basic ftosnli matchmaking opportunities AvkcfikktbasvRk basic...

foreign tradebasic facts on slovak industries

industries in regions


joint venture opportunities

SARIO services

SARIO services

figures ratings

ratings

business missions

business missions

business forums

business forums

business forums

joint venture

foreign trade

business friendly SlovakiaSARIO services

business missions





SARIO services

SARIO services

figures ratings

ratings

business missions

business missions

business forums

business forums

business forums

joint venture

foreign trade






SARIO services

SARIO services

figures ratings

ratings

business missions

business missions

business forums

business forums

business forums

joint venture

foreign trade

business friendly SlovakiaSARIO servicesbasic facts on slovak industries



figuresbusiness forums

matchmaking opportunities

foreign trade

ratings

business friendly Slovakia

basic facts on slovak industries





foreign trade

ratings


Trade with Slovakia

2www.sario.sk

“Trade with Slovakia” introduces to the reader the economic facts and figures of Slovakia, information on the business environment, industrial sectors and their strengths, vision, strategy for economic development and other useful information in order to illustrate why Slovakia is an ideal location for trade. The last part is dedicated to presenting the services that the Slovak Investment and Trade Development Agency (SARIO) offer foreign companies that are interested in co-operating with their Slovak business counter partners.

The publication you hold in your hands is intended to encourage and challenge you to start new business activities with Slovak companies. The team of the SARIO Foreign Trade Section is fully at your service to support your business ideas.

Introduction

ContentsGeneral Information on the Slovak Republic.............................................................. 3

Economy......................................................................................................................................................... 5

Industry.......................................................................................................................................................... 7 High-tech................................................................................................................................................. 7 Medium-high-tech and Medium-low-tech................................................................ 9 Low-tech.................................................................................................................................................. 11 Selected R&D Capacities............................................................................................................... 13

Development Tendencies of Individual Regions..................................................... 14

Why SARIO?.............................................................................................................................................. 15 Online Business opportunities.......................................................................................... 16 Special Projects................................................................................................................................ 17

Czech Republic

Austria

Hungary

Slovenia

Croatia

Bosnia andHerzegovina

Serbia

Romania

Ukraine

Moldova

PolandGermany

Switzerland

Italy

Bulgaria

Turkey

MontenegroKosovo

Macedonia

Alb

ania

Greece

SanMarino

Liechtenstein

Belarus

Lithuania

Latvia

Estonia

Russia

Finland

Sweden

Russia

Slovakia

1500 km

500 km

250 km

750 km

1000 km

1250 km

3 4www.sario.sk www.sario.sk

General Information on the Slovak Republic

Official name Slovak Republic

Area 49,035 km2

Population 5.4 million

Capital Bratislava

Regions Bratislava, Trnava, Trenčín, Nitra, Žilina, Banská Bystrica, Prešov, Košice

Member of EU, Euro Area, Schengen Area, OECD, WTO, NATO, etc.

Currency Euro (since 1 January 2009)

Time zone GMT + 1 hour

Type of government Parliamentary system

Official language Slovak

Electoral system Proportional representation

Proportional representation

4 years (Parliament)5 years (President)

France

SpainPortugal

Louxembourg

Belgium

Netherlands

Den

mar

k

Monaco

United Kingdom

Ireland

Norway

Slovakia, the country in the heart of Europe, offers great advantages to business:

• strategic location between East and West

• great export potential

• the common European currency Euro

• flat tax rate of 20%

• flexible Labour Code.

City/Town Population

Bratislava 601,132

Košice 235,006

Prešov 91,767

Nitra 85,742

Žilina 85,268

Banská Bystrica 81,704

Trnava 69,140

Trenčín 56,850

(ZA) Žilina region

(BB) Banská Bystrica region

(PO) Prešov region

(KE) Košice region

(BA) Bratislava region

(TT) Trnava region

(TN) Trenčín region

(NR) Nitra regionSource: The Statistical Office of the Slovak Republic, www.statistics.sk

Bratislava

Trnava

Nitra

Trenčín

Banská Bystrica

Žilina Prešov

Košice

BA

TT NR

TN

BB

ZAPO

KE

OsloStockholm

HamburgBerlin

PragueBrno

PragueBrno

UherskéHradište

Zlín

KatowiceOstrava

Žilina

MartinRužomberok

WarsawKrakow

Saint-PetersburgMoscowTallinnRigaMinskVilniusWarsawRzeszow

LvivKievMoscowOdessa

MiskolcBudapestBucharestConstanta

GyörBudapestBelgradeIstanbulAthens

ViennaMunichTriesteRome

BarcelonaMadrid

LondonParisBern

Munich

D2

D1

D1

R1

R1

R1

R1

R8

R7

R7

R7

R2

R2

R2R2R2

R4

R4

R2

R6

R3

R3

R3

R5

R3

R3

R3

D4

D1

D3

D1D1

D1

D1

LiptovskýMikuláš

Poprad

S. N. Ves

Košice

Prešov

Michalovce

Svidník

Rožňava

Nitra

Bratislava

Trnava

PiešťanyTopoľčany

BanskáBystrica

Zvolen

Trenčín

Nové Zámky

in useunder constructionin preparationalternative route

D1

C - E40

AUSTRIAOBB

C - E40

C - E40

C - E61

C - E61

C - E52

C - E63

C - E63

C - E63

C - E61

C - E61C - E52

C - E52

C - E40

UKR

AIN

E U

Z

POLANDPKP

CZECH REPUBLIC

HUNGARYMÁV

First class railwaysSecond class railwaysThird class railwaysFourth class railwaysBorder crossing

