFER PRICING SERVICES D.O.O. Marko Milojević Svetozara Markovica 2/5 11000 Belgrade Tel: + 381 11 4081 715 marko.milojevic@ transferpricingserbia.rs www.transferpricingserbia.rs TRC PRO TECHNICAL RESEARCH CENTER Hotimir Ličen Peradovićeva 31 21131 Petrovaradin Tel: + 381 21 64 33 774 hotimir.licen@trcpro.rs www.trcpro.rs TRUCK LITE EUROPE GMBH Stephan Pfingsten Vor dem Melmen 8-10 99817 Eisenach Tel: 49 36920 870 service@truck-lite.eu.com www.truck-lite.eu.com TURISTIČKA ORGANIZACIJA NEMAČKE GERMANY TRAVEL Petra Hedorfer Knez Mihailova 9 11000 Belgrad Tel: + 381 11 655 54 62

www.germanu.travel TÜV RHEINLAND INTERCERT D.O.O. Vladimir Todorović Kosovska 10 11000 Belgrade Tel: + 381 11 3616 156 lena.Urosevic@rs.tuv.com www.tuvrheinland.rs UNICREDIT BANK A.D. Claudio Cesario Rajićeva 27 - 29 11000 Belgrade Tel: + 381 11 320 45 90 office@unicreditgroup.rs www.unicreditbank.rs UNIFARM-MEDICOM D.O.O. Dragana Jaćović Cara Dušana 264 11080 Belgrade Tel: + 381 11 316 82 06 office@unifarm-medicom.rs www.unifarm-medicom.rs VAILLANT D.O.O. Zoran Biserčić Radnička 59 11030 Belgrade Tel: + 381 11 3540 050 info@vaillant.rs www.vaillant.rs VALMAN D.O.O. Goran Galić Gospodara Vučića 35/I/3 11000 Belgrade Tel: + 381 11 744 60 94 info@valman.rs www.valman.rs VB LEASING D.O.O. BELGRADE Christoph Leitner Đorđa Stanojevića 12 11070 Belgrade Tel: + 381 11 2016 560 office@vbleasing.rs www.vbleasing.rs VIA OCEL D.O.O. Predrag Šekeljić Tadeuša Košćuška 56 11000 Belgrade Tel: + 381 11 6557 929 office@viaocel.rs www.viaocel.rs VICTORIA GROUP Claudio Scarrozza Bul. Mihajla Pupina 115b 11070 Belgrad Tel: + 381 11 3532 700 office@victoriagroup.rs www.victoriagroup.rs VIESSMANN D.O.O. BELGRADE Bojan Grujicki Tabanovačka 3 11000 Belgrade Tel: + 381 11 309 78 87 viessmann.srb@sbb.rs www.viessmann.co.rs VIP MOBILE D.O.O. Andreas Graf Omladinskih brigada 21 11070 Belgrade Tel: + 381 11 225 61 00 komunikacije@vipmobile.rs www.vipmobile.rs VPC EAST D.O.O. Dr. Daniel Seibt Denis Vukašinović Nemanjina 34 11000 Belgrad Tel: + 381 11 361 81 33 daniel.seibt@vpc-group.biz www.wpc-group.biz WEISHAUPT D.O.O. BELGRADE Igor Herman Omladinskih brigada 88 11070 Belgrade Tel: +381 11 35 33 430 info@weishaupt.rs www.weishaupt.rs WIG D.O.O. Snežana Gavrilović Pirec Puškinova 1c, 11000 Belgrade Tel: + 381 11 39 53 000 info@wig.rs, www.wig.rs WILO BELGRADE D.O.O. Dragan Simonović Tetovska 72, 11000 Belgrad Tel: + 381 11 285 32 58

office@wilo.rs www.wilo.rs WINTERHALTER GASTRONOM YU D.O.O. Zorica Mitrović Zrenjanski put 84c 11000 Belgrade Tel: + 381 11 2085 950 info@winterhalter.rs www.winterhalte.rs WOLF GMBH Bernhard Steppe Postfach 1380 , Industriestr. 1 84048 Mainburg Tel: 49 8751 740 info@wolf-heiztechnik.de www.wolf-heiztechnik.de WOOD MASTER D.O.O. Ivan Stojaković Majora Gavrilovića 1 14000 Valjevo Tel: + 381 14 292 100 office@woodmaster.rs www.woodmaster.com XELLA SRBIJA D.O.O. Nikola Boroja Diše Đurđevića bb 11560 Vreoci Tel: + 381 11 4427 400 ytong-serbia@xella.com www.ytong.rs ZOP INZENJERING D.O.O. Zoran Opačić Karađorđeva 61 11000 Belgrade Tel: + 381 11 628 6802 office@zopinzenjering.com www.zopinzenjering.com

11070 Belgrade Tel: + 381 11 269 29 87 AUTOTECHNICA SERBIA D.O.O. (HERTZ) Dimitris Mangioros Đorđa Stanojevića 14 11070 Belgrade Tel: + 381 11 202 82 00 office@hertz.rs www.hertz.rs ARTIUS D.O.O. Ioannis Tseperkas Kraljice Natalije 45 11000 Belgrade Tel: + 381 11 264 24 99 serbia@artius-signs.com www.artius-signs.com ARRIKTON PORTA D.O.O. Konstantinos Bithas Dragoslava Srejovića 1b 11000 Belgrade Tel: + 381 11 228 39 53 beograd@arrikton.com www.arrikton.gr ARXIKON GRADNJA D.O.O. Konstantinos Papanikolaou Vladimira Popovića 6 11070 Belgrade Tel: + 381 11 405 77 54 info@arxikon.co.rs www.arxikon.co.rs ATTICA MEDIA SRB D.O.O. Danijela Jovanović Takovska 45, 11000 Belgrade Tel: + 381 11 264 84 36 o www.atticamedia.rs office@atticamedia.rs AUTO KILER HELLAS D.O.O. Iraklis Kirkinezis Lazara Mamuzića 16c 11186 Belgrade, Galenika Tel: + 381 11 773 20 25 autokilerhellas@gmail.com AXON COMPANY D.O.O. Milka Vujanović GREECE Mihaila Gajica Kale 9a AGKISTRI GREEK 11260 Umka – Pecani, Belgrade RESTAURANT OUZERI Tel: + 381 11 802 65 46 axon@axon.rs, www.axon.rs Nikolaos Petronikolos Bul. Zorana Đinđića 44 B92 AD 11070 Belgrade Vladan Anđelković Tel: + 381 11 267 13 70 Dimitrios Papadopoulos info@htd.rs Autoput za Zagreb 22 www.agkistri.rs 11090 Belgrade Tel: + 381 11 301 20 00 ALINI FOODS D.O.O. marketing@b92.net STEFANOS PERISTERAKIS www.b92.net Nebojša Cvetković Milutina Milankovića 9ž BALKAN CARGO D.O.O. 11070 Belgrade Darko Asik Tel: + 381 11 441 46 06 Španskih Boraca 24/b office@alinifoods.com 11070 Belgrade www.alinifoods.com Tel: + 381 11 313 31 52 office@balkancargo.rs ALFA FOODS D.O.O. Themistoklis Triantafyllidis www.balkancargo.rs Bul. Mihaila Pupina 10A / L35 BEOGRADSKO 11070 Belgrade MEŠOVITO PREDUZEĆE Tel: + 381 11 301 77 50 Homayoon Amirparviz www.alfapastry.rs Milentija Popovića 5 11070 Belgrade ALPHA TREND D.O.O. Tel: + 381 11 301 12 24 Argyrios Pissiotis abanjac@bmp.co.rs Balkanska 9 11000 Belgrade www.hyattregencybeograd.rs Tel: + 381 11 361 10 31 BYZANTIO KESIDIS arp131@yahoo.com GROUP D.O.O. ALUMIL YU Pangratios Kessidis Miška Jovanovića 24v INDUSTRY D.O.O. 11000 Belgrade Rita Lozinsky Tel: + 381 11 397 33 07 Vojački put 3 info@kesidisgroup.com 22330 Nova Pazova www.kesidisgroup.com Tel: + 381 22 321 302 alumilindustry@eunet.rs CYCLE CREDIT D.O.O. serbia@alumil.com Georgios Panoutsopoulos www.alumil.com Omladinskih Brigada 90v 11070 Belgrade ALUMINCO SRB D.O.O. Tel: + 381 11 321 94 00 Dimitrios Karras office@cyclecredit.rs 29.novembra bb www.cyclecredit.rs 11460 Barajevo, Belgrade Tel: + 381 11 787 55 30 CHALDOUPIS aluminco.sar@aluminco.com & PARTNERS D.O.O. www.aluminco.com Charis Chaldoupis Miška Jovanovića 24 AKTOR A.T.E. 11000 Belgrade Dimitrios Arvanitis Tel: + 381 11 397 33 07 Milutina Milankovića 19a info@kesidisgroup.com 11070 Belgrade www.kesidisgroup.com Tel: + 381 11 228 94 21 info@aktor.gr CHIPITA YU A.D. www.aktor.gr Stylianos Zakof Bul.Mihajla Pupina 10v ANAMET D.O.O. 11070 Belgrade Snežana Maksimović Bul. Arsenija Čarnojevića 52A Tel: + 381 11 3122 081

rsoffice@chipita.com www.chipita.com CLIVERE D.O.O. Georgios Soldatos Vassilios Nedeltsos Aleksandra Popovića 4 11080 Altina, Belgrade Tel: + 381 11 316 97 76 info@clivere.com sales@clivere.com www.clivere.com CONGRESS RENTAL L.T.D. Aleksandar Ilić Ramadanska 16c 11000 Belgrade Tel: + 381 11 208 44 10 rental@congressrental.eu www.congressrental.rs CRVENKA SUGAR FACTORY Petros Gemintzis Zoran Subić Masarikova 7 25220 Crvenka Tel: + 381 25 573 11 22 info@secerana-crvenka.rs www.secerana-crvenka.rs AD ŠAJKAŠKA – HELLENIC SUGAR INDUSTRY A.D. Petros Gemintzis Curuski Put 3 - Ind. Zona 21230 Žabalj Tel: + 381 21 831 462 office@secerana-zabalj.co.rs www.secerana-zabalj.co.rs DANOS SERBIA Eleftherios Bacharopoulos Španskih boraca 3 11070 Belgrade Tel: + 381 11 260 13 50 office@danos.rs www.danos.rs DIASTASI CONSTRUCTION D.O.O. Georgios Simopoulos Kneza Miloša 95 11000 Belgrade Tel: + 381 11 361 24 26 office@diastasicon.rs www.diastasicon.gr DIOSCOUROI PADIG D.O.O. Georgios Papanastasiou Cara Lazara 53 37000 Kruševac Tel: + 381 37 445 575 pap-timber@open. telekom.rs EASY FACILITIES MANAGEMENT D.O.O. Natalija Janković Rade Končara 25 11080 Belgrade Tel: +381 11 316 13 30 info.sr@easyfacilities.com www.easyfacilities.com EKI TRANSFERS D.O.O. Mirjana Zečević Kosovska 1/V, 11000 Belgrade Tel: + 381 11 330 03 00 info@wu.co.rs www.wu.co.rs EKO SERBIA Vuk Radonić Tošin bunar 274a 11070 Belgrade Tel: + 381 11 206 15 07 sales@hellenic-petroleum.rs www.ekoserbia.com ELTON CORPORATION D.O.O. Panagiota Papathanasiou Sanje Živanovića 27a 11000 Belgrade Tel: +381 11 655 51 13 info.belgrade@elton-group.com www.eltoncorp.rs ELVIAL D.O.O. Goran Prodanović Batajnicki drum krug EI put 23 11080 Belgrade Tel: + 381 11 610 01 11 office@elvial.rs www.elvial.gr ERMIMASS D.O.O. Ioannis Massaras Beogradska 31/50 11000 Belgrade Tel: + 381 11 324 14 84 info@coffeebrands.rs

www.coffeebrands.rs ETEM S.C.G. D.O.O. Ivana Ognjanović Industrijska Zona bb 22330 Nova Pazova Tel: +381 22 328 019 etem.sr@etem.com www.etem.rs EUROBANK A.D. Slavica Pavlović Antonis Chatzistamatiou Vuka Karadžića 10 11000 Belgrade Tel: + 381 11 206 58 80 office@eurobank.rs cabinet@eurobank.rs www.eurobank.rs EUROBANK LEASING A.D. Vladan Miljanović Vuka Karadžića 10 11000 Belgrade Tel: + 381 11 320 75 81 info@efgpropertyservices.rs www.efgleasing.rs EUROBANK PROPERTY SERVICES D.O.O. Ladislav Tomašević Vuka Karadžića 10 11000 Belgrade Tel: + 381 11 302 75 81 www.efgpropertyservices.rs ERNST & YOUNG D.O.O. Dragana Jović Španskih boraca 3/5 11070 Belgrade Tel: + 381 11 209 58 00 E-TELESERV Efthymios Partsalis Jurija Gagarina 7 11070 New Belgrade Tel: + 381 11 204 05 00 office@e-teleserv.rs www.e-teleserv.rs EUCONS GROUP ZORAN ANĐELKOVIĆ & PARTNERS Zoran Andjelković Kralja Milana 7/V 11000 Belgrade Tel: + 381 11 324 68 41 office@eucons.rs www.eucons.rs EXTRA COFFEE D.O.O. Kostantinos Nektarios Giovanis Dimitrija Sabova 14a 21205 Sremski Karlovci grckavina@yahoo.com EVEXIA HEALTH CLUB D.O.O. Georgios Karadimas Strahinji'a Bana 74/VI 11000 Belgrade Tel:+ 381 11 262 61 31 evexia.health@gmail.com www.evexia.rs FAMA GLOBAL D.O.O. Konstantinos Koutsokostas Bul. Milutina Milankovića 9z 11070 Belgrade Tel: + 381 11 441 45 31 info@fama.rs www.fama.rs FAST START D.O.O., HRANA MEDITERANA Petros Gemintzis Majo Hodžić Oskara Daviča 42 11080 Belgrade Tel: + 381 11 404 79 30 office@faststart.rs www.faststart.rs FILIPPAS GROUP D.O.O. Filipas Panagiotidis Bul. Kralja Aleksandra 86 11000 Belgrade Tel: + 381 11 337 04 53 office@filippasgroup.com www.filippasgroup.com FLEXOSYSTEMS D.O.O. Vasileios Kyro Jurija Gagarina 28/29 11070 Belgrade Tel: + 381 11 228 67 89 office@flexosystems.rs www.flexosystems.rs FORSPED BELGRADE D.O.O. Kyriakos Forozidis Jurija Gagarina 14N-48

11070 Belgrade info@forspedserbia.rs export@forspedserbia.rs FOX TELEVIZIJA D.O.O. PRVA SRPSKA TELEVIZIJA Nikolaos Angelopoulos Manja Grčić Autoput 22, 11080 Belgrade Tel: + 381 11 209 10 00 info@prva.rs, www.prva.rs FPTRAVEL PATRIKALOS SERBIA Gordana Lazarevic Sicović Karađorđeva 83 11000 Belgrade Tel: + 381 11 761 47 87 fptravelpatrikalos@gmail.com www.fptravelpatrikalos.rs GLOBE WILLIAMS SERBIA Panagiotis Makris Geršićeva 11, 11000 Belgrade Tel: + 381 11 240 93 09 serbia@globewilliams.com www.globewilliams.rs GRAND CASINO BELGRADE Sokratis Charitatos Stamatis Diavatidis Bul. Nikole Tesle 3 11080 Zemun Tel: + 381 11 220 28 01 info@grandcasinobeograd.com www.grandcasinobeograd.com HAPPENING SRB D.O.O. Spyridon Gkinis Ugrinovacka 179 11080 Belgrade Tel: + 381 11 375 00 23 hppngsrboffice@gmail.com www.happening.com.gr HELLAS COMPUTERS D.O.O. Selekidis Aleks Ustanička 17, 11000 Belgrade Tel: + 381 11 344 03 00 www.hellas.rs HOTEL EXCELSIOR A.D. Zafeirios Lampadaridis Kneza Miloša 5, 11000 Belgrade Tel: + 381 11 323 13 81 sales@hotelexcelsior.rs www.hotelexcelsior.co.rs HOTEL BRAIN Nikola Senesi Radovana Dragovića 12 11 000 Belgrade Tel: + 381 11 355 57 00 info.serbia@hotelbrain.com www.hotelbrain.com HRISTOS D.O.O. Christos Papadimitriou Stojana Matića 11a 11 000 Belgrade Tel: + 381 11 239 92 54 klimabeo@yahoo.gr www.klimatizacija.rs IASIS TECHNOLOGIES Nikos Skyvalidas Bul. Zorana Đinđića 45b 11 070 Belgrade Tel: + 381 11 322 12 06 info@iasistech.rs www.iasistech.rs IKRP ROKAS & PARTNERS D.O.O. Vuk Stanković Tadeuša Košćuška 30 11000 Belgrade Tel: + 381 11 263 51 84 belgrade@rokas.com www.rokas.com IMO PROPERTY SERVICES A.D. Violeta Đorđević Vuka Karadžića 10 11000 Belgrade Tel: + 381 11 302 75 21 ICAP BUSINESS SERVICES D.O.O. SERBIA Georgios Panoutsopoulos Omladinskih brigada 90v 11 070 Belgrade Tel: + 381 11 321 94 20 icap@icap.rs www.icap.rs IN HOTEL – NEW COMPANY D.O.O. Christoforos Petris Ružica Dedijer Petrović Bul. Arsenija Čarnojevića 56

2017

11070 Belgrade Tel: + 381 11 310 53 54 frontoffice@ inhotel-belgrade.rs www.inhotel-belgrade.com INTERNATIONAL STONECRETE COMPANY Ioannis Dangoulidis Slavoljub Krstić Kraljice Natalije 86a 11000 Belgrade Tel: + 381 11 347 01 87 office@stonecrete.rs www.stonecrete.rs INOS BALKAN D.O.O. Kalin Yonov Iosif Vangelatos Mirka Obradovića bb 14 000, Valjevo Bul.Arsenija Čarnojevića 52A 11070 Belgrade Tel + 381 14 227 469 contact@inosbalkan.com www.inosbalkan.com INTELLI D.O.O. Pavlos Tsiorkas Pančevački put 38 11000 Belgrade Tel: + 381 11 331 93 17 info@intelli-corp.com www.intelli.rs INTRACOM TELECOM D.O.O. Efthymios Partsalis Jurija Gagarina 7 11070 Belgrade Tel: + 381 11 204 05 00 office@intracom.rs www.intracom.rs ISOMAT Spyridon Vlachos Prhovačka bb 22310 Šimanovci Tel: + 381 22 215 01 00 info@isomat.co.rs www.isomat.co.rs ISOBAU HELLAS S.A. BISAL GROUP D.O.O. Biljana Sekulović Ustanička 17, 11000 Belgrade Tel: +381 11 244 99 97 bisalgroup@beotel.net www.bisalgroup.com JUNIOR BRUS A.D. Nikos Sliousarenko Brzeće BB, 37220 Brus Tel: + 381 37 823 355 info@junior-kopaonik.com www.juniorhotel.rs KLEEMANN ELEVATORS D.O.O. Odyssefs Markakis Golubačka bb 22310 Šimanovci Tel: + 381 22 409 000 office@kleemann.rs www.kleemann.rs KLSER COMMERCE D.O.O., MOTHERCARE (DELTA CITY), MOTHERCARE (UŠĆE) Ioannis Lappas Ioannis Skovolas Bul. Arsenija Čarnojevića 101 11070 Belgrade Tel: + 381 11 220 39 08 mothercaresrb@vektor.net usce@mothercare.gr www.mothercare.gr KONTOS D.O.O. Georgios Nikolaidis Dimitrija Tucovića bb 18000 Niš Tel: +381 18 456 50 09 kontosdoo@live.com www.kontos.co.rs KONTOS BALKAN Danijela Stojiljković Dimitrija Tucovića bb 18 000 NIŠ Tel: +381 18 456 50 09 kontosdoo@live.com www.kontos.co.rs KUMAKIS D.O.O. Georgios Iosifidis Antifašističke Borbe 38, Lok.2&3, P.C., 11070 Belgrade Tel: +381 11 301 52 46 serbia@koumakis.gr www.koumakis.gr LASER PROFESSIONAL CENTER Theodoros Dimoulias

Save Tekelije 1a/3 11000 Belgrade Tel: +381 11 407 96 78 office@laserprofessional.rs www.laserprofessional.rs LETO SHOP Dimitris Kritikos Auto put Beograd-Niš, oznaka b, lokacija 7 11000 Belgrade Tel: +381 11 347 80 22 info@letoshop.rs www.letoshop.rs LG HEMIJA D.O.O. Georgios Elefterakis Bul. Mihaila Pupina 3/4 11070 Belgrade Tel: + 381 11 660 01 91 lghemija@eunet.rs office@lghemija.co.rs www.lghemija.co.rs MAYAK NEOFYTOS TRAVEL AGENCY D.O.O. Neofytos Kiourtzidis Topličin Venac 3 11000 Belgrade Tel: +381 11 405 58 47 office@mayaktours.com www.mayaktravel.com MDF EUROSOLES D.O.O. Fotios Fotakidis Industrijska b.b.

