1. SLOVAKIA Ideal Investment & Business Destination

2. Slovakia – Growing Heart of Europe Strategic location with great export potential Source: SARIO, 2010 I Establishment: 1st January 1993 I Official name: Slovak Republic I Area (km2): 49,035 I Population: 5,379,000 I Capital: Bratislava I Member of: OECD, WTO, NATO, EU, Schengen area I Official currency: EURO I Official Language: Slovak I Government: Parliamentary democracy I Election term: 4 years I Neighbours: Austria, Czech Republic, Hungary, Poland, Ukraine I Time zone: GMT + 1hour

3. Macroeconomic Overview 2008200920102011 Real GDP growth6.4%-4.7%4%3.3% Labour productivity growth3.8%2.7%2.7%2.2%- HICP Inflation4.6%1.6%0.7%4.1% Unemployment7.7%11.4%14.4%13.5% Average monthly gross salary (€)723744,5769786 GDP growth GDP Prediction for 2012 EC 1.2% OECD1.8% National Bank of SR 2.1% IMF2.4% MF SR2.5% WB3% GDP Prediction for 2013 IMF 3,1% National Bank of SR 3.1% WB 1.5% OECD 3.6% MF SR 2.7% OECD 4.4% Source: International Monetary Fund, Eurostat, Slovak Statistics Office, Central office of Labour, Social Affairs and Family

4. Slovakia: Fastest Growth in Eurozone, 2012 FF Source: European Commision, February 2012

5. Source: World Bank Group – Doing Business Report 2012 Registering property Paying taxes Enforcing contracts Protecting investors Closing business Construction permits Methodology The Doing Business project provides objective measures of business regulations and their enforcement across 183 economies and selected cities at the subnational and regional level. Starting a business Trading across borders 1st Rank in CEE in DOING BUSINESS 2012 ! Getting credit

6. Why Invest in Slovakia: Top Reasons Why Invest in Slovakia: Top Reasons Strategic Position with Export Potential Zdroj: World Resources Institute London Paris Rome Istanbul Berlin Kiev Moscow 300 millio n of consumers in radius of 1,000 km 600 millio n of consumers in radius of 2,000 km

7. Eurozone Member – One of the few from CEE € Euro since 1 st January 2009 EURO IMPLEMENTATION IMPACT: Limitation of Foreign Exchange Risk Lowering Transaction Costs Growth in Foreign Trade Increased Financial Stability Source: SARIO, 2012

8. Corporate Income Tax Personal Income Tax Value Added Tax - VAT Dividend tax Inheritance and Gift Tax Real Estate Transfer Tax R epatriation of profits 19% Flat Tax Rate Source: SARIO 2012 19% 0% 100% 20% Simple and Fair Taxes

9. Low Labour Cost & High Labour Productivity 989 € 24 319CZK Czech Republic 825 € 3 399,52 PLN Poland 762 € 213 054 HUF Hungary Data for 2011 Source: National Statistical offices of Czech republic, Hungary, Poland, Slovakia, Bulgaria, Romania exchange rate (as of 3 April 2012) GDP (in PPS) per hour worked as compared to EU15 (100) Source: Eurostat 2011 Gross monthly salary 472 € 1 936 RON Romania 328 € 642 BGN Bulgaria Slovakia reaches the highest labor productivity 786 € Slovakia

10. Regional Differences in Wages Source: Central Office of Labour, Social Affairs and Family, 2012 1 001 € 735 € 687 € 662 € 652 € 707 € 608 € 726 € Average gross monthly wage level in economy in Slovakia in 2011 reached 786 EUR(2,2% increase pa) Average unemployment level in Slovakia in 2011 reached 13.5 %

11. Education in Slovakia Number of Universities: 35 Number of Students in 11/12: 204 158 Graduates in 2011: 71 092 Source: The Institute for the Information and the Prognosis in the Education, 2012 In TOP 500 of world universities ranking

12. High-Tech Services: Knowledge Intensive Creative, movie, TV industry and ICT Scientific research and development (biotech, medical, engineering etc.) High-Technology: Manufacturing Computer, electronic and optical products PharmacyAir and spacecraft industry Source: SARIO, 2012 Dominating Sectors of Slovak Republic

