eKapija | Governmental subsidies for 23 investors - In 2015, Serbia provides EUR 98,4 m through incentives to investors

(Photo: isak55/shutterstock.com)

Almost all major foreign investments in Serbia were attracted by governmental subsidies for employment. Once the privilege was called subsidy, or giving funds of citizens of Serbia, was reserved for foreign investors only, but after the new Law on investments local investors have the same rights.

The Ministry of economy outline for Danas that for total amount of investment of almost two billion euros granted, app. EUR 420 m of incentives was approved, which employed around 60,000 people. Only during last year app. EUR 98.4 m was allocated for 23 investors based on it.

As far as control of how money is spent is concerned, the Ministry of economy outlines that in the past it did not exist

List of companies which received incentives for hiring in 2015:

1. Trendtex EUR 776.239

2. Delphi Packard EUR 18,3 m

3. Hutchinson EUR 2,2 m

4. NCR EUR 14 m

5. Falke Serbia 853.497

6. Yura, Leskovac EUR 951.506

7. MEI TA Europe EUR 22,7 m

8. Contitech Fluid Serbia EUR 3 m

9. MDG EUR 960.000

10. Swiss Papier EUR 234.000

11. Aster Tekstil EUR 1,6 m

12. IGB Automotive Comp EUR 1,4 m

13. Leoni WCS EUR 677.216

14.Weibo-Group EUR 12 m

15. Banja Komerc Bekament EUR 500.000

16. SR Technics Services EUR 420.000

17. LEAR Corporation EUR 9,5 m

18. Teklas Automotive EUR 4,7 m

19. Masterplast EUR YU 2 m

20. Streit Nova EUR 4,2 m

21. Johnson electric EUR 19, 2 m

22. Real Knitting EUR 750.000

Governmental subsidies for 23 investors - In 2015, Serbia provides EUR 98,4 m through incentives to investors

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