Sunday, February 1, 2015

Russian embargo. Even 500 million in aid to companies – Money.pl

Russian embargo. Even 500 million in aid to companies – Money.pl

2015-02-01 10:18

 Russian embargo. Even 500 million in aid to companies

[Photo: PAP / Radek Parsley]

On Sunday, the amendment shall enter into force of the Law on support to companies affected by the Russian embargo.

The amendment provides that, in the years 2015-2016 will provide business support to enable them to protect jobs. It support the government has reserved 500 million – said Labour Minister Wladyslaw Kosiniak- Kamysz. He explained that the 250 million US Dollars will be sent this year and 250 million next year. The money will come from the Guaranteed Employee Benefits Fund.

The Minister pointed out that the threshold at which you will be able to apply for support, it is a 15 per cent drop in turnover in the three months after 6 August 2014. When compared to the same period a year earlier. He added that the new solutions will benefit businesses operating in the field of manufacturing, trade, transport, animal husbandry and services resulting from these activities. Will be able to apply for funding to maintain employment. It is the job protection is the main objective of the amendment to the Act – emphasized Minister Kosiniak- Kamysz.

Businesses will be able to apply for a job retention among others, through the introduction of an economic standstill. At that time, the employees miss work but receive a salary. It will be also possible to reduce the time employed and for funding. You will be also apply for finance training. In total, the amendment gives entrepreneurs the one hand, the time to find a new market and can change the profile of the company, on the other workers to adapt to the new challenges ahead of them will.

The ban on imports of fruit, vegetables, meat, poultry, fish milk and dairy products from the European Union, the USA Australia, Canada, Norway, Russia introduced on August 6 last year.

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