During its 20 years of existence, the Slovak Investment and Trade Development Agency (SARIO) has successfully completed more than 580 investment projects worth more than € 12.6 billion.
Thanks to these projects, create up to 132,600 direct jobs throughout Slovakia, including less developed regions, SARIO said. The Agency was established on October 1, 2001 and had the task of accelerating the development of Slovakia, supporting employment and increasing the country’s exports.
standard of living and reducing regional disparities throughout Slovakia. In addition to supporting the regions, SARIO manages to attract investments with higher added value to Slovakia. These are projects of technology centers, centers of strategic services and projects of industrial production of technically advanced products, for example in the field of robotics
“Distance, borders, different languages and, as it turned out, a global pandemic do not play a role in the activities of this agency,” said Sulík.
investment destination. According to SARIO General Director Róbert Šimončič, this is also helped by the improvement of the business environment through the measures taken to reduce the administrative burden, but also by expanding and improving the agency’s services. It functions not only as a consulting company, but also as a driving force of the Slovak economy in terms of growing production and added value. In cooperation with SARIO, thousands of Slovak companies have concluded new business contracts and contracts with foreign and domestic partners. New business opportunities were created during 1,850 business missions, cooperation events, international fairs, thousands of individual consultations and hundreds of educational seminars. SARIO has supported more than 1,100 such Slovak companies in the amount of almost three million euros as part of the national project Support for the Internationalization of Small and Medium-sized Enterprises since 2017.
four Slovak car manufacturers, Zvolen Kronospan, investment in SCP Ružomberok, Getrag Ford in Kechnec or Amazon in Sered. The share of higher value-added projects has increased from around one tenth in the last ten years to almost half of all projects