French company to open development center in Novi Sad in 2020

Serbia is no longer a country of cheap workforce and this can no longer be cited as its comparative advantage in attracting foreign investments, Serbian Prime Minister Ana Brnabic said in Pancevo and added that the country was working on bringing as many innovative companies as possible.

– There are already several development centers in Serbia, and a French company will establish another one in Novi Sad after New Year. We are planning the construction of 10 regional training centers throughout Serbia, and one of them will be at the Pancevo School of Mechanical Engineering – she announced and reminded that Serbia provided special incentives for companies which invest in development.

The Government of Serbia, she added, will support the construction of a 1,800-m2 workshop at the school, as well as the procurement of modern equipment.

She pointed out that the Pancevo School of Mechanical Engineering, which she has visited, was one of the good examples, as it cooperated with state companies, Utva and the Pancevo Refinery, and foreign companies, ZF and Brose, whereas the German MTU was also interested in cooperating on educating the future workforce.

ZF Friedrichshafen AG Beograd

NIS a.d. Petrol Rafinerija nafte Pančevo

Vlada Republike Srbije

Utva - avio industrija d.o.o. Pančevo

MTU Maintenance Serbia d.o.o. Beograd

Brose d.o.o. Pančevo

Mašinska škola Pančevo Pančevo

ZF

Brose

MTU

Utva

Pančevo Refinery

Government of Serbia

Pancevo School of Mechanical Engineering

Ana Brnabić

development center

research center