Pirot was granted city status in 2016. According to the level of development of the local self-government unit belongs to the Second Group. The population density is about 44 inhabitants per km².
The advantages of Pirot are:
- Favorable geographical location;
- General Urban Plan of Pirot was made;
- Establishing a geographic information system;
- Large resources of freelabor;
- Greenfield and brownfield locations;
- Benefits for investors;
- Municipal Service Administration;
- The tradition of industry and craftsmanship;
- Profit-oriented investment-oriented utility systems;
- Satisfactory percentage of utility billability;
- Stara Planina Nature Park;
- Natural wealth (sources of drinking water, forests, pastures and meadows);
- Funds can be allocated for investment projects in the manufacturing sector;
- The beneficiary of funds who employs new employees associated with the investment project is granted funds in the amount of 30% of the eligible costs of gross earnings;
- The beneficiary of the funds implementing the investment project may be granted an increase in the amount of grants in the amount of up to 30% of the amount of eligible costs of investment in tangible and intangible assets.