1. Association of Textile and Clothing Industry of SR
Measures to counteract effects crisis in the Slovak Republic and their impact on T&CI
Association of Textile and Clothing Industry of SR
Bratislava

2. The Slovak Republic minor and ultra open economy
export share on GDP accounts for 83%
high share of automobile and electro technical industry on product export structure
high vulnerability of economy to decline of foreign demand
Bratislava

3. Crisis Impacts on the Slovak Economy
I Q 2009 data
Slovak economy: decline of GDP by 5,6 %, unemployment rate amounts to 10,3 %, drop of export by 28,6 %
Industries: fall of production in automobile industry by 41,6 %, metallurgy by 33,5%, engineering by o 32 %,
industry employment decreased by 38 thous. persons
TCI: fall of production by 16 %; decrease of employees by 5 thous. persons (the same number as in 2008 in total)
Bratislava

4. Measures taken by the government (Crisis Response Packages)
macro economy policy
fiscal policy
finance market policy
labour market policy
business environment
wages and employment policy
tax and contribution policy
Bratislava

5. Activities of ATOP Slovakia
Mission aimed at sector job maintenance – document of the Conference of sector social partners, February 2009
appeals for searching measures to alleviate crisis impacts on the sector
addressed to the government, employers and trade unions
Bratislava

6. Activities of ATOP Slovakia
Mission aimed at sector job maintenance
appeals for searching measures to alleviate crisis impacts on the sector
more effective use of structural funds
education and training
use of employees on the labour market
domestic market protection (prevent illegal imports)
support of national producers
Bratislava

7. Activities of ATOP Slovakia
Working meeting of sector manufacturers
(ATOP member and non member companies representatives), April 2009
Conclusion
Crisis situation requires
more resolute measures on governmental level
temporary applicable measures
Bratislava

8. Activities of ATOP Slovakia
Recommendations
crisis version of Labour Code and minimal wage institute
decline of tax and contribution/delivery burden
better access to credits
harmonization of education system with sector company needs
strengthening of state role in energy pricing, public tender execution and protection of domestic market
Bratislava

9. Activities of ATOP Slovakia
Working groups of ATOP are dealing with these recommendations and the recommendations will be resubmitted during next meetings with state administrations
Bratislava

10. Thank you
Bratislava