Top reasons to invest in Slovakia
(Map by SARIO)
Since 1993, Slovakia was one of the most sought investment destinations in the region. Hundreds of major investment projects from the USA, Asia (China, Taiwan, South Korea, Japan) and Europe (Germany, Austria, France, Italy) chose Slovakia as an appropriate destination, especially in the automotive, electrical and IT sector.
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Slovakia, as one of the fastest growing markets in the world offers investors a rare combination of reasons to invest in the country: |
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Safe investment’s environment: political and economic stability |
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Favorable geographic location in the heart of Europe with great export potential |
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The fastest growing member of the euro zone for the past 10 years (CAGR) |
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10 years of leadership in the region of Central Europe in a favorable business environment 2002-2013 |
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The leader of the region of Central Europe in the field of security of property rights |
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The leader of the region of Central Europe in labor productivity and the location in the top 10 countries with the most diligent workforce OECD |
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High adaptability of workers for various types of corporate culture and leadership |
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The ninth in the world in the field of adapting new technologies and high innovation potential. |
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The official currency euro as one of the few countries in Central Europe |
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Large supply of industrial space. |
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The continuous growth of the network infrastructure |
When considering every investment the key factor is the opportunity to implement and security of investment.
World Bank surveys show that Slovakia has achieved the best score in the security of property rights as well as in the ease of doing business among the countries of Central Europe.
Slovak workforce is known as educated, motivated, and adaptable to different types of management styles with good language skills and a positive attitude to work.
OECD ranked Slovakia in the top ten hardest working countries together with Mexico, the USA and Japan. Another advantage is that Slovakia is a leader in the region of Central Europe in the productivity of labor and freedom of investment.
Our People — Our Treasure
Slovakia has high level of students enrolled in universities in comparison to the other CEE countries. 16% of the whole population finished the university education and 77% of the total population attained the upper–secondary education.
Key Sectors
Slovakia prides itself on its industrial heritage which has provided a stable base for the development of certain sectors such as automobile or electronics. During the past couple of years, global corporations representing various industries have selected Slovakia as the top location for their expansion in the CEE region.
Research & Development
The government of the Slovak Republic set up as a high priority to attract and support the projects and investments which bring high added value, with special focus on R&D and innovation.
Real estate Sector
The Average property prices
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SALES PRICE ( Q4, 2014 ) |
RENT ( Q4, 2014 ) |
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Country |
Cyprus |
Slovakia |
Cyprus |
Slovakia |
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Office |
€ 347 599 |
€ 160 000 |
€ 1 286 |
€ 2 800 |
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Retail |
€ 356 957 |
€ 112 000 |
€ 1 564 |
€ 6 000 |
( source: Cyprus Real Estate Market Report 2015 by KPMG/ NBS.sk )
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An average office with city center location comprising 200m2 |
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The outline of a retail property consisting of 100m2 ground floor and 50m2 mezzanines |
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SUCCESS STORIES
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USA - US Steel, Emerson, DELL EMEA Centre of Excellence, Whirlpool, IBM International Services Centre, HP European IT Operation Centre, Johnson Controls R&D Centre, AT&T Shared Services Centre, Accenture Technology Solutions, Getrag Ford, Honeywell, Amazon |
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Brazil - Embraco |
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Germany - Siemens, Volkswagen, T-Systems, Continental Automotive Systems |
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United Kingdom - CP Holdings Ltd, KMF, Boxperfect, Amylum, Hi-Tech Mouldings, Tesco |
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France - PSA Peugeot-Citroën, Orange, Faurecia, Dalkia, Alcatel, Gaz de France, Cofely, Areva, Plastic Omnium, CCN Group, Bourbon, Senoble and Decathlon |
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Spain - Aluminium Cortizo, ESNASA, Plastics Alt Camp, Cikautxo |
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Austria - OMV, Mercedes-Benz, Schenker, Erste Group |
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Italy - Magneti Marelli, Brovedani, SISME, CAME, ZANINI |
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Switzerland - Swiss RE, Schindler, Holcim, Novartis |
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South Korea - Samsung, KIA Motors, Mobis, Hyundai |
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Taiwan - AU Optronics, ESON, Foxconn, Delta Electronics |
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Japan - Panasonic, Sanyo, Mitsui, U-shin, Siix,Sumitomo Wires, Brother Industries, Yamagata |
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China - Lenovo
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