G/SCM/N/284/MNE
22 May 2015
(15-2664)  Page: 1/17
Committee on Subsidies and Countervailing Measures  Original: English
 
 SUBSIDIES 
NEW AND FULL NOTIFICATION PURSUANT TO ARTICLE XVI:1 OF THE GATT 1994 
AND ARTICLE 25 OF THE AGREEMENT ON SUBSIDIES 
AND COUNTERVAILING MEASURES 
MONTENEGRO  
The following communication, dated 5 May 2015, is being circulated at the request of the 
Delegation of Montenegro. 
 
_______________ 
 
 
The following notification covers state aid provided  from the budget of Government of Montenegro 
in 2013 and 2014: 
 
The year 2013: 
 
I 
 1. Title of the subsidy programme 
 
Annual Activity Plan of the Investment and Deve lopment Fund (IDF) for 2013 – IDF's Medium-term 
Activity Programme, 2013 Annual Plan.  
2. Period covered by the notification 
 
2013. 
 
3. Policy objective and/or purpose of the subsidy 
 Achievement of the goals set in the Medium-term Activity Programme, for which activities were 
launched in the previous period. Defined products are expected to lead to identification of the 
specific loan and grant schemes for the following sectors: tourism and hospitality, agriculture and food production, manufacturing, service activities, as well as the models for supporting 
infrastructure development programmes (implementing entities: SMEs, local governments, public 
enterprises), commerce and energy efficiency projects.  
4. Background authority for the subsidy (including identification of the legislation under which 
it is granted) 
 
Legal basis: Law on Investment and Development Fund of Montenegro (Official Gazette of 
MNE 88/09 and 40/10), 2013 IDF' s Annual Work Pl an, IDF' s Medium-term Activity Programme. 
 State aid provider: Investment and Development Fund. 
 
5. Form of the subsidy 
 
The aid is granted in the forms of grant, guarantees and factoring. G/SCM/N/284/MNE 
 
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  6. To whom and how the subsidy is provided (to producers, exporters and others, through 
what mechanism, etc.) 
 
Beneficiaries of this state aid programme are: all organisational forms set out by the Law on 
Business Organisations, as well as the persons undertaking activity in the way established in the 
rules formulated for the activity they undertake (craftsmen etc.); entrepreneurs, micro, small and 
medium-sized enterprises, registered agricultural producers; commercial banks, for loans given to 
entrepreneurs and private small and medium-sized  enterprises – the newly established and the 
existing ones.  7. Subsidy per unit, or in cases where this is not possible, the total amount of the annual 
amount budgeted for that subsidy 
 Total funds allocated for this plan in 2013 amount to EUR 35.500.000,00. 
 
8. Duration of the subsidy and/or any time limits attached to it, including date of 
inception/commencement 
 One year.  9. Statistical data permitting an assessment of the trade effects of the subsidy 
 Not available.  
II 
 1. Title of the subsidy programme 
 2014 Annual Activity Plan of the JSC Investment and Development Fund of Montenegro (IDF)   2. Period covered by the notification 
 2013. The programme is implemented during 2014.  
3. Policy objective and/or purpose of the subsidy 
 
Starting from the Medium-term Activity Programme which determines directions of actions to be 
taken by the Investment and Development Fund over  the next four years, financial support will 
continue to be provided in 2014 by means of loans and factoring which are special incentives for the development of enterprises.  
4. Background authority for the subsidy (including identification of the legislation under which 
it is granted) 
 Law on Investment and Development Fund of Montenegro (Official Gazette of MNE 88/09 
and 40/10), IDF's Medium-term Activity Programme, 2014 IDF's Annual Activity Plan. 
 
State aid provider: IDF. 
 5. Form of the subsidy 
 
Loans under beneficial conditions. 
 6. To whom and how the subsidy is provided (to producers, exporters and others, through 
what mechanism, etc.) 
 Under the 2014 IDF's Plan, beneficiaries are: a ll organisational forms set out by the Law on 
Business Organisations, as well as the persons undertaking activity in the way established in the 
rules formulated for the activity they undertake (craftsmen etc.); entrepreneurs, micro, small and 
medium-sized enterprises, registered agricultural producers.  G/SCM/N/284/MNE 
 
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  7. Subsidy per unit, or in cases where this is not possible, the total amount of the annual 
amount budgeted for that subsidy 
 
Total funds allocated for this plan in 2014 amount to EUR 55.000.000,00. 
 
