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Serbia’s help to preserve liquidity and jobs

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Without the help of the state, it would be difficult to overcome the problems of liquidity and servicing of all obligations, says the director of the company “Meter & Control”, Vladan Lapcevic.
Without the help of the state, it would be difficult to overcome the problems of liquidity and servicing of all obligations, says the director of the company “Meter & Control” Vladan Lapcevic and emphasizes that, despite the difficult situation, they managed to hire 15 more workers and expect a record year thanks to agreed exports to EU countries.
Lapcevic told Tanjug that the company, which manufactures smart electricity meters and remote reading systems, is developing rapidly and that they always have challenges when it comes to liquidity.
Now, in times of crisis, it is far more pronounced than usual, Lapcevic explains and adds that the first set of measures to support the economy was of great help.
“Without the help of the state, we would have big problems with liquidity, and that helped us a lot to overcome the crisis,” said Lapcevic.
He says that the moratorium on repayment of loans and payment of taxes and contributions was especially important to them.
They also benefited from the payment of three minimum wages for employees.
“If it weren’t for such help, the question is how they would have made it through the previous months,” says the interlocutor of Tanjug, adding that they applied for loans from the Development Fund, but also from commercial banks.
He points out that the new aid package will also be useful for them and that they will focus on preserving liquidity and jobs.
He points out that in addition to regular jobs in Serbia, they also agreed on new jobs in Slovakia and Switzerland, and that they expect a record year, bearing in mind that due to the volume of work, they hired 15 new workers in addition to 60, as they had before the coronavirus crisis.
“We believe that, despite all the challenges, we will end this year as a record,” said Lapcevic.
He points out that support in insurance and financing of exports would be of great help to them.
Lapcevic also says that thanks to the stable development of products and services and innovations, any crisis can be overcome.
The state will allocate another 550 million euros for the second package of measures to help the economy to mitigate the negative consequences of the crisis due to Covid 19.
Among other things, they are expected to pay 60 percent of the amount of the minimum wage for two months, as well as to defer taxes and contributions on wages for one month, Danas reports.

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