Slovenia Partner
Transcription
Slovenia Partner
Slovenia Your Business Partner 2003-2004 Ljubljana, 2003 SLOVENIA • Independent state since 1991 • Area: 20,256 km2 • Population: 1, 946,000 (2002; 83% ethnic Slovene) • Capital: Ljubljana (266,000 inhabitants) • Major towns: Maribor (111,000), Kranj (51,000), Celje (48,000), Koper (48,000), Novo Mesto (41,000) and Nova Gorica (36,000) The country is divided into 12 statistical regions. • GDP growth in 2002: 2.9% • Average rate of GDP growth 1995-2002: 4.0% • GDP per capita in purchasing power standards (PPS) in 2002: 17,700 euros 2001 2002 Annual industrial growth 2.9% 2.4% Unemployment rate by ILO definition 6.4% 6.4% Average rate of inflation 8.4% 7.5% 2 General Information • Local time: Central European Time (CET) • International dialling code for Slovenia: +386 • International calls from Slovenia: "00" prefix — followed by the country code • International symbols for Slovenia: SI, SVN and SLO • National web domain: .si • Access: No visa requirements for citizens of EU-25 member states, the USA, Canada, Australia etc. • Useful Information Regarding Costs (in euro, as of June 2003): - Motorway tolls for passenger vehicles: 4.6 cents per kilometre - Domestic postal rate for a standard letter: 16 cents - Average cost of a minute-long phone call within Slovenia: 2.6 cents - Average cost of 20 hours of on-line Internet access using dial-up connection: higher tariff: 30 euros; lower tariff (7 p.m. to 7 a.m. as well as Sundays and Bank Holidays): 23 euros - Cost of broadband Internet access (permanent online connection): approx. 40 euros per month • National Holidays January 1 & 2, February 8, Easter Sunday & Easter Monday, April 27, May 1 & 2, June 25, August 15, October 31, November 1, December 25, December 26 • Opening Hours - Banks: generally, Monday to Friday from 8 a.m. to 5 p.m. (some banks also open Saturday mornings) - Local government and public sector institutions — office hours: Monday, Wednesday, Friday, from 8 a.m. to 3 p.m. (Wednesdays until 5 p.m.) - Post offices: generally, Monday to Friday from 7 a.m. to 7 p.m., Saturdays from 8 a.m. to 12 midday - Department stores: generally, Monday to Saturday from 8 a.m. to 8 p.m. • Currency Slovenian tolar (SIT), convertible since 1995 Currency exchange rate (Bank of Slovenia mid-rate, as of 1st October 2003): - 1 Euro = 235.23 Slovenian tolars - 1 US dollar = 201.28 Slovenian tolars CONTENTS Contents 1. SLOVENIAN BUSINESS ENVIRONMENT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4 2. INTERNATIONAL ECONOMIC RELATIONS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .6 FOREIGN DIRECT INVESTMENT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8 3. SLOVENIA'S ECONOMY UNDER THE MICROSCOPE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .10 Metal Processing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .11 Chemicals, Pharmaceuticals and Rubber . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .12 Electronics and Electrical Appliances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .13 Agri-food . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .14 Wood Processing and Furniture . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .15 Textiles, Clothing and Leather Processing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .16 Construction and Building Materials . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .17 Retail and Wholesale Trade . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .18 Financial Services, Banking and Insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .19 Transport and Communications . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .20 4. TOURISM . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .21 5. EDUCATION, RESEARCH AND DEVELOPMENT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .22 USEFUL CONTACTS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .23 SLOVENIAN BUSINESS ENVIRONMENT As of 1st May 2004 Slovenia is a fully-fledged member of the EU, enjoying every advantage of the internal market. Slovenia offers: • Direct relations and close associations with the markets of Southeastern Europe • Stable economic growth • Good infrastructure as well as a vital and robust commercial environment • A business mentality and work ethic akin to Western European countries • A highly qualified and motivated labour force with an excellent knowledge of foreign languages • The Adriatic port of Koper — entrepot on the shortest and most expedient route from the Far East to the landlocked nations of Central Europe • A whole lot more… 4 1. SLOVENIAN BUSINESS ENVIRONMENT S lovenia has a great many appealing characteristics, and offers a wide variety of opportunities, for which reason an ever-growing number of foreign partners are doing business with Slovenian enterprises. Located in the very heart of the continent and representing a strong bond linking east and west, the country enjoys an extremely favourable geostrategic position, in addition to which it has benefited from many years of experience in the markets of former Yugoslavia and beyond. Over recent years, Slovenia has profited from steady and sustained economic development, and Percentage growth in GDP - Comparison of some EU-25 member states 2001-2003 Slovenia EU-15 average Portugal Spain Czech Republic Hungary Source: Eurostat, 2003 * estimate 2001 2002 2003* 2.9 1.6 1.6 2.7 3.1 3.8 2.9 1.0 0.4 2.0 2.0 3.3 3.4 1.2 0.5 2.0 2.8 3.7 between 1995 and 2002 actual growth in GDP stood at an average of 4% per annum. Said growth is mostly stimulated by foreign demand, but at the same time its stability is also due to the existing economic structure. Although almost 60% of Slovenia’s GDP was generated by the service sectors in 2002, manufacturing — which has a long tradition in Slovenia — is still of major importance. GDP Per Capita in Purchasing Power Standards (PPS) - Comparison of some EU-25 member states in 2001 and 2002 2001 (in euro) % of EU-15 average 2002 (in euro) % of EU-15 average Slovenia 16,210 70 17,700 74 EU-15 average 23,210 100 23,920 100 Portugal 17,110 74 16,500 69 Spain 19,320 83 20,100 84 Czech Republic 13,810 59 14,350 60 Hungary 12,250 53 13,630 57 Poland 9,410 40 9,330 39 Source: Eurostat, 2003 * estimate SLOVENIAN BUSINESS ENVIRONMENT Structure of GDP in 2002 — Main Sectors Structure of GDP in 2002 — By Activity* Source: Statistical Office of the Republic of Slovenia, 2003 Source: Statistical Office of the Republic of Slovenia, 2003 * Structure of value added by SCA activities CCI Slovenia & TIPO www.sloveniapartner.com Institute of Macroeconomic Analysis and Development www.gov.si/zmar/imad.html Statistical Office www.stat.si 5 The efficiency of Slovenia’s economy, as well as the high quality of life enjoyed by its citizens, is perhaps best validated by the constant growth in per-capita GDP. By achieving 74% of the EU average GDP per capita in 2002, Slovenia has caught up with some EU member states, in addition to which it has substantially surpassed