8. Duration of the subsidy and/or any time limits attached to it, including date of 
inception/commencement 
 The programme will be implemented during 2014.  9. Statistical data permitting an assessment of the trade effects of the subsidy 
 Not available.  
III  
 1. Title of the subsidy programme 
 Restructuring Plan for the Enterprise Montavar Metalac Ltd. Nikši ć. 
 2. Period covered by the notification 
 2013.   
3. Policy objective and/or purpose of the subsidy 
 
State aid is granted to this enterprise in order for it to survive in the market despite difficulties it 
faces, while it also ensures presence of the contractor with qualified staff and equipment in the 
state development and infrastructure projects.  4. Background authority for the subsidy (including identification of the legislation under which 
it is granted) 
 Legal basis: Restructuring Plan for the Enterprise Montavar Metalac Ltd. Nikši ć; Law amending the 
Budget Law of Montenegro (Official Gazette of MNE 53/19 and 49/10). 
 State aid provider: Ministry of Economy. 
 
5. Form of the subsidy 
 
- Guarantee for the long-term bank loan and deferred collection of outstanding payroll 
taxes and benefits, 
 
- Deferred collection of outstanding payroll taxes and benefits. 
 
6. To whom and how the subsidy is provided (to producers, exporters and others, through 
what mechanism, etc.) 
 Enterprise Montavar Metalac Ltd. Nikši ć. 
 7. Subsidy per unit, or in cases where this is not possible, the total amount of the annual 
amount budgeted for that subsidy 
 
- Issuance of guarantee by the Government of Montenegro for the long-term bank loan 
amounting to EUR 1,500,000.00. 
 
- Deferred collection of payroll taxes and benefits amounting to EUR 377,464.23. 
 
8. Duration of the subsidy and/or any time limits attached to it, including date of 
inception/commencement 
 
Until the end of the restructuring process. G/SCM/N/284/MNE 
 
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  9. Statistical data permitting an assessment of the trade effects of the subsidy 
 
Not available.   
IV 
 1. Title of the subsidy programme 
 Subsidised Youth Employment for Seasonal Jobs – 2013.  2. Period covered by the notification 
 2013.  
3. Policy objective and/or purpose of the subsidy 
 
The aims are to: increase employment of the young people up to 25 years of age; increase the 
share of domestic labour force in seasonal jobs taking into account increasingly pronounced 
seasonal nature of the Montenegrin economy (what is known as seasonal peaks during both, summer and winter, huge deficit of labour force during these periods); acquiring work experience by young people during and immediately after comp letion of education; provide salaries for young 
people in order to increase amount of the ho usehold budgets(tuition fees, textbooks, summer 
holiday, clothes), reducing work in grey economy.  
4. Background authority for the subsidy (including identification of the legislation under which 
it is granted) 
 Legal basis for stimulating employment in this way is set out in the Law on Employment and 
Exercise of the Right to Unemployment Insurance (Official Gazette of MNE 14/10) which lays down, as one of active employment policy measur es, the possibility to subsidise employment in 
order to increase the level of employment. Besides the Law, there is also the National Strategy for 
Employment and Human Resource Development 2012-2015. 
 State aid provider: Employment Office of Montenegro. 
 
5. Form of the subsidy 
 
Subsidising of employment - providing salari es for employees up to 25 years of age.  
 6. To whom and how the subsidy is provided (to producers, exporters and others, through 
what mechanism, etc.) 
 The right to receive subsidy under the project Subsidised Youth Employment for Seasonal Jobs - 2013 pertains to the employers that, during the programme's validity period, employ young 
people up to 25 years of age, and who have not been employed over the past six months. 
 7. Subsidy per unit, or in cases where this is not possible, the total amount of the annual 
amount budgeted for that subsidy 
 Funds allocated for implementation of this programme amount to EUR 250,000.  
8. Duration of the subsidy and/or any time limits attached to it, including date of 
inception/commencement 
 The programme will be implemented during the period May-September 2013, while youth 
employment stimulating covers the period 01 June 2013-30 September 2013.  
9. Statistical data permitting an assessment of the trade effects of the subsidy 
 
Not available.   
 G/SCM/N/284/MNE 
 
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  V 
 1. Title of the subsidy programme 
 