15214 Debeljača Tel: +381 13 665 662 office@eurosoles.eu www.eurosoles.eu MELLON SERBIA Stefanos Karapetsis Bul. despota Stefana 68c 11000 Belgrade Tel: + 381 11 715 04 00 office@mellon.rs www.mellongroup.com METROPOL PALACE Theocharis Neofytidis Bul.kralja Aleksandra 69 11 000 Belgrade Tel: + 381 11 333 31 00 office@metropolpalace.com www.metropolpalace.com MINOAN BINDING LAMINATING MBL D.O.O. Georgios Kalaitzakis Jovanke Radaković 33a 11000 Belgrade Tel: +381 11 277 47 55 minoan@sezampro.rs www.minoan.rs MORENOS D.O.O. Đurica Lazović Crnotravska 1B/44 Gospodar Jovanova 73 11000 Belgrade Tel: +381 11 266 16 22 www.e-morenos.com MOUZENIDIS TRAVEL D.O.O. Biljana Mitrović Brankova 32, 11000 Belgrade Tel: +381 11 411 40 00 info@mouzenidis.rs www.mouzenidis.rs METALVALIUS D.O.O. Iosif Vangelatos Mirka Obradovića bb 14000 Valjevo Tel: + 381 14 221 560 NBG LEASING D.O.O. Silvana Tričković Airport City, Omladinskih brigada 88a, 11070 Belgrade Tel: +381 11 228 79 82 office@nbgleasing.rs www.nbgleasing.rs NBG SERVICES D.O.O. Dejan Kocić Airport City, Omladinskih brigada 88a; 11070 Belgrade Tel: +381 11 228 79 82 NUTRILEADERS D.O.O. George Poultsidis Brace Ribnikar 63/3 21000 NOVI SAD Tel: +381 21 661 06 14 info@nutrileaders.com www.nutrileaders.com OLIMPIA DIAGNOSTIC CENTER D.O.O. Nikos Skyvalidas Antifašističke borbe 29

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11070 Belgrade Tel: +381 11 311 13 82 office@olimpia-odc.rs www.olimpia-odc.rs P.V.F. TRADERS D.O.O. Theodor Gounaropoulos Vodovodska 158 11000 Belgrade Tel: +381 11 239 15 34 Fax: +381 11 239 15 34 office@pvftraders.com www.pvftraders.com PALO TECHNOLOGIES Panagiotis Tsantilas Kosovska 6, 11 000 Belgrade Tel: + 381 11 324 56 14 nda@paloservices.com www.palo.rs PIRAEUS BANKA Vojislav Lazarevic Milentija Popovića 5b 11 070 Belgrade Tel: + 381 11 302 40 77 Fax: + 381 11 302 40 45 banka@piraeusbank.rs www.piraeusbank.rs PHILOXENIA TRAVEL Georgios Kourkoudialos Bul. Kralja Aleksandra 44 11000 Belgrade Tel: +381 11 324 03 88 info@philoxeniatravel.com www.philoxeniatravel.com PIATAKIA D.O.O. Georgios Papanikolaou Novogradska 10 11080 Belgrade tavernapiatakia@gmail.com www.tavernapiatakia.com POINT SERVICES D.O.O – SERBIA Ioannis Koudounas Danilo Budimar 22. oktobra 27, 11080 Belgrade Tel: +381 11 375 05 50 info.serbia@pointservices.eu www.pointservices.eu PROFILCO YU D.O.O. Ratko Jeftić Antonios Athanasopoulos Autoput za Novi Sad 118 11080 Belgrade Tel:+381 11 377 94 00 profilco@mts.rs www.profilco.gr ROBNE KUĆE BEOGRAD Georgios Argyropoulos Vassilis Kakagiotis Makenzijeva 57 11000 Belgrade Tel: + 381 11 320 65 40 office@rkbeograd.rs www.rkbeograd.rs SARANTIS D.O.O. Petar Labudović Milutina Milankovica 27 11070 Belgrade Tel: +381 11 209 00 00 office@sarantis.rs www.sarantis.rs SFR – SERBIAN FACTORY FOR RECYCLING Slaviša Ognjanović 18220 Aleksinac Tel: +381 18 881 038 office@sfr.rs www.sfr.rs SIAMOS TOURS D.O.O. Vasileios Siamos Mihajla Bogićevića 5 11000 Belgrade Tel: +381 11 761 43 62 vsiamos@otenet.gr www.siamostours.rs SIDEBALK STEEL D.O.O. Iosif Vangelatos Bul. Arsenija Čarnojevića 52a/4, 11070 New Belgrade Tel: + 381 11 269 29 87 S.P. EURO-DOM CO. CO.D.O.O. Stefanos Papazoglou Predrag Karabasil Bul. Zorana Đinđića 95/3 11 070 Belgrade Tel: + 381 11 212 05 66 office@speurodom.com www.speurodom.com SOLAKIS ANTONIOS MARBLE D.O.O. Jugoslav Milovanović

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Kosovski Božur 6 34000 Kragujevac Tel: +381 34 370 497 serbia@solakismarble.com www.solakismarble.com SOLUNAC GYROS Tanja Ilić Terazije 36, 11000 Belgrade Tel: +381 11 362 66 10 solunacbg@sezampro.rs SPEKTAR COP D.O.O. Athanasios Alikaniotis Pančevački put 221 11000 Belgrade, Krnjača Tel: + 381 11 274 80 30 office@spektarcop.rs www.spektarcop.rs STONECRETE D.O.O. Ioannis Dangoulidis Vuka Karadzica 1b 22320 Inđija Tel: + 381 22 556 500 office@stonework.rs www.stonecrete.rs STORACT - DIMITRIADIS D.O.O. Predrag Dograjić Mihajla Todorovića 20 11000 Belgrade Tel: +381 11 347 49 60 info@storact.rs www.storact.rs SUPER VERO –VEROPULOS D.O.O. Lazar Gavran Milutina Milankovića 86a 11070 Belgrade Tel: + 381 11 311 91 11 office@veropoulos.rs www.supervero.rs SYNERGY TALENTS Hans Buster Milovana Marinkovica 4 11000 Belgrade, VOZDOVAC Tel: +381 11 276 34 67 welcome@synergytalents.com www.synergytalents.com TERNA S.A. Theodoros Tagkas Gospodar Jovanova 5 11000 Belgrade Tel: +381 11 328 67 35 office@terna.rs www.terna.gr TEXNI D.O.O. Nenad Radović Novosadski Put bb 11080 Belgrade Tel: +381 11 748 53 60 office@tehni.rs www.tehni.rs THA ARLA D.O.O. Christos Stergiou Svetozara Radojčića 80v 11000 Belgrade Tel:+381 11 404 94 10 office@thearla.rs www.thearla.com THE CONSILIA PARTNERS D.O.O. Minas N. Athanassiadis Ruzveltova 33, 3rd floor 11000 Belgrade Tel: +381 64 880 00 11 info@consiliabelgrade.com www.consiliabelgrade.com THE END OF LINE D.O.O. (M J MAILLIS GROUP) Patrikios Sarantakos Patriarha Dimitrija 24 11000 Belgrade, Rakovica Tel:+ 381 11 356 21 50 info@teolpack.com sales@teolpack.com www.teolpack.com THRACE PLASTICS PACKAGING D.O.O. Tatjana Miletić Cara Dušana bb 22330 Nova Pazova Tel: +381 22 321 555 info@thraceplastics.co.rs www.thraceplastics.gr THE UNIVERSITY OF SHEFFIELD INTERNATIONAL FACULTY, CITY COLLEGE Dr NIKOS DIMITRIADIS Vladimira Popovića 38 b 40

11070 Belgrade Tel: +381 11 715 69 05 www.citycollege.sheffield.eu TITAN CEMENTARA KOSJERIĆ D.O.O. Gligorijević Miroslav Živojina Mišića bb 31 260 Kosjerić Tel: + 381 31 590 333 cemkos@titan.rs www.titan.rs TSOMOKOS GROUP INTERNATIONAL D.O.O. – TGI Symeon Tsomokos Rige od Fere 8/4 11000 Belgrade Tel: +381 11 303 22 35 office@tsomokos.rs www.tsomokos.rs TRAVEL AGENCY JUNIOR Nikos Sliousarenko Bul. Umetnosti 27 11070 Belgrade Tel: +381 11 214 43 60 agency@junior-kopaonik.com UTR SOLUNAC Tanja Ilić Terazije 36, 11000 Belgrade Tel: +381 11 362 66 10 solunacbg@sezampro.rs V+O COMMUNICATION D.O.O. Natalija Racković Svetozara Markovića 2/3 11 000 Belgrade Tel: + 381 11 324 27 72 office@vando.rs www.vando.rs VAMP FASHION D.O.O. Sotiris Sianis Bul. Arsenija Čarnojevića 65/5/17, 11070 Belgrade Tel: +381 11 311 41 07 www.vamp.gr VITAVERDE D.O.O. Hans Buster Milovana Marinkovica 4 11000 Belgrade, Voždovac Tel: +381 11 276 34 67 welcome@vitaverde.gr www.vitaverde.gr VITEX - HERMES D.O.O. Prodromos Eftychidis Kralja Petra I 89 22330 Nova Pazova Tel: +381 22 323 133 admin@vitex.rs sales@vitex.rs www.vitex.gr VOJVOĐANSKA BANKA A.D. – NBG GROUP Marinos Vathis Bul. Mihaila Pupina 85b ( I broj 111), 11000 Belgrade Tel: +381 11 301 99 62 office@voban.groupnbg.com www.voban.co.rs VOJVODJANSKA BANKA A.D. - NBG GROUP Marinos Vathis Xenofon Damaskos Spyridon Ntallas Trg slobode 5-7, 21000 Novi Sad Tel: +381 21 4886735 office@voban.groupnbg.com www.voban.co.rs ZAČINI TOP Christos Konas Ugrinovački put, (deo 25) 32 11080 Zemun, Altina, Belgrade Tel: +381 11 408 72 14 prodaja@zacinishop.com www.zacinishop.com ZEELANDIA D.O.O. Ana Casić Nedeljković Kneza Mihaila 1-3 11000 Belgrade Tel: +381 11 263 78 61 promo@zeelandia.rs www.zeelandia.rs ZEUS AUTO D.O.O. Dimitrios Bogdanos Sretena Vukosavljevića 8 11000 Belgrade Tel: + 381 11 341 46 25 office@zeusauto.rs zeusservis@gmail.com www.zeusauto.rs

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QUALYSOFT INFORMATICS D.O.O. Jurija Gagarina 14ž/3 1070 Belgrade Tel: + 381 11 630 2045 office@qualysoft.rs HUNGARY www.qualysoft.rs EGROKORR TRADE PONT SYSTEM D.O.O. Milentije Popovića 30 Maksima Gorkog 23 11070 Belgrade 24000 Subotica Tel: 00 381 11 311 1871 Tel: + 381 63 8316 983 egrokorr.t@sezampro.rs stanko.nandor@ www.egrokorr.hu pontsystems.eu www.pontsystems.eu ELZETT – CERTA D.O.O. Pribojska 9, 24000 Subotica RICHTER GEDEON Tel: + 381 63 766 9852 SERBIA D.O.O. elzett@open.telekom.rs Vladimira Popovića str. 6 www.elzettsu.rs 11070 New Belgrade Tel: +381 11 260 8998 ELIOS SRB D.O.O. info@richter.rs Bulevar oslobođenja 127/4 www.richterserbia.com 21000 Novi Sad www.elios.hu EUROMAGNET SYSTEM D.O.O. Banijska 4 lokal 3 24000 Subotica office@euromagnet.rs INDIA www.euromagnet.rs EXCLUSIVE AGROPANONKA CHANGE (MAHINDRA & MAHINDRA TRACTORS REP.) Beogradska 57 11000 Belgrade Dragoljub Svonja kocsor@exchange.rs Filipa Višnjića 10 www.exchange.rs 21000 Novi Sad Tel:+381 21 524 844 FIRST LINE EXPERTS D.O.O. office@agropanonka.com Kralja Matije 4 www.agropanonka.co.rs 24340 Stara Moravica Tel: + 381 60 3657060 AMALGMATIONS LTD. info@firstline.hu (TAFE TRACTORS) www.firstline.rs V.P. Ahuja Ivankovačka 24 GOODWILL 11000 Belgrade PHARMA D.O.O. Tel: +381 11 275 40 37 Matija Gupca 5 vpa@tafe-serbia.com 24000 Subotica www.tafe.com Tel: + 381 24 554 495 www.goodwillpharma.com AGROGAS KESZ (“AUTOMAT INDUSTRY” INTERNATIONAL D.O.O. REPRESENTATIVE) Bul.Kneza Aleksandra Vladan Stojanović Karađorđevića 23 Milutina Milankovi'a 120a 11000 Belgrade 11070 Belgrade Tel: +381 (11) 36 74 408 Tel: +381 11 3114729 kesz@kesz.hu agrogas@agrogas.co.rs office@kesz.rs www.agrogas.co.rs www.kesz.rs FPM AGROMEHANIKA (SONALIKA TRACTORS) MASTERPLAST YU D.O.O. Bodrogvari Ferenc 172 Branislav Rajić 24000 Subotica Đorđa Simeonovića 25 Tel: + 381 24 625 825 19370 Boljevac office@masterplast.rs Tel: +381 30/463-531 www.masterplast.rs info@fpm-agromehanika.rs www.fpm-agromehanika.rs METRON D.O.O. Janošikova 16 A-LEK (HIMALAYA HERBAL 21000 Novi Sad DIETARY SUPPLEMENTS, office@metrongroup.eu PERSONAL CARE www.metrongroup.eu & TOILETRIES) MINI PANI D.O.O. Aleksandar Janković Timočka 4, 11104 Belgrade Hipodromska bb Tel: +381 11 344 0152 24107 Subotica alek.j@himalaya.co.rs Tel: + 381 24 621 521 www.himalaya.co.rs kontakt@minipani.com info@minipani.com EMBASSY TECHZONES www.minipani.com D.O.O. (IT PARK) MOL SRBIJA D.O.O. Jitendra Mohandas Virwani Dedinjska 10, 11000 Belgrade Omladinskih Brigada 88 Tel: +381 11 2660726 11070 New Belgrade office@embassytechzones.rs Tel: + 381 11 2096-900 www.embassytechzones.rs info@molserbia.rs www.molserbia.rs TAL AVIATION (JET AIRWAYS) NITROPET D.O.O. Matije Corvina 15 Veljko Markovi' 24000 Subotica Knez Mihailova 30/IV Tel: + 381 62 262 779 11000 Belgrade nitropet.rs@nitrogen.hu Tel: +381 11 263 13 27 www.nitrogen.hu sales@talaviation.rs www.talaviation.com/serbia OTP BANKA SRBIJA A.D. Bulevar oslobođenja 80 UTI D.O.O. (PANACEA 21000 Novi Sad BIOTEC REPRESENTATIVE) Nemanjina 46 Dragana Grubić 11000 Belgrade Cara Uroša 17, 11000 Belgrade Tel: + 381 21 48 000 00 Tel: +381 11 303 38 31 office@otpbanka.rs uti.zvonce@sbb.rs www.otpbanka.rs www.panacea-biotec.com ŐRMESTER - SECURITY MEDICO UNO SERVICE D.O.O. (RANBAXY Kireska 12, 24000 Subotica REPRESENTATIVE) Tel: + 381 24 528 700 Andrija Mitić serbia@ormester.rs Pančevački put 38 zsolt.posa@ormester.hu 11120 Belgrade www.ormester.rs Tel: +381 11 331 85 71

andrija.mitic@medicouno.com www.medicouno.com PROMEDIA D.O.O. (HIMEDIA LABORATORIES PVT. LTD) Milan Jovanović Kralja Petra I 114, 23300 Kikinda Tel: 0230 40 11 50 office@promedia.rs www.promedia.rs TTM KOMERC (MAHINDRA VEHICLES) Zoran Likić Slanački put 26b, 11000 Belgrade Tel: +381 11 278 19 10 ttmkom@eunet.rs www.ttm.rs UNIS-USHA (CABLES, STEEL WIRES) Aleksandar Mandić Zagrebačka 9, 11000 Belgrade Tel: +38111 2182 280 unisusha1@gmail.com www.unisusha.com

INDONESIA DELTA DANUBE D.O.O. Sunil Mamgain Industrijska zona blok 119 26220 Kovin INDOADRIATIC INDUSTRY D.O.O. Antonius Trisna Wanda Industrijska zona Severoistok, Industrijska 3 22320 Inđija office@indoadriaticindustry.com www.indoadriaticindustry.com INDO SERBIA FOOD D.O.O. Borhesova 25, 11080 Zemun Tel: +381 11 377 47 57 office@indoserbiafood.com www.indoserbiafood.com

ISRAEL ADAMA SRB D.O.O. Dušica Tošić Bul. Mihaila Pupina 6, PC Ušće, X sprat, 11070 Belgrade Tel: + 381 11 785 85 00 dusica.tosic@adama.com www.adama.com ADIRAH D.O.O. Vlada Veličković Narodnih heroja 63 11070 Belgrade Tel: +381 11 311 10 35 www.adirah.rs AIRPORT CITY BELGRADE MR.ADIR EL AL Omladinskih brigada 88 11070 Belgrade Tel: +381 11 2090525 office@airportcitybelgrade.com www.airportcitybelgrade.com AVITAL D.O.O. Assaf Dotan Rajićeva 1 11000 Belgrade Tel: +381 11 2625684 office@avital.rs www.avital.rs AVIV ARLON HOLDING D.O.O. Iftach Alony Vladimira Popovića 6 11070 Belgrade Tel: +381 11 7121 608 office@avivpark.rs www.avivpark.rs BIG CEE SERBIA Robert Yahav Milutina Milankovica 11b/III 11070 Belgrade Tel: +381 78 57 090 robert.yahav@big-cee.com bigcenters.rs

DIRECT CAPITAL S Gil Dekel Dalmatinska 34 11000 Belgrade Tel: +381 11 78 58 746 moshe@europort.co.il ENGEL MARINA DORĆOL D.O.O. Milena Amon Miletnija Popovica 5a 11070 Belgrade Tel: + 381 11 655 71 77 office@marina-dorcol.com www.engel-marina -dorcol.com EUROPRO CONCEPT CONSULTING D.O.O. Petru Varadi Nebojšina 8, 11000 Belgrade Tel: +381 11 3836913 office@europro.rs www.europro.rs FIRESTARTER Eldad Adir Zenati firestarter@ipyro.me GO4STAR D.O.O. Shanir Ovadia Krušedolska 3/5 11000 Belgrade Tel: +381 11 31 31 172 shanir.ovadia@go4star.pl office@go4star.rs www.go4star.rs GRAND MOTORS Stanko Radić Milutina Milankovića 21 11070 New Belgrade Tel: +381 11 2090600 stanko.radic@ford.rs www.ford.rs GTC BUSINESS PARK D.O.O. Pedja Petronijevic Vladimira Popovića 38-40 11070 New Belgrade Tel: +381 11 21 20 405 office@gtcserbia.com www.gtcserbia.com INDUSTRIAL BUILDINGS CORPORATIONS LTD. Nir Makdasi Totzeret Ha'aretz 7 Tel Aviv, IZREL Tel: +972-9-9717900 nir@building.co.il www. building.co.il INTEGO TRADE D.O.O. Maida Divac Đorđa Kratovca 1/9 11000 Belgrade Tel: +381 11 4085 654 maja.divac@intego.rs www.intego.rs KAVIM SERBIA Gery Reznik Lomina 67, 32000 Čačak Tel: +381 32 221 653 office@kavim-serbia.rs www.kavim-serbia.rs KOMPANI DIGITV D.O.O. Mr. Miroslav Janković Nušićeva 15, 11000 Belgrade Tel: +381 11 3348101 info.digitv@kompani.com www.kompani.com KVIS D.O.O. Moshe Cadouri Cara Dušana 205a 11080 Zemun Tel: +381 11 33 30 440 info@chery.rs, www.chery.rs LIVNICA PRECIZNIH ODLIVAKA D.O.O. Avner Shacham 24 novembra bb, 24430 Ada Tel: +381 24 851 807 preccast@lpo.rs www.lpo.rs LUDAN ENGNEERING D.O.O. Yehuda Sarid Kozjačka 2 11000 Belgrade Tel: +381 11 26 53 718 office@ludan.rs www.ludan.rs

LUXEMBOURG D.O.O. David Moshe Luxembourg Njegoševa 19/II 11000 Belgrade Tel: +381 11 2545023 branko@luxembourg.co.rs www.luxembourg.co.rs MAESTRO JEWELERS ISRAEL DIAMOND CENTER Anat Pisot Nušićeva 12a, 11000 Belgrade Tel: +381 11 334 44 59, shop@ maestro.rs www.maestro.rs MANTA SYSTEM D.O.O. Marko Antić Dr. Ivana Ribara 108 11070 Belgrade Tel: +381 11 2176304 office@mantasystem.rs www.mantasystem.rs MEDICOM D.O.O. Milan Jovanić Pocerska 3, 15000 Šabac Tel: +381 15 311 140 milan.jovanic@ medicom.rs www.medicom.rs MIVNE GROUP - ZEMUN PARK Miša Marković Autoput za Novi Sad 124126, 11080 Zemun Tel: +381 11 414 7052 misa@mivnegroup.co.il www.zemunpark.rs OMEGA INFORMATICKI INZENJERING Miloje Todorović Surčinska 21b/1 11070 Belgrade Tel: +381 11 2091 140 omegainfing@gmail.com PLAZA CENTERS MANAGEMENT D.O.O. Rabia Shihab Lazarevačka 1/5 11000 Belgrade Tel: +381 11 715 15 77 plazacenters@ plazacenters.com www.plazacenterserbia.rs PREDSTAVNIŠTVO RAMOT ELRAM MENAGMENT LTD BELGRADE Daniela Stojmanovska Gundulićev venac 48/II/2 11000 Belgrade Tel: +381 11 3343979 Ramot@ptt.rs www.ramot.biz RESTORAN SMOKVICA Reem Herts Omladinskih brigada 88 11070 Belgrade Tel: +381 69 44 64 054 office@smokvica.rs www.smokvica.rs STRAUSS ADRIATIC D.O.O. Siniša Daničić Miloša Obilića 41 22310 Šimanovci Tel: +381 22 408 000 sinisa.danicic@ strauss-group.rs www.strauss-group.rs TAHAL-FIDECOD.O.O. Itai Stadler Krunska 22/IV/20 11000 Belgrade Tel: +381 11 3605 400 office@tahal-fideco.rs www.tahal-fideco.rs TAL AVIATION BALKANS D.O.O. Veljko Marković Knez Mihailova 30/IV 11000 Belgrade Tel: + 381 11 2631 091 veljko.markovic@ talaviation.rs www.talaviation.com TELEGROUP D.O.O. Diana Gligorijević Svetozara Miletića 9a

