Eastern Slovakia THE RIGHT PLACE for your INVESTMENT 2017
CONTENTS FOREWORD SLOVAKIA AT A GLANCE 6 FACTS 7 WHY INVEST IN SLOVAKIA 8 SLOVAK ECONOMY MACROECONOMIC DATA WHY EASTERN SLOVAKIA 12 EAST SLOVAKIA - THE HEART OF EUROPE 12 WELCOME TO THE HEART OF EUROPE 14 ADMINISTRATIVE DIVISIONS OF THE REGION 16 REGIONAL ACCESSIBILITY 16 ROAD TRANSPORT 18 RAIL TRANSPORT 20 AIR TRANSPORT 22 LABOUR FORCE 22 A YOUNG REGION 24 THE AGE STRUCTURE OF INHABITANTS 26 ECONOMY OF THE REGION 28 THE NUMBER OF UNEMPLOYED PEOPLE 30 AVERAGE GROSS PAY 32 ECONOMY OF THE REGION 32 REGIONAL COMPARISONS 34 RISING INVESTMENTS 38 RAPID GROWTH OF PRODUCTIVITY 40 LABOUR COSTS 42 AVERAGE GROSS MONTHLY EARNINGS INNOVATION POTENTIAL 46 FACT & FIGURES 50 EDUCATION 50 UNIVERSITIES 56 SCIENCE AND RESEARCH 58 REGIONAL INCUBATORS AND CLUSTERS 59 SLOVAK ACADEMY OF SCIENCES INSTITUTES BASED IN KOŠICE 60 INNOVATION AND RESEARCH POTENTIAL OF UNIVERSITIES 62 CREATIVE ECONOMY 62 CREATIVE INDUSTRY KOŠICE (CIKE) 64 TABAČKA KULTURFABRIK 66 KASÁRNE KULTURPARK INDUSTRIES 70 INDUSTRY STRUCTURE 70 FACTS & FIGURES 72 AUTOMOTIVE ON THE RISE 74 MECHANICAL ENGINEERING 76 AUTOMOTIVE 78 METALLURGICAL INDUSTRY 80 ICT 82 ENERGY INDUSTRIES & WASTE MANAGEMENT 84 FOOD INDUSTRY 86 CHEMICAL & PHARMACEUTICAL INDUSTRY 88 ELECTRICAL ENGINEERING 90 CONSTRUCTION 92 WOOD PROCESSING & THE PAPER INDUSTRY INVESTMENT AID IN SLOVAKIA 96 REGIONAL AID 96 FACTS & FIGURES 96 INDUSTRY 98 TECHNOLOGICAL CENTRES 98 CONTRIBUTIONS FOR NEW JOBS 100 AID INTENSITY REAL ESTATE & LOCATIONS 104 SLOVAKIA REAL ESTATE & LOCATIONS 106 INDUSTRIAL PREMISES 108 EASTERN SLOVAKIA REAL ESTATE & LOCATIONS 108 PRICE MAP 110 GREEN FIELDS 112 BROWN FIELDS HEALTH CARE 116 FACTS & FIGURES 118 SPECIALISED FACILITIES TOURISM AND LEISURE TIME 124 FACTS & FIGURES 128 DESTINATIONS 128 UNESCO 132 NATURE 132 TOP 10 NATURAL GEMS 134 CULTURE 134 TOP 10 CULTURAL EVENTS 136 SPORTS 136 TOP 10 SPORTS TIPS 138 RELAXATION 138 TOP 10 WELLNESS TIPS 140 HISTORY 140 TOP HISTORICAL SIGHTS
FOREWORD East Slovakia is known for being an old crossroad of merchants, craftsmen and intellectuals in the heart of Europe. For many years, important trade routes running from north to south and from east to west shaped not only the area but also its habitants. Even today we can see a mixture of religions, nationalities and cultures in the region: Slovaks, Hungarians, Germans, Poles, Ruthenians and many others live here together. Dear Readers, the long-awaited second issue of the East Slovakia Investment Guide (ESIG) has finally arrived. Our goal is to bring you the latest news and information about the region, making Eastern Slovakia more visible to both visitors and investors. Packed with information, our investment guide contains a comprehensive overview supported by specific data, graphs, and images of the selected region, as well as Slovakia as such. Although ESIG is published as a print guide, the accompanying website is regularly updated to bring you the latest news from and about the region of East Slovakia. Východoslovenská investičná agentúra (VIA; Eastern Slovakia investment agency ) seeks to support the development in the region, eliminating regional differences and facilitating synergies among its members as well as other initiatives in the region. The projects presented by the Agency focus on building the region s good reputation, providing information to potential investors and visitors to the region, and creating room for new investments and cooperation. I hope you find the information contained in the latest issue of ESIG 2017 helpful when making decisions about your investments or visits to these parts of the European Union. We appreciate your interest in this region and we are always ready to assist you. We will be happy to see you in our region the region of Eastern Slovakia. Peter Cacara Chairman of the Board of Directors East Slovakia Investment Agency
Slovakia at a Glance
Slovakia at a Glance FACTS Slovakia has been the land of excellent investment opportunities for three decades now. The country offers a highly reliable and qualified workforce, a truly European entrepreneurial environment, and a strategic location in the heart of Europe. Having attracted a great number of successful investments over the last couple of decades, Slovakia is now more open than ever to new projects in just about any sector. Official Name: Slovak Republic Area: 49 034 km2 Population: 5.4 million Capital: Bratislava Regions: Bratislava, Trnava, Trenčín, Nitra, Žilina, Banská Bystrica, Prešov, Košice Membership: GDP per capita EU, Eurozone, Schengen, OECD, WTO, NATO Currency: Euro (as of 1 January 2009) Time zone: UTC + 1 Government: Parliamentary republic Official language: Slovak Electoral system: Proportional representation Electoral term: 4 years International ports Bratislava, Komárno (inland) International airports Bratislava, Košice, Poprad 250 km 14 910 GDP source: International Monetary Fund, 2016 6 500 km
WHY INVEST IN SLOVAKIA 1 The country s political and economic stability makes for a safe environment for investments. 2 A favourable geographic location at the heart of Europe potential of up to 350 million customers in a 1,000 kilometre radius. 3 The fastest growing Eurozone member. 4 Central and Eastern Europe (CEE) leadership in Doing Business for 10 years in a row (2002 2013) 5 CEE leadership in Physical Property Rights Protection. CEE leadership in labour productivity and a place among the TOP 10 hard-working countries (according to OECD surveys). 6 7 The country s labour force is highly adaptable to different business cultures and management styles. Worldwide No. 9 in adapting to new technologies and high innovation potential. 8 9 Slovakia uses the Euro as the official currency unlike many other CEE countries. 10 Attractive investment incentives.
Slovakia at a Glance SLOVAK ECONOMY MACROECONOMIC DATA Having successfully got over the recent financial crisis, Slovakia is now picking up on its excellent macroeconomic performance of the pre-2008 period, currently ranking among Europe s leaders in economic growth. Positive developments are also expected in the years to come, especially with the increasing international and domestic demand and the recent growth in the automotive industry. 2010 2011 2012 2013 2014 2015 2016 2017 GDP in billions ( ) 65.91 68.97 71.10 72.13 74.66 76.52 79.20 81.18 Actual GDP growth in % Inflation (HICP) in % Unemployment rate in % Export in billions ( ) 4.00 3.30 3.40 0.90 2.40 3.60 3.60 3.10 0.70 3.90 3.60 1.50 0.10-0.30 1.60 1.20 12.50 13.20 14.00 14.20 13.10 10.60 12.20 7.35 48.27 56.40 68.30 64.40 64.80 67.90 70.10 Slovakia s rating: Country Standard & Poor s Moody s Fitch Slovakia A+ Stable A2 Stable A+ Stable Hungary BBB Stable Baa3 Stable BBB- Stable Poland BBB+ Stable A2 Negative A Stable Czech Republic AA Stable A1 Stable A1+ Stable Source: KPMG, Investment in Slovakia 2017 Source: National Bank of Slovakia: Expected economic development in 2017, Statistical Office of the Slovak Republic, euroekonom.sk 8
Why Eastern Slovakia
Why Eastern Slovakia EAST SLOVAKIA THE HEART OF EUROPE WELCOME TO THE HEART OF EUROPE Distances from Some of European cities in km Eastern Slovakia, once the historic crossroads of Gothic and commercial trade routes, lies only 200 kilometres from the geographical centre of Europe, located at Kremnické Bane, in Slovakia. The region covers approximately one-third of the area of Slovakia, and the fact that its highest and lowest geographical points are separated by nearly 2,600 metres of elevation is testimony to the natural divisions and diversity of the landscape. Accept this invitation to the region, where today people live in the pulsating present and do so in harmony with the lovely nature that surrounds their homes. Geographically, Slovakia is one of the most conveniently situated countries. Located in the centre of Europe, Slovakia is predestined to excellence in terms of both tourism and business as it lies on a crossroads of European significance. Thanks to Slovakia s rich and growing infrastructure, the whole European Union is at its reach, let alone the Eastern European countries and Russia. City Country Distance Budapest Hungary 260 Bratislava Slovakia 407 Warsaw Poland 471 Vienna Austria 486 Prague Czech Republic 661 Berlin Germany 848 Kiev Ukraine 875 Rome Italy 1 496 Brussels Belgium 1 558 Moscow Russia 1 564 Paris France 1 690 Athens Greece 1 727 London United Kingdom 1 887 Oslo Norway 1 898 Stockholm Sweden 1 948 Madrid Spain 2 804 Slovakia is at a stone s throw not only from the capitals of the neighbouring countries Budapest, Warsaw but also from a number of cities and locations of historical and commercial importance Miskolc, Uzhgorod, Kraków. 12
Why Eastern Slovakia EAST SLOVAKIA THE HEART OF EUROPE ADMINISTRATIVE DIVISIONS OF THE REGION Eastern Slovakia More than 1.6 million residents of Eastern Slovakia live in 1,105 towns and villages of the Prešov and Košice subregions, which are further divided administratively into 24 districts. Local village and town administrations are supplemented by the offices and competencies of the Košice and Prešov Self-governing Regions. The capital cities of the two regions are connected by a motorway, which also extends westwards. It only takes 15 minutes from one city to the other. Each region falls under its own self-government body, which is mainly responsible for health care, education, transport, social services, and a number of other areas of life in the region. 2 regions 24 districts 1105 towns and villages Kosice Self-governing Region (population) 795 565 Presov Self-governing Region (population) 819 977 Source: Statistical office of the Slovak Republic, 2011 MAP WITH DISTRICTS OF EASTERN SLOVAKIA Prešov (PO) Self-governing Region Košice (KE) Self-governing Region Košice Surroundings 14
Population - 6 largest cities Eastern Slovakia 1.615 542 52 316 90 187 34 186 37 707 39 510 239 464
Why Eastern Slovakia REGIONAL ACCESSIBILITY ROAD TRANSPORT Transit - Eastern Slovakia Eastern Slovakia has a fairly developed and constantly growing infrastructure of motorways, dual carriageways, and roads of European significance. In the near future, the region will see motorway bypasses around Prešov and Košice (extended towards Ukraine), which are currently under construction. The city of Košice is directly connected to the Hungarian border by motorway (the Milhosť Tornyosnémeti border crossing). The Prešov region borders with Poland (the main border crossing for haulage and passenger transport being at Vyšný Komárnik - Barwinek) and Ukraine (the main border crossing for passenger transport being at Ubľa Malyj Bereznyj). The Košice region borders with Ukraine (the main border crossing for haulage being at Vyšné Nemecké Užhorod) and Hungary (the main border crossings for haulage and passenger transport being at Milhosť Tornyosnémeti and Slovenské Nové Mesto Sátoraljaújhely). SLOVAKIA POLAND Tatranská Javorina Lysá Poľana up to 7.5 t Podspády Jurgów up to 7.5 t Lysá nad Dunajcom Niedzica up to 7.5 t Mníšek nad Popradom Piwniczna up to 3.5 t Čirč Leluchów up to 7.5 t Kurov Muszynka up to 7.5 t Becherov Konieczna up to 7.5 t Vyšný Komárnik Barwinek unlimited Palota Lupków up to 7.5 t SLOVAKIA UKRAINE Vyšné Nemecké Užhorod unlimited Ubľa Malyj Bereznyj up to 3.5 t SLOVAKIA HUNGARY Domica Aggtelek personal including BUS Hosťovce Tornanádaska personal including BUS Milhosť Tornyosnémeti unlimited Slovenské Nové Mesto Sátoraljaújhely unlimited Veľký Kamenec Pácin personal including BUS Source: http://www.stellacentrum.sk 16
POLAND CZECH REPUBLIC 5531 KM ROADS UKRAINE HUNGARY AUSTRIA HIGHWAYS EXPRESSWAYS HIGHWAYS EXPRESSWAYS UNDER CONSTRUCTION PLANNED HIGHWAYS EXPRESSWAYS ROADS Source: National Motorway Company TRANSIT UP TO 7.5 T TRANSIT UP TO 3.5 T TRANSIT UNLIMITED TRANSIT PERSONAL INCLUDING BUS Source: http://www.stellacentrum.sk
Why Eastern Slovakia REGIONAL ACCESSIBILITY RAIL TRANSPORT Railway Lines in Eastern Slovakia There are several railway passengers companies, both state and private owned, that offer transport to many European cities, such as Paris, Berlin, Prague, Warsaw, Budapest, Kiev, Moscow, Vienna and many others, some of them with direct access. Railway freight transport is a significant carrier of raw materials and products. One of the most important crossings of railway transfer is located in south-eastern Slovakia Čierna nad Tisou, which enables to transport goods and materials from Russia, Ukraine and Asian countries to the West of the Europe. The railway connection with Budapest and Bratislava allows goods to be transported by ship transport on the Danube river. RAILWAY LINES BY AGREEMENT AGTC TRACK GAUGE 1435 MM REGIONAL RAILWAY NETWORK TRACK GAUGE 1435 MM CONTAINER TERMINALS GOODS BORDER CROSSING AGTC Source: Intermodal Transport Plaveč Haniska Maťovce Čaňa Dobrá Čierna nad Tisou WIDE GAUGE RAILWAY LINE TRACK GAUGE 1520 MM TRANSHIPMENT STATION Source: http://www.zscargo.sk of goods from eastern countries are processed through this station. 18
Wide-gauge railway line Railway freight transport is a significant carrier of raw materials and products of the business sector. Uzhgorod - Haniska railway line is a wide-gauge railway line from Uzhgorod to Haniska in Košice, which was built mainly for the transport of iron ore to the former VSŽ (nowadays U.S. Steel). Uzhgorod - Haniska railway line starts in Uzhgorod, Ukraine, and after 8 kilometers, enters the territory of the Slovak Republic and after 2 more kilometers enters the Maťovce railway station. The track continues in parallel with the normal track from Veľké Kapušany via Trebišov. In the village of Kalša it joins the two-track route from Čierna nad Tisou to Košice, it passes along the village of Barca and ends in Haniska, where a depot was built for the needs of a wide-gauge railway. In 1978, the track was additionally electrified throughout the section with a single-track traction system of 3 kv. Maximum speed there is set to 60km/h. The minimal radius is 400 m and the total length of the railway is 87 km. The maximal weight of trains is almost 4500 tons.