the levels attained by other countries in transition. And the trend continues… One of the many competitive advantages is the 25% rate of corporation tax, and considering the possibilities for various tax reliefs, the effective tax rate is in actual fact considerably lower than this. Value added tax (DDV) is levied at the general rate of 20% and a reduced rate of 8.5%. The government stimulates growth through promoting investment. Incentives are also available for environment-friendly projects, for entrepreneurial activities, as well as the employment of those who have difficulties in finding a job. According to the findings of a number of European research institutes, Slovenia enjoys a reputation as the most commercially competitive of all the transitional economies of Central and Eastern Europe. Euromoney data from September 2003 positioned Slovenia 28th among 185 states worldwide, evaluated as regards their country risk. According to a 2003 report on the global competitive position of countries, elaborated by the Lausanne-based IMD Institute, Slovenia improved its year-on aggregate competitive position index by 34%. One of the factors supporting such growth is mastery and full implementation of the TQM system by this nation’s most competitive enterprises. INTERNATIONAL ECONOMIC RELATIONS Structure of Slovenia's International Trade (excluding service sectors) in 2002 Exports (million euro) % Imports (million euro) % TOTAL 10,962 100.0 11,571 100.0 EU-15 6,509 59.4 7,869 68.0 Germany 2,714 24.8 2,216 19.2 Italy 1,323 12.1 2,069 17.9 955 8.7 419 3.6 Croatia Austria 774 7.1 956 8.3 France 734 6.7 1,189 10.3 Bosnia & Herzegovina 492 4.5 69 0.6 Serbia & Montenegro 347 3.2 61 0.5 Russia 320 2.9 264 2.3 Poland 305 2.8 168 1.4 USA 297 2.7 333 2.9 UK 268 2.4 278 2.4 Czech Republic 201 1.8 288 2.5 Source: Statistical Office of the Republic of Slovenia, 2003 6 2. INTERNATIONAL ECONOMIC RELATIONS O ne of Slovenia’s strategic objectives over the Trading partners within EU-15 markets purchase last two decades has been to become a fully- very nearly two-thirds of Slovenia’s exports; like- fledged member of the European Union. As wise is the case with this nation’s imports, with 1st of entirety. May 2004 this goal is achieved in its over two-thirds emanating from the Union. And when considering the enlarged Union — EU-25 — existing trade substantially exceeds two thirds of In 2002, exports of goods and services totalled total. 13.5 billion euros, and imports amounted to 13.2 billion euros. Such exports already account for The country’s main trading partner remains almost 60% of GDP, by way of which Slovenia has Germany; its market absorbs almost a quarter of earned a reputation as a state with an open, com- all Slovenian exports and accounts for a fifth of petitive economy. total imports. As an export-oriented country, increasing its In 2002, Slovenia’s current account recorded a international trade — both in terms of quantity surplus of 392.5 million euros. This is the result of and value — year by year, Slovenia’s exports in an increase in the trade surplus with the countries 2002 were up by over 6% in real terms, while of former Yugoslavia, as well as a lower deficit imports were almost 5% higher. Furthermore, with EU-15 member states. these favourable growth rates continue to persist. INTERNATIONAL ECONOMIC RELATIONS Main Product Groups Exported in 2002 Product Group Main Product Groups Imported in 2002 Export Value (in million euro) % of total Motor cars 905.4 8.3 Pharmaceuticals 591.9 Chairs and seats Steel and steel products* Import Value (in million euro) % of total Steel and steel products* 558.0 4.8 5.4 Petroleum oils 540.3 4.7 500.6 4.6 Motor cars 518.1 4.5 320.9 2.9 Motor vehicle parts and accessories 440.8 3.8 Motor vehicle parts and accessories 268.3 2.4 Pharmaceuticals 236.6 2.0 Other furniture and accessories 241.9 2.2 191.4 1.7 Refrigerators and freezers 219.6 2.0 Automatic data processing machines Electric water heaters 207.6 1.9 Spark-ignition internal combustion engines 168.8 1.5 New pneumatic tyres 207.3 1.9 Petroleum gases 154.4 1.3 Paper and cardboard 177.0 1.6 Freight vehicles 153.5 1.3 Unwrought aluminium 135.4 1.2 *CN Code No. 2 (72 and partly 73) Source: Chamber of Commerce and Industry of Slovenia — Economic Outlook and Policy Services, based on Statistical Office of the Republic of Slovenia data, 2003 Product Group * CN Code No. 2 (72 and partly 73) Source: Chamber of Commerce and Industry of Slovenia — Economic Outlook and Policy Services, based on Statistical Office of the Republic of Slovenia data, 2003 Public Relations and Media Office www.gov.si/uvi/eng 7 Legislation Pertinent to Companies Engaged in Foreign Trade in Slovenia • Foreign Trade Act (Official Gazette of RS, No. 13,66/93, 7/94, 58/95 - only Articles No. 1, 6, 8-11, 16/1-5, 16.a, 17/1,3, 18-20, 25, 31, 32, 42-45 are still in force, as well as pertaining secondary legislation issued on the basis of same). • Customs Act (Official Gazette of RS, No. 1,28/95, 32,40/99, 59/02) • Customs Tariffs Act (Official Gazette of RS, No. 66/00) • Economic Zones Act (Official Gazette of RS, No. 45/98, 97/01) • Act on Import Levies (Official Gazette of RS, No. 29/93) • Act on Value-added Tax (Official Gazette of RS, No. 89/98, 30/01, 67/02) • Excise Duties Act (Official Gazette of RS, No. 84/98, 57/99, 33,99/01) • Foreign Exchange Act (Official Gazette of RS, No. 23/99, 76/03) • Act on the Employment and Work of Aliens (Official Gazette of RS, No. 66/00) For further information see the publication entitled ABC of International Business Operations in Slovenia (Chamber of Commerce and Industry of Slovenia; order information: [email protected]). INTERNATIONAL ECONOMIC RELATIONS Main Investing Countries - FDI stock by investment origin as of year-end 2002: over 3.8 billion euro Austria 32% Switzerland 11% Germany 11% France 10% Italy 7% Belgium 5% Netherlands 4% Czech Republic 3% Ireland 3% Luxembourg 3% Other 11% Source: Bank of Slovenia, 2003 8 Foreign Direct Investment Inward and Outward Foreign Direct Investment 2000-2002 (in millions of euro) 2000 2001 2002 3,110 3,020 3,854 149 562 1,950 Total (as of 31st Dec.) 825 1,139 1,417 Annual outflow -72 -161 -99 Inward FDI F oreign investors choose to put their money into Slovenia for a great variety of reasons. The most important are high business ethics and commitment to quality work, good ties with markets in Western and Southeastern Europe, a favourable geographic position and first-rate infrastructure; and, last but not least, quality of life. Legislation in line with EU standards, deregulation as regards the establishment of enterprises, low taxes, the unrestricted transfer of profit and capital repatriation, the Government’s pro-investment stance etc., have all contributed to the creation of a most favourable investment climate. It is therefore hardly surprising that there are ever-increasing numbers of foreign entrepreneurs who are eager to invest in Slovenia or expand their