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Serbia’s MK Group inteds to make energy efficiency investments in Sunoko’s sugar operations to achieve better operational productivity. The company has requested a loan from EBRD to MK Group and Sunoko to enact this plan as well as for working capital fin

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Serbia may cut the corporate tax to 5 percent for investors who set up production in a free trade zone, a Finance Ministry official said. Under a five-year development strategy for the duty-free areas, the tax authorities plan to trim the rate from 10 percent for foreign investors who bring their businesses to Serbia, on condition that production is intended for export, said Milan Ristic, the Finance Ministry’s director for free trade zones reports Bloomberg. 

Source balkans.com

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