Why Eastern Slovakia REGIONAL ACCESSIBILITY AIR TRANSPORT There are a couple of international airports in Eastern Slovakia, namely in Košice and Poprad Tatry. The smaller of the two, Poprad Tatry Airport is particularly important for tourists travelling to the Tatra Mountains. The Košice airport has recently seen a boom in the numbers of connections, destinations, and passengers. At the moment, the airport offers direct flights to the following cities: Bratislava (Czech Airlines) Cologne (Wizz Air) Tel Aviv (Wizz Air) Doncaster Sheffield (Wizz Air) Istanbul Ataturk (Turkish Airlines) Kiev (Czech Airlines) London Luton (Wizz Air) Prague (Czech Airlines) Warsaw (LOT Polish Airlines) Vienna (Austrian Airlines) DONCASTER SHEFFIELD WARSAW LONDON LUTON KIEV COLOGNE PRAGUE KOŠICE VIENNA BRATISLAVA ISTANBUL ATATURK TEL AVIV 20 Israel
Thanks to these direct flights to important transport hubs, passengers only need to transfer once to get to almost all destinations around the world. Number of passengers transported via Košice Airport: 266 143 235 754 237 165 356 750 410 449 436 696 484 733 2011 2012 2013 2014 2015 2016 2017* Source: Košice Airport *An estimate based on the 11% year-on-year increase in the number of passengers in the first half of 2017
Why Eastern Slovakia LABOUR FORCE A YOUNG REGION Often called workforce, people willing to work are essential to every economy and entrepreneurship. Europe has recently seen a dropping number of young people, the continent getting progressively older. Slovakia is a country of young people, as shown in the graph below. We are the only country on the list to have an ageing index that is lower than 100, which means that Slovakia still has a higher number of inhabitants under 14 compared to those over 65. Although it does not have the highest number of inhabitants in the preworking age group, Slovakia has the lowest number of inhabitants of post-working age and the greatest number of inhabitants of working age. Age structure of the Central European population and EU average 28 in % EU-28 Czech Republic Hungary Poland Slovakia 0 14 YEARS OLD 15.6 15.4 14.5 15 15.3 15 64 YEARS OLD 65.3 66.2 67.2 69.1 70.2 65 YEARS OLD OR OVER 19.2 18.3 18.3 16 14.4 AGEING INDEX OWN COMPUTATION Source: Eurostat 123 119 126 107 94 Age structure Slovakia 22
Why Eastern Slovakia LABOUR FORCE THE AGE STRUCTURE OF INHABITANTS What is more, in terms of inhabitant age structure, the regions of East Slovakia are not only younger than the rest of the country, but well below the EU average, which is excellent in terms of future workforce and East Slovakia s competitiveness. Ageing index in Eastern Slovakia comapred to Slovak Republic ageing index PO KE Eastern Slovakia Slovakia 72.69 80.38 76.54 96.96 70.12 77.46 73.79 94.22 67.47 74.51 70.99 91.17 64.77 71.50 68.14 88.34 62.19 68.68 65.44 85.51 Source: Statistical Office of the Slovak Republic 100 80 60 40 20 0 2012 2013 2014 2015 2016 2012 2013 2014 2015 2016 2012 2013 2014 2015 2016 2012 2013 2014 2015 2016 PO KE Eastern Slovakia Slovakia 24
The total number of inhabitants working in Slovakia is 2,512,700, which represents 91.3 per cent of all economically active inhabitants. Compared to the year 2008, the number of economically active Slovak inhabitants in 2016 was higher by 2.5% in Eastern Slovakia alone, there was an increase of 6.2% in the same period. Number of economically active inhabitants in thousands 800 700 2012 2013 2014 2015 2016 Eastern Slovakia Slovakia Eastern Slovakia 2 758 770 2 738 771 2 722 769 2 715 767 2 706 759 Source: Statistical Office of the Slovak Republic
Why Eastern Slovakia LABOUR FORCE ECONOMICALLY ACTIVE POPULATION Over the last 8 years, the number of economically active inhabitants with university degree in Eastern Slovakia has risen by up to 64%, which is the greatest increase in terms of all levels of educational. Another positive fact is that the number of economically active inhabitants with lower secondary education has dropped by 20%, which goes to show that Eastern Slovakia is now much more qualified than it used to be. 800 700 600 500 Economically active population by education in thousands - Eastern Slovakia Total - Eastern Slovakia Elementary or no education Lower secondary education Full secondary education University education 770 57 208 349 156 771 61 207 346 157 769 55 223 337 153 767 57 259 319 132 759 64 252 317 126 400 300 200 100 0 2012 2013 Source: Statistical Office of the Slovak Republic Total - Eastern Slovakia Elementary or no education Lower secondary education Full secondary education University education 2014 2015 2016 2012 2013 2014 2015 2016 2012 2013 2014 2015 2016 2012 2013 2014 2015 2016 2012 2013 2014 2015 2016 26
Why Eastern Slovakia LABOUR FORCE THE NUMBER OF UNEMPLOYED PEOPLE Although the rising number of educated people usually comes with greater employment potential, there are still around 10,000 people who are unemployed despite the fact that they are all university educated and willing to work in their home region. 120 100 80 60 Unemployed by education in thousands - Eastern Slovakia 2012 2013 2014 2015 2016 Total - Eastern Slovakia 144 142 128 116 101 Elementary or no education 36 29 29 31 25 Lower secondary education 47 50 44 34 28 Full secondary education 47 48 41 39 38 University education 14 15 13 12 10 Source: Statistical Office of the Slovak Republic 40 20 0 2016 28
Why Eastern Slovakia LABOUR FORCE AVERAGE GROSS PAY Needless to say, these people are willing to work for lower wages compared to people living in other regions because the costs of living in East Slovakia are comparatively lower. 1000 800 Average gross pay in SR PO KE 1 044 833 986 997 800 947 964 771 925 912 736 883 888 718 853 Source: Statistical Office of the Slovak Republic 600 400 200 0 2012 2013 2014 2015 2016 2012 2013 2014 2015 2016 2012 2013 2014 2015 2016 SR PO KE 30
Most people almost 86,000 in total work in industrial sectors. Employees based on their economic activity and workplace type in enterprises with more than 20 employees. Note that the table does not include selfemployed individuals or enterprises employing fewer than 20 people. 2015 SR Eastern Slovakia Together 1 411 200 314 750 Agriculture, forestry and fisheries 37 428 8 737 Industry together 393 901 85 373 Construction 57 223 14 066 Wholesale and retail trade 200 641 39 456 Transport and storage 98 705 22 463 Information and communication 37 166 6 570 Financial and insurance activities 30 517 3 719 Professional, scientific and technical activities 59 033 6 747 Health, Social Assistance, Education and Public Administration 362 958 99 420 Other activities 133 628 28 199 Source: Statistical Office of the Slovak Republic
Why Eastern Slovakia ECONOMY OF THE REGION REGIONAL COMPARISONS The Eastern Slovakia region is located in a common space with other territorial units of the European Union, as defined according to the NUTS 2 classification. With comparisons of their basic economic parameters, we can see that the potential of Eastern Slovakia for further development is undisputed. A comparison of regional differences is among the declared goals of all economies of the new member countries of the European Union. The following graph demonstrates the standing of the individual surrounding regions in comparison with the Slovakia. Gross domestic product (GDP) at current market prices by NUTS 2 regions (EUR/ Inhabitant) Észak- Magyarország Source Eurostat Észak- Alföld Małopolskie Podkarpackie Central Slovakia Eastern Slovakia Slovakia 7 300 7 000 10 100 7 900 7 900 10 100 78 686 6 700 6 800 9 500 7 600 11 100 9 600 75 946 6 300 6 500 9 100 7 300 10 800 9 300 74 170 6 000 6 500 8 900 7 100 10 600 9 200 72 704 6 100 6 600 8 800 6 900 10 300 8 900 70 627 5 900 6 200 8 200 6 500 10 000 8 500 67 577 32
POLAND 12000 10000 8000 2010 2011 2012 2013 2014 2015 CZECH REPUBLIC Stredné Slovensko (SS) Slovakia Wojewódstwo Małopolskie (WM) Poland Wojewódstwo Podkarpackie (WP) Poland Východné Slovensko (VS) Slovakia UKRAINE 6000 4000 SLOVAKIA Észak-Magyarország (EM) Hungary Észak-Alföld (EA) Hungary 2000 0 Észak-Magyarország Észak-Alföld Małopolskie Podkarpackie Central Slovakia Eastern Slovakia HUNGARY ROMANIA
Why Eastern Slovakia ECONOMY OF THE REGION RISING INVESTMENTS The conditions of doing business in Eastern Slovakia reflect the economic reforms which have taken place in Slovakia and were anchored in the relevant legislative standards. Aside from the Ease of Doing Business index, which we discuss in another chapter, they tell about the dynamic events and certain other parameters, including the growth of foreign direct investments or the growing number of business entities. The Number of Legal Units in the Private Sector Eastern Slovakia Legal units together 2016 2015 2014 2013 2012 2011 2010 45 383 41 767 54 664 50 965 47 943 45 574 42 905 0 10000 20000 30000 40000 50000 60000 Source: Statistical office of the Slovak Republic 34
Why Eastern Slovakia ECONOMY OF THE REGION RISING INVESTMENTS A positive trend in the tide of foreign direct investment was also expressed in the growth in the number of companies with foreign participation. Since 2009 their number has grown by 56 %. Investments from Germany, the USA, Italy and other countries have been aimed specifically at the Automotive, Mechanical Engineering, Metallurgical Industry, ICT sectors. Here are the Top 25 source countries of foreign investments in Slovakia Country Number of companies Owned share in EUR Czech Republic 9 591 2 356 600 292 Hungary 9 391 1 010 909 019 Austria 3 803 1 562 015 341 Germany 2 402 1 836 538 730 Italy 2 078 1 730 354 257 Poland 1 553 76 424 594 Ukraine 1 488 19 244 099 Russia 1 014 25 041 084 Great Britain 988 375 424 952 United States of America 963 565 125 284 Netherlands 940 5 174 636 674 Romania 890 10 900 939 Cyprus 797 1 793 041 909 France 651 463 854 213 Switzerland 610 365 380 228 Belgium 606 514 274 067 China 481 17 204 533 Luxemburg 362 1 824 433 677 Slovenia 332 13 282 355 Spain 261 193 664 780 Bulgaria 254 3 723 818 Republic of Seychelles 240 5 976 355 Croatia 229 6 157 416 Iran 217 2 060 703 Serbia 191 1 976 937 Source: Bisnode 36
Why Eastern Slovakia ECONOMY OF THE REGION RAPID GROWTH OF PRODUCTIVITY We can demonstrate the gradual growth of economic output of the region of Eastern Slovakia with indicators for the creation of GDP and growth in labour productivity. During the five-year period from 2009 2015 Gross domestic product grew in the region by 23.8 % and at the end of 2014 achieved a value of 10 100 per capita in current prices. Slovakia and its regions rank among the leaders in the countries of Central Europe in comparisons of labour productivity. In industry, which is the crucial economic sector in Eastern Slovakia, growth in this parameter was by 30 % over a period of five years. 10 8 6 Growth of GDP among European Regions 2013 2014 2015 Észak-Magyarország 5.00 6.35 8.96 Észak-Alföld 0.00 4.62 2.94 Małopolskie 2.25 4.40 6.32 Podkarpackie 2.82 4.11 3.95 Central Slovakia 1.89 2.78 4.50 Eastern Slovakia 1.09 3.23 5.21 Slovakia 2.02 2.39 3.61 Source: Eurostat 2013 2014 2015 4 2 0 38
Labor productivity from revenues for own outputs and goods (Eur) 2015 106 577 2014 104 363 2013 103 876 2012 107 565 2011 111 857 2010 104 295 0 20000 40000 60000 80000 100000 120000 Source: Statistical Office of the Slovak Republic
Why Eastern Slovakia ECONOMY OF THE REGION LABOUR COSTS In many parameters which are assessed with nearly any investment plan, the parameter labour cost plays a role alongside labour productivity. We have already mentioned the fact that Eastern Slovakia and Slovakia overall rank among leaders in labour productivity. Labour costs, which aside from direct wage costs also include indirect costs associated with social and health insurance, is another of the competitive advantages of the Eastern Slovakia region. In comparison with the average of the EU28, labour costs in this region are approximately 3-times lower. 10 8 Hourly Labour Costs (EUR) Average for SR Prešov region Košice region 9.5 7.6 9.1 9.2 7.3 8.9 8.8 7.0 8.5 8.5 6.8 8.1 8.2 6.5 7.9 Source: Statistical Office of the Slovak Republic 6 4 2 0 2011 2012 2013 2014 2015 2011 2012 2013 2014 2015 2011 2012 2013 2014 2015 Average for SR Prešov region Košice region 40
Why Eastern Slovakia ECONOMY OF THE REGION AVERAGE GROSS MONTHLY EARNINGS 1500 1200 900 600 300 0 2010 2011 2012 2013 2014 2015 2010 2011 2012 2013 2014 2015 2010 2011 2012 2013 2014 2015 2010 2011 2012 2013 2014 2015 Bratislava region Western Slovakia Central Slovakia Eastern Slovakia Bratislava region Western Slovakia Central Slovakia Eastern Slovakia 1 319 893 891 877 1 286 860 857 844 1 182 809 801 794 1 159 803 807 790 1 124 779 780 781 1 160 740 732 733 Source: Eurostat 42
Innovation Potential
Innovation potential FACTS & FIGURES For several quarters in a row now, the Slovak Republic has been maintaining a substantial economic growth rate in the context of the European Union, which opens doors to further development in the sphere of science and research as well. As a matter of fact, science and research represent a significant economic sector that has great potential for increasing the country s rate of progress and competitiveness on international markets. It is highly important for the Slovak Republic to carry on following the example of several advanced EU economies, increasing its research and development expenditure every year so as to improve the environment and technology in the country and motivate our brains not to go abroad and create value at home instead. Research and Development Expenditure According to Funding Types (thousand ) 2012 2013 2014 2015 State resources 253 404.82 254 381.43 291 843.47 326 340.79 Business resources 220 664.28 245 540.83 215 715.53 232 349.22 Funding from abroad 109 144.60 109 748.79 158 567.07 265 642.29 Funding provided by private non-profit 2 011.54 1 205.12 3 506.24 2 939.97 organisations Total 585 225.24 610 876.18 669 632.31 927 272.29 Proportion of GDP spent on research and development 0.81 0.83 0.89 1.19 Source: Ministry of Education, Science, Research and Sport of Slovak Republic Research and Development Employees by Scientific Field Between 2012 and 2015 2012 2013 2014 2015 Natural sciences (persons) 5 178 4 896 5 048 4 730 Technical sciences 10 081 9 790 10 042 10 669 Medical pharmaceutical 3 641 3 280 3 259 3 292 sciences Agricultural sciences 1 723 1 125 1 599 1 842 Social sciences 4 814 5 175 4 836 4 612 Humanities 3 443 3 557 4 041 3 607 Total 28 880 27 823 28 825 28 752 Source: Ministry of Education, Science, Research and Sport of Slovak Republic 46
