Slovakia, a place to do business
Slovakia – Growing Heart of Europe Strategic location  with  great export potential Source:  SARIO, 2010 <ul><li>Establish...
Member of the Eurozone <ul><li>€ </li></ul><ul><li>1st  January  2009 </li></ul><ul><li>Slovakia joined the EURO Zone </li...
Macroeconomic Overview GDP growth GDP Prediction for 2011 EC  3 % OECD 3 . 6% National Bank of SR  3 . 4 % IMF 4 . 5 % MF ...
2010: Highest GDP Growth   in the Eurozone   (in %)  Source: Eurostat , February 2011
Source: www.standardandpoors.   com , www.moodys.com ,  www.fitchratings.com ,  www.jcr.co.jp ,  www.r-i.co.jp ,  www.oecd...
Source: World Bank Group – Doing Business Report 20 1 1 Registering  property Paying taxes Enforcing contracts Protecting ...
Lower Labour Cost  & Higher Labour Productivity  7 69  € Slovakia 9 76  € 23  951  CZK Czech Republic 806  € 3  224 ,9 8  ...
Simple and Fair Taxes Corporate Income Tax Personal Income Tax  Value Added Tax - VAT Dividend tax  Inheritance and Gift T...
Top 5 Investors by Country ( SARIO  finalized projects) 1 3 5 2 4 Germany South  Korea Austria France Italy Source: SARIO ...
Major German  Companies in Slovakia SARIO helped  to realize  55 investment projects   in volume of 870 mil. EUR creating ...
Top 5  E xport  D estinations 20 % 9% 6% 13% 7% Germany Czech  R epublic France Poland Italy Source: SARIO ,  2010
TOP Sectors of Slovak Economy Automotive 1 st  in world car production in 2010 Electronics Leading Slovak Exporter – drive...
Key  S ector: Automotive Car  P roduction in Slovakia Source: SARIO 201 1 , Slovak Automotive Industry Association ZAP,VW,...
Key Sector: Electronics Source:  SARIO, 2010 <ul><li>Assembly of Bravia models for the European market doubled in 2008 to ...
Key Sector: ICT / SSC s   Over 48 SSCs & CCs … employing  > 25 800 +  professionals <ul><li>Unique  clustering of shared s...
Key Facts Why to Consider  Slovakia for R&D Source: Statistical Office of the Slovak Republic, 2011 <ul><li>Highly qualifi...
FDI and Technology Transfer <ul><li>No. 5 in t he extent of bringing new technology to host country </li></ul><ul><li>1 = ...
Success Story: Ultra light-weight  carbon fibre  C2i, s.r.o. Dunajská Streda <ul><li>Company is developing and manufacturi...
Material Research in Slovakia  <ul><li>T he most successful applied research institute within SAS </li></ul><ul><li>Alumin...
Developing Sector in Slovakia: Biotechnology The most biotechnology organizations and research institutions are located in...
More Success Stories:  Corporate R &D  Centres
Success Stories  & FDI  I nflow to Slovakia  Source: National Bank of Slovakia 2010,  SARIO, 2010 Country of Origin Invest...
Great Brands Gather in Slovakia Source: SARIO ,  2011
SARIO Who We Are government funded  organization  under the direction of the  Ministry of Economy of the Slovak Republic M...
SARI O Services <ul><li>From providing   </li></ul><ul><ul><li>General services & information to all subjects interested i...
ISA is an association of corporate entities and companies doing business in Slovakia Investment Support Association,  ISA ...
Golf opportunities  Beautiful mountains Aqua parks Wellness Small Country  of  Great Opportunities Source: SARIO ,  2010 S...
Thank you for your attention! <ul><li>For more information, you can contact us at: </li></ul><ul><li>Slovak Investment and...
