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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.

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