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Home > About Slovenia > Publications > Slovenia News > Slovenia News 22 May 2007 > Slovenia Earmarks EUR 7.8M for FDI Incentives in 2007 and 2008
 
Slovenia Earmarks EUR 7.8M for FDI Incentives in 2007 and 2008
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Ljubljana, 18 May

Slovenia earmarked EUR 7.8m for foreign direct investment (FDI) incentives in 2007 and 2008, Jan Stanovnik of the Public Agency for Entrepreneurship and Foreign Investments told the press in Ljubljana on Friday.

According to Stanovnik, EUR 5.6m will be available in 2007 and EUR 2.2m in 2008, however, the amount could be raised in case of increased interest.
The aim of the public call for tenders, published in early May, is to create new jobs in industries with higher value added, bring new technologies and know-how, facilitate sustainable regional development and bring about synergistic effects between foreign investors and Slovenian companies.
Stanovnik added that the grants on offer were aimed at improving the competitive ability of Slovenian companies and create 1,000 new jobs in the next three months.
The tender is open for foreign investors, but the money will got to companies registered in Slovenia which are at least in 10% ownership of a foreign company.
Slovenia earmarked EUR 5m for FDI incentives in 2006, co-financing nine projects that created 1,150 jobs, according to Sabina Kolesa, director general of the Directorate for Foreign Economic Relations at the Economy Ministry.

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