• An internationally acclaimed and growing engineering talent pool.
• The most competitive corporate taxation in Europe.
Prime Minister’s Manifesto, October 2020
With 22 innovative solutions, Serbia is one of the top five countries in the world in the number of innovations.
Serbia is one of the few countries in the world that people from the USA, the EU, Russia, China, India and other countries can enter without a visa.
Financial Times has ranked Serbia #1 in the world in greenfield FDI performance, two times in the last 3 years
On WB Doing Business List, Serbia moved up by 43 places over the past 4 years and is now ranked 44th globally.
City of Belgrade has been named a City of the Future in Southern Europe by the Financial Times.
We do this for customers all over the world. So, we needed another global hub where talent and innovation could flourish. We found it in Belgrade, Serbia, where we're constantly inspired by the strong academic and start-up culture we need to help our customers thrive.
Today, 3,600+ of the brightest minds in Serbia use their talent and creativity to innovate and simplify our customers' businesses. And with our future, state-of-the-art campus (soon to be home to 4,200 team members), we'll collaborate across continents and 141 countries, using our legacy of innovation to inform our vision to take our customers into the future... and beyond.
Marija Zivanovic-Smith
SVP, Corporate Marketing,
Communications & Chief External Affairs Officer
• MDC Serbia is growing into one of the most innovative Microsoft engineering campuses in Europe, building cutting edge Microsoft software services and products.
• Their engineers come from most of the WW nations, demonstrating full diversity and inclusion as one of the core Microsoft Values.
• 400 software engineers
• Working on Azure, SQL Server, Mixed Reality, Microsoft Office
• Areas of expertise:
AI
and
Database systems
Mr. Rohan Kumar,
Corporate Vice President
Azure Data
• International company specialized in energy management, supplying over 400 million customers.
• Over 1,000 employees, including 30 with a PhDs.
• Schneider Electric DMS software enables big savings in power distribution, and is used by cities such as San Francisco, Seattle, Austin, Phoenix, Philadelphia, Vancouver, Toronto and many more.
Mr. Dragoljub Damjanovic,
General Manager
Schneider Electric Serbia
• The R&D center in Serbia works on innovative products and solutions, which define the future the of automotive industry.
• The company employs more than 400 highly qualified specialist engineers who develop electronic parts for leading car and commercial vehicle manufacturers, such as Mercedes, VW, MAN, Volvo etc.
Mr. Sasha Cioringa,
General Manager
Continental Automotive Serbia
• Ready Player One movie star Tye Sheridan brings Wonder Dynamics to Serbia
• Wonder Dynamics is a media-tech startup developing AI production tools that will allow indie filmmakers to deliver blockbuster-level films on a fraction of the budget.
• Wonder Dynamics plans to open a film Studio and bring numerous Hollywood productions to Serbia.
Mr. Nikola Todorovic,
Wonder Dynamics
• The world’s largest enterprises rely on Everseen’s AI-driven computer vision solutions to realize transformational outcomes at global scale.
• Everseen’s R&D Center Serbia, started in 2018, is home to 100+ of some of our incredible research & development team members. Their work has greatly contributed to the development of a fourth generation of our AI products.
Alan O’Herlihy
CEO Everseen
World's most successful mobile sports game
One of the 50 smartest companies in the world
#1 global developer of HOPA games
Digitalization of human appearance and motion
• The games company with over 170 employees from 20 different countries, recently acquired by Take-Two Interactive for up to $378 million.
• Over 200 million registered users of Top Eleven, Heroic and Golden Boot.
• Launched Nordeus Hub - a free co-working space offering education and mentorship to boost the local gaming ecosystem.
Mr. Branko Milutinovic,
CEO and co-founder
Nordeus
• 3Lateral is recognized as a leading company developing technologies for digitalization of humans, and recently became a part of Epic Games - Unreal Engine development team.
• Vladimir Mastilovic, founder of 3Lateral (based in Novi Sad), is managing Epic Games’ worldwide digital humans technology development efforts.
Mr. Vladimir Mastilovic,
Founder
3Lateral
8 universities, 4 Science Technology Parks, 15 startup centers, 20+ co-working hubs, 5 IT clusters and lots of industry events
Digital Serbia Initiative: a non-profit, non-governmental organization with the strategic goal of developing a strong, globally competitive digital economy in Serbia. Founded by leading digital players, it gathers more than 30 member-organizations from all sectors relevant for the growth of a digital ecosystem – including tech, banking and finance, telco, consulting, legal, education and research, media, pharmaceutical, and startup support organizations.
Notable members:
Mr. Nebojša Djurdjević,
CEO
Digital Serbia Initiative
Ease of employment for global talent
Easy to get work permits
New
regulations for
the employment of foreigners mean that getting a work permit in Serbia is a quick and efficient
process, so
businesses can easily and quickly scale up.
