 | industries / electronics and electrical |
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Research laboratory of electronics Facts and Figures in 2006 Number of companies: 782 Number of employees: 36,588 Revenue (in EUR): 3.7 billion Exports (in EUR): 2.6 billion Key export markets: Germany, Italy, Croatia, Austria, France, Russia, Denmark, UK (Source: AJPES, 2007) Key products: Testimonials »It’s worth stressing among other strong points that Slovenia boasts a good education system and professional training schemes. Many years of working with Slovene people have confirmed my first impression that the local people are well-trained on the one hand, and flexible and open-minded on the other.« Mr. Kurt Reinwald, Director BSH Hišni aparati BSH Bosch und Siemens Hausgeräte »Tradition, experience and knowledge, combined with that little extra, that each individual is giving in creating new products and offering the best service, are making us a competent partner to our global customers. It is nothing but profitable investment.« Troels H. Petersen, President Danfoss District Heating Controls Danfoss »Encouraged by a decade of ongoing business relations with a Slovenian company, VOGT Electronic AG decided to invest in Slovenia in 1997. Confidence in Slovenia as suitable investment location was based on its qualified personnel, management flexibility and a drive to enter new markets.« Janez Ločniškar, Director Vogt Electronic Slovenija Vogt Electronic Quality workforce When it comes to the development and production of electronic components, electrical devices, equipment and systems, Slovenia’s electrical engineering boasts an enviable industrial tradition. Educated workforce, continuing investment in research and development, intelligence to spot a market niche and a long track-record of staff and managers in the industry, have explain how local companies have been meeting demanding international standards and have won the most discerning buyers. Productivity in Industry (PPP), 2006 Related GDP (PPP) per person employed in industry (in EUR) Source: IMD - World Competitiveness Yearbook, 2007 Innovative spirit and clever technical solutions are the qualities often found in Slovenian workforce. In the sector, there are over 36,500 employees in over 690 companies. Some 6,500 students are enrolled in undergraduate courses for electrical and electronics engineers. The number of students in secondary schools for electrical engineering and computers is 8,500. Estimated gross annual labour costs in electronics and electrical industry for 2008 (Total cost per employee in EUR) Source: Adecco & JAPTI, 2008 A cutting edge of Slovenian workforce is command of foreign languages. International studies rank Slovenians at the European top. 71% of population can communicate in at least one world language with the English and German being most widespread. Nevertheless, language schools are still busy year round and companies encourage staff to brush up on their language skills on a regular basis. Quality link to regional markets A central geopolitical position at the cross-roads of trade and transport routes gives Slovenia a cutting edge and accounts for its historical, cultural and economic profile – the key elements of its national economy. By definition, Slovenia is an export-oriented country, and its electrical and electronics industry is a vital element of the country's export mix with 70% of sales earned in foreign markets. The companies held by domestic owners such as Gorenje, Iskraemeco, and Kolektor achieve excellent results in demanding markets under their own brands. The performance of the companies in foreign or mixed ownership as exporters is equally good with Iskratel and Danfoss being among the high-fliers. Over the past few years, the Slovenian electrical and electronics companies have been pro-active in exploiting investment opportunities in the markets of south eastern Europe (SEE) where Slovenia is one of the most important foreign investors. Thanks to its position and decades of fostering economic links with its neighbours, Slovenia is in a pole position to serve the markets in the region. The number of international companies setting up their regional hubs in Slovenia is rising attracted by the expertise of local managers, sales force and field engineers and their in-depth knowledge of the regional markets. They speak the language, they are familiar with legislation, they know their way around, and what’s most important there are no cross-cultural barriers for them. Quality infrastructure Slovenia lies at the intersection of the 5th and 10th pan-European transport corridors for road and rail transport. Its transport and IT infrastructure is well-branched. The Adriatic port of Koper is the shortest maritime connection for cargo arriving from Asia to landlocked countries of central Europe through the Suez Canal. Slovenia’s electrical and electronics industry successfully competes in the global market offering a wide range of products. Design, development and engineering of cutting-edge products in conformity with the leading international standards (ISO 9000, 14000, VDA 6.1 and QS 9000) coupled with continuous improvement of methods and systems throughout the business process, provide a key to a long partnership with renowned buyers of Slovenian products. Operating efficiency is backed by close cooperation with the universities, research institutions, professional associations on the one hand and successful domestic and foreign engineering companies on the other. Slovenian suppliers are best known on the business-to-business market, although there are several household names on the business-to-customer market. Productivity/value added per employee in 2006 Source: AJPES, 2007 Resilience and ability to cope with challenges demonstrated by the companies such as Gorenje (household appliances), Kolektor (a market-maker for commutators) and Iskratel (telecommunications equipment) and many smaller companies inspire investor confidence. Iskra trade mark is as strong as ever and motivates new entrants and foreign companies. Among major foreign investors BSH Bosch und Siemens Hausgeräte, Danfoss and Vogt electronic stand out. Leading domestic and foreign-owned companies Faculties, research institutions and associations |
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JAPTI - Public Agency of the Republic of Slovenia for Entrepreneurship and Foreign Investments disclamer |