operations here. Inward foreign direct investment (FDI) rose constantly during the last decade. In 2002 Slovenia reported a record FDI inflow of almost 2 billion euro, a great deal of which was accounted for by the takeover of Lek, a blue-chip pharmaceuticals enterprise, as well as a reduction in the state’s Total (as of 31st Dec.) Annual inflow Outward FDI Source: Bank of Slovenia, 2003 interest in Nova Ljubljanska Banka, the country’s largest bank. In addition to this, there is also a government programme designed to promote and facilitate FDI, and thus a further increase in investments is anticipated following EU accession in May 2004. The total value of company stock in foreign ownership has increased from the equivalent of 9.4% of GDP at the end of 1995 to 21% of GDP at the end of 2002. Companies in foreign ownership tend to be highly profitable, and exhibit aboveaverage business indicators. INTERNATIONAL ECONOMIC RELATIONS Main Sectors - FDI stock by sector distribution as of year-end 2002: over 3.8 billion euro Source: Bank of Slovenia, 2003 TIPO — Slovenian Trade and Investment Promotion Agency www.investslovenia.org 9 According to the 2000 data supplied by the Institute of Macroeconomic Analysis and Development, 4.3% of all companies in Slovenia were in foreign ownership. These enterprises hold 13% of all assets, employ 10% of the working population, generate 20% of aggregate operating profit and account for 29.7% of Slovenia’s exports. involvement of Slovenian enterprises in ventures abroad is for the most part related to business activities in the countries of former Yugoslavia as well as other states in transition. Outward foreign investment is also important to the nation’s economy. The gradual increase in the Largest Foreign Investors in Slovenia's Manufacturing Sectors Company Website Products Danfoss Compressors www.danfoss-cmpr.si Compressors Henkel Slovenija www.henkel.si Cosmetics and toiletries Iskratel www. iskratel.si Telecommunications Julon www.aquafil.com/html/ aziende/jubcf/az_jubcf.html Synthetic fibres and polymers Lek www.lek.si Pharmaceuticals Papirnica Vevèe www.brigl-bergmeister.com/ brigl_index_e.html Paper and paperboard Pivovarna Union www.randburg.com/ si/unionbr.html Beer Revoz www.renault.si Motor vehicles Sava Tires www.sava-tires.som Rubber tyres Tobaèna Ljubljana www.tobacna.si Tobacco products Vipap www.vipap.si Pulp and paper Source: TIPO — Slovenian Trade and Investment Promotion Agency, 2003 Investor Danfoss, Denmark Henkel, Germany Siemens, Germany Gruppo Bonazzi, Italy Novartis, Switzerland Birgl & Bergmeister, Austria Interbrew, Belgium Renault, France Goodyear, USA Imperial Tobacco, UK Èeskoslovenska Obhodni Banka, Czech Republic SLOVENIA'S ECONOMY UNDER THE MICROSCOPE I ndustry enjoys several centuries of tradition in Labour Force as per Activity Slovenia, and the decades prior to indepen- - As of 31st December 2002 dence were marked by rapid industrial development. The metal and timber processing sectors became particularly strong, as did the paper, textiles and footwear industries. Independence, and with that the loss of the Yugoslav markets, precipitated a change in the economy. The early 1990s witnessed growth in less labour intensive Source: Statistical Office of the Republic of Slovenia, 2003 branches of the manufacturing sector, while the need for manual labour was being superseded by a demand for technology and know-how. This change has given way to a rise in fortunes of new branches of the economy, including electronics, chemicals and pharmaceuticals, as well as information-based technologies. These sectors, together with vehicle component manufacture and assembly, are gradually taking the leading role both in industrial output and exports. 10 3. SLOVENIA'S ECONOMY UNDER THE MICROSCOPE Processing industries represent over one-quarter The revival in industrial production over recent of GDP, account for 80% of all exports, and years has precipitated growth in the economy as employ about one-third of the active labour force. a whole. The high degree of adaptability of The various manufacturing and processing indus- Slovenia’s economy is largely influenced by its tries were responsible for very nearly one-third of structure. Almost 90% of all enterprises are small total value added in GDP in 2002; the service sec- and dynamic, and their relative importance tors contributed 60%, while construction increases year by year. accounted for 6%, and agriculture a mere 3% of total. Structure of Corporate Sector in 2002 Size of enterprise No. of enterprises % structure Total No. employed % structure Turnover (million euro) % structure Large 821 2.1 237,657 50.6 26,801 58.8 Medium 975 2.6 83,432 17.8 7,348 16.1 Small 36,225 95.3 148,077 31.6 11,427 25.1 Total 38,051 100.0 469,166 100.0 45,575 100.0 Source: Agency for Payments, 2003; Chamber of Commerce and Industry of Slovenia, 2003 SLOVENIA'S ECONOMY UNDER THE MICROSCOPE Facts and figures in 2002: Percentage Breakdown of Total Revenue • Revenue (in euro): 3.98 billion • Share of total industrial revenue: 22.4% • Share of GDP: 6.5% • Number of employees: 46,536 • Share of total employment in industry: 21.4% • Exports (in euro): 2.47 billion • Share of total industrial exports: 25.7% • Main export markets: Germany, Austria, Italy, France as per Sub-sector Source: Chamber of Commerce and Industry of Slovenia, 2003 Key products: • Vehicles • Metal fittings and components • Cast and fabricated metal elements • Water turbines and pumps • Various metal products Source: Chamber of Commerce and Industry of Slovenia — Metal Processing Association, 2003 Further information: Chamber of Commerce and Industry of Slovenia — Metal Processing Association Dimièeva Ulica 13, SI-1504 Ljubljana, Slovenia Tel.: + 386 1 589 83 09 Fax: + 386 1 589 82 00 www.gzs.si/eng www.sloveniapartner.com Metal Processing S lovenia’s metal processing industry can be subdivided into three main fields of activities: metalworking, machine building and vehicle component manufacture and assembly. Despite the recession in its most important foreign markets, the majority of the 1,720 companies engaged in this sector have been successful over recent years. The increase in sales and exports was felt most keenly in manufactured metal products, with companies such as Trimo Trebnje (www.trimo.si) and Kovinoplastika Lož keeping right up to date with the rapid pace of change on foreign markets. These enterprises have been successful in placing themselves on the markets of Western Europe as well as those of Southeastern Europe. In 2002 exports exceeded 60% of total production. The aforementioned markets should also facilitate the continuous growth of companies in this sector as they become increasingly involved in the renovation and development of infrastructure in Central and Southeastern Europe. Foreign and strategic investments, in conjunction with accumulated indigenous know-how, have acted as a positive pertinent factor influencing growth. The