Free zone is a part of Serbia territory that is particularly marked and enclosed, with a great possibility of carrying out operations and activities under GUARANTEED FACILITIES AND BENEFITS.
According to the Act on free zones, it is allowed to carry out different kinds of activities, such as goods manufacturing, finishing operations loan works, goods and intermediates storage, banking operations and financial transactions, insurance and re-insurance activities, tourist and all other services, as well as any other economic activity that is not harmful for the living environment. Free Zone Pirot began to work in April 1998. according to the Federal Government decision dated from 8.8.1996, within the Industrial Zone Pirot location, of about 17 hectares of total area with a possibility to extend it up to 50 hectares. Free Zone Pirot is a joint-stock company with ‘Tigar’ corporation as the majority shareholder. Free Zone Pirot has its full infrastructure capacities:
Electric current: 10 /0.4 kv snage 400 kw
Water supply and sewerage system: yes
Telephones: 150 independent lines
Transportation networks: international highway E-80, Pirot–Knjazevac regional road
Railway (industrial track): yes
Total amount of built capacities:
Total capacities: 650.000 m2
Capacities for rent: 170.000 m2
Outside arranged capacities: 103.181 m2
Inside capacities: 2.597 m2
Business capacities: 300 m2
Warehouse capacities: outside 3.000 m2, inside 14.516 m2
Working hours: 24 h
Constant services within the zone: head office security services, forwarding agency, transportation
Free zone Pirot and its Users posses numerous Project reports which have been done under principles recognized by international financial institutions. (Methodology for the evaluation of the investment projects efficiency).
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