Q:
A:
Two significant German investments headed towards Serbia
Belgrade/Munich,
13 October 2005
Serbian Minister of Economy Predrag Bubalo said today that two large German companies have shown interest in investing in Serbia.
Predrag Bubalo
In a telephone statement to the Beta news agency, following a two-day visit to Munich where the event themed “Days of Serbian economy” took place, Bubalo said that he had received an official announcement of a considerable direct investment in Serbia’s car parts manufacturing industry.
Bubalo added that another German firm, dealing in maintaining energy systems, has also shown great interest in investing in Serbia.
According to Bubalo, several other successful presentations were held today, among which was a highly productive discussion with top officials from the Siemens company. Bubalo said that this company has serious plans regarding its operations in Serbia, such as increasing the number of employees working on projects in Serbia from the present 300 to 480.
The minister said that a great number of potential German investors, as well as Serbian businessmen presenting their projects in Munich, took part in an investment forum held as part of the event.
Bubalo stressed that Serbian businessmen did their best to convince and explain to potential German investors why this is the right time to invest in Serbia.
Serbian President Boris Tadic headed the Serbian delegation on this two-day visit to the German state of Bavaria. In addition to Bubalo, the delegation included Serbian Minister of International Economic Relations Milan Parivodic, President of the Serbian Chamber of Commerce Slobodan Milosavljevic, as well as the representatives of 23 Serbian companies, including “Trajal korporacija”, “PIK Becaj”, “RTB Bor”, “FAP”, “Hemofarm” and “Industrija motora Rakovica”.
Bubalo added that another German firm, dealing in maintaining energy systems, has also shown great interest in investing in Serbia.
According to Bubalo, several other successful presentations were held today, among which was a highly productive discussion with top officials from the Siemens company. Bubalo said that this company has serious plans regarding its operations in Serbia, such as increasing the number of employees working on projects in Serbia from the present 300 to 480.
The minister said that a great number of potential German investors, as well as Serbian businessmen presenting their projects in Munich, took part in an investment forum held as part of the event.
Bubalo stressed that Serbian businessmen did their best to convince and explain to potential German investors why this is the right time to invest in Serbia.
Serbian President Boris Tadic headed the Serbian delegation on this two-day visit to the German state of Bavaria. In addition to Bubalo, the delegation included Serbian Minister of International Economic Relations Milan Parivodic, President of the Serbian Chamber of Commerce Slobodan Milosavljevic, as well as the representatives of 23 Serbian companies, including “Trajal korporacija”, “PIK Becaj”, “RTB Bor”, “FAP”, “Hemofarm” and “Industrija motora Rakovica”.
-
Belgrade, 28 November 2025Serbia, Italy dedicated to further strengthening partnership
-
Belgrade, 28 November 2025Partnership with EU important for improvement of human, minority rights
-
Belgrade, 28 November 2025Italy one of Serbia’s most important bilateral partners
-
Belgrade, 28 November 2025Four bilateral documents exchanged between Serbia, DR Congo
-
Belgrade/The Hague, 27 November 2025Serbia committed to European integration process
-
Belgrade, 27 November 2025Strengthening relations between Serbia, France through major infrastructure projects
-
Belgrade, 27 November 2025Serbia, Germany dedicated to intensifying cooperation in field of agriculture
-
Belgrade, 27 November 2025Cooperation with Montenegro in modernising public administration
-
Belgrade, 26 November 2025CEI region remains committed to connectivity, integration, innovation
-
Belgrade, 26 November 2025Joint work of Serbia, Ukraine in European integration process