BUSINESS IN SHORT

Investors got Sk32 billion in incentives

SLOVAKIA provided investors with incentives totalling Sk32.15 billion between 2001 to 2007, the Finance Ministry writes in an analysis.

SLOVAKIA provided investors with incentives totalling Sk32.15 billion between 2001 to 2007, the Finance Ministry writes in an analysis.

Between January 2001 and June 2006, the Mikuláš Dzurinda government provided state incentives of Sk16.8 billion to 21 projects, the SITA newswire wrote. Towns and villages got an additional Sk8.78 billion for development of industrial zones. Companies which received the stimuli should create over 14,000 jobs and invest Sk100 billion by 2012.

The Robert Fico government provided investment stimuli of Sk15.32 billion for 63 projects from July 2006 and the end of 2007. Towns and villages received an additional Sk2.39 billion. By 2013 the beneficiaries should create over 20,000 new jobs and invest over Sk66 billion.

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