Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Industry / Slovakia

Slovakia Seeks Foreign Investment, But Its Neighbours Will Prevail

April 2011 | Industry News

Economy minister Juraj Miskov has called on Indian auto companies to increase their trade and investment relations with the country. BMI believes this will appeal to Indian companies seeking a presence in the EU, thanks to Slovakia's membership and its status as a major production hub in emerging Europe. However, we warn that production costs in the country have been rising over the past few years, which has prompted companies to seek more competitive locations in the region, such as Poland, Serbia,

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