Development Agency of Serbia (RAS) is a government organization offering a wide range of services including support to direct investments, competitiveness and export promotion, leading the implementation of projects aiming to improve Serbia’s attractiveness and reputation and increase economic and regional development.
With a unique set of support programs tailored for micro, small and medium enterprises, and entrepreneurs, as well as domestic and foreign investors seeking to set up or expand their business in Serbia, RAS strives to raise Serbia`s position in the region and globally.
Created as a one-stop-shop, RAS acts as a reliable partner for both domestic and international companies with a single goal of building a strong and sustainable economy and increasing the quality of life for the people in Serbia.
For all parts of Serbia to develop evenly, RAS has 16 accredited regional development agencies (АRРA) in its network, as follows: in Belgrade, Novi Sad, Subotica, Zrenjanin, Pančevo, Ruma, Požarevac, Loznica, Kragujevac, Zaječar, Užice, Kraljevo, Kruševac, Niš, Novi Pazar, Leskovac, and RAS is intensively cooperating with them in the implementation of the program.
RAS has achieved significant results according to the data for the last two years. The Republic of Serbia is ranked number 1 globally for the third year in the row, as the country that creates the most FDI jobs per milion inhabitants, according to "IBM Global Location Trends 2019". Furthermore, reported by UNCTAD „World Investment Report 2019“ the country is a leader in Western Balkans and CEE region when it comes to the greenfield investment projects, where from 147 greenfield projects attracted in the WB region 105 are based in Serbia.
Moreover, in the year of 2017, there were 20 investment contracts, worth 148.941.762€ in total, and creating 7.060 new jobs. When it comes to 2018, 24 investment contracts were signed. Particular contracts are 209.541.528€ worth investments, in total, and will create 7.846 new job positions.