Research and Development Employees by Sector Between 2012 and 2015 2012 2013 2014 2015 Business sector 5 138 4 889 5 397 6 119 Government sector 5 079 4 398 5 227 5 529 University sector 18 556 18 465 18 136 17 005 Private sector non-profit 107 71 65 99 Source: Ministry of Education, Science, Research and Sport of Slovak Republic
Innovation potential FACTS & FIGURES Number of Research and Development Employees by Region (researchers with university degrees or higher in 2013) Bratislava region 11 485 West Slovakia 3 993 Central Slovakia 3 903 East Slovakia 4 517 Total 23 871 Prešov region 1 093 Košice region 3 478 Source: Košice Self governing Region Research and Development Expenditure ( ) - standard expenditure (East Slovakia) 2010 2011 2012 2013 Prešov region 9 624 234 10 092 626 14 693 878 16 489 932 Košice region 35 113 719 40 452 141 50 933 550 52 762 880 East Slovakia in total Source: Prešov Self governing Region 44 737 953 50 544 767 65 627 428 69 252 812 Research and Development Expenditure ( ) - applied research (East Slovakia) 2010 2011 2012 2013 Prešov region 13 02 267 1 331 523 1 226 619 1 949 143 Košice region 61 53 324 6 034 113 8 154 756 5 688 922 East Slovakia in total 7 455 591 7 365 636 9 381 375 7 638 065 Source: Prešov Self governing Region 48
Regional Technological Specialisation Based on Technological Advantage Index in Selected Industries. Industry Prešov region Košice region Mining 0.00 1.32 Transport 1.40 0.88 Electrical Engineering 1.08 1.35 Chemistry 0.77 0.72 Metallurgy 0.22 3.08 Food and tobacco 1.29 2.10 Machinery 1.22 1.14 Technology 0.94 1.90 Press 0.85 1.23 Textile 0.94 0.00 Agriculture 1.00 0.58 Source: Prešov Self governing Region
Innovation potential EDUCATION UNIVERSITIES TECHNICAL UNIVERSITY OF KOŠICE The region offers a wide range of opportunities for training future workforce at secondary vocational schools as well as universities. Naturally, the greatest number of options are available in the largest cities of the region, such as Košice, Prešov, or Michalovce. The district towns of Eastern Slovakia offer a sufficient number of 4-year and 8-year grammar school study programmes focused on foreign languages, sports, information technology, or programming. The vocational schools in the region offer study programmes in the fields of construction, mechanical and electrical engineering, wood science and engineering, agriculture, and health care, as well as gastronomy, tourism, economics, and banking. In addition to quality secondary schools, the network of educational facilities in the regions of East Slovakia also includes five Universities, namely: The Technical University of Košice is a public university covering a wide range of educational needs within and beyond the region of East Slovakia. In many fields, it is the only science, research and education centre of its kind in Slovakia or even in the Central European area. Faculty of Mining, Ecology, Process Control and Geotechnology Faculty of Materials, Metallurgy and Recycling Faculty of Mechanical Engineering Faculty of Electrical Engineering and Information Technology Faculty of Civil Engineering Faculty of Economics Faculty of Manufacturing Technologies Faculty of Arts Faculty of Aeronautics Number of students: 9 714 Number of foreign students: 297 Accredited study programmes: 395 50
PAVOL JOZEF ŠAFÁRIK UNIVERSITY IN KOŠICE Covering the three main cycles of university education, the University offers Bachelor-, Master-, PhD-level study programmes in a variety of fields. All courses are provided in both Slovak and English. Pavol Jozef Šafárik University in Košice provides higher education based on the latest scientific findings in a wide international context. The University co-operates closely with a number of academic institutions all around the world. Faculty of Medicine Faculty of Science Faculty of Law Faculty of Public Administration Faculty of Arts Number of students: 5 367 Number of foreign students: 1 057 Accredited study programmes: 164
Innovation potential EDUCATION THE UNIVERSITY OF VETERINARY MEDICINE AND PHARMACY IN KOŠICE The University of Veterinary Medicine and Pharmacy in Košice is the only institution in the Slovak Republic offering higher education programmes in the veterinary field. The University has been providing veterinary education in English for 25 years and currently offers two English study programmes: a 6-year degree programme for secondary-school graduates and a 4-year degree post-bsc programme for students with Bachelor degrees in agricultural, veterinary or biological sciences, both of which lead towards the degree of Doctor of Veterinary Medicine (DVM). The University includes the following departments and clinics: Department of General Education Subjects Department of Biology and Genetics Department of Chemistry, Biochemistry and Biophysics Department of Anatomy, Histology and Physiology Department of Nutrition, Dietetics and Animal Breeding Department of Microbiology and Immunology Department of Pathological Anatomy and Pathological Physiology Department of Drug and Pharmaceutical Technology Department of Pharmacology and Toxicology Department of Epizootology and Parasitology Department of the Environment, Veterinary Legislation and Economy Department of Hygiene and Food Industry Technology Clinic for small animals Clinic for horses Clinic for ruminants Clinic for swine Clinic for birds and exotic animals 52
Innovation potential EDUCATION THE UNIVERSITY OF PREŠOV In Prešov, the second largest city in the Eastern Slovakia region, the beginnings of university education are linked with the Greek-Catholic Theological Academy founded in 1818. Today the university consists of 8 faculties which offer numbers of accredited study programmes in all three degrees (Bachelor, Magister/Master, Doctor ). The University of Prešov has been developing intense research activities and also operates centres of excellence. A wide range of courses and educational products are offered by The Centre of Competences and Lifelong Learning. In addition to the University of Prešov, the private University of International Business ISM Slovakia has operated in the city since 2005. THE UNIVERSITY OF ECONOMICS IN BRATISLAVA FACULTY OF BUSINESS ECONOMICS IN KOŠICE Besides 7 faculties situated in the capital of the Slovak Republic, the University also has one faculty based in Košice. Located in Košice, the Faculty of Business Economics is a scientific and educational institution training students who will be able to work for various businesses, institutions, or government bodies. Primarily focused on practical skills, the Faculty seeks to train students into highly-qualified, flexible, and independent professionals who will be able to engage in a relatively wide range of economic activities. The Faculty s science and research activities revolve around six basic pillars: Faculty of Arts Greek-Catholic Theological Faculty Faculty of Humanities and Natural Science Number of students: 9 153 Number of foreign students: 452 Accredited study programmes: 240 Faculty of Management Faculty of Education Faculty of Orthodox Theology Faculty of Sports Faculty of Health care 54
Market and Applied Economic Research Applied Statistics and Mathematics Environmental Studies, Ecology and Energy Efficiency Financial Markets, Stock Markets Sustainable Growth and Regional Innovation Systems Competitiveness and Innovation Activities Information and Communication Technologies Number of students: 864 Number of foreign students: 10 Accredited study programmes: 3
Innovation potential SCIENCE AND RESEARCH Academy of Sciences and Schools in the Pyramid of Research The vehicle for fundamental research in the natural, technical, medical, social and humane sciences is the Slovak Academy of Sciences, which has important offices in the city of Košice. In terms of values the academy stands on the principles of independent scientific research and political non-partisanship, critical thinking and excellent knowledge, high expertise and specialization, effective competitiveness and interdisciplinary cooperation. Together with universities working in the region, the Slovak Academy of Sciences tries to recast its scholarly and scientific work into the most efficient applications possible in practice, and it creates a basic axis with scientific research and the formation of technology centres and clusters. 56
Innovation potential SCIENCE AND RESEARCH REGIONAL INCUBATORS AND CLUSTERS Promatech This project of the Slovak Academy of Sciences in Košice is co-financed from the European Regional Development Fund. A research centre of progressive materials and technologies for current and future application. Currently, a brokerage centre is being setup in Košice which will oversee the connection of research results with the needs of the business community through partnerships between problems solvers and potential customers. Organization of workshops and conferences, such as e.g. Trans Tech Burza. IT Valley A cluster which since 2007 has covered the common initiatives of educational institutions, state administration and leading IT companies in the Eastern Slovakia region. In 2015 it become the first in Central Europe to be awarded the Cluster Management Excellence Label GOLD prize. Currently has 55 members and 3 allies. It motivates children and young people towards studying and focusing on IT. It implements scientific-research projects and processes analysis, studies and prognosis. Eastcubator An incubator intended for students, beginning entrepreneurs and startups. It offers a community background, co-working, training, access to investors etc. Novitech Automation Technology and Robotics Cluster The aim of the initiative is to concentrate development capacity and to deepen domestic business profiling and participation in international groupings for the AT+R field. The Business Innovation Centre Novitech Košice was the first innovation centre in Slovakia certified by the EBN (European Business Network). The EBN is a network of around 150 quality certified EU I BICs (business and innovation centres) and 100 other organisations that support the development and growth of innovative entrepreneurs, start-ups and SMEs. 58
SLOVAK ACADEMY OF SCIENCES INSTITUTES BASED IN KOŠICE Institute of Experimental Physics Institute of Materials Research Institute of Geotechnics Slovak Academy of Sciences Institute of Neaurobiology Institute of Animal Physiology Institute of Parasitology Source: Slovak Academy of Sciences
Innovation potential INNOVATION AND RESEARCH POTENTIAL OF UNIVERSITIES All universities in the region accelerate processes to intensify cooperation and completion of various projects aiming to improve the interaction between schools and the business environment. Technological parks, scientific parks and centres of excellence are the showcases of these workplaces, through which the university opens up the world. The Technical University of Košice: TECHNICOM University Science Park for Innovative Applications Supported by Knowledge Technologies (Coordinator) MEDIPARK University Medical Science and Technology Park (Project Partner) TUKE Startup Centre University Centre for Innovation, Technology, Transfer and Intellectual Property Protection Pavol Jozef Šafárik University in Košice MEDIPARK University Medical Science and Technology Park (Implementor) TECHNICOM University Science Park for Innovative Applications Supported by Knowledge Technologies (Project partner) University of Veterinary Medicine and Pharmacy in Košice MEDIPARK University Medical Science and Technology Park (Project partner) University of Prešov Centre of Excellence of Socio-historical and Culturalhistorical Research Centre for Research Outputs Commercialisation and Intellectual Property Management Centre of Competences and Lifelong Learning TECHNICOM University Science Park for Innovative Applications Supported by Knowledge Technologies (Project Partner) 60
Innovation potential CREATIVE ECONOMY CREATIVE INDUSTRY KOŠICE (CIKE) Catalyser of Creativity in Slovakia After successful presentation of the project Košice Interface 2013, the City of Košice was awarded the title European Culture Capital 2013. Getting the title brought a many great investments projects to the city and laid the foundation of current trends in Košice, which has real ambition to become a Slovak centre of innovation and a creative economy. Another goal for Košice awaiting in 2018 is to become a member of UNESCO Creative City of Media Arts which will support the functionality and sustainability of processes for building a creative economy. It helps people from the cultural and creative environment to become professionals; it opens international markets to them and educates them. The CIKE team actively shares in the preparation of strategic cultural documents on the state and international levels for growth and development of culture and creative sectors in Slovakia. CIKE has a common vision to turn Košice into a place worth living thanks to the quality culture, the creative environment and innovation in all areas of life. The vision is primarily met by the education of talented individuals and cultural institutions and the raising of their international profile, for example, by the provision of foreign trips, mobility and residential programs. CIKE also creates suitable conditions for cooperation with the private sector and is a key consultant of the city and region with the creation of strategic documents. 62
Main Projects of CIKE MOBILITY The path to international professional experiences and practices. GENERATION 2020 Support of involvement of young people to regional development. CARAT A platform which joins local key players in the field of tourism. CREATIVITY FOR BUSINESS Artists bring a new view to business and business helps artists remain on the market. EDUCATION Seminars and workshops helping to build professionals. EXCITE Erasmus for young entrepreneurs. Source: Creative Industry Košice
