Economy
Main article: Economy of BelgradeBelgrade is the financial centre of Serbia, and is home to the country's National Bank.Currently over 600.000 people are employed in 130.000 economic operators, 22.600 enterprises and 50.000 shops.Many notable companies are based in Belgrade, including Jat Airways, Telekom Srbija, Telenor Serbia, Delta Holding, Elektroprivreda Srbije, Komercijalna banka, Ikarbus, regional centers for AXA, Société Générale, Asus, Intel, Motorola, Dell, Samsung, MTV Adria, Kraft Foods, Carlsberg, Microsoft, OMV, Delhaize Group Unilever, Zepter, Japan Tobacco, Sinohydro Corporation, P&G, and many others. Stocks are traded at the Belgrade Stock Exchange.
New Belgrade is the main business district in the country and South East Europe. New Belgrade in the fastest business development district with hotels, congress halls such as Sava Centar, class A and class B office buildings, sport facilities such as Belgrade Arena, shopping malls such as Usce Shopping Mall and Delta City, business parks such as Airport City Belgrade. Belgrade Stock Exchange is also located in New Belgrade. Now over 1,2 million square meters is under construction in New Belgrade. Estimated value of construction in next two and half years will be over 1.5 billion Euros.
Serbia overcame the problems of inflation in the mid 1990s, and Belgrade has been growing strongly ever since. As of 2009, over 40% of Serbia's GDP is generated by the city, which also has 31,4% of Serbia's employed population. In January 2012, the average monthly net salary in Belgrade was 49,987 RSD (€433, $560). According to the Eurostat methodology, and contrasting sharply to the Balkan region, 53% of the city's households own a computer. According to the same survey, 39.1% of Belgrade's households have an internet connection; these figures are above those of the regional capitals such as Sofia, Bucharest and Athens. Belgrade city GDP at purchasing power parity PPP is estimated at $31.9 Billion USD, which is $19,458 per capita in terms of purchasing power parity.
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Famous quotes containing the word economy:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)