Spectator on facebook

Spectator on facebook

State supported investors with Sk32.147 bln. over seven years

Slovakia provided Sk32.147 billion in incentives to investors between 2001 and the end of last year, the SITA newswire wrote.

Slovakia provided Sk32.147 billion in incentives to investors between 2001 and the end of last year, the SITA newswire wrote.

An analysis by the Economy Ministry shows that the state allocated an additional Sk11.168 billion to towns and villages during the same period for construction of public infrastructure needed for development of industrial zones. Throughout the whole period, 84 applications for provision of investment incentives were approved.

The most widespread form of assistance was subsidies to buy investment assets (51.5 percent). The second most common was tax relief (36.6 percent).

Contributions for re-qualification and creation of new jobs implemented in cooperation with the Labour Ministry made up the smallest portion of the total volume of approved aid, in the form of investment incentives (11.7 percent). SITA

Compiled by Zuzana Vilikovská 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

Construction of underground roundabout changes traffic flow on Bratislava’s Mlynské Nivy

Mlynské Nivy Street will be transformed into a modern boulevard by the autumn of 2019.

New construction on Mlynské Nivy Street.

Slovakia is the first country to test a new VAT refund app

Getting money back for buying souvenirs in Slovakia will be easier - there will be an app.

Illustrative Stock Photo

Prosecution has found errancies in criminal files related to self-employed farmers

General prosecutor feels that some prosecutors in the east of Slovakia follow their own conscience and opinion and not valid legislation.

General prosecutor Jaromír Čižnár

What are the best tourism sites in Slovakia recommended by CNN?

In its travel section the article describes the 11 best places to visit, suggested by Pavlo Fedykovych.

The commemorative coronation procession of Maximilian II, June 24, 2018, starting at Bratislava Castle.