Foreign direct investment

Austrian investors still feel Slovenia offers good investment opportunities despite persistent issues such as red tape, high taxes, and shortage of skilled workers, shows a survey by Advantage Austria Ljubljana among Austrian-owned companies in the country.

Foreign direct investments in the sector have increased sevenfold in volume in the last three years, said a Greek official

Greece's position in terms of competitiveness fell by just one position compared to last year, according to data from Swiss-based International Institute for Management Development (IMD) published today. The country is now in 47th place in the relevant ranking, falling from 46th place last year, among 63 countries.

The Presidential Investment Office and global professional services network PwC have prepared a guide for foreign investors. The guide offers 10 insights from taxes to incentives to grow a business in Turkey.

The Foreign Economic Relations Board of Turkey (DEİK) on Nov. 4 launched a report via a webinar on Bilateral Trade and Foreign Direct Investment for Kuwait and Turkey.

Canberra – Slovenia and Australia will start negotiations to conclude an agreement on avoidance of double taxation next year, the Slovenian Embassy in Canberra has announced.

Announcing the negotiations, the embassy said on Wednesday that such an agreement would have a positive influence on the volume of economic cooperation between the countries, especially in investments.

The picture that the global investment community has vis-a-vis the attractiveness of Greece as an investment destination has improved significantly.

Ljubljana – Slovenia has slid five spots in the IMD World Digital Competitiveness Ranking to 40th among 64 countries, with the Covid-19 pandemic perceived as the main reason as it has significantly affected the competitiveness of all regions, countries and industries.

One of China's biggest mobile phone maker Tecno Mobile has begun manufacturing in Turkey with an investment of $35 million, a company statement said on May 24.

"We plan to employ around 1,000 people at our production facility at Istanbul's Pendik district in the first year of trading," said Hank Li, Tecno Mobile's Turkey manager.

Brussels – Attending a session of the EU’s Trade Policy Council, Economy Minister Zdravko Počivalšek discussed the reform of the World Trade Organization (WTO) with his EU counterparts in Brussels on Thursday. Počivalšek said that Slovenia was ready to cooperate to affirm the importance of the WTO during its EU presidency.