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The Municipality of Ub, covering an area of 456.7 km² and located close to Belgrade, is a prime investment destination. With around 34,000 inhabitants, it boasts rich mineral resources and a thriving agricultural sector. The area is well-connected by major roads, enhancing accessibility to regional hubs. The local economy features small and medium-sized enterprises and shows signs of growth, with foreign trade surplus and incentives for investors. Municipal authorities provide various benefits to attract new businesses while promoting sports and culture.
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UB Good investment conditions
The Municipality of Ub • Western Serbia • area of 456.7 km2 • close proximity of Belgrade • Around 34,000 inhabitants (2002 census) • 6,300 living in the Town of Ub • 27,700 inhabitants in the municipality’s 37 other settlements. • Well connected by road to nearby municipal hubs, regional industrial centres and major cities. • link the municipality to the main road M-4, M-21, M-22 and M-19
Municipal Economy • Rich in mineral raw materials, boasting deposits of gravel, sand, heat-resistant clay, lignite and building stone • Water sources still untapped • The area configuration and characteristics suitable for the development of agriculture • The villages surrounding Ub town specialise in agricultural cultivation within plasticized greenhouses • 151 active companies (2007) • 143 classed as small enterprises (up to 50 employees) and eight as medium-sized firms
Municipal Economy • 1,851 employees (2007) • 986 in small companies and 865 in medium-sized companies • Gross earnings per capita in 2007 amounted to 37,496.00 (around 400 euros)dinars per month • Total income (2007): 6,715,392,000.00 dinars(around 73 million euros) • Total expenditure (2007): 6,459,137,000 dinars (around 70 million euros) • Companies based in the municipality generated profits worth 256,255,000 dinars(around 2,8 million euros) • The greatest revenuein the processing industry • The greatest losses in the field of transport and the real estate business
Municipal Economy • The total value of Ub’s foreign trade exchange in 2007 was $6.2 million • 43% EU countries • Exports valued at $3.8 million and imports at $2.4 million • Foreign trade exchange surplus worth $ 1.4 million • Most important export items: plastic products ($1.3 million), construction materials ($1.1 million) and meat ($ 0.5 million), followed by aluminium, iron and steel products • Employment growth of 8.8%, or 322 workers, was achieved in 2007 • Total of 3,988 citizens registered as employed (of which 1,047 were classed as self-employed) and 2,364 unemployed jobseekers in the Ub Municipality.
Industrial Zone • Adopted an Urban Plan for an Industrial Zone • The area of 70 hectares alongside the road Ub - Obrenovac - Belgrade • Local authorities only own about five hectares of the 70-hectare site, with the rest belonging to Energoprojekt, Plam Isotherms and the private sector. • The zone is fully equipped with communal infrastructure • The Ub East Industrial Zoneto be located along the projected route of the future Zagreb - South Adriatic highway and the required land has already been expropriated
Investor Incentives • Provided incentives for investment through reduced obligations to pay property taxes, local utility charges, fees for reassigning construction land • Offering compensation for arranging construction land, compensation for environmental protection and improvement, exemptions from municipal administrative fees and construction land lease charges. • The municipality offers partial compensation for the land use change and urban development plans • Offered special benefits for investors hiring new employees, while prospective investors can also count on obtaining all necessary permits and documentation in a very short period of time
Sports and Culture • More than 2,000 local people are engaged in sport and by year’s end a modern sports hall will be completed • A city pool and lakes Viš in Paljuvi and Fazanerija.