FactSheet 2011 Web

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Geography

Land area: 10,908 km²Terrain: Low ood plains throughout central

Kosovo, surrounded by mountains tothe north, west and south.

Land Use: 52 % agriculture, 39 % orests

Capital: Prishtina - est. population 200,000

PejaPrishtina

Mitrovica

Prizreni

Gjilani

Gjakova

Drenasi

Ferizaj

Theranda

Podujeva

Istogu

FACTSHEET

KOSOVO

REPUBLIC OF KOSOVO

Ministry of Trade and Industry



Investment OpportunitiesKosovo oers excellent investment opportunities inagriculture, ood processing, wood processing, ICT andbusiness proces outsourcing, construction, automotiveand electronic components, textiles, tourism, mining,and energy. For additional inormation on investmentopportunities visit IPAK -Vienna at www.ipak-vienna.

Education

Te compulsory school and higher educationsystems have been reormed, lending greatimportance to their quality.

Over 40,000 students at two public universitiesand over 10,000 at private universities and colleges.New world class public university in Prizren.

Over 8,000 graduates per year.

Population

Population: approximately 2.2 millionEthnic

composition: 90 % Albanians, 5 % Serbs,2 % Muslim Slavs (Bosniaks, Gorans),2 % Roma and 1 % urks

Distribution: 42 % urban, 58 % rural

Diaspora: over 500,000 people living abroad

Languages: Albanian, Serbian, English.



Telecommunication

Telecommunication: Te Post and elecommunica-tions o Kosovo (PK) oers a comprehensive rangeo services: Post (120 post oces), fxed and mobiletelephony, Internet (“Dardanet”).

Fixed network: 92,000 fxed telephone connectionsin 1999; currently around 135,000. Second fxedtelephony license issued to Ipko Net in July 2006.

Mobile Network: Currently around 1,200,000customers o “Vala” (PK). As o March 2007 thesecond GSM license granted to IPKO – Slovenian elekom. Currently IPKO has ca. 300,000 users.

Internet: Wide coverage; three licensed providers;21 % o population has internet access.

Transportation

Road network: Te road network consists o 630 kmo main roads. A highway connecting Kosovo withAlbania and Serbia currently under construction.

Railway: Combined length o 330 km. It covers theentire territory, connecting both the south with thenorth and east with west.

Air transportation: Prishtina International Airportis, with over one million passengers per year, one o the most requented airports o the region.

European Integration andMemebership to internationalBodies

Participant in the Stabilization andAssociation Process (SAP), the EU’spolicy ramework towards the WesternBalkans, by ollowing the guidelines o the European Partnership. Te SAPsteers Kosovo’s reorm process accordingto EU best practice and Europeanlegislation.

EU-Mission in Kosovo (EULEX)helping to strengthen rule o law.

Member o the World Bank and InternationalMonetary Fund.

Negitations or a trade agreement with the EU currently underway.

Security

App. 7,500 Kosovo Police (KP) ocers; 5,000 NAOPeacekeepers, 1,950 international ocials.

Specialized agencies, including Kosovo Anti-Corruption Agency, investigate misuse o publicmoney and fnancial crime.

Judiciary

Applicable commercial Law: Built in compliance withEU-Legal Framework, all laws available online and in

English.Court structure includes the Supreme Court o Kosovo,District Courts, Municipal Courts and Courts o MinorOences. A Special Chamber o the Supreme Courtdeals with Kosovo Privatisation Agency related matters.

Economy

Currency: EURO

Gross Domestic Product (GDP): In : .billion, Per capita: ,, Growth rate: 4,0 %; Mostly driven by private sector growth.

Inflation: On average 3.1 % per annum over the past fve years.

Financial Sector: wo tier banking system consisting o Central Bank o the Republic o Kosovo and eight privateBanks, 10 Insurance companies and two pension schemes.

Enterprises: Over 45.000 active SMEs in 2010, app. 50 %o total SMEs engaged in trade industry. 500 Socially Owned Enterprises o which 400 already privatized.

Budget: In 2011 totalling app. € 1.434 billion.

Tax System: VA 16 %, Corporate Proft ax 10 %,Personal Income ax progressive max. 10 %.

Tariff duties: 10 % customs duties on imports, no dutieson capital and intermediary goods, and selected raw materials; Excise tax on uel, tobacco alcohol and luxury goods. No duties and taxes on exports.

Free trade: Customs-ree access to the EU marketbased on the EU Autonomous rade Preerence (AP)Regime(extension - currently still pending),Central European Free rade Agreement – CEFA andpreerential treatment o exported goods in the US market.

Labour market: Average monthly labour cost 330 Euroin 2010, skilled and well educated work orce.

Location factors: Competitive, well educated and young workorce, enviable natural resources (mining, agriculture),low taxes and a transparent tax system, customs ree accessto the markets o CEFA, EU and USA, Euro as ocialcurrency.



Nussdorfer Strasse 20 / 23

A-1090 Vienna, AustriaTel: +43 (1) 890 50 26Fax: +43 (1) 890 50 26 26Web: www.ipak-vienna.org,

www.eciks.orgE-Mail: [email protected],

[email protected]

About Us

Mission

Contribute to Kosovo’s economic development by promoting oreign direct investments rom German-Speaking Countries.

Free-of-charge Services

Inormation on investment opportunities in Kosovo,business and legal environment, assistance with localauthorities, ater-care-services, etc.

Implementation

Te Vienna Oce o Investment Promotion Agency o Kosovo is a project implemented by the EconomicInitiative or Kosova - ECIKS.

Project financed by

Documents

FactSheet 2011 Web