The Ministry of Finance has issued a formal approval allowing the Industrial Park Pobeda to begin its operations as a part of the Free zone system, thereby creating favorable conditions for new investments, creation of new jobs, and introduction of tax benefits for export-oriented companies.

The document states that ‘all areal and energetic preconditions have been met, as well as the environmental protection conditions and other technical conditions necessary for the operation of the free zone, including custom service and custom control measures.’ The commission that reviewed the location and documentation consisted of representatives of the Ministry of Finance, the Free Zones Administration, the Customs Administration, the Ministry of Construction, Transport and Infrastructure, the Ministry of Environmental Protection, the Ministry of Mining and Energy, the Ministry of Economy, and representatives of the city of Novi Sad.

More than 200 multinational companies with tens of thousands of employees operate in Serbia’s Free Zones, and their exports make up more than 13% of Serbia’s total exports. Companies operating within the Free Zone are entitled to tax benefits, such as exemption from VAT and customs duties for the import of raw and production materials, export goods, machinery, equipment and construction materials.

Pobeda is the only industrial park in the northern part of the country which, in addition to logistical and production capacities, offices storage and office space. Located in the immediate vicinity of Novi Sad, Industrial Park Pobeda currently has 110 thousand square meters of production capacities, and 17 hectares of land designated for the construction of new halls. There are 35 established and growing companies operating within the park, whose activities cover the most diverse fields, from processing, to commerce and transportation industry. As of August 2020, Pobeda is a part of the portfolio of Marera Properties, a company engaged in the acquisition, development, leasing and management of commercial real estate properties.