Upcoming SlideShare
Loading in …5
×

Itvisit

1,470 views
1,403 views

Published on

Published in: Education, Travel, Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
1,470
On SlideShare
0
From Embeds
0
Number of Embeds
1
Actions
Shares
0
Downloads
6
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide
  • Slovakia, the country in the heart of Europe, offers great advantages to foreign investors: strategic location between East and West with great export potential. Ten years ago, Slovakia embarked on an ambitious plan of deep structural reforms with a vision to become one of the best business locations within the European Union (EU). Today, Slovakia is widely seen as a success model for other EU countries for creating an investment and business-friendly environment. Slovakia is a full member of the EU, NATO, OECD, Euro and Schengen Area. The EU membership provides Slovakia multiple benefits from a business point of view, of which the most important are:   Stable legal environment Nearly unlimited access to other markets within the EU 27 Lower costs of operations due to the liberalisation effort of the various markets and increases in competition (telecommunication, financial services, etc.) Less regulated migration of the work force Improvement of transport corridors – lower lead times and logistic costs Access to EU funds Intra-EU non-VAT trading Common currency – the euro.
  • Slovakia adopted the euro on 1 January 2009 and thus became the 16th member state of the Euro Area. It was thanks to the sustainable development and good inflation forecasts. The official exchange rate was 30.1260 SKK/EUR. Membership in the euro zone reduces the currency exchange risks and tightens the fiscal discipline of the adopting countries, which results in more opportunities for a stable economy. In the long run, this will be beneficial for the businesses active in Slovakia.
  • Until the global economic crisis, Slovakia was enjoying sustained high economic growth. In 2008 Slovakia had a GDP growth of 6.4%, which was the second highest in the European Union. Due to global economic crisis Slovakia’s GDP growth in 2009 was -4.7%. As expected, in 2010 Slovak economy recorded a 4% GDP growth, one of the highest in EU. The inflation (HICP) in Slovakia was kept at the low level of 0.9% in 2009 and 0.7% in 2010. In recent years the unemployment level has fallen considerably, thanks also to foreign direct investments, to 7.7% in 2008. However, because of the economic crisis, some companies were forced to discharge employees, thus total unemployment rose to 11.4% in 2009. Even though the Slovak economy experienced a significant growth in 2010, the unemployment continued to rise to 14.4%. This means that the availability of skilled and productive labour force has increased.
  • Slovakia is generally recognized as an open market economy, which is able and willing to pay its liabilities. Based on Standard and Poor’s ratings, Slovakia has become the leader of the Central European region. Slovakia has maintained its positive momentum and has the best ratings in the V4. This is a great advantage for foreign investors, as it means that Slovakia, Slovak banks and companies are in a strong financial position and are able, and willing, to repay their debts. In spite of the current situation, Slovakia is one of the few countries to maintain a stable/positive outlook, in which our ratings are not expected to change in the near future.
  • This ranking of the World Bank considers the quality and attractiveness of the business environment. Economies are ranked on their ease of doing business, from 1–183, with first place being the best. A high ranking on the ease of doing business index means that the regulatory environment is conducive to the operation of business. The rating factors are: political and institutional environment, macroeconomic stability, market potential, private entrepreneurship support, taxation system, finance, enforcing contracts, the starting and closing of a business, labour market and infrastructure.
  • The average monthly salary is still low compared to those paid in Western Europe. In 2010, the average gross wage was € 769 per month, excl. obligatory social security contributions. The minimum monthly wage in 2011 is € 317. Labour productivity is presented per hour worked. It is expressed as GDP per hour worked. It is intended to give a picture of the productivity of national economies shown in relation to the European Union (EU-15) average. Basic figures are manifested in Purchasing Power Standards (PPS), i.e. a common currency that eliminates the differences in price levels between countries allowing meaningful volume comparisons of GDP between countries. Labour productivity in Slovakia continuously rises. In comparison with the Czech Republic, Poland, Hungary, Romania and Bulgaria, Slovakia proves the highest long-term labour productivity also in 2009. Social security contributions in Slovakia cover all the contributions in which there are no extra or hidden costs for the employer. The employer has to pay the social security costs for his employee of 35.2% on top of his salary. The employee pays for himself the social security costs of 13.4%. The contributions in Slovakia are upwardly limited. Everything earned above the limit is not subject to social security payments.
