Quality link to regional markets

Ljubljana's bypass

01/04/13

Quality link to regional markets

Investors wishing to build a customer network in Europe’s east and southeast by leveraging Slovenia as a gateway to the regional markets can benefit from expanding their business through Slovenia with its supportive environment with pro-business infrastructure and technically-savvy workforce.

Slovenian exports by country in 2011 

Market

EUR million

EU-27

14,740

Germany

4,389

Italy 

2,474

Austria

1,612

France

1,407

Poland

648

Hungary

615

United Kingdom

495

Netherlands

440

SEE

2,913

Croatia

1,403

Serbia

617

Bosnia & Herzegovina

571

Other countries

3,161

Russian Federation

747

USA

323

Switzerland

258

Turkey

218

TOTAL

20,814

Source: Statistical Offie of the Republic of Slovenia, 2012

 

 

With its distinctive export-oriented economy, most Slovenia’s exports were destined mostly for EU countries and investors from EU countries dominated inward FDI. Outward FDI mostly poured into the countries of Central, Eastern and South-eastern Europe.

 

Ideally situated to serve Europe’s west and east, north and south, Slovenia does not only have excellent communication and transport infrastructure, high-quality services and the functioning public administration and the financial system, but has people with long business and personal links in the Western Balkans. It is the right place to forge partnerships for conquests of emerging markets and developing markets with rising internal demand. Goods are moved quickly and reliable, clearance procedures are efficient and once goods enter Slovenia via road, rail, air or see, they are at the doorstep of the EU market with 500 million consumers and many more in Europe’s east and southeast. 

 

FDI of Slovenia abroad

Outward FDI stock as of end-2011 EUR 6 billion

 

Source: Bank of Slovenia, 2012

According to the “Doing Business 2012”, 30 economies improved the most in the ease of doing business after implementing regulatory reforms in 2010/11 and Slovenia is among them. Its overall 37th place (out of 183 economies) makes it a business-friendly country particularly in terms of trading across borders. Add language skills, knowledge of culture and personal connections, and business partners from Slovenia become a key to doing business across the region.