Spectator on facebook

Spectator on facebook

New investment rules for state stimuli

SLOVAKIA is to implement new fixed rules on providing state stimuli for the investors.

Ministers with economic portfolio discussed the rules for providing state support for firms and advised the cabinet to approve them. The cabinet will discuss the rules next week, according to the daily SME.

These rules are designed to overcome the dispute that arose over state stimuli for Korean investor Hankook Tire.

The proposed law divides Slovakia into two basic zones: a green (poorer) zone and a yellow (wealthy) zone. Economic sectors are divided into three: sector A is for investment in industrial production, and Sector B is for strategic investment in the high-tech branch. Sector C is for research and development centres.

Compiled by Magdalena MacLeod from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Jaguar will need people from abroad for its Slovakia's plant

HR director Nicci Cook says that she sees women and the long-term unemployed as an untapped resource of the work force for the JLR plant in Nitra.

Nicci Cook

People marched for LGBTI rights in Bratislava

Take a look at the Bratislava Rainbow Pride 2018 that took place on Saturday, July 14.

Begin afresh

I’m not sure if there is a typical Canadian way to get married.

Slovakia to buy F-16 fighter jets. What is wrong with the ministry's analysis?

The Defence Ministry persuaded the government that the American offer is better than the Swedish, but analysts are not convinced.

F-16 fighter jet.