largest such foreign investment has been by the French carmaker Renault at its Revoz assembly plant in Novo Mesto; incidentally, this company is also Slovenia’s largest exporter. In addition to becoming a leading force in the Slovenian automotive components industry the Koperbased Cimos International is expanding rapidly and has achieved a record level of growth over recent years. Besides Revoz, the largest enterprises in complete or partial foreign ownership are TPV Johnson Controls (www.tpv.si), GKN Atras and Styria Vzmeti. Major Exporters in 2002 Company Website Key export products Revoz www.renault.si Cars Adria Mobil www.adria-mobil.si Caravans, motorhomes Cimos www.cimos.si Parts for automotive industry Unior Zreče www.unior.si Manual tools, forged components Kovinoplastika Lož www.kovinoplastika.si Metal fittings and component elements Source: CCI Slovenia — Metal Processing Association, 2003 11 SLOVENIA'S ECONOMY UNDER THE MICROSCOPE Facts and figures in 2002: Key products: • Revenue (in euro): 2.34 billion • Share of total industrial revenue: 16.4% • Share of GDP: 4.0% • Number of employees: 24,686 • Share of total employment in industry: 11.4% • Exports (in euro): 1.54 billion • Share of total industrial exports: 17.7% • Main export markets: Germany, Croatia, Russia, Poland, Italy, Austria, Bosnia & Herzegovina, the USA • Pharmaceuticals and active ingredients for manufacture of pharmaceuticals • Plastic products • Basic chemicals • Tyres and other rubber products • Coatings, paints and varnishes • Man-made fibres Source: Chamber of Commerce and Industry of Slovenia — Chemical Industries Association, 2003. Further information: Chamber of Commerce and Industry of Slovenia — Chemical Industries Association Dimièeva Ulica 13, SI-1504 Ljubljana, Slovenia Tel.: + 386 1 589 82 60 Fax: + 386 1 589 82 00 www.gzs.si/eng www.sloveniapartner.com 12 Chemicals, Pharmaceuticals and Rubber maceutical industries rank among the very best in Europe and indeed the world. T he results achieved by industries in this sector invariably reveal that they are amongst the most successful in the country. The operations of companies embraced by it are indeed diverse; almost two-thirds of the total revenue is generated from the production of chemicals and pertaining products, whilst the manufacture of rubber and plastic products contribute the remaining third. Other leading companies in this sector manufacture an array of paints, varnishes and other coatings, and a number have already found niches in the world automotive industry. Here mention should also be made of Helios (www.helios.si), Belinka (www.belinka.si), Color (www.color.si) and Jub (www.jub.si) — just four of the increasingly successful representatives of this particular segment of the Slovenian chemical industry. These firms have been working on expansion into new markets, as well as acquiring enterprises in the territories of Southeastern Europe. Judged by the scope of operations and commercial success, pharmaceuticals are certainly the jewel in the crown of this sector. Measured by some indices of capital return, Slovenia’s phar- With good networks of representative offices and subsidiaries abroad, Lek and Krka, the country’s largest pharmaceutical enterprises, are true trans-nationals and have placed themselves well on strategic markets. Lek, for example, has plants in four different locations in Slovenia, as well as in Poland and Romania. Krka, in addition to its large plant in Novo Mesto, also manufactures in Croatia, Poland and Russia. Both companies are apportioning massive funds into expansion and R&D; it is therefore not surprising that in this age of agglomeration and globalisation the multinational giants of this industry have become very interested in them. Indeed, in November 2002 Lek was acquired by Europe’s third largest conglomerate, Novartis, one of the world’s leading players in pharmaceuticals. Major Exporters in 2002 Company Website Key export products Krka www.krka.si Pharmaceuticals Lek www.lek.si Pharmaceuticals Sava Tires www.sava-tires.com Tyres Julon www.aquafil.com Polyamides Henkel Slovenija www.henkel.si Detergents and personal hygiene products Source: CCI Slovenia — Chemical Industries Association, 2003 SLOVENIA'S ECONOMY UNDER THE MICROSCOPE Facts and figures in 2002: Key products: • Revenue (in euro): 2.49 billion • Share of total industrial revenue: 17.4% • Share of GDP: 8% • Number of employees: 38,327 • Share of total employment in industry: 17.6% • Exports (in euro): 1.66 billion • Share of total industrial exports: 21.6% • Main export markets: Germany, Austria, Croatia, Italy, France, Russia • Domestic appliances • Electronic and electro-mechanical components • Electric motors • Telecommunications equipment • Electricity meters and measuring equipment • Electrical components for the automotive industry • Power tools • Safety equipment and switches • Batteries Sources: Statistical Office of the Republic of Slovenia, 2003; Agency for Public Evidence, 2003; Chamber of Commerce and Industry of Slovenia — Economic Outlook and Policy Services, 2002-2003 Further information: Chamber of Commerce and Industry of Slovenia — Electrical and Electronic Engineering Association Dimièeva Ulica 13, SI-1504 Ljubljana, Slovenia Tel.: + 386 1 589 83 02 Fax: + 386 1 589 82 00 www.gzs.si/eng www.sloveniapartner.com Electronics and Electrical Appliances S lovenia’s electronics and electrical appliance industry has a several decade-long tradition and is thus well established in European markets. Significant growth in exports has been achieved through increased sales on markets in Eastern Europe and the Middle East. In addition to revenue growth, linkages with foreign partners and investors have also strengthened, further to which there has been a perceptible trend towards internationalisation since 2000. This is manifested in an increase in international investments, as well as a growing number of mergers and takeovers. In addition to foreign investments and partnerships, other links — particularly as regards technology and supply chains — have also been on the increase. systems), Iskraemeco (electricity meters), Rotomatika (www.rotomatika.si) (special electrical motors and components) as well as a number of other companies, are marketed under their own trademarks all over the world. Some enterprises, such as Kolektor (www.kolektor.si) (commutators) belong to the very highest class of manufacturers as regards quality and price. Some of the largest companies in this sector — for example Danfoss Compressors, ETA Cerkno (www.eta-cerkno.si) as well as Danfoss Trata (www.danfoss-trata.si) are in foreign ownership. These firms are major exporters of air-conditioning, refrigeration and heating equipment, and represent a potential force for growth in the future. Gorenje, www.gorenjegroup.com Domestic appliances Gospodinjski Aparati Products manufactured by Gorenje (household appliances), Iskratel (telecommunications equipment and Major Exporters