期刊名称：Facta Universitatis. Series Economics and Organization
印刷版ISSN：0354-4699
电子版ISSN：0354-4699
出版年度：2012
卷号：9
期号：2
页码：241-255
出版社：University of Nis
摘要：Since it is directly in line with the National Waste Management Strategy, the development of recycling in Serbia has primarily strategic importance in achieving objectives towards EU standards. On the other hand, it is an industrial sector with great economic potential. The support of the state through institutions is an important factor for sustainable development of any industry, especially when it comes to the industry that can be considered a pioneer in Serbia. Development and strengthening of regional cooperation in environmental protection and sustainable development can be achieved by linking and harmonizing the activities of economic entities, involved in waste management and recycling. On the territory of South Serbia, this networking is realized through the action of the cluster "South Recycling". The research on profitability of these types of investments, development opportunities, as well as the role of institutions in this process, was carried out in cooperation with the cluster "South Recycling". The results of that research are the subject of this paper. Based on the analysis of the investment project and the experience of investors, it is evident that investment in recycling is a profitable investment. In addition to cost effectiveness, this type of investment is justified according to all environmental criteria, in terms of contribution to fulfilling the objectives of the Regional Strategic Waste Management Plan for the region of Niš. As this industry is only at the beginning of its development in Serbia, the role of government and the Ministry of Environment and Spatial Planning in supporting this type of investment projects should be higher. The establishment and functioning of the Fund for Environmental Protection is an important step in improving the financing in this area.
