Over 2 Million EUR for Tillage and Vegetable Farming

By , 27 Jul 2019, 22:30 PM Business
Over 2 Million EUR for Tillage and Vegetable Farming Copyrights: Pixabay

Share this:

26 July 2019 - The Government of Montenegro has already allocated 1,23 million EUR of grants for 1.800 farmers from 21 municipalities for the development of tillage and vegetable farming, while the processing of requests for an additional 800.000 EUR is ongoing, said Deputy Prime Minister and Minister of Agriculture and Rural Development of Montenegro Milutin Simović presenting the results during a working visit to the city municipality Golubovci.

At the press conference, Minister of Agriculture and Rural Development Milutin Simović presented the results of agribusiness measures to support investments in vegetable farming and direct payments in plant production, as Ministry of Agriculture and Rural Development stated.

As a result of one of the measures – a public call for support to vegetable farming – a total of 384 agricultural producers from 14 municipalities were supported, who invested almost 1 million EUR and received non-refundable support of 415.000 EUR. Investments covered the purchase of seeds, seedlings, foils, while the support amounted to 40 to 50%. In Podgorica, 122 producers received 125.000 EUR, or 30% of the total amount of support.

Presenting the results of the second measure of support to tillage and vegetable farming, the Minister of Agriculture and Rural Development Milutin Simović emphasised that the support was provided for 1.413 beneficiaries from 21 Montenegrin municipalities in the amount of 815.000 EUR, and that support covers almost 5.000 hectares of crops.

Read more news about business in Montenegro at TMN's dedicated page.

Remax Property of the Week

Property of the week.png

Editorial

Interview of the week

Photo of the Week

Photo galleries and videos