7. Significance of IT Sector
GDP Share
4.5 %
Number of employees
46 000
Gross added value
3 billion €
Average gross salary per month
1 705 €
Source: Statistical Office of the Slovak Republic, 2013
10. Vehicles, parts and accessories
Electrical machinery and equipment (TV sets)
Paper and paperboard
Articles of iron or steel
51,7%
702,8 mil.
14,7%
200 mil.
4,1%
56,4 mil.
11,2%
152,5 mil.
2,1%
29 mil.
Machinery and mechanical appliances
Top Slovak commodities
exported to the Netherlands
11. Machinery and mechanical appliances
Vehicles, parts and accessories
Plastics and articles
13,8%
80,5 mil.
11,6%
67,9 mil.
9,3%
54,5 mil.
10,1%
59,2 mil.
8,3%
48,7 mil.
Electrical machinery and equipment
Pharmaceutical and veterinary products
Top Dutch commodities
exported to Slovakia
12.
13.
14. Labor Costs
Eurostat, april 2014
currency - euro
an hour pay incl.
non-wage expences
monthly
expences
EU
eurozone
23,8
28,4
3696
Germany
Netherlands
31,3
33,2
Czech republic
Hungary
10,3
7,4
Slovakia
8,5
1344
15.
16.
17.
18.
19. Minimum Amounts of Investment
Unemployment
New machinery and equipment
Own equity
Large company
SME
Large
company
SME
Lower then average
10
5
60%
5
2,5
Higher then average
5
2,5
50%
2,5
1,25
At least by 50% higher
3
1,5
40%
1,5
0,75
20. Foreign Politics - 1993
Establishment of Slovakia as fully - fledged member of international community
Creation of Slovak diplomatic service and network of Embassies around the globe
Necessity to clarify bilateral relations with some neighbouring countries
Ambition to join NATO and EU affected by domestic political development
Lack of knowledge about Slovaks and Slovakia in abroad
Why to come to Slovakia
1 Strategic location with great
export potential
2 Political & economic stability
3 Fastest growing Eurozone
member in the last 10 years
4 Best Conditions for Doing
Business in CEE, 2004–2013
(World Bank)
5 CEE leader in labour
productivity (OECD)
6 Euro currency
7 Steadily growing
infrastructure network
8 High potential for R&D
9 Large selection of industrial
land & offices
10 Investment incentives