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Slovakia. Country Overview Slovakia map Slovakia ► European Union Member since 2004 ► Landlocked country in Central Europe with a population of over.

Dec 16, 2015

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Page 1: Slovakia. Country Overview Slovakia map Slovakia ► European Union Member since 2004 ► Landlocked country in Central Europe with a population of over.

Slovakia

Page 2: Slovakia. Country Overview Slovakia map Slovakia ► European Union Member since 2004 ► Landlocked country in Central Europe with a population of over.

Country Overview

Page 3: Slovakia. Country Overview Slovakia map Slovakia ► European Union Member since 2004 ► Landlocked country in Central Europe with a population of over.

Slovakia map

Page 4: Slovakia. Country Overview Slovakia map Slovakia ► European Union Member since 2004 ► Landlocked country in Central Europe with a population of over.

Slovakia

► European Union Member since 2004

► Landlocked country in Central Europe with a population of over five million

► Expansion hub for Central Europe

► EU legislative convergence

► Euro currency since 1 January 2009 as the 16th member of the Eurozone

► Strong industrial and cultural tradition(although GDP comes mainly from the tertiary (services) sector, since 2007, Slovakia has been the world's largest producer

of cars per capita)

► High levels of education and training (adult literacy rate of 99%)

Page 5: Slovakia. Country Overview Slovakia map Slovakia ► European Union Member since 2004 ► Landlocked country in Central Europe with a population of over.

Slovakia– Hub

Three level tendency for a central europe hub:

1 - multinationals open subsidiary companies in order to supply local markets

2 – installed multinationals in several European markets concentrate their back office services for the central Europe (Shared Service Center), such as purchasing or accounts

3 – this approach allows SMEs to equally run their expansion in the region from one single point

Page 6: Slovakia. Country Overview Slovakia map Slovakia ► European Union Member since 2004 ► Landlocked country in Central Europe with a population of over.

Economic bilateral relations evolution

Page 7: Slovakia. Country Overview Slovakia map Slovakia ► European Union Member since 2004 ► Landlocked country in Central Europe with a population of over.

Trade

Slovakia Major Customers

Germany

Czech Republic

France

Italy

Poland

Hungary

Austria

Portugal

2005 2006 2007

% Rank % Rank % Rank

Page 8: Slovakia. Country Overview Slovakia map Slovakia ► European Union Member since 2004 ► Landlocked country in Central Europe with a population of over.

Trade

Major Slovakia Suppliers

Germany

Czech Republic

Russia

Hungary

Austria

Poland

South Korea

Portugal

2005 2006 2007

% Rank % % Rank

Page 9: Slovakia. Country Overview Slovakia map Slovakia ► European Union Member since 2004 ► Landlocked country in Central Europe with a population of over.

Slovakia Trade with Portugal

Slovakia relevance in trade fluxes with Portugal

As customer

As supplier

Source: INE – Instituto Nacional de Estatística

Rank

Rank

Page 10: Slovakia. Country Overview Slovakia map Slovakia ► European Union Member since 2004 ► Landlocked country in Central Europe with a population of over.

Business Opportunities

TRADE and PFDI*

Food and beverages (wine)

Equipment goods

Shoes and garments Construction materials

E-governmentEnvironmental technologies

Renewable energies Tourism

Franchising

* Portuguese Foreign Direct Investment

Page 11: Slovakia. Country Overview Slovakia map Slovakia ► European Union Member since 2004 ► Landlocked country in Central Europe with a population of over.

Slovakian companies with Portuguese capital

Companies SectorBanco Mais, SA. Banking

Martifer Slovakia, s.r.o Steel structuresRenewable energies

KeyPlastics Slovakia, s.r.o AutomotiveMota-Engil Slovakia, a.s. Construction

Page 12: Slovakia. Country Overview Slovakia map Slovakia ► European Union Member since 2004 ► Landlocked country in Central Europe with a population of over.

Suggestions

► Serious market research before market aproach

► Give priority to visiting companies facilities

► Strong bet on partnerships with local companies

► Adequate follow-up to previous contacts, show interest and persistence.

Page 13: Slovakia. Country Overview Slovakia map Slovakia ► European Union Member since 2004 ► Landlocked country in Central Europe with a population of over.

AICEP – Overseas Network

Page 14: Slovakia. Country Overview Slovakia map Slovakia ► European Union Member since 2004 ► Landlocked country in Central Europe with a population of over.

Madrid

Paris

Berlim

Londres

Estocolmo

Varsóvia

Moscovo

Haia

Bruxelas

ZuriqueViena

Budapeste

Praga

Copenhaga

HelsínquiaOslo

Dublin

Bucareste

Offices

Business Units

Representations

Barcelona

Milão

Ancara

Atenas

Overseas Network

Europe

Mérida

Vigo

Page 15: Slovakia. Country Overview Slovakia map Slovakia ► European Union Member since 2004 ► Landlocked country in Central Europe with a population of over.

Outside Europe

Macau

São FranciscoNova Iorque

Toronto

Cidade do México

São Paulo

Luanda

Praia

Buenos Aires

Pequim

Tóquio

Seul

Maputo

Joanesburgo

Xangai

Singapura

Rabat

Argel

Santiago do Chile

Tunes

Nova DeliDubai

Tripoli

Overseas Network

Caracas

Offices

Business Units

Representations

Page 16: Slovakia. Country Overview Slovakia map Slovakia ► European Union Member since 2004 ► Landlocked country in Central Europe with a population of over.

► 43 Countries (direct presence)

► 14 Business Units

► 19 Offices

► 17 Representations

Present situation: July 2009

Overseas Network

Page 17: Slovakia. Country Overview Slovakia map Slovakia ► European Union Member since 2004 ► Landlocked country in Central Europe with a population of over.

Promotional activities 2008

State visit - President of the Republic 1 a 5 de September 2008 (Companies/Sector):

- 4 Banking

- 4 Energy

- 8 Construction / Construction materials

- 13 Information Technologies

- 4 Tourism

- 1 Paper

- 2 Food industry

- 6 Automotive

- 3 Equipment and packaging machinery

- 1 Furniture

- 1 Health

Page 18: Slovakia. Country Overview Slovakia map Slovakia ► European Union Member since 2004 ► Landlocked country in Central Europe with a population of over.

Promotional activities 2008

State visit - President of the Republic - Participants

Banking

Energy

Construction / Construction materials

Information techology

Tourism Paper

Food industry

Automotive

Furniture

GAMETAL - Metalúrgica da

Gandarinha S.A.

Equipment and packaging machinery

Industrial Associations

Health

Page 19: Slovakia. Country Overview Slovakia map Slovakia ► European Union Member since 2004 ► Landlocked country in Central Europe with a population of over.

Maria João Veiga [email protected]