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Success stories

Since 2002, SARIO reported more than 690 successful projects that have led to creation of more than 151 000 jobs across Slovakia and investment of nearly 18 billion EUR.

Dominant position of automotive industry is reflected also in the highest share of successful SARIO projects in this industry. SARIO also significantly contributed to the arrival of the GIB EnergyX electric vehicle battery factory, whose production plant will be built in Šurany.

Morover, SARIO has provided a broad and intensive assistance not only to Volvo Cars (investment announced in 2022 in Valaliky, near Košice), but also to Jaguar Land Rover (location selection process in 2015 as well as the expansion of thier paint shop in 2024), PSA Peugeot Citroën (currently Stellantis – established in 2003), KIA (established in 2004) and Volkswagen (expansion projects in 2008 and 2020).

Apart of OEMs, SARIO has provided assistance also to large number of automotive suppliers, such as Mobis, Mubea, Xinquan, Faurecia, Brose or Honeywell (currently Garett Motion in Prešov).

As for the other economic sectors, the highest shares of reported successful projects of SARIO belong to electronics and electrical components industry (e.g. MinebeaMitsumi, BSH or Klauke) and machinery and mechanical equipment industry (e.g. Bosch, Embraco, Vaillant, Muehlbauer, Schindler, BDR Thermea or Winkelmann).

SARIO has assisted not only to investors in field of industrial production, but also to investors establishing or expanding Shared Service Centres (e.g. Amazon, Dell and AT&T) and IT centres (e.g. T-systems and IBM).

One of the main current trends, that is reflected also in the composition of the reported successful projects of SARIO, is the increasing share of investment projects with higher added value (such as R&D and technology centres or design centres). Examples of reported successful projects in SARIO from this field are: Muehlbauer, Visma, Yanfeng, Porsche Werkzeugbau or Schaeffler Kysuce.

For more information on reported successful investment projects of SARIO, please contact invest@sario.sk.