Economy

The Economic Structure of the Region

For the period from January to February 2011 the recorded growth rate of industrial production was 19.4% for the area covered by ​​Nisava, Pirot and Toplica districts while for the same period the growth rate on the national level was 4.9%. The bigest part of the growth in industrial production is dedicated to manufacturing. According to the regional data from the national Statistics Office, this trend has remained practically unchanged over time. In 2007 the manufacturing sector in the overall industry was taking 96.2% and in 2010 it was 98.3% – an increase of 2.1%. The greatest influence on the growth in manufacturing have had: tobacco products (35.6%), rubber and plastic goods (24.1%), food manufacturing (12.9%), metal goods except machinery (6, 6%) and basic metals (5.3%) while that of other branches is negligible.

Business Entities

Despite many economic and other difficulties and taking into account that the area includes ten devastated municipalities, three undeveloped and two developed (cities of Pirot and Nis), the number of registered small and medium-sized enterprises in the region is not negligible. Up to March 2011, there were 4 990 companies and 14 656 entrepreneurs operating in the region.

The largest concentration of companies can be found in cities such as Nis, Pirot, Aleksinac and Prokuplje. Although we expected a fall in the number of registered businesses and entrepreneurs due to the current financial crisis, it did not happen yet moreover, their number slightly increased in the period between 2008 and 2010.

Entrepreneurs

According to the Agency for Business Registers, the total number of active entrepreneurs in the region in 2010 was 13 927. They were responsible for 22.2% of the total employment in the region. Broken down by districts this number changed and thus the total number of active entrepreneurs on the territory of Nisava administrative district resulted into 9 953 out of which the city of Nis had         7 206 of them. This is followed by the municipality of Aleksinac with 1 052 entrepreneurs while other municipalities in the region have had more-less the same number of active entrepreneurs, with the lowest number in the municipality of Razanj where there were only 157 active entrepreneurs.

Enterprises

According to the Agency for Business Registers, the total number of enterprises in the region was 4881 in 2010. Broken down by districts, this number also varied and thus the total number of active enterprises on the territory of Nisava administrative district resulted into 3 767 out of which the city of Nis alone had 3 166 active enterprises. The number of enterprises in other municipalities in the region was very small, for example Aleksinac had 204 registered enterprises while Svrljig only 110.

According to the Agency for Business Registers, based on the submitted financial statements of enterprises in the region in 2010 the total number of employees in enterprises was 49 335.

Looking at the top-ranked enterprises in Serbia, two come from the administrative district of Nisava and one came from the district of Pirot. These enterprises are at the same time the largest employers in the region.

Wordpress Themes - Wordpress Video Themes - Wordpress Travel Themes - WordPress Restaurant Themes