Q:
A:
New US investments in Serbia
Belgrade,
17 December 2011
Minister of Economy and Regional Development Nebojsa Ciric said today that during the Serbian delegation’s five-day visit to the United States, approximately 150 US companies and institutions had the opportunity to see Serbia as a country with great economic and investment potentials.
File photo of Nebojsa Ciric
Author:
Tanjug
During the five days, the Serbian delegation had more than 30 meetings in three US cities.
On the first day in the United States, in New York Ciric announced the arrival of US company NCR to Serbia. NCR is a global leader in the manufacture of electronic devices for financial transactions for citizens and businesses. By March next year NRC plans to employ approximately 300 highly qualified staff in Serbia.
During the visit to Washington, the Serbian delegation had meetings with representatives of the US administration, State Department, US Chamber of Commerce, Department of Commerce and the Department of the Trasury.
The main topics of discussion were the signing of agreements on investment protection and avoidance of double taxation, which are expected to contribute significantly to the improvement of bilateral economic relations between the two countries.
The visit of the Serbian delegation ended with a business meeting of the Chicago Chamber of Commerce and the Office of Trade and Investment of the State of Illinois in Chicago, when the arrival of American company Mediatronic to our country was announced.
This company is a world leader in the manufacture of medical devices and equipment, which plans to open its office in Belgrade in spring 2012, Ciric announced.
The meetings were also attended by US Ambassador to Serbia Mary Warlick, who expressed satisfaction with a number of successful business meetings.
The talks were also an opportunity to present the priorities of Serbia and sending a clear message that it is open for business, concluded Warlick.
The largest US investments include those by Philip Morris, U.S. Steel, Pepsi Co, Coca-Cola, Ball Packaging Corporation, Tyler Cooper and Microsoft.
In 2005, Microsoft opened its development centre in Belgrade, which had a great symbolic importance for Serbia.
This year was marked by the arrival of new US investors both in service and in the manufacturing sector despite the negative impact of the crisis on the volume of investments in the region and beyond.
On the first day in the United States, in New York Ciric announced the arrival of US company NCR to Serbia. NCR is a global leader in the manufacture of electronic devices for financial transactions for citizens and businesses. By March next year NRC plans to employ approximately 300 highly qualified staff in Serbia.
During the visit to Washington, the Serbian delegation had meetings with representatives of the US administration, State Department, US Chamber of Commerce, Department of Commerce and the Department of the Trasury.
The main topics of discussion were the signing of agreements on investment protection and avoidance of double taxation, which are expected to contribute significantly to the improvement of bilateral economic relations between the two countries.
The visit of the Serbian delegation ended with a business meeting of the Chicago Chamber of Commerce and the Office of Trade and Investment of the State of Illinois in Chicago, when the arrival of American company Mediatronic to our country was announced.
This company is a world leader in the manufacture of medical devices and equipment, which plans to open its office in Belgrade in spring 2012, Ciric announced.
The meetings were also attended by US Ambassador to Serbia Mary Warlick, who expressed satisfaction with a number of successful business meetings.
The talks were also an opportunity to present the priorities of Serbia and sending a clear message that it is open for business, concluded Warlick.
The largest US investments include those by Philip Morris, U.S. Steel, Pepsi Co, Coca-Cola, Ball Packaging Corporation, Tyler Cooper and Microsoft.
In 2005, Microsoft opened its development centre in Belgrade, which had a great symbolic importance for Serbia.
This year was marked by the arrival of new US investors both in service and in the manufacturing sector despite the negative impact of the crisis on the volume of investments in the region and beyond.
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