The number of British firms in Slovakia is record-high before Brexit

Nearly 500 companies were established only in the last four years.

BratislavaBratislava (Source: SME)

Although the United Kingdom is supposed to leave the EU at the end of March, Slovakia is becoming popular among British businesses.

In fact, the interest of British entrepreneurs to invest in Slovakia has been continuously rising since 2015, the Bisnode consulting company claimed in its press release. Over this period, 478 new British firms have been established in Slovakia.

Also, 163 British companies were set up in less than a year in Slovakia, which is a 13-percent annual increase.

"Our expectations that Slovakia could make the most out of Brexit have been therefore confirmed," Bisnode analyst Petra Štěpánová said.

The total number of companies with a British owner in Slovakia has thus risen to 1,466, which is a record-high figure. Moreover, their capital has tripled, currently amounting to €1,061,172,472. It is a 34-percent rise year-on-year, Bisnode informed.

"It may suggest that entrepreneurs from the UK are starting to run a bigger business in Slovakia," Štěpánová claimed in the press release.

Top stories

News digest: Employers finally get manual for employee Covid testing

Bratislava starts the Christmas season online and the refurbishment of one of the biggest fountains in Slovakia. Tatra ski resorts have switched on their snow-making machines.

19 h
Christmas trees began appearing in the squares during the First Czechoslovak Republic and there is a touching Christmas story behind it.

Lockdown for just two weeks? Forget it, say experts

The experts advising the government expect some rules may lift before Christmas, but only for the vaccinated.

22 h
Chicago Blackhawks right wing Marián Hossa prepares for a face off against the Florida Panthers during an NHL hockey game in March 2017.

The (in)conspicuous superstar that had to suffer to achieve great things: Marián Hossa

The Slovak hockey player has been inducted into the Hockey Hall of Fame.

25. nov
The fountain in its current shape and visualisation of its refurbishment.

The biggest fountain in Bratislava will gush water again

The Družba fountain on Námestie Slobody Square will be renovated after 40 years. Take a look at what its dilapidated interior looks like before the reconstruction.

24. nov
Skryť Close ad