10. April 2006 at 12:59

Interest in Slovak firms grow

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THE value of mergers and acquisitions in Slovakia grew last year by 79 percent to $2.9 billion. According to the Hospodárske noviny daily, quoting PricewaterhouseCoopers, though the number of such transactions actually decreased, their value
increased, which means larger and larger companies are being acquired.

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The majority of the mergers and acquisitions resulted in the Slovak company being folded into the headquarters, mainly in the Czech Republic and Germany. Acquisitions were focused especially on firms operating in the manufacturing industry, finance, and production of food and beverages.

However, Slovakia is a small country that holds only 3 percent of the overall value of mergers and acquisitions in central and eastern Europe.

Compiled by Martina Jurinová from press reports
TheSlovak Spectator cannot vouch for the accuracy of the informationpresented in its Flash News postings.

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