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LuLa

10/03/23 11:43 AM

#30721 RE: Semperfiguy #30720

"Who is behind the company to which Serbia gives 14 million dollars in subsidies"
According to the contract from 2022, confirmed in April 2023, ILUS should receive subsidies from the Government of the Republic of Serbia in the amount of 14 million dollars.
I already wrote that the Serbian government gives subsidies to foreign companies, but I didn't know how much ILUS got. Now we know that too - $14 million.

https://rs.bloombergadria.com/biznis/investicije/27697/ilus-dobija-14-miliona-dolara-od-srbije-za-dve-investicije/news






This is the text of "Bloomberg Adria" from April 24, 2023, and two days later ILUS published a statement:
https://www.globenewswire.com/news-release/2023/04/26/2655522/0/en/ILUS-Confirms-New-First-Phase-Deal-for-ILUS-EV-Technologies-in-Serbia.html