Q:
A:
Government supports promising local companies
Kragujevac,
21 December 2012
Minister of Finance and Economy Mladjan Dinkic said in Kragujevac that domestic small and medium enterprises can count on the support of the Serbian government in the form of soft loans from the credit line of the European Investment Bank (EIB).
Author:
Tanjug
During a visit to the company Goma Line, Dinkic said that the aim of the government is to make this facility available to Serbian SMEs in order to encourage employment, production and exports.
He explained that the loans from the EIB credit line are not available on the classic banking market, noting that the terms include a maturity of 12 years and a grace period of two years.
According to Dinkic, Goma Line is a classic medium-size company that is growing fast and that in 2012 recorded an export growth of 50%.
He noted that Goma Line got recognition from the Serbian Investment and Export Promotion Agency (SIEPA) for the best exporter in the category of small and medium enterprises.
The company supplies auto parts for Fiat, but also for Renault, General Motors and UAZ, Dinkic said, adding that, given the excellent export performance the state will help the company to hire 50 new workers, build a new machine tool shop and modernise its facilities.
Goma Line will get aid through grants, through SIEPA, but also through the EIB credit line, he said.
The Minister stressed that all domestic enterprises can count on grant support of up to €10,000 per new employee, provided that they are promising, that they operate well, and that they are able to hire new workers.
The Minister said that Serbian exports in the coming year will grow by at least 25%, mainly on account of exports of Fiat, which is expected to reach €1.5 billion, while the exports of NIS will be between €600 and €800 million.
Only these two companies will provide export greater than €2 billion, and in the case of good agricultural season and the start of Smederevo ironworks’ work, the export will be even higher.
Dinkic today gave a lecture at the Faculty of Economics in Kragujevac "Economic Policy of the government of Serbia and the programme of fiscal consolidation."
He explained that the loans from the EIB credit line are not available on the classic banking market, noting that the terms include a maturity of 12 years and a grace period of two years.
According to Dinkic, Goma Line is a classic medium-size company that is growing fast and that in 2012 recorded an export growth of 50%.
He noted that Goma Line got recognition from the Serbian Investment and Export Promotion Agency (SIEPA) for the best exporter in the category of small and medium enterprises.
The company supplies auto parts for Fiat, but also for Renault, General Motors and UAZ, Dinkic said, adding that, given the excellent export performance the state will help the company to hire 50 new workers, build a new machine tool shop and modernise its facilities.
Goma Line will get aid through grants, through SIEPA, but also through the EIB credit line, he said.
The Minister stressed that all domestic enterprises can count on grant support of up to €10,000 per new employee, provided that they are promising, that they operate well, and that they are able to hire new workers.
The Minister said that Serbian exports in the coming year will grow by at least 25%, mainly on account of exports of Fiat, which is expected to reach €1.5 billion, while the exports of NIS will be between €600 and €800 million.
Only these two companies will provide export greater than €2 billion, and in the case of good agricultural season and the start of Smederevo ironworks’ work, the export will be even higher.
Dinkic today gave a lecture at the Faculty of Economics in Kragujevac "Economic Policy of the government of Serbia and the programme of fiscal consolidation."
-
Požega, 5 July 2025Section of Pakovraće - Požega highway officially opened
-
Belgrade, 2 July 2025Technical specifications defined for Serbia-Hungary oil pipeline
-
Belgrade, 30 June 2025IMF confirms Serbia successfully implementing all agreed reforms
-
Belgrade, 27 June 2025Double Taxation Avoidance Agreement with Germany signed
-
Kostolac, 25 June 2025Construction of Kostolac wind farm nearing completion
-
Belgrade, 24 June 2025Government supports request for new postponement of sanctions against NIS
-
Belgrade, 23 June 2025Procedures to facilitate sale of Serbian products to China to be accelerated
-
Belgrade, 21 June 2025Serbia receives first funds under Growth Plan for the Western Balkans
-
Belgrade/Cairo, 20 June 2025New phase in relations with Egypt in field of agriculture
-
Belgrade/Athens, 18 June 2025Serbia’s leadership position in power sector