NINETY-TWO percent of German companies operating in Slovakia would repeat their decision to invest in Slovakia, the Hospodárske noviny reported.
Germany is one of the biggest foreign investors in Slovakia.
In the Czech Republic, more than two thirds of German investors said they would invest there again, but about 23 percent said they would choose a different country - with Slovakia in first place.
The survey’s results were based on figures gained from quizzing German investors in the Czech Republic, Slovakia, Poland, and Hungary.
Sixty-three of 630 German companies in Slovakia took part in the survey. Dieter Mankowski, a German economy delegate in Slovakia, considers the number to be representative.
Ninety-five percent of respondents in Slovakia they were content with the current situation of their company. Forty-four percent consider it “good”, the rest “satisfactory”.
Two thirds of respondents expect economic growth in Slovakia as well as an increase in company turnover. More than a third supposes an increase in employment and want to hire new employees.
However, German respondents said that conditions for research and development are better in the Czech Republic and Hungary. "It is needed to improve this in order to maintain investment Slovakia’s investment attractiveness," said Mankowski.
Compiled by Marta Ďurianová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
25. Apr 2005 at 11:11