Serbian government approves expansion of Free Zone “Novi Sad”. The consent was given for the expansion of the area of 37.9 hectares.

The consent was given for the expansion of the area of 37.9 hectares. These are more than a dozen cadastral parcels in the Cadastral Municipality of Petrovaradin, which are connected into a business unit, spatially fenced and specially marked.

To remind, Free zone Novi Sad offers the possibilities for the performance of production (finishing, processing, and installation) and service activities (storage, loading, reloading, repacking, and labelling of goods). Free zone contributes to attracting foreign companies more successfully, improving the business atmosphere, and boosting technological development.

As stated, this creates additional conditions for new investment and the introduction of tax incentives for export-oriented companies.