Chop

MestoMedzilaborce

MuszynaOstrava

Tatry-

TatranskáLomnicaStarý

Smokovec

Sátoraljaújhely

Hidasnémesti

Kachnec

Bánovce nad Ondavou

SlovenkéN. Mesto

Makov

PlaveckýMikuláš

Devínska N. Ves

D. Jazero

Rusovce

RajkaNeded

Szob

Palárikovo

Kozárovce

Hronská Dúbrava

Jelšovce

Brezno - Halny

KatarínskaHuta

Kalonda

Ipolytamóc BukovinkaŠiatorská

LenartovceBánréve

SlavošovceBarca

Kysak

Slanec

Horní Lidec

Veselínad Moravou

Hodonín

Marchegg

ZáhorskáVes Zohor

Komárom

Diviaky

Road Network

The Slovak road network boasts 17,946 km of roads and motorways, incl. 180 km of expressways, 3,317 km of Class-A roads, 3,644 km of Class-B roads and 10,406 km of Class-C roads. Interna-tional “E-roads” comprise 1,537 km, Trans-European Motorways “TEM” make up 932 km and “TEN-T” corridors cover 926 km. There are 25,942 km of urban roads.

Air Transport Network

Slovakia is home to six airports: in Bratislava, Poprad, Košice, Piešťany, Žilina and Sliač. The most important Slovak airports are Bratislava Airport and Košice Airport. Both provide regular and chartered European flights. The possibility to fly within Europe and to the rest of the world is also provided by nearby Vienna International Airport (approx. 60 km from Bratislava), Budapest Airport (approx. 180 km from Bratislava) or Prague Airport (approx. 351 km from Bratislava).

Railway Network

According to the European Conference of Ministers of Transport, three railways corridors were approved to be included in the Trans-European Network (TEN):• Corridor 4

(Berlin – Prague – Bratislava – Štúrovo – Budapest – Istanbul/Thessalonica)

• Corridor 5 (Terst – Budapest/Bratislava – Uzhorod – Lvov)

• Corridor 6 (Gdansk – Lodz – Žilina)

Source: The National Highway Company, www.ndsas.sk

Source: The Railways of the Slovak Republic, www.zsr.sk

Slovak Business Environment

More than 10 years ago, Slovakia embarked on an ambitious plan of deep structural reforms with a vision to become one of the best business locations within the European Union (EU). Today, Slovakia is widely seen as a success model for other EU countries for creating an investment and business-friendly environment. Slovakia is a full member of the EU, NATO, OECD, Euro and Schengen Area.

Slovakia s Ratings and Rankings

Slovakia has maintained its positive momentum and in long term it has the best ratings in the V4. Slovak banks and companies are in a strong financial position.

2002 2003 2004 2005 2006 2007 2008 2009 2010

Real GDP Growth 4.6% 4.8% 5.1% 6.7% 8.5% 10.5% 5.8% -4.8% 4.1%

HICP Inflation 3.5% 8.4% 7.5% 2.8% 4.3% 1.9% 3.9% 0.9% 0.7%

Unemployment 17.8% 15.2% 14.3% 11.6% 10.4% 8.4% 7.7% 11.4% 14.4%

Gross Foreign Debt (as % of GDP) 43.4% 42.4% 41.5% 34.2% 30.5% 29.6% 27.8% 35.4% 43.4%

Export in EUR billion - - 29.57 32.86 40.91 47.35 49.52 39.72 48.79

Import in EUR billion - - 31.22 35.32 43.66 48.07 50.28 38.77 48.65

The ranking of the World Bank considers the quality and attractiveness of the business envi-ronment. Economies are ranked on their ease of doing business, from 1-183, with first place being the best. The rating factors are: political and institutional environment, macroeconomic stability, market potential, and private entrepre-neurship support, and taxation system, finance, enforcing contracts, the starting and closing of a business, labor market and infrastructure.

Flat Tax Rate of 20% – Simple, Fair, Neutral and Effective – All the types and amounts of income are taxed at a flat rate of 20%; there is no double taxation and no dividend tax. A reduced 10% VAT was introduced for medicaments and books. Repatriation of profits is 100%.

Flexible Labour Code – This was recognised by the World Bank as one of the most flexible in the EU.

Reformed Social System – Among other things, new measures to avoid the abuse of the social system and better aimed targeting of social allowances were introduced. The introduction of employers’ obligation to pay sickness insurance benefits for the first 10 days of an employee’s illness leave resulted in a decrease of sickness rate from 9% to 3%.

Second Pension Pillar – Individual pension saving accounts in the pension administration companies were introduced.

Health Care System Reform – Market principles were introduced into the health care system.

Reformed Act on Commercial Registry – The amount of the time required to register a new company has been cut to a maximum of 5 days; the same applies to the issuance of a trade licence with a maximum allotted time of 7 days. As of 1 October 2007, onestop shop centres were introduced at the Trade Licensing Offices. The one application form contains an application for trade licences, tax registration and registration with a health insurance company.

Banking & Finance – The banking sector was privatised with 97% foreign ownership and it underwent a dramatic recovery.

Slovakia adopted the euro on 1 January 2009 and thus became the 16th member state of the Euro Area. The official exchange rate was 30.1260 SKK/EUR.

Membership in the euro zone reduces the currency exchange risks and tightens the fiscal discipline of the adopting countries, resulting in stable economy.

