Italians celebrated their presence in Slovakia

Back in 2012, Italy was the fourth biggest investor in Slovakia.

VÚB belongs to Italian investments in Slovakia.VÚB belongs to Italian investments in Slovakia.(Source: TASR)

The Italian-Slovak Chamber of Commerce has helped around 3,000 Italian companies get established in the Slovak market since it started its activities here 20 years ago.

Back in 2012, Italy was the fourth biggest investor in Slovakia and it is possible that it still occupies that position.

“Slovakia is interesting for investors from the point of relatively cheap qualified labour force, the proximity of eastern markets, and the amount of tax burden,” said head of the chamber Alexander Resch, as quoted in a press release. “On the other hand, for Slovak companies, particularly the production ones, exports to the Apennine peninsula are interesting.”

The Italian-Slovak Chamber of Commerce organises many bilateral meetings each year, with the aim to help establish business partnerships. It helps both Slovak and Italian firms to learn what principles can be used in business relations, how the offices work, what the legal possibilities and market perspectives are.

It currently represents some 200 firms that have created 30,000 jobs in Slovakia.

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