News

Updated List of Important Investments to Restart the Slovenian Economy after the Epidemic

On 19 May 2021, the Slovenian government supplemented the list of important investments, originally adopted on 30 September 2020 as part of the Intervention Act to Remove Obstacles to the Implementation of Significant Investments to Start the Economy After the COVID-19 Epidemic (the “Act”). The list originally included 187 investments worth approximately EUR 7.7 billion. The supplemental list identified 35 new investments and also removed 13, mostly redundant or replacement, projects. At present, a total of 336 investments are included in the list, which may be accessed here. The Act aims…

COVID-19

Post COVID-19: Financial Support for Investment Projects in North Macedonia

1. Introduction On 09 June 2020, the Government of the Republic of North Macedonia (the “Government”) adopted a decree with a legal effect as a law that extends the provision of financial support to companies in the industrial sector by co-financing investment projects in the period between March 2020 and December 2021. 2. Amount of the financial support Companies may be provided with financial support in the amount of up to 25% of the realized investment project in accordance with the investment plan. Depending on the total revenue in 2019, the companies may apply for: up to EUR 40,000…