allometal.simanovci@ gmail.com www.allometal.co.rs ATEKS D.O.O. Milorada Jovanovića 9 11000 Belgrade Tel: +381 11 305 11 17 info@ateks.rs informacije@ateksbg.com www.ateks.rs BALTHOR D.O.O. Makedonska 19 11000 Belgrade Tel./Fax: +381 11 337 37 12 balthor01@eunet.rs BANCA INTESA A.D. Milentija Popovića 7b 11070 Belgrade Tel: +381 11 201 12 00 jelena.b.miladinovic@ bancaintesa.rs www.bancaintesa.rs BECCHIS OSIRIDE D.O.O. Dragoslava Srejovića 89 34000 Kragujevac Tel: +381 34 334 455 kragujevac@becchis.com www.becchisosiride.it BENETTON SERBIA Pantelejska 58, 18000 Niš Tel: +381 18 428 60 00 info.serbia@ benetton.com BENVENTO-UMS Dragiše Mišovića 199 32000 Čačak Tel./Fax: +381 32 375 300 benevento@open. telekom.rs www.benevento.rs BEOCOLOR – CHEMCO D.O.O. Knez Mihajlova 2 11000 Belgrade Tel./Fax: +381 11 328 40 35 office@beocolor.rs BEOTUBI D.O.O. Milutina Milankovića 34 11070 New Belgrade Tel: +381 11 212 00 12 beotubi@gmail.com www.beotubi.co.rs BIS MANUFAKTURA D.O.O. Slobodana Bajića 1 11185 Zemun Tel: +381 11 375 67 19 nebojsa_stanivuk@yahoo.com BITERS SERVICE D.O.O. ITALY Gavrila Principa 57/II 11100 Belgrade AB ENERGY Tel: +381 11 414 11 42 SRBIJA D.O.O. direzione@biters.it Surčinski put 1 nj www.biters.it 11077 New Belgrade Tel: +381 11 712 95 03 BUTANGAS abenergysrbija@ INTERNATIONAL D.O.O. gruppoab.com Bul.Zorana Đindjića 65/9 www.gruppoab.it 11070 New Belgrade Tel: +381 11 212 05 89 AGRIROMAGNA D.O.O. Glavna 49, 24321 Mali Idjoš office@butangas.co.rs www.butangas.co.rs Tel: +381 24 730 260 agriromagna@neobee.net CHAMPICOMP AGROMEHANIKA D.O.O. KOVIN AC D.O.O. Kralja Petra I 2a, 26229 Pločica – Kovin/Pančevo Miroslava Prodanovića – Tel: +381 13 757 012 Micka 4, 21000 Novi Sad champicomp@gmail.com Tel: +381 21 419 151 www.champicomp.com maja@ agromehanika-ac.co.rs COGEIR COSTRUZIONI E www.agromehanika GESTIONI SRL –OGRANAK -ac.co.rs Ive Lole Ribara 6 21000 Novi Sad AGROPRESTIGE D.O.O. Tel: +381 21 557 587 Put Kamaraški 14 24410 Horgoš (Kanjiža) COOPSERVICE BMK Tel./fax: +381 24 792130 Svetosavska 9 agroprestigedoo@gmail.com 22300 Stara Pazova Tel: +381 22 316 874 ALITALIA COMPAGNIA mail@ AEREA ITALIANA SPAPREDSTAVNIŠTVO coopservicebmk.com BEOGRAD www.coopservicebmk.com Knez Mihajlova 30/II DAFAR D.O.O. 11000 Belgrade Ečanski drum 3 Tel: +381 11 324 50 00 23000 Zrenjanin begtsaz@alitalia.it Tel: +381 23 544 635 www.alitalia.com dafarzr@gmail.com ALLOMETAL D.O.O. DAL DEGAN D.O.O. Prhovačka bb Kralja Aleksandra 22310 Šimanovci Obrenovića bb, 12370 Tel./Fax: +381 22 480391 Aleksandrovac – Ţabari 11000 Belgrade Tel: +381 11 308981 office@telegroup.rs www.telegroup.rs TERI ENGINEERING D.O.O. Tesa Fuks Jurija Gagarina 153a, lokal 44, 11070 Belgrade Tel: +381 11 3176787 tesaf@terieng.co.rs www.terieng.co.rs TEVA SERBIA D.O.O. ph. Lidija Marušić Rako Makenzijeva 24, 11000 Belgrade Tel: +381 11 24 00 491, lidija.marusic-rako@teva.rs www.teva.rs UNIVERS-CO D.O.O. Nenad Jocić Milana Rešetara 9 11070 Zemun Tel: +381 11 310 8000 office@universco.rs www.trefsport.com VERIEST VENTURE SERBIA D.O.O. Tara Berg Milentija Popovića 5a/11 11070 Belgrade Tel: +381 11 6149 303 Hagai@veriest-v.com www.veriest-v.com VLATACOM D.O.O. Vladimir Cizelj Milutina Milanovića 5 11070 Belgrade Tel: +381 11 377 11 00 Vladimir@vlatacom.com www.vlatacom.com ZELENI HIT D.O.O. Smiljana Momirović Tosin bunar 188a/39 11070 New Belgrade Tel: +381 112604 347, smiljanamomirovic@ zelenihit.rs, www.zelenihit.rs ZU APOTEKA RAVPHARM Devora Veličković Narodnih heroja 63 11070 Belgrade Tel: + 381 11 311 10 35

Tel: +381 12 254 507 info@daldeganmorava.com www.daldeganmorava.com DAMM MANAGEMENT & MARKETING D.O.O. Reljina 4/3, 11000 Beograd Tel: +381 11 3626 273 franco.delneri@gmail.com DDOR NOVI SAD A.D. Bul.Mihajla Pupina 8 21000 Novi Sad Tel: +381 21 488 60 00 ddor@ddor.co.rs kabinet@ddor.co.rs www.ddor.rs DILLON D.O.O. Veljka Dugoševića 54 Science Technology Park 11060 Belgrade Tel: +381 11 241 0 653 fgreco@dillonrobotics.com www.dillonrobotics.com DE RIGO REFRIGERATION D.O.O. Prva severna 8 22300 Stara Pazova Tel: +381 22 215 5702 info@derigo.rs DUNAV A.D. APATIN Trg Oslobodjenja 9 25260 Apatin Tel: +381 25 773 291 stefanodunav@yahoo.it www.dunavapatin.com DUE PUNTI D.O.O. Bul.Kralja Aleksandra 314/25, 11000 Belgrade Tel./fax:+381 11 24 21 834 info@duepunti.rs EASTCOM CONSULTING D.O.O. Makedonska 30/6 11000 Belgrade office@eastcom.it ECOAGRI SERBIA D.O.O. ZA POLJOPRIVREDNU PROIZVODNJU Sonje Marinković bb 26340 Bela Crkva Tel: +381 13 851 211 office@ecoagri.rs www.ecoagri.rs ELEKTROREMONT Ivana Meštrovića 2 24000 Subotica Tel: +381 24 546 165 kontakt@ elektroremont.co.rs www.elektroremont.co.rs EUROIN XXV Nova 73, 11277 Beograd Tel: +381 11 840 83 92 euroindoo@yahoo.com EVROENERGIA GAS D.O.O. Ive Lole Ribara 6 21000 Novi Sad Tel: +381 21 557 587 loredana@evroenergia.rs EVRO GIUNTI Dimitrija Tucovića 41 11000 Belgrade Tel: +381 11 3446 618/19/20 zoran@evro-giunti.com www.evro-giunti.com FAEBER LIGHTING SYSTEM D.O.O. Majora Gavrilovića 1 11420 Smederevska Palanka Tel: +381 26 341 050 faeber@telekom.rs FALC EAST Lole Ribara 26 19350 Knjaževac Tel: +381 19 737 900 boris.milic@falceast.com FANTINI SCIANATICO BALKAN D.O.O. Bul.Mihajla Pupina 10A/12 11070 New Belgrade Tel: +381 11 311 6208 office@fantiniscianatico.co.rs www.fantiniscianatico.co.rs FCA SRBIJA D.O.O. Kosovska 4, 34000 Kragujevac Tel: +381 34 502 622 marija.nikolic@fiat.com

FIAT UFFICIO DI RAPPRESENTANZA Despota Stefana 12 11000 Belgrade Tel: +381 11 303 0 906 FIM D.O.O. Put N. Heroja 12 24420 Kanjiža Tel: +381 24 874 700 office@fim.co.rs www.fim.co.rs FIORANO D.O.O. Staparski put bb 25000 Sombor Tel: +381 25 467 500 info@fiorano.rs FULGAR EAST D.O.O. Železnička bb 23000 Zrenjanin Tel: +381 23 515 686 info.fulgar@fulgareast.rs GECO SPA – OGRANAK BEOGRAD Bul.Despota Stefana 12/VIII 11000 Belgrade Tel: +381 69 331 0209 ricci.gecospa@gmail.com www.gecospa.com GENERALI OSIGURANJE SRBIJA A.D. Milentija Popovića 7b 11070 New Belgrade Tel: +381 11 222 05 55 kontakt@generali.rs www.generali.rs GENERATORS MACHINES D.O.O. SUBOTICA Gavrila Principa 1 24000 Subotica Tel: +381 24 546 111 kontakt@ generatorsmachines.rs www.generatorsmachines.co.rs GIRAMONDO D.O.O. Katanićeva 1/I, 11000 Belgrade Tel: +381 11 3440 260 office@giramondo.rs www.giramondo.rs GORDON D.O.O. 14.Nova 2, 24000 Subotica Tel: +381 24 4155 444 dragana.caric@gordon.rs GRUPPO ADIGE BITUMI SPA OGRANAK Oslobođenja 52-57 11090 Belgrade Tel: +381 11 232 26 84 kijevo@gmail.com KIJEVO D.O.O. Oslobođenja 52-57 11090 Belgrade Tel: +381 11 232 26 86 kijevo@gmail.com www.kijevo.com GRUPPO FIORENTINO D.O.O. Orašacki put bb 16210 Vlasotince Tel: +381 16 876 015 andrea@ gruppofiorentinoitalia.it HIV A.D. / KENDA FARBEN D.O.O. Omladinskih Brigada 11 17500 Vranje Tel: +381 17 401 007 rade@hiv.co.rs info@hiv.co.rs HOME FURNITURE CASA ITALIA Industrijska Zona 9 21400 Bačka Palanka Tel./Fax: +381 21 754185 casa-italia@nspoint.net HYDROTEK Kneza Višeslava 3 11000 Belgrade Tel./fax: +381 11 2543768 ruzic.lela@gmail.com IC&PARTNERS BELGRADE Bul.Despota Stefana 12 11000 Belgrade Tel: +381 11 3288101 belgrado@ icpartnersgroup.net www.icpartnersbelgrade.com IES D.O.O. Infrastructure Engineering Services

Poenkareova 10 11000 Belgrade Tel: +381 11 3293957 office@iesbeograd.rs IMPRESA DEL FIUME SPA – OGRANAK Ive Lole Ribara 6 21000 Novi Sad Tel: +381 21 557587 gianlucacolomba@ cpgruppo.com www.cpgruppo.com INTERSTONES Karadjordjeva 17/2 34000 Kragujevac Tel./Fax: +381 34 360792 interstones@open. telekom.rs interstones@vozd.net www.interstones.rs INTESA LEASING BEOGRAD Nebojša Janićijević Milentija Popovića 7b 11000 Belgrade Tel: +381 11 2025 400 www.intesaleasing.rs ITALO GROUP D.O.O. Vojvode Mišića bb 11320 Velika Plana Tel: +381 26 514815 info@italogroup.rs www.italogroup.rs ITALTEX-INTIMO D.O.O. Novobečejski put bb 23273 Novo Miloševo Tel: +381 23 783920 smiljana@italtex.co.rs LASER BALKAN D.O.O. Dunavac 1, 12208 Kostolac Tel: +381 12 241954 info@laserbalkan.co.rs www.laserbalkan.co.rs LEONARDO D.O.O. IMPORT EXPORT Jovana Mikića 56 24000 Subotica Tel: +381 24 687380 slavica.milodanovic@gmail.com M.C.D. D.O.O. Obala Kralja Petra I 121 12220 Veliko Gradište Tel: +381 64 365 06 80 mcdserbia@yahoo.com MHT BALKAN D.O.O. Bulevar umetnosti 29 11070 New Belgrade Tel: +381 11 209 21 65 marketing@mhtnet.it www.mhtnet.it MODITAL D.O.O. Bagljaš bb, 23000 Zrenjanin Tel: +381 23 559 000 pompeaserb@pompea.com MONTAGNA SM D.O.O. Simina 21/II, 11000 Belgrade Tel: +381 11 3034122 office@montagna.rs www.costruzioni.it MOST ENGINEERING & IT SOLUTIONS D.O.O. Požarevački partizanski odred 198B, 12000 Požarevac Tel: +381 62 1586058 management@mosteng.com www.mosteng.com OMNIAPACK D.O.O. Industrijska zona bb 23272 Novi Bečej Tel: +381 23 771098 info@omniapack.co.rs www.omniapack.co.rs PANGEA RE D.O.O. Pariske Komune 11/13 11070 Belgrade Tel: +381 11 3230587 info@pangea-re.com thomas.weis@pangea-re.com PANZERI EAST D.O.O. Pivljanina Baja 9 11000 Belgrade Tel./Fax: +381 11 3675567 panzeri@panzeri-spa.it www.panzeri-spa.it PETRUZALEK D.O.O. Majora Zorana Radosavljevića 313 a, 11273 Batajnica Tel: +381 11 748 02 71 office@petruzalek.rs www.petruzalek.rs POMETON TIR D.O.O.

Đordja Vajferta 20-22 19210 Bor Tel: +381 30 427476 pometontir@beotel.net POTIS A.D. Čede Vasovića 39 12000 Požarevac Tel: +381 12 555189 potispoz@ptt.rs PREDSTAVNIŠTVO IVECO SPA Otokara Keršovanija 2 11000 Belgrade Tel: +381 11 3976891 milos.lalovic@iveco.com www.iveco.com/serbia KEDRION SPA UFFICIO DI RAPPRESENTANZA BELGRADO Uzun Mirkova 3/A, V piano 11000 Belgrade Tel: +381 11 2621155 v.hudjec@kedrion.com PROGETTI D.O.O. Kneza Miloša 79 11000 Belgrade Tel: +381 11 3628750 info@progetti.rs www.progetti.rs PROMEK Oraška 60, 11320 Velika Plana Tel: +381 26 515 340 info@promek.rs www.promek.rs P&T DESIGN D.O.O. Maksima Gorkog 17a 21000 Novi Sad Tel: +381 22 322 605 info@ptdesign.rs www.ptdesign.rs REP PROJECT BALKAN D.O.O. Terazije 31, 11000 Belgrade Tel: +381 11 324 07 36 slavko@repbalkan.rs RE SOURCING D.O.O. Kralja Petra 58/6 11000 Belgrade Tel: +381 11 2910758 resourcingdoo@gmail.com l.bartolini@resourcingdoo.com www.resourcingdoo.com RONCUCCI&PARTNERS BALKANS D.O.O. Kneginje Ljubice 10/II, stan 8, 11000 Belgrade Tel: +381 11 263 04 03 balkans@ roncucciandpartners.com SAMER & CO. DUNAV AGENCIES Skender begova 3-L3 11000 Belgrade Tel: +381 11 212 07 49 mail@samerdunav.com www.samer.com SECI ENERGIA SPA BRANCH OFFICE BELGRADE Terazije 27, 11000 Belgrade Tel: +381 11 323 97 13 info@seci-energia.com www.seci-energia.com SIGAS D.O.O. Nikole Pašića 2, 31210 Požega Tel./fax: +381 31 3715440 office@sigas.rs SIM INDUSTRY SERVICE D.O.O. Pop Lukina 10, 15000 Šabac Tel: +381 15 345 676 sis@simspa.net ssmarcucci@simspa.net www.simspa.net SINERGIE 2015 D.O.O. Bulevar Vojvode Mišića 14hall 5, 11000 Belgrade Tel: +381 11 306 76 51 info@sinergie.co www.sinergie.co SLODESTRADE D.O.O. Borska 92 F, 11000 Belgrade Tel: +381 11 359 13 58 kancelarija@slodes.rs www.slodes.rs SO.GE D.O.O. Makenzijeva 20, 11000 Belgrade Tel: +381 11 344 58 30 info@so-ge.com www.so-ge.com

2017

SOL SRBIJA DOO Ozren Radaković Industrijska zona bb Nova Pazova Tel +381 22 328 000 www.solworld.com ŠPIK IVERICA D.O.O. Venijamina Marinkovića 139 32250 Ivanjica Tel: +381 32 661 166 m.spasojevic@iverica.rs info@iverica.rs STEAM SOLUTIONS D.O.O. Kralja Petra 58/6 11000 Belgrade Tel: +381 11 291 07 58 info@steam.it www.steam.it STUDIO CATARRASO Vase Stajića 6 21000 Novi Sad Tel: +381 21 451979 serbia@studiocatarraso.com www.studiocatarraso.it TERENCONS D.O.O. Antona Pordušića 86 37000 Kruševac Tel./fax: +381 37 459 306 info@terencons.com www.terencons.com TE-TO (AD FABRIKA ŠEĆERA TE-TO SENTA) Karadjordjeva bb Zlatne grede 6, 24400 Senta Tel: +381 24 646 100 office@sugarfactory-senta.co.rs www.sugarfactory-senta.co.rs TONUCCI &PARTNERS D.O.O. Bul.Kralja Aleksandra 298a 11000 Belgrade Tel: +381 11 6149183 psilvestro@tonucci.com UNICREDIT BANK SRBIJA Rajićeva 27-29, 11000 Belgrade Tel: +381 11 320 45 80 office@unicreditbank.rs www.unicreditbank.rs UNICREDIT LEASING Omladinskih brigada 90v 11070 New Belgrade Tel: +381 11 309 35 00 ivana.stojanac@ unicreditleasing.rs www.unicreditleasing.rs VALY D.O.O. Beloševac bb, 14104 Beloševac Tel: +381 14 295 005 a.grassi@goldenlady.it VECAR VILJUŠKARI D.O.O. Cara Dušana 266 11180 Belgrade (Zemun) Tel: +381 11 630 04 89 office@vecarviljuskari.com www.vecarviljuskari.com VERDICT FILM D.O.O. Bregalnička 18 11000 Belgrade Tel: +381 11 264 14 53 verdictfilm.beograd@ gmail.com YUGOTUB D.O.O. Kralja Petra I Karađorđevića 156, 22330 Nova Pazova Tel: +381 22 328 241 info@yugotub.com k.stojanovic@yugotub.com www.yugotub.com ZANNINI EAST D.O.O. Beogradski put bb 26300 Vršac Tel: + 381 13 833 405 aleksandra.cvetkovic@ palladiozannini.com www.palladiozannini.com ZEMLJA I SUNCE SISTEMI Konarevo 87, 36340 Kraljevo Tel: +381 36 823 110 zis.sistemi@gmail.com www.zemljaisuncesistemi.rs

JAPAN ALLIED TELESIS INTERNATIONAL B.V. REPRESENTATIVE OFFICE

BELGRADE Ivan Mladenović Tel: + 381 11 24 16 410 ASTELLAS PHARMA SOUTH EAST EUROPE REPRESENTATIVE OFFICE SERBIA Jovica Lukić Tel: +381 11 785 05 02 ACTIV PROJECT MANAGEMENT GMBH Ivan Baković Fax: +381 11 31 14 581 AKS TIRES Petar Gavranović Šabac Tel: + 381 11 675 05 48 ALPHA IMAGING D.O.O. (SHIMAZDU) Predrag Bjeletić Tel: +381 11 3164 033 AQUAFARM SEE Aleksandar Arbutina BEOLASER D.O.O. (TOSHIBA MEDICAL) Dragan Rokić Tel./Fax: +381 11 2395 639 BEOLEK D.O.O. (PENTAX MEDICAL/ HOYA CORP.) Gordana Martinov Tel: +381 11 3808 124 CANON SERBIA Katarina Vučković Tel: + 381 11 35 33 480 DACE SINGIDUNUM D.O.O. (DAIKIN) Bojan Aleksić Tel./Fax: +381 11 24 55 138 DELTA AUTOMOTO (HONDA) Aleksandra Đurđević Tel: +381 11 2010 987 DELTA ESPERO (MITUTOYO) Vladimir Petrović Tel./Fax: +381 11 630 77 11 DIFOL Dagan Popović Tel: + 381 21 202 33 ECO TRADE BG (TERUMO) Miloje Branković Tel: +381 18 522 144 EPORT (TOSHIBA) Velibor Tegeltija Tel./Fax: + 381 11 41 40 499 EUROCONS (TORAY) Goran Đurić Tel: +381 13 801 460 EURO SUMAR (SUZUKI) Dušan Đurašević Tel/Fax: + 381 11 288 9554 www.suzuki-srbija.rs FUJITSU TECHNOLOGY SOLUTIONS Dejan Malić Tel: + 381 11 2223 510 GRADITELJ AUTO D.O.O. (ISUZU) Zdravko Jokić Tel: + 381 21 4808 480 www.isuzu.co.rs GRAND MOTORS (INFINITY) Miloš Stefanović Tel: + 381 11 20 90 612 ITOCHU CORPORATION BELGRADE REPRESENTATIVE OFFICE Miloš Vesnić Tel: + 381 11 301 6990 ICM (FANUC) Dragan Mićić office@icm.rs INEA (MITSUBISHI ELECTRIC) Tina Baggia Tel: + 381 26 461 5401 INOTO D.O.O. (MITSUBISHI MOTORS) Dragan Koprivica Tel: +381 11 2022 300 ITH TRADING Saša Stevanović Tel: + 381 11 3240 629 JTI (JAPAN TOBACCO INTERNATIONAL) Goran Pekez Vladimira Popovića 38 11070 Novi Beograd

INTERNATIONAL BUSINESS SECTOR IN SERBIA

93

Tel: +381 11 2050 300 KONICA MINOLTA SEE D.O.O. Zoran Matić Tel: + 381 11 41 41 971 KEMO IMPEX A.D. Dragan Karadžić Tel: + 381 11 3779 779 KIMTEC Dejan Glavonjić Tel: + 381 11 20 70 663 KLIMA M (MITSUBISHI ELECTRIC) Pavle Markovski Tel: + 381 11 655 83 00 KODUS D.O.O. (TSURUMI) Boško Pantelić Tel: +381 11 4141 666 KOVING D.O.O. (ALPINE) Bojan Radulović Tel./Fax: + 381 11 319 3408 MITSUBISHI CORPORATION Naoki TSUKADA Tel: + 381 11 635 01 01 MITSUBISHI ELECTRIC (BRANCH OFFICE POLAND) Aleksandar Stanković Mob: +381 63 687 500 MAZDA SOUTH EAST EUROPE Igor Brankov Tel: + 381 63 596 126 MELLON GROUP SERBIA (NEC) Stefanos Karapetsis Tel: + 381 11 7150 401 MIKODENTAL (SHOFU) Damjanka Đurić Tel: + 381 15 30 02 61 MIKRO KONTROL Mile Milanov Tel: + 381 11 36 99 080 MILUROVIĆ KOMERC Dušan Milurović (Srdjan Mihajlovic) Tel: +381 11 8409 528 MP AUTOMATIZACIJA (FUJI ELECTRIC) Milan Mićić Tel: + 381 11 3141 126 NIPRO D. MED Dejan Tomović Tel: +381 11 75 15 578 NIPPON TRADE D.O.O. Dragoslav Karadžić Tel: + 381 11 347 3439 OLYMPUS Aleksandar Roksic Tel: +381 11 2222 900 Fax: +381 11 2222 901 PAROCO MEDICAL EQUIPMENT D.O.O Gordan Paroski Tel: +381 21 6776 520 Fax: + 381 21 6776 520 PANASONIC LIGHTING DEVICES SERBIA D.O.O. Dirk Bantel Tel: +381 35 8150 154 REFOT B (NIKON) Petar Vukadinović Tel: +381 11 308 7004 SANKYO Natasa Đurović Tel: + 381 63 1068 441 SHIMADZU Jelena Lazić Tel: + 381 11 269 52 27 SONY EUROPE LIMITED PROFESSIONAL Igor Manetović Omladinskih brigada 88a 11070 Novi Beograd Tel: +381 11 222 5959 SONY MOBILE COMMUNICATIONS WEST BALKAN OFFICE Andreja Jauković Tel: + 381 64 349 53 27 SONY EUROPE LIMITED Nebojša Popovski Tel: +381 11 222 5959 SKY TECHNOLOGIES D.O.O. (ALPINE) Marko Životić Tel: + 381 11 7114 722 SPICES OF THE WORLD