2013 Activity Programme for Stimulating Entrepreneurship in Podgorica. 
 2. Period covered by the notification 
 2013.  3. Policy objective and/or purpose of the subsidy 
 The aim of the programme is to promote entrepreneurship development in the capital city.  
4. Background authority for the subsidy (including identification of the legislation under which 
it is granted) 
 2013 Activity Programme for Stimulating Entrepreneurship, 2013 Programme for Measures to 
Stimulate Development of Agriculture and Rural Ar eas (agricultural budget), Decision on the 2013 
budget of the capital city - Po dgorica (Official Gazette of Montenegro – municipal regulations 
041/12), Decision on organisation and manner of oper ation of the capital city (Official Gazette of 
Montenegro – municipal regulations 19/13). 
 State aid provider: Capital City – Podgorica. 
 
5. Form of the subsidy 
 
Loan under beneficial conditions. 
 6. To whom and how the subsidy is provided (to producers, exporters and others, through 
what mechanism, etc.) 
 The right to the loan under this programme pertains to entrepreneurs and small businesses in the territory of the capital city – Podgorica. 
 
7. Subsidy per unit, or in cases where this is not possible, the total amount of the annual 
amount budgeted for that subsidy 
 EUR 10,000 were allocated in the budget of the capi tal city for implementation of this programme. 
 8. Duration of the subsidy and/or any time limits attached to it, including date of 
inception/commencement  
 Funds for this programme are earmarked in the 2013 budget of the capital city and they will be 
invested in 2013. 
 9. Statistical data permitting an assessment of the trade effects of the subsidy 
 Not available.   SUPPORT FOR FISHERY PRODUCTS 
 
I   
1. Title of the subsidy programme  
 
Support to development of marine fisheries and mariculture - Improvement of fishing fleet and 
mariculture sector. 
 2. Period covered by the notification 
 
2013 Year. G/SCM/N/284/MNE 
 
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  3. Policy objective and/or purpose of the subsidy 
 
Montenegro structural measure for improvement of fishing fleet and supporting of investments and inventions in mariculture sector as well as increasing of health and hygiene standards. 
The objectives of this measure are following: 
 - modernization of the professional fishing fleets for catching demersal species;  
- increasing professional fishing fleet for catching pelagic species; 
- improvement the safety standards of food in a small commercial fishing;  - increasing the competitiveness and efficiency of the mariculture sector; - improvement of quality and health safety of fishery and mariculture products. 
 
4. Background authority for the subsidy (including identification of the legislation under which 
it is granted) 
 The Ministry of Agriculture and Rural Development.  
5 Form of the subsidy 
 
Support for: improving the professional fishing fleet (equipment , reconstruction and renovation) 
for catching demersal and pelagic species; improv ing standards of food safety in a small-scale 
commercial fishing; implementation of experimental project and Association of Mariculture 
operators for the completion of Center for depuration and dispatch of bivalves.  
6. To whom and how the subsidy is provided (to producers, exporters and others, through 
what mechanism, etc.) 
 Co-financing principle. The subsidy is provided  to Professional fishermen, Association of 
Professional Fishermen, Association of Mariculture operators, Institute of Marine Biology.  7. Subsidy per unit, or in cases where this is not possible, the total amount of the annual 
amount budgeted for that subsidy 
 The annual amount budgeted for the subsidy is 120.000 EUR. 
 
8. Duration of the subsidy and/or any time limits attached to it, including date of 
inception/commencement  
 
One year.  9. Statistical data permitting an assessment of the trade effects of the subsidy  
 
Not available.  
II  
 1. Title of the subsidy programme  
 
Support to development of marine fisheries and mariculture - Sustainable management and preservation of resources of fish and other marine organisms.  
2. Period covered by the notification 
 
2013 Year. 
 
3. Policy objective and/or purpose of the subsidy 
 
Montenegro structural measure for improvement of fisheries and mariculture (better utilization of 
fishery resources).  G/SCM/N/284/MNE 
 
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  The objectives of this measure are following: 
 - Reliable assessment of available resources of fish and other marine organisms (demersal, pelagic fish, bivalve molluscs) with the capacity for setting the catch quotas; 
- Improvement of health safety of zones for growing mariculture products;  
- Reduction in number of illegal fishing activities at sea; - Maintenance and improvement of the Fishery In formation System and Vessel Monitoring System. 
 