in 2002 Company Website Iskratel www.iskratel.si Key export products Telecommunication equipment Danfoss Compressors www.danfoss-cmpr.si Compressors for refrigeration equipment Iskra Avtoelektrika www.iskra-ae.com Automotive devices Iskraemeco www.iskraemeco.si Equipment and systems for energy measurement and management segmentation Source: CCI Slovenia — Electrical and Electronic Engineering Association, 2003 13 SLOVENIA'S ECONOMY UNDER THE MICROSCOPE Facts and figures in 2002: Key products: • Revenue (in euro): 2.362 billion • Share of total industrial revenue: 15.1% • Share of GDP: 3% • Number of employees: 28,193 • Share of total employment in industry: 12.5% • Exports (in euro): 514.6 million • Share of total industrial exports: 6.2% • Main export markets: Southeastern Europe, Germany, Italy, Russia, the USA • Processed meats • Mineral water, alcoholic and soft beverages • Milk and dairy products • Pasta and farinaceous products • Sugar and confectionery Sources: Statistical Office of the Republic of Slovenia, 2003; Chamber of Commerce and Industry of Slovenia, 2003 Further information: Chamber of Commerce and Industry of Slovenia — Food Industries Association Dimièeva Ulica 9, SI-1504 Ljubljana, Slovenia Tel.: + 386 1 589 82 94 Fax: + 386 1 589 82 00 www.gzs.si/eng www.sloveniapartner.com 14 Agri-food T he food-processing industry is a major importer of raw materials; its development, however, largely depends on the successful recognition and exploitation of new export markets. The quality of the actual products, as well as the processes used within the industry, are vindicated through the ever-increasing number of enterprises attaining HACCP standards, further to which, the majority of Slovenia’s food-processing companies already have HACCP certification. Flagship brands encompass such items as prosciutto ham from the Karst region, numerous fine wines from several regions, natural fruit juices, teas and mineral waters, as well as a diverse array of dairy products. The zdrava hrana (“healthy food”) trademark is becoming increasingly popular in Slovenia, and is raising consumer awareness as to the merits of a healthy diet. A glance at the supermarket shelves reveals which companies have acquired a pre-eminent reputation in Slovenia. Firms such as Fructal (non-alcoholic beverages), Radenska (www.radenska.si) (mineral water and soft beverages), Kolinska (www.kolinska.si) (processed foods and confectionery), MIP Nova Gorica (www.mip.si) (cured meats and sausages), Droga Portorož (condiments, teas, coffee and pickles) are already well known and appreciated in markets abroad. Major Exporters in 2002 Company Website Key export products Fructal www.fructal.si Non-alcoholic beverages Pivovarna Laško www.pivo-lasko.si Beer, non-alcoholic beverages Pivovarna Union www.pivo-union.si Beer, non-alcoholic beverages Ljubljanske Mlekarne www.lj-mlek.si Dairy products Droga Condiments, teas, coffee and pickles www.droga.si Source: CCI Slovenia — Food Industries Association, 2003 SLOVENIA'S ECONOMY UNDER THE MICROSCOPE Facts and figures in 2002: Key products: • Revenue (in euro): 1.083 billion • Share of total industrial revenue: 6.4% • Share of GDP: 4% • Number of employees: 21,751 • Share of total employment in industry: 10.0% • Exports (in euro): 606.65 million (direct export) • Main export markets: Germany, Italy, Croatia, Austria, the USA, Slovakia, United Kingdom, France, Belgium, Bosnia & Herzegovina • Furniture • Joinery and carpentry products • Sawn timber • Veneer and boards Sources: Statistical Office of the Republic of Slovenia, 2003; Chamber of Commerce and Industry of Slovenia, 2003 Further information: Chamber of Commerce and Industry of Slovenia — Wood Processing Association Dimièeva Ulica 13, SI-1504 Ljubljana, Slovenia Tel.: + 386 1 589 82 84 Fax: + 386 1 589 82 00 www.gzs.si/eng www.sloveniapartner.com Wood Processing and Furniture T imber processing and furniture production enjoy a long tradition in Slovenia and rank high among the export-oriented branches. The beginnings of the industry, and with that the manufacture of a vast array of products from the reserves with which this country is so well endowed, date back to the 19th century. However, it was only after WWII that the seeds of the modern industry were sown. This sector can be described as encompassing the production of sawn timber, veneer and boards, wood impregnation, as well as the manufacture of furniture, joinery, packaging, building materials and accessories. This industry is — regarding its extent, as well as the number of employees and the gross value added — twice as important in Slovenia as the EU average for this particular branch of the economy. Slovenia is ranked third in Europe as regards its timber reserves, which provide a sufficient and sustainable raw material supply. It is this renewable natural resource which forms a solid basis for the sector’s future. In addition to the exploitation of large potential markets in the region — many of which are now once again opening up in the countries of Southeastern Europe — there is a great deal of potential to additionally develop this sector. A major key to this shall be the further advancement of high-quality furniture production. The furniture industry is doing particularly well at present; exports were up by 13.3% in 2002 and are now placed amongst the nation’s most important. Major Exporters in 2002 Company Website Key export products LIP Bled www.lip-bled.si Furniture Javor www.javor.si Plywood, shuttering panels, veneer and furniture Merkscha Veneers Elan www.elan.si Skiis and snowboards Gorenje Notranja Oprema www.gorenje-no.si Furniture Source: CCI Slovenia — Wood Processing Association, 2003 15 SLOVENIA'S ECONOMY UNDER THE MICROSCOPE Facts and figures in 2002: Key products: • Revenue (in euro): 1.46 billion • Share of total industrial revenue: 9.8% • Share of GDP: 3.8% • Number of employees: 32,550 • Share of total employment in industry: 15% • Exports (in euro): 893 million • Share of total industrial exports: 11.1% • Main export markets: 67% of exports are to EU member states (three-quarters of this is to Germany and Italy) • Clothing • Cotton, woollen and synthetic fabrics and yarns • Footwear • Leather and leather accessories Sources: Statistical Office of the Republic of Slovenia, 2003; Chamber of Commerce and Industry of Slovenia —Economic Outlook and Policy Services, 2003 Further information: Chamber of Commerce and Industry of Slovenia — Textiles, Clothing and Leather Processing Association Dimièeva Ulica 13, SI-1504 Ljubljana, Slovenia Tel.: + 386 1 589 82 87 Fax: + 386 1 589 82 00 www.gzs.si/eng www.sloveniapartner.com 16 Textiles, Clothing and Leather Processing O f long-standing importance, Slovenia’s textiles, clothing and leather processing industries are facing the need for rapid technological development and the necessity to follow worldwide fashion trends very closely. Most of the basic raw materials are imported, whereas only 55% of the products