Meeting with the Minister for Economic Affairs and Energy of the Federal Republic of Germany

 

Minister for Economic Affairs and Energy of the Federal Republic of Germany Peter Altmaier said that his country has learned the lesson from the Second World War and it wants to assure a good future. German companies Brose and МТU will open their facilities in Serbia, and on that occasion the agreements were signed today in the Palace of Serbia. 

 

"Relations between Serbia and Germany have been set in motion and started growing. Your Government seeks to employ the potentials of your country. We respect you and Germany wishes to offer an opportunity to the young people. Sixty thousand jobs depend on the German companies in Serbia", said Minister Altmaier after the signing of the cooperation agreement and added that the trade exchange between the two countries is on the rise, but that there are still more potentials. 

 

"We talked about how to interconnect German and Serbian companies. I wish to congratulate both companies for the agreements signed today and to assure you that we will do all on our side to support you", said Minister Altmaier. He emphasised that Germany wants cooperation and thanked for the conditions German companies are presented in Serbia. 

 

„We are able to ensure that the entire Western Balkans begets a European perspective and we know that Serbia will play a very important part in that", said the Minister for Economic Affairs and Energy of FR Germany.  

 

 

President Vučić said that the facility for engines' repair and maintenance will be first commissioned, followed by subsequent production. 

 

"These are the two factories that change the level of investments by 300 million euros. These are the first investments, and there are more to come. One part of Srem and a part of Banat will obtain much. It is an immeasurable benefit for Serbia", said President Vučić. 

 

 

„A contract with the Brose company has been signed. They are opening an amazing factory in Pančevo that will provide jobs for 1.100 people. That means work, that means life for the whole southern Banat, for Kovačica, Opovo, the part towards Kovin, Alibunar. This means more money for Pančevo. There would not be any of this if it weren't for our German friends who wanted to invest in Serbia. I also wish to convey my gratitude to our friends from the company МТU Aero Engines AG for signing a very important Contract on Dual Education today", said President Vučić and emphasised that Germany remains the major foreign-trade partner of Serbia. He added that Serbia reduced the public debt to 51% of GDP and that for the fourth consecutive years we have a budget surplus. 

 

 

 „It seems to me that we do provide safety to the investors, but we still have much to adjust and improve. Our infrastructure is becoming better and better, both road and railway infrastructure. We have good, skilled labour force, talented and good people. There is no ideal ambience, but we are ready to hear of any problem and to make efforts to solve it. I can say with pleasure - welcome to Serbia which you can consider your second home", said President Vučić and thanked the guests for their visit.  

 

Belgrade, 22nd October 2019