  • Flat tax rate of 19% – Simple, Fair, Neutral and Effective – All the types and amounts of income are taxed at a flat rate of 19%; there is no double taxation and no dividend tax. A reduced 10% VAT was introduced for medicaments and books. Repatriation of profits is 100%. Please note, that VAT has been temporarily increased to 20% (until 2013).
  • This chart points out some of significant German player on the Slovak market, including companies operating in all sectors: automotive, ICT, electrotechnical, SSC, ….. SARIO has helped to carry out altogether 55 investment projects with investment level volume of cca. 870 mil. EUR that have potential to create 10 600-13 000 new jobs.
  • Slovak automotive industry is well diversified, with three different types of car producers surrounded by well established automotive sub-supplier networks, all of which are effectively interconnected. The sector produces various categories of cars as Volkswagen’s Hybrid Touareg, Porsche Cayenne, Peugeot 207, Kia Sportage and Ceed. Production of cars in Slovakia is continuously increasing . While in 2010 all 3 car producers produced almost 600 000 cars , predictions for 2011 forcast growth at 630 000 cars/ye ars and in 2012 Slovakia should manufacture 900 000 cars. Wolkswagen has recently announced that also the next new generation of small family car VW UP ! will be produced in Slovakia. The corporation is at the moment considering production of their first electric car E-UP! and Slovakia is still in the game. The development of the automotive industry in Slovakia and integration into the most important global automotive centres began in the early 1990s when German automotive company Volkswagen AG decided to construct a plant for car production near Bratislava. This important milestone helped to develop the Slovak economy after the end of markets of the former Council for Mutual Economic Assistance and the shutdown of armaments production in Slovakia. The creation of a supply chain started hand in hand with the arrival of Volkswagen in Slovakia, and thus further investments into the automotive industry rose in the supply sector. Slovakia had started a new path of development of industrial production, above all in the sectors of automotive and engineering. http://zilina.sme.sk/c/6058016/kia-spusti-buduci-rok-tretiu-zmenu-prijme-tisic-novych-ludi.html#ixzz1Y6lrBRBu Kórejská automobilka Kia Motors plánuje v prvom štvrťroku 2012 spustiť v závode pri Žiline tretiu zmenu . Zamestná tak tisíc nových pracovníkov . &amp;quot;Tisíc ľudí zamestnáme priamo a ďalšie tri až štyri tisícky budú potrebovať naši dodávatelia,&amp;quot; priblížil pre denník hovorca automobilky Dušan Dvořák.  Automobilka spustí koncom budúceho roka sériovú výrobu nového modelu . &amp;quot;Počas leta tohto roka pripravovala Kia Motors Slovakia svoje výrobné linky na produkciu nového modelu Kia Venga, ktorý nahradí Hyundai ix35,“ Kia vyrobila v prvom polroku tohto roka na Slovensku vyše 134.000 áut. V porovnaní s rovnakým obdobím minulého roka je to o štvrtinu viac.
  • Huge investments by global brands producing flat screen TVs and LCD modules such as Sony or Samsung have contributed to the development of area which is currently known as the Crystal Valley. Recently, another global player, Taiwanese corporation AU Optronics has officially launched its first production operation in Europe.
  • In recent years there has been strong interest of international companies in relocating and centralizing their business services to the CEE. The CEE is a popular location for companies that want to establish new Shared Services Centres, Call Centers or IT centers. The attractiveness of the region is based on a number of factors, like an available and skilled labor force, a broad knowledge of languages, geographic and cultural proximity to Western Europe, well-developed infrastructure and considerably lower wage costs in comparison with Western European or North American levels. This sphere is the sector that contributes the highest volume to the state treasury when taking into consideration the revenue from income &amp; corporate taxes. In addition to the traditional Slovak industries, recent new developments have been observed especially in the IT and related services. While the average monthly wage in the ICT sector exceeds EUR 1,500, it is not surprising that an ICT employee pays approximately two times higher taxes as an average employee in Slovakia. What actually can be surprising is that ICT sector employees levy cumulatively more social and health payments than people in the automotive industry. Even more interesting is the comparison of income from the taxes of corporate entities. The ICT sector enterprises paid by EUR 170 million more on income taxes in 2009, which is more than all the Slovak industry enterprises combined. And for the sake of interest, they paid 50 times more than all automotive sector production enterprises levied. The ICT sector, employing tens of thousands of people and with a significant share of social, health and tax payments, as well as the growth of productivity, is an important pillar of the economy.
