Market profile

Business practices and etiquette in the Slovak Republic are a cross between those of western Europe and the USA and eastern Europe and Russia. While English is increasingly accepted as a business language in the Bratislava area, German is more common throughout the country. Russian is widely understood, but may not always be welcomed. Many Slovak companies have English speakers among their top managers.

Successful business in the Slovak Republic generally requires the establishment of a good personal relationship and a feeling of mutual trust. Social conversation prior to business is the norm and launching directly into business may impede the development of a good personal relationship with the business partner.

To initiate and maintain effective business relations, you should have regular face-to-face meetings and maintain frequent telephone and email contacts in between visits. After an initial meeting, written summaries of goals, objectives and points of agreement or disagreement are encouraged to minimise misunderstandings between business parties.

More information on doing business in the Slovak Republic

Slovak Republic's market insights and opportunities

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Facts

  • Imports from the Slovak Republic A$341 million
  • Exports to the Slovak Republic A$72 million
  • Capital Bratislava
  • Official Language Slovak
  • Area 48,088 sq km
  • Population 5.4 million

VISIT SLOVAK REPUBLIC

Country information provided by DFAT

Country brief

A comprehensive overview of political, economic and bilateral and regional trade agreements.

» read more at DFAT

Trade and economic fact sheet

Containing general information, recent economic indicators, Australia’s trade and investment relationship with Slovak Republic and their global merchandise trade relationship that is updated twice a year.

» read more at DFAT

Smartraveller

The Department of Foreign Affairs and Trade’s Smartraveller site provides advice for business travelers and tourists going to Slovak Republic. This is regularly updated and should be checked before planning travel.

» read more at DFAT

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