Business News

JAPTI Hosts Slovak Business Delegation

Ljubljana, 02 December (STA) - The Public Agency for Entrepreneurship and Foreign Investments (JAPTI) hosted on Wednesday a delegation of Slovak business representatives, which established contact with more than 30 companies. JAPTI director Igor Plestenjak said on the occasion that he sees plenty of room to boost cooperation.

According to the agency, Slovak companies are eager to find Slovenian partners for new projects in Slovenia and in the Western Balkans.

Plestenjak sees opportunities for deeper cooperation above all in chemical industry, alternative energy sources, IT and telecommunication, and in the food sector .

Today's visit of the Slovak delegation was a follow-up to April's visit by Prime Minister Borut Pahor and a Slovenian business delegation to Slovakia, where Slovenian companies expressed a lot of interest in cooperation.

Economic cooperation between the two countries has been improving each year. Exports to Slovakia accounted for 1.8% of Slovenia's total export last year, while the share for import was at 1.3%. According to the Statistics Office, Slovakia was Slovenia's 17th most important trade partner.

JAPTI moreover pointed out that Slovakia was among the few EU member states that recorded a rise in exports as well as imports with Slovenia last year. Export to Slovakia reached EUR 360.1m, a 15.8% increase, while imports were at EUR 308.9m, 9% more than the year before.

According to Banka Slovenije estimates, direct Slovenian investment in Slovakia was worth EUR 34.9m at the end of last year, while Slovakia pumped EUR 12.9m into the Slovenian economy.

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