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Survey ranks Slovakia as 12th best investment spot in Europe

SLOVAKIA was the 12th most attractive invesment destination in Europe in 2004, according to an Ernst & Young survey of 672 managers worldwide, the Hospodárske noviny daily reported.

The new EU member was also the sixth most frequently mentioned European country for prospective future investments.

As regards the attractiveness of the tax system, Slovakia shares the third position with Poland and Switzerland.

Based on the direct foreign investments factor, Slovakia is in fifth place as regards its share of the automotive industry (behind France, the Czech Republic, Poland and the UK).

Ernst & Young is one of the leading professional consulting companies in the world. It has operated in Slovakia since 1991.

Compiled by Beata Balogová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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