Source: eKapija | Wednesday, 18.09.2019.| 15:19
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CADEZ: Delegation of German SMEs interested in investing to visit Serbia in early 2020

Marko Cadez (Photo: Youtube screenshot)
In a few months, in early 2020, Serbia will be visited by a large delegation of German small and medium enterprises, which are growing more and more interested in investing in the country, so that they would learn about the conditions and the potentials for investments and about the experiences of large companies which operate successfully in the Serbian market, Marko Cadez, the president of the Chamber of Commerce of Serbia, said in Berlin, where he is on an official visit to Germany together with the Serbian prime minister, Ana Brnabic.

– Stimulated by the good experiences of large German companies which have already invested in Serbia, which employ around 60,000 workers and hire our companies as suppliers, SMEs from Germany are getting more and more interested as well – Cadez said after a meeting with representatives of the German Association of Small and Medium-sized Business (BVMW) and ahead of the conversation with members of Germany’s digital association BITKOM.

As said in the CCIS’ press release, Cadez said that what Serbia offers to German investors is exactly what they need in order to invest and make a profit – stability, a stimulating business climate, quality workforce and reliable local companies.

– That was one of the topics of the conversation at BVMW. German businesses from this association, which has over a million members, wanted us to tell them why they should invest in Serbia of all places. They’ve heard of others’ good experiences and they want to come over – Cadez said.

He points out that the German business people who come over to Serbia this January will witness firsthand what’s been done to upgrade the business environment and the terms of doing business and making investments, as well as the possibilities the country offers. Cadez pointed to a range of incentive measures for investments adopted by the Government of Serbia, from tax exemptions, through simplified procedures, to special incentives for investments in innovations, research and development and modern technologies.

– It is up to us to use that potential and to bring as many of those companies to Serbia as possible – Cadez said.

He also reminds that, in the past years, the CCIS has organized several business forums with business people from the German state and that the practice will continue next year as well.

The delegation of Serbia, after talking to German Chancellor Angela Merkel, will meet today with representatives of BITKOM.

The importance of these conversations for the strengthening of the Serbian-German economic cooperation is best shown by the data on the strength and the influence of these business associations.

BVMW and its partner organizations gather as many as 1.1 million member-companies, with 300 regional and local offices in Germany and around 40 representations worldwide. It supports SMEs in their everyday operations and connects them with local and foreign partners. It represents the interest of German small and medium-sized business in the local and the international market, in communication with national institutions and EU institutions in Brussels, unions and large companies.

BITKOM is the contact point for large German family companies with annual sales exceeding EUR 50 million, but also for small and medium-sized family companies. This business organization, dedicated to cooperation, connecting and strengthening the position of family business, is supported by more than 500 of the largest family companies in Germany.

The meeting at BITKOM opens the door to investments and cooperation of Serbian high-tech companies and the IT startup community with over 2,600 German companies from the sector of digital economy – with over 1,500 small and medium enterprises and startups, but also a large number of global players in the fields of software and hardware, TC and internet services, digital media...

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