00:00German industry is investing big in Serbia, but there's a catch. Serbia is not part of the EU.
00:06ZF, a German automotive supplier, has invested 300 million euros in a factory in Pancevo, just outside of Belgrade.
00:12The plant makes parts for electric vehicles. Production, development and research are all under one roof.
00:19Serbia offers clear advantages for investors. Lower labor costs, fast permits and trained workers.
00:24Around 1,200 people work here. Many were trained on site through a dual education model based on the German
00:31system.
00:32In the automobile industry, because of the stagnation of selling on global level, we have more resources everywhere.
00:40Germany is Serbia's most important economic partner. Hundreds of German companies are active here, employing tens of thousands of people.
00:47Trade volume between the two countries exceeds 9 billion euros.
00:51The German companies, the Serbian shareholders, see it as a common partner. It shows that we are positioned well on
01:01the market.
01:02But Serbia's position outside the EU still creates problems. One major issue is transport.
01:07Serbian truck drivers are only allowed to stay in the Schengen area for 90 days within 180 days.
01:13Transport companies say that is far too short for cross-border business across multiple EU countries.
01:19The biggest problem is that in the EU countries, we are able to capture our passengers, deportation, unless they want
01:29to add their jobs.
01:30Talks with Brussels have so far brought no solution. For investors, Serbia remains an attractive location.
01:36But as long as the country stays outside the EU, trade and transport will continue to face obstacles.
01:41The water supplies is a common они Jetzt.
01:41To get through the EU people, use the PLUS.
01:42Youth.
01:46No way to cry on, the EU don't have access to the EU.
Comments