Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

Companies expect worse results

MOST companies in Slovakia anticipate worse economic results this year than in 2012. While up to 36 percent of the 150 firms that participated in the Leadership Barometer 2013 Slovakia survey conducted by GfK selected this possibility, one quarter of respondents said they expect better results, and about one third predicted their results will be the same as last year, the TASR newswire reported.

MOST companies in Slovakia anticipate worse economic results this year than in 2012. While up to 36 percent of the 150 firms that participated in the Leadership Barometer 2013 Slovakia survey conducted by GfK selected this possibility, one quarter of respondents said they expect better results, and about one third predicted their results will be the same as last year, the TASR newswire reported.

About 50 percent of respondents said their biggest strategic priorities in management are product quality, effective pricing and customer loyalty. In 2010 companies focused mostly on optimal cost structure, which was chosen by nearly 60 percent of respondents, TASR wrote.

“These findings clearly confirmed that companies have done their homework on the side of expenses during the past three years,” said Martin Mravec, executive director of GfK Czech Republic and GfK Slovakia, as quoted by TASR.

The survey also revealed that not all investments have helped companies to progress and make their marketing communication more effective. Up to 80 percent of respondents said they do not want any significant investments in 2014, Mravec added.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

How rock music helped bring down the totalitarian regime Video

A new film shows that Rock & Roll, forbidden in the Soviet Union, helped to end the Cold War.

Illustrative Stock Photo

Movies under an open sky feel differently than in an air-conditioned cinema Photo

The popularity of outdoor cinemas is increasing in Bratislava

Bažant Kinematograf on the Magio Pláž beach

Peter Sagan announces split with his wife Katarína

The Slovak cycling star who has a young son said “It will be much better this way”.

Peter Sagan marries Katarína, November 2015.

Top 3 news from Last Week in Slovakia Video

Slovakia to buy 14 American fighter jets.

This archive picture from 2014 shows an older model of the F-16 fighter jets.