ECONOMIC POTENTIALS

AGRICULTURE AND FOOD INDUSTRY

• Dominant economic branch with 7 fields, contributes 12% of the region’s total economic income and 28% share in exports;
• There are numerous capacities for fruit and vegetables processing, meat and milk production and processing, alcohol beverages and mineral water, fodder, tea and spices and tobacco processing;

• The major companies in the sphere of primary agricultural production are:

• The major companies in the sphere of food industry are:

• The major companies in the sphere of water and woods management are:

     CHEMICAL INDUSTRY

• Represented with over 100 companies;
• 3,777 employees and 3% share of the total industrial production;
• Includes production of cellulose fibers, silk, fertilizers, pharmaceutical products, plant protection agents, plastic products, PVC upholstery, packing material etc;

• The major companies are:

 METAL INDUSTRY

• Represented with 8 economic branches: ferrous and non-ferrous metallurgy, metal processing, machine construction, electrical machine and equipment production, transport vehicles production;
• A total of 300 enterprises, with about 5,000 employees, and 21% share in the total income

• The major companies are:

     BUILDING MATERIALS INDUSTRY

• Based on rich natural resources including quartz sand, caoline, clay, granite, stone;
• 71 enterprises, 2,241 employees and 2M USD export;

• The major companies are:

 WOOD PROCESSING INDUSTRY

• Represented with over 130 enterprises in the sphere of primary wood processing producing   higher levels of final products for furniture and furniture elements;
• About 7% share of   industrial production;

• The major companies are:

TEXTILE LEATHER AND FOOT-WEAR INDUSTRY

• Represented with over 70 enterprises and over 4,000 employees with 5% share of the total industrial production;
• The leading capacities are for the production of textiles: - viscose silk, stockings and garments;

• The major companies in the textile industry are:

• The major enterprises in the leather, fur and foot-wear industry are:

PRINTING INDUSTRY

• Represented with over 80 enterprises in the sphere of paper, cardboard and paper packing material production and processing, printing and publishing;

• The major enterprises are:

INDUSTRIAL WASTE COLLECTION AND RECYCLE INDUSTRY

• Represented with 12 enterprises, 300 employees and 3 % share of the industrial production.

• The major companies are:

 BUILDING INDUSTRY

• Represented with about 200 enterprises in all spheres: design and engineering, civil and road construction, assembly and finishing works;

• The major enterprises are:

TRADE

• Represented with1,165 enterprises with 34 % share of the total income;
• The major companies are:

TOURISM AND CATERING

• The region possesses accommodation capacity in over 166 facilities (hotels, motels, resort facilities) with 1,902 rooms and 9,188 beds, as well as 1,426 catering facilities;

• Spa tourism has the strongest presence in:

and mountain tourism:

• Development of hunting tourism due to the presence of large hunting grounds - 538,078 ha, as well as fishing tourism with rivers and lakes rich in fish;
• There is also tourism potential in the cultural and historical heritage found in the region originating from prehistoric times, through the Roman period, Middle Ages, to more recent historical monuments.

• The major enterprises are:

TRANSPORT AND TELECOMMUNICATIONS

• There are 186 transport enterprises with 2,196 employees, and 4.58% share of the total income;

• Basic freight and passenger transport services are provided by the following enterprises:

• There is substantial potential related to the Commodities – transport center and the Free Trade Zone Sabac;

• Telephony is digitized with about 150,000 connections and provides good connection towards transit and international automatic telephone exchanges.   The node centers in Valjevo, Sabac and Loznica are connected to the national transmission system rings with up to 10 Gb/s capacity and to the regional rings with up to 2.5 Gb/s.            
• The region is covered by the ISDN network (Integrated Service Digital Network), able to offer xDSL connections (Digital Subscriber Loop) and most of the IN (Intelligent Network) platform services .   There are several major internet providers operating in the region, with large broadband capacity in the national internet provider network, such as: PTT, Verat, Infograf, etc.   Because of the big Back Bone enabled by “Telekom,” these providers can always increase their broadband capacities.  
• The network of the two mobile operators “Telekom” (064 and 065) and “Mobtel” (063 and 062) cover 90% of the territory of the region.

INFRASTRUCTURE

• The most noteworthy infrastructural projects are the following:

• Reconstruction of the trunk road routes M19, M21, M24 and M4, a total of 195.5 km.
• Reconstruction of power, water supply and sewage reticulation, gasification (Sabac, Loznica, M. Zvornik, Bogatic, with the other municipalities in the region yet to come);
• Construction of city central heating plants and hot water supply, a12 M EUR project covering Valjevo and Loznica;
•  “Stubo Rovni” – water supply project, second stage;
• Water management courses   covering the Drina, the Sava, the Kolubara, and the Tamnava rivers in the areas of water protection, flood control, irrigation;
• There is a substantial geothermal potential.

ECOLOGY

• The environmental sphere is one of the top priorities for the region’s future development:

• Industrial waste management and recycling;
• Rehabilitation of the existing landfills;
• Construction of new land fills;
• Waste water treatment;
• Rehabilitation of soiled areas; rehabilitation of waste areas in the Veliki Majdan and Zajaca mines, re-cultivation of the Kolubara coalmine.