Economy

Slovakia Czech Republic Hungary Poland

A+stable

Apositive

BBB-negative

A-stable

A1stable

A1stable

Baa3negative

A2stable

A+stable

A+positive

BBBnegative

A-stable

0country risk

0 country risk

2 country risk

0 country risk

Country Rank

Slovakia 41

Hungary 46

Czech Republic 63

Poland 70

Source: Doing Business Report 2011, World Bank, www.doingbusiness.org

Note: Amount in EUR was calculated with the average exchange rate in the respective year.Source: The Statistical Office of the Slovak Republic, www.statistics.sk; National Bank of Slovakia, www.nbs.sk

Foreign Trade Development

Slovakia is a small but open, export-oriented economy, and therefore it needs a high level of export efficiency. In the beginning of the 1990s, Slovak companies had problems exporting their products because restructuring and privatization meant major changes to the structure of the economy. However, the inflow of foreign capital and domestic private investment were not sufficient to resurrect the export sector, resulting in consistently high foreign trade deficits.

At the end of 1990 s the government measures supporting export started to show their effects. These measures influenced decrease of import, they had positive impact on the trade balance and created room for sales of domestic production.

After year 2000 the outside demand became an important factor and therefore the driving force of the Slovak economy. Robust economic growth in following years was combined with a breaking improvement on labor market and with preserving satisfactory macroeconomic stability. Launching the operation of new production capacities of foreign investors together with fulfilled economic reforms and the entry into the euro area had decisive impact on good results and a positive influence on the economic development of the Slovak economy.

Foreign Trade Development

Top 20 Exporters 2009

Machinery & equipment

Manufactures by material

Mineral fuels

Miscellaneous articles

Chemicals

Food & live animals

Crude materials

Beverages & tobacco

Others

Oils & fats

Germany

Hungary

Poland

Austria

Italy

Czech Republic

Others

United Kingdom

France

Germany

Hungary

PolandAustria

Italy

Czech Republic

Others

United Kingdom

France

Import EU Partners in 2010 (%) Export EU Partners in 2010 (%)

11.8%

15.0%

42.4%

4.2%

2.6%

0.8%

0.4%0.4%

5.6%

9.5%

11.4%

18.7%10.5%

4.6%

4.5%

3.8%

3.1%

54.8%

2.3%

0.3%0.2%0.2%

Import of Goods

Export of Goods

2007 2008 2009 2010 2011 2012 2013

10

20

30

40

50

Slovak Export and Import in Numbers (Actual and Prognosis)

1. Samsung Electronics Slovakia Galanta

2. Volkswagen Slovakia Bratislava

3. Slovnaft Bratislava

4. PCA Slovakia Trnava

5. Kia Motors Slovakia Žilina

6. U. S. Steel Košice Košice

7. Foxconn Slovakia Nitra

8. SPP Bratislava

9. Slovenské elektrárne Bratislava

10. Mondi SCP Ružomberok

11. Železiarne Podbrezová Podbrezová

12. Whirlpool Slovakia Bratislava

13. Tatravagónka Poprad

14. INA Kysuce Kysucké Nové Mesto

15. Duslo Šaľa

16. Slovalco Žiar nad Hronom

17. Continental Matador Truck Tires Púchov

18. Vaillant Industrial Slovakia Skalica

19. SES Tlmače

20. INA Skalica Skalica

The European Commission Spring Forecast 2010-11 reports that Slovakia should top the ranking of economic growth within the EU bloc in 2010. Slovak GDP growth is expected to grow the fastest, with GDP projected to increase by 2.7%. The forecast for 2011 is even more optimistic, 3.6%, placing Slovakia 2nd within the EU.

Top 20 Exporters 2009Source: www.etrend.sk

Export of Goods & Services (bil. EUR)

Import of Goods & Services (bil. EUR)

6

15.3

10.43.2

2.4

3.9

4.2

3.5

1.714

3.6

6.9

6.7

7.36.7

5.6

14.0

19.3

Source: The Statistical Office of the Slovak Republic, www.statistics.sk

5 6www.sario.sk

8www.sario.sk

Industry is the largest and most important part of the Slovak economy. It employs about 1/3 of economically active inhabitatns. Industry generates 1/2 of the GDP and it has the leading position in foreign trade.

Industry

Electronic and Optical Engineering

Since 2000, electrical engineering has been the fastest growing industrial sector in Slovakia and it plays an important and irreplaceable role within the economy. Only a few sectors can boast of such a stable growth in revenues, employment and added value consistently since the 1990’s. The contribution of FDI has been significant. Many leading companies in this industry decided to establish their production and service facilities for the European market in Slovakia.

The electrical engineering industry has become the second strongest sector of Slovak industry after automobile production, and the second biggest employer and exporter.

1. Samsung Electronics Slovakia Galanta

2. Foxconn Slovakia Nitra

3. Samsung Electronics LCD Slovakia Voderady

4. Hansol LCD Slovakia Voderady

5. Emerson Nové Mesto nad Váhom

6. BSH Drives and Pumps Michalovce

7. Panasonic AVC networks Slovakia Krompachy

8. Universal Media Corporation Slovakia Bratislava

9. Leoni Autokabel Slowakia Trenčín

10. Osram Slovakia Nové Zámky

Air and Spacecraft Machinery

Design engineering and product development in Slovakia for global customers

Brightest LED lights in the aerospace industry at a fraction of industry prices. Sold as original equipment to many aircraft manufacturers and through dealers to retrofit market

Development of the world’s first touch screen OLED complete avionics suite, the DigitalFlightDeck™. Development of biometric security access and control of aircraft. Development of the world’s first SmartPlane the AveoPhantom™

World’s first biometric and/or pin code aircraft power-up control for anti-terror and anti-theft

GDP Sector Composition Source: www.cia.org

High-technology Statistics (in short hi-tech) comprising of sectors with high technology and services based on knowledge and higher added value technology is one of the statistics that characterize knowledge based economy. One of main goals of the document Strategies Europe 2020 is R&D support and therefore also development of knowledge based economy. The main hi-tech sectors are pharmaceuticals development and production, production of ITC products and air and spacecraft machinery production.

