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Slovenia oks 2.0 mln euro incentives for bus maker Tam-Durabus

Dec 17, 2014, 4:54:25 PMArticle by Valentina Dimitrievska
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December 17 (SeeNews) - Slovenia's government said on Wednesday it approved a decision to grant financial incentives of 2.0 million euro ($2.5 million) to local bus manufacturer Tam-Durabus.

Slovenia oks 2.0 mln euro incentives for bus maker Tam-Durabus

The funds will be aimed at developing electric buses and supporting traffic infrastructure in cities, the Slovenian government said in a statement.

The total value of the investment project is around 8.0 million euro and should be completed by June 30, 2017.

Maribor-based Tam-Durabus is majority owned by China Hi-Tech Group Corporation.

($=0.7976 euro)

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