Bosnia's Serb Republic to launch EUR 100 mln Hungary-backed fund for SMEs

Int’l Relations

Bosnia's Serb Republic will launch a EUR 100 million fund backed by Hungary for small and middle-sized enterprises (SMEs), Bosnian media reported cited by news portal SeeNews.

SMEs in the Serb Republic would be able to benefit from grants that will facilitate their operations and improve market competitiveness, business news provider Capital reported on Thursday, citing Radovan Višković, prime minister of the Serb Republic.

The fund is expected to be launched by the end of 2021. The Serb Republic is one of two autonomous entities that form Bosnia and Herzegovina. The other one is the Federation. 

ADVERTISEMENT

Q4 State Debt Ratio at 73.5% Debt

Q4 State Debt Ratio at 73.5%

Prime Minister Delivers State of the Nation Address Government

Prime Minister Delivers State of the Nation Address

DVM Group Strengthens With 2 New Directors Appointments

DVM Group Strengthens With 2 New Directors

Number of Chinese Tourists in Hungary Quadruples From Pre-CO... Tourism

Number of Chinese Tourists in Hungary Quadruples From Pre-CO...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.