94

Filip Meter Tel./Fax: + 381 11 718 47 81 SUBARU ĆURČIĆ (SUBARU) Rajko Ćurčić Tel: + 381 11 2472 222 SUBARU SERBIA Slobodan Rakonić Tel: + 381 11 307 25 80 SUPERLAB (NIHON KODEN) Vladan Kocić Tel: + 381 11 2222 222 TAKEDA GMBH Milena Argirović Tel: +381 11 3122 550 TERUMO Nenad Tiodorovic Tel/Fax: +381 11 2281322 TOYOTA SRBIJA D.O.O. Aleksandra Graovac Tel: +381 11 20 90 999 TEIKOM D.O.O. (KOMATSU) Slobodan Terzin Tel: + 381 11 381 44 00 TRIVAX D.O.O. (NIHON KODEN) Vladimir Trikić Tel: +381 11 3985 022 TRIO MOTORS (ISUZU) Živko Marković Tel: +381 21 639 8510 YAMAHA PLATTNER Nenad Plattner Tel: + 381 11 24 20 386 Y.T.I. BALKAN REGION D.O.O. Radmilo Kostić Tel./Fax: + 381 10 320 622 YOKOGAWA Stojan Jovanović Tel: + 381 11 404 79 82 YAZAKI Svetislav Budić WEST BALKAN MACHINERY (HITACHI CONSTRUCTION MACHINERY) Slobodan Sretenović Tel: + 381 22 850 532

ADING D.O.O. Zoran Đurović Nehruova br.82 11070 New Belgrade Tel: +381 11 616 05 76, ading_bgd@ptt.rs www.ading.rs ALKALOID D.O.O. Igor Petrov Ul Prahovska 3 11000 Beograd, Tel: + 381 11 3679 070 office@alkaloid.co.rs AXXON TRADING D.O.O. Vlatko Jokić Pavla Vujisića 13, 11080 Beograd Tel: + 381 11 4145 601 office@axxon.rs www.axxon.rs GALEB KOMERC D.O.O. Ljuba Oljača Železnička 4, 11000 Beograd Tel: +381 11 2622554 www.galeb.mk KOLID COMPANY - BELGRADE Kole Milčev, Exe. Man. Maglajska br.24 , Belgrade Tel: +381 11 266-79-47 k.milcev@kolid.com www.kolid.com MLAZ-EKSPROM D.O.O. Anka Maršon KOREA Pajsijeva 3, 11000 Beograd Tel: +381 11 2658676 CERAGEM D.O.O. MV SISTEM CO D.O.O. In Keun Shin, CEO - TIKVEŠ VINARIJA Bul.Zorana Đinđića 65/2 Matović Žarko 11070 Belgrade Bul. Oslobođenja 85 Tel: +381 11 3018 716 11000 Beograd office@ceragem.co.rs Tel: +381 11 39 10 570 www.yu.ceragem.com KOIMA KOREA IMPORTERS office@mvsistem.com www.mvsistem.com ASSOCIATION Bldg., 218, Hankangro-2ga, MZT HEPOS KTB D.O.O. Mile Mitkov Yongsan-gu, Gavrila Principa 29 Seoul, 140-875, Korea Tel: +82-2-792-1581 ext.227 11000 Beograd Tel: +381 11 3287968 koima@koima.or.kr mzthepos@yahoo.com www.koima.or.kr Korean MZT – KTB D.O.O. OGRANAK Zlate Kocev SAMSUNG ELECTRONICS Gavrila Principa 29 AUSTRIA GMBH 11000 Beograd Chan Woo Park, Repr.

Tel: +381 11 3287938 Seho Kim, Repr.

SILBEG D.O.O. Omladinskih brigada 90 V Ljubisav Ivanov 11070 New Belgrade Cara Uroša 6/1 Tel: +381 11 321 6899 11000 Beograd www.samsung.com/rs Tel: +381 11 2624091 PREDSTAVNIŠTVO SKOVIN D.O.O. LG ELECTRONICS Lidija Ivanovic, v.d. Dir.a MAGYAR KFT Kralja Milutina 55, lok 2b Predrag TodoroviĆ 11000 Beograd Španskih Boraca 3/B, Tel: +389 2 31 45 701 11070 New Belgrade , info@skovin.com.mk Tel: +381 11 3630500 www.skovin.mk www.lg.com/rs TIKVES- M-6 YURA CORPORATION TIKVEŠ D.O.O. Kanghan Yoon Jane Janevski Kralja Petra 9, 34210 Raca Tošin Bunar 274a Tel: +381 34 6170016 11070 New Belgrade draganarp@gmail.com Tel: + 381 11 41 451 00 www.yuracorp.co.kr m6tikves.beograd@ tikves.com.mk www.tikves.com.mk UNIBUS D.O.O. Slave Raspaškovski,Dir. Bul. Mihaila Pupina 10 ž .

MACEDONIA

INTERNATIONAL BUSINESS SECTOR IN SERBIA

2017

BREWERY www.heinekensrbija.rs HEINEKEN SERBIA OFFICE www.heinekensrbija.rs HORTICENTAR ADRIA www.horticentar.mk/sr/ horticentar-adria HUNTER DOUGLAS www.hunterdouglascontract.com I BIKE BELGRADE www.ibikebelgrade.com INSOFT AUTOMATIC www.insoft.rs KUPUJEM PRODAJEM www.kupujemprodajem.com LEVI NINE NOVI SAD www.levi9.com LEVI NINE ZRENJANIN www.levi9.com LEVI NINE BELGRADE www.levi9.com MARINE CONSULT www.royalihc.com MERITUS PLUS CENTAR (M+) www.mpluscc.com MONTEAGRO www.monteagro.rs METHODS2BUSINESS www.methods2business.com NETHERLANDS NIJHUIS INDUSTRIES CENTRAL EUROPE AGROL www.nijhuisindustries.com www.agrol.rs NUSCIENCE AGRO-MOBIL www.nuscience.rs www.agromobil.com NULTIEN AHOLD/DELHAIZE www.nultien.rs www.maxi.rs NOVALITE ARUM DEČ www.novalite.rs www.arum.rs PEPSICO ATP IRRIGATION www.pepsico.com www.atpdoo.rs PRO FRUIT BARENTZ www.profruit.rs www.barentz.com PHENOGENO ROSES BEXING www.phenogenoroses.com www.bexing.rs PSI PIPING BIOELEKTRA www.psipiping.com www.bioelektra.rs PHILIPS BIOSENSE www.philips.rs www.biosens.rs PHILIPS CRYO SAVE BEOGRAD LIGHTING EXPORT www.rs.cryo-save.com/sr-rs/ www.lighting.philips.com office Health ROYAL BRINKMAN COMPANIES CONNECTED www.royalbrinkman.nl www.companiesconnected.com S-BIOM COMPANY DE HEUS www.deheus.com SOUTH HANSA DELAMODE BALKANS www.delamode-balkans.com/rs SUN ENERGY DUTCH DESIGN STUDIO BALKAN www.dutchdesignstudio.co.rs www.sunenergybalkan.com DUTCHKNITTING COMPANY STO POSTO www.Dutchknitting.nl www.stoposto.rs EDZE AGRA SONDERDUX www.edzeagra.nl www.sonderjansen.com EXLRT SEVEPLANT www.exlrt.com www.seveplant.com EXLRT-SOUTH SHIPYARD KLADOVO www.exlrt.com www.shipyardkladovo.com FLEUNERRA SERIECOM/YITC www.fleunerra.com www.seriecom.nl FIN IMPORT STARLING www.finimport.rs INTERNATIONAL GREENTRUST www.greentrust.nl SYNERGY TALENTS HGS BULLS/CRV www.synergytalents.com www.crv4all.nl SYNVALOR BLKN HEINEKEN SERBIA www.synvalor.com

11070 Beograd Tel: +381 11 3226814 www.sanos.com.mk VITAMINKA - PREDSTAVNIŠTVO SRBIJA- VEDRINA-2 D.O.O. Radovan Antikj Vladimira Popovića 6 11070 Beograd Tel: +381 11 411 9223 contact@vitaminka.rs vitaminka.com.mk/sr VINOTOK D.O.O. Jovan Elenov Paunova 43/54, 11000 Beograd Tel: +381 63 331590 vinotok@gmail.com VITALIA NIKOLA D.O.O. Nikola Vetadžokoski Braće Jerković 76 a/60 11000 Beograd Tel: +389 2 3217 177 contact@vitalia.com.mk www.vitalia.com.mk

TOPIGS NORVIN www.topigsnorsvin.com TODEBO www.todebodoo.rs TOMTOM www.tomtom.com TEBODIN www.tebodin.bilfinger.com TMF www.tmf-group.com/en TROOSTWIJK www.troostwijkauctions. com/nl/ TRABA LOGISTICS www.trabalogistics.com TMNS EMPIRY www.tmns.com USLUGA www.usluga.co.rs UNILEVER BEOGRAD www.unilever.com VAHALI www.vahalishipyards.com VDL BUS AND COACH www.vdlbuscoach.com VITAVERDE www.vitaverde.gr VENCOMATIC/STORK/MPS VLASSAK EXPORT www.vlassak-export.com YOUNIFY www.younify.nl WTS ENERGY www.wtsenergy.com WEST BALKANS MACHINERY www.wbm.rs WINDVISION OPERATIONS www.windvision.com 3D REPUBLIKA www.3drepublika.com

NORWAY BUSINESS OUTSOURCING SERVICES D.O.O. - B OUTSORSING Marko Jevtović Španskih boraca 11070 Belgrade Tel: +381 63 102 72 14 jevtovic@boutsourcing.com www.boutsourcing.com BDD GROUP – ZASTUPNIK CAMBI & NORWEGIAN WATER CLUSTER REPRESENTATIVE Boban Joksić Bul. Vojvode Mišića 21/9 11000 Belgrade bjoksic@gmail.com BUSINESS INNOVATION PROGRAMS Bratislav Dobrić Kneginje Zorke 11a 11000 Belgrade Tel: + 381 63 615 516 bd@bips.rs, www.bips.rs EMISOFT Biljana Kotanjac

Ruže Jovanovića 27a 11000 Belgrade Tel: +381 69 17 19 792 Biljana.kotanjac@emisoft.com ELCOM Q-FREE SERBIA Boško Leković Bul. Vojvode Mišića 21/9 11000 Belgrade Bosko.Lekovic@q-free.com ELOPAK D.O.O. Ilija Đenić Batajnički drum 23 11080 Zemun Tel: +381 11 71 60 142 info@elopak.rs www.elopak.rs FOSDALEN D.O.O Simon Simonović Kralja Petra 70/9, 11000 Belgrade Tel:+ 381 11 218 37 08 office@fosdalen.rs www.fosdalen.no NOVICOM NORDIC D.O.O. Ivana Manojlović Maršala Birjuzova 3-5 11000 Belgrade Tel: + 381 11 328 68 71 ivana.manojlovic@novicom.com www.novicom-nordic.ls.rs RAPP ZASTAVA A.D. Slobodan Milovanović Trg topolivaca 4 34000 Kragujevac Tel: +381 34 331 986 sm@rappzastava.com www.old.rappmarine.com STATKRAFT WESTERN BALKANS D.O.O Dragan Vignjević Francuska 17/05, 11000 Belgrade Tel: + 381 11 303 86 88 dragan.vignjevic@statkraft.com www.statkraft.no SENOR Larisa Hannås larisa.hannas@senor.rs www.senor.rs/our-team TELENOR D.O.O. Ove Fredheim Omladinskih brigada 90, 11070 Belgrade Tel: + 381 63 9000 servis@telenor.rs www.telenor.rs TELENOR BANKA A.D. Martin Navratil Omladinskih Brigada 90v 11070 Belgrade Tel: +381 63 9005 officebanka@telenor.rs www.telenorbanka.rs UBQ Dejan Čakarević Tošin bunar 272 11070 Belgrade Tel: +381 11 414 22 89 post@ubq.no dc@ubq.no; www.ubq.no ŠKOLA NORVEŠKOG JEZIKA “SAGA” Zorica Nikolić Marković Kneginje Zorke 11a 11000 Belgrade Tel: +381 11 24 31 589 zoricanikolicmarkovic@ gmail.com

POLAND ASSECO SEE D.O.O. Igor Brnabić Bulevar Milutina Milankovića 19g, 11070 Belgrade Tel: +381 11 201 31 11 office@asseco-see.rs www.asseco.com/see KOPEX MIN D.O.O. Henryk Składaniec Bulevar 12. februar bb 18000 Niš Tel: +381 18 580 607 office@kopexmin.rs www.kopexmin.rs KOPEX MIN LIV D.O.O. Dragoljub Maksimović

Bulevar 12. februar 82 18000 Niš Tel: +381 18 580 607 office@kopexmin.rs www.kopexmin.rs POL-MOT DEVELOPMENT D. O. O. Branislav Marković Kraljice Marije 19, 11000 Belgrade markovicbranko@mts.rs www.polmot.pl RAFAKO ENGINEERING SOLUTION D.O.O. Sławomir Muszyński Bul. Arsenija Čarnojevica 86 lok. 5., lok. 6, 11070 New Belgrade Tel: +381 11 313 97 15 www.rafako.com.pl TF KABLE FABRIKA KABLOVA ZAJEČAR D.O.O. Dariusz Chromy Negotinski put bb 19000 Zaječar Tel: +381 19 444 333 office.fkz@tfkable.com www.fkz.rs

ROMANIA ALSYS DATA D.O.O. Adrijan Racaru Jedanaestog Oktobra 266 11271 Surčin Tel: +381 11 2280 199, alsys@ alsysdata.com office.srb@alsysdata.com www.rs.alsysdata.eu DIGI SAT D.O.O. Marcel Stefan Popa Bul. Vojvode Mišića 51/a 11000 Belgrade Tel: +381 11 3692915 marcel.popa@digi.rs www.digi.rs DOMING D.O.O. Vladimir Palavestrić Golubinačka bb, Šimanovci Tel: + 381 11 258 95 18 office@doming.rs www.doming.rs GREENTECH D.O.O. Mihail Mateski Bul. Kralja Petra I 7 21000 Novi Sad Tel: + 381 21 657 25 31, marketing@greentech.rs www.greentech.rs HOTEL VRUJCI D.O.O. Milijan Vasić 14243 Gornja Toplica Tel: + 381 14 3426 018 office@hotelvrujci.org www.hotelvrujci.org INDUSTRIAL ACCESS D.O.O. Stefanita Aurelian Ponea Kneginje Zorke 2/IV 11000 Belgrade Tel: +381 11 2666630 www.industrialaccess.rs PUPIN TELECOM A.D. Dejan Ilić, General Dir. Batajnički put 23 11080 Zemun Tel: +381 11 3070 500 info@pupintelecom.co.rs www.pupintelecom.co.rs TABAK A.D. Novica Vukašinović Kraljevića Marka 23 18000 Niš Tel: +381 18 426 20 59 tabaknis@yahoo.com

RUSSIA AEROFLOT PREDSTAVNIŠTVO – RUSKE AVIO LINIJE Vladislav Mordvinov Knez Mihailova 30 11000 Belgrade Tel: +381 11 328 60 64 begtosu@aeroflot.ru www.aeroflot.aero

ACTION PARK - ADRIATIC REGION Tuškanac 37a 10000 Zagreb, Hrvatska Tel: +3859 83 84 153 actionpark.cro@gmail.com www.actionpark.es AKB- EUROAXIS BANK PREDSTAVNIŠTVO BEOGRAD Vesna Marić Majke Jevrosime 6/10 11000 Belgrade Tel: +381 11 32 83 422 office@euroaxis.rs www.euroaxis.ru ALEKSANDAR GRADNJA D.O.O. Vojislav Gajić Miše Dimitrijevića 72 21000 Novi Sad Tel: +381 21 646 77 77 office@aleksandar-group.rs www.aleksandar-gradnja.rs ALFA KOZMETIK GROUP Bojana Trgovčević Bulevar Mihajla Pupina 165E 11070 Belgrade Tel: +381 11 404 90 00 office@alfakozmetik.rs www.alfakozmetik.rs ALP D.O.O. Blagoje Mićković and Radoslav Milojević Bul. vojvode Mišića 43 11000 Belgrade Tel: +381 11 265 11 84, alpkancelarija@alp.rs www.alp.rs ARIOZO D.O.O. Kneza Višeslava 2/II, 21000 Split, Hrvatska Tel: +385 21 272 181 ariozo.doo@gmail.com www.ariozo.hr ARMONT SP D.O.O. Dejan Slavulj, Vladimir Prica Batajnički drum 283, 11080 Belgrade Tel: +381 11 37 50 141 office@armont.biz www.armont.biz AZOT AGRO DUNAV D.O.O Maksim Grigorev Jurevič Majke Jevrosime 51, 11000 Belgrade Tel: +381 11 322 07 41 info@azotagrodunav.com www.azotagrodunav.com AQUA CASA Branislav Stanimirović, Bulevar Vojvode Mišića, 11000 Belgrade Tel: +381 11 265 07 72 www.aquacasa.rs BEKAMENT D.O.O. Vladimir Anđelković Ustanička ulica 128A / V floor, 11000 Beograd Tel: +381 11 34 74 674 office@bekament.rs www.bekament.rs BETON COM D.O.O. Ružica Šoškić Gandijeva 99 G lokal 3, 11070 New Belgrade Tel: +381 11 217 80 17 beton-ko@eunet.rs www.betoncom.biz BAUSTOFF+METALL RITAM D.O.O. Veselin Despotović Ugrinovačka 171, 11080 Zemun Tel: +381 11 377 77 00 beograd@bm-ritam.co.rs office@bm-ritam.co.rs www.bm-ritam.co.rs BIROTEL Željko Ćulibrk Rasinska 1, 11090 Belgrade Tel: +381 11 233 68 47 office@birotel.rs www.birotel.rs BOTOMEX Mirko Stanišić Deligradska 14/2, 11000 Belgrade Tel: +381 11 361 15 73 office@botomex.rs

www.botomex.rs BUCK D.O.O Zoran Vasiljević Milorada Jovanovića 9 11147 Beograd, p.f. 2, Tel: +381 11 205 24 00 office@buck.rs www.buck.rs CEDRUS D.O.O. Ljubomir Postić Arsenija Čarnojevića 47 2320 Indjija Tel:+381 22 557 456 cedrus.in@open.telekom.rs www.freewebs.com CONTY Karlovačka cesta 100, 10250 Zagreb-Lučko, Hrvatska Tel: +385 01 65 48 333 conty@conty.hr www.conty.hr CORUN HOLDING D.O.O. Nikolai Basangov Miloša Obrenovića 2, 31000 Užice Tel: +381 31 563344 corunad@yahoo.com www.corun.rs DECO D.O.O. Goran Dedić Darinke Čavdarević 14 36210 Vrnjačka banja Tel : +381 36 616 555 info@decodoo.com www.decodoo.com DEKOR-CENTAR D.O.O. Srđan Vitić Ilije Gojkovića 13, 12000 Požarevac Tel:+381 12557-955, info.dekorcentar@gmail.com www.dekor-centar.co.rs „DELTA TERM“ D.O.O Ivan Milanović Novopazarska 12, 11000 Belgrade Tel: +381 11 744 07 05 office@deltaterm.com, www.deltaterm.com DIJAGONALA D.O.O Milivoj Krstić Radnička 28, 21000 Novi Sad Tel: +381 21 450 900 office@dijagonala.com DIZICOM Luke Markovića 16, 85340 Herceg Novi, Crna Gora Tel: +382 31 322 321, dizicom@t-com.me www.dizicom.co.me DENEZA M INŽENJERING D.O.O. Milenko Milutinović Vinogradska 110 11070 Belgrade Tel: +381 11 381 82 00 www.denezam.com DOMAA D.O.O. Miodrag Trpković Kneza Miloša 82/3, 11000 Belgrade Tel: +381 11 265 62 51 office@domaa.rs www.domaa.rs DRAVIDIS D.O.O. Dragan Micić Igmanska 15, 11000 Belgrade Tel: +381 11 308 74 70 info@dravidis.co.rs www.dravidis.co.rs ELEKTROVAT D.O.O. Jugoslav Milošević Bilećka 20, 11000 Belgrade Tel: +381 11 398 52 33 info@elektrovat.net www.elektrovat.net ELIT INOX D.O.O. Branko Đumić Skadarska br. 1, 32000 Čačak Tel:+381 32 5589 251, info@elitinox.co.rs www.elitinox.co.rs "ENFORMA" Sveta Vrača 7 II/ 1, Dobrota 85330 Kotor, Crna Gora Tel: +382 32 332 220 enforma@t-com.me www.enforma.me ENERGY NET D.O.O.