Innovation potential CREATIVE ECONOMY TABAČKA KULTURFABRIK COMPLEX CREATIVE INFRASTRUCTURE UNDER ONE ROOF: An Open Zone for Culture, Creativity and Cooperation Tabačka Kulturfabrik is a unique cultural centre opened for art, creativity and cooperation. Thanks to a strategic decision of the Košice Self-governing Region and its significant investments, the centre is using the premises of a former tobacco factory over an area of 2,500 m2. Support for up and coming artists, shared work places and the connection to successful local companies differentiate Tabačka Kulturfabrik from a standard cultural centre. Its top priority is to support creativity by making a space for new forms of cooperation. Tabačka fulfils the vision of a creative incubator and start-up support for new cultural initiatives, individuals and the community. Multifunctional hall Co-working hub Show media studio Light & Sound Tabačka Cinema Black Box Experimental stage for performing arts, Theatre on a platform Source: Tabačka Kulturfabrik Office Space Copy-wait printing studio Sacsac Street Art Communication Creative Shop Media lab State of the art Workshop Room Orgon studio & Tabačka records 64
Innovation potential CREATIVE ECONOMY KASÁRNE KULTURPARK The largest of eight investment projects of the Košice European Culture Capital 2013, worth EUR 24 million. This modern 21st century European centre of culture originated after reconstruction of a dilapidated military barracks from the 19th century. The aim of the multi-genre cultural centre is to provide space for the creation and presentation of the highest quality work from contemporary culture in the fields of music, visual arts, literature, film, theatre and dance. Given its character Kasárne Kulturpark also serves to support small and medium-sized businesses in creative sectors. The entire site consists of 3 original buildings, 8 new pavilions, a park and a spacious radiantly white square. ALFA: 2 large multifunctional halls 2 smaller multifunctional salons Spaces for sound and video study A modern exhibition area. CHARLIE: More than 1,300 m2of exhibition spaces on 4 floors Seat of the creative factory SteelPark BRAVO: 4 floors Studio, workshops, studios and classrooms Technical background Seat of the Home of Authentic Culture and a Library for children and youth. OTHER PAVILLIONS: Delta, Echo, Foxtrot, Lima, Oscar, November, Papa, Uniform create the background, centres of support services, spaces for leisure, an information centre, parking etc. 66
Industries
Industries INDUSTRY STRUCTURE FACTS & FIGURES If we want to speak about the economic structure of Eastern Slovakia, we have to go back to the period after the Second World War, which is characterised by the rapid industrialisation of the region. Today, in terms of gross added value, the services sector (52.4 %), industry and construction (35.3 %) and the field of professional, scientific and technical activities (7.8 %) have the highest share, in this regard. If we look at this structure in terms of revenues, we see the domination of industrial manufacturing, which accounts for more than 70 % of all revenues from the sale of its own outputs and goods. Gross added value by sectors - Eastern Slovakia (million ) 2009 2010 2011 2012 2013 2014 2015 Eastern Slovakia 11 505 12 244 12 926 13 566 13 723 14 100 14 749 Agriculture, Forestry and Fisheries 453 405 498 537 613 660 625 Industry together 2 569 3 112 3 385 3 482 3 386 3 745 3 833 Industrial Production 2 340 2 904 3 180 3 278 3 189 3 570 3 661 Construction 1 439 1 392 1 492 1 602 1 395 1 425 1 596 Wholesale and retail trade, repair of motor vehicles. Vehicles and motorcycles; Transport and 2 445 2 547 2 698 2 808 2 831 3 046 3 207 storage; Accommodation and catering services Information and Communication 564 565 667 700 671 631 671 Financial and insurance activities 271 298 310 307 315 312 328 Real estate activities 732 762 758 854 1 077 907 982 Professional, scientific and technical activities; 904 945 981 1 021 1 070 1 030 1 067 Administrative services Public administration, defense, duty. social. security; education; 1 833 1 914 1 784 1 869 1 973 1 927 1 974 Health and social assistance Arts, entertainment and recreation; Other activities 294 304 352 386 394 416 464 Source: Statistical Office of the Slovak Republic 70
Slovak Republic Eastern Slovakia Average number of people employed Revenues for own outputs and goods (thousands of EUR, current prices) Labor productivity from revenues for own outputs and goods (Eur) Average number of employed persons (physical persons) Revenues for own outputs and goods (thousands of EUR, current prices) Main statistical indices of industry 2009 2010 2011 2012 2013 2014 2015 493 437 477 963 495 583 490 414 486 037 496 074 505 688 57 909 812 67 496 738 76 950 895 82 517 145 117 360 141 218 155 273 168 260 169 861 165 607 172 677 94 626 94 967 97 590 101 415 98 500 100 861 103 399 8 038 057 9 904 574 Labor productivity from revenues for own outputs and goods (Eur) 84 946 104 295 111 857 107 565 103 876 104 363 106 577 Source: Statistical Office of the Slovak Republic 10 916 082 10 908 656 82 558 872 10 231 771 82 153 382 10 526 152 87 320 734 11 019 906
Industries INDUSTRY STRUCTURE AUTOMOTIVE ON THE RISE Top Employers in Eastern Slovakia (2015) The gradual upgrades in manufacturing and improved labour productivity have led to the reduced number of employees in industrial sector. However, in the automotive sector, we also see real growth in job creation. The Number of Employees in Industry by Division of Economic Activity - Eastern Slovakia Number of employees 2015 2016 U.S. Steel Košice 10 196 9 974 T-Systems Slovakia 3 606 3 850 Yazaki Wiring Technologies Slovakia 3 197 2 700 Východoslovenská vodárenská spoločnosť 2 045 2 058 Source: etrend.sk, finstat.sk, other materials of companies Eastern Slovakia Manufacture of food products and beverages 6 724 Manufacture of textiles, clothing and leather 6 601 Manufacture of rubber products 4 863 Manufacture of basic metals, other non-metallic mineral products 18 916 Manufacture of computer products and electical equipment 5 494 Manufacture of machinery and motor vehicles 16 669 Electricity, gas, steam supply 2 807 Source: Statistical Office of the Slovak Republic 72
Industries MECHANICAL ENGINEERING Slovakia is known as a country with a strong position and tradition in the field of engineering, which is the draught-horse of all industrial production in Slovakia. Its strongest sector is automobile production, and therefore the conjunction between the largest engineering companies and companies in the automotive branch is considerable. Engineering in Eastern Slovakia employs more than 16,000 people, the majority with a focus on high-tech and medium high-tech production, and on the regional level this field is a source of employment and economic growth. Significant trends in the area of incoming investments come especially from product and regional diversification, growth of investments into research, development and more sophisticated services and the gradual transition toward operations with a higher share of robotization and automation. Since 2010 the Automation Technology and Robotics Cluster (AT+R) has operated in Košice, which aims to deepen the region s focus in this area. The Technical University in Košice has educated qualified professionals in its Faculty of Mechanical Engineering for more than 60 years now. The region also boasts several specialized secondary schools focused on this area. Selection of Largest Companies Within the Sector Company Location Key product Revenue in thousands Investor Embraco s.r.o. Spišská Nová Ves Compressors for cooling systems 222 258 Italy, Brazil Tatravagónka a.s. Poprad Wagons and chassis for rail transport 200 924 Slovakia GGP Slovakia s.r.o. Poprad Motor saws, mowers, mowers and tractors 132 886 Italy ENERGYCO, s.r.o. Rožňava Pressure equipment, gas equipment and lifting equipment 71 825 Slovakia RMS, a.s. Košice Košice Manufacture of a wide range of progressive refractory molded and non-woven materials 41 483 Slovakia SWEP Slovakia s.r.o. Kechnec Manufacture of soldering plate heat exchangers 31 995 Luxemburg SPINEA, s.r.o. Prešov Internationally patented TwinSpin hi-tech reducers, DriveSpin actuators and RotoSpin locators 27 541 Luxemburg Glunz & Jensen s.r.o. Prešov A manufacturer of machinery for the printing industry 14 298 Denmark STROJCHEM a.s. Svit Production of machinery 12 287 Slovakia GETRAG s.r.o. Kechnec Transfers for passenger cars and light commercial vehicles 11 070 USA, Germany Source: Agency VIA 74
EMBRACO from Spišská Nová Ves EMBRACO, the top Brazilian manufacturer of hermetic compressors, opened its own production plant in Spišská Nová Ves in 1999 and today it is indisputably the largest employer in this part of Eastern Slovakia. At the same time it is one of the largest Brazilian investments in Europe. In its operations in Brazil, Italy, China, Mexico and here in Eastern Slovakia the company has approximately 13,000 employees and is able to produce up to 37 million compressors for the refrigeration industry.
Industries AUTOMOTIVE In the middle of the last century Slovakia was still primarily an agrarian country. In the last 20 years, however, the country has become a Mecca of automobile production. After Volkswagen, KIA Motors and PSA Peugeot Citroën, now Jaguar Land Rover is arriving in Slovakia; thus, the country even further reinforces its dominant position in this sector even further, when it already ranks among the world leaders in terms of the number of automobiles manufactured per capita. The boom in the automobile industry did not pass by Eastern Slovakia, and at present we find here a whole range of well known manufacturers supplying their products for automobile brands from around the entire world. The production of gearboxes and driving mechanisms, the electro technology industry, the production of plastic accessories and the processing of textiles and leather for automobile interiors all have representation in the segment. The pedigree of these factories is indeed cosmopolitan, with investors from Germany, Italy, France, Spain, Australia, Japan and the USA all represented. Manufacturing halls are often concentrated in newly built industrial parks, and currently more than 11,000 people in the region work in this sector. Selection of Largest Companies Within the Sector Company Location Key product Revenue in thousands Investor Magneti Marelli Slovakia, s.r.o. Kechnec Information and telematics devices, throttle position sensors, GDI pumps, rotary electric actuators 398 092 Italy Getrag Ford Transmissions Slovakia, s.r.o. Kechnec Automobile gearboxes and timing gears for Daimler 363 055 Germany U-Shin Slovakia s.r.o. Košice Locking mechanisms, ignition locks and mechatronic knobs 209 858 Germany, Netherland Lear Corporation Seating Slovakia s.r.o. Prešov Car interior with focus on car seats 184 229 Luxembourg, United Kingdom Yazaki Wiring Technologies Slovakia s.r.o. Michalovce Wiring harnesses for the automotive industry 85 761 Germany KE Prešov Elektrik, s.r.o. Prešov Manufacture of electrical and electronic equipment for motor vehicles 73 954 Germany Magneti Marelli Powertrain SLOVAKIA s.r.o. Kechnec Manufacture of electrical and electronic equipment for motor vehicles 71 393 Italy CEMM THOME SK, spol. s r.o. Prešov Manufacture of cable harnesses for the automotive industry. 42 481 Germany Jobelsa Slovensko, s.r.o. Košice Leather and textile car covers and upholstery 38 443 Spain TREVES Slovakia s.r.o. Kežmarok Car accessories - plastic products, metal parts and wooden panels 31 968 Francia Source: Agency VIA 76
Magneti Marelli Slovakia from Kechnec Two major manufacturers in the automotive segment have located their headquarters in perhaps the largest and most well-known industrial park in Slovakia, at Kechnec, just 20 km from Košice. Getrag Ford Transmissions produces automobile gearboxes here and Magneti Marelli dashboards and instruments for automobiles. We find many prestigious automobile brand names among their customers, and BMW and Renault both figure on the list of these concerns. Kechnec
Industries METALLURGICAL INSDUSTRY The history of metallurgical production and the processing of metals in the Eastern Slovakia region dates back to medieval times, and their development was initially based in particular on local resources of iron ore and other precious metals. As early as in the 16th century an iron plant was established near Košice, and it was owned by the town until the mid-19th century. Today the flagship of metallurgy in the region and for all of Slovakia is without a doubt the factory owned by American concern U. S. Steel, which is the successor to the Eastern Slovakia Steel Works established in Košice back in 1959. The production capacity of the plant represents a volume of up to 4.5 tonnes of steel annually. More than 11,000 residents of the Eastern Slovakia region currently work in the metallurgical industry. A source of a qualified labour force for the sector since 1952 has been the Technical University in Košice and its Faculty of Metallurgy and Faculty of Mining, in which research and development workplaces are closely linked with practice. Selection of Largest Companies Within the Sector Company Location Key product Revenue in thousands Investor U. S. Steel Košice, s.r.o. Košice Hot and cold rolled steel, galvanized, tin, electrotechnical steel and other products 2 034 734 USA CROWN Bevcan Slovakia s. r. o. Kechnec Drink cans 85 480 USA C.L.N. Slovakia s.r.o. Košice Development and installation of industrial high-tech steel products 44 120 Italy Immergas Europe s.r.o. Poprad Producer and distributor of these traditional and condensing gas boilers 36 546 Italy ANDRITZ Slovakia s.r.o. Humenné Metal working and finishing, metal structures manufacture 66 738 Austria GOHR, s.r.o. Veľký Šariš Metal production, production of large steel structures 27 628 Slovakia EUROCAST Košice, s.r.o. Košice Metallurgical production of steel castings 34 103 Germany Brock Metals s.r.o. Košice Manufacture of lead, zinc and tin 34 496 Slovakia Schüle Slovakia, s.r.o. Poprad Castings of aluminum alloys for automotive and automation technology 28 270 Germany TES MI s.r.o. Michalovce Metal working and finishing, production of components for electric motors 24 959 Republic of Korea Source: Agency VIA 78
U.S. Steel from Košice Company employs around 10 000 people, it is the biggest company in Eastern Slovakia. U. S. Steel Košice is an integrated steelmaking company with more than 50 years of tradition, its parent organization is a world-class steel producer, United States Steel Corporation. Its annual raw steel production capability is 4.5 million metric tons. U. S. Steel Košice produces high value-added products suitable for applications in the automotive, packaging, electrotechnical, consumer goods and building industries. Their high quality is guaranteed by QMS in line with ISO 9001. Company also holds several other international certificates.
