15 million HRK of non-refundable assets granted from the European regional development fund

Our client S+B Systemtechnik d.o.o. is implementing the project for the construction and fitting of a commercial and production building, procurement of machines and equipment for the production of specific non-standard parts and technical circuits, trade fair attendance and additional training of employees.

The total project value is HRK 41,089,771.62 and the amount of HRK 14,979,899.90 is financed from the EU’s  European Regional Development Fund, by depositing the funds into the transaction account of the Company. The official opening of the newly built commercial and production building is planned for the end of 2020.

Our Moneo expert team has been cooperating with S+B Systemtechnik d.o.o. since 2016. We have applied for the mentioned project for the award of grants in accordance with the Investment Incentives Act and participated in the planning of investment financing.

We wish our client S + B Systemtechnik d.o.o. a lot of success in their future endeavours.

http://www.sb-systemtechnik.hr/eu_projekti/

HAMAG BICRO COVID-19 loan scheme with annual interest rate of 0.25 % – all applications approved in full amount

COVID-19 Working Capital loan scheme was activated within measures for helping the Croatian economy due to COVID-19 pandemic. We filed applications for our clients for this favourable loan and all our applications were approved in full amount (100 %). Thanks to their favourable conditions, these long-term loans with approved grace period for repayment of the principal aim to help clients to maintain their liquidity.

HBOR COVID-19 tourist loans with 0 % interest rate

For our clients in the field of tourism and hospitality industry, we have prepared complete loan applications to HBOR, with an annual interest rate ranging from 0 % and 1.25 %. The approved loans will be much-needed help to the sector which has been heavily hit by the coronavirus crisis.

Right to corporate tax reduction or exemption in the amount of 187 million HRK over a 10-year period

Over the last few years, pursuant to the Investment Incentives Act, we filed applications for our clients who were granted the right to a reduction of the corporate tax rate during 10 years of operations, in the amount of HRK 187,000,000 in subsidies.

In this case, as opposed to non-refundable EU funds, the money is not transferred to the company’s account, but the clients are granted the right to reduced payments of corporate tax, which they can use over the years. To what extent will the client exercise these rights will depend on whether or not they meet the requirements and maintain the certain business characteristics. The beneficiaries are production companies, tourist and catering industry, and providers of high value-added services.

Moneo team guides its clients from the initial idea to the realisation of investment, communicates with authorities and regularly files annual reports during the tax incentives use period. We shall continue to support our current and future clients in the realisation of their business successes and in the improvement of quality and competitiveness of Croatian economy through the programme for the use of tax incentives.

Reconstruction and fitting of hotel Central in the historical centre of the city of Split

The reconstruction project shall include the restaurant and city cafe Central on Pjaca in Split and the new facility will feature a 4-star hotel.

The designing and fitting of the hotel had to be handled with special care given the hotel’s cultural heritage and it had to be in line with all the requirements of the conservation department..

Opening of yet another high-category hotel, which is a mix of traditional and top-notch interior design, shall significantly improve the tourist offer of the city of Split.

Moneo assisted in closing the financial structure of the project, obtaining of HBOR ESIF funds for co-financing of the project and also in the project application in accordance with the Investment Incentives Act.

Moneo team wishes its client lots of success in the future.

New modern design of the business premises of the Estetic Smile polyclinic

Estetic Smile is a dental medicine polyclinic which specialises in the provision of services for enhancing your smile while ensuring your dental health. The skilful team of the Estetic Smile polyclinic consists of dental experts, doctors of dental medicine, specialists and assistants who provide all dental services. The practice is equipped with state-of-the-art CAD-CAM technology and RVG devices. The business was relocated to larger and newer business offices at the address Poljička cesta in Split.

Moneo participated in finance planning for the purchase and design of the business premises.

We wish all the success to Tina Delonga, DMD and her team.

Gumis d.o.o. to build a modern production plant in Solin-Dračevac

Gumis d.o.o. is a Croatian manufacturer of rubber and metal products. The production is mainly export-oriented. This is a successful family company which has initiated the project for building a modern business facility and the procurement of manufacturing equipment. This project will allow for increased production volume, product range expansion, modernisation and improvement of production process and employment of young experts.

This is our long-term client. Moneo participated in the planning of funding from subsidised sources and in the application for tax incentives in accordance with the Investment Incentives Act.

Both the completion of construction and relocation is expected by the end of 2020. We wish the company  a lot of  success in their future business endeavours.

Concession contract awarded to our client Krilo shipping company d.o.o.

National high-speed boat line no. 9601 ROGAČ (ŠOLTA ISLAND)- STOMORSKA (ŠOLTA ISLAND)-MILNA (BRAČ ISLAND)-SPLIT and vice versa will be maintained by the Krilo shipping company d.o.o., which was granted this right in a tender by the Agency for Coastal Lines and Maritime Traffic.

The company shall provide two return trips per day in its comfortable catamaran Naranča, measuring 34.6 m in length and with a capacity of 253 passengers. With this project, Mr Jure Naranča, the youngest member of the Naranča family from Krilo Jesenice, shall continue the family’s years- long tradition in seafaring.

Moneo d.o.o drafted and managed the entire application process for the concession contract tender.

We wish the young master Jure fair winds & following seas ahead.

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