Economy structure
HUMAN RESOURCES
Labor force - employment
The municipality has 3903 job holders
High School Education
Secondary education in the municipality of Novi Grad is provided by two educational institutions:
- – Secondary School Center “Đuro Radmanović” Novi Grad
- – Gymnasium “Petar Kočić” Novi Grad
University Centers
There is one higher education institution in the municipality of Novi Grad – the Pan-European University Apeiron, Banja Luka branch. Students at the Pan-European University Apeiron, Novi Grad department, have the opportunity to enroll in several undergraduate programs, including:
- – Entrepreneurial Management
- – Banking, Finance, and Trade Management
- – General Legal Studies
- – Business Informatics
Educational profiles in secondary education
Traffic: Road Traffic Technician, Logistics and Freight Forwarding Technician, Operator of Construction and Handling Machinery and Cranes
Mechanical Engineering and Metal Processing: Welder, Toolmaker, Mechanical Engineering Technician for Computer-Aided Design
Economics, Law, and Commerce: Salesperson, Business Informatics Technician, Economic Technician
Electrical Engineering: Electrician-Electrical Installer, Information Technology Technician
Healthcare: Physiotherapy Technician, Pharmaceutical Technician
Hospitality and Tourism: Waiter/Waitress, Cook, Tourism Technician
Educational structure and educational profile
11 educational profiles in 2 high schools (mechanical engineering, business and legal, economics, agricultural, trade and healthy, etc.)
Number of unemployed persons
Average net/gross salary
Net salary 1.146,00 KM
Gross salary 1.719,00 KM
CHARACTERISTICS OF THE LOCAL ECONOMY
Business entities
145 active business entities:
Manufacturing industry: 45 companies
Wholesale and retail trade, repair of motor vehicles and motorcycles: 30 companies
Transportation and storage: 19 companies
Accommodation and food service activities, hospitality and catering: 2 companies
Other service activities: 3 companies
Professional, scientific, and technical activities: 7 companies
Agriculture, forestry, and fishing: 9 companies
Construction: 5 companies
Real estate activities: 2 companies
Extraction of ores and stone: 2 companies
Production and supply of electric energy: 3 companies
Others: 18 companies
Financial performance of SMEs in 2023.
Total income: 388.811.768,00 KM
Total expenditures: 318.940.540,00 KM
Net profit: 19.871.208,00 KM
% of participation in revenues of the processing industry
• Wood industry 33%
• Textile industry 17,5%
• Metal industry 1,8%
• Food industry 43%
• Production of other non-metallic mineral products 2%
• Others 2,7%
Foreign trade exchange of the Municipality
Trade volume in 2023: 117.137.000,00 KM
Total exports in 2023: 32.424.000,00 KM
Total imports in 2023: 84.714.000,00 KM
The most significant foreign trade partners are Germany, Italy, Slovenia, and Croatia. The most significant export products are wood and wood products, textiles and textile products, and basic metals and metal products. The most significant import products are chemical industry products, food industry products, tobacco, machinery and mechanical appliances, electrical equipment, telephones, etc.
Foreign investors
Number of companies with foreign capital: 16
Major foreign investors :
- ,,VASTIL” d.o.o. Novi Grad (foreign investor from Italy, 2017.)
- ,,bioCONCEPT” d.o.o. Novi Grad (foreign investor from Serbia, 2014.)
- “Fabrika peleta” d.o.o. Novi Grad (foreign investor from Serbia, 2012.)
- “SMS IE” d.o.o. Novi Grad (foreign investor from Austria, 2011.)
- ,,UNAGRO” d.o.o. Novi Grad (foreign investor from Serbia, 2015.)
The financial sector