Economy

The city of Leskovac boasts of a long entrepreneurial tradition and a dynamic micro, small and medium companies sector, with developed food processing, textile, chemical and wood industry. There are 930 companies and 4093 entrepreneurs in Leskovac.

The total number of employed people in Leskovac is 29955. 22422 employees work in these companies, while 7533 in the non-commercial sector.

Beside the great number of local companies in the city, there is a significant number of foreign investors: ,,Yura Corporation" (automobile industry, South Corea), ,,Actavis" (Teva- pharmaceutical industry, Israel), ,,Porr - Werner & Weber "(maintenance and treatment of waste, Austria), Dairy LLC (milk and dairy products, Bonapharm group Hungary), ,,Falke Serbia" (textile industry, Germany) ,, Jeanci Serbia" (textile industry, Turkey), ,,Autostop Interiors" (technical and industrial textile, Greece), ,,TeraSteel " (production of construction sandwich panels, Romania), ,,Aptiv Packard" LLC Leskovac (production of electric installations for passenger vehicles, Gillingham).

The city of Leskovac has developed institutional frameworks for local economic development and NALED has certified it as a city with business friendly environment.

The most significant Greenfield locations, formed in order to secure new investments, are Greenfield zone which occupies the area of 971,500м² and the Northern industrial zone with the area of 41,022 м², both of which are connected to all utility networks.

            A significant aid and support to the local self-government of the city of Leskovac is provided by the Office for local development, which operates within the Department for community and local development of the city administration of the city of Leskovac.

            The Office for local development does business related to the application of business friendly environment standards and suggests decisions on measures of improving competitiveness of the city in the process of attracting investments, suggests measures of stimulation for opening new small and medium companies and attraction of foreign investors, deals with improvement and development of instruments of local development policies which stimulates attraction of investments.