  • 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&amp;D and innovation which are crucial for the development of the knowledge-based economy. Slovak R&amp;D network consists of tens of organizations and institutions which are working towards a common goal – to make Slovakia an interesting place on the world map of science and research. Slovak R&amp;D network is continually growing and it can offer potential investors an adequate support base and relevant partners when dealing with all kinds of investments. An example is the cooperation between Slovak universities and companies and partners which results in educational development programs for engineers and researchers. There are currently several projects running, e.g. the common study program - Professional MBA Automotive Industry, from the Slovak University of Technology in Bratislava in cooperation with Vienna University of Technology or the study programs with focus on IT run by the Technical University of Košice in cooperation with cluster IT Valley Košice. Another good illustration is Automotive Cluster - West Slovakia which is currently dealing with several international projects in cooperation with partners from EU countries and neighbouring clusters from Austria (Automotive Cluster Vienna Region), Czech Republic (Moravian Silesian Automotive Cluster) and Hungary (Hungarian Vehicle Engineering Cluster). These initiatives are based on international projects founded by EU programs.
  • Based on The Global Competitiveness Report 2010-2011 published by the World Economic Forum Slovakia is ranked worldwide as:  No. 5 in FDI and Technology Transfer  No.10 in Pay and Productivity  No.13 in Business Impact of Rules on FDI Slovakia to the First League Minerva 2.0 is the key government document which identifies an important set of criteria which are necessary for the implementation and building of the innovation eco-system in Slovakia. The main role of Minerva 2.0 is to ensure coordination between activities of the most important players in the process of building a knowledge economy. The Minerva 2.0 document focuses on the identification of the current issues of developing the Slovak knowledge economy and it offers a set of 26 solutions divided into 7 basic groups:  Education  Connection between research, development and education  Research and development  Connection between research and development and business support  Business support  Connection between business support and education  System weak spots
  • PREDSTAVITEL C2i BUDE SPEAKROM V DUSSELDORFE 19.9 c2i was started in 2006 and is a 100% Slovak company developing and manufacturing ultra light-weight carbon-fibre structures for the premium automotive, satellite communication, defense and electric car sectors. It combines advanced R&amp;D and engineering capabilities with low-cost manufacturing. One of its R&amp;D activities for new materials and technologies includes the development of a specialized carbonfiber online training platform with participants from leading automotive and aerospace OEMs such as Airbus, Eurocopter, FACC, Porsche, Audi, BMW, Bentley. c2i s.r.o.   Založené v roku 1995 Sídlo: Dunajská Streda Spoločnosť c2i sa špecializuje na navrhovanie, vývoj a výrobu inovačných komponentov z materiálov z uhlíkových kompozitov. Medzi ich klientov patria renomovaný výrobcovia pretekárskych vozidiel, lodí a armádneho príslušenstva. Výrobné haly majú plochu 7,000 m2.
  • Institute of Materials and Machine Mechanics of the Slovak Academy of Science in Bratislava is internationally recognized by the development of advanced metallic materials, such as metal matrix composites, intermetallics, metallic foams or nanostructured complex alloys for lightweight structural parts in machinery, automotive, aerospace, energy conversion or medicine. Thanks to unique technologies including gas pressure infiltration, directionally controlled melt solidification, metal foaming, rapid solidification, severe plastic deformation, isostatic compaction, plasma spraying or plasma zone melting it is possible to convert developed materials into complex shape full size prototypes, which can be tested under real loading conditions thus reducing the investment risk for the potential producer.
  • Since Slovakia’s declaration of independence in 1993, Slovakia has handled several hundred successful investment projects from various countries and in a wide range of industrial sectors. These investment projects have had a substantial impact on the economic growth of the country. The total volume of FDI inflow to Slovakia reached 26 645,06 million EUR by 31 December 2009. Taking into account Slovakia’s size, the level of influx of FDI is expected to assist in creation of a stable economic base in order to stimulate even stronger economic growth.
