Machinery & Equipment industry is one of the key sectors of the Slovak economy. It is characterized not only by a strong historical tradition but also by a direct connection to the dominant automotive industry.Due to its cross-sectoral nature, this industry presents a great potential for the future diversification of the Slovak economy towards other high-tech sectors (e.g., defence, aviation, space industries).Favourable conditions for research and development in Slovakia motivate not only foreign companies to set up technology centres (such as Schaeffler, Muehlbauer or Vaillant) but also led to the establishment of domestic engineering companies with unique solutions and technologies.An example is the Slovak company Spinea, which has developed a unique high-precision reducer to eliminate the operational failures of industrial robots.SARIO constantly monitors the development in selected industries and prepares overviews in English.Machinery Equipment Industry in SlovakiaEnglish (01/2024)
