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April 2010 9 out of 10 investors - Sario

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SARIO News<br />

<strong>April</strong> <strong>20<strong>10</strong></strong><br />

Memorandum on the cooperation with<br />

Presov, Kosice and Nitra Self-Governing<br />

Regions (VUC)<br />

Memorandum on the cooperation between the SARIO<br />

agency and the Self-Governing Region (VUC) was<br />

signed by SARIO CEO Juraj Kiesel with the representatives<br />

<strong>of</strong> three Self-Governing Regions (VUC) respectively (Mr.<br />

Peter Chudik, Chairman <strong>of</strong> the VUC Presov, Mr. Zdenko<br />

Trebula, Chairman <strong>of</strong> the VUC Kosice and Mr. Milan<br />

Belica, Chairman <strong>of</strong> the VUC Nitra). This is one tangible<br />

consequence <strong>of</strong> the successful event “Investment and<br />

Cooperation Forum <strong>20<strong>10</strong></strong>” that took place under the<br />

auspices <strong>of</strong> the Ministry <strong>of</strong> Economy <strong>of</strong> the Slovak<br />

Republic (MH SR) with the participation <strong>of</strong> potential and<br />

established <strong>investors</strong> with the plans to expand. The aim <strong>of</strong><br />

the Memorandum is the cooperation in the development<br />

and propagation <strong>of</strong> the business environment,<br />

presentation <strong>of</strong> the investment environment advantages<br />

and support <strong>of</strong> the export activities <strong>of</strong> the business<br />

entities.<br />

New methods <strong>of</strong> SARIO’s work with the<br />

<strong>investors</strong><br />

Based on the Memorandums on the cooperation <strong>of</strong> the<br />

Self-Governing Regions (VUC), the Slovak Investment<br />

and Trade Development Agency prepared new methods<br />

<strong>of</strong> work with the <strong>investors</strong> and the regions. This new<br />

approach should be as follows: After the interlinking <strong>of</strong><br />

the websites <strong>of</strong> SARIO agency and the individual Self-<br />

Governing Regions with the <strong>of</strong>fers <strong>of</strong> the investment<br />

and export opportunities, appointed project manager<br />

<strong>of</strong> the FDI Section will organize, in the cooperation with<br />

the SARIO Regional Offices and the representatives<br />

<strong>of</strong> the VUC regional department, the meeting directly<br />

in the region. “If this would not be possible due to time<br />

constraints, we would prepare videoconference in SARIO<br />

agency during which the <strong>investors</strong> would be able to talk<br />

with the representatives <strong>of</strong> the selected region on the<br />

specific investment options”, SARIO CEO Juraj Kiesel said.<br />

He added that SARIO agency is after <strong>10</strong> years <strong>of</strong> its work<br />

with the <strong>investors</strong> introducing new, dynamic model –<br />

work with the <strong>investors</strong> in close cooperation with the<br />

regions.<br />

Sucessfully finalized investment projects in<br />

2009<br />

By 31st December 2009 Foreign Direct Investment<br />

Section <strong>of</strong> SARIO had successfully finalized eight<br />

investment projects in the total volume <strong>of</strong> 244.43 million<br />

EUR. These projects should create 2,625 – 4,450 jobs. The<br />

strategic project <strong>of</strong> the 2009 became the investment <strong>of</strong><br />

the company AU Optronics from Taiwan that has decided<br />

to invest in Slovakia into the LCD panels production in<br />

Trencin.<br />

Groundbreaking ceremony <strong>of</strong> AU Optronics<br />

Corporation (AUO) in Trencin.<br />

Chief Executive Officer <strong>of</strong> SARIO Mr.Juraj Kiesel<br />

participated at the groundbreaking ceremony <strong>of</strong> AU<br />

Optronics Corporation (AUO) in Trencin. AUO as one <strong>of</strong><br />

the foremost producers <strong>of</strong> the LCD panels in the world<br />

had decided to invest 191.3 million EUR to the factory in<br />

Trencin with the assumption to create ab<strong>out</strong> 1,300 direct<br />

and almost 2,000 indirect jobs. Taiwanese investor plans<br />

to start the production in the beginning <strong>of</strong> 2011. SARIO<br />

Chief Executive Officer said in this context: “Despite <strong>of</strong><br />

the global crisis and general decrease <strong>of</strong> the investment<br />

activities in all economically developed countries <strong>of</strong> the<br />

world, we need to understand the AU Optronics investment<br />

much deeper – as a message that Slovakia is a good<br />

destination for <strong>investors</strong>.”<br />

A unique guide to “Life in Slovakia” by SARIO<br />

SARIO proudly presents “Life in Slovakia”, a specialized<br />

information material published for the very first<br />

time. “Life in Slovakia” is designed not only to introduce<br />

Slovakia as a country <strong>of</strong> opportunity, but also to provide<br />

useful legal, cultural, and social information for potential<br />

as well as established <strong>investors</strong> and expatriate managers<br />

living in Slovakia. The ambition <strong>of</strong> this publication is to<br />

make life <strong>of</strong> incoming <strong>investors</strong> and their management<br />

teams easier by helping them to adapt to new, different<br />

cultural and social environment.<br />

More information: marketing@sario.sk<br />

Partnership <strong>of</strong> SARIO and Slovak TV<br />

The representatives <strong>of</strong> the strategic development <strong>of</strong> the<br />

Slovak Television have presented the project <strong>of</strong> the<br />

satellite broadcasting focused on the image <strong>of</strong> Slovakia<br />

abroad to the top representatives <strong>of</strong> SARIO. According<br />

to the Director in Charge <strong>of</strong> the Strategic Project Jan<br />

Dianiska the main goal <strong>of</strong> this project is to strengthen<br />

the identity <strong>of</strong> the Slovaks living abroad and to attract<br />

them back to Slovakia not only as tourists but as well<br />

as entrepreneurs. “We would be happy if this project<br />

would create one <strong>of</strong> the pillars <strong>of</strong> the state presentation<br />

directed abroad,” said Jan Dianiska and he added that<br />

it is the reason they are looking for natural partners<br />

for cooperation – the institutions actively pursuing<br />

the presentation <strong>of</strong> the Slovak Republic from different<br />

perspectives. “SARIO agency welcomes the opportunity<br />

to participate in this project that might help with the<br />

presentation <strong>of</strong> Slovakia and attract the attention <strong>of</strong><br />

foreign business subjects”, said SARIO CEO Juraj Kiesel.<br />

www.sario.sk<br />

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