Slovakia is an ideal investment destination mainly because of its political & economic stability strengthened by the common European currency Euro, competitive taxation system tax, availability of highly skilled and educated workforce offering the highest labour productivity in the CEE region with favourable labour costs.
Infrastructure that is growing steadily, large selection of industrial land and offices available for purchase or lease, harmonised investment incentives and high innovation potential for R&D projects are further assets of the country. Last but not least, the country has a favourable location in the heart of the Europe, between East and West, and between Poland, Hungary, Austria and the Czech Republic.
Slovakia, the country in the heart of Europe, offers great advantages to foreign investors: strategic location between East and West with great export potential, the common European currency Euro and eight lowest debt of GDP in the EU27. In 2010 Slovak economy recorded a 4% GDP growth, one of the highest in EU. By the end of 2011, the GDP growth fell to 3.3%, but with the positive outlook for 2012. The European Commission forecast expects Slovak economy to grow by 2,6% in 2012 and reach the highest GDP growth in Eurozone. In 2011 the inflation reached 3.9%.
The country enjoys positive ratings from international rating companies and gained the best position among the CEE countries in World Bank’s Doing Business Report 2008 - 2013.
Current best investment opportunities are observed in sectors R&D, Design & Innovation, Technology centres, ICT & SW development, BPO - Regional headquarters, High-tech sectors and Tourism centres. Additional opportunities can be found in the traditionally strong sectors with the growth potential found in Slovakia: Machinery & Precision engineering, Automotive, Metallurgy & Metal processing, Electronics and Chemistry & Pharmacy.
The attraction of Slovak investment environment is proved by constantly raising number of foreign investors and volume of foreign direct investment in the country. The major investors in Slovakia are:
|
Country of Origin |
Investor |
|---|---|
|
USA |
US Steel, Emerson, DELL EMEA Centre of Excellence, Whirlpool, |
|
Germany |
Siemens, Volkswagen, T-Systems, Deutsche Telekom |
|
Japan |
Yazaki, Sumitomo, Panasonic, Sony |
|
Korea |
Samsung, KIA Motors, Hyundai Mobis |
|
France |
PSA Peugeot Citroen, Alcatel R&D |
|
Spain |
SOITRON |
If you consider investing in Slovakia, SARIO will gladly provide you the assistance. We offer comprehensive consultancy services and up-to-date information regarding the investment environment in Slovakia. Our scope of activities includes: