During a session of the Committee of the Association for Chemical, Rubber Industry, and Non-metal Industry of the Serbian Chamber of Commerce in Prahovo, it was emphasized that the Serbian chemical industry demonstrates its capability by exporting 69 percent of its production to the demanding European Union market. This export success underscores the industry’s adherence to the latest standards, possession of necessary certificates, and its commitment to quality, knowledge, and capacity necessary for contributing to projects like EXPO 2027.
Members of the Association’s Board initiated a proposal to integrate domestic products into the planned technical solutions from the outset of the design phase. This proactive approach aims to bolster the domestic economy by leveraging local capacities and promoting economic growth through taxes, salaries, and contributions to increase GDP.
Vladimir Todorović, the General Director of the ELIHIR Group company and Chairman of the Association Board, highlighted the investments and latest projects of Elihir Prahovo. He emphasized that Elihir Prahovo stands as the most successful and rapidly growing company in Eastern Serbia, boasting over 1000 employees. Todorović outlined the company’s strategic focus on investments in phosphoric acid and NPK fertilizers production, purification of phosphoric acid, establishment of new plants such as aluminum fluoride (AlF3), and investment in technological and infrastructure development while prioritizing safety, health, and environmental concerns.
Dragan Stevanović, Secretary of the Association of PKS, discussed the Association’s activities in 2023, noting its inclusion of 6,995 economic entities employing 60,442 individuals.
Mirjana Balog Kormanjoš provided insights into the current state of chemical industrial production and foreign trade exchange. In 2023, the chemical industry’s foreign trade exchange amounted to nine billion euros, representing 13.8 percent of Serbia’s total exchange. During the same period, exports of chemical products totaled 3.9 billion euros, while imports reached 5.1 billion euros, resulting in a trade deficit of 1.2 billion euros. The most exported rubber and plastic products accounted for 2.2 billion euros, contributing to a surplus of 650 million euros in the foreign trade exchange of rubber and plastic products.
