Agricultural farms in Serbia significantly increased the purchase of agricultural machinery in the first half of this year, according to PKS.
As an example, the Serbian Chamber of Commerce cites the number of “telehandlers” sold, agricultural machines of wide application, also known as the telescopic manipulator.
In the first half of the year, a total of 140 copies of this machine were sold, which is 45.8 percent more than in the same period in 2019.
The growth of sales of agricultural machines was also contributed by the third Public Call for applications for approval of projects for IPARD incentives for investments in physical assets of agricultural farms, as well as the planned incentive measures within that call, according to the SCC.
According to the terms of the invitation, incentives are determined in the amount of 60 percent of the total eligible costs of the investment, ie 65 percent if the investment was realized by a farmer younger than 40 years of age, and 70 percent for investments in mountainous areas, B92 reports.