of these industries are exported; however, some companies sell in excess of 90% of their production abroad. Today the fashion goods of Slovenian manufacturers are to be found the world over, under their own trademarks (such as the fashion collections of Mura, together with the trekking and mounMajor Exporters in 2002 Company Website Key export products Prevent www.prevent.si Car seat covers, protective gloves, clothing Mura www.mura.si Fashions and ready-made clothing Aquasava www.gruppobonazzi.com Dyed textiles Boxmark Leather www.boxmark.com Leather upholstery for the automotive industry IUV Vrhnika Leather and leather goods www.iuv.si Source: CCI Slovenia — Textiles, Clothing and Leather Processing Association, 2003 taineering footwear of Planika (www.planika.si) and Alpina (www.alpina.si), which is one of the world’s leading manufacturers of cross-country ski footwear, as well as under some other internationally renowned brands (such as Samsonite and Hugo Boss). SLOVENIA'S ECONOMY UNDER THE MICROSCOPE Facts and figures in 2002 - Construction (figures for building materials in parenthesis): • Revenue (in euro): 2.85 billion (321 million) • Share of total industrial revenue: 16% (1.8%) • Share of GDP: 5.8% (0.6%) • Number of employees: 35,241 (4,160) • Share of total employment in industry: 14.8% (1.8%) • Exports (in euro): 96.3 million (47 million) • Export markets: Russia, Germany, Croatia, Italy, Hungary Source: Chamber of Commerce and Industry of Slovenia, 2003 Key products: • Civil engineering and construction projects • Concrete elements • Bricks, roofing tiles • Cement, cement products, lime and mortar • Stone products Further information: Chamber of Commerce and Industry of Slovenia — Construction and Building Materials Association Dimièeva Ulica 13, SI-1504 Ljubljana, Slovenia Tel.: + 386 1 589 82 42 Fax: + 386 1 589 82 00 www.gzs.si/eng www.sloveniapartner.com Construction and Building Materials T here are currently 2,984 enterprises operating in the field of construction, and 162 firms engaged in the production of building materials in Slovenia. The largest of these, all of which are engaged in civil engineering and construction, are SCT, Primorje, Gradis (www.gradis-gpl.si), GPG (www.gpg.si) and Vegrad (www.vegrad.si); together they generate some 20% of total revenue for a sector facing a number of re-structuring projects and mergers. Overall value added is expected to increase by 3.5% in 2004. This forecast is based on increased demand for housing, together with a greater involvement of Slovenian civil engineering enterprises in projects abroad. Outside of Slovenia, the majority of civil engineering projects executed by Slovenian companies have been carried out in Germany and Russia, as well as — particularly of late — the countries of Southeastern Europe where the main investment flow is now going into infrastructure projects (Croatia, Bosnia & Herzegovina, Serbia & Montenegro). Major Exporters in 2002 Company Website Key export products Energoplan www.energoplan.si Building construction SCT www.sct.si Civil engineering and construction Salonit www.salonit.si Cement and cement products Primorje www.primorje.si Civil engineering and construction NRG www.preventgradnje.si Civil engineering and construction Source: CCI Slovenia — Metal Processing Association, 2003 17 SLOVENIA'S ECONOMY UNDER THE MICROSCOPE Facts and figures in 2002: • Revenue (in euro): 16.2 billion • Share of total revenue (all sectors): 33.0% • Share of GDP: 11.7% (2001) • Number of employees: 99,923 • Share of total employment (all sectors): 12.9% Sources: Statistical Office of the Republic of Slovenia, 2003; Chamber of Commerce and Industry of Slovenia, 2003, AJPES 2002 Further information: Chamber of Commerce and Industry of Slovenia — Trade Association Dimièeva Ulica 13, SI-1504 Ljubljana, Slovenia Tel.: + 386 1 589 82 12 Fax: + 386 1 589 82 00 www.gzs.si/eng www.sloveniapartner.com 18 Retail and Wholesale Trade and oil derivatives has also gained a presence in these markets. S lovenian legislation governing trade is harmonised with EU legislation. Free trade, with minimal state control — intended solely for the purpose of ensuring order, fair practice and unhindered operations — has become the norm. The number of legal entities (enterprises) registered for undertaking trade operations has risen from 543 in 1989 to almost 27,000 in 2003. These companies employ almost 100,000 people; Mercator, Slovenia’s largest retailer, being the largest single employer. Mercator holds very nearly a 40% market share of the entire trade sector. Other important operators are Spar, Vele, Engrotuš (www.engrotus.si) and Era (www.era-trade.com) (primarily foodstuffs), together with Merkur, Bauhaus (www.bauhaus.si), Baumax (www.baumax.si) and Obi (household goods and DIY). From a position of achieving intensive growth on the domestic market, Mercator and Era have moved into foreign markets in Southeastern Europe (and Merkur shares similar expansion plans). They are now engaged in major expansion projects in Croatia, Bosnia & Herzegovina, Serbia & Montenegro and Macedonia. Petrol, the country’s principal strategic supplier and trader of fuel The engagement of foreign enterprises on Slovenia’s domestic market has also been encouraged, a move which has not only created a normal trade structure and the free flow of goods, but has strengthened the competitiveness of Slovenian companies both at home and abroad. Competition in this sector is today very fierce indeed, forcing merchants to reduce margins and search for ever new sales techniques. In addition to a number of new large shopping centres built on the outskirts of Slovenia’s towns and cities, the nation’s capital, Ljubljana, also boasts the massive and rapidly developing BTC centre. This complex, the largest in Central Europe, accommodates many large retailers, several large shopping malls, as well as a number of leisure and entertainment facilities. Major Retailers in 2002 Company Website Key products Petrol www.petrol.si Motor fuels Mercator www.mercator.si General foodstuffs and groceries Merkur www.merkur.si Household goods OMV-Istrabenz www.omvistrabenz.si Motor fuels Spar Slovenija www.spar.si General foodstuffs and groceries Source: CCI Slovenia— Trade Association, 2003 SLOVENIA'S ECONOMY UNDER THE MICROSCOPE Slovenia's Largest Insurance Companies Slovenia's Largest Banks - Market share as a percentage of total - Percentage share of total aggregate assets as of 30th June 2003 Source: Slovenian Insurance Association, 2003 Source: Bank of Slovenia, 2003 Bank of Slovenia www.bsi.si Ljubljana Stock Exchange www.ljse.si Slovenian Insurance Association www.zav-zdruzenje.si Financial Services, Banking and Insurance T here were twenty banks in Slovenia at the end of 2002, and together they had combined balance sheet assets amounting to 19.2 billion euros, the equivalent of 86% of GDP. These also include foreign banks, which either established operations in this country or took-over existing Slovenian banks. NLB — Nova Ljubljanska Banka (www.n-lb.si) — the country’s largest bank, is, for example, in partial foreign ownership. 