HILL Country Report: Slovakia
25.10.2007 - Since Slovakia had been divided from Czech Republic in 1993, the country stayed in shadow of its bigger neighbors. However, in the last four years its economic growth has accelerated, because of necessary reforms in taxes, social care and pension system.
“Slovakia is set to become the world’s Hong Kong or Ireland.”
Steve Forbes, Forbes Magazine
In the past, two historically important routes – the Amber path and the Bohemian path – led through Slovakia. They were not only important commercial trading routes for such commodities as gold, amber and furs, they also served as communication links, which facilitated relations between various nationalities and countries. Read more >>
Slovakia is an attractive location for investors due to several reasons: Since July 2003, Slovakia has a labor code, which provides greater flexibility in working time, variable job contracts and the use of temporary workers. Read more >>
> Education, Personnel and Labor Market
Volkswagen, U.S. Steel and Samsung were among Slovakia’s top six companies by revenue in 2004. They are all satisfied in Slovakia. In 2003 Slovakia clearly showed the highest education level for a workforce in Europe: 94.1% of young people aged 20-24 attained at least upper secondary education level. Read more >>
> Competent On-site Personnel Consulting
HILL International Slovakia has been already on Slovak market more than 10 years. Services offered are based on expertise, trust and person-centered approach. Many domestic and international clients have already benefited from the knowledge, experiences and advices of the team. Read more >>
The HILL Country Report informs you on country, culture, business opportunties and labor market of an interesting market every two months. Order a free subscription here and you are going to receive the fifth issue on Bulgaria in December by e-mail.
