FOREIGN farmers are increasingly interested in Slovak land and are currently working an estimated 50,000 hectares, mainly in the southwest of the country, according to the Slovak farmers union.
As a future EU member, Slovakia is an attractive investment location for Western farmers, with land prices dramatically lower than in the EU. According to 1998 figures from the Slovak Land Fund, one hectare of farm land in Slovakia costs on average 1,200 euro, compared to 52,900 euro in Luxemburg, 17,100 euro in Germany, and 9,100 euro in the UK.
24. Feb 2003 at 0:00 | From press reports of TASR and SITA