Eurofound's EU PolicyWatch collates information on the responses of government and social partners to the COVID-19 crisis, the war in Ukraine, rising inflation, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.
Factsheet for measure SI-2023-15/3232 – measures in Slovenia
Country | Slovenia , applies nationwide |
Time period | Temporary, 13 April 2023 – 31 December 2023 |
Context | War in Ukraine |
Type | Other initiatives or policies |
Category |
Supporting businesses to stay afloat
– Access to finance |
Author | Maja Breznik (University of Ljubljana) and Eurofound |
Measure added | 08 June 2023 (updated 13 June 2023) |
In response to the energy crisis caused by the war in Ukraine, The Slovenian Export and Development Bank (SID bank) has implemented a measure that offers credits to companies. The measure aims to provide access to loans at interest rates below market rates for companies to invest in working capital and technology. Companies can receive loans on favourable terms for investments in Slovenia. The call for applications has been open since 13 April 2023. The measure was created in accordance with the Act on Aid to the Economy to Mitigate the Effects of the Energy Crisis .
This measure targets companies that have been affected by the energy crisis caused by the war in Ukraine. Companies enduring supply chain disruptions, outstanding payments from Russia or Ukraine, cyber-attack risks, cost increases, and lower supply of semi-products, raw materials or energy are eligible.
The loan scheme is open to businesses that are at least two years old and have two or more employees. The minimum amount of financing provided is €100,000 per company. The maximum amount of financing is 85% of the value of investments. The credit period for the loan is 2 to 12 years. The final maturity of the credits cannot exceed past 24 December 2036.
The total funds for this measure is €50 million.
No Information available.
Workers | Businesses | Citizens |
---|---|---|
Does not apply to workers | Applies to all businesses | Does not apply to citizens |
Actors | Funding |
---|---|
National government
|
European Funds
National funds |
Social partners' role in designing the measure and form of involvement:
Trade unions | Employers' organisations | |
---|---|---|
Role | Unknown | Unknown |
Form | Not applicable | Not applicable |
Social partners' role in the implementation, monitoring and assessment phase:
No information available.
No information available
Citation
Eurofound (2023), Loans for companies affected by the war in Ukraine , measure SI-2023-15/3232 (measures in Slovenia), EU PolicyWatch, Dublin, https://static.eurofound.europa.eu/covid19db/cases/SI-2023-15_3232.html
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