13. Armament industry ChemistryElectrical equipment Machinery equipment Automotive industry, supplier sector Medium-High Technology: Manufacturing Other transport equipment Medical and dental instruments Source: SARIO, 2012 Dominating Sectors of Slovak Republic

14. Slovakia´s Success Stories Source: SARIO, 2012

15. Success Stories & FDI Inflow to Slovakia Country of Origin Investor USA US Steel, Emerson, DELL EMEA Centre of Excellence, Whirlpool, IBM International Services Centre, HP European IT Operation Centre, Johnson Controls R&D Centre, AT&T, Accenture Technology Solutions, Getrag Ford (Deutschland), Honeywell, Amazon ChinaLenovo Taiwan AU Optronics, ESON, Foxconn, Delta Electronics Germany Siemens, Volkswagen, T-Systems, Continental Japan Sony, Panasonic, Yazaki, Mitsui Sumitomo Korea Samsung, KIA Motors, Hyundai Mobis FrancePSA Peugeot Citroen, Alcatel R&D Source: NBS, SARIO, 2012

16. Bilateral trade Development of bilateral trade between Slovakia and Greece (in thousands €) I 2008 - the peak of the trade and our exports I 2009- slight decrease due to ongoing global financial and economic crisis I 2010 – annual decrease of 21% I 2011, 2012 - downward trend in trade, mainly due to the decrease of our exports, but still highly positive trade balance for Slovakia (our exports highly exceed imports). 200720082009201020111-7/2012 Export262 451302 137270 015177 529148 74489 027 Import86 85884 577105 80791 58588 52556 325 Turnover349 309386 714375 822269 114237 269145 352 Balance175 593217 560164 20985 9446024932 702

17. Main trade commodities I Slovak export to GR I - the highest export turnovers were in TV sets, cars I - followed by plastics, rubber and articles thereof; paper, paperboard and articles of paper pulp; metal and metal products (including iron, steel and copper) I - increase in export of other commodities: wood, tires, telecommunication equipment, audio equipment, cosmetics, furniture, printing materials, artificial fertilizers, pumps, metal pipes, office equipment, musical instruments, plastic products, household appliances, commercial glass, electrical machinery, yarn and so on. I - more than 70 commodities with volume of over 100 thousand €. I Greek import to SR I - aluminum ores and concentrates have long been the most important commodity in our import from Greece (35% of total imports) I - Second place - market products, especially cutlery and knives. I - other commodities: pharmaceuticals, textile products, fruits, nuts, vegetables, alcohol, cosmetics, polymers, etc. I - Overall, more than 30 items with the volume over 100 thousand Euros.

18. Insight into Investment Incentives

19. Eligible Projects  Industry  Shared Service Centers  R&D Centers  Tourism

20. ELIGIBLE ARE COSTS OF:  LAND  BUILDINGS  NEW MACHINERY & TECHNOLOGY EQUIPMENT  LICENSES & PATENT RIGHTS OR  WAGE COSTS OF NEW EMPLOYEES DURING 2 YEARS State aid in regions: Bratislava: 0% Western Slovakia:40% Central Slovakia:50% Eastern Slovakia:50% Eligible Costs

21. SARIO Services From providing  General services & information to all subjects interested in FDI in Slovakia  Tailor-made solutions for potential investors exploring Slovakia such as  Best Location for Your Investment  Best Location for Your Expansions Through  Assistence in STATE AID application process for investments into:  INDUSTRY  SHARED SERVICE CENTERS  R&D CENTERS  TOURISM  Support foreign trade via match-making & subcontracting To  AFTERCARE services - for established foreign companies Contact: www.sario.sk Governmental Agency: Services Free of Charge

22. Thank you for your attention! Roman Hlobe ň Deputy Head of Mission Embassy of the Slovak Republic Address: 4,G. Seferi Str., Paleo Psychico, 154 52 Athens tel. 210 6771 980 fax. 210 6776 761 emb.athens@mzv.sk