Business

On 1 January 2007 Slovenia adopted the euro. Photo: Primož Lavre


The nineties were marked by economic progress typical of the more successful transition countries, and the transition to a market economy was relatively painless.

At home and abroad, Slovenian companies have celebrated numerous successful and highly innovative products. Ever heard of Elan skis , the ones used by skiing champions? Or Seaway sailing boats and Pipistrel ultra light aircraft ? Or perhaps the brilliantly designed Gorenje household appliances ?  And numerous other small, but highly innovative companies. Their products are persistently breaking into foreign markets and lends a boutique-type quality to Slovenia's economy.

The economy is geared towards services, and Slovenia can boast top-class services in the field of information technology. It also has developed pharmaceutical and automobile manufacturing.

Other major economic sectors include the food industry, electrical devices, metal processing and chemicals. Meanwhile tourism is becoming an increasingly important sector.

Features

Svetloba – a company on the way towards the global peak thanks to its innovativeness

October 2011

For the third time, the newspaper Finance announced the winner of the competition Best Business Idea and Best Business Eco-idea 2011. Among five finalists is also the company Svetloba. The jury was convinced by its high-tech...

On the brink of a new recession?

September 2011

According to several economists, Slovenia will have to become accustomed to very low economic growth, or even recession, for a very long time. After Slovenian gross domestic product in the second quarter of 2011,at 0.9 per cent,...

The Economy is Being Revived and Exports are Increasing

July 2011

The OECD expects that the recovery of the Slovenian economy will strengthen, and announces 1.8 per cent economy growth for Slovenia this year and 2.6 per cent for the following year. Although, the Institute of Macroeconomic...