4. Background authority for the subsidy (including identification of the legislation under which 
it is granted) 
 
The Ministry of Agriculture and Rural Development. 
 5. Form of the subsidy 
 Financial support is provided for scientific purpos es, improvement of Fisheries Information System 
FMC and implementation of the measures for control of fishing activities. 
 
6. To whom and how the subsidy is provided (to producers, exporters and others, through 
what mechanism, etc.)  
 
To institute for Marine Biology experts in information technology for scientific purposes, 
improvement of Fisheries Information System FMC and implementation of the measures for control of fishing activities 
 
7. Subsidy per unit, or in cases where this is not possible, the total amount of the annual 
amount budgeted for that subsidy  
 
The annual amount budgeted for the subsidy is 53.220 EUR.  8. Duration of the subsidy and/or any time limits attached to it, including date of 
inception/commencement  
 
One year.  
 
9. Statistical data permitting an assessment of the trade effects of the subsidy  
 
Not available. 
 III   
1. Title of the subsidy programme  
 
Support for development of freshwater fisheries. 
 
2. Period covered by the notification 
 
2013 Year. 
 3. Policy objective and/or purpose of the subsidy 
 
Montenegro structural measure for improvement of fresh water fisheries - the objectives of this 
measure are following:  
- Reliable estimation of available fish resources in  freshwater fishery waters, fishery master plan 
development, - Development of sport fishing tourism, 
- Strengthening of activities of sport fishermen clubs in protection of fishery waters and resources. G/SCM/N/284/MNE 
 
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4. Background authority for the subsidy (including identification of the legislation under which 
it is granted) 
 
The Ministry of Agriculture and Rural Development. 
 5. Form of the subsidy 
 Financial support is provided for fishery master plan of river Tara basin Contribution to restocking of fishery waters and for improvement of protection of fishery waters.  
6. To whom and how the subsidy is provided (to producers, exporters and others, through 
what mechanism, etc.)  
 
To Faculty of Mathematics and Science and sport fishing clubs for financing of activities mentioned 
in point 5.  
7. Subsidy per unit, or in cases where this is not possible, the total amount of the annual 
amount budgeted for that subsidy  
 
The annual amount budgeted for the subsidy is 40.000 EUR. 
 
8. Duration of the subsidy and/or any time limits attached to it, including date of 
inception/commencement  
 
One year.  
9. Statistical data permitting an assessment of the trade effects of the subsidy  
 
No effects on trade.  
The year 2014: 
 
I  
 
1. Title of the subsidy programme 
 
Programme for Incentivising Cluster Development in Montenegro by the end of 2016. 
 2. Period covered by the notification 
 
2014. 
 3. Policy objective and/or purpose of the subsidy 
 Enterprises from the coastal region, and especially  those from the central region, in the framework 
of clusters mapped in the Strategy for Cluster Development 2012-2016, increasingly showed their 
i n t e r e s t  t o  b e n e f i t  f r o m  t h i s  t y p e  o f  s u p p o r t  f r o m  t h e  s t a t e .  H a v i n g  i n  m i n d  g o o d  d e v e l o p m e n t  
performance of clusters in the processing industry of  the central region (particularly in industries of 
wine, milk and dairy products, meat), as well as the agricultural tourism and the possibility to increase their production capacities and leve l of employment, the existing Programme for 
Incentivising Cluster Development should be expand ed to cover the entire territory of Montenegro. 
 4. Background authority for the subsidy (including identification of the legislation under which 
it is granted) 
 Legal basis: Law on Regional Development, Art. 19 and 20 (Official Gazette of MNE 20/11 of 
15 April 2011, 26/11 of 30 May 2011), Decision on the map of regional powers, Regional 
Development Strategy of Montenegro 2010-2014, Strategy for Development of Small and Medium-
sized Enterprises 2011-2015, Strategy for Sustaina ble Economic Development of Montenegro by 
Establishing Clusters 2012-2016.  
 G/SCM/N/284/MNE 
 
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  State aid provider: Ministry of Economy. 
 5. Form of the subsidy 
 
Part of the costs of investment (project) will be reimbursed. 
 6. To whom and how the subsidy is provided (to producers, exporters and others, through 
what mechanism, etc.) 
 Beneficiaries are clusters, i.e. entrepreneurs, mi cro, small and medium-sized enterprises within 
clusters. 
 
7. Subsidy per unit, or in cases where this is not possible, the total amount of the annual 
amount budgeted for that subsidy 
 Funds available for implementation of th e programme by the end of 2016 amount to 
EUR 344,000.00. 
 
