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Economy of Slovenia and business opportunities

Economy of Slovenia

Slovenia today is a developed country that enjoys prosperity and stability as well as a GDP per capita at 83% of the EU28average. It was the first new member of the European Union to adopt the euro as a currency in January 2007 and it has been a member of the Organisation for Economic Co-operation and Development since 2010.

Slovenia has a highly educated workforce, well-developed infrastructure, and is situated at a major transport crossroad. On the other hand, the level of foreign direct investment is one of the lowest and the Slovenian economy has been severely hurt by the European economic crisis, which started in late 2000s. Almost two thirds of the working population are employed in services.

Slovenia's trade is orientated towards other EU countries, mainly Germany, Austria, Italy, and France. This is the result of a wholesale reorientation of trade toward the West and the growing markets of central and eastern Europe in the face of the collapse of its Yugoslav markets. Slovenia's economy is highly dependent on foreign trade. Trade equals about 120% of GDP (exports andimports combined). About two-thirds of Slovenia's trade is with other EU members.

This high level of openness makes it extremely sensitive to economic conditions in its main trading partners and changes in its international price competitiveness. However, despite the economic slowdown in Europe in 2001-03, Slovenia maintained a 3% GDP growth. Keeping labour costs in line with productivity is thus a key challenge for Slovenia's economic well-being, and Slovenian firms have responded by specializing in mid- to high-tech manufacturing. Industry and construction comprise about one quarter of GDP. As in most industrial economies, services make up an increasing share of output (57.1 percent), notably in financial services.

The traditional primary industries of agriculture, forestry, and fishing comprise a comparatively low 2.5 percent of GDP and engage only 6 percent of the population. The average farm is only 5.5 hectares. Part of Slovenia lies in the Alpe-Adria bioregion, which is currently involved in a major initiative in organic farming. Between 1998 and 2003, the organic sector grew from less than 0.1% of Slovenian agriculture to roughly the European Union average of 3.3%.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Economy Of Slovenia"

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Summary:
Successive Supply Of Animal Feed For A Period Of Four Years
Country:
Slovenia
 
Notice Type:
Tender Notice
Deadline:
24 May 2024
Posting Date:
03 May 2024
 
 
 
Summary:
Purchase, Supply And Installation Of High-Performance It Equipment For The Needs Of Ul, Faculty Of Biotechnology
Country:
Slovenia
 
Notice Type:
Tender Notice
Deadline:
30 May 2024
Posting Date:
03 May 2024
 
 
 
Summary:
Selection Of A Contractor For The Presentation Of Slovenian Dishes At Fairs And Exchanges Abroad/At Home And Other Promotional Banquets Abroad/At Home Until 31/12/2027
Country:
Slovenia
 
Notice Type:
Tender Notice
Deadline:
20 May 2024
Posting Date:
03 May 2024
 
 
 
Summary:
Supply Of Free-Standing Plastic Lv Cable Boxes
Country:
Slovenia
 
Notice Type:
Tender Notice
Deadline:
15 May 2024
Posting Date:
03 May 2024
 
 
 
Summary:
Supply Of Spare Parts For Work Machines And Vehicles And Service Services
Country:
Slovenia
 
Notice Type:
Tender Notice
Deadline:
29 May 2024
Posting Date:
03 May 2024
 
 
 
Summary:
Purchase Of Orthopedic Accessories
Country:
Slovenia
 
Notice Type:
Tender Notice
Deadline:
31 May 2024
Posting Date:
03 May 2024
 
 
 
Summary:
Construction Of The Full Connection On Celovška Cesta, 3A Phase G1-8/0213, Ljubljana (Šentvid - Ring Road)
Country:
Slovenia
 
Notice Type:
Tender Notice
Deadline:
24 May 2024
Posting Date:
03 May 2024
 
 
 
Summary:
Insurance Of Property And Property Interests
Country:
Slovenia
 
Notice Type:
Tender Notice
Deadline:
20 May 2024
Posting Date:
03 May 2024
 
 
 
Summary:
Extension And Reconstruction Of Karel Destovnik-Kajuha Elementary School In Šoštanj
Country:
Slovenia
 
Notice Type:
Tender Notice
Deadline:
20 May 2024
Posting Date:
03 May 2024
 
 
 
Summary:
Reconstruction Of The Road And Facilities On The Section Ac A1 0038/0638 Slovenske Konjice - Dramlje From Km 0.071 To Km 6.500
Country:
Slovenia
 
Notice Type:
Tender Notice
Deadline:
06 Jun 2024
Posting Date:
03 May 2024