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Vojvodina Investment Promotion
Vojvodina Investment Promotion (VIP) is a regional investment promotion agency founded by the Parliament of the Autonomous Province of Vojvodina which provides advisory and assistance services to foreign companies wishing to locate their businesses within the region of Vojvodina. History Vojvodina Investment Promotion - VIP was founded by the Parliament of the Autonomous Province of Vojvodina in 2004. as a part of the strategic document named "Economic development program of AP Vojvodina". Activity VIP aims to enable economic development through facilitation of FDI and provision of professional services to foreign companies that wish to invest in Vojvodina. VIP favors investments in agribusiness, ICT, shared business services, tourism, automotive industry, metal processing, real estate and renewable energy. VIP acts as a coordinator between foreign investors and local authorities and networks. VIP also provides business opportunities in Vojvodina through location marketing, d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Novi Sad, Serbia
Novi Sad ( sr-Cyrl, Нови Сад, ; hu, Újvidék, ; german: Neusatz; see below for other names) is the second largest city in Serbia and the capital of the autonomous province of Vojvodina. It is located in the southern portion of the Pannonian Plain on the border of the Bačka and Syrmia geographical regions. Lying on the banks of the Danube river, the city faces the northern slopes of Fruška Gora. , Novi Sad proper has a population of 231,798 while its urban area (including the adjacent settlements of Petrovaradin and Sremska Kamenica) comprises 277,522 inhabitants. The population of the administrative area of the city totals 341,625 people. Novi Sad was founded in 1694 when Serb merchants formed a colony across the Danube from the Petrovaradin Fortress, a strategic Habsburg military post. In subsequent centuries, it became an important trading, manufacturing and cultural centre, and has historically been dubbed ''the Serbian Athens''. The city was heavily devastated i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investment Promotion Agency
An investment promotion agency (IPA) is most often a government agency (or occasionally a non-profit organization functioning similar to a chamber of commerce or business consulting corporation) whose mission is to attract investment to a country, state, region or city. They do this through the use of marketing activities by creating awareness about a location as an attractive destination for investment Generally, IPAs have four core functions: image building of FDI hosting country, investment generation, project management and aftercare services. While IPAs play an important role in attracting investment to developed countries some IPAs have additional advocacy function. The IPA does this by introducing investors with local suppliers (raw materials or other inputs); providing useful statistical data and business information such as macroeconomic indicators (GNP, GDP, HDI, inflation etc.), labor productivity, average wages, attractive sectors of domestic economy; practical support l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vojvodina
Vojvodina ( sr-Cyrl, Војводина}), officially the Autonomous Province of Vojvodina, is an autonomous province that occupies the northernmost part of Serbia. It lies within the Pannonian Basin, bordered to the south by the national capital Belgrade and the Sava and Danube Rivers. The administrative center, Novi Sad, is the second-largest city in Serbia. The historic regions of Banat, Bačka, and Syrmia overlap the province. Modern Vojvodina is multi-ethnic and multi-cultural, with some 26 ethnic groups and six official languages. About two million people, nearly 27% of Serbia's population, live in the province. Naming ''Vojvodina'' is also the Serbian word for voivodeship, a type of duchy overseen by a voivode. The Serbian Voivodeship, a precursor to modern Vojvodina, was an Austrian province from 1849 to 1860. Its official name is the Autonomous Province of Vojvodina. Its name in the province's six official languages is: * Croatian: ''Autonomna Pokrajina Vojvodina'' * ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Foreign Direct Investment
A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. It is thus distinguished from a foreign portfolio investment by a notion of direct control. The origin of the investment does not impact the definition, as an FDI: the investment may be made either "inorganically" by buying a company in the target country or "organically" by expanding the operations of an existing business in that country. Definitions Broadly, foreign direct investment includes "mergers and acquisitions, building new facilities, reinvesting profits earned from overseas operations, and intra company loans". In a narrow sense, foreign direct investment refers just to building new facility, and a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. FDI is the sum of equity capital, long-term capital, and short-term capital ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Agribusiness
Agribusiness is the industry, enterprises, and the field of study of value chains in agriculture and in the bio-economy, in which case it is also called bio-business or bio-enterprise. The primary goal of agribusiness is to maximize profit while sustainably satisfying the needs of consumers for products related to natural resources such as biotechnology, farms, food, forestry, fisheries, fuel, and fiber — usually with the exclusion of non-renewable resources such as mining. Studies of business growth and performance in farming have found successful agricultural businesses are cost-efficient internally and operate in favorable economic, political, and physical-organic environments. They are able to expand and make profits, improve the productivity of land, labor, and capital, and keep their costs down to ensure market price competitiveness. Agribusiness is not limited to farming. It encompasses a broader spectrum through the agribusiness system which includes input supplie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Information And Communication Technologies
Information and communications technology (ICT) is an extensional term for information technology (IT) that stresses the role of unified communications and the integration of telecommunications (telephone lines and wireless signals) and computers, as well as necessary enterprise software, middleware, storage and audiovisual, that enable users to access, store, transmit, understand and manipulate information. ICT is also used to refer to the convergence of audiovisuals and telephone networks with computer networks through a single cabling or link system. There are large economic incentives to merge the telephone networks with the computer network system using a single unified system of cabling, signal distribution, and management. ICT is an umbrella term that includes any communication device, encompassing radio, television, cell phones, computer and network hardware, satellite systems and so on, as well as the various services and appliances with them such as video conferencing and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Automotive Industry