8. Duration of the subsidy and/or any time limits attached to it, including date of 
inception/commencement 
 
By the end of 2016. 
 9. Statistical data permitting an assessment of the trade effects of the subsidy 
 Not available.   
II  
 1. Title of the subsidy programme 
 
Programme for Boosting Regional and Local Competitiveness by Complying with International 
Standards on Business Operations 2014-2016.  
2. Period covered by the notification 
 
2014. 
 
3. Policy objective and/or purpose of the subsidy 
 The aim of this programme is to provide support to small and medium-sized enterprises 
(hereinafter: SMEs) and clusters made of small an d medium-sized enterprises, particularly in less 
developed municipalities of the northern region, in order for them to boost their competitiveness to a highest extent possible, particularly by complying with requirements of international standards 
on products and providing support for obtaining accreditation for compliance assessment. 
 4. Background authority for the subsidy (including identification of the legislation under which 
it is granted) 
 Legal basis: Law on Regional Development (Official Gazette of MNE 30/11), Programme for Boosting Regional and Local Competitiveness by Complying with International Standards on 
Business Operations 2014-2016, Regional Deve lopment Strategy of Montenegro 2010-2014, 
Strategy for Development of Small and Medium -sized Enterprises 2011-2015, Strategy for 
Sustainable Economic Development of Montenegro by Establishing Clusters 2012-2016, Strategy 
for Boosting Competitiveness at Micro Level 2011-2015, Guidelines on Development of Montenegro 
2013-2016.  
State aid provider: Ministry of Economy. 
 5. Form of the subsidy 
 
Reimbursing of eligible costs. G/SCM/N/284/MNE 
 
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6. To whom and how the subsidy is provided (to producers, exporters and others, through 
what mechanism, etc.) 
 
Beneficiaries are entrepreneurs, small and medium-s ized enterprises registered in accordance with 
the Law on Business Organisations (Official Gazette of RMNE 06/02) and Decree on more detailed criteria, requirements and manner of allocating state aid (Official Gazette of MNE 27/2010 
and 34/2011) (hereinafter: the Decree) which have been operating for at least one year and: 
which operate as 100% privately owned, are registered in the territory of Montenegro, have not incurred losses in operations during the last financial year and regularly pay for taxes and contributions. 
 
7. Subsidy per unit, or in cases where this is not possible, the total amount of the annual 
amount budgeted for that subsidy 
 Total funds allocated for implementation of the programme amount up to EUR 300,000 and EUR 25,000 in 2014. 
 
8. Duration of the subsidy and/or any time limits attached to it, including date of 
inception/commencement 
 
The programme will be implemented during the period 2014-2016. 
 9. Statistical data permitting an assessment of the trade effects of the subsidy 
 Not available.   
III 
 1. Title of the subsidy programme 
 
Subsidised Youth Employment for Seasonal Jobs – 2014.  
 2. Period covered by the notification 
 2014.  
3. Policy objective and/or purpose of the subsidy 
 
Implementation of this programme contributes to: in creasing the share of domestic labour force in 
seasonal jobs (25% more compared to the year before); reducing labour in the grey zone; 
increasing competences and work experience of the labour force which increases its overall 
employability. This is particularly relevant for young people since it is important for the young people to acquire work experience early and de velop work culture even during the education 
period. 
 4. Background authority for the subsidy (including identification of the legislation under which 
it is granted) 
 Legal basis: Law on Employment and Exercise of  the Right to Unemployment Insurance (Official 
Gazette of RMNE 14/10), National Strategy for Employment and Human Resource Development 
2012-2015. 
 State aid provider: Employment Office of Montenegro. 
 
5. Form of the subsidy 
 
Subsidising of employment - providing salari es for employees up to 25 years of age. 
 6. To whom and how the subsidy is provided (to producers, exporters and others, through 
what mechanism, etc.) 
 G/SCM/N/284/MNE 
 
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  The right to receive subsidy under the programme Subsidised Youth Employment for Seasonal 
Jobs – 2014 pertains to those employees who, during the programme's validity period, employ young people below 25 years of age who are Montenegrin nationals and who have not worked over the past six months.  
 
