CIRIC: Another four Italian companies interested in Serbia

Source: Tanjug Friday, 17.02.2012. 11:08
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(Nebojsa Ciric)

Serbian Minister of Economy and Regional Development Nebojsa Ciric said Thursday (February 16) that he had spoke with representatives of four Italian companies in Rome about their prospective investments in Serbia.

Ciric told Tanjug news agency that those were companies operating in furniture, railway, automotive and software industries.

The Minister said that Kragujevac and its success with Fiat had been presented to potential investors, as well as the examples of other Italian companies that were doing business in Serbia.

Ciric and Italian Minister of Economic Development, Infrastructure and Transport Corrado Passera spoke about areas to be covered by cooperation agreements, with the aim of bringing economic and political relations to a higher level.

Italian representatives reiterated their country’s absolute readiness to continue supporting the European integration of Serbia.

Ciric visited Rome at the invitation of Minister Passera and attended the session of the Serbia-Italy business council, at which he presented Serbia as an investment destination.

This business council, whose members are respectable businessmen, was formed in 2010 to improve economic cooperation, propose measures and activities of significance to the cooperation between the two countries, as well as to promote investment in Serbia.
For years Italy has been among the most important partners of Serbia in political, economic and strategic sense, the Ministry of Economy and Regional Development of Serbia reminded shortly before the visit.

Italy ranked second in the world in total exports to Serbia in 2011, and it was the third largest importer from our country last year.

Italy is also one of the largest investors in Serbia, ranking among the top six, since it has so far invested about EUR 800 million in our country, where about 400 Italian firms, banks and insurance companies operate and employ over 20,000 workers.

So far, not one Italian company or bank has withdrawn from the Serbian market.
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