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Economic Security Frontpage

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  • Cluster Support / Podrška klasterima

    "Kostana" Shoe Cluster Promotion in Vranje / Promocija klastera proizvođača obuće iz Vranje

  • Youth Entrepreneurship Projects / Projekti omladinskog preduzetništva

    Youth Entrepreneurship Projects / Obuka iz preduzetništva za mlade

  • Youth Business Support / Podrška mladim preduzetnicima

  • Youth Business Support / Podrška mladim preduzetnicima

  • Youth Business Support / Podrška mladim preduzetnicima

What is Economic Security Project?

Economic Security Project is a multi-year $26 million project supported by the United States Agency for International Development (USAID). The Project assists businesses in difficult environments grow and expand into new markets and works with Serbia`s youth to empower them for the future careers in business

HomeHomeNews and EventsNews Archive 2006-2011South Serbian shoe manufacturers plan business cluster; hope to replicate the success of ASSTEX - the Sandzak textile cluster

South Serbian shoe manufacturers plan business cluster; hope to replicate the success of ASSTEX - the Sandzak textile cluster

Belgrade / Novi Pazar / Vranje, August 17: South Serbian shoe manufacturers Minex and Mladenovic met with ASSTEX representatives last week to learn how to create an industry cluster. As the country’s first textile cluster, ASSTEX has revitalized Sandzak’s famed textile and apparel industry.  Through branding of Serbian-designed apparel, ASSTEX has led market expansion domestically and internationally. 

The cluster approach has also expedited the introduction of quality standards, acquisition of modern equipment and adherence to environment protection standards. With its recent $240,000 grant from the Serbian Investment and Export Promotion Agency (SIEPA) to open a showroom and distribution center in Moscow, ASSTEX proved that cluster-based associations can negotiate on behalf of all their members to benefit individual companies. 

South Serbian shoe manufacturers hope to initiate their cluster in the near future; PPES plans to support this effort.

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