medium enterprises

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Germany and EU support Serbian MSMEs with €10 million loan program

The German Development Bank (KfW) has signed an agreement with the Serbian Entrepreneurship Foundation (SEF) for a €10.13 million loan aimed at supporting micro, small and medium-sized enterprises (MSMEs) in Serbia. The funds for this program are provided by the EU, and the loans will be available to the MSME sector through commercial banks, with SEF offering the necessary guarantee mechanism. “The goal of the program is to support manufacturing companies, businesses in rural areas, and startups by providing adequate…

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