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SIEPA announces new open competition for employment subsidies

In association with the Ministry of Economy and Regional Development, the Investment and Export Promotion Agency (SIEPA) yesterday announced a public invitation for allotment of non-refundable financial means for investments to interested companies.

This invitation is announced on the basis of the Regulation on the terms and way of attracting direct investments and it is open for all companies whose products and services are the subject of international trading. A total amount of funds is determined on the basis of prescribed criteria.

The period for submission of applications for the 13th round of approval of financial means started on February 7 and ends on March 4.

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For investments in the production sector, incentives for each newly created job range between EUR 2,000 and 5,000, that is, between EUR 4,000 and 10,000 for investments in devastated areas and the areas of special interest – Zajecar, Kraljevo, Nis, Novi Pazar.

For investments in the automotive, electronic and information technology industry and the areas of special interest, incentives range between EUR 5,000 and 10,000 per new job, while the amount of incentives for investments in the service sector will range between EUR 2,000 and 10,000 per newly created job.

Source Ekapija.com

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