In Belgrade started the reconstruction of the Jugoexport building, located in Trg Republike, which will be renovated and turned into a four-star hotel.

The building was built back in 1923 and it is under state protection as a cultural monument, so it took time to obtain all necessary permits, and the facade will not be changed, but instead only restored. As the building spread over 5,500 m2 sits in the very center of the city, the hotel will accordingly bear the name Centar Beograd. The total investment will total around 14 million euros.