Serbia: Investors Who Create New Jobs to Receive EUR 2,000 to 10,000 per Employee

3. Juli 2006, 00:00

Serbian Minister of Finance Mladjan Dinkic said in Nis on Saturday that the Serbian government will stimulate...

Serbian Minister of Finance Mladjan Dinkic said in Nis on Saturday that the Serbian government will stimulate investors who will create new jobs by giving them between EUR 2,000 and 10,000 per employee.

Speaking at a presentation of the National Investment Plan, Dinkic explained that these incentives refer to "greenfield investments" and that the Serbian government set aside EUR 20 million for that purpose.
He added that investors will be required to place a bank guarantee and the money for newly-employed will be paid in a phased-out manner, in line with the pace of investment cycle.

Dinkic also visited Knjazevac and the Stara Planina mountain, where he announced the beginning of construction of a modern ski centre with a four-seat ski lift whose capacity will be 34,000 skiers per hour, or 10,000 skiers more than on mountain Kopaonik.

He said that partners from Austria have already worked out a feasibility study, according to which the capacity of Stara Planina is 100 kilometers of ski tracks.

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