Spectator on facebook

Spectator on facebook

Government changes rules for investment aid, again

Companies asking for state investment aid will have to prepare for new terms starting in April 2013. On Wednesday, January 9, the government approved the changes, as elaborated by the Economy Ministry.

Companies asking for state investment aid will have to prepare for new terms starting in April 2013. On Wednesday, January 9, the government approved the changes, as elaborated by the Economy Ministry.

According to the new rules, aid-seeking companies will have to guarantee the creation of at least 15 percent of new jobs from the average of the last 12 months, the TASR newswire wrote. However, the number of new employees shall not be smaller than 40, and they must be employed full-time for one year; while the part-time and seasonal jobs represent the shares of annual labour units. The jobs that ceased to exist during the last year must be deducted from the number of jobs created within that period.

If the company asks for help to expand production in an existing plant, it must guarantee a growth in production – at least by 15 percent in value or volume for the last three fiscal years preceding the application.

(Source: TASR)
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

She has been writing the same letter for 20 years: Stop the War

Vlasta Novotná's letters of peace have received answers from Fidel Castro, the White House, and the French President’s Office.

Vlasta Nováková

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

Begin afresh

I’m not sure if there is a typical Canadian way to get married.

Homophobic banners attributed to Ján Mrva give rise to criminal complaint

The Bratislava Mayoral candidate denies being behind the banners but has not condemned the contents argues NGO.

Ján Mrva