May
11

BUSINESSES TO RECEIVE ALMOST EUR 115 M OF SUPPORT

As of May 10, Ministry of economics and innovation has approved EUR 114.8 m of subsidies to support businesses, affected by COVID-19 related quarantine restrictions.

EUR 71.4 m go to subsidies to companies, 2.4 m to easy loans, 1.99 m to compensate marketplace fees and 5.07 m to self employed.

Largest part of subsidies (33,8 %) has been allocated to trade sector – EUR 23.4 m. 20,7 % went to restaurants and hotels - 14.3 m.

Most of easy loans (24.5 %) also were allocated to trade companies – EUR  7.2 m. 21.4 % went to hotels and restaurants – 6.2 m, construction companies with 3.4 m were in third place.

Subsidies are being administered by State Tax Inspectorate, easy loans by Invega.

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