Industry

Services

Agriculture

2.6

34.4

63.0

BA53.18

13.56

2.45

21.45

0.87

0.663.69

4.14

TT

NR

TN

BB

ZAPO

KE

TOP 10 (2009, in sales)Source: www.etrend.sk

Distribution of Hi-Tech Revenues (%)

1. Strojkov Košice

2. COMP-LET Senica

3. Aerotech Slovakia Bratislava

4. AERO SLOVAKIA Nitra

5. AERO PRO Nitra Nitra

6. TomarkAero Prešov

7. AIR TRANSPORT EUROPE Poprad

8. TECH-MONT Helicopter company Poprad

9. ALES Trenčín

Some Companies

12

10

4

67

8

9

3

5

5

68

1

3

2

7

4

9

Chemical and Pharmaceutical Industry

The chemical industry in Slovakia produces a wide range of refined petroleum products and petrochemical products, basic organic and inorganic chemicals and intermediate products, agrochemicals, rubber chemicals, rubber and plastic products and auxiliary industrial substances.

In the near future, the following will be crucial to the Slovak chemical industry: innovations that represent higher level than R&D; to ensure reliable access to oil and natural gas, as well as the stable supply of electricity. Considerable dependence on fossil hydrocarbons and the high price of oil and natural gas has led to the effort to use renewable resources on a bio base.

1. Eset Bratislava

2. Asseco Central europe Bratislava

3. T-Systems Slovakia Košice

4. Soitron Bratislava

5. Tempest Bratislava

6. Softec Bratislava

7. Accenture Technology Solutions – Slovakia Bratislava

8. RWE IT Slovakia Košice

9. Sféra Bratislava

10. NESS Slovensko Bratislava

1. Slovak Telecom

2. Orange Slovensko

3. T-Mobile Slovensko

4. Towercom

5. Digi Slovakia

ICT Products

In 2009 the ICT sector was more contributive for the state treasury than all companies from the entire Slovak Industry.

33 established ICT Centers and Shared Service Centers in Slovakia employing over 20,000 people.

Tailored-made software development

Newimplemantations

Support of existingapplications

Outsourcing

Technical hardware maintenance

IT Security

32.5

12.0

23.4

23.0

7.8

1.2

IT Services Market in Slovakia (%, 2009)

The Fastest Growing IT Companies in 2009Source: www.etrend.sk

Telecommunication Companies in Slovakia

1. Slovnaft Bratislava

2. Duslo Šaľa

3. Continental Matador Truck Tires Púchov

4. Continental Matador Rubber Púchov

5. Novácke chemické závody Nováky (in bankrupcy)

6. Zentiva Hlohovec

7. Magna Slovteca Nové mesto nad Váhom

8. Giesecke & Devrient Slovakia Nitra

9. Chemosvit Folie Svit

10. Nexis Fibers Humenné

11. Inergy Automotive Systems Slovakia Lozorno


The entire chemical industry declined in 2008. Most economic indices in all segments of the chemical industry have plummeted, which can be partially attributed to the world economic crisis. After January 2009, the downfall was not so dramatic, with sales stabilizing in subsequent months. The most successful segment was chemical fibers production.

Bratislava

Košice

10

11

4

5

6

7

8

9

1

3

2

Source: www.etrend.sk

10www.sario.sk

Medium-high-tech and Medium-low-techin 2009, over 1/4 million employees worked in Slovakia in fields that belong to medium-hi-tech and medium-low-tech statistics such as: chemical industry, metal constructions production except for machines and equipment, electric equipment production, production of machines and equipment, production of motor vehicles, semi trailers and trailers, production of coke and refined petroleum products, production of rubber and gum products, production of other non metallic mineral products, metal production and processing, boats and ships construction, repair and installation of machines and equipment.

Automotive Industry

Recently, Slovakia has grown to become one of the leading car producers in Central Europe, primarily thanks to the presence of three world-class automotive companies established in Slovakia: Since 1991 Volkswagen Slovakia in Bratislava; since 2003 PSA Peugeot Citroën Slovakia in Trnava and since 2004 Kia Motors Slovakia in Žilina.

The automotive components industry in Slovakia has flourished hand in hand with the rise in automotive production. More car component makers are constantly shifting their operations to Slovakia, to the various industrial parks set up near Bratislava, Trnava, Žilina and Martin. Automotive parts production plants have increased the value of their production more than tenfold within the last decade.

Large global carmakers have set the goal of becoming a leader in the development of the green car. Many of them had already started production and development programs and the first green cars are starting to appear from the production lines.

The modern car as the final product of the automotive industry functions, figuratively speaking, as an electronic and software laboratory with a number of sensors, safety features, integrated information systems and other technological conveniences of today.

In 2008, the supply of components exceeded 9 billion EUR, which is more than the total turnover of all three car production plants. The major automotive component manufacturers include Delphi (USA), Dura (USA), Johnson Controls (USA), Faurecia (FRA) and Visteon (USA).

The automotive industry accounted for 37% of industrial production in 2009 and occupies a key place within export oriented industries.

Student CarTechnical University of Kosice, Faculty of Mechanical Engineering – Innovation Center of Automotive Industry (ICAV).Innovation Car – ICAR 2010 – students prototype design car projectThe main focus of the project was on building prototype car body model based on students proposals, innovations and experimental students work.

