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BUSINESS IN SHORT

Government using incentives to boost employment

THE STATE is finding new ways to bring jobs to regions with high unemployment.

THE STATE is finding new ways to bring jobs to regions with high unemployment.

It is offering large incentives to investors who choose the districts of Rimavská Sobota, Revúca, and Rožňava, the Pravda daily wrote.

As of May 1, firms that settle in the Košice, Prešov, Banská Bystrica and Žilina Regions are eligible for support equalling as much as half of the planned investment. Those that choose the Bratislava Region will receive only one tenth their investment.

But experts say that incentives are not the only criterion that investors use to decide their investment. Infrastructure and the labour force are the most important criteria, with incentives in fourth place.

The Economy Ministry distributed Sk2.3 billion in incentives last year. That amount will decrease to Sk2 billion this year.

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