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Reading: Municipality of Novi Grad Sarajevo Placed 7 million BAM into Business Sector Last Year
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Sarajevo Times > Blog > BUSINESS > Municipality of Novi Grad Sarajevo Placed 7 million BAM into Business Sector Last Year
BUSINESS

Municipality of Novi Grad Sarajevo Placed 7 million BAM into Business Sector Last Year

Published January 7, 2015
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opcina-novi-grad-sarajevoThe municipality of Novi Grad Sarajevo in cooperation with the BBI (Bosna Bank International) provides the most favourable financial funding for economic subjects who do business in that municipality.

That way, they are trying to support businessmen and facilitate their activities as well as to help preserving working places and to increase the employment level.

This project enables businessmen to get the most favourable financing in B&H per profit rate of 1,99 % up to 3,29 % because the municipality of Novi Grad subventions one part of the profit rate.

From December 2013 to December 2014 almost 7 million BAM per 1,99 % profit rate was placed.

The financing involved 40 companies which kept and hired more than 2200 workers.

This municipality’s strategic objective is to develop business and increase employment. Therefore meaningful funds for stimulating economics are planned for 2015 as well.

Excellent communication this municipality has with the businessmen will result in measures which will contribute to the development of recognizable positive business climate in the biggest municipality in B&H. – was stated from the municipality of Novi Grad Sarajevo.

 

(Source: Klix)

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