For the second time, PwC in cooperation with Ing. Monika Krošláková, PhD. from the University of Economics in Bratislava and daily newspaper Hospodárske noviny has prepared an up-to-date picture of conducting business in Slovakia.
Private sector in Slovakia in 2014:
- 66% of entrepreneurs expect that the revenues of their firms will grow next year
- 44% of firms plan to hire new staff
- Entrepreneurs are conservative with regards to financing future growth. Two types of sources prevail: bank loans or own finance
- Half of Slovak firms are involved in export
- 25% of entrepreneurs consider tax regimes and joining new markets to be an obstacle
- 78% of Slovak firms will be assigned and managed within the family