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Strategic Position

Geographically, Slovakia is at the very centre of Europe, with a combined market potential of over 350 million people in the surrounding area. Several principal transport routes (road, rail and river) as well as oil and gas pipelines cross the territory of Slovakia east and west, and north and south. As a result Slovakia has become a strategic hub within Central and Eastern Europe, and a gateway to the east and the emerging economies of Russia and the Ukraine. This position has been one of the key reasons for Greenfield investment in Slovakia as well as historical and ongoing investment in transport infrastructure.

Membership in International Organisations

Slovakia is both an OECD and WTO member. In 2004, Slovakia became a full member of both the EU and NATO. 90% of Slovak exports are to OECD countries.

Slovakia was the first Visegrad country to qualify for the Eurozone with euro adoption from 1 January 2009 at the official conversion rate 30.1260 SKK/EUR.

Visegrad 4 is a group including Slovakia, Hungary, Poland and Czech Republic, formed in 1991 to re-establish cooperation between these four states in order to further the process of European integration. Slovakia entered the ERM II in November 2005.

Industrial Traditions

Slovakia prides itself on its industrial heritage which has provided a stable base for the further development of certain key sectors such as electro-technology, automotive, engineering and wood processing. Recent new developments have been observed in medical and information technology related services.

Alcatel

Gaz de France

Panasonic

Ballymore

IKEA

PSA Peugeot

DELL

Heineken

Motorola

Delphi

Hewlett Packard

Orange

Deutsche Telecom

Immoeast

O2

EdF

Johnson Controls

Rodamco

Emerson Electric

KIA

RWE

EON

Lenovo

Samsung

Over the last 5-6 years, a large number of the key global corporate players covering a wide range of sectors have targeted Slovakia for investment making Slovakia

Success Stories

Siemens Sony Tesco US Steel Volkswagen Whirpool

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©2010 KPMG Slovensko spol. s r.o. , a Slovak limited liability company and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

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