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SLOVAKIA Ideal Investment & Business Destination

SLOVAKIA Ideal Investment & Business Destination. Slovakia – Best Bet for Your Business. Slovakia – Growing Heart of Europe. Member of NATO. Member of European Union. Member of Schengen Area. Member of Eurozone. World ice hockey champion 200 2. Independent Slovakia 1993.

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SLOVAKIA Ideal Investment & Business Destination

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  1. SLOVAKIAIdeal Investment & Business Destination

  2. Slovakia – Best Bet for Your Business

  3. Slovakia – Growing Heart of Europe

  4. Member of NATO

  5. Member of European Union

  6. Member of Schengen Area

  7. Member of Eurozone

  8. World ice hockey champion 2002 Independent Slovakia 1993 European Union member 2004 EURO Zone 2009 2009 Football world cup qualified 2000 member of OECD 2007 Fully member Schengen zone 2004 member of NATO Journey of Slovakia

  9. Slovakia - a Natural Winner A1 positive outlook A+ stable outlook A positive outlook DB2d positive outlook Source: SARIO, 2010

  10. Macroeconomic Overview Real GDP growth -4,7 % Labour productivity growth2 % Real wages growth0,6 % HICP Inflation1,6 % Unemployment12,1 % Average monthly salary (€)744,5 Real GDP growth (Annual percent change) Source: SARIO, 2010

  11. Simple and Fair Taxes • Dividend tax • Inheritance and Gift Tax • Real Estate Transfer Tax • No limits on the Repatriation of profits 19% flat tax rate • Corporate & Personal Income Tax • Value Added Tax

  12. Low Cost of Labor vs High Labor Productivity 900 € Czech republic 782 € Hungary 855,84 € Poland 744,5 € Slovakia Labour productivity Source: Eurostat2009, EU15 = 100 Data for 2009Source: National Statistical offices of Czech republic, Hungary, Poland, Slovakia

  13. Infrastructure Krakow (PL) 180 km Prague Brno (CZ) 120 km Bratislava Bologna Basel Split Cargo Vienna Prague Bratislava Poprad Alt major European cities – Highway in operation –Under construction –To be completed by 2015 Vienna (A) All major European & World cities Source: National Motorway Company, 2010 and Slovak Airports

  14. Education in Slovakia East Slovakia university region West Slovakia university region Central Slovakia university region Number of universities:33 Number of Students in 09/10: 211 553 (Bachelor + Master's degree) Number of PhD. Students in 09/10: 10 145 Graduates in 2009: 60 696 (Bachelor + Master's degree) PhD. Graduates in 2009: 1 669 Bratislava university region Source: The Institute for the Information and the Prognosis in the Education, 2009

  15. Research and Development • R&D and Design in Automotive • ICT and Software Development • R&D in Nuclear Power • R&D in Renewable Energy • R&D in Electronics

  16. Slovakia Success Stories

  17. Top 5 Investors by Country 1 2 3 4 5 France Italy Austria Germany South Korea Source: SARIO, 2010

  18. Top 5 Investors by Sector • 1. Automotive • 2. Machinery • 3. Electrotechnical • 4. Chemical • 5. IT services Source: SARIO, National Bank of Slovakia, 2010

  19. Key Sector: Automotive 207 128 cars/year2009 3rd PLACE IN WORLD CAR PRODUCTION PER 1000 INHABITANTS = 86 CARS 150 015 cars/year2009 106 000 cars/year 2009 Source: SARIO, Slovak Automotive Industry Association ZAP, 2010

  20. Top 5 Export Products • 1. Machinery, energy, electrical, and AV equipment • 2. Vehicles and transport • 3. Base metals • 4. Chemical & Mineral pds • 5. Plastics and rubber Source: SARIO, 2010

  21. Top 5 Export Destinations 20% 13% 9% 7% 6% Poland Italy France Germany Czech republic Source: SARIO, 2010

  22. WHY SLOVAKIA? - Top Reasons to Remember 1.Central European hub andfavourable geographic locationwith 350 milion potential costumers 2.Political & economic stability, member of EU and Schengen area 3.19% flat tax rateand 0% dividend tax 4.Availability of highlyskilled workforce 5.Low labour costsvs. high labour productivity 6.Euroas an official currency from 2009 7.Large selectionof industrial land and offices available for purchase/lease 8.Harmonised investment incentives 9.Infrastructurethat is growing steadily 10.Highinnovation potentialfor R&D projects 11. A country of considerablenatural beauty

  23. SARIO Services – All Free of Charge FDI Section • Assistance in investment implementation • Database of available real estate • Consultancy on state aid Foreign Trade Section • Identification of potential suppliers and subcontractors • Monitoring free production capacities • Facilitation in establishing JVs • Online databases

  24. Slovakia – Top Tourist Attractions

  25. Thank you for your attention For more information, you can contact me at: Adress: SARIO Martinčekova 17 821 01 Bratislava, SR Tel.: +421 2 58260 100 Email:sario@sario.sk

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