09-11 May 2017 Palexpo, Geneva, Switzerland

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1 SERBIA

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3 SERBIA May 2017 Palexpo, Geneva, Switzerland 3

4 4 ABOUT SERBIA Republic of Serbia is a state of Serbian people and all citizens who live in it, based on the rule of law and social justice, principles of civil democracy, human and minority rights and freedoms, and commitment to European principles and values. Constitution of the Republic of Serbia, Article 1. GENERAL DATA Location: Southeastern Europe, central part of the Western Balkans Geographic coordinates: N and E Territory: 88,361 square kilometers Population: 7.2 million (the data for AP Kosovo and Metohia excluded)* Borders with: Hungary, Romania, Bulgaria, Macedonia, Albania, Montenegro, Bosnia and Herzegovina and Croatia Capital city: Belgrade, circa 1.6 million inhabitants State organization: Parliamentary Republic Official language: Serbian National currency: RSD dinar Time zone: GMT+1 PHARMACEUTICAL INDUSTRY The global trend of favouring all that is natural- from food to cosmetics is followed by consumers and also by the pharmaceutical industry of Serbia, whose products can be

5 classified by their quality next to the famous global brands. Serbia has a large potential in the production of herbal products and healthy cosmetic products, and the production has been started more and more by small family enterprises, whose members are educated pharmacists that have recognized the importance of natural at the right moment, and gradually started creating their own brands. ADVANTAGES OF INVESTING IN SERBIA Favorable geographic position, owing to which any shipment can reach any location in Europe within 24 hours Highly educated and competitive labor force Restructured and stable financial system Simple procedures for a company start up and registration Simple procedures for foreign trade transactions and foreign investments FREE TRADE EXPORT OF SERBIAN GOODS Several free trade agreements have been signed, ensuring supply of goods to nearly 800 million consumers: Agreement with the Russian Federation, Belarus and Kazakhstan Stabilisation and Association Agreement with the EU CEFTA Agreement with the EFTA members Agreement with Turkey FREE TRADE AGREEMENT BETWEEN THE RUSSIAN FEDERATION AND THE REPUBLIC OF SERBIA Serbia is the only country, out of the Commonwealth of Independent States, which concluded the Free Trade Agreement with the Russian Federation. Goods of Serbian origin can be exported to the territory of the Russian Federation without paying customs duties (the Decree of the Customs Service of the Russian Federation as of 31 October 2011 N 2223). FAVORABLE TAX REGIME Tax rate on personal income of 10% Corporate profit tax rate of 15% VAT rate: -- general - 20% -- special - 10% 5

6 BALTIK JUNIOR Vučičev prolaz 20 a, Belgrade, Serbia P: F: E: markokusovac@yahoo.com 6 Probotanic is a brand of the Baltic Junior company, whose portfolio includes 100% natural and herbal products. Probotanic s portfolio consists of products of the highest quality, which is a result of the continuous development, the maintaining of the highest international standards and dedication of a professional team. Essential oils and dietary supplements are of premium quality. All plants used in Probotanic products are carefully selected, sorted, dried and processed on the most modern machines in order to have products of the highest quality.

Probotanic offers the products that can help people solve their various health problems and to stay in good shape.

7 The company takes special care of the quality of products when making selection of raw materials and their processing. A part of the products is organic and has relevant attests and certificates. Probotanic offers the products that can help people solve their various health problems and to stay in good shape. Probotanic products are manufactured and/or processed according to the strict HACCP criteria, and it has the following certificates ISO 9001, ISO 14001, OHSAS 18001, HALAL standards as well as the certificates proving the fulfillment of all criteria for organic production, in accordance with the requirements of Serbia, the EU and the USA, which additionally proves the highest quality of products. 7

8 ESENSA Slobodna zona, Viline vode bb, Palilula, Belgrade, Serbia P: F: E: 8 ESENSA is a company that produces dietary supplements, medical devices and general use products, including cosmetics and biocide products. It was founded in 2002 as a production department within FARMALOGIST. Esensa has certified its quality management systems according to the requirements of ISO 9001:2008, for the development and production of dietary supplements, medical devices and general purpose devices ISO 22000:2005, for the production of dietary supplements and ISO 13485:2003 for development, manufacturing and distribution of the nasal spray, ear spray, patches, ultrasound gel, intimate gels and sport injury sprays. Some of our products from the medical devices program, such as Marisol, have received the CE mark and are exported to the

of EudraLex Volume IV EU Guidelines to Good Manufacturing Practice

medical devices and general use products.

