Ub

Good investment conditions

The Municipality of Ub has provided incentives for investment through reduced
obligations

The municipality of Ub is located in western Serbia and covers an area of 456.7 km2. It is
within close proximity of Belgrade, giving it a geo-strategic advantage over other
municipalities in the Kolubara District.

The municipality has around 34,000 inhabitants (2002 census), with 6,300 living in the Town
of Ub and some 27,700 inhabitants in the municipality’s 37 other settlements.
The municipality’s central and north-eastern parts are mainly flatlands; riverbank plains
beside the Tamnava, Ub and Kladnica.

Ub is a well connected by road to nearby municipal hubs, regional industrial centres and
major cities. A network of regional roads link the municipality to the main road M-4, M-21,
M-22 and M-19, and onwards to all other cities in the Republic of Serbia.

Municipal economy

The municipality is rich in mineral raw materials, boasting deposits of gravel, sand, heat-
resistant clay, lignite and building stone. It also offers water sources that are still untapped.
The area configuration and characteristics are suitable for the development of agriculture,
with a high percentage of fertile land in the municipality and other forested areas. The
villages surrounding Ub town specialise in agricultural cultivation within plasticized
greenhouses. The lower parts of the river valleys offer the most fertile land for agriculture,
while the hilly terrain is suitable for orchards.

In 2007 there were 151 active companies in the municipality: 143 classed as small
enterprises (up to 50 employees) and eight as medium-sized firms. Ub has a total of 1,851
employees (2007 figures), with 986 in small companies and 865 in medium-sized companies.
Average gross earnings per capita in 2007 amounted to 37,496.00 dinars per month.
Total income generated in 2007 was 6,715,392,000.00 dinars, while total expenditure
accounted for 6,459,137,000 Companies based in the municipality of Ub generated profits
worth 256,255,000 dinars. The greatest revenue, expenditure and profit margins were seen
in the processing industry, while the greatest losses were in the field of transport and the
real estate business.

The total value of Ub’s foreign trade exchange in 2007 was $6.2 million, 43% of which came
from EU countries. Exports were valued at $3.8 million and imports at $2.4 million, creating
a foreign trade exchange surplus worth $ 1.4 million.

The most important export items are plastic products ($1.3 million), construction materials
($1.1 million) and meat ($ 0.5 million), followed by aluminium, iron and steel products.

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Employment growth of 8.8%, or 322 workers, was achieved in 2007. This left a total of 3,988
citizens registered as employed (of which 1,047 were classed as self-employed) and 2,364
unemployed jobseekers in the Ub Municipality.

Industrial zone

The Municipality has adopted an urban plan for an industrial zone to be built on the area of
70 hectares alongside the road Ub - Obrenovac - Belgrade. Local authorities only own about
five hectares of the 70-hectare site, with the rest belonging to Energoprojekt, Plam
Isotherms and the private sector. The zone is fully equipped with communal infrastructure.
The Ub East Industrial Zone is to be located along the projected route of the future Zagreb -
South Adriatic highway and the required land has already been expropriated.

Investor incentives

The Municipality of Ub has provided incentives for investment through reduced obligations
to pay property taxes, local utility charges, fees for reassigning construction land; offering
compensation for arranging construction land, compensation for environmental protection
and improvement, exemptions from municipal administrative fees and construction land
lease charges. In addition, the municipality offers partial compensation for the land use
change and urban development plans.

The municipality also offers special benefits for investors hiring new employees, while
prospective investors can also count on obtaining all necessary permits and documentation
in a very short period of time.

More than 2,000 local people are engaged in sport and by year’s end a modern sports hall
will be completed. Ub also offers a city pool and lakes Viš in Paljuve and Fazanerija.

CONTACT

Vladislav Krsmanović, Municipal President

3. October 4,
14210 Ub
Tel: +381 (0) 64 816 0713
Email: predsednik@opstinaub.org.rs

Stefan Teodosić, Department for the Economic Affairs

3. October 4,
14210 Ub
Tel: +361 (0) 14 411 622
Mob: +381 (0) 64 816 0715
Email: stefan.teodosic@opstinaub.org.rs
www.opstinaub.org.rs
www.gradub.info
Languages: Serbian, English, French & Italian