Why SLOVAKIA 10 REASONS WHY CONSIDER SLOVAKIA AS YOUR INVESTMENT DESTINATION

LEARN MORE

Location

Strategic location in the heart of
Europe with great export potential.

Our country is located on the crossroads of main European
highway and railway transport corridors as well as the Danube river
transportation system. Bratislava lies directly on the borders
with Austria and Hungary. The 70 km distance between Bratislava
and Vienna gives them a unique status of two of the
closest capitals in Europe.

740
million
clients in
radius of
2,000 km

SAFETY & STABILITY

One of the safest and politically most
stable countries in Europe.

Slovakia is a fully integrated EU member state
(Eurozone, Schengen Area) and is known across the world
as a reliable economic partner proven also by its A+ country credit
ratings (or similar) by international rating agencies.

Modern cable-stayed bridge in Slovakia against a clear blue sky

EUROZONE

A member of the Eurozone since 2009.
Slovakia has euro currency as one of the few in CEE.

Being member of the Eurozone brings several
benefits for companies in Slovakia — limitation of
foreign exchange risk, lowering of transaction costs, more
predictable conditions for long-term business decisions.
Most of the largest investors and trade partners of
Slovakia have also adopted the euro currency.

Close-up of a 1 euro coin

QUALIFIED WORKFORCE

Cost–effective, skilled and loyal labour force
with excellent multilingual skills.

98% of secondary school students study English as their
first foreign language, mostly followed by the second foreign
language (German, Spanish or French). Slovakia also reaches one of the highest
shares of people with complete secondary education in the EU (94%). On top of that,
our dual education system provides perfect combination of theoretical
and practical education for students at the secondary schools.

(source: Eurostat)

65% of
secondary level students are visiting vocational schools
Automotive assembly line workers finishing vehicles in a Slovak car plant

PRODUCTIVITY

The highest labour productivity rate in
Central & Eastern Europe.

Measured as a nominal labour productivity per hour worked,
Slovakia reaches the highest level of all the countries in the CEE region.
The reasonable labour costs, high labour productivity, great ability
to adapt to new technologies and willingness to work also during night or weekend
shifts, are the key factors why companies choose Slovakia as their
investment destination. (source: Eurostat)

The highest
share of
high-tech
manufacturing
in the CEE
Industrial robotic arms assembling a car body on a production line
Snow-covered High Tatras peak rising above a sea of fog at dusk

Safe Haven

According to political risk analysis
of credit insurance group Credendo, Slovakia
belongs to a group of countries with the
safest and the most politically stable
environments in Europe.

Green, stable and available electricity

Slovakia has one of the greenest electricity
production energy mixes in the EU.

In 2024, 86% of power in Slovakia was produced from
low-carbon energy sources – renewables and nuclear energy.
Slovakia is also the net producer of the electricity.
In combination with one of the most developed distribution networks
in the EU, it makes electricity in Slovakia very stable
(close to 0% chance of outages).

Prediction
for 2040–93% of produced electricity from renewables and nuclear sources
Riverside promenade in Bratislava with deck chairs on a footbridge over the Danube and people walking along the embankment

INNOVATIVE ECOSYSTEM

One of the highest shares of higher
added–value jobs in CEE, ready for new
investments into R&D and Innovation projects.

Share of higher added-value jobs in Slovakia
reaches 46.6 % of total employment. This sets a good baseline for
investment projects in technology centres or centres of excellence.
56% of the R&D expenditures are spent in the field of technical sciences,
at which is Slovakia particularly strong.

Leader
in FDI &
technology
transfer
Smartphone displaying the ESET Mobile Security antivirus app in an app store

OPENNESS

One of the most export oriented and
open economies in the EU.

On top of being one of the most open economies in the
European Union (export of goods to GDP), our openness can also be
highlighted by a variety of investors from different countries that have
decided to place their projects in Slovakia. In the past two decades
SARIO tracked nearly 700 projects.

78%
of Slovak products are exported to EU countries
Modern riverside residential tower in Bratislava at sunset

DEVELOPED INFRASTRUCTURE

Developed and steadily growing infrastructure
network with regards to road, railway
& flight connections.

Slovakia´s national road network ensures
safe and efficient travel. Cross country drive from
Bratislava (capital, located in the West) to Košice (2nd
biggest city, located in the East) lasts only about 4,5 hours.
Many visitors enter Slovakia also via the Vienna airport,
which is only 47 km away from Bratislava.

National
road network
ensures safe
& efficient
travel
Winter motorway in Slovakia leading toward the snow-capped High Tatras mountains

INCENTIVES

Attractive investment incentives scheme and
special tax regimes for R&D activities.

Slovakia offers incentives for investment projects
amounting up to 60% of the eligible costs. Forms of aid include income
tax reliefs as well as direct forms of aid. Slovakia also offers specialized
tax regime for companies carrying out R&D activities, which can deduct
additional 100% of the R&D costs from their tax base.

100 %
additional
deduction
of the R&D costs
Aerial view of a large industrial manufacturing plant with parking areas, surrounded by hills

SLOVAKIA AT GLANCE

Feel free to download our
publication Why SLOVAKIA and
learn more about Slovak investment
& business environment.

Download PDF

ABOUT US

SARIO is the official Slovak investment
promotion agency founded by the Slovak
Ministry of economy. Goal of SARIO is to serve
as a one-stop shop for domestic or foreign companies considering Slovakia as their
potential investment location.

VISIT WEBSITE
Aerial view of the High Tatras foothills and green valleys in Slovakia at sunset

Contact

We'd like to hear from you!
You can reach us at invest@sario.sk or follow us
on Instagram, Facebook, LinkedIn or YouTube.

#whyslovakia #investinslovakia