Mali: EUR 12 Million Invested in Geox, State Received Back 25 Million in Taxes and Contributions

The state invested EUR 11 to 12 million in Geox, and EUR 25 million was paid to the budget in taxes and contributions alone, Serbian Finance Minister Sinisa Mali stated today.

Commenting on the closing of Geox in Vranje, Mali said that the state had honored all the terms of the agreement on its part.

– We invested EUR 11 to 12 million in Geox, and we got 25 million back just in taxes and contributions for the employees. President Vucic has launched the whole mechanism of having the people employed again – Mali said on TV Happy.

Vlada Republike Srbije

Ministarstvo finansija Republike Srbije

Technic Development d.o.o. - u likvidaciji

Government of Serbia

Ministry of Finance

Geox

Sinisa Mali

employment