Electric FormulaSTUBA Green Team (SGT)Electric formula race car was built in cooperation of Faculty of Mechanical Engineering, Faculty of Electrical Engineering and Information Technology and Faculty of Architecture at the Slovak University of Technology in Bratislava.

100,000

200,000

300,000

400,000

500,000

600,000

215,349

295,390

571,071 575,776

463,140

557,000

20052006

20072008

20092010

Car Production in Slovakia

Areas with the highest density of automotive suppliers

Machinery Industry, Engineering Industry

Slovakia is well-known as a country with a strong position and tradition in the machinery industry. For the national economy it is of crucial importance, not only in terms of the gross domestic product and foreign trade, but also for job creation and overall employment.

Engineering is closely related to research, development, and educational institutions, as well as many other services. Competitive engineering is of interest to domestic and foreign investors. Supporting research and development is important to maintain and increase its level, with the effect of long-term stabilization of investment in this sector. This involves interdisciplinary research, involving not only engineering, but also the closely related fields of material research, energy and information technology, in addition to technical chemistry, power electronics and microelectronics.

Further research is focused on raising the level of technical design, ergonomics and ecology. The following priority areas will dominate in the prospective development of the engineering complex in the near future in Slovakia: competitive transport engineering (research of innovative products and parts and processes for automobiles, rail vehicles and aircraft); new production technology, machinery and equipment (research of innovative products and technological processes for machinery production, energy and manufacturing industries); integrated engineering (connection and speeding up the pre-production stages in the process of functional design, construction, virtual prototyping, manufacturing technology and search for innovative future design directions, including mechatronics, bio mechanics and human-machine interaction), promoting the link: manufacturer – supplier – specialized engineering company – user.

1. Volkswagen Slovakia Bratislava

2. PCA Slovakia Trnava

3. Kia Motors Slovakia Žilina

4. Mobis Slovakia Gbeľany

5. Whirlpool Slovakia Bratislava

6. Johnson Controls International Bratislava

7. SES Tlmače

8. Tatravagónka Poprad

9. INA Kysuce Kysucké Nové Mesto

10. Vaillant Industrial Slovakia Skalica


10

4

5 6 7

8

9

1

3

2

Low-technology – up to 1/2 million employees in 2009

Medium Low-tech

Medium High-tech

High-tech

Low-tech

Source: Statistical Office of the Slovak Republic, www.statistics.sk

Food-processing Industry,Agriculture

Global economic crisis did not influence dramatically this sector. The best results had the companies dealing with production of sweets and pastries, meat processing, poultry farms and producers of non alcoholic beverages.

Forestry, Wood-processing, Pulp, Paper and Furniture Industry

Before crisis it was estimated that small carpenters (companies of less 20 employees) have revenues of 250 mil. EUR. In 2009 the total revenues in wood processing companies of more than 20 employees were 410 mil. EUR.

6.5 mil. cubic meters of wood mass from Slovak forests is annually brought into the market.

3/4 of Slovak furniture production is currently exported abroad. Recently Slovakia notices increase in furniture sales.

Over 900ths tons of paper is produced in Slovakia annually. One half of sold paper is returned into recycling.

Textile, Clothing, Leather and Shoe Industry

In 2009 the best results reached the producers of textile for car seat covers, producers of fabrics and mattresses for households, producers of medical textile and socks and stockings production.

1. Mecon Group Humenné

2. Kraft foods Slovakia Bratislava

3. Heineken Slovensko Hurbanovo

4. Rajo Bratislava

5. Nestlé Slovensko Prievidza

6. Amylum Slovakia Boleráz

7. I.D.C. Holding Bratislava

8. Hyza Topoľčany

9. Kofola Rajecká Lesná

10. Tauris Rimavská Sobota

1. Mondi SCP Ružomberok

2. Lesy Slovenskej republiky Banská Bystrica

3. Swedwo od Slovakia Bratislava

4. SCA Hygiene Products Gemerská Hôrka

5. SHP Harmanec Harmanec

6. Metsä Tissue Žilina

7. Smurfit Kappa Štúrovo Štúrovo

8. Decodom Topoľčany

9. Gradoval Skalica

10. Bukovek Hencovce

1. Rieker Obuv Komárno

2. Trim Leader Košťany nad Turčím

3. Gabor Bánovce nad Bebravou

4. Rialto Partizánske

5. Ecco Slovakia Martin

6. Belfein Slovakia Čadca

7. Tytex Slovakia Humenné

8. Vulkan Partizánske

9. Makyta Púchov

10. Sperian Protection Slovakia Partizánske



10

4

5

6

7

8

91

3

2

10

4

5

6

7

8

9

1

3

210

5

6

7

8

9

1

2

43

Glass Industry

The production of glass in the territory of former Czechoslovakia has a long term tradition and it always had a very good worldwide reputation. After the change of regime the producers of glass lost contact with modern glass progress.

In the glass industry there is currently employed about 5,000.

Metallurgy Industry

Metallurgy production is strongly tied to machinery, automotive, ship building and construction industry. In 2009 about 22,000 employees worked in this industry. Over a half of the total volume of this industry is produced by US Steel.

Mining Industry

Mining industry is one of the most profitable industries in the long run with over 20% gross profit margin (total revenues in 2009 reached 500 mil. EUR). In 2009 there were almost 8,000 employees working in the mining industry.