7. Subsidy per unit, or in cases where this is not possible, the total amount of the annual 
amount budgeted for that subsidy 
 Funds for implementation of this programme amo unt to EUR 300,000, i.e. EUR 80-100 per person 
are subsidised each month.  
8. Duration of the subsidy and/or any time limits attached to it, including date of 
inception/commencement 
 The programme is implemented during the period May-September, i.e. during the period 
1 June 2014 - 30 September 2014 or until available funds are spent.  
9. Statistical data permitting an assessment of the trade effects of the subsidy 
 
Not available.   
IV 
 1. Title of the subsidy programme 
 2014 Activity Programme for Stimulating Entrepreneurship.  
2. Period covered by the notification 
 
2014.  
3. Policy objective and/or purpose of the subsidy 
 
The aim of the programme is to promote entrepreneurship development in the capital city. 
 
4. Background authority for the subsidy (including identification of the legislation under which 
it is granted) 
 Legal basis for providing state aid: 2014 Activity Programme for Stimulating Entrepreneurship, Programme for Measures to Stimulate Development of Agriculture and Rural Areas (agricultural budget), Decision on the 2014 budget of the capital city – Podgorica (Official Gazette of 
Montenegro – municipal regulations 39/13); and Decision on organisation and manner of operation 
of the capital city (Official Gazette of Montenegro – municipal regulations 19/13). 
 
State aid provider: Capital City – Podgorica. 
 5. Form of the subsidy 
 Loans.  6. To whom and how the subsidy is provided (to producers, exporters and others, through 
what mechanism, etc.) 
 The right to take out the loan under this programme pertains to entrepreneurs and small 
enterprises in the territory of the municipality of Podgorica. 
 7. Subsidy per unit, or in cases where this is not possible, the total amount of the annual 
amount budgeted for that subsidy 
 In total, EUR 10,000 were allocated in the budget for implementation of this programme.  G/SCM/N/284/MNE 
 
- 12 - 
 
  8. Duration of the subsidy and/or any time limits attached to it, including date of 
inception/commencement 
 
One year. 
 
9. Statistical data permitting an assessment of the trade effects of the subsidy 
 
Not available.  
 V  
1. Title of the subsidy programme 
 
Investment Plan for Development of th e Brown Coal Mines Ltd. Podgorica.  
 
2. Period covered by the notification 
 
2014. 
 3. Policy objective and/or purpose of the subsidy 
 
The initiative to provide state aid emerged in order to make an investment which would ensure 
restoration of the Brown Coal Mine. This investment is planned to be made during the period 2015-2017, while funds necessary for the investment amount to EUR 3,192,250.00. 
 
4. Background authority for the subsidy (including identification of the legislation under which 
it is granted) 
 Legal basis: Law on Budget and Fiscal Accountabil ity, Article 12 (Official Gazette of MNE 20/14); 
Decree on the requirements for deferred collection of tax and non-tax claims, Article 12 paragraph 1 sub-paragraph 6 (Official Gazette of MNE 67/09, 23/10, 62/10 and 53/13), 
Investment Plan for Development of the Brown Coal Mine Berane (amended – October 2014). 
 State aid provider: Ministry of Economy. 
 
5. Form of the subsidy 
 
Debt rescheduling. 
 6. To whom and how the subsidy is provided (to producers, exporters and others, through 
what mechanism, etc.) 
 The enterprise Brown Coal Mines from Podgorica.  
7. Subsidy per unit, or in cases where this is not possible, the total amount of the annual 
amount budgeted for that subsidy 
 State aid allocated for stimulating regional development includes: writing-off the current 
concession debt amounting to EUR 285,784.34; rescheduling the debt for taxes and contributes owed to the Pension and Disability Insurance Fund amounting to EUR 137,852.55 by means of 
state aid; assuming the remaining debt for ta xes and contributions amounting to EUR 125,621.55 
by the state; and aid regarding social welfare for current employees; share of the state in this 
programme amounts to EUR 20,059.88 (10% of the social welfare programme).  
8. Duration of the subsidy and/or any time limits attached to it, including date of 
inception/commencement 
 The programme is implemented during the period 2015-2017. 
 9. Statistical data permitting an assessment of the trade effects of the subsidy 
 
Not available. G/SCM/N/284/MNE 
 
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VI  1. Title of the subsidy programme 
 2015 Annual Activity Plan for the Investment and Development Fund of Montenegro JSC. 
 