Industries ICT The dynamic boom in IT services in Eastern Slovakia at the threshold of the new millennium has shifted this region to the forefront, with the city of Košice among the top destinations, with a high concentration of companies focused on the ICT business. The main reasons for new investments in this field were in particular the quality labour force and the wages, which are relatively low from a global point of view. Currently, the IT sector in Eastern Slovakia employs around 11,000 people, but the long-term prognosis of the Košice IT Valley Association optimistically estimates that by year 2020 this number could approach 15,000. Demand for these professionals is always strong and unemployment is practically non-existent in this sector. For further advancement of the segment the key question now is the quality of human resources and the close connection of practice with the teaching of students, which is currently offered in the region in particular by the Faculty of Electrical Engineering and Informatics at the Technical University of Košice and the Faculty of Science at P. J. Šafárik University in Košice. Selection of Largest Companies Within the Sector Company Location Key product Revenue in thousands Investor T-Systems Slovakia s.r.o. Košice Management of server operating systems, SAP, databases, storage and middleware, networks, virtualization 135 647 Germany DR@GON MIR s.r.o. Košice Information technology and computer services 16 168 Bulgaria NESS KE s.r.o. Košice Complete end-to-end solutions of software products 15 527 USA LYNX s.r.o. Košice Košice Security services, design, construction and operation of information systems 14 682 Slovakia Gras SK s.r.o. Svidník Repair of computers and peripheral equipment 13 795 Cyprus Antik Telecom & Antik Technologies, Košice Košice Internet and triple play services, hi-tech equipment 13 120 Slovakia Fpt Slovakia s.r.o. Košice Software development, implementation and maintenance of SAP solutions, independent testing 11 861 Vietnam, Germany GlobalLogic Slovakia s.r.o. Košice Services related to product development during its entire lifecycle 8 469 USA, Poland TORY CONSULTING a.s. Košice Comprehensive solution for processes requiring integration with SAP, application development 6 097 Slovakia Novitech Tax s.r.o. Košice Design of IT systems architecture, process and project management, WEB applications and portal solutions 3 070 Slovakia Source: Agency VIA 80
T-Systems Slovakia from Košice Behind one of the most significant investments in the IT sector in Eastern Slovakia stands the group Deutsche Telekom, which brought its subsidiary company, T-Systems Slovakia, to life in 2006 in Košice. Today this company has customers in more than 20 countries, and these are first and foremost international corporations and large institutions of the public sector. It offers them innovative technology, services and a great deal of the complete care required. Alongside its more than 3,000 employees T-Systems Slovakia offers a great many opportunities to students and recent university graduates; it is also one of the leaders in dual education programs.
Industries ENERGY INDUSTRIES AND WASTE MANAGEMENT From the times of the industrial revolution the importance of energy, a common denominator for nearly all human activities, has been growing. Eastern Slovakia was among the first regions in this part of Europe to be electrified. Municipalities in the area around Prešov enjoyed this privilege as early as the start of the 20th century, and it is interesting to note that in 1902 the company Siemens-Schuckert built a steam-driven power plant in Poprad. At present Východoslovenská distribučná, a.s., has more than 600,000 electricity off-take points in the region to energy distribution and supplies of electricity and natural gas. After entry of the German investor RWE in 2003 the level of investments in the VSE Holding Group has exceeded more than EUR 500 million. More than 90 % of the region s residents also have access to the functioning natural gas network. Companies focused on the production and distribution of heat as well as waste management companies are also working in the segment. The most significant of these is KOSIT, which annually handles more than 100,000 tonnes of waste and is ranked among the 5 largest Slovak companies dealing with this difficult and socially sensitive sector. Selection of Largest Companies Within the Sector Company Location Key product Revenue in thousands Investor Východoslovenská energetika a.s. Košice Electricity supply services for households, businesses and organizations 368 061 Slovakia Východoslovenská distribučná, a.s. Košice Distribution and supply of electricity and natural gas 306 853 Slovakia Východoslovenská vodárenská spoločnosť, a.s. Košice Production and supply of water by public water supply for the population, industry and agriculture 86 470 Slovakia Tepláreň Košice, a. s. v skratke TEKO, a. s. Košice A cogeneration method for producing thermal and electrical energy 70 092 Slovakia TEPELNÉ HOSPODÁRSTVO, s.r.o. Košice Košice Supply of heat and hot water for Košice, related services 49 450 Slovakia BUKÓZA ENERGO, a. s. Hencovce Production and supply of electric power as well as manufacturer and supplier of heat 25 496 Slovakia PVPS, a.s. Poprad Operation of public sewers, supply of drinking water, drainage of waste water 23 870 Francia CHEMES, a.s. Humenné Humenné Steam delivery and cold air distribution 23 488 Slovakia KORLEA INVEST, a.s. Košice Production and sale of electricity and gas 18 822 Switzerland CHEMOSVIT ENERGOCHEM, a.s. Svit Production and distribution of heat and electricity, technological and drinking water, water treatment plant 17 322 Slovakia Source: Agency VIA 82
Východoslovenská energetika a.s. part of innogy from Košice The VSE Holding a.s., owned by German concern innogy, manages its subsidiary companies in the Eastern Slovakia, which are devoted to energy distribution and supplies of energy and natural gas. The company provides its services to more than 500,000 customers, predominately in Eastern Slovakia. The distribution system measures nearly 21,000 km in length and covers more than 15,000 km 2 of territory. RWE has been involved in company since 2003 and during this period it has invested almost 500 million EUR in the course of 12 years, from this nearly 400 million EUR into the distribution system. With more than 1,400 employees it is also one of the largest employers in the region.
Industries FOOD INDUSTRY Agricultural production in Eastern Slovakia has firm roots and a rich history. The warm and fertile lowlands in the southeast, perfect for the cultivation of grains or vineyards, and the cooler climate and the rocky natural landscape, which create conditions more for the raising of livestock and sheep, predestined the region of the east for a varied mix of vegetable and animal farming production. In the food processing industry the top unit in the region by revenue is the brewery in Veľký Šariš, which is part of the concern SABMiller plc, the second largest beer maker in the world. In addition to this, Eastern Slovakia can be praised in particular for well-functioning traditional enterprises of dairy production, meat production and the processing of fish. Furthermore the largest maker of coffee and tea in Slovakia has been operating in Poprad since 1955. Selection of Largest Companies Within the Sector Company Location Key product Revenue in thousands Investor Pivovary Topvar, a.s. Veľký Šariš Traditional local beer 114 990 South Africa MECOM GROUP s.r.o. Humenné Processing, meat, sausages and other meat products 109 322 Cyprus SYRÁREŇ BEL SLOVENSKO a.s. Michalovce Raw products, Mini BabyBel, Leerdammer, Gervais 76 177 Austria Tatranská mliekareň a.s. Kežmarok Milk, butter, cream, yogurt, cheese 62 660 Slovakia RYBA Košice spol. s r.o. Košice Products from fish, shellfish, crustaceans 39 275 Slovakia Podtatranská hydina a.s. Kežmarok Processing and preserving of poultry meat 38 087 Slovakia Baliarne obchodu, a. s. Poprad Poprad Coffee, tea 25 502 Slovakia HO&PE FAMILY, s.r.o. Poprad Production and distribution of frozen, refrigerated and dry goods 24 231 Slovakia MPC CESSI a.s. Spišská nová ves Manufacture of cutlery, pasta, couscous and similar farinaceous products 21 311 Slovakia THYMOS, spol. s r.o. Veľká Lomnica Production of spices and flavorings 17 169 Poland Source: Agency VIA 84
Pivovary Topvar a.s. from Veľký Šariš It is a brewing company that follows the long tradition of cooking and drinking beer in Slovakia. Their beer portfolio in Slovakia ranks Pivovary Topvar in a leading position in its range and variety. The Šariš Brewery is constantly investing in technology development and working on top quality beer production. The quality of beers is highly valued and they have received dozens of valuable awards. The 8th year of the Slovak Beer Crown, where their beer was packed with seven awards, brought the historical success. Three Šariš beer medals from the prestigious international competition Monde Selection have expanded their rich collection of awards from previous years. For gold earnings, the Institute of Quality Monde Selection of the Šariš beer awarded 10% in addition to the International High Quality Trophy 2014 award. Veľký Šariš
Industries CHEMICAL & PHARMACEUTIACAL INDUSTRY In Eastern Slovakia, especially in its northern part, in towns like Svit, Strážske or Humenné, there is a long tradition of such manufacturing, and today several companies ranking among the largest of their type in the whole Slovak economy currently operate here. In Strážske a factory founded in the 1950s, which successfully transformed itself from a large producer of explosives into a maker of top lighting stabilizers, continues to successfully operate. The only maker of BOPP films* in Slovakia has its company headquarters in Svit. The most significant representative of the pharmaceutical sector in Eastern Slovakia is undoubtedly Imuna Pharm, which since 1953 in Šarišské Michaľany has done research and development of vaccines, products from blood plasma, nutritive soils, cell implants, immunoglobulin and other products. It directs its exports to the whole world and is the only company in Slovakia which offers blood derivatives from Slovak plasma. * production of special dielectric BOPP films for capacitors Selection of Largest Companies Within the Sector Company Location Key product Revenue in thousands Investor Nexis Fibers a.s. Humenné Industrial fibers especially for the automotive industry 102 959 Czech Republic CHEMOSVIT FOLIE, a.s. Svit Flexible foils and products from them - pockets, bags... 98 081 Slovakia Unomedical s.r.o. Michalovce Disposable medical aids 80 152 Denmark TERICHEM, a.s. Svit BOPP films - co-extruded, tobacco, monolayer, capacitor 66 786 Finland D.P. EKOPLAST, spol. s r.o. Snina Production of clean and printed film, especially for PET bottles and cans 54 033 Slovakia PRIMA POPRAD, s.r.o. Poprad Plastic components of thermoplastics and thermosets for white technology and the automotive industry 38 783 Italy DIAKOL STRÁŽSKE, s.r.o. Strážske Range of adhesives for the wood industry 31 241 Czech Republic OLDRATI SLOVENSKO s.r.o. Humenné Manufacture of rubber and plastic products, filters for air purification, oils, fuels 31 218 Italy IMUNA PHARM, a.s. Š. Michaľany Immune preparations, infusion solutions, blood derivatives, cell implants, nutrient media 23 004 Slovakia SCAMETATRA, a.s. Poprad Plastic products - White moldings and parts for automatic washing machines 20 687 Italy Source: Agency VIA 86
CHEMOSVIT FOLIE, a.s. from Svit Back in 1934 the concern Baťa established in Svit a company which gradually became, under the brand name Chemosvit, one of the most important pillars of the economy of Eastern Slovakia. Among its first programs was the production of cellophane, while today production in the Chemosvit group is dominated by polypropylene foils for the electro technology industry and wrapping foils for the food industry while the company further develops the production of polypropylene textiles and technical fibres. The Chemosvit group also has its own production plants in Finland and Ukraine. Svit
Industries ELECTRICAL ENGINEERING The electrical engineering industry is among the fastest growing sectors of Slovak industrial manufacturing, and thanks to its stable growth in revenues, employment and added value it has achieved a significant and irreplaceable position in the Slovak economy. Recently, the sector has enjoyed a high rate of foreign direct investment and the establishing of plants and service centres for the European market. Among the main factors that have sparked the tide of investments is development of the automobile industry as a major purchaser of electrical engineering and optical equipment, the tradition of electrical engineering production, the relatively low labour price as well as the investment policies of the state. This industry is truly a key employer at centres of the electrical engineering industry in Eastern Slovakia, such as Michalovce, Krompachy and Stropkov. Again, the Technical University in Košice educates top professionals for the region, and the labour market is wellstocked with a network of secondary vocational schools, one of which the electrical engineering school in Prešov is repeatedly ranked among the best secondary schools in Slovakia according to an assessment by the Institute for Economic and Social Reforms (INEKO). Selection of Largest Companies Within the Sector Company Location Key product Revenue in thousands Investor WHIRLPOOL SLOVAKIA spol. s r.o. Poprad Production of white home appliances - washing machines 310 999 Luxemburg BSH Drives and Pumps s.r.o. Michalovce Electric motors for washing machines, dryers, dishwashers and control units for white technology 192 276 Austria Draka Comteq Slovakia s.r.o. Prešov - Záborské Power and data cables 46 980 Netherlands TESLA STROPKOV a.s. Stropkov Button plates, telephone sets, electrical installation material 29 133 Slovakia LINAK Slovakia s.r.o. Župčany Electric linear drives 25 674 Denmark TATRAMAT - ohrievače vody, s.r.o. Poprad Water heaters 23 640 Germany Hengstler, s.r.o. Kežmarok Manufacture of industrial components for counting and control applications 14 504 Germany SEZ Krompachy a.s. Krompachy Manufacture of low and high voltage devices, current protectors, cam switches, switchboards 13 717 Slovakia 2J s.r.o. Bardejov Communication solutions especially for the automotive industry (GPS, GSM, Telematic antennas) 7 917 England AŽD W Poprad, s.r.o. Poprad Manufacture of conductor bundles and various conductor groups 6 687 Czech Republic ELEKTROCONNECT, s.r.o. Trebišov Manufacture of cables and cable harnesses for the automotive industry 6 525 Germany Telegrafia, a.s. Košice Warning, reporting and enterprise information systems 6 225 Slovakia Source: Agency VIA 88
WHIRLPOOL SLOVAKIA spol. s.r.o. from Poprad In 1991, a contract was signed to form a company called Whirlpool Tatramat, focusing on the production of washing machines. Whirlpool starting off with a 43% share in it. In 1996, Whirlpool acquired 100% of the Whirlpool Tatramat shares, and the company was renamed to WHIRLPOOL SLOVAKIA spol. s r.o. Since it entered the Slovak market, Whirlpool has received a number of awards, such as the title of Best in Europe in the Trade Partners Satisfaction survey, or Best Exporter, Family-Friendly Employer in the category of Equal Opportunities for Men and Women, Company of the Year, Via Bona, and Supplier of the Year, which are awarded by the Euronics business association. Thanks to the company s successful sales strategy and the popularity of the brand, Whirlpool has been the top-selling brand in Slovakia for 21 years now.