The automotive industry comprises a wide range of company, companies and organizations involved in the design, Business development, development, manufacturing, marketing, and selling of motor vehicles. It is one of the world's largest industry (economics), industries by revenue (from 16 % such as in France up to 40 % to countries like Slovakia). It is also the industry with the highest spending on research & development per firm. The word ''automotive'' comes from the Greek language, Greek ''autos'' (self), and Latin ''motivus'' (of motion), referring to any form of self-powered vehicle. This term, as proposed by Elmer Ambrose Sperry, Elmer Sperry (1860-1930), first came into use with reference to automobiles in 1898. History The automotive industry began in the 1860s with hundreds of manufacturers that pioneered the Brass Era car, horseless carriage. For many decades, the United States led the world in total automobile production. In 1929, before the Great Depression, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Renewable Energy
Renewable energy is energy that is collected from renewable resources that are naturally replenished on a human timescale. It includes sources such as sunlight, wind, the movement of water, and geothermal heat. Although most renewable energy sources are sustainable, some are not. For example, some biomass sources are considered unsustainable at current rates of exploitation. Renewable energy often provides energy for electricity generation to a grid, air and water heating/cooling, and stand-alone power systems. Renewable energy technology projects are typically large-scale, but they are also suited to rural and remote areas and developing countries, where energy is often crucial in human development. Renewable energy is often deployed together with further electrification, which has several benefits: electricity can move heat or objects efficiently, and is clean at the point of consumption. In addition, electrification with renewable energy is more efficient and therefore ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Incubators
Business incubator is an organization that helps startup companies and individual entrepreneurs to develop their businesses by providing a fullscale range of services starting with management training and office space and ending with venture capital financing. The National Business Incubation Association (NBIA) defines business incubators as a catalyst tool for either regional or national economic development. NBIA categorizes its members' incubators by the following five incubator types: academic institutions; non-profit development corporations; for-profit property development ventures; venture capital firms, and a combination of the above. Business incubators differ from research and technology parks in their dedication to startup and early-stage companies. Research and technology parks, on the other hand, tend to be large-scale projects that house everything from corporate, government, or university labs to very small companies. Most research and technology parks do not o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Association Of Investment Promotion Agencies
The World Association of Investment Promotion Agencies (WAIPA) is an international Non-governmental organization established in 1995 by the United Nations Conference on Trade and Development that acts as a forum for investment promotion agencies (IPA), provides networking and promotes best practice in investment promotion. The objectives of WAIPA, as reflected in the Association’s Statutes, are to: * Promote and develop understanding and cooperation amongst IPAs; * Strengthen information gathering systems, promote the efficient use of information and facilitate access to data sources; * Share country and regional experiences in attracting foreign investment and enhancing outward investments; * Assist IPAs to advocate the promotion of policies, within their government, which are beneficial to increasing foreign direct investment and promoting economic development; *Facilitate access to technical assistance and promote training of IPAs. The Secretariat has been based in Geneva, S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investment Promotion Agency
An investment promotion agency (IPA) is most often a government agency (or occasionally a non-profit organization functioning similar to a chamber of commerce or business consulting corporation) whose mission is to attract investment to a country, state, region or city. They do this through the use of marketing activities by creating awareness about a location as an attractive destination for investment Generally, IPAs have four core functions: image building of FDI hosting country, investment generation, project management and aftercare services. While IPAs play an important role in attracting investment to developed countries some IPAs have additional advocacy function. The IPA does this by introducing investors with local suppliers (raw materials or other inputs); providing useful statistical data and business information such as macroeconomic indicators (GNP, GDP, HDI, inflation etc.), labor productivity, average wages, attractive sectors of domestic economy; practical support l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Serbia
The economy of Serbia is a service-based upper middle income economy in Central Europe, with the tertiary sector accounting for two-thirds of total gross domestic product (GDP). The economy functions on the principles of the free market. Nominal GDP in 2023 is projected to reach $68.679 billion, which is $10,265 per capita, while GDP based on purchasing power parity (PPP) stood at $175.318 billion, which is $26,205 per capita. The strongest sectors of Serbia's economy are energy, the automotive industry, machinery, mining, and agriculture. The country's primary industrial exports are automobiles, base metals, furniture, food processing, machinery, chemicals, sugar, tires, clothes, and pharmaceuticals. Trade plays a major role in Serbian economic output. The main trading partners are Germany, Italy, Russia, China, and neighbouring Balkan countries. Belgrade is the capital and economic heart of Serbia and home to most major Serbian and international companies operating in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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