BUSINESS IN SHORT

Businesses would expand abroad

THE LAST few years have seen an increasing number of Slovak start-ups and larger companies alike succeeding not only in Slovakia, but also abroad, analyses have shown.

THE LAST few years have seen an increasing number of Slovak start-ups and larger companies alike succeeding not only in Slovakia, but also abroad, analyses have shown.

According to the Young Entrepreneurs Association of Slovakia (ZMPS), 20.5 percent of companies are already doing business abroad while another 70.5 percent are pondering such a scenario.

The most preferred foreign countries for operating a business abroad were the Czech Republic (26.1 percent), Austria (13 percent) and Hungary (9.8 percent).

“It’s difficult to take the first decision and first step,” said the ZMPS’ Tomáš Husár, as quoted by the TASR newswire.

As many as 62 percent of 417 entrepreneurs who were included in the survey and who would be interested in selling their products or services abroad said, howver, that they perceive an obstacle in formal and legislative matters.

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

Protests will take place, Pellegrini says Fico can sleep well at night

Read the reactions to the published Gorilla recording.

Smer chair Robert Fico

Two nominees for Record of the Year released within a week

Arguably, only a handful of journalists are likely to hear all 39 hours of Gorilla, but the public will no doubt jump at some sequences.

Protests over the Gorilla scandal drew thousands into Slovakia’s squares.

Gorilla recording has been leaked online

The recording is nearly 39 hours long. Penta is ready to submit a criminal complaint.

Slovakia listens to Gorilla

Jaroslav Haščák tried to control the state without voters giving him that power.

Oligarch Jaroslav Haščák owns the Penta financial group.