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Why Slovakia
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
Slovakia / Netherlands Trade Exchange 
2008 
2009 
2010 
2011 
2012 
2013 
mil.EUR 
mil. EUR 
mil. EUR 
mil. EUR 
mil. EUR 
mil.EUR 
Export 
1502,49 
1171,48 
1405,89 
1358,97 
1418,50 
1496,8 
Import 
616,01 
416,06 
505,29 
585,13 
615,00 
654,5 
Balance 
886,48 
755,42 
900,60 
773,84 
803,50 
842,3
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
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
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
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
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
b2match.eu/exportforum2014/registration 
Contact persons 
Jana Jarošová Naďa Hladká 
T: +421 2 58 260 430 T: +421 2 58 260 321 
E: matchmaking@sario.sk
emb.hague@mzv.sk 
Facebook – Slovak Embassy, Netherlands
Thank you for your attention

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IT Sector GDP Share and Exports to Netherlands from Slovakia

  • 2.
  • 3.
  • 4.
  • 5.
  • 6.
  • 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
  • 8.
  • 9. Slovakia / Netherlands Trade Exchange 2008 2009 2010 2011 2012 2013 mil.EUR mil. EUR mil. EUR mil. EUR mil. EUR mil.EUR Export 1502,49 1171,48 1405,89 1358,97 1418,50 1496,8 Import 616,01 416,06 505,29 585,13 615,00 654,5 Balance 886,48 755,42 900,60 773,84 803,50 842,3
  • 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
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  • 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
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  • 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
  • 21. b2match.eu/exportforum2014/registration Contact persons Jana Jarošová Naďa Hladká T: +421 2 58 260 430 T: +421 2 58 260 321 E: matchmaking@sario.sk
  • 22. emb.hague@mzv.sk Facebook – Slovak Embassy, Netherlands
  • 23. Thank you for your attention