Aleksandar Jovičić Proleterska br.49, 21241, Kać Tel: +381 21 686 10 00 info@energynet.rs www.energynet.rs FABRIKA BAKARNIH CEVI MAJDANPEK Vladimir Marakulin Industrijska zona bb, 19250 Majdanpek Tel: +381 30 453 000 fbcm@ptt.rs www.fbc-m.com FIDIJA Stara Varoš korpus 7, Podgorica, Crna Gora Tel: +382 20 621 144 fidija@t-com.me, www.fidija.co.me FLUID UTVA A.D. Oleg Ždanov Utve zlatokrile 9, 26000 Pančevo Tel: +381 13 342 399 GRAĐEVINAR D.O.O. Nenad Ćirić Trnska 25, 11000 Belgrade Tel: +381 11 344 66 15 www.gradjevinar.rs GREDA-METAL D.O.O. Branko Dudić Zaobilazni put bb, 14000 Valjevo, Tel: +381 14 353 35 57 stolarija-gredametal.com GROS D.O.O. Zorica Nikolić Narodnog Fronta 21b, 21000 Novi Sad Tel: +381 21 25 57 888 gros@teamnet.rs www.gros.rs IFK METROPOL - PREDSTAVNIŠTVO Dušan Filipović Dragoslava Jovanovića 1, 11000 Belgrade dusan_f@metropol.ru, dusan@putnik.com IMPERIAL GRADNJA D.O.O. Dragan Nikčević Kumodraška 237, 11000 Belgrade Tel: +381 11 309 43 50 www.imperialgradnja.com RUSAUTO D.O.O Andrej Grecuhin Vojvode Stepe 318, 11000 Belgrade Tel: +381 11 249 23 02 impexib@verat.net www.impexib.co.rs INGRA D.D Alexandera von Humboldta 4b, 10000 Zagreb, Hrvatska Tel: +385 1 6102 555 ingra@ingra.hr www.ingra.hr ITAL CENTAR D.O.O. Dragan Bogunović Majora Zorana Radosavljevića 283E, 11273 Beograd Tel: +381 11 748 34 07 office@italcentar.co.rs www.italcentar.co.rs IZOLINVEST D.O.O. Jovan Luković Volgina 73, 11130 Belgrade Tel: +381 11 283 77 48 izolinvest@gmail.com www.izolinvest.rs JASTREBAC A.D. - FABRIKA PUMPI Jovica Stanković Bul.12.februar 82 18000 Niš Tel: +381 18 580 653 office@jastrebac.co.rs www.jastrebac.co.rs JUGOTERM A.D. Nebojša Lukić Mramorsko brdo b.b, 18251 Merošina Tel: +318 18 469 45 50 office@jugoterm.rs www.jugoterm.rs KAMGRAD Josipa Lončara 1h, 10090 Zagreb, Hrvatska Tel: +381 11 369 14 12,

kamgrad@kamgrad.hr www.kamgrad.hr KALAMPER 85356 Dobra Voda Crna Gora Tel: +382 30 361 281, kalamper1@t-com.me www.kalamper.co.me KOTO D.O.O. Zlatan Tomić Vojvode Stepe 466 11000 Belgrade Tel: +381 11 309 74 10 office@koto.rs www.koto.rs LUKOIL SRBIJA A.D. Igor Semionichev Bulevar Mihajla Pupina 165d, 11080 Belgrade Tel: +381 11 222 02 00 office@lukoil.rs www.lukoil.rs MOBILGRADNJA D.O.O. Dragoljub Jovanović, Ul. Ustanička 189/III, 11000 Belgrade Tel: +381 11 288 67 29 mobilgradnja@open. telekom.rs www.mobilgradnja.rs NAFTNA INDUSTRIJA SRBIJE A.D. Kiril Turdenev Narodnog fronta 12, 21000 Novi Sad Tel: +381 21 481 11 11 office@nis.rs www.nis.rs NIMEL D.O.O. Milan Niković Bežanijskih Ilegalaca 33, 11077, New Belgrade Tel: +381 11 227 39 80 nimel@drenik.net www.nimel.net NORTH KARTON D.O.O. Igor Lavrnić Kronštatska 5/I/14 11000 Belgrade Tel: +381 11 414 20 81 contact@northkarton.com www.northkarton.com O ZONE A.D. Andrey Shibanov Maršala Birjuzova 3-5 11000 Belgrade Tel: +381 11 303 77 74 office@ozone-hotels.com www.ozone-hotels.com PREDSTAVNIŠTVO ENERGOGROUP D.O.O. Dušan Vukić Bul. Bulevar Zorana Đinđića 73/4, 11070 New Belgrade Tel: +381 11 715 50 00 office@energogroup.rs www.energogroup.co.rs PRIMNA Srđan Grujičić Ivićeva 8, 11080 Zemun, Tel: +381 11 316 91 42, info@primna.rs, www.primna.rs YUGOROSGAS A.D. Aleksej Muratov Zmaj Jovina 8-10, 11000 Belgrade Tel: +381 11 218 15 24 office@yugorosgas.rs www.yugorosgas.rs PROMONTA D.O.O. Darko Jovanović Studentska 1, 11000 Belgrade Tel: +381 11 319 12 90 darko.jovanovic@promonta.rs www.promonta.rs PUTNIK A.D. Dusan Filipović Palmira Toljatija 9, 11000 Belgrade Tel: +381 11 225 98 40 info@putnik.com www.putnik.com RASADNIK BRAĆA TOPALOVIĆ D.O.O. Ivan Topalović Karađorđeva 171, 15305 Lipolist, Tel: +381 15 274 331 info@topalovic.rs www.topalovic.rs

RRC D.O.O. Milanka Memon Tošin bunar 272 V 11070 Belgrade Tel: +381 11 204 20 70 info@rrc.rs www.rrc.rs RS PARTNERS – PES A.D. Sergej Kjuštjumov Sergej Durnov Alekseevič Belo Polje bb, 17530 Surdulica Tel: +381 17 815 010 info@rspartnerspes.com, www.agencijami.com/ rspartners www.rspartnerspes.com RUSKI CENTAR ZA NAUKU I KULTURU RUSKI DOM Nadežda Kusenkova Kraljice Natalije 33, 11040 Beograd, Tel: +381 11 268 83 00 sekretar@ruskidom.rs www.ruskidom.rs RUSKI POSLOVNI KLUB D.O.O. Vladan Branković Iličićeva 3, 11000 Belgrade Tel: +381 11 367 07 59 office@ruskiposlovniklub.rs www.ruskiposlovniklub.rs S&L D.O.O. Borislav Jokić Tošin Bunar 268 11070 Belgrade Tel: +381 11 655 56 30 office@s-l.co.rs www.s-l.rs/jokic/kontakt.html SBERBANK SRBIJA A.D. Marjana Vasilescu Bul. Mihaila Pupina 165g, 11070 New Belgrade Info centar: 0700 700 800 www.sberbank.rs SERBAGROCOM D.O.O. Alexey Isaev Bul. Mihajla Pupina 165/b, 11070 Belgrade Tel: +381 11 311 42 44 office@serbagro.com SILOVIJE MAŠINI – ZTL, LMZ, ELEKTROSILA, ENERGOMAŠEKSPORTPREDSTAVNIŠTVO BEOGRAD Mihail Cvetkov Valerevič Bulevar kneza Aleksandra Karađorđevića 13b/3, 11040 Belgrade Tel: +381 11 367 42 55 office.yu@power-m.rs SKY GLASS D.O.O. Bojan Jan Batajnički drum 27 11080 Zemun Tel: 381 11 307 30 00 office@skyglass.rs www.skyglass.rs SOKO INŽINJERING D.O.O. Andrej Jergović Bul. Arsenija Čarnojevića 125, 11070 New Belgrade Tel: +381 11 785 00 60 office@sokoing.rs www.sokoing.co SOGAZ ADO Jevgenij Naletov Valentinovič

Narodnog fronta 12, 21000 Novi Sad, Tel: +381 21 481 33 44 www.sogaz.co.rs SOFTWELL D.O.O Zoran Nadlački Vojvode Šupljikca 29 21000 Novi Sad Tel: +381 21 450 717 office@softwell.rs www.softwell.rs S.R.M.A. D.O.O. Sava Latinović Vojni put 165 c/II, 11080 Zemun, Tel: +381 11 377 39 00 srmazemun@beotel.net www.srmagroup.com SYNTHESIS QUATRO D.O.O. Aleksandar Osei-Lartey Narodnog Fronta 23, 21000 Novi Sad Tel:+381 21 261 63 62 office@sq.rs, www.sq.rs ŠEVAR D.O.O. Danijel Ristović Milićevo selo bb 31210 Požega Tel: +381 31 894 066 office@sevar.rs www.sevar.rs TEHNO LOGISTIC D.O.O. Milan Jovanović Kolarska 227, 11300 Smederevo, Tel: +38126 660 283, tehnologistic.sd@gmail.com TELETRADE CONSULTING D.O.O. Igor Filipović Despota Đurđa 13/2 /1st floor, office 2, 11000 Belgrade Tel: +381 11 292 08 25 office@teletrade-dj.rs www.teletrade-dj.rs TVB D.O.O. Vladimir Viktorovič Antonov Temisvarski put bb, 23000 Zrenjanin Tel: +381 23 524 210 tvbtepisi@mts.rs www. tvbcarpet.com TERMO TIM D.O.O. Goran Šobić Jurija Gagarina 32a 11070 Belgrade Tel: +381 11 228 91 88 Mob: +381 64 87 33 149 office@termotim.rs www.termotim.rs TRADEUNIQUE Tarasa Ševčenko 23 a,/XX 121151 Moskva, Rusija Tel: +7 495 730 08 88 www.tradeunique.com TREJD -SISTEM D.O.O. Dragan Trkulja Bulevar Oslobođenja 56, 11000 Belgrade Tel: +381 11 397 96 11 trejdsistem@yahoo.com www.trejdsistem.rs TRGOVINSKO PREDSTAVNIŠTVO RUSKE FEDERACIJE U REPUBLICI SRBIJI Andrej Hripunov

2017

Katićeva 8-10, 11000 Belgrade Tel: +381 11 264 22 55 mintorg@beotel.rs www.economy.gov.ru TQ PLAZA Mediteranska bb, Budva, Montenegro Tel: +382 68 855 855 showroom@tradeunique.com VAPEKS D.O.O. Valerij Fedjanin Konjevići bb, 32000 Čačak Tel: +381 32 381 991 office@vapeks.rs www.vapeks.rs VTB BANKA A.D. Markus Ferstl Balkanska 2, 11000 Belgrade Tel: +381 11 395 22 00 info@vtbbanka.rs www.vtbbanka.rs VULKAN GUME D.O.O. Aleksei Shchelkunov Toplički partizanski odred bb, 18000 Niš Tel: +381 66 833 70 15 info@vulkan.rs www.vulkan.rs W.D.CONCORD WEST D.O.O. Željko Drčelić Zrenjaninski put 152 đ, 11210 Belgrade Tel:+381 11 271 48 80 wdconcordwestdoo@gmail.com www.wdconcordwestdoo.com

FIRST DATA SRBIJA I CRNA GORA D.O.O. Olja Dakić Kopernikova 8, 11000 Belgrade Tel: +381 11 2071100 office@firstdata.rs www.firstdata.rs HUPRO D.O.O. BAČKI PETROVAC Jasna Rašeta, Director Narodne Revolucije 4 21 470 Bački Petrovac Tel: +381 22 615 055 dragojlovic@hupro.rs www.hupro.rs PROFICUT D.O.O. Ivan Zabunov Ruda Hrubika 6, 21470 Backi Petrovac Tel: +381 21 781425 office@proficut.rs www.proficut.rs SLOVARM D.O.O. Marija Durandži Autoput I-13 blok53 bb, 11070 Novi Belgrade Phone : +381 11 3730103 office@slovarm.co.rs www.slovarm.co.rs PREDSTAVNIŠTVO UNIMED PHARMA S.R.O. Rastislav Sabo Spanskih boraca 22b, 11070 New Belgrade Tel: + 381 11 3131863 office@unimedpharma.rs www.unimedpharma.rs

SLOVAKIA AERD - ASOCIJACIJA ZA EDUKACIJU I REGIONALNI RAZVOJ Danijela Ďuraš Jana Čajaka 2, 26215 Padina Tel: +381 64 526 13 20 durasova@aerd.org.rs aerd@aerd.org.rs www.aerd.org.rs AQUA THERM INVEST D.O.O. Jan Britka Novosadski Put bb 21470 Backi Petrovac Tel: +381 21 780 156 info@atinvest.rs www.atinvest.rs TATRAVAGONKA BRATSTVO Pavol Kováč Bikovacki put 2, 24106 Subotica Tel: +381 24 566 300 info@tvbratstvo.rs www.bratstvo.co.rs ENERGOCONTROLS – YU D.O.O. Libor Broncek Artemova 11, 23000 Zrenjanin Tel: +381 23 525254 www.energocontrols.sk TE CONTROLS KOVIN D.O.O. Sonje Marinkovic 6 26 200 Kovin Tel: +381 13 742 322,

SLOVENIA ADECCO OUTSOURCING D.O.O. Marko Kolenc Vladimira Popovića 40 11070 New Belgrade Tel: + 381 11 66 92 392 info.srbija@adecco.com www.adecco.rs ADVANT D.O.O. PREDSTAVNIŠTVO BEOGRAD Milorad Đukanović, Bul. Mihaila Pupina 10G/I / VP lok. 79, 11070 Belgrade Tel: + 381 11 3119 110 office@advant.rs www.advant.rs ADVOKATSKA KANCELARIJA JANKOVIĆ, POPOVIĆ & MITIĆ A.O.D. Nikola Janković, Partner Vladimira Popovića 6 11070 New Belgrade Tel: +381 11 2076850 office@jpm.rs, www.jpm.rs ADVOKATSKA KANCELARIJA KARANOVIĆ & NIKOLIĆ Dejan Nikolić, Partner Resavska 23, 11000 Belgrade Tel: +381 11 30 94 200 knserbia@ karanovic-nikolic.com www.karanovic-nikolic.com

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ADVOKATSKA KANCELARIJA MARIĆ Rajko Marić Bul. oslobođenja 78 21000 Novi Sad Tel: + 381 21 66 18 119 maricra@open.telekom.rs www.lawyermaric.com ADVOKATSKA KANCELARIJA MIROSLAVA MINJE NIKOLIĆA Miroslav Minja Nikolić 27. marta 11/I, 11000 Belgrade Tel: + 381 11 32 37 699 advokat@minjanikolic.rs ADVOKATSKA KANCELARIJA VUKOVIĆ I PARTNERI A.O.D. Dejan Vuković Bul. vojvode Putnika 24 11000 Beograd Tel: +381 11 3691 670 vukovic@vp.rs, www.vp.rs ALCA TRGOVINA D.O.O. Mitja Janežič Beogradska 7, 11272 Dobanovci Tel: +381 11 20 54 400 info@rs.alcagroup.com www.alca.rs AS NEŽIVOTNO OSIGURANJE A.D.O. Aleksandar Mitrović Bul. Milutina Milankovića 7v 11070 New Belgrade Tel: + 381 11 26 08 676 office@as-osiguranje.rs www.as-osiguranje.rs ASEE D.O.O. Zvezdan Horvat Ljubice Ravasi 16, 21 000 Novi Sad Tel: + 381 21 6624 688 office@asee.biz ASEE OGRANAK BEOGRAD Irena Bulat Strahinjića Bana 4, 11000 Belgrade Tel:+ 381 11 3640 740 bgoffice@asee.rs www.asee.biz BEL MEDIC OPŠTA BOLNICA Dr Jasmina Knežević Koste Jovanovića 87 11000 Belgrade Tel: +381 11 309 1000 belmedic@belmedic.rs www.belmedic.rs BIMEX D.O.O. PROEL Biserka Klajnšek Đorđa Stanojevića 9A 11070 New Belgrade Tel: +381 11 630 7880, biserka@bimex.si proel@softnet.rs www.bimex.si BISNODE D.O.O. Miran Kovač, Prokurist Milutina Milankovića 7v 11070 New Belgrade Tel: + 381 11 22 52 747

info@bisnode.rs www.bisnode.rs BTS SER COMPANY D.O.O. Tomaž Boh Milan Mihailović Bul. Vojvode Mišića 14 Sajam hala 6 , 11000 Belgrade Tel: +381 11 2656 068 milanbts@sezampro.rs www.bts-company.com CABLEX-S D.O.O. Goran Mikanović Slavka Adamovića 32 22240 Platičevo Tel: +381 22 2150 515 goran.mikanovic@ cablex-group.com www.cablex.si CASH BACK IMO D.O.O. Mirko Vincetić Stevana Markovića 8 11080 Zemun Tel: +381 11 307 6640 cashbackbelgrade@eunet.rs www.unitedcashback.com CELJSKE MESNINE Z DEŽELE D.O.O. Dane Mioković

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Miloša Pocerca 30/21

Autoput Beograd-Novi Sad 11000 Belgrade 96, 11080 Zemun Tel: + 381 11 3610 942

Tel: + 381 11 3750 227, celjskemesnine@ info@elitonbg.rs open.telekom.rs www.toneli.si www.celjske-mesnine.si ENEL PS D.O.O. CINKARNA CELJE D.D.Saša Mihailović PREDSTAVNIŠTVO Zelengorska 1g BEOGRAD 11070 New Belgrade Dragoljub Barbulović Tel: +381 11 3132 113 Resavska 76, 11000 Belgrade office@enelps.com Tel: + 381 11 265 94 84 www.enelps.com d.barba@yubc.net ESOTECH SOLUTIONS D.O.O. www.cinkarna.si Miran Špes CLEANGRAD D.O.O. Španskih boraca 52 Jernej Zupančič 11070 New Belgrade Rada Pušenjaka 1, 9240 Tel: + 381 11 233 0 194 Ljutomer, Slovenija Subotička 23, 11000 Beograd esotech.solutions.bg@ gmail.com Tel: + 386 2 585 1 600 jernej.zupancic@cleangrad.si www.esotech.si ETIB D.O.O. www.cleangrad.si Miodrag Stojković COMES D.O.O. Braće Jerković 120 Siniša Peleksić Viline Vode bb, 11000 Belgrade 11000 Belgrade Tel: +381 11 785 0 321 Tel: + 381 11 39 61 668

office@comes.co.rs etib@etib.rs www.comes.co.rs www.eti.si; www.etib.rs CONFIDA ETOL JVE D.O.O.

CONSULTING D.O.O. Ernest Kremžar Nevenka Petrović Bul. Vojvode Stepe 40, Knez Mihailova 22 21000 Novi Sad 11000 Belgrade Tel: +381 21 6302 011 Tel: + 381 11 303 91 04 ernest.kremzar@ office@confida.rs etol-jve.co.rs www.etol.com www.confida.rs EVOLVEA D.O.O. D.R. GILBERT CENTAR Aleksandar Nikolić GROUP D.O.O. Prizrenska 7/4, 11000 Belgrade Dragiša Ristovski Ilirska 5, Tel: +381 62 678 335 11000 Belgrade aleksandar.nikolic@ Tel: + 381 11 27 62 168 office@drgilbert-centar.com evolvea.rs www.drgilbert-centar.com www.evolvea.rs FENIKSŠPED D.O.O. DATA D.O.O. Boštjan Valenko Anita Ličen Žagar Zgornji Brnik 130 E Dunajska cesta 136 SI-4210 Brnik Aerodrom 1000 Ljubljana, Slovenija Tel: + 386 1 6001 530 Tel: + 386 4 201 68 01 data@data.si, www.data.si bostjan.valenko@ fenikssped.si DATALAB SR D.O.O. www.fenikssped.si Aleksandar Bukumirović FIRST DATA SRBIJA Bul. Arsenija Čarnojevića I CRNA GORA D.O.O. 99v, 11070 New Belgrade Olja Dakić Tel: + 381 11 404 86 00 Kopernikova 8, 11000 Belgrade info@datalab.rs Tel: +381 11 2071 100 www.datalab.rs office@firstdata.rs DHL MEĐUNARODNI VAZDUŠNI EKSPRES D.O.O. www.firstdata.rs Darko Babić FLOOREXPERTS D.O.O. Jurija Gagarina 36 v Matevž Trpin 11070 New Belgrade Jurija Gagarina 36d Tel: + 381 11 310 55 00 11070 New Belgrade info-rs@dhl.com Tel: + 381 11 22 81 409 www.dhl.rs info@floor-experts.rs DOBA FAKULTET ZA www.floor-experts.rs PRIMENJENE POSLOVNE FLUX PRO D.O.O. I DRUŠTVENE STUDIJE Đorđe Mitrović MARIBOR Majora Zorana Radosavljevića Polona Baloh 374, 11273 Batajnica Prešernova ulica 1, 2000 Tel: + 381 11 655 78 37 Maribor, Slovenija office@flux.rs, www.flux.rs Tel: + 386 2 228 38 90 FOCUS FACTOR PLUS D.O.O. polona.baloh@doba.si www.vpms.si; www.doba.rs Bokan Vladimir, Miklavž Borec Prve Pruge 43N, 11080 Zemun DON DON D.O.O. Tel: +381 11 2608 565 Aleš Mozetič office@focusfactor.rs Bul. Zorana Đinđića 144b www.focusfactor.rs 11070 New Belgrade Tel: +381 11 267 0935 FRIDRO ALATI D.O.O. Thomas office@dondon.rs Mori, Owner www.tvojih5minuta.rs Obrtniška ulica 12, 2360 EKAPIJA.COM D.O.O. ZA Radlje ob Dravi, Slovenija ELEKTRONSKE KOMUNIKACIJE Tel: + 386 2 88 79 144 Zdravko Lončar,Dir. thomas.mori@fridro.si

Bul. Mihajla Pupina 10A fridro@open.telekom.rs 11070 New Belgrade www.fridro.com Tel: + 381 11 7152 240 G4S SECURE SOLUTIONS D.O.O. marketing@ekapija.com Uroš Gojković www.ekapija.com Kumodraška 240 EKO-METAL D.O.O. 11000 Belgrade Ivana Gajin Grobljanska 2, 22408 Vrdnik Tel: + 381 11 20 97 900 Tel: +381 22 465 306 direkcija@rs.g4s.com; office@ekometal.com www.g4s.rs www.ekometal.com GAMA ELITON BG D.O.O. TONELI ELECTRONICS D.O.O. Nenad Ćosić Valentin Zdravko Špes

INTERNATIONAL BUSINESS SECTOR IN SERBIA

2017

Mišarska 11, 11000 Beograd Tel: + 381 11 333 0 333 info@bitsyu.net www.bitsyu.net GORENJE D.O.O. Stanka Pejanović Bul. Milutina Milankovića 7 11070 Novi Beograd Tel: + 381 11 35 4 100 office@gorenje.rs www.gorenje.com GRAD SUBOTICA - SKUPŠTINA GRADA SUBOTICA Jene Maglai, gradonačelnik Trg Slobode 1, 24000 Subotica Tel: + 381 666 666

mayor@subotica.rs www.subotica.rs GRAH AUTOMOTIVE D.O.O. Aca Zlatić Kneza Miloša Obrenovića 9A 34227 Batočina Tel: +381 34 501 060 aca.zlatic@grah-automotive.com; www.sga.si HALCOM A.D. Ivan Lacković Beogradska 39 11000 Belgrade Tel: +381 11 3306 502 info@halcom.rs www.halcom.rs HIDRIA D.O.O. BEOGRAD Zorica Vojinović