  • Aktualizované : 9/2010 Zdroj: prosím uviesť link
  • Itvisit

    1. 1. Slovakia, a place to do business
    2. 2. Slovakia – Growing Heart of Europe Strategic location with great export potential Source: SARIO, 2010 <ul><li>Establishment: 1st January 1993 </li></ul><ul><li>Official name: Slovak Republic </li></ul><ul><li>Area (km2): 49,035 </li></ul><ul><li>Population: 5,379,000 </li></ul><ul><li>Capital: Bratislava </li></ul><ul><li>Member of: OECD, WTO, NATO, EU, Schengen area </li></ul><ul><li>Official currency: EURO </li></ul><ul><li>Official Language: Slovak </li></ul><ul><li>Government: Parliamentary democracy </li></ul><ul><li>Election term: 4 years </li></ul><ul><li>Neighbours: Austria, Czech Republic, Hungary, Poland, Ukraine </li></ul><ul><li>Time zone : GMT + 1hour </li></ul>
    3. 3. Member of the Eurozone <ul><li>€ </li></ul><ul><li>1st January 2009 </li></ul><ul><li>Slovakia joined the EURO Zone </li></ul><ul><li>EURO IMPLEMENTATION IMPACT: </li></ul><ul><li>Limitation of Foreign Exchange Risk </li></ul><ul><li>Lowering Transaction Costs </li></ul><ul><li>Growth in Foreign Trade </li></ul><ul><li>Increase d F inancial S tability </li></ul>Source: SARIO, 2010
    4. 4. Macroeconomic Overview GDP growth GDP Prediction for 2011 EC 3 % OECD 3 . 6% National Bank of SR 3 . 4 % IMF 4 . 5 % MF SR 3 . 4 % GDP Prediction for 2012 OECD 4 .4 % Source: International Monetary Fund, Eurostat, Slovak Statistics Office, Central office of Labour, social affairs and family 2008 2009 2010 2011 1Q Real GDP growth 6 . 4% - 4 . 7% 4% 3.5% Labour productivity growth 3 . 8% 2 . 7 % 2.2% - HICP Inflation 4.6 % 0 . 9% 0.7% 3.4% Unemployment 7.7 % 1 1.4 % 14.4% 13 . 9% Average monthly gross salary (€) 723 744,5 769 746
    5. 5. 2010: Highest GDP Growth in the Eurozone (in %) Source: Eurostat , February 2011
    6. 6. Source: www.standardandpoors. com , www.moodys.com , www.fitchratings.com , www.jcr.co.jp , www.r-i.co.jp , www.oecd.org Ratings & Outlook COUNTRY RATINGS (Sovereign foreign currency ratings) SLOVAKIA CZECH REPUBLIC HUNGARY POLAND BULGARIA ROMANIA A+ positive A A- stable BBB- n egative A- stable BBB stable BB+ stable A1 stable A1 stable Baa 3 negative A2 Stable Baa3 positive Baa3 stable A+ stable A+ p ositive BBB - stabl e A- Stable BBB- negative BB+ stable A + stable A stable BBB+ negative A- Stable BBB stable BBB- stable A stable A stable BBB stable A - stable OECD Country risk 0 0 0 2 4 4
    7. 7. Source: World Bank Group – Doing Business Report 20 1 1 Registering property Paying taxes Enforcing contracts Protecting investors Closing business Construction permits Methodology The Doing Business project provides objective measures of business regulations and their enforcement across 183 economies and selected cities at the subnational and regional level. Starting a business Trading across borders 1st Rank in CEE in DOING BUSINESS 201 1 ! Getting credit
    8. 8. Lower Labour Cost & Higher Labour Productivity 7 69 € Slovakia 9 76 € 23 951 CZK Czech Republic 806 € 3 224 ,9 8 PLN Poland 7 60 € 202 576 HUF Hungary Data for 20 10 Source: National Statistical offices of Czech R epublic, Hungary, Poland, Slovakia, Bulgaria, Romania exchange rate (as of 23 March 201 1 ) GDP (in PPS) per hour worked as compared to EU15 (100) Source: Eurostat 20 1 1 Gross monthly salary 472 € 1936 RON Romania 328 € 642 BGN Bulgaria Slovakia reaches the highest labor productivity
    9. 9. Simple and Fair Taxes Corporate Income Tax Personal Income Tax Value Added Tax - VAT Dividend tax Inheritance and Gift Tax Real Estate Transfer Tax R epatriation of profits 19% Flat Tax Rate Source: SARIO 2011 19% 0% 100% 20 %
    10. 10. Top 5 Investors by Country ( SARIO finalized projects) 1 3 5 2 4 Germany South Korea Austria France Italy Source: SARIO , 2010
    11. 11. Major German Companies in Slovakia SARIO helped to realize 55 investment projects in volume of 870 mil. EUR creating over 10 000 new jobs !
