Foreign Direct Investment Section
In part due to SARIO's efforts, the amount of foreign direct investments is increasing at an expanding rate. In 2008, the agency completed a total of 34 investment projects amounting to 538 million EUR, which resulted in the creation of 4624 to 4979 new jobs.
The FDI section provides comprehensive investment services and up-to-date information for potential foreign investors on the business environment through:
• Consultancy regarding legislation and tax, customs and business conditions
• Consultancy on setting up a new business
• Consultancy in the area of state aid and processing of state aid applications
• Consultancy regarding the contribution for new jobs created
• Selection and offer of new real estate and brownfields
• Setting up and coordination of meetings with representatives of the state administration and self-government bodies
• Regional analyses
• Sector analyses
• Studies of the investment environment
• Searching for appropriate suppliers
• Assistance in the creation of joint ventures between Slovak and foreign companies
The FDI section also offers a whole range of services for established investors through its Aftercare department. The following are the most frequently requested:
• Support regarding expansions, reinvestments and development of research operations
• Assistance in finding adequate industrial zones and real estate
• Consultancy regarding the drawing of state aid and joint financing of projects from structural funds of the EU
• Searching for suppliers in the region
• Support in the area of human resources
• Development of investor cooperation with high schools, universities and vocational schools
• Setting up and coordination of meetings with representatives of the state administration, self-government bodies and public institutions
• Organization of expert seminars, business meetings with representatives of the state administration and social events
• Assistance regarding the applications for work permits, visas and permanent residence for foreign citizens
• Submitting of legislation change proposals from investors to the Slovak Government and development of the Slovak investment environment
Read more about this topic: SARIO
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