Basic information

Slovakia has been the land of excellent investment opportunities for three decades now.

The country offers a highly reliable and qualified workforce, a truly European entrepreneurial environment, and a strategic location in the heart of Europe. Having attracted a great number of successful investments over the last couple of decades, Slovakia is now more open than ever to new projects in just about any sector.

Official Name Slovak Republic
Area 49 034 km2
Population 5.4 mil.
Capital Bratislava
Regions Bratislava, Trnava, Trenčín, Nitra, Žilina, Banská Bystrica, Prešov, Košice
Membership EU, Eurozone, Schengen, OECD, WTO, NATO
GDP per capita 15 177 €
Currency Euro (as of 1 January 2009)
Time zone UTC + 1
Government Parliamentary republic
Official Language Slovak
Electoral System Proportional representation
Electoral Term 4 years
International ports Bratislava, Komárno (inland)
International airports Bratislava, Košice, Poprad


GDP source: International Monetary Fund, 2016

 

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WHY INVEST IN SLOVAKIA

  • The country’s political and economic stability makes for a safe environment for investments.
  • A favourable geographic location at the heart of Europe – potential of up to 350 million customers in a 1,000 kilometre radius.
  • The fastest growing Eurozone member.
  • Central and Eastern Europe (CEE) leadership in Doing Business for 10 years in a row (2002 – 2013)
  • CEE leadership in Physical Property Rights Protection.
  • CEE leadership in labour productivity and a place among the TOP 10 hard-working countries (according to OECD surveys).
  • The country’s labour force is highly adaptable to different business cultures and management styles.
  • Worldwide No. 9 in adapting to new technologies and high innovation potential.
  • Slovakia uses the Euro as the official currency unlike many other CEE countries.
  • Attractive investment incentives.