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The Government of the Republic of Serbia

In the service of citizens

Novi Sad Science and Technology Park one of the best in this part of Europe

Novi Sad, 12 December 2021

Prime Minister Ana Brnabic officially launched today the Science and Technology Park (NTP) in Novi Sad and underlined that Vojvodina's largest city now has one of the best science and technology parks not only in Serbia but in entire Southeast Europe.

Together with Mayor of Novi Sad Milos Vucevic and Prime Minister of the Provincial Government Igor Mirovic, Brnabic handed over 20 contracts to large companies, start-ups and institutes that will be housed in NTP Novi Sad. According to her, the goal of the entire investment is to connect science and the economy, as well as to create conditions for further development of companies and talents in the field of technological development.

She stated that approximately one thousand of the best engineers in Serbia will work at NTP Novi Sad, and added that she expects concrete results for the prosperity of the domestic economy as a whole as soon as tomorrow.

At the end of this year, the number of employees in the IT industry will exceed 40,000, net exports will exceed €1.2 billion and total exports will be €1.8 billion. So, by the end of 2022, we will certainly exceed the figure of €1.5 billion of net exports of the IT industry, the Prime Minister pointed out.

She said that the goal for 2025 is for the total export of the IT sector to be over €4 billion, and for the net export of that industry to be more than €2.5 billion.

The Institute for Artificial Intelligence, which was established this year, will also function within NTP Novi Sad. She stated that this institute managed to gather a large number of domestic researchers and scientists who had left Serbia earlier.

The construction of NTP Novi Sad was helped by the European Investment Bank (EIB) with approximately €200 million, and the companies, institutes and start-ups that received contracts today, will start working in that new building tomorrow.

Earlier today, on the campus in Novi Sad, the Prime Minister visited the construction site of a new building of the BioSens Institute and on that occasion said that the works could be completed by 2023.

The entire building of the BioSens Institute is financed through the "Antares" project, worth €28 million and the construction works on this building alone cost more than €7 million and are financed through a loan from the EIB.