State plans fresh SME loans

The government has announced it will spend some RSD 20bn (EUR 240mn) in loans for those ready to start new SMEs this year.

Izvor: B92

Saturday, 10.05.2008.

13:05

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The government has announced it will spend some RSD 20bn (EUR 240mn) in loans for those ready to start new SMEs this year. A portion of the money will also be spent via subsidies, reports said. State plans fresh SME loans Small and medium enterprises are seen as a way to provide business opportunities for those ready for this type of challenge. 40 percent of Serbia's total import, and some two thirds of trade, are conducted through the existing SMEs. The companies employ around 10,000 new workers each year, statistics say.

State plans fresh SME loans

Small and medium enterprises are seen as a way to provide business opportunities for those ready for this type of challenge.

40 percent of Serbia's total import, and some two thirds of trade, are conducted through the existing SMEs.

The companies employ around 10,000 new workers each year, statistics say.

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