This year also for business incentives “nothing is created and nothing is
it destroys, but everything is transformed ”.

In order to encourage the relaunch of tourist accommodation, the Ministry
of Economic Development has reduced the threshold for access to the Contract of
Tourism Development from 20 to 7,5 million euros.

Also from this year, the Agro-industrial Development Contracts will be able to
relate to investment programs intended for creation,
restructuring and expansion of structures suitable for accommodation and
to the reception (hospitality services).

 For Development Contracts, the concessions are granted in the following
shapes, also in combination with each other:

* subsidized financing, within the limits of 75% of eligible expenses
* interest subsidy
* contribution to the plant account
* direct contribution to the expense

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