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Outsourcing is growing in Slovakia.

Europe Intelligence Wire

| June 01, 2009 | COPYRIGHT 2009 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From The Slovak Spectator)

OUTSOURCING has become a useful tool in Slovakia in helping companies to achieve better results and to be more effective and innovative. Companies in Slovakia are mainly outsourcing cleaning services, catering, IT, and customer services and the reasons they most often list for doing so are to allow more focus on their core business and to save costs. The current global economic downturn has made these reasons more imperative for some companies, bringing new opportunities to outsourcing businesses.

"We are certainly seeing more companies in Slovakia considering outsourcing at the moment and needing more information to ensure they succeed, but we are also aware that these people are more cost-conscious than ever," Victoria Miller, associate director at CB Richard Ellis (CBRE), told The Slovak Spectator. CBRE, a property advisor to corporate occupants of commercial real estate, is listed in the Global Outsourcing 100 publication and is recognised as among the world's best outsourcing service providers.

"With companies downsizing and consolidating their operations, outsourcing can bring in new ideas and approaches, without putting additional pressure on current colleagues," said Miller.

In general, according to Miller, outsourcing allows a company to react to changes without having to maintain additional staff who then may be unnecessary in the near future or who lack an overview of a particular market.

"The economic crisis is changing how everyone views spending money, so this has changed the view of companies in terms of outsourcing," said Miller. "We are seeing more companies which are looking forward and are committed and know that they need more information and assistance to find success in this current market."

Slovakia is suitable

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