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Cafés and Bistros to become Eligible for Investment Aid

On Wednesday 21 March 2018, at the opening ceremony of Springbreak Luxembourg, Luxembourg's Secretary of State for the Economy, Francine Closener, drew a resolutely positive assessment of the strengths and potential of gastronomy and hospitality in Luxembourg.

Stressing the importance for companies from the Horeca sector to invest in their establishments to meet the expectations of a demanding clientele in terms of quality of service, Secretary of State Closener announced that the investments made by cafes and bistros will be in the future and under certain conditions eligible for investment aid, as are investments by restaurant owners, hoteliers and other SMEs.

 

The draft law on investment aid for SMEs currently in the legislative process and the related regulations will open this new possibility.

 

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