Strong IP
Protection
Serbian IP Protection laws have been updated to reflect
contemporary trend
and business needs.
They were changed in close cooperation with MNEs, drawing from
their global
experience, to make Serbian laws fit for purpose in the digital age.
Regulatory sandbox
Companies can benefit from two regulatory sandboxes already in place:
FinTech sandbox, where innovative payment solutions can be tested within a limited market without
regular
prior registration.
MedTech sandbox, where unregistered medical devices can be imported for
R&D on a
fast track procedure, if the company is settled in one of Science Technology Parks.
New sandboxes can be introduced if needed.
Introducing AI masters and PhD programs and boosting AI talent through retraining workers in AI skills
Developing strong verticals like agritech, healthtech and mobility. Making public data open whenever possible.
The Science Fund supports AI research and application. Over 30 projects are aimed to be supported by the end of 2022.
Investing €5M into grants and equity for AI startups in Serbia.
Creating a framework for establishing ethical AI applications.
The Institute for Artificial Intelligence Research and Development of Serbia aims to become a producer of AI leaders in Serbia and a hub for AI in the SEE region. The Government's efforts have positioned Serbia as the best regional destination for IT investment and earned the rank of 46th out of 172 countries on the Government AI Readiness Index 2020. It is also the best ranking in the SEE.
The AI Institute will build further on the skills of the existing IT talent pool in Serbia and enable them to build their own cutting-edge companies. It will teach AI skills to new generations of students and enhance the existing IT industry in Serbia, transforming it into a leading AI economy.
Key to Serbia's innovative ecosystem and welcoming business environment is the New Law on Digital Assets, adopted in December 2020. This law recognizes virtual currency and digital tokens as legal digital assets, making Serbia one of a handful of innovative countries in the world to recognize and legalize it.
§ This law enables digital assets to be bought, sold and transferred and used as mediums of exchange. The ability to finance with digital currency will foster development of the capital market, while preventing money laundering and terrorism financing
In parallel, this will support emerging opportunities in blockchain and create new financing options for Serbian startups, encouraging the further growth of the domestic IT sector.
Serbia will soon be home to the BIO4 Campus, a unique
complex dedicated
to making Serbia a new European hub in biomedicine,
bioinformatics,
biotechnology and biodiversity.
BIO4 Campus aims to be a landmark on the global map for development of these four themes by serving as a concentration point of people, knowledge and infrastructure in these fields.
The campus will consist of 6 major elements:
- Two scientific institutes: The Torlak Institute for Virology, Vaccines and Sera and IMGGI
(Institute of
Molecular Genetics and Genetic Engineering)
- Two faculties: The Pharmaceutical Faculty and the Biological Faculty
- Belgrade Science-Technology Park facility for bio4 startups
- R&D centers of pharmaceutical, biomedical and biotechnological companies
The Campus will also have other supporting facilities,including a vivarium, medical center, congressional center, food court, accommodation for the visiting researchers, etc.
You may find more information here.
Science and Technology Parks offer product development labs, a network of mentors, an environment for high-tech companies, networking with potential partners and investors, knowledge sharing and other necessary assistance for faster development.
The Office for IT and eGovernment has established the State Data Center, which is one of the most modern in the region in terms of technical and security standards and houses key information - communication infrastructure for the Republic of Serbia.
The Center meets the Tier 3+ standard, and its services are provided in accordance with the ISO 27001 security standard, as well as ISO 9001 quality standards and ISO 20000 quality of service. It will enable faster, more efficient and safer electronic administration and will guarantee data security to users.
The Center's services are, in addition to state bodies, also available to commercial users. You can request more information via e-mail - kancelarija@ite.gov.rs.
Global Liveability Index: Belgrade as one of the top 5 improvers in the world
“The 18 best budget travel destinations for 2019” (in the world)
10 of the best alternative city breaks in Europe
The 52 Places Traveller: In Belgrade, Nighttime is the right time
The largest center of business, education, culture and science.
Often compared to
Berlin,
Belgrade has a thriving nightlife driven by clubs on the river, with a vibrant atmosphere,
abundant street
art, and bustling bars and night clubs throughout the city.
An important international crossroads between South and East. A city with a great historical heritage and tradition, and home to Philip Morris HQ.
The second largest city in Serbia. A unique university, business, and startup center housing
many foreign
companies, such as Continental.
Novi Sad is also a cultural hotspot: it is the
hometown of
Exit, one of the best music festivals in Europe, and was designated the European Youth
Capital 2019 and
the European Capital of Culture 2021.
Home to FIAT and the Serbian mobility ecosystem, with a two-century-long industrial tradition and 60 years of experience in automotive production.
For more information,
please contact us at:
innovations@ras.gov.rs
For more information,
please contact us at:
innovations@ras.gov.rs