    12. 12. Top 5 E xport D estinations 20 % 9% 6% 13% 7% Germany Czech R epublic France Poland Italy Source: SARIO , 2010
    13. 13. TOP Sectors of Slovak Economy Automotive 1 st in world car production in 2010 Electronics Leading Slovak Exporter – driver of economic and technological growth SSC/ICT SR is becoming a hive of SSC and ICTs
    14. 14. Key S ector: Automotive Car P roduction in Slovakia Source: SARIO 201 1 , Slovak Automotive Industry Association ZAP,VW, KIA, PSA-Peugeot 1 st Place in 20 10 10 3 /1000 inhabitants in World Car Production/1000 inhabitants Full Capacity of 3 automobile companies 1,000,000 cars/year
    15. 15. Key Sector: Electronics Source: SARIO, 2010 <ul><li>Assembly of Bravia models for the European market doubled in 2008 to 4mil. </li></ul><ul><li>3D TV from April 2010 </li></ul><ul><li>Production of LCD 10 mil pcs. </li></ul><ul><li>Assembly of LCD </li></ul><ul><li>Logistic center </li></ul><ul><li>Europe service center </li></ul><ul><li>3D TV from February 2010 </li></ul><ul><li>Production of LCD moduls </li></ul><ul><li>Only 1 in Europe </li></ul><ul><li>Headquarter for Europe </li></ul><ul><li>3000 new jobs </li></ul><ul><li>Investment 191,3 mil Eur </li></ul>
    16. 16. Key Sector: ICT / SSC s Over 48 SSCs & CCs … employing > 25 800 + professionals <ul><li>Unique clustering of shared services and IT support creates a fast-paced, enthusiastic IT environment </li></ul><ul><li>Advanced wireless technologies – Flash-OFDM, WiMAX, HSDPA – covering large majority of the population </li></ul><ul><li>High population density and low deployment costs making development and experiments easier than ever </li></ul>
    17. 17. Key Facts Why to Consider Slovakia for R&D Source: Statistical Office of the Slovak Republic, 2011 <ul><li>Highly qualified human resources at affordable costs </li></ul><ul><li>Presence of production plant operation in high-tech and medium high-tech industries </li></ul><ul><li>Presence of foreign R&D centres and technology clusters </li></ul><ul><li>Broad domestic R&D and innovation network </li></ul><ul><li>Established cooperation between industries and domestic universities </li></ul><ul><li>R&D incentives </li></ul>„ The main reason why we decided to establish R&D in Slovakia is the fact that Slovakia is still considered to be a Best – Cost – Country; secondly, the region of Banska Bystrica we chose offers well educated and qualified young engineers and furthermore our plant in Zvolen is in the closet proximity to the Technical University of Zvolen“ Gerhard Baucke – Plant Manager, Continental Automotive Systems Slovakia
    18. 18. FDI and Technology Transfer <ul><li>No. 5 in t he extent of bringing new technology to host country </li></ul><ul><li>1 = not at all; 7 = FDI is a key source of new technology </li></ul>Source: The Global Competitiveness Report 2010-2011, World Economic Forum, 2010
    19. 19. Success Story: Ultra light-weight carbon fibre C2i, s.r.o. Dunajská Streda <ul><li>Company is developing and manufacturing ultra light-weight carbon-fibre structures from premium automotive, satellite communication, defense and electric cars sector </li></ul><ul><li>Complete service from design to prototype to series production of advanced composites components </li></ul><ul><li>Cooperation with Airbus, Eurocopetr, FACC, Porsche, Audi, BMW, Bentley. </li></ul>Source: www.c2i.sk