Construction Materials

1. U.S. Steel Košice Košice

2. Slovalco Žiar nad Hronom

3. Bekaert Hlohovec Hlohovec

4. Železiarne Podbrezová Podbrezová

5. Kovohuty Krompachy

6. OFZ Istebné

7. ArcelorMittal Gonvarri SSC Slovakia Senica

8. Sapa profily Žiar nad Hronom

9. Nemak Slovakia Žiar nad Hronom

10. Metalex Košice

1. Nafta Gbely

2. Hornonitrianske bane Prievidza

3. Pozagas Malacky

4. Alas Slovakia Bratislava

5. Europia – Kameňolomy Košice

6. KSR – Kameňolomy SR Zvolen

7. Slovenská banská Hodruša-Hámre

8. Agro CS Slovakia Lučenec

9. VSK Minerál Košice

10. Baňa Čáry Čáry 1. Holcim Rohožník

2. Východoslovenské stavebné hmoty Turňa nad Bodvou

3. Považské cementárne Ladce

4. Bauxit Bratislava

5. Slovenské magnezitové závody Jelšava

1. John Manville Slovakia Trnava

2. Rona Lednické Rovne

3. Vetropack Nemšová

4. PPC Čab Nové Sady

5. AGC Trenčín Trenčín

4

5

1

32

4

5

1

3

2

Share of Production in Glass Industry (in % by revenues, 2009)

Flat glass production & processing

Production & processing of other glass; incl. technical glass

Glass thread production

Hollow glass production

Source: www.etrend.sk

In 2009 the production of glass thread fell by almost 40%. The production and processing of flat glass rises in the long run thanks to the automotive industry orders.

104

5

6

79

1

3

82

4

67

8

9

3

25

10

1





14www.sario.sk

Slovakia has wide range of domestic research and development institutions and universities established on historical tradition of Slovakia as technical country. There are many technical and natural sciences universities which can provide wide range of opportunities for close cooperation in research and development projects with foreign and domestic partners.

Selected R&D Capacities

UniversitiesPublic Universities City Web Page

Comenius University Bratislava www.uniba.sk

P.J.Šafárik University in Košice Košice www.upjs.sk

University of Prešov Prešov www.unipo.sk

University of St. Cyril and Methodius in Trnava Trnava www.ucm.sk

Catholic University in Ružomberok Ružomberok www.ku.sk

Seley Janos University Komárno www.selyeuni.sk

University of Veterinary Medicine and Pharmacy Košice www.uvm.sk

Constantine the Philosopher University Nitra www.ukf.sk

Matej Bel University Banská Bystrica www.umb.sk

Trnava University Trnava www.truni.sk

Slovak University of Technology Bratislava www.stuba.sk

The Technical University of Košice Košice www.tuke.sk

University of Žilina Žilina www.uniza.sk

Alexander Dubček University of Trenčín Trenčín www.tnuni.sk

University of Economics in Bratislava Bratislava www.euba.sk

Slovak University of Agriculture in Nitra Nitra www.uniag.sk

Technical University in Zvolen Zvolen www.tuzvo.sk

Academy of Performing Arts in Bratislava Bratislava www.vsmu.sk

Academy of Fine Arts and and Design Bratislava www.vsvu.sk

Academy of Arts in Banská Bystrica Banská Bystrica www.aku.sk

State Universities City Web Page

Slovak Medical University Bratislava www.szu.sk

Armed Forces Academy of General M.R.Štefánik Lipt. Mikuláš www.aos.sk

Academy of the Police Force in Bratislava Bratislava www.akademiapz.sk

Slovak Academy of SciencesScience Sections No. of Research Institutes

Earth and Space Sciences 5

Mathematical and Physical Sciences, and Computer Science 4

Engineering Sciences 6

Medical Sciences 9

Biological and Chemical Sciences 6

Agricultural and Veterinary Sciences 6

Historical Sciences 4

Humanities and Social Sciences 8

Arts and Culture 8

Other Specialised Organisations of Slovak Academy of Sciences Web Page

Arboretum Mlynany SAS www.arboretum.sav.sk

Center for Molecular Medicine www.mmc.sav.sk

Computing Center of SAS www.vs.sav.sk

Encyclopaedic Institute www.encyclopaedia.sk

Institute of Technology www.ti.sav.sk

Selected Centers of Excellence

Technology Clusters

Centre of Information and Communication Technologies for Knowledge Systems www.cna.sk

Centre for Materials, Layers and Systems for the Extreme Condition Applications www.machina.sk

Centre of Excellence in Nano-/Micro-electronic, Optoelectronic and Sensory Technologies www.fei.stuba.sk

National Centre of Excellence in Renewable Resources Research and Application www.nc-oze.stuba.sk

Centre of Excellence in SMART Technologies, Systems and Services www.fiit.stuba.sk

Centre of Excellence in 5-axis Machining www.mtf.stuba.sk

Centre for Development and Application of Progressive Diagnostic Methods in Processing of Metal and Non-metal Materials www.mtf.stuba.sk

Centre of Excellence for New Technologies in Electrical Engineering www.elu.sav.sk

Centre of Excellence in Computer Science and Knowledge www.upjs.sk

Centre of Excellence for R&D of Structural Composite Materials for Engineering, Construction and Medical Applications www.cekomat.sav.sk

Centre of Excellence for Intelligent Transport Systems and Services http://ceids.uniza.sk

Up to 45 Centers of Excellence in Slovakia are established thanks to European Union Structural Funds.

Universities and institutions of the Slovak Academy of Sciences established several centers for research and development.

