English

IRF invested more than €36m in Kotor

Since its establishment, the Investment and Development Fund (IRF) has financed projects worth €36.54m in total in the Kotor Municipality.

In 2015 and 2016, IRF financed projects totalling €20.2m in the area of ​​the municipality.

IRF held a seminar A Chance for Job in cooperation with the Employment Agency (ZZZ) and the Municipality of Kotor, in order to inform and support specific target groups to solve their everyday issues, open new jobs for themselves and other people and thus become economically independent.

The president of the Board of Directors of IRF, Zoran Vukcevic, pointed to the most favourable loan conditions of the financial institution. It offers interest-free loans for college students, technological surpluses and women in business – start up with a 12-year repayment period and a 4 year grace period.

 

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