2. Period covered by the notification 
 
2014.  
3. Policy objective and/or purpose of the subsidy 
 
Aims: entrepreneurship development – stimulating employment (support to the special target 
groups: start-up companies, young people in bu siness, women in business, students); boosting 
competitiveness of entrepreneurs and SMEs; suppor t to the establishment of commodity producers 
in agriculture; improving support to tourism development; equitable regional development across 
Montenegro; launching new SMEs cycle; strengthening the existing capacities – maintaining and 
improving liquidity; development of infrastructure  projects (only those serving business purposes). 
 4. Background authority for the subsidy (including identification of the legislation under which 
it is granted) 
 Legal basis: Law on Investment and Development Fund of Montenegro (Official Gazette of 
MNE 88/09 and 40/10); IDF' s Medium-term Activity Programme; 2015 IDF's Annual Activity Plan. 
 State aid provider: Investment and Development Fund. 
 
5. Form of the subsidy 
 Loans under beneficial conditions.  
 
6. To whom and how the subsidy is provided (to producers, exporters and others, through 
what mechanism, etc.) 
 Beneficiaries eligible under the 2015 IDF's Plan are entrepreneurs, micro, small and medium-sized enterprises and large companies. 
 
7. Subsidy per unit, or in cases where this is not possible, the total amount of the annual 
amount budgeted for that subsidy 
 
Total funds allocated for this plan in 2015 amount to EUR 80,000,000.00, of which 
EUR 45,000,000.00 are loans and EUR 35,000,00.00 are factoring potential.  
8. Duration of the subsidy and/or any time limits attached to it, including date of 
inception/commencement 
 The programme is implemented in 2015 – one year. 
 9. Statistical data permitting an assessment of the trade effects of the subsidy 
 
Not available.  
 SUPPORT FOR FISHERIES PRODUCTS 
 
I  
1. Title of the subsidy programme 
 
Support to development of marine fisheries an d mariculture - Improvement of fishing fleet  
 
2. Period covered by the notification G/SCM/N/284/MNE 
 
- 14 - 
 
   
2014 Year  3. Policy objective and/or purpose of the subsidy 
 Montenegro structural measure for improvement of fishing fleet through achieving the next objectives: 
 
- creation conditions for anchoring of boats, landing, storage and supply of vessels in ports;  - adjustment of mesh size of sack at trawl aimi ng at sustainable management and preservation of 
fish resources and environment protection; 
- increasing of professional fishing fleet in catching the pelagic fish species;  
- Improving the efficiency of catching and techniques in small-scale commercial fishing; - modernization of existing vessels in a small-scale commercial fishing;  
- marking of fishing post. 
 4. Background authority for the subsidy (including identification of the legislation under which 
it is granted) 
 The Ministry of Agriculture and Rural Development  
5. Form of the subsidy 
 
Support for: creating conditions for anchoring boats, unloading, storage and supply of vessels in 
ports, adjustment of mesh size of the sack at the trawl, increasing of professional fishing fleet for 
catching of pelagic fish species, modernization of existing fishing vessels in a small-scale commercial fishing, improving and creating the conditions for unloading, storage, distribution, 
processing, packaging of fish and other marine orga nisms as well as the marking of fishing posts. 
 6. To whom and how the subsidy is provided (to producers, exporters and others, through 
what mechanism, etc.) 
 Co-financing principle. Association of professional fishermen in a small-scale commercial fishing, association of 
professional fishermen in a large commercial fishing, companies and entrepreneurs registered in 
the Register of professional fishermen and licensed for commercial fishing.  
7. Subsidy per unit, or in cases where this is not possible, the total amount of the annual 
amount budgeted for that subsidy 
 
The annual amount budgeted for the subsidy is 125.000 EUR 
 
8. Duration of the subsidy and/or any time limits attached to it, including date of 
inception/commencement 
 One year.  
9. Statistical data permitting an assessment of the trade effects of the subsidy 
 
No effects on trade.  
II 
 1. Title of the subsidy programme 
 Support to development of marine fisheries and mariculture - Measure for improvement of aquaculture sector. 
 