Industries CONSTRUCTION The skilled craftsmanship of the masons of Eastern Slovakia was known all over Europe even back in the 19th century. The Vocational Secondary School of Construction, Architecture and Land Surveying, based in Košice, was founded in 1879, during the times of Austria- Hungary, and the Faculty of Civil Engineering of the Technical University of Košice educates students in several specialised areas. Eastern Slovakia construction and design enterprises obviously do business not only in the region but workover all of Central and Eastern Europe. Complex engineering constructions, water works, motorways and high-speed roads, bridges, concrete constructions, sewerage, industrial parks, manufacturing halls and residential and commercial sites all of these are found in the portfolio of segment leaders that have their registered seat in Eastern Slovakia. Selection of Largest Companies Within the Sector Company Location Key product Revenue in thousands Investor EUROVIA SK, a.s. Košice Construction and reconstruction of motorways, roads and bridges, water management structures 112 500 International - France Inžinierske stavby, a. s. Košice Construction and reconstruction of roads and bridges, land and industrial buildings 58 271 International - France Carmeuse Slovakia, s.r.o. Slanec Production of lime and limestone 55 782 Belgium Chemkostav, a.s. Michalovce Construction and reconstruction of civil and industrial buildings, rental of transport mechanisms 48 924 Slovakia URANPRES, spol. s r.o. Prešov Provider of bansko-building, construction, geological and drilling works 34 383 Cyprus BETPRES, s.r.o. Vranov Construction work, rental of trucks and building mechanisms, tools 15 699 Slovakia STI, spol. s r.o. Krompachy Tube construction, construction activities 11 865 Slovakia PASELL SLOVAKIA s.r.o. Poprad Manufacture of concrete, cement, lime and plaster products 11 217 Slovakia BBF Tech, a.s. Levoča Electrical installation work 10 986 Slovakia ARPROG, a.s. Poprad Poprad Implementation of transport, engineering, industrial, residential and civil buildings 9 833 Slovakia Source: Agency VIA 90
EUROVIA SK, a.s. from Košice Among the large construction companies in Eastern Slovakia are two companies with strong foreign ownership participation and production references in the field of construction of surface buildings, roads, high-speed roads and motorways. Eurovia SK belongs to the international group Eurovia, which is a part of the worldwide concern VINCI with activities especially in Europe and North America. Inžinierske stavby has worked on the market for roads and surface constructions for more than 60 years, and today is a member of the French supranational company COLAS, which employs 57,000 people in 50 different countries around the world.
Industries WOOD PROCESSING & THE PAPER INDUSTRY Slovakia from a geographical point of view is a significantly diverse country, and with 41 % forest coverage it ranks among the most forested countries in Europe. The northern part of Eastern Slovakia has a value even above this average, with forests here covering up to 44.9 % of the territory. The first generally valid arrangement of forest management in this territory was issued in 1769 by Maria Theresa, when Slovakia was still a part of the Austria-Hungary monarchy. The most intensive period of wood extraction dates from the 1950s after the Second World War. The forestry and wood processing industry is one of the key contributors to employment and development in areas with less job opportunities in industry. Today, three secondary schools focused on forestry and woodcutting in the region, in Prešov, Spišská Nová Ves and Bijacovce, and they annually graduate more than 160 young professionals. Selection of Largest Companies Within the Sector Company Location Key product Revenue in thousands Investor BUKOCEL, a.s. Hencovce Paper pulp, powdered cellulose 65 276 Slovakia SANAS, a.s. Sabinov Furniture 34 245 Slovakia Eco-Pack a.s. Prešov Packaging material made of corrugated cardboard 8 981 Slovakia BEKY, a.s. Snina Furniture semi-finished products, hardwood processing 7 987 Slovakia HALDY - PLUS, spol. s r.o. Humenné Packaging material made of corrugated cardboard 5 849 Slovakia NOTES, a.s. Slavošovce Stationery and other articles of paper and paperboard 5 356 Slovakia UDAVA a.s. Udavské Processing of pilaar beech logs 5 060 Slovakia DREVOP, s.r.o. Dlhé nad Cirochou Machining of coniferous and lucerne logs, manufacture of furniture cuttings, prisms, sidewalks, boards and fabrics 4 549 Slovakia ATVYN, s.r.o. Košice Built-in cabinets and sliding doors 4 278 Slovakia SLOFRA s.r.o. Spišská Nová Ves Joinery products, furniture 3 860 Slovakia Source: Agency VIA 92
BUKOCEL, a.s. from Hencovce BUKOCEL, a.s. is a company characterized as so-called commercial sulphate pulp mill. BUKOSA HOLDING GROUP is the largest production company. The product portfolio consists of bleached paper pulp, with almost 95% of the input material being hardwood, preferably beechwood. The final product, paper pulp, is the basic raw material for the production of graphic, hygienic, packaging and special types of paper. It also serves as an input raw material for the production of powdered cellulose and various cellulose derivatives. Production capacity is more than 150,000 tonnes of pulp per year. The company exports almost 100% of its production. Among the largest buyers are European Union countries, mainly Austria, Germany, France and the Czech Republic. The portion of the export is routed beyond its boundaries. Hencovce
Investment Aid in Slovakia
Investment Aid in Slovakia REGIONAL AID FACTS & FIGURES INDUSTRY Regional investment aid is a form of state aid for entrepreneurs. Its main objective is to support economic development of the least developed regions of Slovakia and to reduce existing regional disparities. Typically, there are four applicable forms of investment incentives: tax relief, cash grant, contributions for the newly created jobs and transfer of state/municipal property for a discounted price. Under the Slovak Act on Investment Aid the following four types of projects may be granted investment aid: Industry Tourism Technology centres Shared services centres For the purposes of investment aid, the following long-term assets shall be considered as eligible: costs of land acquisition, costs of buildings acquisition and construction, costs of technology equipment and machinery acquisition, intangible assets licences, patents, etc., or labour costs of new employees for the period of 2 years. Minimum amount of investment in industry is based on the unemployment rate in the selected district. Industrial investment projects must also lead to the creation of at least 40 new jobs. In case of the least developed districts, implementation of the investment has to lead to the creation of at least ten new jobs. In case of expansions of existing establishments, the investment has to lead to an increase in the production volume or turnover by at least 15%. Minimum Investment amount Amount of new Large machinery and Own equity SMEs enterprises equipment Lower than Slovak average 10 mil. EUR 5 mil. EUR 60% Higher than Slovak average 5 mil. EUR 2.5 mil. EUR 50% At least by 35% higher than 50% 3 mil. EUR 1.5 mil. EUR 40% Slovak average The least developed districts* 0.2 mil. EUR 0.1 mil. EUR 30% *The legislation defines the least developed district as the one in which the unemployment rate is higher than 1.6 times the unemployment rate in Slovakia for at least nine questers in the previous 12 consecutive quarters. Source: Sario Investment Aid 2017 96
SL BJ SK SP ML PP KK SN RV LE GL SB KS PO KE VT TV HE MI SV SO Minimum Amounts of Investment / Classification by Districts (valid from 1. 1. 2017)
Investment Aid in Slovakia REGIONAL AID TECHNOLOGICAL CENTRES CONTRIBUTIONS FOR NEW JOBS The minimum investment amounts applicable for all technological centres and shared services centres are the same in all Slovak districts. The basic conditions are the following: Technological centres min. investment of 500 this. EUR on the fixed assets at least 250 this. EUR must be covered by own equity the company must employ at least 70% of employees having university education min. 30 newly created jobs Source: Sario Investment Aid 2017 Shared services centres min. investment of 400 this. EUR on the fixed assets at least 200 this. EUR must be covered by own equity the company must employ at least 60% of employees having university education min. 40 newly created jobs FOR 1 NEW JOB IN INDUSTRY Western Slovakia Central Slovakia Eastern Slovakia Zone A 15 000 30 000 30 000 Zone B 6 000 10 000 10 000 Zone C 5 000 9 000 9 000 Zone D 0 0 0 FOR 1 NEW JOB IN SHARED SERVICE CENTERS Western Slovakia Central Slovakia Eastern Slovakia Zone A 18 000 30 000 30 000 Zone B 6 000 6 000 6 000 Zone C 6 000 6 000 6 000 Zone D 6 000 6 000 6 000 FOR 1 NEW JOB IN TECHNOLOGY CENTERS Western Slovakia Central Slovakia Eastern Slovakia Zone A 30 000 30 000 30 000 Zone B 10 000 10 000 10 000 Zone C 10 000 10 000 10 000 Zone D 10 000 10 000 10 000 FOR 1 NEW JOB IN TURISM Western Slovakia Central Slovakia Eastern Slovakia Zone A 30 000 30 000 30 000 Zone B 6 000 10 000 10 000 Zone C 5 000 9 000 9 000 Zone D 0 0 0 Source: Sario Investment Aid 2017 98
In relation to contributions for newly created jobs, investment aid is classified by specific region and department, according to location of created jobs. SL BJ SK SP ML PP KK SN RV LE GL SB KS PO KE VT TV HE MI SV SO Maximum Contributions for New Jobs (under Gov. Regulation Nr. 219/2015 Coll.) (valid from 1. 1. 2017)
Investment Aid in Slovakia REGIONAL AID AID INTENSITY Maximum aid intensity means the maximum amount of investment incentives calculated as a portion of the eligible costs. The maximum intensity of investment aid is determined by the GDP per capita in the specific region. SL BJ SK SP ML Eastern Slovakia Max. Investment Aid (in total) 35% Max. Cash Grant 35% Max. Income Tax Relief 35% Max. Contributions for New Jobs 35% Source: Sario Investment Aid 2017 PP KK SN RV LE GL SB KS PO KE VT TV HE MI SV SO Maximum Regional Intensities and Maximum Intensities of Applicable Incentives Forms (valid from September 15, 2015) 100
Real Estate & Locations
Real Estate & Locations SLOVAKIA REAL ESTATE & LOCATIONS New investor interest in Slovakia has never been so high. In 2015, new institutional investors, including Blackstone, Reico, Lonestar, CTP and TPG, joined other recent entrants to the market in 2013/2014. Real Estate Investment by Origin of Investor Still more new institutional investors are expected to transact in 2016 along with increasingly active existing local investors. Improving macro-economic figures and confidence in Slovakia, together with the availability of good quality stock at realistic pricing is stimulating transactions. 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 Development of the Investments in Slovakia Real Estate (mil EUR) 60 80 90 100 375 390 500 595 580 856 Country Country Investment in % Germany 26 Slovakia 21 Singapore 17 Austria 10 Australia 9 South Africa 8 Great Britain 5 Czech rep. 4 Source: Collier International 0 200 400 600 800 1000 Source: Colliers Internationals 104
Investment by Asset Class and No. of Transactions in 2016 Asset class Asset class % Industrial 36 Office 23 Retail 18 Land 14 Multi use purpose 4 Residential 5 Source: Collier International
