Spectator on facebook

Spectator on facebook

BREAKING NEWS

Incentives rules approved

THE SLOVAK Cabinet has approved new rules for providing state incentives to investors. The cabinet hopes that clear rules will attract help more investors to Slovakia.

"Investors will finally know what incentives they are entitled to from the Slovak government," said Juraj Kotian, the chief analyst with Slovenská sporiteľňa bank.

According to the new rules, Slovakia will be divided into three zones. The zones will stipulate the total value of incentives that investors will be entitled to. Higher incentives will be approved for investors who place their investments into areas with a higher jobless rate.

The cabinet also agreed that investments above Sk10 billion (€256 million) will be evaluated as strategic provided that they create at least 1,000 new jobs. Strategic investors will be able to negotiate for individual assistance.

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

How rock music helped bring down the totalitarian regime Video

A new film shows that Rock & Roll, forbidden in the Soviet Union, helped to end the Cold War.

Illustrative Stock Photo

Movies under an open sky feel differently than in an air-conditioned cinema Photo

The popularity of outdoor cinemas is increasing in Bratislava

Bažant Kinematograf on the Magio Pláž beach

Peter Sagan announces split with his wife Katarína

The Slovak cycling star who has a young son said “It will be much better this way”.

Peter Sagan marries Katarína, November 2015.

Top 3 news from Last Week in Slovakia Video

Slovakia to buy 14 American fighter jets.

This archive picture from 2014 shows an older model of the F-16 fighter jets.