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Slovenia still attractive to German investors despite challenges

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(Photo: Tamino Petelinšek / STA)

By: P.T., STA

Slovenia remains attractive for German companies, mainly due to its geostrategic location and skilled workforce, shows this year’s survey of German chambers of commerce in 15 countries in Central and Eastern Europe.

Meanwhile, criticism is levelled at Slovenia’s rigid labour legislation and high labour costs. the Slovenian-German Chamber of Commerce’s president Dagmar von Bohnstein said the economic impact of the Covid pandemic and Russia’s attack on Ukraine have reduced the expected growth rate for this year to 3.9%, but 68% of German companies in Slovenia are still satisfied with the economic situation and consider it good.

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