production capacities include the following forms: Solid forms

9 EU market. In addition, Esensa has got the confirmation to apply the regulations of EudraLex Volume IV EU Guidelines to Good Manufacturing Practice (GMP) in its development and manufacturing of food supplements, medical devices and general use products. Esensa s brand Marisol has received the Best of Serbia 2011 Award Our production capacities include the following forms: Solid forms (tablets, capsules), semisolid forms (ointments, creams, gels), liquid forms (syrups, solutions). The quality of products, trust, satisfaction of our customers and business partners are our definition of success. It is our wish to become market leaders, primarily in the best interest of our consumers. 9

PAR PAK Zadrugarska 74, 11000 Belgrade, Serbia P: +381 11 21 94 595 +381 11 21 93 700 F: +381 11 41 45 057 E: info @max-medica.com www.max-medica.com 10 Par Pak d.o.o. Belgrade (Serbia) is a manufacturer of Max Medica dietary supplements.

10 PAR PAK Zadrugarska 74, Belgrade, Serbia P: F: E: 10 Par Pak d.o.o. Belgrade (Serbia) is a manufacturer of Max Medica dietary supplements. It has the following valid certificates ISO 9001:2008, GMP and H.A.C.C.P Codex Food Safety and ICG 01:2010. Its core business is the production and sale of dietary supplements, vitamins and minerals. Max Medica is a food supplement product line that has been present on the Serbian market for over a decade. Currently, a total of 30 our products can be found on the market. The quality of our products is supported by our continuous growth and trust of many consumers and customers.

Our products are registered in the market of

according to customer requests, a full range

11 Our products are registered in the market of the European Union and the Russian Federation. Par Pak d.o.o. also offers a wide range of production services: formulating and production of PLs, according to customer requests, a full range of packaging services, as well as consultancy services in registration of products and preparation of documentation. 11

12 STOJANOVIĆ PHARM Alberta Ajnštajna 44, Novi Sad, Serbia P/F: E: Stojanovic Pharm d.o.o. produces dietary supplements and cosmetic products. Our organization is focused on contract manufacture. In order to meet consumer needs we endeveaour to be flexible, to meet high quality standards, to make our delivery terms as short as possible, to cooperate mutually on development of products and the most important to fulfil all our agreements. Our products are certified by GMP, ISO 22716:2007and ISO 22000:2005 (includes HACCP and ISO 9000). 12

WE MANUFACTURE: Dietary supplements Tablets of all shapes and

drinks Cosmetics production Advantages of producing in Serbia

Products are exempt from customs duties when exported to the

13 WE MANUFACTURE: Dietary supplements Tablets of all shapes and sizes Effervescent tablets Encapsulating Vitamin and other drinks Cosmetics production Advantages of producing in Serbia (Non-EU) Easier and more accessible Low production costs Products are exempt from customs duties when exported to the EU, the former Yugoslav Republics, Ukraine and the Russian Federation 13

14 CHAMBER OF COMMERCE AND INDUSTRY OF SERBIA RELIABLE PARTNER Resavska 13-15, Belgrade, Serbia T: E: Chamber of Commerce and Industry of Serbia is an independent, modern and responsible non-budgetary institution, a national association of all Serbian businesspeople, which serves the best interests of its members and the Serbian economy, owing to its tradition, experience and knowledge. Our key commitment is to make Serbia visible as a market economy country, with investment opportunities, open borders, and ready to join the European trends in a competitive way. 14

15 A century and a half of the Serbian chamber system tradition and the developed chamber network, Representative Offices broad, are the guarantor of efficient implementation of the support mechanisms for the economy and businesspeople in their activities. We have been and will remain your responsible partner and support to your business through: Representing interests of our members before the governmental bodies and institutions Exercising public powers by issuing various documents Upgrading international economic cooperation Promoting the economy in the country and abroad Disseminating business information to our members Consultancy services Business education Fostering good business practice and business ethics Work of Courts and Arbitration hosted by CCIS 15

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SERBIA. Hall 11, Stand E74

SERBIA. Hall 11, Stand E74 SERBIA Hall 11, Stand E74 ABOUT SERBIA Republic of Serbia is a state of Serbian people and all citizens who live in it, based on the rule of law and social justice, principles of civil democracy, human