2002 witnessed a trend in interest rate reduction, which thus made the average cost of borrowing Slovenian tolars 12.2% per annum. As of 1st July 2002, the banks have introduced a system of nominal interest rates, which has no in-built indexation mechanism based on calculations of consumer price indices by the state. Slovenia has also achieved success in the field of insurance. The total value of annual insurance premiums at the end of 2002 was in excess of 1,158 million euros, a figure equivalent to 5.1% of GDP. In the EU, the ten largest insurance companies hold in excess of three-quarters of the market share; in Slovenia three firms hold this amount. The insurance business employs slightly in excess of 5,000 people. Based on an estimation of the 60 most promising insurance markets in the world, Slovenia takes 7th place as regards the category of value of premium per capita. As of August 2003, 254 securities were listed on the Ljubljana Stock Exchange (www.ljse.si), and the total market capitalisation of the companies whose shares, bonds and investment funds were being traded on the exchange stood at 9.13 billion euros (equal to 20.5% of GDP). In 2002 foreign investors accounted for 19.7% of the turnover of shares on the Ljubljana Stock Exchange, while net inflow of all non-residents’ investments (including direct and portfolio investments in shares and bonds, but excluding primary issues) totalled 1.44 billion euros. 19 SLOVENIA'S ECONOMY UNDER THE MICROSCOPE Road Distances from Ljubljana to Cities within a Radius of 500 Kilometres City Trieste Zagreb Venice Vienna Munich Sarajevo Budapest Belgrade Milan Km 97 137 243 387 441 496 500 528 537 Source: Automobile Association of Slovenia, 2003 Further information: Chamber of Commerce and Industry of Slovenia — Transport and Communications Association Tel.: + 386 1 589 82 32, Fax: + 386 1 589 82 00 Association of Informatics and Telecommunications Tel.: + 386 1 589 84 74, Fax: + 386 1 589 82 00 Dimièeva Ulica 13, SI-1504 Ljubljana, Slovenia Percentage of Households with Access to the Internet in 2002 Slovenia 37.5 EU Average 40.0 Portugal 30.8 Spain 29.5 France 35.5 Greece Italy 9.2 35.4 Sources: Research on the Internet in Slovenia (RIS) 2003; Eurostat 2003 www.gzs.si/eng www.sloveniapartner.com 20 Transport and Communications S lovenia has a well-developed road system and over the next few years there will be over 500 kilometres of new motorways — on top of the existing 11,500 kilometres of highways. There is also a good rail network with in excess of 1,200 kilometres of lines as well as pertaining infrastructure and rolling stock — all of which have been the subject of major investment over recent years. Essential to any economy, the free flow of goods is yet another significant benefit facilitated by Slovenia’s first class communications infrastructure. Arguably pre-eminent amongst this network is the Port of Koper (www.luka-kp.si ). Serving a Central European hinterland, this northern Mediterranean port is becoming of increasing importance; something that is certainly acknowledged by a great many Austrian, Hungarian, German, Czech and Slovak companies which use it as their primary maritime access point in international operations. A modern cargo terminal and ample warehouse capacities, its geo-strategic position, as well as quality and reliability, are amongst Koper’s main attributes. This has given its operations additional value, for which reason the transhipment of goods has increased markedly, though even prior to this measure annual freight had almost surpassed the ten million tonnes threshold. Linked with the capital by motorway, Brnik, Slovenia’s main international airport lies 20 km north of Ljubljana. There are daily scheduled flights to most of major European cities by the national carrier Adria Airways (www.adria.si). Complementing Ljubljana-Brnik, there are also international airports at Maribor and Portorož, the latter being particularly important during the tourist season. In addition to its tangible transport and communications network, Slovenia’s information and telecommunications infrastructure is also developing rapidly. Broadband Internet access is becoming widely available, as of the beginning of 2003 there were in excess of 100,000 ISDN connections. The number of ADSL telecommunications interfaces surpassed 31,000 during the third quarter of 2003. There are also three mobile operators in Slovenia, and 1.7 million users, which is almost 90% of the total population; GSM coverage extends across 96% of national territory. TOURISM Country of Origin of Tourists in Slovenia in 2002 Facts and figures in 2002: - Percentage breakdown of total overnight stays • Total overnight stays (total No. of tourists x nights stayed): 7,321,061 • Year-on percentage increase in stays: + 9% • Stays by foreign guests (% of total): 55% • Foreign currency inflow from tourism: 985 million euros • Average number of employees engaged in tourism sector: 32,000 Source: Statistical Office of the Republic of Slovenia, 2003; Institute of Macroeconomic Analysis and Development, 2003 Source: Statistical Office of the Republic of Slovenia, 2003 Slovenian Tourist Board www.slovenia-tourism.si 4. TOURISM S lovenia stands at the juncture of three distinctly different European worlds — Mediterranean, Alpine and Pannonian — and it combines their diverse geographies and culture into an amalgam which surprises the majority of first-time visitors. Indeed, amazing contrasts can be experienced in the same day: snow-covered mountains and a coast caressed by the Mediterranean sun; enchanting caves and invigorating thermal springs; cavernous gorges carved by crystal-clear mountain streams and broad vistas of sweeping planes bisected by great rivers; deep mountain lakes and shallow seasonal lagoons that intermittently drain away into a mysterious karstic underworld; ancient villages and medieval towns; old castles and modern entertainment centers; arcane primeval forests and countless vineyards engendering innumerable premier quality wines... Such is Slovenia. Slovenia’s tourist industry accounts for 9.1% of GDP, annual revenue derived from it is a little under 1.2 billion euros, and thus represents approximately 10% of total service sector income. The fourteen largest operators together account for more than half of profit generated by this particular branch of the economy. In conjunction with product development and the constant improvement in the quality of services over recent years, many hotels across Slovenia have enjoyed extensive refurbishment and upgrading. These investments have succeeded in bolstering Slovenia’s image as an attractive holiday destination — with spa and health resort tourism the leading product in this field — as well as a provider of premium congress facilities in the global marketplace. Furthermore, those who come to Slovenia on business will certainly merit the services offered by this country’s numerous conference and convention centres, all of which are equipped with the latest in modern facilities and infrastructure, as well as commensurate firstclass accommodation. 