The royal flush of the investors with the highest impact on Slovenia’s economy growth for 2018 includes RLS, Fraport Slovenija, Bosch Rexroth and cargo-partner. These limited liability companies are registered in Slovenia, they employ at least 50 people, their value-added per employee is at least EUR 35,000, they are sound and profitable, have no overdue tax debts and their 12-month credit rating is stable.
Rotary and Linear Motion Sensors or RLS d.o.o., Komenda, the winner in the category of research and development orientation and excellent business results specialises in the design and manufacture of magnetic encoders and components for industrial clients worldwide in the category of research and development orientation and excellent business results. The company continues to scale up business to realise its full potential as demonstrated by a revenue rise of 18% in 2017 to EUR 21 million and EUR 99,000 in value-added per employee. The fact that RLS’s strategic partner is the UK-based Renishaw, a global engineering company with core skills in measurement, motion control, healthcare, spectroscopy and manufacturing mean that RLS will continue to outperform their competitors.
The award for long-term commitment to Slovenia as a prime investment location went to Bosch Rexroth d.o.o. from Škofja Loka that operates within the framework of Bosch Rexroth AG, a wholly owned subsidiary of Stuttgart-based Robert Bosch GmbH. Acclaimed as one of the leading specialists for tailored solutions in drive, control and moving technologies, it set up operations in Slovenia in Železniki under the name Mannesmann Rexroth back in 1998. The Slovenian company generated earnings totalling EUR 40.5 million of which exports accounts for 99.12% of that figure and its 286-strong work force achieved EUR 44,400 in value-added per employee. Based on its financing and profitability ratios, the company’s outlook is stable.
Fraport Slovenija d.o.o. from Zgornji Brnik, a 100% subsidiary of Fraport AG based in Germany that operates some 30 airports around the globe, with its 400-odd employees got the highest accolade as the best employer in 2017. Fraport AG acquired Aerodrom Ljubljana d.d. in March 2015 and took the steps necessary for Slovenia’s most important gateway to turn profit. Since then, Fraport Slovenija has increased value-added per employee to EUR 76,000, posted earnings of EUR 42 million in 2017 and its plans to expand business call for new staff recruitment. The company’s basic ratios indicate stable operations in the forthcoming years.
A special award for a greenfield investment went to the Slovenian subsidiary of cargo-partner, an Austrian info-logistics provider offering a comprehensive portfolio of air, sea, land transport and warehousing solutions present in more than 30 countries around the world – cargo-partner d.o.o., Ljubljana – for the investment in a logistics and distribution centre built in the vicinity of Aerodrom Ljubljana worth EUR 25 million. The new facility will add 30 new jobs to the company’s existing headcount of 90 and EUR 45,500 in value-added per employee and nearly EUR 34 million in revenue generated in 2017 means that the Slovenia company is firmly on track of sustainable growth.
These awards honour all those involved in putting investment to work to the benefit of both owners and consumers, as well as Slovenia’s public agency tasked with investment promotion and facilitation. SPIRIT’s efforts in ensuring that companies investing in Slovenia are well settled and supported are also worth noting as the agency is dedicated to attracting FDI and to aftercare services.