New credit line of Government of Netherlands approved to small and mid-sized enterprises in Serbia

In the scope of the project of European Bank for Rehabilitation and Development (EBRD), through the program for provision of business aid to small and mid-sized enterprises (BAS), the Government of Netherlands approved another aid to Serbia in amount of 1m EUR.

So far, this program has been used by 10 Serbian companies: "Maksim", "Sagateks" from Belgrade, "Modelar" from Novi Sad, "Vapek" from Valjevo, "Megatrend", "Just company" from Niš, "Azohem" from Subotica, "Mihailović" from Paraćin, "Orion" from Kragujevac and "Leonardo" from Ada.

- Small businessmen in Serbia will be offered help in selection of the appropriate experts for resolving specific business problems and the arrival of the councillors from abroad will be enabled. In the scope of this project, 50% of the expenses will be financed, in maximal amount of up to 10,000 EUR - Bojana Vukosavljević, the manager of BAS program in Serbia, pointed out.

According to her words, in order to be qualified for obtaining of this aid, the enterprise should be registered in accordance with the current regulations, the majority package must be in private ownership, it must exist for at least 2 years and employ 10-150 workers.