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Germany, the biggest investor in Slovakia.

Europe Intelligence Wire

| September 22, 2003 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From The Slovak Spectator)

Byline: Marta Tkaeova Spectator staff

German capital has found its way into nearly every branch of the Slovak economy GERMANY is one of the most courageous investors and business partners in Slovakia. The country was in the vanguard of those who placed their first direct foreign investment in the region only a couple years after the Velvet Revolution in 1989, and even before the establishment of the independent Slovak Republic. With its volume of direct investment at about Sk80.3 billion ([euro]1.94 billion) as of March 31, 2003, Germany still remains the biggest investor, making 26.4% of all foreign direct investments in Slovakia. The Germans have injected their investments predominantly into the industrial sector, spending Sk79.5 billion ([euro]1.92 billion), a 32.6% share of all the foreign direct investment into the sector. The German interest in Slovak industry has resulted in many …

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