Foreign investors in Slovakia are optimistic again

Friday, 01. April 2011
Bratislava

 

Foreign investors in Slovakia are leaving the crisis behind. According to the poll organized by foreign chambers of commerce in Slovakia among 166 European companies, its participants expect better business. 39% of addressed companies will accept new employees.

 

 

Almost two thirds of polled subjects expect the economic situation is Slovakia will improve already this year and the same is true for their expectations for their own company. About 40% companies want more invest to their operations and increase number of employees and about 60% of foreign investors plan to increase salary expenditures in their companies. According to this poll about 68% of companies expect to increase their turnover this year and only about 11% count with its possible decrease.

 

 

The polled investors answered that Slovakia is characterized mainly by its membership in the EU, labor force willing to work at relatively low cost and calculated tax system. In the comparison with other countries of CEE, the Slovak Republic is the most attractive investment location, just as during previous years. Clear majority of foreign companies (83%) would again bring their investment to Slovakia.

 

 

Details of the poll

 

Time:February/March 2011

Number of participants:166 companies in the SR

Participation according to sectors: industry (44,6%), retail (27,7%), services (45,8%)

Poll organizers:

French - Slovak Chamber of Commerce, Netherlands Chamber of Commerce in the Slovak Republic , The Embassy of Austria  – Commercial Counselor,Slovak-German Chamber of Industry and Commerce, Swedish Chamber of Commerce in the Slovak Republic, Austrian - Slovak Chamber of Commerce,  Italian-Slovak Chamber of Commerce

 

More information:

https://www.dsihk.sk/index.php?id=9943&L=77

Slovak-German Chamber of Industry and Commerce

Markus Halt, E-Mail: halt@dsihk.sk, Tel.: +421 2 2065 5533

 

 

Similar poll among companies, small and medium size enterprises, was organized by the American Chamber of Commerce in the SR (AmCham) during the period of August – November 2010. The aim of this project was to find out which steps should the government take to improve business environment for small and medium sized enterprises.

The outcome of the AmCham poll in which 115 companies took place identified the limitations and show the positive factors.

 

 

More on the AmCham poll results you will find at: https://amcham.sk/Docs/sme_survey2010_brochure_svk.pdf