Acting director RAS, Radoš Gazdić

Development Agency of Serbia (RAS), as a government organization, is dedicated to building a strong, sustainable, and modern economy in the Republic of Serbia, by promoting investment potentials, as well as giving support to export, and fostering the competitiveness of the market. Our vision is for Serbia to become a technologically updated, modern industrial and business hub of Europe and the rest of the world. 

By giving a wide range of services, such as diverse consultancies, benefits and incentives, and support for several important SMEs projects, along with prioritizing investments in high technology and those which involve Research and Development processes, our idea is to create a well-connected and sustainable system of great international and domestic companies established in Serbia, local suppliers which are able to become part of the worlds` suppliers chains and constantly growing export levels.  

We are taking progressive steps for a few years now, and by doing that we hold 1st place as the top investment destination country in the world, measured by the estimated number of jobs relative to the size of the population.* 

Also, we are leaders in Western Balkans and the CEE region when it comes to the greenfield investment projects, where of 147 greenfield projects attracted in the WB region 105 are based in Serbia.

In 2021 Serbia attracted record-breaking 3.8 bn euros of FDI projects. In the same year, according to the RAS database 50 investment contracts are signed which will provide more than 8.700 new jobs. 

Good infrastructure and logistics, competitive operating costs, high-quality labor and a notable number of technical universities, fast implementation of projects, custom free access to 1.3 billion customers, and political as well as the economic stability, is something that sets Serbia apart from everyone else in this part of Europe.

That is why companies such as Nidec, ZF Friedrichshafen, Toyo Tires, Bizerba, MTU, Continental, Hansgrohe, LingLong, NCR, Schneider Electric, Kyungshin Cable, Yazaki, Leoni, Adient, Minth, Barry Callebaut, Johnson Electric, Siemens, Bosch are already here or have chosen Serbia to start production soon in the future. 

Our vision is to keep up with the world when it comes to industry trends, technological development, research, and inventions; create a successful economy and good life quality for all our citizens; bring the world to Serbia, and Serbia to the world. 

*According to IBM Global Location Trends 2019 report, IBM Global Business Services