Why SLOVAKIA 10 REASONS WHY CONSIDER SLOVAKIA AS YOUR INVESTMENT DESTINATION
LEARN MORELocation
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.
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.
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.
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)
secondary level students are visiting vocational schools
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)
share of
high-tech
manufacturing
in the CEE
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).
for 2040–93% of produced electricity from renewables and nuclear sources
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.
in FDI &
technology
transfer
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.
of Slovak products are exported to EU countries
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.
road network
ensures safe
& efficient
travel
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.
additional
deduction
of the R&D costs
SLOVAKIA AT GLANCE
Feel free to
download our
publication Why SLOVAKIA and
learn more about Slovak investment
& business environment.
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.
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