Industry

INDUSTRIAL PRODUCTION

In the case of industrial production projects, there are conditions of minimum investment amount, the share of new technological equipment in eligible costs and the creation of new jobs depending on the unemployment rate in the district, the applied form of investment aid, and the priority of the project sectoral specification.

In the case of expansion, there is an obligation to increase production volume or production turnover by at least 15%.

 

Categorization of Slovakian districts based on the unemployment rate

January 2019

*If the investment incentives recipient is a small and medium-sized enterprise (SME), the minimum investment amount and the number of newly created jobs is reduced to at least 1/2.
** The minimum investment amount in case of applying for cash grant varies in each district based on the priority of the project sectoral specification.


Minimum share of new technologies on the investment Cash grant** Income tax relief Contribution for newly created jobs" Rent/sale of real estate at a discounted price
Min. investment amount Min. investment amount Min. investment amount/no. of newly created jobs Min. investment amount

60%

only priority areas 6 mil. € n/a 6 mil. €

50%

30 mil. € 3 mil. € 3 mil. €/200 3 mil. €

40%

20 mil. € 1.5 mil. € 1.5 mil. €/100 1,5 mil. €

30%

1 mil. € 0.2 mil. € 0.2 mil. €/20 0.2 mil. €

Source: SARIO, Investment Aid 2019

Esig

Source: Sario Investment Aid 2017

 

PRIORITY AREAS IN PROJECTS OF INDUSTRIAL PRODUCTION AND TECHNOLOGY CENTER PROJECTS 

  • manufacture of food products 
  • manufacture of chemicals and chemical products 
  • manufacture of basic pharmaceutical products and pharmaceutical preparations 
  • manufacture of computer, electronic and optical products 
  • manufacture of electrical equipment 
  • manufacture of machinery and equipment 
  • manufacture of motor vehicles, trailers and semi-trailers 
  • manufacture of other transport equipment

Source: Sario Investment Aid 2017

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