emg home
Western Balkans on course towards EU, Kosovo should be included Vast majority of UN member states do not recognize Kosovo Technical-level talks with IMF continue Four protesters killed during police intervention in Bahrain First EU expert mission to arrive in Belgrade on February 21 Transneft denies Burgas-Alexandroupolis project is closed down Iran deploys two warships to Mediterranean, Israel calls move 'provocation' U.S. Vice President Biden to visit Moscow in March - White House Macedonian police identify participants in ethnic clashes Erdogan wants donor conference for Egypt Oxford Economics revises previous estimates and forecasts that Romania’s economy will grow this year Romania, Visegrad Group campaigning for deepening Eastern Partnership MoFA: UN's failure to register Macedonia-Kosovo border demarcation agreement does not bring into question its validity Macedonian-Slovenian business forum held in Slovenia FYRMacedonia: Pre-Accession Economic Programme 2011-2013 presented PM Gruevski meets Vice-President Biden in White House European Parliament supports completion of EU entry talks with Croatia as soon as possible Bulgaria National Security Agency Head quits WB:Food prices at dangerous levels BH needs 7,000 small enterprises more to reduce unemployment to EU average Belgrade to host Wine Fair on February 24-27 Serbia's public debt down to 38 percent of GDP at end of January Markovic: Inflation at about six percent by end of year CBS woman journalist beaten and raped in Cairo Police and protesters clash in South Africa Clashes in Sanaa, Yemen Ilir Meta loses immunity Cvetkovic: 2011 crucial for European integration MPs to discuss resignations and changes to book of regulations UNSC Meeting on Kosmet: Members call for probe into allegations of trafficking in human organs UN Secretary-General Ban Ki-Moon presents a report at the UN session Ten years since the attack against Serbs near Podujevo Hungarian President' s visit to Serbia called off Kacin welcomes announced Government reshuffle Delevic: Instability may jeopardize EU integration process KFOR to number 5,000 troops after restructuring Ljajic says Government entering calmer period

International Franchise Expo opened in Belgrade

14. November 2010. | 07:35

Source: Emg.rs

The First International Franchising Expo was organised by the Serbian Chamber of Commerce, with the support of Serbian Association for Development of Franchising and the Commercial Section of the US Embassy.

Prime Minister Mirko Cvetkovic said yesterday  that franchising is a good chance for Serbia now that the country is exiting economic crisis and when as many jobs and entrepreneurs as possible are needed.

Opening the First International Franchising Expo, Cvetkovic said that franchising is not unfamiliar to Serbia since it has been used for several years now, but its full possibilities have not been exploited though.

The Prime Minister said that the franchising is entrepreneurship with a reduced risk, given that those who take the franchise do not need to invest in the brand, and most often in production technology either.

Franchising is an opportunity for small and medium-sized enterprises to gain market position immediately, said the Prime Minister.

Minister of Trade and Services Slobodan Milosavljevic said that the service sector is particularly suitable for business through a franchise, especially in the hospitality, tourism and trade.

He said that Serbia has more than 100,000 retail stores that could survive being bonded to large companies through franchising and added that this could allow for a more even development of the country and for people to stay in their communities.

US Ambassador to Serbia Mary Warlick pointed out that the franchising has been providing business opportunities in the US for over 150 years and that some of the most famous US products, such as Coca Cola, McDonald's, as well as some car brands owe their success precisely to this model.

She said the US has more than 900,000 franchises and these companies create more than $880 billion of direct economic investment and make up 4.4% of the private sector.

President of the Serbian Chamber of Commerce Milos Bugarin said that the chamber’s centre for franchising has been working in the last three years on raising awareness of the importance of the franchise business.

He said that several workshops were held in 16 regional centres to show to the unemployed and entrepreneurs the benefits of franchising. In addition, the economic crisis has shown that franchise companies were the least hit by the crisis.

There are currently 50 franchises in Serbia, 80% of which are foreign.

The First International Franchising Expo was organised by the Serbian Chamber of Commerce, with the support of Serbian Association for Development of Franchising and the Commercial Section of the US Embassy.


My Web

Enter text:


14. February - 20. February 2011.