Vera Veljanovski, Project Manager

ARIES, Special Agency of the Chamber of Commerce of Trieste Trieste, May 29th 2012

“Mission to the North of Italy” Trieste, Genoa, Milan (28-31 May 2012)South East Europe Information Day

CHAMBER OF COMMERCE AND INDUSTRY OF SERBIA

Independent professional business association of all enterprises,

entrepreneurs and other forms of organizations on the territory of the

Republic of Serbia

In accordance to the EU standards, the CCIS has Euro-Continental

organization form meaning the mandatory membership

With the highly-qualified employees who work in the best interest of the Serbian economy

MISSION

To improve the economic development of Serbia, to boost the export and foreign direct investments, to strengthen competitiveness and development of entrepreneurship, and the business climate of Serbia as a respectable investment destination

To provide and realize professional and expert support to its members with a view to improving their business and general developing of the national economy

Strong Serbian economy- market oriented, with open possibilities based on the European values, competitive, sustainable, created on knowledge, creativity and innovations and optimal usage of the available human resources, along with the latest IT solutions

VISION

GOAL

MISSION, VISION, GOAL

Agriculture 3.9

Industry 21.5

Building industry 7.1

Services 67.5

CCIS MEMBERSHIP STRUCTURE

Gathers around 100.000 companies and 200.000 entrepreneurs

Membership:

Economic communities of all sectors and branches, and in all forms of property

Banks and other financial organizations

Insurance organizations

Agricultural cooperatives – as collective members by its association

Entrepreneurs by its entrepreneurial associations

ASSOCIATIONS, BOARDS

Monitor and analyze the economic trends in certain economic sectors and propose the measures for the improvement of business climate for their members; prepare, adopt and follow up the macroeconomic policy in the Republic of Serbia

CENTRES, BUREAUS

Professional departments of the Chamber whose organization is stipulated by the Act on internal organization and systematization

ENTREPRENEURIAL UNION

CCIS DEPARTMENTS

ОRGANIZATION UNITS

CHAMBER SYSTEM

Representing the entire economic sector on the local, regional and national level, the system comprises:

2 Provincial Chambers of Commerce 16 Regional Chambers of Commerce

Belgrade Chamber of Commerce

under the umbrella organization of the Chamber of Commerce and Industry of Serbia (CCIS)

Representing its members’ interests

Public Powers performance through the document issuing

Promotion of the economy in the country and abroad by organizing participation in the fairs and exhibitions and through other forms of communication

Business information on current economic trends, business environment, drafting of regulations, business standards, new technologies and information from the Chamber’s database...

Improvement of international economic relations by providing information to its members in order to find business partners abroad, to improve bilateral and multilateral relations, as well as by its membership in many international organizations

ACTIVITIES

Consulting services in the field of the legal consulting in implementation of the regulations and the realization of the quality system management, making the web presentations, introduction ad protection of innovations and setting up business

Business training at the level of the lectures, professional seminars, specialized courses and other forms of training aimed at continuous improvement of professional competences and business skills of employees

Fostering good business practices and business ethics through the adoption of relevant codes

Courts and Court of Arbitration at the CCIS- Court of Honour, Permanent Elected Court (Arbitration) and Foreign Trade Court of Arbitration

ACTIVITIES

CCIS - SERVICES TO SMEs

Providing professional business support services in order to develop entrepreneurship (assisting in enterprises start-up, drafting Business plan, consulting for SME, Business Incubator, Clusters...)

Organization of trainings, business meetings and “BtoB” in the country and abroad, promotion of the programs/projects important for economic development...

Cooperation with national/international stakeholders at national and local level

Project implementation (target gruoup: SMEs)

Providing information about the modalities of financial support profitable program (EU support programs, foreign and domestic credit facilities, international funds, grants, competitions) and a way of accession to the various funds

Providing advisory assistance in project proposal planning and drafting

Providing assistance in finding project partners in the country and abroad for participation in the EU and other support funding programs

Counsil for Clusters, Counsil for Women Entrepreneurship

Participation at Fairs

SMEE SECTOR IN SERBIA

Small and medium-sized enterprises and entrepreneurship sector (SMEE) - an important economy segment

Total number : 319.044 enterprises in 2010 The entrepreneurial sector: 99.8% (318,540 enterprises)

In 2010, the SMEE sector generated:

66.4% of employees (814.585)

65.3% of turnover (4.678 billion RSD)

55.9% of GVA (817.4 billion RSD)

52.6% of the non-financial sector investments

SMEE sector accounts:

45.4% of total employment

43.9% of total investments

44.5% of exports

52.3% of imports

63.3% of foreign trade deficit in economy

the national GDP - 33%.

