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Expansion of the list for double incentives as response to basic problems in the Serbian economy in 2011

 

Serbia`s Deputy Prime Minister for Economic and Regional Development Verica Kalanovic said yesterday that the Serbian government will expand the programme of double incentives for investors in the Serbian municipalities in which unemployment rates are above average.

During the visit to Backa Palanka, Kalanovic explained that the municipalities with over 50,000 inhabitants and an unemployment rate above average will receive double incentives for investors who wish to open new production plants, expand the existing and employ new workers.

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She explained that the expansion of the list for double incentives will be made as part of the package of response to basic problems in the Serbian economy in 2011, and these are unemployment, insolvency and lack of fiscal discipline among companies.

The Deputy Prime Minister recalled that the Serbian government has already adopted measures to encourage employment and reduce the number of people working in the grey economy, taking into account that more than 200,000 people in Serbia work illegally.

Kalanovic delivered to company Nopal Lux an agreement on employment of 120 new workers through the programme of support to investors administered by the Serbian Investment and Export Promotion Agency (SIEPA).

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She said that this company specialises in the production and sale of products for household electrical installations and it received €3,500 per each new employee as part of the grants programme for encouraging investment.

Kalanovic also visited today the company Tarkett, which produces sheet vinyl and resilient and hardwood floorings – a unique product on the domestic market.

Source balkans.com

 

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