21 EDUCATION, RESEARCH AND DEVELOPMENT Researchers in Slovenia in 2001 - Percentage distribution of researchers by sector (FTEs) - Total researchers (FTE) per thousand workforce: 4.6 Source: Ministry of Education, Science and Sport, 2003 Further information: Jožef Stefan Institute Jamova Cesta 39, SI - 1000 Ljubljana, Slovenia Tel.: +386 1 477 39 00 Fax: +386 1 251 93 85 www.ijs.si Ministry of Education, Science and Sport Trg OF 13, SI - 1000 Ljubljana, Slovenia Tel.: +386 1 478 46 00 Fax: +386 1 478 47 19 www.mszs.si 22 5. EDUCATION, RESEARCH AND DEVELOPMENT S lovenia certainly belongs to the most developed and technologically advanced states in Central Europe; it has a thriving academic community together with a well-established research and development infrastructure. These facets have contributed to this country’s flourishing technology sectors which have, over recent years, achieved a substantial growth in the export of high-tech products. The research potentials of Slovenia may not appear large if looking at the figures, yet when considering the size of this country’s population the picture becomes quite different. The educational structure of the Slovenian population is constantly improving. The numbers graduating from the country’s universities — Ljubljana (www.uni-lj.si) and Maribor (www.uni-mb.si) — have also been increasing; in 2002 almost surpassing the 13,000 mark. In 2003, 101,500 students enrolled in degree courses, and 5,600 in postgraduate courses, bringing the total studying at the universities to more than 1 in 20 of the total population! Slovenia’s activities in the realm of science, research and innovation are extremely diverse, and the country is renowned the world over for its high scientific standards and level of achievement. As stated in the National Development Plan 2001—2006, Slovenia has a clear development vision: a society based on knowledge with an internationally competitive capacity for scientific research and technological development. To accomplish this vision Slovenia currently appropriates approximately 1.57% of GDP to scientific and research endeavours, slightly over half of financial resources for such emanate from the private sector, while 40% are public sector resources. Researchers account for 0.46% of the working population. Slovenia has been establishing and strengthening international scientific co-operation with the EU states, neighbouring territories as well as developed and regionally important countries around the globe. It is also striving to become a full participating member of the most important international scientific and technological organisations and programmes, particularly those in the EU. USEFUL CONTACTS Chamber of Commerce and Industry of Slovenia Dimičeva Ulica 13, SI-1504 Ljubljana, Slovenia Tel.: +386 1 589 80 00 Fax: +386 1 589 81 00 www.gzs.si www.sloveniapartner.com TIPO - Slovenian Trade and Investment Promotion Agency Kotnikova Ulica 28, SI - 1000 Ljubljana, Slovenia Tel.: +386 1 478 35 57 Fax: +386 1 478 35 99 www.investslovenia.org www.sloveniapartner.com Bank of Slovenia Slovenska Cesta 35, SI - 1505 Ljubljana, Slovenia Tel.: +386 1 471 90 00 Fax: +386 1 251 55 16 www.bsi.si Customs Administration of the RS Šmartinska Cesta 55, SI - 1523 Ljubljana, Slovenia Tel.: +386 1 478 38 00 Fax: +386 1 478 39 00 www.gov.si/mf/angl/curs Statistical Office of the RS Vožarski Pot 12, SI - 1000 Ljubljana, Slovenia Tel.: +386 1 241 51 00 Fax: +386 1 241 53 44 www.stat.si Ministry of Foreign Affairs Prešernova Cesta 25, SI - 1000 Ljubljana, Slovenia Tel.: +386 1 478 20 00 Fax: +386 1 478 23 40 www.gov.si/mzz Government Public Relations and Media Office Tržaška Cesta 21, SI - 1000 Ljubljana, Slovenia Tel.: +386 1 478 26 00 Fax: +386 1 251 23 12 www.uvi.si/eng Institute of Macroeconomic Analysis and Development Gregorčičeva Ulica 27, SI - 1000 Ljubljana, Slovenia Tel.: +386 1 478 10 12 Fax: +386 1 478 10 70 www.gov.si/zmar Competition Protection Office Kotnikova Ulica 28/VII, SI - 1000 Ljubljana, Slovenia Tel.: +386 1 478 35 97 Fax: +386 1 478 36 08 www.gov.si/uvk Ljubljana Stock Exchange Slovenska Cesta 56, SI - 1000 Ljubljana, Slovenia Tel.: +386 1 471 02 11 Fax: +386 1 471 02 13 www.ljse.si Chamber of Craft of Slovenia Celovška Cesta 71, P.o. Box 50, SI - 1000 Ljubljana, Slovenia Tel.: +386 1 583 05 00 Fax: +386 1 519 32 41 www.ozs.si Slovene Export Corporation Ulica Josipine Turnograjske 6, SI - 1000 Ljubljana, Slovenia Tel.: +386 1 200 75 00 Fax: +386 1 200 75 75 www.sid.si Government Office for European Affairs Šubičeva Ulica 11, SI - 1000 Ljubljana, Slovenia Tel.: 01/ 478 24 25 Fax: 01/ 478 23 10 www.gov.si/svez USEFUL CONTACTS Tax Administration of the RS Šmartinska Cesta 55, SI - 1000 Ljubljana, Slovenia Tel.: +386 1 478 27 00 Fax: +386 1 478 27 43 www.gov.si/durs Slovenian Intellectual Property Office Kotnikova Ulica 6, SI - 1000 Ljubljana, Slovenia Tel.: +386 1 478 31 54 Fax: +386 1 478 31 10 www.sipo.mzt.si Official Gazette of the RS Slovenska Cesta 9a, SI - 1000 Ljubljana, Slovenia Tel.: +386 1 425 14 19 Fax: +386 1 425 14 18 www.uradni-list.si Slovenian Tourist Board Dunajska 156, SI - 1000 Ljubljana, Slovenia Tel.: +386 1 589 18 40 Fax: +386 1 589 18 41 www.slovenia-tourism.si 23 USEFUL CONTACTS Business News Legal Information Slovenia Business Week www.gzs.si/eng/news/sbw.default.htm IUS Info www.ius-software.si/english/is.asp Slovenia News slonews.sta.si Official Gazette of the RS www.uradni-list.si/english/index.htm General Trade Information & Macroeconomic Data Chamber of Commerce and Industry of Slovenia & TIPO - Slovenian Trade and Investment Promotion Agency www.sloveniapartner.com Institute of Macroeconomic Analysis and Development www.gov.si/zmar Centre for International Co-operation and Development www.cmsr.si/english.htm Offers and Inquiries Borza - Business Opportunities Exchange System www.borza.org Investment Opportunities TIPO - Slovenian Trade and Investment Promotion Agency www.investslovenia.org www.sloveniapartner.com 24 Business Information in English on the Web Statistics Commercial Fairs Statistical Office of the RS www.stat.si Chamber of Commerce and Industry of Slovenia www.gzs.si/eng Chamber of Commerce and Industry of Slovenia & TIPO - Slovenian Trade and Investment Promotion Agency www.sloveniapartner.com Business and Yellow Pages Sloexport - Database of Slovenian Exporters www.sloveniapartner.com Chamber of Craft of Slovenia www.ozs.si PIRS – Business Directory www.pirs.si National Telephone Directory tis.telekom.si WLW - Slovenia www.wlw.si Standards Ministry of Education, Science and Sport - Metrology Institute www.mirs.si Internet Search Engines Najdi.si www.najdi.si/pomoc/eng/index.jsp Mat Kurja www.matkurja.com/eng