Kosovo Rolls Out Historic €5M Business Support

Kosovo Rolls Out Historic €5M Business Support

Business

The Ministry of Industry, Entrepreneurship and Trade (MINT) invites Micro, Small and Medium Enterprises (MSMEs) to apply through the E-Kosova platform for the purchase of advanced manufacturing and processing machinery, worth five million euros, CE Report quotes Kosova Press.

In a press conference, the acting Minister of Industry, Rozeta Hajdari, said that the purpose of the grant scheme for the purchase of machinery is to help MSMEs contribute to the growth of production and processing, through the expansion of their capacities.

Acting Minister Rozeta Hajdari has explained how this grant is divided into three categories.

"The total amount of this grant scheme is 5 million euros but divided into three categories. In the first category we have a budget of two million euros that is dedicated to micro enterprises, up to nine employees and that can benefit from a maximum value of up to 40 thousand euros in grant. In the second category we have a budget of 2.5 million euros that is for small enterprises, with ten to 49 employees and can benefit from a maximum value of up to 30 thousand euros in grant. The third category has a slightly more modest budget, which is worth 500 thousand euros, is dedicated to medium-sized enterprises with 50 to 249 employees, they can benefit from 120 thousand euros", added Hajdari.

Hajdari emphasized that in 2021 the value of this grant was 500 thousand euros, while today it is 5 million euros.

Tags

Related articles

Greece, France Explore Stronger Business Ties
Greek Development Minister Takis Theodorikakos met Friday with a delegation from the French business network MEDEF, which included representatives from 17 major French companies.
EU Push for Investment to Cut Flight Delays
At the ACI Europe 2025 Annual Conference in Athens, Commissioner for Sustainable Transport and Tourism, Apostolos Tzitzikostas, called on EU Member States to urgently invest in new technologies and workforce recruitment to reduce flight delays and strengthen air transport resilience.
Moldova Eases Business Rules
The Moldovan government is taking steps to simplify business procedures by cutting red tape and reducing administrative burdens.
Bulgaria Urged to Tread Carefully Toward Euro Adoption
The Bulgarian government and National Bank should closely monitor the country's economic activity as it moves toward eurozone membership, according to a new report by the Bulgarian Council for Economic Analyses (CEA).
ESEE Warns of E-Commerce Imbalance
The President of the Hellenic Confederation of Commerce and Entrepreneurship (ESEE), Stavros Kafounis, highlighted growing concerns over unfair competition from Asian e-commerce giants TEMU and SHEIN during a press conference on Wednesday.
Greek-American Business Forum Highlights Growth
On Monday, members of the Hellenic American Chamber of Commerce gathered for a high-level forum focused on strengthening Greek-American business, investment, and trade relations amid shifting transatlantic dynamics.
Greece Reports €4.6B Budget Surplus
Greece recorded a primary budget surplus of €4.6 billion on a cash basis between January and May 2025, according to data from the Bank of Greece.
Romania to Host NATO Ammo Hub
During a visit to Dambovita County on Tuesday, Economy Minister Bogdan Ivan announced that Dragomirești will become home to NATO’s Ammunition Centre of Excellence for all of Europe.