Pančevo

City of Pančevo

Pancevo is a city located in the southern part of Autonomous Province of Vojvodina, in Republic of Serbia. Pancevo is located on the banks of the Danube and Tamis, in the southern part of Banat, and it's the administrative headquarters of the city of Pancevo and the South Banat District. Pancevo is the fourth largest city in Vojvodina by population.

TOP 5 REASONS TO INVEST IN PANČEVO

• Exceptional strategic location for economic development
• High-quality logistics with quick connections to corridors 7 & 10
• Proximity of two largest cities: Belgrade & Novi Sad
• Supplier support industry with a great number of SMEs
• A city with a clear vision: strategic plan for 2014-2020

Infrastructure in Pančevo

ROADS

Road network: 125 km

State highways, class Ib: 48 km

• Belgrade-Pancevo-Vrsac-Romania
• Pancevo-Kovacica-Kovin

State highway, class II: 11 km

• Pancevo-Kovacica-Zrenjanin

State highways, class IIb: 66 km

WATERWAY

River Danube lenght: 30 km

Port Pancevo complex: 240 ha

- Fully equiped

- Dock for river-sea ships with capacity of 5,000 t at any weather stream

Port in Belgrade distance: 10 km

Irrigation system network: 900 ha

RAILWAY

Railway network length: 37 km

• Belgrade-Pancevo-Vrsac-Romania
• Pancevo-Zrenjanin-Kikinda
• Pancevo-Belgrade

Axial pressure: 22.5 t

Industrial track at most industrial locations

SEWAGE

Sewage system: 65%

Sewage network: 170 km

Energy potential in Pančevo

GAS

• Municipality is gasified: 65-70%
• Local pipeline lenght: 550 km
• Presure on main pipeline 5 bar
• Presure on local pipeline 1-3 bar
• Gasification of South area in progress

ELECTRICITY

• No. of distribution substations: 503
• Total power (kVA): 282,340
• Total network length (km): 583 + 615
• Energy supplied in 2013/14: 478,844 MWh

BIOMASS

• Total land: 75,247 ha
• Agricultural land: 63,322 ha
• Arable land: 59,686 ha
• Most common crops: maize, sugar beet, wheat, sunflower

WIND

Average speed 6 m/s at 100 m

GEOTHERMAL

Population, education and labor cost in Pančevo

Number of inhabitants 123,414

Employed (2020) 32,017

Unemployed (July 2021) 6,749

Labor cost structure

Average salary in Pančevo (March, 2020)

From July 1st, 2014, until December 31st 2019, the employers have the right for refund on the paid personal income tax & socal insurance contributions:

• 65% refund for employing 1-9 workers
• 70% refund for employing 10-99 workers
• 75% refund for employing 100+ workers

Education

High Schools

Key sectors in Pančevo

Agribusiness

Main advantages:

• Abundant premium quality agricultural land: 53,187 ha - 70% of total land
• Favorable natural conditions for vegetable & fruit cultivation
• Well-developed grain milling industry
• Cooperatives with considerable agricultural land
• Wide network of potential local suppliers
• Great number of companies, SMEs, local farmers
• High export share
• Lower transportation costs – due to direct access to premium raw material base
• North Industrial Zone – Greenfield locations suitable for setting-up agribusiness processing companies

Cereal & Vegetable Processing

Cereal Processing:

• Most common crops: maize, wheat, sunflower, sugar beet, soy, rapeseed
• Total number of registered farmers – 4,742
• Successful companies: FSH Jabuka, Industrija skroba Jabuka, AD Ratar, DOO Granexport, AD Pekarska industrija Pančevo

Vegetable Processing:

• Most common vegetables: paprika, tomato, cabbage, potatoes
• Associations Vegetable producers Glogonj, Banatski Brestovac
• Investment opportinities: grain tanks, cold storage, drier

Meat & Dairy

Main advantages:

• Total number of registered farmers for livestock breeding – 4,745
• Great number of livestock farms suitable for biomass
• Successfull companies: AD Stari Tamis, Timok

Petro-Chemicals

Main advantages:

• The city of Pancevo – the biggest petro-chemical center in the Balkans
• Well-developed industry foundation and existence of the basic industry with well-known companies:
• NIS Gazpromnjeft – oil derivatives
• HIP Petrohemija – production of petrochemical products, raw materials and chemicals
• MESSER Tehnogas – produciton of industrial, medical and special gases
• Companies are located in the South Industrial zone

Logistics Center

Main advantages:

• Belgrade proximity – 18 km, while having lower costs of doing business
• 2 rivers running through the city: Danube, Tamis
• International port Danube Pancevo – final upstream port on the river Danube that can dock boats up to 5,000 t capacity under all water level conditions
• Crossroads of Corridors 7 & 10
• Developed processing industry

Investment opportunities:

- Logistics Center development – Greenfield location in the South part of the city – close proximity to Danube port and the navigation canal of the Azotara Plant

Metal Processing

Main advantages:

• Tradition in metal processing sector spanning more than 75 years
• Aircraft factory “UTVA-Pancevo“ established in the 1940’s - as a workforce creator of many successful companies in the sector
• Existence of high-school programs in Pancevo related to metal processing industry needs: metal processing operator, machine tech, electro-tech of process management, etc.
• In the employment structure, the highest number of employed workforce is in the metal processing industry
• Well developed network of potential local suppliers
• Prominent companies in the sector: UTVA-Aviation Industry LLC, Tehnomarket, Feromont oprema, Montaža Minel

Automotive industry

A new automotive industry sector is developed at the location of the North Industrial Zone, with the following companies operating in the Zone:

• ZF Serbia d.o.o – car component plant, with a research&development centre,
• Brose d.o.o. – currently building a factory for manufacture of automotive industry, with a research&development centre.

Top 10 Employers in Pančevo

Incentives & Fees in Pančevo

Alienation of publicly owned building land at a price less than the market price or free of charge

Communal tax for displaying business names are reduced by:

• 10% for large legal entities
• 30% for medium legal entities
• 60% for small legal entities with revenue greater than RSD 50,000,000.00
• 80% for micro legal entities and entrepreneurs with revenue greater than RSD 50,000,000.00.

Micro legal entities and entrepreneurs with revenue under 50,000,000 RSD are exempted from paying the fee.

Legal entities, or entrepreneurs, which after completing investments which are significant for the City of Pančevo, and which contribute to faster economic development of the city by hiring unemployed persons, thus increasing the average number of employed persons by 10%, depending on the average number of employed persons prescribed by Article 6 of the Law on Accounting for Categorization, will not pay communal tax for 24 months.

Upon receiving the investor’s request

the consolidated construction procedures are conducted in the following phases:

• Issuing the location conditions for the cadastre parcel suitable for construction – from the day of obtaining all special conditions, permits and other documents --> no later than 5 working days
• Issuing the construction permit – from the day of the submission of the request --> no later than 5 working days

Upon receiving the application:

Based on registering the construction work,issuing the verification for receiving the application without delay, provided that the complete documentation has been submitted.

- Registering the construction works to receive acceptance/rejection --> 5 working days

- Subsequently, submitting the request for infrastructure installations --> 3 working days

Issuing the occupancy permit, upon receiving the submission of the request --> no later than 5 working days

Issuing the final approval upon receiving the submission of the request --> no later than 5 working days

In total: 28 working days

Success Stories in Pančevo

Contact us

Local Economic Developement Office