EAR set aside €2.5m for aid to small and mid-sized enterprises

Another 40 companies from Serbia will be included in TAM program of European Bank for Rehabilitation and Development. The intention is that certain contribution be given to economic transition and increase in competitiveness of Serbia’s economy – the director of that Program, Charlotte Salford, announced. It is non-profit program whose main donator in Serbia is European Union through European Agency for Reconstruction.

EAR set aside €2.5m for realization of new projects and, so far, in scope of that project, 36 projects have been realized in Serbia. Realization of another 25 projects is underway. The Program increases competitiveness of companies before or after the privatization.