Jurija Gagarina 26V/III 11070 New Belgrade Tel: + 381 11 2286 634 beograd@hidria.com www.hidria.com HLB T&M CONSULTING D.O.O. Milka Živković Mlatišumina 19

11000 Belgrade Tel: + 381 11 3448 169 office@tmconsulting.co.rs www.tmconsulting.co.rs HOTELI BERNARDIN D.D. Kristjan Staničić Obala 2, 6320 Portorož, Slovenija Tel: + 386 56907000 mojca.gobina@ bernardingroup.si www.bernardingroup.si HSE BALKAN ENERGY D.O.O. Irena Stare Milutina Milankovića 27 11070 New Belgrade Tel: +381 11 3115 586 balkan.energy@hse.si www.hse.si HUNGUEST HOTELS ZRT. Karmen Kanyo Vak Bottyán u. 75/A-C H-1191 Budapest Tel: + 361 4819125 kanyok@hunguesthotels.hu www.hunguesthotels.com HYBAROX DRUŽBA Dragan Čakarević Ljuba Vučkovića 28

11010 Belgrade Tel: + 381 11 3972 632

dragan.m.cakarevic@ gmail.com HYUNDAI AUTO D.O.O. BEOGRAD Duška Urbancl Milutina Milankovića 7v 11070 New Belgrade Tel: + 381 11 2252 301 office@hyundai.co.rs www.hyundai.rs IB INTERBILANZ CONSULTING & AUDIT D.O.O. Marco Egger, Dean Košar Bul. Mihajla Pupina 115 D / 7. sprat, 11070 New Belgrade Tel: + 381 11 6557 043

office@ibgroup.rs www.ibgroup.at IEDC POSLOVNA ŠKOLA BLED Prof. Danica Purg

Prešernova 33 4260 Bled, Slovenija Tel: + 386 4 57 92 550

info@iedc.si www.iedc.si ILIRIKA BPH D.D. LJUBLJANA Igor Štemberger Slovenska cesta 54a 1000 Ljubljana, Slovenija Tel: +386 1 300 22 80 mirko.gracan@ilirika.si www.ilirika.si IMPOL SEVAL VALJAONICA ALUMINIJUMA A.D. Ninko Tešić Prvomajska bb 31205 Sevojno Tel: + 381 31 531 647 office@seval.rs www.seval.rs INFOSTUD 3 D.O.O. SUBOTICA Branislava Gajić, Aleja Maršala Tita 26/3-1 24000 Subotica Tel: + 381 24 4155 615 info@infostud.com www.infostud.com INOVA-GEOINFORMATIKA D.O.O. Goran Medić Jurija Gagarina 36 D 11070 Novi Beograd info@geoinova.rs www.geoinova.rs INTRA.NET COMMUNICATION D.O.O. Aleksandra Ilić Maksima Gorkog 57 11000 Belgrade Tel: + 381 11 2411 723 intranet.bgd@gmail.com www.intranetcentar.rs IPC D.O.O. Ivan Božić Bul. Milutina Milankovića 27, 11070 New Belgrade Tel: +381 11 71 31 674 office@ipcbgd.co.rs www.ipcbgd.co.rs ISKRATEL D.O.O. Andrej Polenec Svjetlana Kalaba Ljubljanska cesta 24a 4000 Kranj, Slovenija Tel: + 386 4 2072 000 arizanovic@iskratel.si; kalaba@iskratel.si www.iskratel.com JUB D.O.O. Aleksander Kuljaj Dositejeva 32 22310 Šimanovci Tel: + 381 22 409 999 jub@jub.rs, www.jub.si KALCER D.O.O. Metod Cerar Batajnički drum 294 11080 Zemun Tel: + 381 11 7488 316 info@kalcer.rs www.kalcer.rs KBM BANKA A.D. Ljubinka Lovčević, Pres. IO

Kralja Petra I 26 34000 Kragujevac Tel: +381 34 335 617 vesna.djoric@kbm.rs www.kbm.rs KD SKLADI D.O.O. Luka Podlogar Dunajska cesta 63 1000 Ljubljana, Slovenija Tel: + 386 1 582 67 80

kd-skladi@kd-group.si www.kd-skladi.si KEMIS D.O.O. Zoran Milovanović Bul. palih boraca 91/92 br.5 14000 Valjevo Tel: + 381 11 4140 945 info@kemis.rs www.kemis.rs KNEZ PETROL D.O.O. Knežević Sava

Carice Jelene 28 11000 Beograd Tel: + 381 11 8481 324 office@knezpetrol.com www.knezpetrol.com KOLPA D.O.O. Marko Doles Cvetna 1, 23000 Zrenjanin Tel: + 381 23 510 351 marko.doles@kolpa.si www.kolpa.si KOPERNIKUS TECHNOLOGY D.O.O. Srđan Milovanović, Dir. Gagarina 206 11070 New Belgrade Tel: + 381 11 2177 720 lela@kopernikus.rs; www.kopernikus.rs KORONA D.D. Dr Boštjan Strmčnik Cesta v Mestni Log 88a 1000 Ljubljana, Slovenija Tel: + 386 1 2803 500 korona@korona.si www.korona.si KOVINTRADE D.O.O. Maruša Kerč Bul. vojvode Mišića 14, hala 4 Beogradskog sajma 11000 Belgrade Tel:+ 381 11 3622 722 info@kovintrade.rs www.kovintrade.rs KOVIS BP D.O.O. Miroslav Đilas Industrijska zona bb 21400 Bačka Palanka Tel: + 381 21 754 186 miroslav@kovisbp.rs www.kovisbp.rs KRAS BEO D.O.O. Goran Mioković Bosanska 22, Novi Banovci 22304 Stara Pazova Tel: + 381 22 341 072

kras.goran@open.telekom.rs www.kras.si LAMAGO D.O.O. Goražd Ćuk Cara Lazara 12, 11000 Belgrade Tel: +381 11 328 56 22 gorazd@gorazdcuk.eu LIFE DESIGN HOTEL D.O.O. Miloš Plantarič Balkanska 18, 11000 Belgrade Tel: + 381 11 3534 300 sales@lifedesignhotel.rs www.lifedesignhotel.rs MAKSIM BG D.O.O.

Maks Bastl, Simon Bastl Kneza Miloša bb, 35230 Ćuprija Tel: +381 35 471 947

mirsad.draganovic@maksim.si simon.bastl@maksim.si www.maksim.si MARK MEDICAL D.O.O. Daniela Ciocchi, Director Partizanska cesta 109, 6210 Sežana, Slovenija Tel: +386 5 7070 200 info@mark-medical.com info-srb@mark-medical.com www.mark-medical.com MERKUR INTERNATIONAL D.O.O. Milan Borota Partizanske avijacije 4 11070 New Belgrade Tel: + 381 11 2057 211

info@merkur-trgovina.rs www.merkur-trgovina.rs MERKUR VRNJAČKA BANJA- SPECIJALNA BOLNICA Dejan Stanojević Bul. srpskih ratnika 18 36210 Vrnjačka Banja Tel: + 381 36 616 355

sladjana@vrnnjcispa.rs www.vrnjcispa.rs MPP JEDINSTVO A.D. Mića Mićić Prvomajska bb, 31205 Sevojno Tel: +381 31 532 911 office@mppjedinstvo.co.rs

www.mppjedinstvo.co.rs N.T.S. D.O.O. Velimir Kuzmanović Vajara Živojina Lukića 18 11070 New Belgrade Tel: +381 60 735 2222 info@nts-international.net www.nts-international.net NELT CO. D.O.O. Nebojša Šaponjić Maršala Tita 206 11272 Dobanovci Tel: +381 11 3779 100 office@nelt.com www.nelt.com NEW MOMENT NEW IDEAS COMPANY D.O.O. Žarko Sakan,Dir. Hilandarska 14, 11000 Belgrade Tel: + 381 11 3229 992

office@newmoment.com www.newmoment.com NLB BANKA BEOGRAD A.D. Branko Greganovič, Pres. of Exec. Board Bul. Mihaila Pupina 165v 11070 New Belgrade Tel:+ 381 11 2225 100 kabinet@nlb.rs, www.nlb.rs NLB INTERFINANZ D.O.O. Marko Schneider Bul. Mihaila Pupina 165v 11070 New Belgrade Tel: + 381 11 2225 351

bg@nlb.ch, www.nlbi.ch NLB LEASING D.O.O. Dušan Stankov, President of Executive Board Bul. Mihaila Pupina 165v 11070 New Belgrade Tel: + 381 11 2220 101

info@nlbleasing.rs www.nlbleasing.rs ODI D.O.O. Miloš Čurović, Partner Mileševska 7, 11000 Belgrade Tel: +381 11 2430 407 Serbia@odilaw.com www.odilaw.com OPŠTINA VRNJAČKA BANJA Andrija Boćanin Kruševačka 17a 36210 Vrnjačka Banja Tel: +381 36 612 627

zamenik.po@ vrnjackabanja.gov.rs www.vrnjackabanja.gov.rs P&S CAPITAL D.O.O. Dean Mikolič Slovenska cesta 56 1000 Ljubljana, Slovenija Tel: +386 1 2343 300 info@p-s.com www.p-s.com PANTEON PLUS D.O.O. Edvard Bešlagič,Director Cesta Jaka Platiše 13, 4000 Kranj, Slovenija info@rs.panteongroup.com www.panteongroup.com PERUTNINA PTUJ-TOPIKO D.O.O. Tomi Rumpf Petefi brigade 2, 24300 Bačka Topola Tel: + 381 11 2603 234 office@perutnina.rs www.perutnina.eu www.poli.rs PETROL D.O.O. Željko Bjelan Patrijarha Dimitrija 12V 11090 Belgrade Tel: +381 11 7152 230 petrolbg@petrol.co.rs www.petrol.co.rs POWER SYMBOL TECHNOLOGY D.O.O. PSTECH Branka Radovanović, CEO Milutina Milankovića 11b 11070 New Belgrade Tel: +381 11 2057 400 vladan.konstantinovic@ pstech.rs, www.pstech.rs PREVENT TRO S D.O.O. Granimir Simović, Director Ištvana Andrea 18

24300 Bačka Topola Tel: + 381 24 715 811 preventtros@stcable.rs www.prevent-tro.si PRIMORJE D.D. BEOGRAD Štefan Činč Bul. Zorana Đinđića 115 11070 New Belgrade Tel: + 381 11 3052 851 stefan.cinc@primorje.si www.primorje.si PRISTOP D.O.O. Bojan Jelačin Bul. Milutina Milankovića 136, ulaz A/1, 11070 New Belgrade Tel: + 381 11 7151 750

bojan.jelacin@pristop.rs; www.pristop.rs PRO KOLEKT D.O.O. Nikola Debač Internacionalnih brigada 59 11000 Beograd Tel: + 381 11 2402 866 office@prokolekt-serbiacom www.prokolekt-serbia.com PROFIL GROUP D.O.O. Zoran Lazukić Kralja Petra 45 11000 Belgrade Tel: +381 11 3282 383 zoran.lazukic@profil-group.com www.profil-group.com PRVI FAKTOR - FAKTORING D.O.O. Željko Atanasković Bul. Mihaila Pupina 165v 11070 New Belgrade Tel: + 381 11 2225 410 zeljko.atanaskovic@ prvifaktor.rs www.prvifaktor.rs RATING BONITETNA KUĆA D.O.O. Ljiljana Dević-Cupara Krunska 31/II/3, 11050 Beograd Tel: + 381 11 3036 263, office@rating.rs www.rating.rs REAL SECURITY D.O.O. Renato Uhl Meljska cesta 1 2000 Maribor, Slovenija Tel: +386 2 2347 474

info@real-sec.com www.real-sec.com REPRO KOLINSKA D.O.O. Bojan Fink Središka 5, 1000 Ljubljana, Slovenija

info@reprokolinska.si www.reprokolinska.si RIKO D.O.O. Janez Škrabec Bizjanova 2 1000 Ljubljana, Slovenija Tel: + 386 1 5816 300 riko@riko.si, www.riko.si SAINT GOBAIN GRAĐEVINSKI PROIZVODI D.O.O. RIGIPS Aleksandar Grujić Bul. Mihajla Pupina 115d 11070 New Belgrade Tel: + 381 11 2282 444

rigips.marketing@saintgobain.com, www.rigips.rs SANOLABOR D.O.O. Biljana Jevremović Bul. Umetnosti 4 11070 New Belgrade Tel: + 381 11 30 15 261 biljana.jevremovic@ sanolabor.rs www.sanolabor.si SAOP D.O.O. Dejan Kontić Kotorska 64, 21000 Novi Sad Tel: +381 21 6310 064 info@saop.rs, www.saop.rs SBERBANK SRBIJA A.D. Valeriy Ovsyannikov, Pres. of Executive Board Bul. Mihaila Pupina 165g 11070 New Belgrade Tel: +381 11 2257 498 info@sberbank.rs

www.sberbank.rs Branko Petrović SIMIČ & PARTNERJI D.O.O. Milutina Milankovića 23 Mojca Zidar 11070 New Belgrade Parmova ulica 53 Tel: +381 11 2201 605 1000 Ljubljana, Slovenija info@vizija-racunovodstvo.rs Tel: + 386 1 3000 600 www.vizija-racunovodstvo.rs info@simic-partnerji.si WEISHAUPT D.O.O. www.simic-partnerji.si Igor Herman SMART NARIS D.O.O. Bul. Mihajla Pupina 6 WINCHEM 11070 New Belgrade David Mohar Tel: + 381 11 22 00 601 Dunajska 51 info@weishaupt.rs 1000 Ljubljana, Slovenija www.weishaupt.rs Tel: + 386 1 6004 537 WORLD TRANSPORT info@smartnaris.si OVERSEAS SERBIA D.O.O. david.mohar@smartnaris.si Petar Višekruna www.smartnaris.si Viline vode bb L14-6 SOFTNET D.O.O. 11000 Belgrade Andrej Boštjančič Tel: + 381 11 7133 005 Borovec 2 IOC Tržin, 1236 salmng@wto.rs Tržin, Slovenija www.wtogroup.eu Tel: + 386 1 8 100 100 ZORAN POPOVIĆ, info@softnet.eu PR - AGENCIJA maja@softnet.rs ZA PREVOĐENJE www.softnet.eu - SLOVENAČKI JEZIK TAB BATERIJE D.O.O. Zoran Popović Mihailo Puzić Berbersko, Ciglana b.b

Zemunska 301 bb 23000 Zrenjanin 11277 Ugrinovci Tel: +381 23 533 591

Tel: +381 11 377 44 52 zorandxb@gmail.com office@tabbaterije.rs www.prevodjenje.rs www.tabbaterije.rs TRANSPORTŠPED D.O.O. Branislav Baćović Omladinskih brigada 19 11070 New Belgrade Tel: + 381 11 3185 729 SPAIN info@transportsped.co.rs www.transportsped.co.rs ASA GROUP TREVIS D.O.O. Tel: +381 11 612 13 10 Jovica Zeković info@asa-yu.eu Cara Dušana 91, 11080 Zemun www.asa-group.com Tel: + 381 11 2195 839 CONSTRUCCCIONES office@trevis.rs, www.trevis.rs RUBAU TRIMO-INŽENJERING D.O.O. Tel: +381 18 429 13 44 Zoran Cvijović www.rubau.com Novo Naselje 9, CORTIX 22310 Šimanovci Tel: +381 11 301 50 22 Tel: +381 22 480 100 Fax: +381 11 312 29 28 office@trimo.rs EIX HOTELS www.trimo.rs HOTEL SRBIJA UNION Tel: +381 13 835 545 HOTELI D.D. +381 13 834 170 Tomislav Čeh Fax:+381 13 835 252 Mikolšičeva 1 serbia@eixhotels.com 1000 Ljubljana, Slovenija office@hotelsrbija.rs Tel: +386 1 3081 958 www.hotelsrbija.rs martina.marusic@ ENGEL SYSTEMS D.O.O. union-hotels.eu Tel: +381 18 550 705/ 550 www.union-hotels 283/ 550 291 UNIOR TEOS ALATI D.O.O. Fax: +381 18 551 061 Ratko Teofilović nis@engel.es Gospodara Vučića 22 www.engel.es 11000 Belgrade EPTISA SOUTHEAST Tel: +381 11 7440 330 EUROPE D.O.O. office@uniorteos.com Tel: +381 11 240 02 22 www.uniorteos.com Fax: +381 11 240 01 11 UNIVERSAL EXPRESS eptisasee@eptisa.com D.O.O. DISTRIBUTIVNI www.eptisasee.com CENTAR INTEREUROPA FLUIDRA Nemanja Kačavenda ADRIATIC D.O.O. Zemunska 174 Tel: + 381 11 303 33 05 11272 Dobanovci Fax: + 381 11 303 33 06 Tel: + 381 11 3109 180 office@fluidra.rs office@intereuropa.rs www.fluidra.rs www.intereuropa.rs GRUPO AZVI VARNOST FITEP A.D. Tel: + 381 21 21 55 652 Predrag Krstić serbia@grupoazvi.es Gundulićeva 8-10 www.azvi.es 11080 Zemun INDITEX Tel: + 381 11 2192 974, SERBIA office@varnost-fitep.rs Tel: +381 11 202 3405 www.varnost-fitep.rs Fax: +381 11 202 3431 VIP MOBILE D.O.O. officeserbia@inditex.com Dejan Turk www.zara.com/rs Omladinskih brigada 21 ISTOBAL D.O.O. 11070 New Belgrade BEOGRAD Tel: + 381 11 2253 001 Tel: + 381 11 226 04 00 komunikacije@vipmobile.rs Fax: + 381 11 226 90 10 www.vipmobile.rs office@istobal.rs VISAN D.O.O. www.istobal.rs Predrag Ćurčić INVERBALKANS Jerneja Kopitara bb Tel: + 382 69 473 112 11080 Zemun +34 616 28 00 37 Tel: +381 11 3161 155 info@inveraqua.com visan@visan.rs, www.visan.rs www.inverbalkans.ls.rs VIZIJA KOTEKS VISCOFAN D.O.O. RAČUNOVODSTVO D.O.O. NOVI SAD

Tel: + 381 11 3336920 biljana.naumovic@astrazeneca.com www.astrazeneca.com ATLAS COPCO A.D Predrag Ilibašić Milutina Milankovića 23, 11070 New Belgrade Tel: +381-11-2201641 predrag.ilibasic@ rs.atlascopco.com www.atlascopco.com BROVEX MECHANICAL WORKSHOP AB Aleksandar Kunovac, VD Garpenbergsgatan 4, 163 53 Spånga, Vojina Paleksica 48, 21241 Kać Tel: 08-36 21 27 aleks@brovex.se www.brovex.se CINI D.O.O ČAČAK - VISION TECH Slobodan Spasović Ulica 15 bb, 32000 Čačak Tel: +381 32 5563305 office@cini.co.rs www.cini.co.rs MEDICON Petar Belokapić Vojvođanska 97, Dec 22441 Pećinci Tel: +381 22 493 118 office@medicon.rs www.medicon.rs GETINGE – MEDIKA -PROJEKT D.O.O Predrag Nikčević Kumodraska 241/a, 11000 Belgrade Tel: +381 11 3099699 SWEDEN medika@eunet.rs www.medika-projekt.rs A B B D.O.O - ASEA GRADITELJ BROWN BOVERI GROUP Aleksandar Ćosić Bulevar Peka Dapčevića 13, Zdravko Jokić Bul. Slobodana Jovanovica 11000 Belgrade 4a, 21000 Novi Sad Tel: +381 11 3094300 Tel: +381 21 4808400 www.abb.com zdravko@graditelj-group.com AKZO NOBEL SURFACE OGRANAK PRODAJNO CHEMISTRY AB -SERVISNI CENTAR CONING-PPI d.o.o.

