The Slovak Investment and Trade Development Agency (SARIO) is a government-funded allowance organization that works under the supervision of the Ministry of Economy of the Slovak Republic. SARIO’s primary objective is to improve the standard of living of Slovak citizens by increasing employment and reducing regional disparities. Mission The mission of SARIO is to promote growth and economic development, and improve the quality of life in Slovakia. Vision SARIO works actively to make the Slovak Republic a country with a well developed economy and an educated population with a high quality of life. In order to achieve these goals, SARIO utilises valuable contacts both in Slovakia and abroad. Strategic Objectives -Applying an effective framework for the support of foreign investors and increasing the portion of investors with high value-added production. -Supporting such export activities of Slovak enterprises that would significantly increase the turnover of Slovak foreign trade. -Qualified and effective administration of EU Structural Funds, which provide support for activities within the framework of Foreign Direct Investment and Foreign Trade (infrastructure development, intensification of international cooperation, and image-building of the Slovak Republic). Key Activities creating a suitable investment and “business-friendly” environment in Slovakia; supporting investment projects of domestic and foreign investors and providing all necessary ancillary services; providing consultancy and finding solutions regarding individual state aid to investors; searching for and database-creation of available premises; providing assistance as far as creation of joint-ventures between Slovak and foreign companies is concerned; assisting small and medium sized enterprises in their search for export and trade opportunities abroad; assisting local authorities, small, and medium sized enterprises with their application for EU Structural Funds’ Grants (within the jurisdiction of SARIO) and helping them with the implementation of their projects. Awards After the first international award for SARIO, the ‘European IPA Award‘ of 2003, the international prestige of foreign investment’ services delivered by the Slovak Investment and Trade Development Agency was recognized again in 2007 when SARIO won ‘Best European Investment Agency Award for High-Tech‘ at the World Investment Conference in La Baule (France).

1. Newsletter
Slovak Investment and Trade Development Agency
September / 2011
SARIO closer
to investors
More on page 9
1

2. INVESTMENT NEWS
FIĽAKOVO CONFIRMED
T
he limited liability Dometic Group, plans to a new product. The Slovak
company Dometic create 450 to 500 new jobs Agency for Investment
Slovakia, which is in Filakovo in southern and Trade Development
part of the Swedish world- Slovakia. The company (SARIO) helped to
leading provider of leisure has decided to extend its accomplish Domestic Group’s
products for the caravan, production of caravans and investment in Slovakia.
motor home, automotive, yacht accessories in Slovakia
truck and marine markets and launch production of
2

3. INVESTMENT NEWS
MORE TV SETS
The No. 3 TV set manufacturer in Slovakia, Universal Media Corporation
(UMC) Slovakia, is planning to open 200 new jobs and double its output.
I
ts installation in Nove of new contracts. “We produce TV sets in Slovakia,”
Mesto nad Vahom are in the final stage of said UMC Slovakia’s Vice-
makes use of changes on talks with two renowned President, Aslan Khabliev.
international markets and Japanese companies, for
is very close to conclusion which we are expected to
3

4. INVESTMENT NEWS
EXPANSION
IN THE EAST
Austrian logistics company Nothegger
is building its second center in Slovakia
between the municipalities of Klcov
and Spissky Hrhov near Levoca.
T
he investor will during the second stage.
spend EUR 200,000 Construction work will be
on 230-square meter completed in August 2012.
storage facility in the first The company has not yet
stage. Another 1-million-euro disclosed the number of new
building stretching on 1,000 jobs the project will create.
square meters will be added
4

5. INVESTIMENT NEWS
NEW
JOBS
T
he company
ArcelorMittal Tailored
Blanks Senica plans
constructing a EUR 15
million factory in the
Senica industrial park,
creating 70 new jobs.
T
he limited liability
company Webasto
- Edscha Cabrio
Slovakia will build a new
production plant worth EUR
13 million in Velky Meder.
The facility is expected to
give work to 300 people.
5

6. ECONOMY NEWS
NEW PLAYERS WITH GAS
New players are
mushrooming on the J &T plans to join the
competition for households
via the company United
to families as of January
1, 2012. Another fledgling
on the given market is the
gas supply market Energy Trading. They should firm Europe Easy Energy.
in Slovakia. start supplying electricity
6

7. ECONOMY NEWS
SLOVAKIA WITHOUT
POLITICIANS
Slovakia would look completely different if it
was governed not by politicians but by experts.
C
hristmas pensions of ministries exceed the sale of superfluous property.
only for the poorest means of the state budget. “Their adoption would not
pensioners, a unified 20 Two weeks ago the sum have a significant impact
% VAT rate, fewer offices and they required stood at EUR on the economy or the
state chalets – these changes 2.5 billion but for now they consumption of households,”
could direct hundreds of slashed it to EUR 1.6 billion. Radovan Durana of the
millions of euros to the state Experts, however, prefer INESS institute elaborated.
coffers, according to several spending cuts, cancellation
addressed analysts. Demands or merger of offices and the
7

