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Investing in SE Europe Increasingly Popular, Conference Finds

Celje, 20 September

Investing in countries of the Stability Pact for SE Europe is becoming increasingly popular among enterprises, participants of a round table held in Celje have stressed.

According to head of the Public Entrepreneurship and Foreign Investment Agency, Vili Hribernik, it is not only Slovenian companies that are rushing to invest, but also companies from the rest of the region.
Hribernik said that Slovenia was bold in being among the first to begin investing in countries of the Stability Pact. Moreover, he claimed the government was working on improving conditions for investment in these countries.
"Challenges and opportunities or problems - this is no longer the question. Our main motive should be to create a truly competitive global economy," he told the opening of a two-day round table on the financing of small and medium-sized companies, with focus on investing in countries of the Stability Pact for SE Europe.
Alenka Marovt of the Economics Ministry pointed out that countries of the former Yugoslavia are big trading and investment partners for Slovenia. She stressed that Slovenia accounts for 52% of all investment in Croatia, for example.
Another Economics Ministry official stressed that a special challenge for Slovenian companies was being part of the privatisation in these countries. However, Tatjana Bruncek Jovicevic stressed that the high risks involved still means that Slovenian investments are not as great as they could be.
Meanwhile, Andreja Jaklic of the Ljubljana Faculty of Social Sciences said that around 2.4% of Slovenian companies have invested in SE Europe. Slovenian companies have an advantage over other foreign companies in that they are familiar with the SE European markets and have good local connections, she pointed out.

More articles from this issue:

Interview
Sencar: EU Presidency Will Be Test of Maturity for Slovenia
Brussels, 25 September
Politics
Deputy Groups Agree Govt to Set Number of Regions
Ljubljana, 22 September
Jansa Confident Ecological Zone Bill Would be Passed
Ljubljana, 22 September
Slovenia Requests Return of Artwork Taken by Fascists
Ljubljana, 22 September
Jansa Says It Is High Time Slovenia Entered Europe
Ljubljana, 26 September
Economy
Reforms Key to Greater Competitiveness, Garelli Says
Bled, 26 September
Vizjak Calls for Better Business Ties in Belgrade
Belgrade, 26 September
Chief Govt Reformist Says Reforms Should Not Be Rushed
Ljubljana, 20 September
Investing in SE Europe Increasingly Popular, Conference Finds
Celje, 20 September
IMAD Head Named National Lisbon Coordinator
Ljubljana, 22 September
Science
Ceremony Marks 30 Years of University of Maribor
Maribor, 20 September
EU Topics
Logarska Valley Receives Environmental Protection Prize
Sion, 22 September
Slovenia Got All promised EU Funds in 2004
Brussels, 22 September
Eurobarometer Poll: 89% of Slovenians Speak a Foreign Language
Brussels, 23 September
Culture
Cvitkovic Bags New Director Award in San Sebastian
San Sebastian, 24 September
Slovenia Joins European Heritage Days
Ljubljana, 24 September
French Town to Host Slovenian Culture Festival
Toulouse, 26 September
People
Slovenian Journalism Expert Gets SEEMO Award
Ljubljana, 21 September
Tourism
Slovenia Must Focus Tourism Goals, Tourism Association Boss Says
Portoroz, 24 September
Calendar of Events
Schedule of Events from 26 September to 2 October

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