Electronics Industry
- Intensive development of Electronic Manufacturing Services (EMS) sector
- SEE EMS market value: $10 billion in 2008, projected market value of $21.5 billion in 2013
- Lowest total annual labor costs in Electronics in SEE
- 1,714 innovative companies in electronics industry
Top Regional Location Attractive location for just-in-time delivery with lowest operating costs in the region is suitable for investment projects in electronics industry. A Free Trade Agreements with the Russian Federation, Belarus and a regional free trade area - CEFTA provide for duty-free exports to market of over 200 million people.
Strong Expertise With its rich history in electronics, Serbia is home to highly experienced and skilled labor. Technical education in Serbia is particularly strong, with app. 33% of university graduates coming from technical schools. In addition Serbia has the highest 49% percentage of English speaking population in the SEE region. The industry employs highly skilled workforce.
Competitive Wages Serbia's electronics experts and labor are available at most competitive prices in the SEE region. Net salary costs vary from 200€ - 250€ for new/inexperienced employee and 300€ per month for qualified and experienced personnel, highly qualified/managerial wages range from 500€ - 700€ per month.