    20. 20. Material Research in Slovakia <ul><li>T he most successful applied research institute within SAS </li></ul><ul><li>Aluminium foam – the unique technology used through cooperation with Austrian company Alulight International GmbH in Ferrari, Audi and many other manufacturers.. </li></ul>Source: www.sav.sk
    21. 21. Developing Sector in Slovakia: Biotechnology The most biotechnology organizations and research institutions are located in Bratislava region. Three universities are active in the field of biotechnology and several Slovak Academy of Sciences institutes are doing research on biotechnology. Associations: Slovbiotech - Slovak Association for Industrial Biotechnology – www.slovbiotech.sk SAFS – Slovak Association of Research Based Pharmaceutical Companies – www.safs.sk
    22. 22. More Success Stories: Corporate R &D Centres
    23. 23. Success Stories & FDI I nflow to Slovakia Source: National Bank of Slovakia 2010, SARIO, 2010 Country of Origin Investor 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, Accenture Technology Solutions, Getrag Ford (Deutschland) China LENOVO Taiwan AU Optronics , ESON, Foxconn, Delta Electronics Germany Siemens, Volkswagen, T-Systems Japan Sony, Panasonic, Yazaki, Mitsui Sumitomo Korea Samsung, KIA Motors, Hyundai Mobis France PSA Peugeot Citroen , Alcatel R&D
    24. 24. Great Brands Gather in Slovakia Source: SARIO , 2011
    25. 25. SARIO Who We Are government funded organization under the direction of the Ministry of Economy of the Slovak Republic MISSION EXECUTED THROUGH 3 CORE SECTIONS Foreign Direct Investment s Foreign Trade Structural Funds of the EU
    26. 26. SARI O Services <ul><li>From providing </li></ul><ul><ul><li>General services & information to all subjects interested in FDI in Slovakia </li></ul></ul><ul><ul><li>Tailor-made solutions for potential investors exploring Slovakia such as Best Location for Your Investment/Expansions </li></ul></ul><ul><li>Through </li></ul><ul><ul><li>Assisting in applying for STATE AID for investments into: </li></ul></ul><ul><ul><ul><li>INDUSTRY </li></ul></ul></ul><ul><ul><ul><li>SHARED SERVICE CENTERS </li></ul></ul></ul><ul><ul><ul><li>R&D CENTERS </li></ul></ul></ul><ul><ul><ul><li>TOURISM </li></ul></ul></ul><ul><ul><li>Support foreign trade via match-making & subcontracting activities </li></ul></ul><ul><li>To </li></ul><ul><ul><li>AFTERCARE services - for established foreign companies </li></ul></ul>F ree of Charge Services
    27. 27. ISA is an association of corporate entities and companies doing business in Slovakia Investment Support Association, ISA ISA represents companies of all sectors operating in Slovakia, offering a wide range of professional services for investors  enabling smooth implementation of t heir investment objectives
    28. 28. Golf opportunities Beautiful mountains Aqua parks Wellness Small Country of Great Opportunities Source: SARIO , 2010 Spa resorts A place where history meets future Delicious Slovak Food Rafting Skiing opportunities Visit the mysterious caves Charming Castles
    29. 29. Thank you for your attention! <ul><li>For more information, you can contact us at: </li></ul><ul><li>Slovak Investment and Trade Development Agency </li></ul><ul><li>Address Martincekova 17 </li></ul><ul><li>821 01 Bratislava </li></ul><ul><li>Slovak Republic </li></ul><ul><li>Tel +421 2 58260 100 </li></ul><ul><li>Email [email_address] ; [email_address] </li></ul>

    ×