Boljevac is one of the municipalities in Eastern Serbia that earned the Business Friendly Certificate.

1. Location East Serbia
Population 12,865
Territory 827 km²; 46% arable land, 51% forests, 3% roads and other
Budget RSD 423.6 million; 10% capital investments
Contact 24 Kralja Aleksandra, 19370 Boljevac, +381 30 463 412, kabinet@opstinaboljevac.rs
E 75 E 75
E 70
E 75
E 70
BUSINESS FRIENDLY MUNICIPALITY
B
Boljevac
www.boljevac.org.rs43o
49’N, 21o
57’E
E 75 E 75
E 70
E 75
E 70
PROXIMITY TO NEAREST
BORDER CROSSINGS
Bulgaria 50 km
Romania 145 km
Boljevac is a small, picturesque municipality in East Serbia, almost entirely
surrounded by mountain ranges. Rich natural resources represent the greatest
opportunity for the development of local economy – forests and significant
amount of technical and heating wood, springs and rivers as potential for
irrigation, water bottling and the construction of mini hydro-power plants,
climate conditions and arable land for the development of agriculture, wind
potential and mineral resources such as Dolomite, clay, decorative stones and
precious metals. In addition to agriculture, Boljevac has a developed metal
processing, textile and wood industry, mining and energy, as well as tourism.
Together with companies such as Bioenergy Point, coal mine Bogovina, FPM
Agromehanika, Unimer-nemetali, Euroaqua, the potentials of Boljevac were
also recognized by a German investor BTR producing industrial charcoal. As
a business friendly municipality, Boljevac offers all interested investors infra-
structurally equiped industrial zones and special incentives such as the
exemption from land development fee, property tax and signage fee for
two years if the investor creates more than 10 jobs.
BOLJEVAC
BELGRADE (210 km)
VIENNA (820 km)
ISTANBUL
(760 km)
SOFIA (200 km)
THESSALONIKI (520 km)
BUDAPEST (580 km)
2014 © National Alliance for Local Economic Development

2. NALED, Makedonska 30/VII, 11000 Belgrade, +381 11 33 73 063, naled@naled-serbia.org www.naled-serbia.org
Land area and purpose 738.100 m², mixed – agriculture and construction land
Ownership structure 22% state ownership, 78 % private ownership
Infrastructure Access road, energy, electricity, water
Location 7 km from the city center, next to main road E-761
Price and type of acquisition Starting price € 1.3 / m² (purchase/auction); € 0,03 / m² per year (lease, up to 99 years)
Land development fee € 0.95 / m²
Local incentives Exemption from land fee, property tax and signage fee for 2 years, for 10 new jobs
BOLJEVAC
invest in
HUMAN RESOURCES
Workforce: 8,158
Education structure: 6.67% university and college, 46.21% high school, 47.12% elementary school or lower
Education profiles / schools and faculties: General and specialized high schools in the field of economy and forestry
Number of unemployed: 1,004, unemployment rate 36.04 %
Average gross salary: € 242 per month
LOCAL ECONOMY
Number of enterprises: 36 companies and 273 entrepreneurs
Company size: 80.7% small, 13.8% middle-sized and 5.5% large
Dominant industries: Forestry, mining, machine industry, energy
The largest domestic companies: Timočke šume (forestry), coal mine RMU Bogovina (mining), FPM Agrome-
hanika (machine industry), Bioenergy Point (energy, production of pellets), Unimer-nemetali (dolomite exploitation),
Euroaqua (water bottling factory)
The most significant foreign investors: BTR (production of industrial charcoal, Germany)
TRAFFIC CONNECTIONS
Highway (Corridor X): Indirect access to highway E-75 via E-761 – 50 km away
Main roads: E-761 (Paraćin-Zaječar)
Railroad lines (Corridor X): Indirect access to railroad line Belgrade-Niš via Paraćin – 50 km away
The Danube (Corridor VII): Port Kladovo – 145 km away
Airport: Airport Nikola Tesla, Belgrade – 222 km away, airport Konstantin Veliki, Niš – 125 km away
INDUSTRIAL ZONE