Real Estate & Locations EASTERN SLOVAKIA REAL ESTATE & LOCATIONS STOCKS IN SLOVAKIA DEVELOPMENT OF THE SPACES Development of industrial and logistics premises in all major markets in Europe was positive in 2016 and this trend is noticeable in Slovakia as well. Slovakia has reinforced its position in the automotive industry and remains attractive for both suppliers and logistics companies. The automotive industry has a strong tradition in Slovakia and has become the most important sector and driving force of the Slovak economy. The recent Jaguar Land Rover entry, now the fourth automotive producer in the market continued the trend. The market also experienced stronger investment activity in industrial and logistic premises. At the end of 2016, total modern industrial supply of A Grade premises in Slovakia equalled to 1,800 thousand m². We can consider the turn of the millennium as the start of the most significant building of modern industrial zones, offices and shopping centres of Eastern Slovakia, even though we can see an even more dynamic period in the past 10 years. While Košice, the metropolis of the region, is clearly the dominant location in office space, other individual districts are more equally represented in the retail segment. Industrial zones have originated as brown field parks in original infrastructure or as new areas with the support of the state in places where the government decided to support employment and regional development with variety of stimulus packages. Industrial Stock in Slovakia (thousand m2) 2016 1800 2015 1494 2014 1267 2013 1223 2012 1186 2011 1052 2010 1006 2009 982 0 500 1000 1500 2000 Source: Colliers Internationals Development of the Growth of Office Spaces of A and B Grade Quality in Košice (m2) 2017 2014 2010 2005 2001 0 5720 6000 6000 125458 137458 0 30000 60000 90000 120000 150000 Source: Agentúra VIA 106
Development of the Growth of New Retail Spaces in Eastern Slovakia (m2) 2017 354844 2014 319544 2010 262164 2005 104850 2001 34420 0 50000 100000 150000 200000 250000 300000 350000 400000 Source: Agentúra VIA
Real Estate & Locations EASTERN SLOVAKIA REAL ESTATE & LOCATIONS PRICE MAP In 2016, the Retail market in Slovakia recorded an acceleration in growth, due to the macroeconomic situation and innovation in the retailing industry itself. The Slovak economy continued to register GDP growth, propelling lower unemployment and rising real wages and bolstering demand overall. Consumers have become more willing to spend money than they were in the past. With a glance at a price map, we can see the natural price difference between Bratislava, the most economically mature region in Slovakia, and the Eastern Slovakia region. The price interval takes into consideration the attractiveness of a locality, the degree of facilities and the range of accessory services. Retail Stock in Regional Cities 2016 (m²) Region Region % BA 40 KE 12 NR 9 PO 6 TR 6 TT 9 ZA 10 BB 8 Source: Collier International Price Map - Bratislava City Office space ( / m2 / month) Logistics/warehauses ( / m2 / month) Bratislava 10.00-13.00 3.60-5.00 Price Map - Eastern Slovakia Košice 6.00-9.00 2.50-4.00 Prešov 4.50-6.50 2.00-3.00 District towns 4.00 6.00 2.00-3.00 Source: Agentúra VIA 108
Real Estate & Locations GREEN FIELDS Location of Selected Green Fields in Eastern Slovakia More intensive building of industrial parks in Slovakia is linked to the period after the year 2000, which is also characterised by a massive influx of foreign investors. Green field or brown field areas thus prepared have speeded up and continue to speed up the launching of industrial production or service activities in the individual regions and enable investors to concentrate on their core business. MAP WITH DISTRICTS OF EASTERN SLOVAKIA Prešov (PO) Self-governing Region Košice (KE) Self-governing Region Table of Selected Green Field Parks in the Region Green Fields Size ( in m²) Owner Highway Railway Power Gas Industrial Park Kechnec 3 320 000 Kechnec 0 km 2 km 80 MV DN 300 Košice - Immopark 975 000 Erste Group Immorent 0 km 7 km 8-20 MW DN 315 Slovensko Industrial park Veľká Ida 300 300 Private 8 km 6 km 6-12 MW DN 150 Industrial park Prešov - Záborské 246 300 Prešov 1 km 1 km 10.3 MW DN 160 IP Kežmarok IPPoprad - Matejovce Industrial zone Spišská Nová Ves IP Prešov - Záborské IP Medzilaborce IP Gutmanovo - Humenné Industrial park Kežmarok 176 000 Kežmarok 14 km 0.2 km 8 MW DN 160 Industrial park Vranov nad Topľou 127 700 Vranov nad Topľou 46 km 3 km 1.85 6.60 MW DN 300 Industrial zone Spišská Nová Ves 67 800 Spišská Nová Ves 10 km 5 km 100 kva MP SH 110 Industrial park Gutmanovo - Humenné 54 000 Humenné 70 km 0 km 630 kw RS 440 Industrial park Medzilaborce 46 900 Medzilaborce 85 km 1 km 1 MW DN 160 Industrial park Poprad - Matejovce 90 900 Poprad 1 km 1.6 km 2 MW RS 440 IP Veľká Ida Industrial park Kechnec Košice - Immopark Source: Agentúra VIA 110
Real Estate & Locations BROWN FIELDS Location of Selected Brown Fields in Eastern Slovakia Brown fields are located in almost every corner of the region. They offer areas and infrastructure, which were built there for industrial production in the past and after the stage of restructuring these spaces are now prepared and suitable for new investments in the field of manufacturing or logistics. MAP WITH DISTRICTS OF EASTERN SLOVAKIA Prešov (PO) Self-governing Region Košice (KE) Self-governing Region Brown Fields Table of Selected Brown Field Parks in the Region Area ( in m² ) Halls ( in m² ) Owner Highway Railway Power Gas Industrial park Trebišov 90 600 33 000 Trebišov + private 50 km 2 km 7 MW STL Medzilaborce Kovostroj a.s. 100 000 25 000 unregulated land 100 km 0.5 km 22 MW DN 160 Industrial zone Stropkov 90 000 8 000 Stropkov 50 km 50 km 1.2 MW DN 160 Industrial park Levoča 119 800 3 800 Levoča 2 km 0.5 km 1.6 MW DN110 Industrial park Chemosvit 58 000 19 300 Chemosvit a.s. 1 km 0.2 km VN 5.25 RCC Prakovce 56 000 23 630 France, Slovakia 44 km 2 km 6x1000 kva 1x630 kva pressure 100-300 Pa 2 000 000 MWh/rok VSS Košice 44 721 21 029 VSS a.s. 3 km 2 km 10 MW available Aresland Košice-Šaca 16 079 1 188 private 20 km 1 km 2 x 630 kva TV 110/70C Industrial park Bardejov 11 789 13 544 Bardejov 44 km 2 km 6 MW Industrial park Kojšov 5 000 900 Kojšov 30 km 5 km 0. 64 MW Industrial park Rožňava Industrial park Krompachy Source: Agentúra VIA VTL DN 150 PN 4.0 MPa STL 5100 m<sup>2</ sup>/year 136 000 79 675 Rožňava 3 km 0 km 2.63 MW STL 21 000 6 097 Krompachy 15 km 1 km 1 MW STL IP Chemosvit IP Levoča IP Krompachy IP Kojšov RCC Prakovce IP Rožňava IP Bardejov Aresland Košice-Šaca Medzilaborce Kovostroj a.s. Industrial zone Stropkov VSS Košice IP Trebišov 112
Health Care
Health Care FACTS & FIGURES Healthcare in Eastern Slovakia is currently going through a phase of rapid development owing to a number of restructuring and modernisation processes, which are mostly funded using private resources. Most of the hospitals in the region are run by private companies. According to the survey carried out by the independent institute INEKO last year, the top three positions were taken by three general hospitals situated in Eastern Slovakia in Poprad, Košice-Šaca, and Stará Ľubovňa. At the end of the year 2015, Eastern Slovakia had 4,419 primary health care facilities, 371 secondary (institutional) care units, and around 50 inpatient facilities, some of which are specialised or spa-type facilities. With regard to certain indicators pertaining to the number of health care professionals per 100,000 inhabitants, Eastern Slovakia is a leading region that comes right after the Bratislava region, where a high number of nationwide specialised facilities are situated. The same holds true for the number of hospital beds in fact, according to NUTS2, Eastern Slovakia often boasts higher figures in comparison to the surrounding regions in terms of indicators. Number of doctors per hundreds thousands of inhabitants 2012 2013 2014 2015 Észak-Magyarország 214.29 228.62 240.25 211.94 Észak-Alföld 271.87 273.52 305.61 286.27 Malopolskie 233.40 234.36 228.77 230.46 Podkarpackie 202.59 206.02 208.50 214.36 Central Slovakia 300.63 301.50 306.86 317.02 East Slovakia 326.00 329.05 333.95 336.35 Source: Eurostat, NHIC Medical statistic 2016 Number of Number of inpatient care units beds Inpatients bed days ALOS Medical Number of Number of Number of beds per doctors medical doctor Prešov Region 200 4 962 152 720 1 125 216 7.4 5.4 926.52 Košice Region 208 5 364 170 598 1 371 717 8.0 4.7 1 153.18 Slovak Republic in total 1 252 31 785 1 015 651 7 855 722 7.7 4.8 6 576.18 Source: Statistic Office of the Slovak Republic 116
There are several specialised facilities of nationwide significance in Eastern Slovakia. They include the National Institute for Tuberculosis, Pulmonary Diseases, and Thoracic Surgery in Vyšné Hágy the only one of its kind in Slovakia, located in the High Tatra at an altitude of 1,130 m. above sea level and Nemocnica Košice-Šaca a.s. a private hospital in Košice-Šaca that specialises in the treatment of burns and was primarily established to provide care to the employees of the nearby U.S. Steel Košice plant.
Health Care SPECIALISED FACILITIES Východoslovenský ústav srdcových a cievnych chorôb, a.s. Košice (Eastern Slovakia institute for cardiovascular diseases) Established in 2010, the Institute is the principal facility focusing on the treatment of severe cardiovascular diseases in Eastern Slovakia, ranking among the most well-equipped and state-of-the-art facilities in the region. Východoslovenský onkologický ústav, a.s. Košice (Eastern Slovakia oncology institute, joint-stock company) Offering comprehensive outpatient and inpatient health care to patients with oncological conditions, the Institute covers everything from diagnostics through treatment to continuing health care. As for inpatient care, the facility provides care in the spheres of oncology, onco-otorhinolaryngology, and onco-gynaecology, as well as complex anti-tumour treatment, including radio- and chemotherapy. In addition to providing theoretical and practical classes for secondary medical school students, as well as practical and theoretical university courses aimed at health care professionals, the Institute also participates in science and research projects and training scientific researchers. ORL Humenné, s.r.o. (Otorhinolaryngology Humenné) Offering therapeutic and preventive care as a specialised medical facility, ORL Humenné specialises in the field of otorhinolaryngology and uses state-of-the-art diagnostic and therapeutic methods. The facility also provides same-day, outpatient surgery in the field of general and plastic surgery for VŠZP and Union health insurance policyholders. Železničná nemocnica s poliklinikou Košice (Railway hospital with a polyclinic in Košice) With a history of 40 years, this medical facility is a general hospital originally established to provide health care services to railway employees, including railway accident intervention. 118
Letecká vojenská nemocnica, a.s., Košice (Military air force hospital in Košice) With a history going back as far as the year 1858, this Type II polyclinic is the only medical facility in Slovakia providing comprehensive health care to members of the country s armed services, as well as military and civil aviation personnel. The hospital provides services to patients insured with any of the health insurance companies in Slovakia, as well as those without health insurance, including self-paying foreign nationals.