SMEE sector in Serbia, in 2010

Employment in the SMEE sector in Serbia, in 2010

Micro Small Medium SMEE

Number 306,669 9,614 2,257 318,540

% share in SMEE 96,3 3,0 0,7 100,0

Micro Small Medium SMEE

Number of employees

385,440 194,450 234,659 814,585

% share in SMEE 47,3 23,9 28,8 100,00

STRUCTURE OF SMEE SECTOR

KEY STRATEGIC DOCUMETS AND REPRESENTATION OF INTEREST OF SMEs

The Small Business Act is applied in the EU since June 2008. In 2010 document was adopted by the Serbian Government

After success in implementation of European Charter of Small Enterprises from 2003 to 2008, Serbia started with adjustment in accordance with the SBA.

In Serbia last year carried out 33 measures, the highest among the ten European countries outside the EU

SBA is the key SMEs policy document in next period for EU and Western Balkans countries and Turkey

In Serbia, in implementation of SBA document participate 35 institutions

In Serbia exists SME Forum under CCIS from 2008 for permanent dialogue between representatives of SMEs sector and Serbian Government, and also implementation of the SBA in Serbia

CCIS and SME Forum under CCIS play very important role in implementation ten SBA principles in Serbia

CCIS Representative Offices abroad:

Russian Federation

Ukraine

Germany

Italy

Belgium

Austria

France

Montenegro

INTERNATIONAL ACTIVITIES

CCIS membership in the international organizations: ICC, Eurochambres ABC, ASCAME Regional initiatives: CEI/ CECCI, BSEC, Danube initiative

CCIS associations’ membership in the international organizations: Group of Pharmaceutical wholesaler in the GIRP Association of Private Security in the Confederation of European

security services Association of Textile Industry in the EURATEX Association of Transport and Telecommunications in the IRU, FIATA,

TRANSFRIGOROUTE INTERNATIONAL CCIS – one of the founders of National Petrol Committee of Serbia

of the World Petrol Council

Fairs

Economic delegations

INTERNATIONAL ACTIVITIES

CCIS - PROJECTS/ 1

Aid for Trade 2012 “Support of Trade development in Serbia”, Czech Development Cooperation Program

RISEE Italy South East Europe Network, Italian Law 84/2001

Aid for Trade 2011 – “Economic and social development of the area, building up the network of centers for creation and management of development projects in the Republic of Serbia”, Czech Development Cooperation Program

W-tech - Technology Transfer and Innovation Centre for Advanced Welding Technologies, Material Science and Application of Engineering software, IPA

PACE - Partners for Acquis Compliance and Energy Efficiency, IPA

Tex Web - Networking and Capacity Building for Textile and Clothing Industry Associations in the WBC, IPA

WENS - Women Entrepreneurship Network Serbia, CIP

PLATO KOOPERA , Flanders Government

EEN - European Entrepreneurship Network in Serbia, CIP

CCIS - PROJECTS/ 2

SECEP - Project for Competitiveness Development and Export Promotion SME Week 2011 - European SMEs Week 2011, European Comission Project of Partnership of the DIHK and CEFTA chambers of commerce

EU Legislation transfer to Serbia and Montenegro, Flanders Government

PLATO SERBIA, Flanders Government

Partners for Investment Promotion "PARTNERS 2“, Eurochambres, CARDS

PARTNERS 2 “Network of Centres for Project Development and Management”

Forum Permanente

BALKANET

FACILITY FOR SMEs and Capacity Building

Balcani OnLine

Reset D

REPUBLIC OF SERBIA

General Data

Geographic Position

Southeastern Europe, central part of the Western Balkans at the intersection of Pan European Corridors N0. 10 and N0. 7

Territory 88,361 km2

Population 9.5 million

Form of State Democratic Republic

Official Language Serbian

Main Religion Christian Orthodox

Major Cities Belgrade: 1,6 million inhibitants; Novi Sad, Niš, Kragujevac, Pristina, Subotica

National currency RSD Serbian Dinar

GDP (2010) € 29,343 million

Favourable geographical location in the center of South East Europe, which makes favourable environment for producing and exporting goods to developed markets

Highly educated and cheap labour force

Good education system

Favourable tax system with the lowest taxes in Europe by 10%, lowest rates of VAT, lowest rate of corporate income tax - exemption from payment of corporate income tax for investments exceeding EUR 7 million it employs at least 100 new employees

Duty-free exports to the countries of South East Europe, Russia, Belarus, Kazakhstan...

