Increases the maximum amount of regional aid for investment costs

Effective from 1 January 2024, the Government of Slovakia introduced an amendment to the regional aid map. It allows for increased maximum aid amounts for investments in the Western Slovakia region. Specifically, the maximum aid for eligible investment costs in the districts of Partizánske and Prievidza has been raised from 40 per cent to 50 per cent, and in other districts of Western Slovakia from 30 per cent to 40 per cent. This revised aid map will remain in effect until 31 December 2027. The Act on Regional Investment Aid of 2018 allows for investment incentives for both new and existing companies engaged in industrial production, technology centers, combined industrial and technology projects, and shared services centers. The aid is offered in various forms including corporate income tax relief, cash grants for tangible and intangible assets, contributions for new job creation, and discounted public real estate rent or sale.

• Type:

  • Promotion and facilitation (Investment incentives)

• Industry:

  • Not industry specific

• Sources:

  • The Antimonopoly Office of the Slovak Republic (AMU), STATE AID: Amendment of the regional aid map for Slovakia effective from 1 January 2024, https://www.antimon.gov.sk/statna-pomoc-zmena-mapy-regionalnej-pomoci-pre-slovensko-platna-od-1-1-2024/, 01 Jan 2024
  • https://ec.europa.eu/, The European Commission approval of the amendment to the Slovak regional aid map for the period from 1 January 2024 to 31 December 2027, https://ec.europa.eu/competition/state_aid/cases1/202343/SA_109293_80305C8B-0100-C66D-80AA-93B5AE0EB54B_33_1.pdf, 16 Oct 2023