Cimos Subsidiaries to Return Part of EU Funding

Koper, 31 July - Two subsidiaries of the Koper-based car parts maker Cimos, Sieva and Simit, will need to return a part of the money they have received from EU funds. EUR 3.5m was used to buy second-hand equipment, which is not eligible for co-funding from the EU, the economy ministry confirmed for Wednesday's edition of the daily Večer.