Health Care Name of Hospital International certification/ evaluation What Clinical Departments they have How many percentage of Doctors/Nurse can speak English. English language at the Reception desk Working hours "Emergency" treatment for 24hours. Source: Košice city SPECIALISED FACILITIES Nemocnica Košice-Šaca a.s. 1. súkromná nemocnica Detská fakultná nemocnica Košice (Children s Faculty Hospital) FIFA Medical Centre of Excellence, EN ISO 9001:2008 "ISO 9001 Quality management system, EN Baby Friendly Hospital ISO 14001:2004 Enviromental " management system 120 "Department of Gynaecology and Obstetrics, Department of Surgery, Department of Internal Medicine, Department of Medical Rehabilitation, Department of Musculoskeletal and Sports Medicine, Department of Otorhinolaryngology, Department of Burns and Reconstructive Surgery, Department of Radiology, Department of General Medicine, Department of Dermatology, Newborn Department, Department of Anesthesia and Intensive Medicine, Department of Longterm Patients, Occupational Medicine and Toxicology, Eye Department,ORL Department, Haematological Transfusion Department, Diagnostic Center, Hyperbaric Center, Department of Clinical Biochemistry, Estetique Center" 50% "Clinic of Pediatrics Clinic of Pediatric Anesthesiology and Intensive Medicine Clinic of Neonatology Department of Pediatric Surgery Department of Pediatric Neurology Department of Pediatric Oncology and Hematology Department of Pediatric Infectious Disease Department of Pediatric Otorhinolaryngology" "about 90 % of Doctors and about 15-20 % of Nurses" An example of the network of health care services in the region: UNIVERSITY HOSPITAL of LOUIS PASTEUR, KOSICE ISO 9001/2015 "All clinically relevant departments excluding heart surgery" Doctors almost all, nurses almost none. The oncological institute of East Slovakia ISO standards EN ISO 9001:2008, EN ISO 14001:2014N "List of Departments: department of clinical oncology department of radiation oncology department of otolaryngology department of gynecology department of radiology intensive Care unit" 30 % of Doctors/ Nurse can speak English Yes Yes No No "Clinics: 7:00-15:00 Call - emergency phone" "Železničná nemocnica s poliklinikou Košice (Hospital of Slovak railways) Svet zdravia net" ISO 9001:2008, ISO 14001:2004 a OHSAS 18001:2007 In preparation for accreditation of "SAK", like JCI accreditation, only localized for Czech and Slovak republic. "Inpatients dpts: Internal medicine dpt, General Surgery dpt, Orthopedic Surgery dpt with low back neurosurgery, Neurology dpt., Physical Medicine and Rehabilitation dpt., Dpt of anaesthesiology and intensive care. Outpatients dpts: General practitioners, Algesiology Pain management, Angiology, Dermatovenerology, Diabetology, Endocrinology, Gastroenterology, Gynaecology, Haematology, Surgery, Internal medicine, Daytime Outpatient Care - One day surgery, Cardiology, Neurological outpatient clinics, Ophthalmology, Orthopedic Surgery outpatient clinics, Otorhinolaryngology, Pneumology, Psychiatry, Psychology, Physical Medicine and Rehabilitation, Rheumatology, Urology, Radiology department with complete range of diagnostic and treatment imaging services such including CT, MRI, Employee and Community Health and Preventive and Occupational Medicine, Neurosurgery" approximately 30 % We have no reception desk, but we have good new navigation system 24 hours/7 days 24 hours/7 days 07:30-14:30 7:00-15:00 Eastern Slovakian Institute of Cardiovascular Diseases We have Certifications of Quality : ISO 9001 : 2008, ISO 14001: 2015, OHSAS 18001: 2007 Center for the Region of Eastern Slovakia, Clinic for Anaestesia and Intensive care, Full medical service for criticaly ill patients, Clinic of Cardiac Surgery, Covers the full program of adult cardiac surgery except heart transplant program, Clinic of Cardiology including unit of invasive Cardiology, Unit of Invasive arytmology, Cardiological ICU, Dept. of angiology, Covers full program of invasive cardiology including 24 hours PCI program, full program of invasive artymology including electrophysiology, ablations of atrial and ventricular arhytmias, implantation of pacemalers and ICDs, full program of invasive angiology/ radiology including aortic and carotid stenting. Clinic of Vascular Surgery, Covers the full Program of vascular Surgery including hybrid endovascuar Procedures "about 90 % of Doctors and about 20 % of Nurses " No 7:00-15:00 24 hour service on all Clinics Aviation Military Hospital ISO 9001 Department of geriatry and gerontology, Ambulance of Aviation medicine, Ambulance of Functional diagnostics, Abulance of Surgery, Ambulance of Internal Medicine, Ambulance of Otorhinolaryngology, Ambulance of Neurology, Ambulance of General Medicine, Ambulancet of Dermatology, Ambulance of Gynekology, Ambulance of Psychology, Ambulance of Psychiatrics approximately 40 % Yes Yes Yes Yes Yes Yes No No 7:00-15:00
Tourism and Leisure time
Tourism and Leisure time FACTS & FIGURES Arrivals at tourist accommodation facilities in Slovakia and East Slovakia The integration of the country into the European Union, membership in the Schengen space, adoption of the euro currency and the inflow of investments were the impulse for development of the tourism industry in Slovakia. Hiding great potential for the development of tourism, the region of Eastern Slovakia offers an outstanding variety of possibilities when it comes to leisure activities. The region has seen a rising number of tourists and a boom in tourism particularly in the last three years. Arrivals of residents 3000000 2500000 2000000 Arrivals of nonresidents Arrivals, total Hotels; holiday and other short-stay accommodation; camping grounds, recreational vehicle parks and trailer parks 2000000 1500000 5000000 4000000 3000000 1500000 1000000 500000 2010 2012 2015 2010 2012 2015 1000000 500000 2010 2012 2015 2010 2012 2015 2000000 1000000 2010 2012 2015 2010 2012 2015 0 0 0 Slovakia East Slovakia Slovakia East Slovakia Slovakia East Slovakia Structure of visitors in Accommodation Facilities in Slovakia (2016) Country Country Share in % Slovakia 59.7 Czech Republic 12.4 Poland 3.7 Germany 3.5 Hungary 1.8 Austria 1.8 other 17.1 Source: Union of Hotels and Restaurants of the Slovak Republic GEO/ TIME Slovakia East Slovakia 2010 1 313 019 283 994 Source: Eurostat 2012 1 510 699 314 381 2015 1 700 746 312 170 GEO/ TIME Slovakia East Slovakia 2010 1 313 019 283 994 Source: Eurostat 2012 1 510 699 314 381 2015 1 700 746 312 170 GEO/ TIME Slovakia East Slovakia 2010 3 355 128 879 844 Source: Eurostat 2012 3 730 362 934 693 2015 4 274 035 989 948 124
Tourism and Leisure time FACTS & FIGURES Visitors in Accommodation facilities for tourism in 2016 Number of beds in accommodation facilities Visitors together Foreign Visitors Domestic Visitors Number of Visitors Average number of nights Number of Visitors Average number of nights Number of Visitors Average number of nights Slovakia 5 023 629 2.8 2 027 009 2.5 2 996 620 3.0 East Slovakia 1 201 542 2.7 387 748 2.7 813 794 2.6 Source: Statistical Office of the Slovak Republic 2016 total hotels boarding houses campings Slovakia 192 218 70 321 25 453 34 326 East Slovakia 55 479 18 218 7 590 12 396 2014 Slovakia 190 595 67 276 24 387 37 655 East Slovakia 59 025 17 914 6 965 15 980 2010 Slovakia 183 898 62 419 22 785 39 687 East Slovakia 58 287 17 005 6 415 16 353 Source: Statistical Office of the Slovak Republic Foreign Visitorss Domestic Visitors 2016 192 218 2014 190 595 East Slovakia 2010 183 898 0 50000 100000 150000 200000 126
Sales revenue from visitors in in 2016 total hotels ****/***** hotels *** hotels */** other accommodations and campings private accommodation Slovakia 371 205 842 176 050 108 84 447 439 22 250 678 39 075 073 107 119 East Slovakia 79 956 463 34 055 072 22 839 058 5 934 930 5 894 492 29 284 Source: Statistical Office of the Slovak Republic 371 205 842 176 050 108 84 447 439 22 250 678 39 075 073 107 119 0 50 100 150 200 250 300 350 400
Tourism and Leisure time DESTINATIONS Types of tourist destinations in Eastern Slovakia (2016) UNESCO Eastern Slovakia offers a number of unique natural and cultural monuments. As a matter of fact, most of UNESCO Slovakia s natural and cultural monuments are located right in this region. MAP WITH DISTRICTS OF EASTERN SLOVAKIA Natural heritage Cultural heritage 4. Bodružal Baths, aqua parks and thermal swimming pool Castles Museums and galleries Theaters and operas Zoological and botanical gardens 4. Kežmarok 2. Levoča 1. Ladomírová 4. Hervatov 8. Vihorlatské Hills 7. Bukovské Hills 12 23 3. Spišský hrad 4. Ruská Bystrá 4 4 33 6. Dobšinská jaskyňa 5. Jasovská jaskyňa 5. Caves and Abysses in Slovenský kras 0 5 10 15 20 25 30 35 Source: Slovstat, Slovakia.travel.sk Source: slovakia.travel.sk 128
1. Bardejov The Town Monument Reserve of Bardejov is known of as the most Gothic of Slovak towns. Its center consists of historical buildings. The most dominant monument of the town square is the Roman Catholic Basilica of St. Egidius from 15th century. 2. Levoča The Town Monument Reserve of Levoča contains a set of cultural and historical monuments. Especially rare is the gothic wooden main altar of St. James in the Roma-Catholic St. James church. Altar made by Maestro Pavol with the height of 18.6 m is the highest of its kind in the world from 16th century. 3. Spišský hrad ( Spiš Castle ) This National Cultural Monuments with its area of more than four ha is one of the largest castles in Central Europe. Near the Spiš Castle is the old town of Spišské Podhradie which was an important centre of crafts and the Spišská Kapitula a religious capital of the Spiš region.
UNESCO Tourism and Leisure time DESTINATIONS 4. Wooden Churches Unique elements of traditional folk architecture were made mostly from wood without iron nails. The wooden churches of the Carpathian Mountain ain Area in Eastern Slovakia include the Roman Catholic Church in Hervartov, Evangelical Articular Church in Kežmarok, and the churches of Eastern Greek Catholic rite in Bodružal, Ladomirová and Ruská Bystrá. 5. Caves and Abysses in Slovenský kras ( Slovak Karst ) Extraordinary concentration of more than 1000 caves and abysses in the National Park Slovak Karst have been inhabited by more than 500 animal species. Also the series of prehistoric cultural finds there have been preserved dating 35 000 years back. The most significant karst monuments are Ochtinská aragonitová Cave, Gombasecká Ćave, Domica Cave, Krásnohorská Cave and Jasovská Cave. 7. Bukovské vrchy ( Bukovské Hills ) Beech forests of Carpathians in Eastern Slovakia are located in the National Park Poloniny. Rarity of this area is occurrence of the largest complexes of original virgin beech woods places, endangered animal and plant species. 8. Vihorlatské vrchy ( Vihorlatské Hills ) The Biosphere Reserve is a large complex of beech forests in East Carpathy. The 240 years and older beech specimens are no exceptions. Vihorlatské Hills boasts an exceptional natural phenomenon the largest necrastic natural mountain lake Sea Eye. 6. Dobšinská jaskyňa ( Dobšinská Cave ) This one of the most important karts areas in Central Europe is located in National Park Slovak Paradise. Ice cave occurs beautiful and unique forms of floor ice, ice waterfalls, ice stalagmites and pillars. 130
Tourism and Leisure time NATURE TOP 10 NATURAL GEMS National parks: Places of natural beauty: The riches and variety of the natural environment in the region of East Slovakia are easy to spot. The region boasts a wide spectrum of outstanding sites that provide opportunities for both active and passive relaxation and appreciation of natural beauty. 1. The High Tatra 2. Slovenský raj ( Slovak paradise ) 3. Slovenský kras ( Slovak karst ) 4. Pieniny 5. Poloniny Source: slovakia.travel.sk 6. Studený potok ( Cold brook ) 7. Herliansky gejzír ( Herľany geyser ) 8. Morské oko ( Sea eye ) 9. Latorica 10. Natural Park in Betliar 132
Tourism and Leisure time CULTURE TOP 10 CULTURAL EVENTS Events: Eastern Slovakia s rich diversity has been shaped by the interplay and clashes of various cultures, as well as the region s strategic location, landscape variety, eventful history, and important crossroads on the edge of the advanced European civilization. Every year, the region sees more than 8,000 cultural, social, and educational events. 1. Biela noc ( White night ; source: bielanoc.sk) 2. Košická hudobná jar ( Košice music spring festival ; source: www.sfk.sk) 3. Cassovia folkfest (source: Slovakia.travel.sk) 4. FF Východná ( Folklore festival in Východná ; source: festivalvychodna.sk) 5. Pivný festival ( Beer festival ; source: saris.sk) 6. Tokajská vínna cesta ( Tokaj wine route ; source: terraincognita.sk) 7. Tatranské a Popradské letá v Tatrách ( Tatra and Poprad summers in the Tatra mountains ; source: slovakia.travel.sk) 8. Dni Majstra Pavla ( Master Paul s days cultural festival ; source: levoca.sk) 9. Noc múzeí a galérií ( Night of museums and galleries ) 10. Gurmán fest ( Gourmet festival ; source: visitkosice.sk) 134
Tourism and Leisure time SPORTS TOP 10 SPORTS TIPS Recommended: In the last few years, Slovakia s tourist investment plans have focused on increasing the quality of accommodation facilities, sports centres, skiing resorts, and waterparks, the largest company focusing on tourism in Slovakia particularly in the region of the High Tatra being Tatry Mountain Resorts. The region of Eastern Slovakia offers up to 245 ski tows and chair lifts, covering a total of 134 kilometres in all 35 skiing resorts put together. 1. Štrbské pleso Skiing Resort 2. Lomnické sedlo Skiing Resort 3. Bachledova dolina Skiing Resort 4. Drienica Skiing Resort 5. Krompachy Plejsy Skiing Resort 6. Hornád River canyon rafting in Slovenský raj ( Slovak paradise ) 7. Steel Arena ice-hockey stadium in Košice 8. Golf courses near Malá Ida and Veľká Lomnica 9. International Peace Marathon in Košice (Source: kosicemarathon.com) 10. Podtatranská cyklomagistrála ( Arterial cycleway at the foot of the Tatras ) Sports Routes in Eastern Slovakia Route type Number of routes Route length (km) Hiking trails 772 6 510 Bike trails 249 3 607 Ski trails 98 597 Source: vychodne-slovensko.oma.sk 136
Tourism and Leisure time RELAXATION TOP 10 WELLNESS TIPS Spa centers : Eastern Slovakia offers a wide range of possibilities for relaxation and wellness activities in several spa centers and waterparks. 1. Bardejov Spa 2. Horný Smokovec Spa 3. Nový Smokovec Spa 4. Štós Spa 5. Ľubovnianske kúpele ( Stará ľubovňa Spa ) 6. Vyšné Ružbachy Spa 7. Štrbské Pleso Spa 8. Poprad Aquapark 9. Vrbov thermal spa 10. Šírava thermal park 138
Tourism and Leisure time HISTORY TOP HISTORICAL SIGHTS The region s rich history can be felt in almost all the towns and villages of East Slovakia there are a great number of castles, palaces, museums, open-air museums, churches, and other sights, all of them offering interesting insights into the region s recent history and distant past. Interesting sights: 1. Spiš Castle (Source: spisskyhrad.com) 2. Master Paul s altar in Levoča (Source: levoca.sk) 3. Krásna Hôrka Castle (Source: hradkrasnahorka.sk) 4. Betliar Manor House (Source: betliar.eu) 5. Stará Ľubovňa Castle (Source: hradlubovna.sk) 6. St. Elisabeth s Cathedral (Source: visitke.eu) 7. St. Michael s Chapel (Source: visitke.eu) 8. Little wooden churches 9. Andy Warhol Museum 10. The historical town centre of Bardejov 11. The historical town centre of Kežmarok 12. Prešov Salt Plant 140
Directory of Contributors Statistical Office of Slovak Republic www.statistic.sk Slovak Investment and Development Trade Agency www.sario.sk KPMG Slovensko www.kpmg.com/sk Faculty of Business Economics of the University of Economics in Bratislava with seat in Košice https://www.euba.sk/faculties/faculty-of-business-economy,-kosice City of Košice www.kosice.sk Košice Self governing Region www.vucke.sk Prešov Self governing Region www.po-kraj.sk Colliers International www.colliers.com/en-gb/slovakia 142
Acknowledgements Ministry of Economy of the Slovak Republic www.economy.gov.sk Slovak Investment and Development Trade Agency www.sario.sk City of Košice www.kosice.sk Košice Self governing Region www.vucke.sk Prešov Self governing Region www.po-kraj.sk