Government adopts program of support to textile and leather industry

At the latest session, the Government of the Republic of Serbia adopted the Conclusion on the adoption of the Financial Support Program for the production of clothing and other textile and leather items in 2026, which provides both non-refundable funds and funds from the Development Fund, the Government of Serbia announced on its website.

The program provides RSD 70,000,000 in non-refundable funds and RSD 70 million in loans from the Development Fund, namely, for co-financing the purchase of new or used production equipment (up to five years old), delivery vehicles, computer equipment and software, adaptation of production space (up to RSD 1 million) and working capital up to 20% of the investment. Grants amount to up to 40% of the investment value, or up to 50% for companies from the third and fourth development groups of municipalities.

Manufacturers of textile and leather goods can receive from RSD 625,000 to RSD 3,000,000 (the loan-grant ratio is 60:40), or from RSD 500,000 to RSD 3,000,000 (50:50 for less developed municipalities).

– The maximum amount of grants is RSD 1,200,000, or RSD 1,500,000 in underdeveloped areas. The remaining part is financed from own resources or a loan from the Development Fund, with a repayment period of up to 60 months and an interest rate of 2.5% – the government says.

The members of the Government also adopted amendments to the Decree on the Distribution of Incentives in Agriculture and Rural Development for 2026, which ensure the continuity of support for domestic agricultural producers and the improvement of living conditions in rural areas. These amendments enable the distribution of funds, so that a total of RSD 36 billion is allocated for basic incentives in plant production, and RSD 400 million is intended for income diversification measures and improving the quality of life in rural areas, through investments in the development and modernization of rural infrastructure.

The Government of Serbia also adopted the Decree proclaiming the Tufa Accumulation near the Tumane Monastery a natural monument, whereby the category of protection of that representative nature area with significant biodiversity characteristics and values of scientific, esthetic and educational importance is increased in order for it to be additionally preserved and protected.

– By proclaiming the Tufa Accumulation near the Tumane Monastery a natural monument, the preservation of that nature area, which spreads on 5.85 hectares in the municipality of Golubac, is ensured – the announcement says.

The Tumane Monastery gives additional significance to that location, it is said.

Vlada Republike Srbije

Support Program for the production of clothing and other textile and leather items

Decree on the Distribution of Incentives in Agriculture and Rural Development

Tumane Monastery