Spectator on facebook

Spectator on facebook

Economy Ministry proposes investment stimuli for seven projects

The Economy Ministry has submitted proposals to provide investment assistance to seven investors for inter-ministerial review, the ministry’s communication department stated on October 7, as reported by the TASR newswire.

The Economy Ministry has submitted proposals to provide investment assistance to seven investors for inter-ministerial review, the ministry’s communication department stated on October 7, as reported by the TASR newswire.

The investment stimuli is proposed to go to projects in the Nitra, Banská Bystrica, Žilina, Prešov and Košice regions and could help to create 1,096 jobs within five years, TASR wrote. The unemployment rate in these regions ranges between 9.22 percent and 34.33 percent.

Most of the investment projects have an export orientation and the ministry has recommended that investors should receive financial assistance in the form of tax relief, subsidies for purchase of long-term tangible assets and subsidies linked to the number of jobs created, TASR wrote.

Source: TASR


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

Top stories

It takes nuts to help Kenyans

Slovakia has provided more than €10 million to the Kenyan people since 2005.

Muruku slum in Naorobi

Lack of experts challenges ICT sector

To maintain the competitiveness, the Slovak government must support digitising the economy and take a positive stance towards the ICT sector, according to experts.

Illustrative stock photo

Our exit from the EU will not weaken our links

The UK has no intention of undermining the stability of the EU, nor do we want to become more distant to our European neighbours, including those here in Slovakia, the ambassador writes.

Flags displayed on a tourist stall, backdropped by the Houses of Parliament and Elizabeth Tower containing the bell know as Big Ben, in London.

Roma civil patrols will continue

The Interior Ministry allocated €10 million for the project.

Roma patrols in Veľká Lomnica.