The Hungarian Investment and Trade Development Agency (ITD Hungary) will open on Tuesday, November 23, the Hungarian Economic Information Center - Novi Sad in order to improve the cooperation and economic relations between Serbian and Hungarian companies, the regional ITD Agency representative office released in a statement on Friday.

The center will be established with the aim of giving support to the companies from Hungary and improving foreign trade with Serbia, and especially the territory of Vojvodina.

The center will offer business development services, which involve the research of export and business possibilities, consulting and other administrative services.

In the domain of business development, the center will perform mediation between business partners and organize meetings in order to develop business communication and improve investments in Serbia, the statement reads.