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Slovak Elections & FDI / Taxes, Energy
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Home » Business » Doing business in Slovakia » Investment info & resources

Investment info & resources

Slovakia is an ideal investment destination mainly because of its political & economic stability strengthened by the common European currency Euro, simple and fair taxation system incl. 19% flat tax rate and 0% dividend tax, availability of highly skilled and educated workforce offering the highest labour productivity in the CEE region with favourable labour costs and flexible Labour Code.

Infrastructure that is growing steadily, large selection of industrial land and offices available for purchase or lease, harmonised investment incentives and high innovation potential for R&D projects are further assets of the country. Last but not least, the country has a favourable location in the heart of the Europe, between East and West, and between Poland, Hungary, Austria and the Czech Republic.

The country’s high and fast economic development serves to explain its having the highest GDP growth in the European Union in 2007 and the second highest in 2008. Because of the world economic crisis the GDP growth in 2009 was negative, but still Slovakia managed to maintain one of the best GDP growths in 2010 in the EU. In 2011 Slovakia is expected to have the GDP growth in positive numbers again.

The country enjoys positive ratings from international rating companies and gained the best position among the CEE countries in World Bank’s Doing Business Report 2008, 2009, 2010 and 2011.

Current best investment opportunities are observed in sectors R&D, Design & Innovation, Technology centres, ICT & SW development, BPO - Regional headquarters, High-tech sectors and Tourism centres. Additional opportunities can be found in the traditionally strong sectors with the growth potential found in Slovakia: Machinery & Precision engineering, Automotive, Metallurgy & Metal processing, Electronics and Chemistry & Pharmacy.

The attraction of Slovak investment environment is proved by constantly raising number of foreign investors and volume of foreign direct investment in the country. The major investors in Slovakia are:

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 Shared Services Centre, Accenture Technology Solutions, Getrag Ford (/Deutschland)
Germany	Siemens, Volkswagen, T-Systems, Deutsche Telekom
Japan	Yazaki, Sumitomo, Panasonic, Sony
Korea	Samsung, KIA Motors, Hyundai Mobis
France	PSA Peugeot Citroen, Alcatel R&D
Spain	SOITRON

You can download the "Invest in Slovakia" brochure - produced by SARIO - Slovak Investment and Trade Development Agency (www.sario.sk)