Foreign Investors Council
47, Gospodar Jevremova Street, IV Floor, 11000 Belgrade, Serbia
Phone: +381 11 3281 958, 3281 965
e-mail: office@fic.org.rs

Key facts and figures

Key facts and figures

  • Established in 2002 as a promoter of the investment conducive business environment and solid business ethics
  • Over 120 members, gathering expertise from various sectors and industries
  • FIC members are a driving engine of Serbian economy: over 120 companies, invested over €35 billion and employ more than 100,000 employees in Serbia
  • Collects and shares practice and expertise from all around the globe, from EU and USA to China and Russia
  • Gives concrete and practical recommendations on how to improve business climate
  • Never stands behind interests of specific company or a business group as every initiative has to be agreed by members within relevant committees and endorsed by the Board of Directors
  • Promotes sound business ethics
  • Actively supports economic integration to EU and has a unique capability to be a private sector focal point in the EU integration process as over 74% of members come from EU
  • Publishes the White Book, as the transparent platform for dialogue with the authorities and valuable set of recommendations on how to improve business climate in Serbia
  • Organizes Reality Check Conference – constructive and open discussion with the Government and other stakeholders on the progress in the reform agenda
  • Channels efforts, expertise and ideas within 9 specialized working committees, 2 sectoral (Pharma Industry Committee and Telecommunications) and 7 cross-sectoral (Anti-Illicit Trade & Food Committee, Digital & E-Commerce Committee, Financial Services, Human Resources Committee, Infrastructure & Real-Estate Committee, Legal Committee, and Taxation Committee)
  • Tangible and measurable results: White Book 2019 score card features recommendations given in 2018 and track their success record. It shows that the progress is 7% better compared to last year – We note 41% in implementation of WB recommendations, which is higher than the average score of 30-40% from 2011 when the WB score card was first introduced.