business opportunities in slovakia - wko.at · 2018-11-26 · ease of doing business rank 39 (2017)...
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Business opportunities in
Slovakia
23.10.2018
Piešťany
83
3
-9
06
97
0 -
15
26 40%
18
68
-
19
18
19
45
-
19
89
19
18
-1
93
8
19
45
-1
99
3
fro
m 2
00
4 i
n E
U
44 %
35%
189
19
18
–2
01
81
99
3 –
20
18
Total area: 49 035 km²
Population: 5 445 087
Membership in international organizations (World Economy Ties):
OSN, OECD, WTO, Visegrad Group, NATO, EÚ
Tax burden: Vallue added tax (VAT):
20% (10% on pharmaceuticals, medical aids e.i.)
Inter Annual Inflation: 0,1%; estimation for 2018: 0,4%
GDP growth: 3,4 %; estimation for 2018: 4,3%
Unemployment rate: 8,2 %; estim. for 2018: 7,5%
Ease of Doing Business Rank 39 (2017)
Rating of Slovakia:
Standard&Poor’sMoody’sFITCH
A+ = positive perspective (1.8.2015)A2 =stabile perspective (7.4.2017)A += stabile perspective (8.7.2008)
Results of Slovak economy and its regions have made Slovakia an attractiveplace for business. Big advantage is high educational level and ability to adjustflexibly to actual labour market requirements.
World Bank; cut off date: VI.2017
National Bank of Slovakia;cut off date: 1,2.2018
Statistical Office of Slovakia;cut off date: VI/.2018
Source: Statistical Office of the Slovak Republic; cut off: IX/2018
20,6
11,50
7,606,30 6,00 6,00 6,00
0
5
10
15
20
25
Germany Czech Poland France Italy Austria Hungary
[%]
Export from SR - territorial structure
16,80
10,50
5,40 4,903,30 3,20 3,00
0,00
5,00
10,00
15,00
20,00
Germany Czech Poland Hungary Italy France Austria
[%]
Import to SR - territorial structure
The following graph shows the information about the proportion of foreign language skills of the high school students (in %).
German; 55
English; 89,5
Italian; 0,2
Spain; 5,3
Russian; 13,3
French; 7,5
Large potential rests in the field in these industry fields:
• machine industry• military and defense• electrical engineering• healt and medical equipment• glass industry• clothes production and shoe manufacture
Support infrastructure• Section of producers of tools and machinery• Section of investments units• Section of clothes , shoes and rubber• Cooperation with Slovak Plastic Industry
Large potential rests in the field in these industry fields:
• machine industry• plastics• clothes production and shoe manufacture• tourism
Support infrastructure
• Regional Chamber of Commerce• Vocational education support• Honorary consulate of Switzerland
Plentiful thermal water in the Trenčianske Teplicespa has a beneficial effect especially for motionapparatus diseases and a treatment of neuroticproblems. Sulphuric warm springs are used directly,with no modification for a balneotherapy.
Bojnice spa is known for post-injury and post-surgerytreatment and for neurotic problems. Moderntherapeutical procedures are the novelty.
Aqua City Poprad is modern resort for wellness basedon natural mineral water springs in east pat of Slovakianearby Prešov..
Reflection of a unique historical and cultural heritage are well-preservedmajestic structures at the historical locations, old churches or mansions. Mostknown are Bojnice chateaux, Trenčín castle, largest castle in Central Europe -Spiš castl.
Trencin Regional Chamber ofSlovak Chamber of Commerce and IndustryJilemnického 2 ; 911 01 Trenčín; Slovak RepublicTel.: +421 32 652 38 34E-mail: [email protected]; http://tn.sopk.sk
Prešov Regional Chamber ofSlovak Chamber of Commerce and IndustryVajanského 10 ; 08001 Prešov; Slovak RepublicTel.: +421 51 7599952E-mail: [email protected]; http://po.sopk.sk