Location Bratislava Slovak Agency for Investment and Trade Development (SARIO) organized a business trip to Spain to present Slovakia as an investment destination. The chain of investment seminars "Business friendly Slovakia" continued in Catalonian Barcelona, the 2nd largest city in Spain, and in Madrid, the capital of Spain. Both seminars were initiated by the Spanish-Slovak Chamber of Commerce and prepared in cooperation with the Spanish Institute for Foreign Trade (ICEX), the Embassy of the Slovak Republic in Madrid, the Chambers of Commerce of Barcelona and Madrid, PromoMadrid and Madrid Business Confederation. SARIO presented Slovakia within the project Business Friendly Slovakia, e.g. the advantages of the Slovak business environment, new plans to eliminate administrative burdens, investment opportunities in Slovakia, its labor-market potential as well as the current changes in labor legislation and constantly evolving infrastructure. Robert Simoncic, SARIO CEO and Marcela Torokova, Head of Business Development of SARIO explained the benefits of Slovak investment environment. The success story of Spanish investor in Slovakia, company Fundería Condals, was presented by Josef M. Noguera, General Subdirector and David Burgés, Sales Manager. “The Slovak productivity is outstanding. We started the production in Prešov in January 2012, and by now after 5 months we have already reached the plan for the whole year. We plan to expand in the Eastern Slovakia and strive to benefit from the strategic location with great access to markets of Ukraine and Russia”, Generla Subdirector of Fundería Condals Josef M. Noguera said. SARIO strives to become a modern investment and trade promotion agency, which will be seen by foreign investors and domestic partners as a vehicle for growth and innovation in the SR. SARIO wants to facilitate the development of Slovak economy by attracting new investment and trade promotion, which would result in new jobs and raising living standards in Slovakia.
