Municipality of Kula INVESTMENT POTENTIALS Contents: Page/Slide Basic datas about municipality 3 Human resources 4 Companies 5 Average wages 6 Education 7 Public transport – prices 8 Public transport – companies 9 Transport companies 10 Logistics 11 & 12 Greenfield location 13 – 19 Customs 20 Customs department 21 Trade agremeents 22 Tax rates 23 Calculation of earnings 24 Labour law 25 Subsidies 26 Contact 27 Municipality of Kula Basic data: Surface: 481 km² Population: 43.101 Unemployed: 4.929 Average net wage : 310 EUR Local economy: agricultural production and industry Location: Greenfield Highway E75: 14 km Human resources KULA Population: 43.101 Employed: 15.018 Unemployed: 4.929 High school diploma: 50 % of the population Municipality km Population Unemployed Kula 43.101 4.929 Vrbas 8 42.092 5.671 Sombor 41 85.903 6.803 Odžaci 26 30.154 3.601 Bačka Topola 26 33.321 2.515 Total 234.571 23.519 Companies Name City No of workers Sector ЈAFFA CRVENKA 430 Food processing - cakes . Istra TS STORK GROUP KULA 343 Trade . Eterna CRVENKA CRVENKA 217 Sugar factory . Kulski štofovi Kula ABC FOOD R.KRSTUR 212 Food processing ASKA DUO KULA 150 Upper part of shoes DP-ZALIV CRVENKA 143 Logistic METALOPROMET KULA 104 Machinery ŽITO-MEDIA KULA 97 Chemical ŽITO-BAČKA KULA 82 Food processing BLAŠKO KULA 59 Construction No of Name City Sector workers MAGNA SEATING ODŽACI 700 Automotive industry FIORANO DOO SOMBOR 1.250 Clothes Region PROGGETI DOO SOMBOR 400 Shoes LOHR B. TOPOLA 200 Machinery CARNEX VRBAS 700 Food processing VITAL VRBAS 231 Food processing Average wages Net EUR Total cost Alimentary company Head of production 544,62 900,48 Chief of the shift 418,94 689,09 293,26 477,72 Logistics Accountant 335,15 548,57 Director of Accounting 502,72 834,71 Mechanical Engineer 670,30 1.111,86 Commercial director 837,87 1.393,70 Alimentary company Worker 385,42 632,72 Controling 578,13 956,85 Financial director 578,13 956,85 Sector director 770,84 1.280,97 Agricultural company Worker 293,26 477,72 Management 586,51 970,94 Education High school Number of pupils Graduated per year Vocational school Crvenka 120 ~ 40 Vocational school Vrbas 932 ~ 220 Technical school Kula * 450 ~ 120 Economic school Kula 764 ~ 210 Technical school Sombor 908 ~ 230 Technical textile school Sombor 525 ~ 140 Food processing school Sombor 500 ~ 130 Economic school Sombor 744 ~ 250 Faculty of technical science N. Sad 11.000 ~ 1.000 * The possibility of cooperation Public transport - prices Distance Price in RSD (with VAT) Price in EUR (with VAT) Up to 10 km 138 1,14 11-15 km 162 1,34 16-20 km 186 1,54 21-25 km 216 1,79 26-30 km 240 1,99 31-35 km 288 2,39 36-40 km 336 2,78 41-45 km 348 2,88 46-50 km 378 3,13 Public transport – companies • SEVERTRANS – Sombor, number of buses: 60, the possibility of negotiating about the prices • PUTOKAZ – Crvenka number of buses: 15, the possibility of increasing the number of buses, the possibility of negotiating about the prices • JP VRBAS – Vrbas number of buses: 20, the possibility of increasing the number of buses, the possibility of negotiating about the prices Transport companies • ZALIV – Crvenka, number of trucks: 104, the possibility of negotiating about the prices • RADIVOJEV – Vrbas number of trucks: 20, the possibility of negotiating about the prices • JUROŠEVIĆ – Vrbas number of trucks: 120, the possibility of negotiating about the prices Logistics Distance Highway E75 14 km Airport N. Tesla 129 km Novi Sad 56 km Beograd 139 km Croatia 38 km Hungary 66 km Bulgaria 469 km Logistics Greenfield location Greenfield location Block 66 . Industrijal zone – total surface 86ha . 37ha available, divided in several plots . Complete utility infrastructure . Owned by municipality . Main road Kula – Vrbas . No load (no restitution) . Previous use: agricultural land . There are no restrictions on the height of buildings . The occupation rate of 70% . Price 5 EUR/m2 Greenfield location Greenfield location Greenfield location Greenfield location Greenfield location Customs The Agreement on Stabilization and Association with EU Import: customs and VAT Products The parent Equipment Branch office in company in EU Serbia Active processing EUR1 Customs department Trade agreements EU Russia federation CEFTA Turkey SAD Belarus Kazakhstan EFTA Tax rates Usual rate 20% Lower r VAT Lower rate 10 % Uniform rate 15% Corporate profit tax (ten-year release for investments over 8,4 mil. EUR and 100 employees) 10% wages Personal Income tax 15% dividend, interest … 20% other incomes 10/15% (for annual income below 3 or above 6 average annual Annual income tax salaries in Republic of Serbia) Pension and Disability Insurance 12%-14% Social insurance contributions Health Insurance 5,15% Unemployment Insurance 0,75% Calculation of earnings Neto wage (EUR) % 307 Income tax 10 32,9 Contributions 19,9 84,5 (for employees) Bruto wage (EUR) 424,4 Contributions 17,9 76 (for employers) TOTAL 500,4 trasnport regress contribution for food Labour law • five-day-workweek, 8 hours of work with 1 break of 30 minutes (neto 37,5 workhours per week) • 11 national holidays / non-working days • Annual leave: minimum 20 days • Minimal wage €183 (neto) or €291 (gross amount) • Night and and overtime work – additional 26% to the basic wage • Work on national holiday – addition of 110% to the basic wage • Limited time contract : no more than 2 years • Test work: up to 6 months Subsidies For employmnet AP Vojvodina Local level Free land/plot Infrastructure taxes SERBIA Municipality of Kula Lenjinova 11 25230 Kula www.kula.rs [email protected].