1 Slovak Engineering Cluster Banská Bystrica

2 Automotive Cluster – West Slovakia Trnava

3 BITERAP Cluster Košice

4 Electronical Cluster – Western Slovakia Trnava

5 Energy Cluster – Western Slovakia Trnava

6 Cluster AT+R Košice

7 Košice IT Valley z.p.o. Košice

8 Slovak Plastic Cluster Trnava

9 Z@ict Žilina

6

7

8

9

3

5

1

42

Source: Slovak Innovation and Energy Agency, www.siea.gov.sk

Development Tendencies of Individual Regions

PrevailingDevelopment Tendencies

Bratislava Trnava Trenčín Nitra Žilina Banská Bystrica Prešov Košice

ICT ü ü ü

Electronic & Optical Engineering ü ü ü

Air & Spacecraft Machinery ü ü

Chemical & Pharmaceutical Industry ü ü ü

Biotechnologies & Biomedicines ü ü ü ü ü

Automatization, Measuring & Regulation ü ü

Logistics & Transportation ü ü

Renewable Energy Resources ü ü

Ecology and Environmental Technologies ü ü ü

Energy Safety ü

Progressive Materials (glass, ceramics, textile, plastics) ü ü ü ü

Packaging Materials ü

Automotive Industry ü ü ü

Machinery Industry & Mechatronics ü ü ü

Metallurgy, Light Metals Processing and Recycling ü ü

Wood Processing Industry ü

Agriculture ü ü

Food Processing Industry and its Biotechnologies ü ü

Mining Industry ü ü

Regions

Source: Slovak Innovation and Energy Agency, www.siea.gov.sk

Why SARIO?Why SARIO?

SARIO Foreign Trade Section Services

For Foreign Company

• Tailor-made solutions for your business in Slovakia

• Assistance with meetings and itineraries arrangement and your business trip planning

• Organization of networking and matchmaking events helping you to personally get in touch with your prospective partner

• Identification of potential suppliers and subcontractors by matching your sourcing and procurement needs with the capabilities of Slovak producers

• Monitoring vacant production capacities in Slovak companies

• Communication of your co-operation proposal to suitable companies through our network of regional representatives

• Searching for suitable partners in the regions according to your conditions (networking)

• Facilitation in establishing joint ventures, production co-operation and other forms of partnership

• Background checks of companies that you consider to be your potential partners for doing business

Business Missions 20 foreign and domestic missions

Intergovernmental Committee Commissions 9 foreign and domestic events

Business Forums 11 domestic events

Matchmaking Opportunities 120 domestic and 58 foreign companies

International Fairs and Exhibitions 11 domestic and foreign participations

Joint Venture 31 foreign and domestic projects

Engineering 2010 110 companies from 9 countries

4th Slovak Matchmaking Fair 120 companies from 14 countries

2010 in figures

For Domestic Company

• Participation in international expositions and trade fairs to promote Slovakia and Slovak entrepreneurs and agencies

• Assistance to SME related to their promotion abroad at exhibitions and workshops

• Organization of business missions abroad

• Market analysis, contacts and information on foreign territories

• Searching for foreign partners for domestic companies

• On-line database and business opportunities matchmaking services

• Pro-export training center

Up to 60 Slovak companies with detailed cooperation proposals.

What will you gain through the portal?

• Access to a database of Slovak natural and legal entities and their product portfolios;

• Opportunity to list your own requirements for goods and services, co-operation, sub-contracting and investments in the portal, with each listing remaining “live” for 60 days;

• Be easily accessible to a multitude of Slovak companies that are interested in forming partnerships with you, who will in turn be able to contact you directly via your email address.

15 www.sario.sk 16www.sario.sk

Online Business Opportunities

Slovak Sourcing and Co-operation Portal Catalogue of Cooperation Activities

Database of Slovak Automotive Suppliers (Coming soon)Database of Slovak Automotive Suppliers (Coming soon)

Slovakia is among the fastest growing automotive producers in the Central & Eastern European Region and manufactures most of its automobiles for export. The database of Slovak Automotive Suppliers covers the full supplier sector and provides a transparent and unique means of searching for partners and suppliers in the automotive industry in Slovakia.

What will you gain through the database?

• Access to all main relevant automotive suppliers in Slovakia

• Quick and easy searching for new partners

Catalogue of Cooperation Activities

This is an online catalogue that offers an insight into the potential of Slovak business entities with export activities and also informs you about Slovak companies interested in economic cooperation with foreign business partners in the form of subcontracting or joint ventures. The businesses included in this catalogue are selected with a focus on machinery, automotive, chemical, and electro technical industries – sectors with a long established tradition in the country with a sufficient production and export base. This catalogue also contains sector analyses of these industries, focusing on the last development and new trends for the future.

Slovak Sourcing and Co-operation Portal

Slovak Sourcing and Cooperation Portal (the Portal) is one of the essential tools to provide operational communications and virtual information sharing on supply and demand in all industries. The Portal is working on a platform of modern information system and meets all parameters for smooth communication concepts of domestic and foreign entities (www.slovakiasourcing.com).

Through this portal, you can find:

• Suitable suppliers• New sub-contractors• Joint venture offers and other forms of

partnerships• Investment partners• Offers of available production space

Online Business Opportunities

Slovak Sourcing and Co-operation Portal figures by December 2010

Registered Companies 2366

Supplies and Demands 2282

Foreign 1733

Domestic 549

Subcontracting 297

Joint-ventures 153

Investments 171

Tenders 487

Goods 1174

Slovak Investment and Trade Development Agency (SARIO) is the government-funded agency under the administration of the Ministry of the Economy of the Slovak Republic.

