Investment aid totalling over €20 million in the form of tax breaks, but also subsidies for the acquisition of assets should go to six companies, says a proposal on the provision of investment aid from the Economy Ministry.
They include Schindler Dunajska Streda, INA Kysuce, Schaeffler Slovensko, Unomedical, Embraco Slovakia and FLAMEshoes. The submitted investment projects should create a over 650 new jobs in Slovakia. The ministry estimates that these six investments could generate revenue for the state budget of more than €120 million. The largest share of all the investments that applied for investment aid are, according to the ministry, related to expanding existing plants, increasing production, or to substantial modernisation of technological equipment.