Tax credit of 80% following the completion of investment

Exemption from customs duty on import of equipment and materials under certain conditions

Loans and benefits for greenfield investments

Incentives for those who create the conditions for employment

Simple procedures for a company start-up and registration

WHY INVEST IN SERBIA?

Foreign direct investment (Greenfield) Brownfield investments Joint venture Application framework for Public Private Partnership (PPP) Privatization Buying stocks on Belgrade Stock Exchange

OPPORTUNITIES FOR INVESTMENT

CEFTA EFTA - The European Free Trade Agreement states Russia Kazakhstan Belarus Turkey

INTERNATIONAL FREE TRADE AGREEMENTS

FOREIGN TRADE COOPERATION BETWEEN SERBIA AND THE R. OF ITALY

Foreign trade cooperation between Serbia and the Republic of Italy 2005 – 2010 (in million EUR)

Year Export Import

2005 525.1 732.8

2006 736.1 872.9

2007 799.5 1292.8

2008 763.3 1475.6

2009 586.1 1111.0

2010 843.9 1078.8

Source: Statistical Office of RS, SCC

Italian exports to Serbia, the most important commodity groups: vehicles, machinery, textiles (mostly underwear and socks), special purpose machines, clothes...Serbian exports to Italy: clothing, iron and steel, nonferrous metals, shoes, plastic products....

LEADING ITALIAN INVESTORS IN SERBIA

COMPANY INDUSTRY TYPE VALUE OF INVESTMENT in mil. EUR

NUMBER OF EMPLOEES

FIAT AUTOMOTIVE IND. JOINT VENTURE 944 2.400*

INTESA SAN PAOLO BANKING 660 3.002

FONDIARIA SAI SECURITY PRIVATIZATION 220 2.071

GOLDEN LADY TEXTILE INDUSTRY GREENFIELD 96 2.200*

BENETTON Group TEXTILE INDUSTRY BROWNFIELD 43,4 2.700 (in 4 y.)

CALZEDONIA TEXTILE IINDUSTRY GREENFIELD 35 800*

FANTONI WOOD INDUSTRY PRIVATIZATION 31 300

GENERALI GROUP INSURANCE GROUP TAKEOVER 30 1.900

SFIR FOOD IND TAKEOVER 25 186

FINDOMESTIC BANK BANKING 24 321

FULGAR TEXTILE IINDUSTRY GREENFIELD 20 75

Source: ICE, Opportunities, APR, the company

FOREIGN DIRECT INVESTMENT IN SERBIA DURING 2002 - 2011 IN MIL. USD

Source: National Bank of Serbia

BUSINESS COOPERATION

ITALIAN BUSINESS DELEGATION IN SERBIA Organizer: Union of Italian Chambers (Unioncamere) and the CC of Trieste Aries Place: Chamber of Commerce and Industry of Serbia, Belgrade Date: 14 March 2012

SERBIAN STATE BUSINESS DELEGATION IN ITALY – BUSINESS FORUM Place: PROMOS, Milan CC, Trieste

Date: 29 - 30 March 2012

IN FOCUS !

Project "RISEE Italy-South East Europe Network“, Italian Law 84/2001 BUSINESS MISSION "SERBIA-MONTENEGRO", 11th - 14th June 2012 ROUND TABLE AND „BTOB“ MEETINGS OF ITALIAN AND SERBIAN COMPANIESOrganizer: Chamber of Commerce and Industry of Serbia, SIEPA, PROMOS, ICEPlace: Chamber of Commerce and Industry of Serbia, BelgradeDate: 12 June 2012

SERBIAN BUSINESS DELEGATION IN ITALY Organizer: Union of Italian Chambers (Unioncamere) and the CC of Trieste Aries Place: Chamber of Commerce of Trieste,Trieste Date: 27 - 29 June 2012

Thank you for your attention!Chamber of Commerce and Industry of Serbia Board of Small and Medium Sized Enterprises

______________________________Vera VeljanovskiProject Manager

phone: (+381 11) 3304 523fax: (+381 11) 3230 949

e-mail: vera.veljanovski@pks.rsweb-site: www.pks.rs

_______________________________