Banatsko Novo Selo is a village in Nothern Serbia, stuated in the municipality of Pancevo, South Banat District, Vojvodina province. Banatsko Novo Selo was founded by German settlers in 1765. The name is derived from the local region of Banat (Banatsko), while Novo Selo literally means "New Village", hence the full meaning of the name would be "a new village of Banat". Banatsko Novo Selo is a town on the main road between Belgrade and Timisoara (Romania). It has a population of 7.416 of which 60% are Serb and 40% are Romanian. Its main occupation is in agriculture. However, an increasing number of community members are establishing small and medium size enterprises particulary in agricultural processing.
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