8. SARIO NEWS
INVESTMENT ROADSHOW
IN GERMANY
SARIO presented our country in the Federal Republic of Germany.
SARIO in cooperation with the Ministry of Economy of the SR
prepared a series of investment seminars and individual meetings.
T
he investment seminars German businessmen them into future projects, „
program included appreciated the plans to R.Šimončič, CEO SARIO said.
as well speeches remove administrative
of established foreign burdens for businesses.
investors in Slovakia who Germany is the most
presented their first hand important business partner
experience with Slovak „Slovakia is predestined to of Slovakia and it is also
business environment. become the center of the the country of origin of the
subcontracting system for largest volume of investment.
the automotive industry Moreover Germany leads
SARIO showcased Slovakia because of its coverage in our the ranking of investors
as a country suitable for and neighboring countries. with finalized projects that
other forms investments I am glad that news signals were established in Slovakia
not only in the automotive are coming from German thanks to SARIO assistance
industry but especially in investors and I believe that
the subcontracting sector. SARIO will be able to turn
8

9. SARIO NEWS
SARIO CLOSER
TO INVESTORS
SARIO will get closer
T
“The aim of the Corporate he latest trend
Development is the support in the foreign
to the investors. The of successful and satisfied direct investment
agency is reinforcing investors in order to secure development shows that the
its support to further expansion projects. established foreign investors
I believe that our partners have good experience with
the investors. will appreciate our effort Slovakia; they appreciate its
to offer the added value. effort to simplify and improve
S
ince the expansions I am sure that we are the business environment.
of established foreign getting closer to our aim SARIO will provide under the
companies form one – to turn SARIO into the „Corporate Development“
third of the total volume of gateway for the investment the established foreign
its projects and this trend of influx to Slovakia”, Robert investors with the individual
growing expansions share in Šimončič, SARIO CEO said. client service free of charge.
the total number of finished
projects will be increasing.
Our services:
9

10. UPCOMING EVENTS
Business Friendly
Slovakia
Seminar
Are you Agenda
• Interested to expand or 09:30 - 10:00 Registration and refreshment
become a supplier 10:00 - 10:05 Official Opening
Ján A. Havelka, SARIO CEO Advisor
of reputable companies?
10:05 - 10:25 Welcome Speech
• Curious about KIA´s success Róbert Šimončič, CEO SARIO
story and its future plans? 10:25 - 10:45 Keynote: KIA - Why Slovakia?
Dušan Dvořák, Senior manager PR,
KIA Motors Slovakia
• Looking for first hand
information about doing 10:45 - 11:05 Our story of a successful supplier
Matúš Kuzmiak, Legal Specialist,
business in Slovakia? Mobis Slovakia
11:05 - 11:20 Introduction to ISA (Investment
Business Friendly Slovakia Support Association)
Seminar is here for you! 11:20 - 11:40 Czech and Slovak business
environment
Michal Toman, Consultant,
PricewaterhouseCoopers Slovensko
Thursday, October 6, 2011 11:40 - 12:00 Finance your business plan
Fabio Bini, Head of International
9:30 - 12:00 a.m. Desk, Unicredit Bank Slovakia
Pavillion P, hall P3 12:00 - 12:15 Q&A
More information: http://www.sario.sk/?business-friendly-slovakia-brno
10

11. 11

12. UPCOMING EVENTS
5th Slovak
Matchmaking Fair
22nd November 2011, Holiday Inn, Žilina, Slovakia
Auspices: The Ministry of Economy of the Slovak Republic
Partner region: Žilina Region, represented by
Self-governing Region Žilina
SARIO has the pleasure to invite you to an
international matchmaking event, which
offers a unique opportunity to meet under
one roof the representatives of companies
from Slovakia and other countries active in
your industry sector in order to find new
suppliers through bilateral negotiations and
your new business partners.
Focusing on presentation of:
- bilateral negotiations between local and
foreign business subjects
- subcontracting offers
- partnership
- tenders
- available production capacities
- joint-venture proposals
This event is designed for the professionals
from engineering, automotive,
electrotechnics, chemical, wood, energy
and IT.
12

13. E-mail: marketing@sario.sk
Web: www.sario.sk
Upozornenie:
Tento Newsletter neposkytuje záväzné právne stanoviská. SARIO nenesie zodpovednosť za škodu
spôsobenú nesprávnym použitím informácií na nej uvedených.
Zdroj použitých obrázkov: archív SARIO, stock.XCHNG, istockphoto