Sumadija and Pomoravlje Regional Economic Development Agency
Key Competitive Attractions
The region of Sumadija and Pomoravlje is located in the centre of Serbia. It is home to about 526,213 inhabitants. The largest city in the region is Kragujevac.
There are approximately 5,247 companies operating in the region, according to the Agency for Business Registers. The majority of companies operate within the sub-sectors of food and drink production, metal products, paper products, publishing, wood products, non-metallic minerals and textiles. Exports from the region go primarily to Bosnia & Herzegovina, Montenegro, Germany and Slovenia.
Kragujevac has a long history as a car manufacturer. The Yugo model or Zastava Koral was originally produced in the city. Fiat has recently made a major investment in the region, which is hoped to breathe new life into the industry.
Assistance and Support For New Business Investors
The Regional Economic Development Agency for Sumadija and Pomoravlje was founded in 2005. The agency offers information: market research and analysis, and networking services. The agency may provide financial help to SMEs. Information is also available from the Investment and Development Administration of Kragujevac City.