GRADITELJ VRČIN Zoran Krusić Čedomir Milenković, Palmira Toljatija 4/55 Mose Pijade 17b, Vrcin 11070 Belgrade zoran.krusic@coning-ppi.co.rs 11000 Belgrade Tel: +381 11 8055706 Tel: +381 112698858 www.graditelj-group.com www.coning-ppi.co.rs INTER IKEA CENTRE AKZO NOBEL SRBIJA D.O.O. INDUSTRIAL COATINGS Mats Häggblom, AB VANEX D.O.O. Branko Mihajlov Petar Jovanović Autoput 22, 11080 Zemun Balkanska 29/III, Tel: +381 11 2098800 11000 Belgrade www.ikea.com Tel: +381 11 2688 865 ITT FLYGT www.akzonobel.com AB – MERIS D.O.O ALFA LAVAL SOUTH Zoran Dželatović EAST EUROPE, REPRESENTATIVE OFFICE Narodnih heroja 42/II , 11070 Belgrade BELGRADE Vit Pekarek, M.D. for South Tel: + 381 11 31 48 800 meris@meris.rs East Europe www.meris.rs Peter Stegel KANTHAL AB/ GRANLUND Gandijeva 122B, AB - ALSIMA D.O.O. 11070 New Belgrade Zeljko Preradović, Tel: + 381 11 2283108 koviljka.lukic@alfalaval.com Beogradska 133, 11224 Vrčin Tel: +381 11 80 36 311 www.alfalaval.com info@alsima.rs, www.alsima.rs AQUA CONSTANTA LABTEH EXPORT Vlajko Vukomanović -IMPORT D.O.O. Bela zemlja bb, 31000 Užice Zoran Milić, Director Mob: +381 65 27 89 111 Milutina Milankovića 7b/2 vlajko.vukomanovic@ 11070 Belgrade ddcompany.se Tel: +381 11 2161 825 AS IMPEKS office@labteh.co.rs Goran Branković www.labteh.co.rs Boška Stojanovića bb LINDAB KFT. 14000 Valjevo HUNGARY REP. Tel: +381 14 248438 OFFICE BELGRADE info@asimpeks.com Dejan Arsenijević www.asimpeks.com Gospodara Vučića 174 c/7, ASTRA ZENECA UK LTD 11000 Belgrade PREDSTAVNIŠTVO Phone/Fax: +381 11 2850927 Biljana Numović lindab@yubc.net Augusta Cesara 12, www.lindab.co.rs 11000 Belgrade LUVATA SRB D.O.O. Tel: +381 21 420 822/ 420 825/ 4899 600 Fax: +381 21 4899 665 info@viscofan.com www.viscofan.com MANGO SRB D.O.O. www.mango.com MEDCOM TECH SEE Tel: +381 11 242 1713 info@mctsee.com www.medcomtechgroup.com OGRANAK FOSTER WHEELER IBERIA, S.L. www.fwc.com OHL ZS, A.S. BEOGRAD Tel: + 381 11 216 81 82 Fax: + 381 11 216 81 82 office@ohlzs.rs www.ohl.es PROMOTOR-IRVA (TEKNIA) D.O.O. KRAGUJEVAC Tel: +381 34300052 Fax: +381 34337124 office@promotor-irva.com www.promotor-irva.com TECNALIA SERBIA D.O.O. BEOGRAD Tel: +381 11 324 64 19 www.tecnalia.com TECOZAM D.O.O. BEOGRAD www.tecozam.com URSA, DOO BEOGRAD Tel: +381 11 2137 480 Fax. +381 11 2137 480 assistance.srbija@uralita.com www.ursa.rs

SREMSKA MITROVICA Mario Merlino, Director Rumski Drum 1 22000 Sremska Mitrovica Tel: +381 22 21 56 300 snezana.licanic@luvata.com www.luvata.com KID EMANUEL FELIX TUNBJER Ruzveltova 48, 11040 Belgrade Tel: +381 11 2652857 www.mogul.com NESHVYL LTD Ljubica Miletić Zarkovacka 40, 11030 Belgrade Tel: +381 113559 856 office@neshvyl.com www.neshvyl.com ORIFLAME COSMETICS Nikola Baroli Vladimira Popovica 40, 11070 Belgrade Tel: +381 11 3536100 www.oriflame.co.rs PERTEN INSTRUMENTS – SUPERLABORATORY Vladan Kocić Milutina Milankovića 25, 11070 New Belgrade Tel: +381 11 2222222 superlab@eunet.rs www.super-lab.com NETICO-RADIUS D.O.O. NIŠ Vladeta Milenković Hilandarska 20, 18000 Niš Tel: +381 18 247536 www.radius.net SANDVIK SRBIJA D.O.O. Garabed Agop Barakian Bul. Mihajla Pupina 10B/II 11070 Belgrade Tel: +43 1 27 73 70 www.sandvik.com SCANIA SRBIJA D.O.O. Harald Woitke Veljko Stojanovic Druga industrijska 6 22 314 Krnješevci Tel: +381 11 41 441 63 v.stojanovic@scania.rs www.scania.rs SDK STEEL D.O.O. Dragan Kovačević Bul. Mihaila Pupina 10z 11070 New Belgrade Tel: +381 11 311 56 90 www.sandvik.com SEAVUS D.O.O. Dejan Stojanović St. Bogdan Popović 2 18000 Niš Tel: +381 18 4577 319 www.seavus.com SECURITAS SE Đorđe Vučinić Milentija Popovića 9-Sava Centar, 11070 New Belgrade Tel: +381 11 2284 050 office@securitas.co.rs www.securitas.com/rs SKF COMMERCE D.O.O. Predrag Jovanović Bul. Mihajla Pupina br. 10 Z/1, 11070 New Belgrade Tel: +381 11 311 61 81, www.skf.rs SSAB SWEDISH STEEL D.O.O. Nebojša Bogojević, Regional Sales Manager Bul. Kralja Aleksandra 518-V 11050 Belgrade Tel: + 381 11 3049 045 nebojsa.bogojevic@ssab. com, www.ssab.com TETRA PAK PRODUCTION D.O.O. Dan Ola Elmqvist Milutina Milankovića 11b, 11070 Belgrade Serbia Tel: +381 11 2017 333 www.tetrapak.com TROXO Mladen Stojanović, CEO Dušanov bazar, lok. 106

Dušanova 55, 18000 Niš Tel: +381 18 29 29 40 info@troxo.com www.troxo.com VALHALL D.O.O/HUSQVARNA Predrag Knežević Banovačka 60 22300 Stara Pazova Tel: +381 22 36 63 00 office@valhall-group.com www.yu.husqvarna.com VEKOM CO/MARKO LIFT Saša Budanović Jove Ilića 31, 11040 Belgrade Tel: +381 11 30 98 165, office@vekomco.rs www.vekomco.rs VERISEC LABS D.O.O. Dragoljub Nešić Francuska 6/I, 11000 Belgrade Tel: +46 8 723 09 00 dragoljub.nesic@verisec.com www.verisec.com VOLVO D.O.O Johan Ulfson Björnör, Generalni direktor Dragana Krstić Svetosavska 213, 22304 Novi Banovci Tel: + 381 22 36 66 00 natalija.stasic@volvo.com www.volvotrucks.com WINSTART D.O.O. Pera Tut Nikolajevska 2, 21000 Novi Sad Tel: +381 21 67 400 24 www.tart.rs

SWITZERLAND ABSOLUT TIME Olivera Stojanović Knez Mihailova 47 11000 Belgrade bojana@absolut-time.rs www.absolut-time.rs ADVOKAT VLADIMIR ĐERIĆ Vladimir Đerić Vlajkovićeva 28 11000 Belgrade www.mjb.rs ADECCO OUTSOURCING D.O.O. Marko Kolenc Vladimira Popovića 40 11070 New Belgrade silvija.zivkovic@adecco.com Vanja.adžemovic@adecco.com www.adecco.rs ALLIANCE INTERNATIONAL MEDIA D.O.O. Maja Vidaković Makenzijeva 67, 11000 Belgrade office@aim.rs www.aim.rs ALMA QUATTRO D.O.O. Sandra Dejanović Dositejeva 20/3 11000 Belgrade www.almaquattro.rs ALL ME COSMETICS Natasa Novičić Slobodanka Vlajčić Resavska 21/3, 11000 Belgrade s.vlajcic@ludacommodities.ch www.allmecosmetics.rs AQUAWELL PRODUCTION D.O.O. Miša Jovanović www.aquawell.com BASNA Vesna Bauer Atenica 74/1, 32104 Čačak www.basna.net BARRY CALLEBAUT SEE D.O.O. Stojan Kemera Jurija Gagarina 32a 11000 Belgrade milana_mosurovic@

2017

barry-callebaut.com www.barry-callebaut.com BDK ADVOKATI Marija Doci Majke Jevrosime 23 11000 Belgrade office@bdklegal.com www.bdklegal.com BELLEVUE SME ADVISORS GMBH Paul Vuolle Kantonstrasse 25 8807 Freinbach, Switzerland www.bellevue-advisors.ch BEOTIM Marko Ilić Radnih Akcija 55, 11250 Železnik www.beotim.net BIRAC COMMUNICATIONS D.O.O. Jovan Birac Ibarska 13/5, 11000 Belgrade www.birac.rs CORESIDE SAVILLE Dejan Stanarčević Bul. Mihajla Pupina 115v 11070 Belgrade www.savills.com COLOR MEDIA COMMUNICATIONS Milica Đokić Ruža Ristanović Ruza.ristanovic@color.rs www.diplomacyand commerce.rs CONFIDA CONSULTING Christian Braunig Nevenka Petrović Knez Mihailova 22 11000 Belgrade N.Petrovic@confida.rs www.confida.rs GA D.O.O. Ivan Alikaflić Ljubomira Stojanovića 21 11000 Beograd www.gadoo.rs GOMEX Goran Kovačević Miletićeva 27a 23 000 Zrenjanin kontakt@gomex.rs www.gomex.rs HAVAS WORLD WIDE Alex Milićević Koče Kapetana 47 11111 Belgrade office@havasww.rs www.havasww.rs INTERNATIONAL EDUCATIONAL CENTRE D.O.O. NOVI SAD Petar Nikolić Janka Čmelika 24 21 000 Novi Sad IMETAL D.O.O. Branislav Filipović Zrenjaninski put 11-O 11000 Belgrade imetalsrb@gmail.com IMMO CASH BACK Mirko Vinćetić Stevana Markovića 8 11000 Belgrade cashbackbelgrade@eunet.rs www.refundacijapdv.com KARANOVIĆ&NIKOLIĆ LAW OFFICE Ana Stanković Bulevar Mihajla Pupina 6/15, 11070 Belgrade alexandra.yoshida@karanovic-nikolic.com www.karanovic-nikolic.com KINSTELLAR D.O.O. Branislav Marić Bulevar Mihaila Pupina 10L 11070 Belgrade jelena.pajic@kinstellar.com www.kinstellar.com KONZUL D.O.O Marko Slijepčević Stevana Musića 1 21000 Novi Sad mirjana.ninkovic@konzul.rs www.konzul.rs KOELEMAN FOOD PRODUCTS

Placide Machoud Stevana Sinđelića BB 35210 Svilajnac www.koeleman.rs LAW OFFICE ALEKSIĆ Nemanja Aleksić Grčkoškolska 1 21000 Novi Sad aleksicsasaradnicima@ lawofficealeksic.rs www.lawofficealeksic.rs LAFARGE HOLCIM Dimitrije Knjeginjić Trg BFC 1, 21300 Beocin natasa.becarevic@ lafargeholcim.com www.lafargeholcim.com MASTER TIME Branivoje Lazovic Obilicev venac 22 11000 Belgrade office@mastertime.rs www.mastertime.rs MET SRB Ljubomir Nedeljković Bul. Zorana Djindjica 48a, 11070 Belgrade natalia.milic@met.com www.met.com MITAN OIL D.O.O. Dušan Vuković Terazije 16/III, 11000 Belgrade office@mitanoil.rs MK GROUP Aleksandra Stojanović Bul.Mihajla Pupina 115e 11000 Belgrade Aleksandra.stojanovic@ mkgroup.rs www.mkgroup.co.rs MONTEROSA Adrien Alkabes Ruzveltova 23, 11000 Belgrade office@monterosa.rs MOSER-SQTS D.O.O. SWISS QUALITY TECHNICAL SERVICES Ted Moser Tršćanska 21, 11080 Zemun marija@moser-sqts.rs www.moser-sqts.rs MRG EXPORT -IMPORT D.O.O. Milun Grbović Ustanička 25/V 11000 Belgrade office@mrg.rs www.mrg.rs MUTARA TREUHAND AG Severin Knusel Dorfstrasse 38 CH-6340 Baar www.mutara.ch NAMICS D.O.O. Catherine Ferrary Simon Kneza Mihaila 33 11000 Belgrade namics.com/en NELT CO Marko Milanković Maršala Tita 206, P.O. Box 530, 11272 Dobanovci Stamatovic.N@nelt.com www.nelt.com NESTLE ADRIATIC S D.O.O. Yana Mikhailova Milutina Milankovića 11 A 11070 Belgrade jelica.maras@rs.nestle.com www.nestle.rs NOVARTIS Predrag Bogavac Omladinskih Brigada 90A/3, 11070 Belgrade OMYA VENCAC D.O.O. Mihailo Hadžistević Venčački put bb 34300 Arandjelovac www.omya.com PGP Nevena Beljin Ćukovački kut 8a, 11080 Zemun www.pggrupa.rs PETITE GENEVE PETROVIĆ Sava Petrović

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Uskočka br 7, 11000 Belgrade www.petitegeneve.com PRETEK D.O.O. BEOGRAD Gordana Brossard Rige of Fere 7, 11000 Belgrade www.precel.ch PROFESSION GROUP Snezana Simin Dečanska 13/21 11000 Belgrade www.professiongroup.com PRICA AND PARTNERS Miloš Vulić Kosančićev venac 20 11000 Belgrade office@pricapartners.com www.pricapartners.com RINGIER AXEL SPRINGER D.O.O. Biljana Rasinac biljana.rasinac@ringier.rs Žorža Klemansoa 19 11000 Belgrade www.ringieraxelspringer.rs ROCHE D.O.O. SERBIA Ana Govedarica Milutina Milankovica 11A 11070 Belgrade dragana.zoretic@roche.com www.rochesrbija.rs SANDOZ PHARMACEUTICALS D.D. REPRESENTATIVE OFFICE BELGRADE Ljubisa Kukurić Kneginje Zorke 2 11000 Belgrade nikola.mikasinovic@ sandoz.com marija.tisma@sandoz.com www.novartis.com SGS BEOGRAD LTD Marinko Ukropina Jurija Gagarina 7 b 11000 Belgrade Zoran.Malic@sgs.com Tanja.Loncar@sgs.com www.sgs.rs SIKA D.O.O. SERBIA Dragan Gavrilović Patrijarha Pavla 1 22310 Šimanovci radijevac.aleksandar@ rs.sika.com www.srb.sika.com SICPA Yannis Egloff Av de Florissant 41 1008 Prilly, Switzerland www.sicpa.com SKY EXPRESS Majo Micović Uroša Martinovića 13 11000 Belgrade www.sky-express.rs STANDARD FURNITURE SRBIJA Edin Dacić Borivoja Velimanovića bb 35230 Ćuprija www.standard-serbia.com STAR IMPORT/EMIL FREY Stefan Voros Omladinskih brigada 33 11070 Belgrade aleksandra.miladinovic@ starimport.rs www.mercedes-benz.rs SR TECHNICS SERVICES D.O.O. Milena Gajovic-Shrestha Omladinskih Brigada 90G 11070 Belgrade jelena.petrovic@ srtechnics.com www.srtechnics.com SUPERROADS D.O.O. Ana Vitorović Makenzijeva 15 11000 Belgrade www.superroads.rs SWISS EDUCATION GROUP Jovana Pejčić Avenue des Alpes 27

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CH-1820 Montreux, Switzerland www.swisseducation.com SYGMA CONSTRUCTION Zoran Jevtić Severni Bulevar 17v 11000 Belgrade office@sygma.rs TELEMIIVA GMBH Ivan Mirić www.solar-miiva.ch www.visuals.rs TEKNOX GROUP SRBIJA Bogdan Pavlović Autoput za Niš 17 11224 Vrčin www.teknoxgroup.com TRS D.O.O. Goran Andrić Rudnička 1, 11118 Belgrade www.trs.rs TSG OFFICE Ljubica Tomić Carice Milice 3, 11000 Belgrade office@tsg.rs www.tsg.rs VISUAL IMPACT D.O.O. BEOGRAD Darko Milojković Oblakovska 28 11000 Belgrade ZUHLKE ENGINEERING Aleksandar Marjanović Milena Trkulja Španskih boraca 1 11070 New Belgrade milena.trkulja@zuehlke.com www.zuehlke.com YVES-MICHEL CVRCANIN Yves-Michel Crvcanin Avenue Avant-Poste 19 1005 Lausanne ymc@ymclaw.ch www.ymc.ch

www.cacanskabanka.co.rs INS EKOL D.O.O. Ibrahim Donmez,Dir. Smederevski put 45, 11000 Beograd Tel:+381 11 341-55-05 ekol@ekol.rs, www.ekol.rs JUMLINE D.O.O. Ibrahim Yumusak,Dir. Vojvode Mišića 17, 11000 Belgrade Tel: +381 11 3691294 jumline@hotmail.com LYCTUM D.O.O. Erkan Muhacir Pavla Vujisića 78A, 11080 Zemun Tel: +381 11 3141060 info@lyctum.com www.lyctum.com MARTEX D.O.O. Marija Kade Babičkih Odreda 76, 18000 Niš Tel: +381 18 590431 martexd.o.o.@hotmail.com MN DURAN D.O.O. BEOGRAD Nedret Duran Gospodska 3,11080 Zemun Tel: +381 11 2105212 mnduran@eunet.rs NOBEL ILAC SANAYII VE TICARET A.S D.O.O. Dejan Popović Molerova 78,11000 Beograd Tel: +381 11 344 5947 office@nobelpharma.rs www.nobelpharma.rs OBBATEX D.O.O. Jusuf Memedov Simeona Končarevića 40, 11080 Zemun Tel: +381 11 3166191 SUR SOFRA DONER Nihat Ersan Kralja Milana 47, 11000 Beograd Tel: +381 11 3640627 TATLE D.O.O. Eyyup Sabri Yuncu,Dir. Autoput 20/I/18 TURKEY 11000 Beograd ADORA D.O.O. Tel: +381 11 20 139 85, www.tatle.izlog.org.rs Omer Simsek PREDSTAVNIŠTVO Episkopa Nikolaja 22, TURK HAVA 11000 Belgrade YOLLARI A.O. Tel: +381 11 3077822 info@adora.rs, www.adora.rs Mehmet Alagöz Knez Mihailova 30/V AMAN D.O.O. 11000 Belgrade Nemanja Petrović Vinogradska 52A, 11271 Surčin Tel:+381 11 303 61 95 ksimic@thy.com Tel: +381 11 2260 556 www.turkishairlines.com komunikacioni.centar@ aman.co.rs, www.aman.co.rs UNSAL D.O.O. Faruk Omer Pamukoglu,Dir. BEJZA D.O.O. EDUKATIVNI Save Kovačevića 86, CENTAR 36300 Novi Pazar Murat Koč Tel: +381 20 311415 Vuka Karadžića 7, omerpamukoglu@gmail.com 11000 Belgrade Tel: +381 11 3281449 info@bejza.edu.rs www.bejza.edu.rs BEKO BALKANS UKRAINE Arel Atakol Trešnjinog cveta 1 FLYTIME D.O.O. 11000 Beograd Jelena Kindđić Tel: +381 62 222405 Palmotićeva 27 office@beko.rs 11000 Belgrade www.beko-sr.com Tel: + 381 11 41 41 444 FLORY D.O.O. office@avio-karte.rs Mithat Yusuf Kaya www.avio-karte.rs Grigorija Božovića 10b METINVEST SMC BELGRADE LLC 11080 Zemun Bogdan Sagan Tel: +381 11 377 49 93 mitatyusufkaya@hotmail.com Vladimira Popovića www.florylutke.com 11070 Belgrade HALKBANK A.D. Tel: +381 11 4067 196 BEOGRAD office@metinvestsmc.rs Kenan Bozkurt www.metinvestholding.com Bul. Milutina Milankovića 9ž, 11070 Beograd Tel: +381 11 2041 800 office@halkbank.rs

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Zrenjaninski put 11 11210 Belgrade Tel: + 381 11 413 44 44 AFFORDABLE TIMBER dusan.tomic@britishmotors.rs www.britishmotors.rs WINDOWS LTD Stephen Earle BRITISH SERBIAN CHAMBER OF Dunavska bb COMMERCE 21300 Beočin Nebojša Milićević Tel: + 381 21 871 611 Durmitorska 4 / VIII / 44 se@atwindows.com www.affordabletimberwin- 11000 Belgrade dows.com Tel: + 381 63 237 303 AGENA TECHNOLOGY nebojsa@britserbcham.eu Ismet Grebović www.britserbcham.eu BUPA INTERNATIONAL Dositejeva 31 BELGRADE 22310 Šimanovci Nikola Lalić Tel: + 381 22 408500 office@agenatechnology.com Milovana Marinkovića 4 www.agenatechnology.com 11040 Belgrade AIRTREND GOBRID Tel: + 381 11 246 27 65 Goran Kolić bupayu@infosky.net Kumanovska 14 nlalic@sbb.rs 11000 Belgrade www.bupaglobal.com CUMMINS WEST Tel: + 381 11 383 68 86 BALKANS D.O.O. airtrend@eunet.rs Goran Galić gobrid@eunet.rs Šesta Industrijska 3 www.airtrend.rs ALLIED 22330 Nova Pazova PICKFORDS SERBIA Tel: + 381 22 328 093 Katarina Bjelobaba goran.galic@cummins.com Zarka Obreskog 23 www.cumminseurope.com DELAMODE 11273 Zemun-Belgrade BALKANS movers@allied.rs Mišo Božić www.allied.rs ALTIS Bul. Mihajla Pupina 115v, III CHEMICALS D.O.O. flor, 11070 New Belgrade Aleksandra Nijemčević Tel: + 381 11 31 22 422 Požeska 15A info.rs@delamode-group.com 23000 Zrenjanin miso.bozic@ Tel: + 381 23 54 94 12 delamode-group.com altischemicals@gmail.com www.delamode-balkans.com/rs DELPHI PACKARD D.O.O. www.altis.co.rs ARBOR EDUCATION NOVI SAD Vladimir Cvejanović Antoni Babicz Nova Iskra, Gavrila Principa Privrednikova 20 43, 11000 Belgrade 21000 Novi Sad Tel: + 381 11 405 18 97 Tel: + 381 21 340 82 05 info@arbor-education.com delphiserbia@delphi.com www.arbor-education.com www.delphi.com ARUP DELOITTE D.O.O. Aleksandar Bajović Srđan Petrović Kneginje Zorke 77/4 Terazije 8, 11000 Belgrade 11000 Belgrade Tel: + 381 11 381 21 00 Tel: + 381 11 209 98 50 ceyuinfo@deloittece.com Aleksandar.Bajovic@ www.deloitte.com/rs DOOSAN arup.com belgrade.office@arup.com BABCOCK LTD - OGRANAK BEOGRAD-NOVI BEOGRAD www.arup.com ASTELLAS PHARMA John Beaton Jovica Lukić Kraljice Natalije 11 Strahinjića Bana 39 11070 Belgrade 11000 Belgrade Tel: + 381 11 205 05 00 Tel: + 381 11 785 05 00 john.beaton@doosan.com tamara.zikic@astellas.com www.doosanpowersystems.com EC HARRIS IN www.astellas.eu ASTRA ZENECA PARTNERSHIP WITH STMG Ksenija Purković CONSULTANCY Saša Trajković Bul. Vojvode Mišića 15 Bul.dr Zorana Đinđića 144v 11000 Belgrade 11070 Belgrade Tel: + 381 11 333 69 32 csbg.office@astrazeneca.com Tel: + 381 11 353 54 00 sandra.peric@astrazeneca.com sasa.trajkovic@ www.astrazeneca.com stmgconsultancy.com BRIAN LACK www.stmgconsultancy.com AND COMPANY EFT ENERGY Hyatt Regency Belgrade, FINANCING TEAM D.O.O. Vuk Milentija Popovića 5 Hamović 11070 Belgrade Španskih boraca 3/IV Tel: + 381 11 301 11 61 sanja.mitrovich@brianlack.co.rs 11070 Belgrade belgrade@brianlack.co.rs Tel: + 381 11 301 10 21 www.brianlack.co.rs press@eft-group.net BRITISH AMERICAN www.eft-group.net EMAC UPRAVLJANJE TOBACCO SOUTH EAST INVESTICIJAMA D.O.O. EUROPE D.O.O. Dragan Penezić Dušan Mijić Bul. Mihajla Pupina 165G Ruđera Boškovića 2c 11070 Belgrade 21000 Novi Sad Tel: + 381 11 310 87 00 Tel: + 381 21 474 10 60 dragan_penezic@bat.com dmijic@illyrianfunds.com marija_kralj@bat.com www.illyrianfunds.com ENDAVA D.O.O. www.bat.com DIV PRODUCTION PLANT BEOGRAD Stefana Prvovenčanog 209 Branka Radovanović 17500 Vranje Bul.Milutina Milankovića 11b Tel: + 381 17 401 226 11070 New Belgrade BRITISH MOTORS D.O.O Tel: + 381 11 205 74 00 Dušan Tomić info.belgrade@endava.com