2. Period covered by the notification 
 2014 Year. 
 G/SCM/N/284/MNE 
 
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  3. Policy objective and/or purpose of the subsidy 
 
Montenegro structural measures for improvement of aquaculture sector trough supporting of producing and sale investments. 
The objectives of this measure are following: 
 - Improving the quality and health a ccuracy of the mariculture products; 
- Improving the competitiveness and efficiency of the mariculture sector 
 4. Background authority for the subsidy (including identification of the legislation under which 
it is granted) 
 The Ministry of Agriculture and Rural Development.  
5. Form of the subsidy 
 
Support for improvement of the competitivene ss and efficiency of the aquaculture sector 
(reconstruction of farms, construction / reconstructi on of facilities for food storage or storage of 
equipment and purchase equipment for: automating  of the growing process, improvement of the 
hygiene in terms of food safety, placement of gr owing product on the market etc.), as well as 
participation in the cost of completing the Centre depuration and dispatch of bivalves. 
 
6. To whom and how the subsidy is provided (to producers, exporters and others, through 
what mechanism, etc.) 
 Co – financing. The subsidy is provided to the Association of mariculturers MAREFARM and 
companies and entrepreneurs that have licenses for mariculture. 
 
7. Subsidy per unit, or in cases where this is not possible, the total amount of the annual 
amount budgeted for that subsidy 
 
The annual amount budgeted for the subsidy is 35.000 EUR. 
 8. Duration of the subsidy and/or any time limits attached to it, including date of 
inception/commencement 
 One year. 
 
9. Statistical data permitting an assessment of the trade effects of the subsidy 
 No effects on trade. 
 
III  
1. Title of the subsidy programme 
 
Support to development of marine fisheries and mariculture - Sustainable management and 
preservation of resources of fish and other marine organisms. 
 2. Period covered by the notification 
 
2014 Year.  
 3. Policy objective and/or purpose of the subsidy 
 Montenegro structural measure for improvement of  fisheries and mariculture (beterutilisation of 
fishery resources). The objectives of this measure are following: 
 
- Reliable assessment of available resources of fish and other marine organisms (demersal, pelagic fish, bivalve molluscs) with the capacity for setting the catch quotas; - Fishery sea safe zones, in terms of health, for farming mariculture products;  
- Reduction in number of illegal fishing activities at sea; G/SCM/N/284/MNE 
 
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  - Maintenance and improvement of the Fishery In formation System and Vessel Monitoring System. 
 4. Background authority for the subsidy (including identification of the legislation under which 
it is granted) 
 The Ministry of Agriculture and Rural Development.  
5. Form of the subsidy 
 
Financial support is provided for scientific purpos es, improvement of Fisheries Information System 
FMC and implementation of the measures for control of fishing activities. 
 
6. To whom and how the subsidy is provided (to producers, exporters and others, through 
what mechanism, etc.) 
 To Institute for Marine Biology - experts in information technology and satellite and mobile service providers for financing of activities mentioned in point 5. 
 
7. Subsidy per unit, or in cases where this is not possible, the total amount of the annual 
amount budgeted for that subsidy 
 
The annual amount budgeted for the subsidy is 57.020EUR 
 8. Duration of the subsidy and/or any time limits attached to it, including date of 
inception/commencement  
 
One year.  
 
9. Statistical data permitting an assessment of the trade effects of the subsidy 
 No effects on trade. 
 
IV  
1. Title of the subsidy programme 
 
Support for development of freshwater fisheries. 
 
2. Period covered by the notification 
 2014 Year. 
 
3. Policy objective and/or purpose of the subsidy 
 
Montenegro structural measure for improvement of fresh water fisheries The objectives of this 
measure are following:  
- Reliable estimation of available fish resources in  freshwater fishery waters, fishery master plan 
made;  - Development of sport fishing tourism; - Strengthening of activities of sport fishermen clubs in protection of fishery waters and resources. 
 
4. Background authority for the subsidy (including identification of the legislation under which 
it is granted) 
 The Ministry of Agriculture and Rural Development.  
5. Form of the subsidy 
 
Support is provided for fishery master plan of the river Tara and contribution to restocking of fishery waters. 
 G/SCM/N/284/MNE 
 
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  6. To whom and how the subsidy is provided (to producers, exporters and others, through 
what mechanism, etc.)  
 
To Faculty of Natural Science and sport fishing clubs for financing of activities mentioned in 
point 5. 
 7. Subsidy per unit, or in cases where this is not possible, the total amount of the annual 
amount budgeted for that subsidy  
 
The annual amount budgeted for the subsidy is 33.000 EUR.  
8. Duration of the subsidy and/or any time limits attached to it, including date of 
inception/commencement 
 One year.  
 9. Statistical data permitting an assessment of the trade effects of the subsidy 
 No effects on trade.  
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