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

1. Location Zaječar District
Population 31,491
Territory 1,202 km², 57% arable land, 36% forests, 7% roads and other
Budget RSD 888.8 million, 15.5% capital investments
Contact 1 Miloša Obilića, 19350 Knjaževac, +381 19 733 119, soknjazevac@ptt.rs
E 75 E 75
E 70
E 75
E 70
BUSINESS FRIENDLY MUNICIPALITY
K
Knjaževac
www.knjazevac.rs43o
30’N, 22o
25’E
E 75 E 75
E 70
E 75
E 70
PROXIMITY TO NEAREST
BORDER CROSSINGS
Bulgaria 62 km
Romania 160 km
Knjaževac is a municipality in East Serbia, located in close proximity to the EU
market, right along the border with Bulgaria. It has an interesting landscape – from
a mountainous area with highest peaks of up to 2,169 m to a plain in the valley of
Timok river. Due to its geographic location and moderate continental climate, the
municipality offers good conditions for the development of agriculture – primarily
fruit production, but there are also potentials for the development of organic pro-
duction. The most significant industries involve the shoemaking industry, textile and
wood processing industry, which are the pillars of municipal economic growth, as
well as a developed SME sector. The municipality has available industrial locations
and offers various incentives to potential investors and existing businesses, as well as
the support of Knjaževac Development Agency. The business friendly environment
was recognized by the Italian investor Falc East operating in shoemaking industry.
Tourism has experienced expansion over the last 10 years, and municipality’s most
significant tourism potential is the Natural park Stara planina (Stara mountain),
which has developed into a modern touristic ski complex with 13 km of ski trials,
closed gondola, ski lifts and artificial snow machines.
KNJAŽEVAC
BELGRADE (280 km)
VIENNA (877 km)
ISTANBUL
(715 km)
SOFIA (147 km)
THESSALONIKI (484 km)
BUDAPEST (640 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 50.000 m², construction land
Ownership structure 100% municipal ownership
Infrastructure Water, sewerage, electricity, access road, telecommunications
Location 5 km from the city center, next to main road E-771 (M-25)
Price and type of acquisition € 4.5 / m², purchase or lease
Land development fee € 8.5 / m²
Local incentives Reduction of land development fee for 10 new jobs, reduction of land price
KNJAŽEVAC
invest in
HUMAN RESOURCES
Workforce: 19,318
Education structure: 9.8 % university and college, 41.1% high school, 49.1% elementary school or lower
Education profiles / schools and faculties: Megatrend university – Faculty of Biofarming, general high school,
technical school with a variety of educational profiles
Number of unemployed: 4,271, unemployment rate 21%
Average gross salary: € 340 per month
LOCAL ECONOMY
Number of enterprises: 220 companies and 660 entrepreneurs
Company size: 99% small, 0.8% middle-sized, 0.1% large
Dominant industries: Shoemaking industry, textile industry, wood processing industry, tourism
The largest domestic companies: SCS plus (wood processing industry), Serbina (shoemaking industry), MDS
(textile industry), Maxx line fashion (textile industry)
The most significant foreign investors: Falc East (shoemaking industry, Italy)
TRAFFIC CONNECTIONS
Highway (Corridor X): Indirect access to highway E-75 via E-771 (M-25) – 45 km away
Main roads: E-771 (M-25)
Railroad lines (Corridor X): Direct access to railroad line Prahovo-Niš
The Danube(Corridor VII): Port Prahovo – 116 km away
Airport: Airport Nikola Tesla, Belgrade – 283 km away, airport Konstantin Veliki, Niš – 60 km away
LOCATION: SPORTS-RECREATIONAL CENTER BANJICA