Austrian Companies in Slovenia Are Interested in Qualified Local Specialists

Austrian companies in Slovenia are experiencing a shortage of skilled man power. Companies expect the Government to reduce the tax burden and enhance the labour market flexibility. They are ready to invest 1.4 million euros in the dual system of vocational education to provide personnel reserve. The greatest demand is for workers with secondary vocational education, while a quarter of companies face a shortage of workers with higher education.

It should be noted that Austrian companies with approximately 3.5 billion euros are the largest foreign investor in Slovenia. Their investments account for 25.6% of all foreign direct investment in the country. Currently, Slovenia has over 1,000 subsidiaries with the majority Austrian capital and a staff of approximately 20,000 people.

The Austrian model of education – from a student to a director – opens up additional opportunities for students in secondary vocational schools. For example, students of the Ptuj Educational Centre will have an opportunity to do most of the practical training directly at an enterprise – at the Austrian company Palfinger, a subsidiary of which operates in Maribor. The company specializes in the production of cranes.

Over 90% of Austrian entrepreneurs believe that Slovenia will remain an attractive investment environment this year. Besides, 60% of them believe that the state of the country’s economy improved last year. It is also encouraging that more than half of the surveyed representatives of companies predict an increase in income and an increase in the number of orders in the next year. This data was cited by Peter Hasslacher, the head of Advantage Austria – the official representative of the Austrian business in Slovenia.