Survey: Slovakia still attractive destination for investors

A survey on the Attractiveness of Europe for Foreign Investors published by Ernst & Young on July 9 shows that Slovakia has broken into the global Top Ten this year, reaching eighth place in terms of received foreign investments per capita.

A survey on the Attractiveness of Europe for Foreign Investors published by Ernst & Young on July 9 shows that Slovakia has broken into the global Top Ten this year, reaching eighth place in terms of received foreign investments per capita.

Slovakia, with its population of 5.4 million, gained 58 investment projects in 2007. The highest volumes of FDI came to Slovakia from Germany, Austria, South Korea and the United States, with investments in car manufacturing and components for the automobile industry, steel production and the electronics industry creating nearly 8,500 new jobs.

"These results show that even if Slovakia may be past its investment boom, it is still an interesting destination for investors, and we can expect the inflow of more foreign investment particularly into value-added sectors," predicted Stan Jakubek from Ernst & Young in Slovakia. TASR

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

Get daily Slovak news directly to your inbox

Top stories

Drop in car production lower than expected

Carmakers manufactured 11 percent less cars than in 2019.

Carmakers in Slovakia also produce electric battery and hybrid car models.

News digest: Slovakia tests en mass and launches vaccination of seniors

Health minister admits resignation if alert system not observed. Slovak diplomat has a new lucrative post.

The vaccination in nursing homes started.

A swab instead of a jab. The renamed testing kicked off

The government spent the week deciding about nationwide testing. Lockdown is starting to show in infection numbers, experts say.

Košice