Business News

Slovenian Business Delegation Visiting Germany

Ljubljana/Frankfurt, 15 June (STA) - A Slovenian business delegation will start a two-day visit to Germany on Tuesday. Representatives of ten Slovenian companies will present the Slovenian economy at a conference in Frankfurt and attend the OPTATEC international trade fair for future optical technologies, components, systems and manufacturing.

The visit, aimed at further boosting economic cooperation between Slovenia and Germany, is organised by the Public Agency for Entrepreneurship and Foreign Investments (JAPTI) and the Chamber of Commerce and Industry (GZS).

The members of the delegation will thus also hold a number of bilateral meetings with German business officials, the GZS said in a press release on Monday.

Germany, as the largest economy in Europe, is Slovenia's most important foreign trade partner.

Trade between the countries reached its highest level in 2008 with EUR 8.2bn, but although it fell by 35% in 2009 due to the crisis, cooperation remains tight, the press release reads.

Slovenia's exports to Germany comprise mostly of cars, seats and their parts, household appliances and car parts and tools.

Imports meanwhile mostly include over-the-counter medicines, cars, car parts and tools, and scrap iron and steel.

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