Slovakia Offers Israeli Tech Companies Cooperation in Development and Production
Slovakia Offers Israeli Tech Companies Cooperation in Development and Production
Daniel Zimet, President of the Israel-Slovakia Chamber of Commerce: “The workforce in Slovakia is educated
and skilled, and salaries are relatively low compared to Europe.”
● Next month, an international conference on AI, robotics, and sustainability will be held there.
The Slovak Republic – a member of the European Union and NATO – is seeking to strengthen its economic and technological cooperation with Israel, building on the existing ties between the two countries.
On September 17 this year, Slovakia will host an international innovation conference, accompanied by a technology exhibition showcasing fields of innovation where collaboration is possible. The conference is expected to attract representatives of technology companies and thought leaders, including a delegation from Israel.
The main topics of the conference will be the future of artificial intelligence, robotics, sustainability, and industry. An Israeli speaker, Dr. Eyal Brook, Partner and Head of AI at the law firm S. Horowitz, will also deliver a lecture.
The event organizers are inviting representatives from Israel to participate in the conference and explore opportunities for cooperation with the high-tech sector and other industries. Incentives that the Slovak government plans to offer companies working in these fields will also be presented, including wage subsidies, support in establishing companies, and more.
What are the advantages of cooperating with Slovakia?
According to
Daniel Zimet, President of the Israel-Slovakia Chamber of Commerce:
“Slovakia is currently considered one of the most Israel-friendly countries, against the backdrop of strained international relations with other nations. It has a growing economy, excellent human resources, impressive innovation potential, advanced R&D centers, and proximity to key markets in the heart of Europe. It is also a leading European car manufacturer, producing around one million vehicles annually.
Zimet further noted that Slovakia enjoys a strategic location in Central Europe, serving as a bridge between Eastern and Western Europe, giving Israeli companies easy access to major markets such as Germany, Austria, and Poland, as well as Eastern European countries. This location reduces logistics and shipping costs and enables efficient supply chain management.
He added that Slovakia has an educated and skilled workforce, particularly in engineering, programming, and technology, while wages are still relatively low compared to other European countries.
In 2024, Slovak startups raised around 500 million euros, a 35% increase compared to the previous year. Leading sectors in Slovakia include Green Tech, Fintech, healthcare, and finance. Other notable markets are IoT (Internet of Things) and smart cities.
Further details about the conference can be found on its website – here.
