Though the number of Slovak companies operating in Germany is still not as large as the number of German companies operating in Slovakia, there are a few successful examples. These are primarily companies that went abroad just after the 1989 Velvet Revolution when foreign markets opened up.
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One of the successful business stories belongs to MicroStep. The company from Bratislava supplies computer numerical control (CNC) machines for cutting materials by plasma, laser, oxy-acetylene welder, water beam and high-speed spindle to 55 countries worldwide.
In the beginning, production and exports of the machines came from the cooperation of MicroStep, a technology and management system supplier, IQM, a mechanics supplier from Zvolen (Banská Bystrica Region) and CDM, a sales and marketing firm for the German-speaking market of Brezová pod Bradlom (Trenčín Region). In 1998, the representatives of three companies established a joint German branch called MicroStep Europa GmbH.
Read more: How is MicroStep doing on the German market? What other companies have successfully established their business in Germany?
6. Aug 2018 at 6:30 | Peter Adamovsky