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www.endava.com ENVIRONMENTAL RECOVERY INCORPORATED Dejan Barić, John Anderson Velbuška 4, 11000 Belgrade Tel: + 381 64 126 52 46 dbaric@envireco.eu www.envireco.eu ERGOMED (REF. PRIME VIGILANCE) Dušan Marković Novi Sad Tel: + 381 21 635 08 40 dusan.markovic@ ergomedplc.com www.ergomedplc.com ERNST&YOUNG Ivan Rakić Španskih boraca 3 11070 Belgrade Tel: + 381 11 209 58 00 ey.office@rs.ey.com ivan.rakic@rs.ey.com www.ey.com/OurLocations GARDNER DENVER D.O.O. (EX COMPAIR SOUTH EAST EUROPE D.O.O.) Dejan Đorđević Ive Andrica 46, 11300 Smederevo Tel: + 381 63 45 11 75 dejan.djordjevic@ gardnerdenver.com www.compair.co.rs G4S SECURITY SERVICES D.O.O. Panagiotis Dermitzoglou Kumodraška 240 11000 Belgrade Tel: + 381 11 309 27 00 office@rs.g4s.com panagiotis.dermitzoglou@ rs.g4s.com www.g4s.com/rs GLAXO SMITHKLINE (GSK) EXPORT LTD Marija Krstić Aleksandar Milojković Omladinskih brigada 88 11070 Belgrade Tel: + 381 11 310 57 00 serbia_info@gsk.com www.glaxosmithkline.rs GLOBAL SUBSTATION SOLUTIONS D.O.O. Radomir Nedić The Sava Centre, Milentija Popovića 9, 11070 Belgrade Tel: + 381 11 220 63 47 enquiries@gss.eu.com radomir.nedic@gss.eu.com www.gss.co.rs GRAYLING Nataša Tršlić Stambak Gospodar Jovanova 81 11000 Belgrade Tel: + 381 11 328 70 80 natasa.trslic@grayling.com www.grayling.com HARRISONS Mark Harrison Bul. Mihajla Pupina 6, PC Ušće, 11070 Belgrade Tel: + 381 11 312 98 25 office@harrison-solicitors.com www.harrison-soilcitors.com HRG SERBIA & MONTENEGRO Predrag Spanjević Slobodan Leposavić Topličin venac 19-21 11000 Belgrade Tel: + 381 11 202 80 70 office@rs.hrgworldwide.com www.hrgworldwide.com IB SOLUTIONS Alex Silvestri Strahinjića Bana 40 11000 Belgrade Tel: + 381 11 328 52 72 a.silvestri@ib-solutions.org www.ib-solutions.org IMI INTERNATIONAL Aleksandar Minić Milutina Milankovića 1-b

11070 Belgrade Tel: + 381 11 711 14 84 aleksandar.minic@ imi-hydronic.com www.imi-international.bg INTERTEK Dejan Žižić Njegoševa 48 11000 Belgrade Tel: + 381 69 74 10 09 Dejan.zizic@intertek.com www.intertek.com JONES LANG LASALLE D.O.O. (MERGED WITH KING STURGE IN MAY 2011) Andrew Peirson Danube Business Center, Bul.Mihajla Pupina 10 L 11070 New Belgrade Tel: + 381 11 785 06 00 belgrade@eu.jll.com www.jll.rs KRESTON MDM Jelena Mihić Munjić Takovska 11, 11000 Belgrade Tel: + 381 11 323 43 77 jelena.mihic@mdmrevizija.com www.krestonmdm.com KPMG D.O.O. James Thornley Kraljice Natalije 11 11000 Belgrade Tel: + 381 11 205 05 00 info@kpmg.rs www.kpmg.rs LAURENCE WALTER SERBIA Aleksandar Đuričić Daliborka Kragović Kovinski put bb 11300 Smederevo Tel: + 381 26 653 770 daca.kragovic@ laurencewalter.com www.lwserbia.com LODGE COTTRELL Dušan Filimonović Antifasisticke borbe 17/52 11 070 New Belgrade Tel: + 381 64 201 09 69 dusan@danubeconsulting.net www.lodgecottrell.com MACE D.O.O. Branislav Simović Heroja Milana Tepića 3 11000 Belgrade Tel: + 381 11 400 02 22 serbia@macegroup.com www.macegroup.com MOTT MACDONALD Ratko Janković Kneginje Zorke 2, 1 floor 11000 Belgrade Tel: + 381 11 308 22 11 Ratko.Jankovic@mottmac.com www.mottmac.rs OWEN OWEN James Owen Kosovska 17/II, 11000 Belgrade Tel: + 381 11 324 22 44 office@owenowen.rs www.owenowen.rs PARKVETS - NS Srđan Srđanov Dimitrija Polit Desančića 14 21480 Srbobran Tel: + 381 21 735 496 parkvets@stcable.rs www.parkvets.com PHARM-OLAM INTERNATIONALD.O.O Petar Turčinović Đorđa Stanojevića 14, Belgrade Office Park 11070 Belgrade Tel: + 381 11 353 87 00 petar.turcinovic@ pharm-olam.com www.pharm-olam.com POSEIDON GROUP James Gunn Atanasov Carice Milice 12/I/2 11000 Belgrade Tel: + 381 11 655 80 11

info@poseidon-gp.com james.gunn@poseidon-gp.com www.poseidon-gp.com PLUTO CAPITAL LTD SERBIA Justin Faiz Maksima Gorkog 75/8 11000 Belgrade Tel: + 381 11 262 79 82 info@pluto-finance.com www.plutocapital.com PRICEWATERHOUSE COOPERS D.O.O. Emmanuel Koenig Omladinskih brigada 88a 11070 Belgrade Tel: + 381 11 330 21 00 office@rs.pwc.com gordana.zuvic@rs.pwc.com www.pwc.rs PRIME VIGILANCE ZAGREB (REF. ERGOMED) Dragan Kovačević Zagreb, Hrvatska Tel: + 385 14 628 527 dragan.kovacevic@ primevigilance.com www.primevigilance.com PROINSO Maša Njegovan Vladimira Tomanovića 2 11000 Belgrade Tel: + 381 64 265 28 96 mnjegovan@sales-proinso.net www.proinso.net RIO TINTO/ RIO SAVA EXPLORATION D.O.O Richard Storrrie Takovska 45, 11000 Belgrade Tel : + 381 11 276 14 77 serbia@riotinto.com jelena.aleksic@riotinto.com www.riotinto.com/jadar SAE INSTITUTE BELGRADE Olivera Lazarević Čika Ljubina 8, 3rd floor 11000 Belgrade Tel: + 381 11 262 66 32 belgrade@sae.edu www.belgrade.sae.edu SANTA FE RELOCATION Maja Karaulić Žitna 28, 11272 Dobanovci- Belgrade Tel: + 381 11 353 63 50 belgrade@santaferelo.com www.santaferelo.com SIGNATURE GLOBAL D.O.O. Dejan Jeremić Prelivačka 3 11211 Belgrade – Borča Tel: + 381 11 328 12 87 info@signatureglobal.rs dejan@signatureglobal.rs www.signatureglobal.rs SONY PROFESSIONAL SOLUTIONS EUROPE Đorđe Đukanović Omladinskih Brigada 88a 11070 Belgrade Tel: + 381 11 222 59 72 Djordje.Djukanovic@sony.com www.sony.rs SOUTH EAST EUROPE CAPITAL PARTNERS (SEECAP) Zoran Mitić Nemanjina 4, 11 000 Belgrade Tel: + 381 11 363 59 35 office@seecap.com zoran.mitic@seecap.com www.seecap.com TENSAR Vitomir Dobrić Generala Stefanika 13/35 11000 Belgrade Tel: + 381 63 220 236 vdobric@tensar.rs www.tensar.co.uk TETHYAN RESOURCES D.O.O Anđelija Vujović Bokeljska 7, 5.sprat, stan 32 11000 Belgrade Tel: + 381 11 407 74 33 andjelija@tethyan-resources.com

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ATLAS GROUP www.atlas-g.com AUDATEX SE EUROPE www.audatex.rs AVON COSMETICS D.O.O. www.avon.com BALKAN TRUST FOR DEMOCRACY -PREDSTAVNIŠTVO GERMAN MARSHALL FONDA SJEDINJENIH AMERIČKIH DRŽAVA www.gmfus.org/grants-fellowships/grantmaking-programs/balkan-trust-for-democracy/ BALKANS REAL ESTATE (MPC PROPERTIES) www.mpcproperties.rs BALL PACKAGING EUROPE www.ball-europe.com BANCA INTESA A.D. BEOGRAD www.bancaintesa.rs BDK ADVOKATI www.bdklegal.com BDO D.O.O. www.bdo.co.rs BEL MEDIC GENERAL HOSPITAL www.belmedic.com BELGRADE OPEN SCHOOL www.bos.rs BELGRADE PHILHARMONIC ORCHESTRA www.bgf.co.rs BELGRADE WATERFRONT www.belgradewaterfront.com BEST SEED PRODUCER LTD www.bestseedproducer.com BISNODE D.O.O. www.bisnode.rs BOJAN ŠĆEPANOVIĆ OF MCB MENADŽMENT CENTAR BEOGRAD www.mcb.rs BOJOVIĆ & PARTNERS LAW OFFICE www.bojovicpartners.com BRANKO ŽUŽIĆ OF BLACKBOX ADVERTISING D.O.O. www.blackbox.rs BRITISH AMERICAN TOBACCO SOUTH-EAST EUROPE D.O.O. www.bat.com CARMEUSE UNITED STATES - JELEN DO A.D. OF AMERICA www.carmeuse.rs CASH BACK IMO ABBVIE www.refundacijapdv.com BIOPHARMACEUTICALS CBS INTERNATIONAL D.O.O. GMBH (AFFILIATE OF CBRE GROUP) www.abbvie.com www.cbre.rs ADDIKO BANK CISCO SR D.O.O. BEOGRAD www.addiko.rs www.cisco.com ADECCO CLEAN EARTH CAPITAL OUTSOURCING D.O.O. SERBIA D.O.O. NIŠ www.adecco.rs www.cleanearthcapital.com AIGO BUSINESS SYSTEM CLOVER SERBIA D.O.O. www.aigo-bs.com www.clovertech.rs AIRPORT CITY D.O.O. CMS BELGRADE www.airportcitybelgrade.com cms.law/en/SRB/Office/ ALEKSANDAR Belgrade MILOVANOVIĆ OF AVIONICS COCA COLA & TELECOMMUNICATION COMPANY SERVICES www.coca-colahellenic.rs www.ats-serbia.com COCA COLA HBC ALEKSIĆ LAW OFFICE SERBIA A.D. www.lawofficealeksic.rs www.coca-colahellenic.rs ALGOTECH COLLIERS www.algotech.rs INTERNATIONAL ANA AND VLADE DIVAC www.colliers.com FOUNDATION COMMUNIS www.fondacijadivac.org www.communis.rs APATINSKA PIVARA CONTINENTAL WIND www.apa.rs SERBIA D.O.O. ATLANTIC GRUPA AD www.continentalwind.com www.atlanticgrupa.com COTRUGLI ALUMNI CLUB ATLAS CENTER LTD SERBIA BEOGRAD www.cac.rs www.gtcserbia.com COURTYARD BELGRADE www.tethyan-resources.com UNILEVER D.O.O. Dobrivoje Milovanović Omladinskih brigada 90b 11070 Belgrade Tel: + 381 11 209 18 00 administration.bgd@ unilever.com www.unilever.com UNIVERSITY OF SHEFFIELD/CITY COLLEGE Aleksandar Canković Vladimira Popovića 38-40 11000 Belgrade Tel: + 381 11 715 69 05 acankovic@city.academic.gr www.citycollege.sheffield.eu VIVA PARTNERS D.O.O. - ALLEN CARR'S EASYWAY Milenko Petronijević Kneza Miloša 45 11000 Belgrade Tel: + 381 11 264 10 45 office@allencarr.co.rs www.allencarr.co.rs WEST BALKANS MACHINERY D.O.O. Slobodan Sretenović Dositejeva 39 22310 Šimanovci Tel: + 381 22 850 850 office@wbm.rs www.wbm.rs WSP PARSONS BRINCKERHOFF Goran Vukojević Kneza Miloša 3 11000 Belgrade Tel: + 381 11 334 97 42 VukojevicG@pbworld.com www.wsp-pb.co.uk WYG INTERNATIONAL Jeremy Lazenby Keith Cook Takovska 45a/4th floor 11000 Belgrade Tel: + 381 11 404 68 63 maja.petrovic@wyg-see.eu www.wyg.com WYN RIVER Mila Korugic Milošević Njegoševa 56 11 000 Belgrade Tel: + 381 11 344 07 17 mila.korugic@wynriver.com www.wynriver.com

CITY CENTER www.courtyardbelgrade.com CRE INTERNATIONAL www.creinternational.com CROWE HORWATH BDM www.crowehorwath.rs CROWNE PLAZA BELGRADE www.crowneplaza.com DEJAN VUKOVIĆ OF VUKOVIĆ & PARTNERS AOD BELGRADE www.vp.rs DEKEL D.O.O. BEOGRAD www.dekel.com DELHAIZE SERBIA www.maxi.rs DELL www.dell.com DELOITTE www2.deloitte.com/rs DELTA HOLDING www.deltaholding.rs DERTOUR D.O.O. BEOGRAD www.dertour.rs DHL INTERNATIONAL BELGRADE www.dhl.rs DINERS CLUB INTERNATIONAL BELGRADE LTD. www.diners.rs DIRECT MEDIA www.directmedia.rs ĐORĐE NIKOLIĆ OF NKO PARTNERS www.nko-law.com DUFRY D.O.O. BEOGRAD www.dufry.com EATON ELECTRIC www.eaton.rs EKI TRANSFERS -WESTERN UNION www.wu.co.rs ELI LILLY (SUISSE) S. A. REPRESENTATIVE OFFICE www.lilly.com ENEL PS www.enelps.com ENERGY NET D.O.O. KAĆ www.energynet.rs ENTERPRISE SERVICES www.hp.co.rs EOS MATRIX www.eos-matrix.rs ERSTE BANK A.D. NOVI SAD www.erstebank.rs EUROBANK www.eurobank.rs EUROELITE D.O.O. BEOGRAD www.euroelite.rs EXECUTIVE GROUP www.eg.rs EY www.ey.com/rs FIRST DATA D.O.O. www.firstdata.com/en_rs FOUNDATION DOKUKINO www.dokukino.org G4S SECURE SOLUTIONS D.O.O. www.g4s.rs GENERAL ELECTRIC www.ge.com GI GROUP HR SOLUTIONS www.gigroup.rs GILEAD SCIENCES www.gilead.com GLAXOSMITHKLINE EXPORT LTD. www.gsk.com GORDANA JURAN ZDRAVKOVIĆ OF BIOTEC INTERNATIONAL D.O.O. www.biotec.rs GORENJE D.O.O. BEOGRAD www.gorenje.rs GROUNDLINK D.O.O. www.groundlink.com HARRISONS

www.harrison-solicitors.com HARVARD CLUB www.harvard-serbia.org HEMOFARM KONCERN A.D. www.hemofarm.com HENKEL SRBIJA D.O.O. www.henkel.rs HEWLETT PACKARD ENTERPRISE www.hpe.com HONEYWELL www.honeywell.com HP COMPUTING AND PRINTING D.O.O. www.hp.rs HRG SERBIA &MONTENEGRO BT-PEGROTOUR D.O.O. www.hrgworldwide.com IBM www.ibm.com/rs I&F MCCANN GRUPA www.mccann.co.rs INOS BALKAN D.O.O. www.inosbalkan.com JADRAN D.O.O. www.jadran-bg.rs JANKOVIĆ, POPOVIĆ, MITIĆ LAW OFFICE www.jpm.rs JOHNSON & JOHNSON www.jnj.com JONES LANG LASALLE www.jll.com JT INTERNATIONAL A.D. SENTA www.jti.com JUGO-IMPEX E.E.R. LTD www.ereciklaza.com KARANOVIĆ & NIKOLIĆ www.karanovic-nikolic.com KINSTELLAR www.kinstellar.com KOMNENOVIĆ D.O.O. www.psc-komnenovic.com KPMG D.O.O. www.kpmg.rs KRESTON MDM REVIZIJA www.krestonmdm.com LALIN LAW OFFICE www.lalinlaw.com LEO BURNETT D.O.O. www.leoburnett.rs LUKA BEOGRAD www.lukabeograd.com LUNATBWABELGRADE www.lunatbwa.rs L`OREAL BALKAN www.loreal.com M2C www.m2c.rs MAKLER D.O.O. www.makler.rs MANPOWER www.manpower.rs MASTERCARD www.mastercard.com MCDONALD’S www.mcdonalds.rs MEDIGROUP SEE www.medigroup.rs MEDTRONIC B. V REPRESENTATIVE OFFICE SERBIA www.medtronic.com MERCATOR-S www.mercator.rs MERCK SHARP & DOHME D.O.O. www.msd.rs METRO CASH & CARRY D.O.O. www.metro.rs METROPOL PALACE D.O.O. www.metropolpalace.com MICROSOFT www.microsoft.com MIKIJELJ JANKOVIĆ & BOGDANOVIĆ LAW OFFICE www.mjb.rs MILAN PARIVODIĆ OF PARIVODIĆ LAW OFFICE www.parivodic.com

2017

MK GROUP LTD BELGRADE www.mkgroup.co.rs MOJI BRENDOVI www.mojibrendovi.com MONDELEZ www.kraft.com MORAVČEVIĆ, VOJNOVIĆ & PARTNERS IN COOPERATION WITH SCHOENHERR www.schoenherr.rs NAUMOVIĆ & PARTNERI www.naumovic-partners.com NCR D.O.O. BEOGRAD www.ncr.com NEBOJŠA STANKOVIĆ OF STANKOVIĆ LAW OFFICE www.nebojsa.com NELT CO D.O.O. www.nelt.com NENAD STANKOVIĆ OF STANKOVIĆ&PARTNERS (NSTLAW) www.nstlaw.rs NEW MOMENT - NEW IDEAS www.newmoment.com NIS A.D. www.nis.eu NOVARTIS PHARMA SERVICES INC. www.novartis.com NOVASTON ASSET MANAGEMENT www.novaston.com NOVO NORDISK PHARMA D.O.O. BEOGRAD www.novonordisk.com OMNICOM SOLUTIONS D.O.O. www.omnicom.rs ORACLE www.oracle.com ORION TELEKOM www.oriontelekom.rs OSA - RAČUNARSKI INŽENJERING www.osa.rs PFIZER www.pfizer.com PHILIP MORRIS www.pmi.com PIRAEUS BANK www.piraeusbank.rs PRICEWATERHOUSECOOPERS D.O.O. www.pwc.rs PROJECT MANAGEMET ASSOCIATION - PMI SERBIA CHAPTER www.pmi-serbia.rs RADOMIR MARKOVIĆ OF TAG MEDIA www.tagmedia.rs RAIFFEISEN BANKA A.D. www.raiffeisenbank.rs REPRESENT SYSTEM D.O.O. BEOGRAD www.represent.rs RIO SAVA EXPLORATION LLC www.riotintoserbia.com S&T SERBIA D.O.O. www.snt.rs SAAF - SRPSKA ASOCIJACIJA AMERIČKOG FUDBALA www.saaf.rs SCHNEIDER ELECTRIC SRBIJA D.O.O. www.schneider-electric.rs SEAF (SMALL ENTERPRISE ASSISTANCE FUNDS) REP. OFFICE www.seaf.co.rs SERBIA BROADBAND-SRPSKE KABLOVSKE MREŽE D.O.O. BEOGRAD-SBB www.sbb.rs SERBIAN BUSINESS SYSTEMS www.sbs.rs SGS BEOGRAD LTD. www.sgs.rs SIEMENS D.O.O. www.siemens.rs

SITEL SBA www.sitel.com SLOBODAN DOKLESTIĆ OF DOKLESTIĆ & PARTNERS www.doklestic.law SOCIETE GENERALE SRBIJA www.societegenerale.rs STAMPA SISTEM D.O.O. www.stampa.rs TAMARA TOMOVIĆ OF MIND.PROTECT www.mindprotect.rs/en TATJANA ŠOKČIĆ OF HR CENTAR www.hrcentar.rs TEKNOXGROUP SRBIJA D.O.O. www.teknoxgroup.com TELEGROUP D.O.O. www.telegroup-ltd.com TELENOR www.telenor.rs TELESIGN D.O.O. BEOGRAD www.telesign.com THE INTERNATIONAL SCHOOL OF BELGRADE www.isb.rs TIMOK METALS D.O.O. BOR www.fcx.com TITAN CEMENTARA KOSJERIĆ www.titan.rs TMF SERVICES D.O.O. www.tmf-group.com TRANSCOM WORLDWIDE www.transcom.com TRIGEMA www.t-groupholding.com TRIZMA D.O.O. www.trizma.com UNICREDIT BANK SERBIA JSC www.unicreditbank.rs UNILEVER BEOGRAD D.O.O. www.unilever.com UNIQA www.uniqa.rs UNISOL GROUP www.unisol.biz VAN DRUNEN FARMS EUROPE www.vandrunenfarms.com VICTORIA GROUP A.D. www.victoriagroup.rs VIP MOBILE D.O.O. www.vipmobile.rs VLATKO SEKULOVIĆ OF LAW FIRM SEKULOVIĆ www.sekulovic-law.rs VODA VRNJCI A.D. www.vodavrnjci.rs VOJVOĐANSKA BANKA A.D. NOVI SAD www.voban.co.rs WEST PHARMACEUTICAL SERVICES www.westpharma.com WIENER STADISCHE OSIGURANJE A.D.O. www.wiener.co.rs WOLF THEISS www.wolftheiss.com ZIVKO MIJATOVIĆ AND PARTNERS D.O.O. www.zm-p.com ZIVKOVIĆ & SAMARDŽIĆ LAW OFFICE www.zslaw.rs ZLATIBORAC D.O.O. BEOGRAD www.zlatiborac.com ZORAN CONSULTING & TRADING CO. www.zconsult.com ZVEZDAN HORVAT OF ADIZES SOUTH EAST EUROPE (ASEE) www.asee.biz

INTERNATIONAL BUSINESS SECTOR IN SERBIA

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