SARIO’s primary objectives:

• to present Slovak business environment to both domestic and foreign target groups to increase the awareness of the name “Slovakia”

• to maximize the inflow of foreign direct investment to Slovakia via active and targeted international marketing and by supporting the construction of industrial parks

• to support foreign trade via match-making and promote demands forwarded by the commercial representatives network and by other sources as well as via subcontracting activities

SARIO has a high level of credibility internationally and domestically. The agency a network of six regional offices in Slovakia and operates worldwide through about 50 commercial representatives of the Ministry of Foreign Affairs of the Slovak Republic.

What will you gain through the catalogue?

• Possibility to find a suitable partner for your idea (opportunity to match your idea with a real project)

• Access to valuable information

Slovak Matchmaking Fair

“Slovak Matchmaking Fair” is an annual event which creates a networking platform for Slovak and foreign entrepreneurs. Each year the event enables foreign participants to see and feel the vast potential of partnering and conducting common activities with Slovak companies.

The event is attended by domestic and foreign business partners as well as representatives of trade chambers, the partnership of various organizations, associations, corporations, sub-contractor organizations and others. The main goal of the event is the presentation of sub-contractor offers for partnership, tenders, available production capacities, inquires in order to establish joint ventures and to obtain co-operation partners for Slovak companies in the various sectors of industry. Companies can gain new opportunities in the fields of engineering, automotive industry, electrical engineering, IT technologies, as well as in the processing of plastics and wood.

International Machinery Cooperation Day

International Machinery Cooperation Day – Engineering 2010 was the accompanying event of the 17th International Machinery Fair on the premises of the Exhibition Area AGROKOMPLEX, Nitra. The target of the event were the companies producing metal products and metal constructions, machines and equipment, car production, trailers, transportation equipment, technology transfer, innovation and know how. This event, the only one of its kind in Slovakia, created room for bilateral negotiations of Slovak and foreign subjects in the sector of machinery industry, profile presentation, partnership subcontracting offers, available production capacities, demands for joint-venture creation and mutual economic cooperation.

Results & Reviews of the Slovak Matchmaking Fair

2009 Results 2010 Results

Registered Companies 249 120

Slovak Companies 177 68

Foreign Companies 72 52

No. of Countries 14

B2B Meetings 609

Visitors of the Fair 439 477

from Slovakia 312 315

from abroad 127 162

Catalogue of Cooperation Activities:Valuable information at your fingertips.

Find out more about Slovak companies interested in business cooperation.

Special Projects

Regional Offices

International Machinery Cooperation Day 2010 results

Registered companies 110

Slovak companies 80

Foreign companies 30

Number of countries 14

B2B meetings 444

Bratislava and Trnava RegionMartinčekova 17821 01 BratislavaE-mail: [email protected] Trenčín RegionNámestie SNP 7911 01 TrenčínE-mail: [email protected] Nitra RegionAkademická 4949 01 NitraE-mail: [email protected] Žilina RegionHálkova 31010 01 ŽilinaE-mail: [email protected]

“Very useful information and interesting communication was possible! The timing and event location were perfect.”

(Michael Sander, SEZ AG; 2008)

“The meetings were very good, I am certain that Waipuna will now find a way to start business in Slovakia.”

(Dennis Tindall, Waipuna; 2008)

“Excellent job! We felt like at home.” (Russian participant; 2009)

“I have to say that the formula of focusing just on the trade players was, once more, totally successful. No time-wasters; all the meetings were totally matching my expectations.”

(Ettore U. Bellucci, Rena s.r.o.; 2010)

“Participation at this event gave us the opportunities to gain new business contacts as well as meet our traditional business partners.”

(Alexander Karaffa, VÝVOJ martin, a.s.; 2010)

17 www.sario.sk

Banská Bystrica RegionKuzmányho 5974 01 Banská BystricaE-mail: [email protected] Prešov RegionVajanského 10080 01 PrešovE-mail: [email protected] Košice RegionTomášikova 35040 01 KošiceE-mail: [email protected]

http://catalogue.sario.sk

mailto:bratislava%40sario.sk?subject=Trade%20with%20Slovakia

mailto:trencin%40sario.sk?subject=Trade%20with%20Slovakia

mailto:nitra%40sario.sk?subject=Trade%20with%20Slovakia

mailto:zilina%40sario.sk?subject=Trade%20with%20Slovakia

mailto:banskabystrica%40sario.sk%0D?subject=Trade%20with%20Slovakia

mailto:presov%40sario.sk?subject=Trade%20with%20Slovakia

mailto:kosice%40sario.sk?subject=Trade%20with%20Slovakia





SARIO services

SARIO services

figures ratings

ratings

business missions

business missions

business forums

business forums

business forums

joint venture

foreign trade





SARIO services

SARIO services

figures ratings

ratings

business missions

business missions

business forums

business forumsjoint venture

foreign trade




SARIO services

ratings

business forums






SARIO services

SARIO services

figures ratings

ratings

business missions

business missions

business forums

business forums

business forums

joint venture

foreign trade






SARIO services

SARIO services

figures ratings

ratings

business missions

business missions

business forums

business forums

business forums

joint venture

foreign trade

business friendly SlovakiaSARIO servicesbasic facts on slovak industries





foreign trade

ratings


basic facts on slovak industries





foreign trade

ratings


Trade with Slovakia

Slovak Investment and Trade Development Agency Martinčekova 17821 01 BratislavaSlovak Republic Tel.: +421 2 58 260 100Fax.: +421 2 58 260 109E-mail: [email protected]

www.sario.sk

mailto:sario%40sario.sk?subject=Trade%20with%20Slovakia

basic ftosnli matchmaking opportunities AvkcfikktbasvRk basic...

Documents

Transcript of basic ftosnli matchmaking opportunities AvkcfikktbasvRk basic...