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“Slovenia” College Code : 706 CK A Global Country Study Report On “Slovenia” College Code : 706 C. K. Pithawalla Institute of Management Master of Business Administration Guide Name E mail Address Designation of Guide Dr.Snehal Mistry [email protected] I/C Director / Professor Mr. Amit Pathak [email protected] Assistant Professor Mr. Vikas Pandya [email protected] Assistant Professor Mr.Prakash Tank [email protected] Assistant Professor Mr. Vinod Varghese [email protected] Assistant Professor Submitted to Gujarat Technological University MBA Year: 2012-13 Institute’s/Guide’s Certificate Here we certified that this Global Country Study and Report titled “Global Country Study Report on “Slovenia” is bonafide work of attached student list with enrollment numbers, who have carried out their research under our supervision. We also certify further, that to the best of my knowledge the work reported herein does not form part of any other project report or dissertation on the basis of which a degree or award was conferred on earlier occasion on this or any other candidate. Guide Name Designation of Guide Signature Dr.Snehal Mistry I/C Director / Professor Mr. Amit Pathak Assistant Professor Mr. Vikas Pandya Assistant Professor Mr.Prakash Tank Assistant Professor Mr. Vinod Varghese Assistant Professor _________________ Dr. Snehal Mistry I/c Director Student with enrollment number Aspect/Sector Aspect/Sector Enrollment Student Name in part-I in part-II No. (Sem III) (Sem IV) 117060592001 Mukatiwala Hardik Viren 117060592002 Shaikh Mo Azaz Mo Hanif 117060592004 Mendapara Kapilkumar Gautambhai Political Coffee (beverages Environment industry) 117060592005 Vekariya Ankitaben Girdharbhai 117060592006 Senjaliya Bhavdip Harshadbhai 117060592007 Diyora Chirag Maheshbhai 117060592008 Sonar Vivek Panditbhai 117060592009 Hariyani Manishkumar Vinodrai 117060592010 Seliya Amit Rameshbhai Pharmaceutical Legal industry 117060592011 Ravani Geetaben Vinubhai Environment 117060592012 Dobariya Piyushkumar Ukabhai 117060592013 Veragiwala Disha Rajen 117060592014 Vyas Pradipkumar Manharlal 117060592015 Ghuntla Nirajkumar Bharatbhai 117060592016 Vasani Ankit Kunvarjibhai Legal Foot wear industry 117060592017 Patel Rahulkumar Jayeshbhai Environment 117060592019 Beladiya Sanjay Pragjibhai 117060592020 Zalavadiya Ruchika Arvindbhai 117060592021 Bhalala Maulikkumar Lalajibhai 117060592022 Patel Arpit Mohanbhai 117060592023 Trivedi Yesha Jaysukh Demographic Environment 117060592024 Aghera Vivek Parsottambhai Tourism industry 117060592025 Sindha Firozabanu Hanifbhai 117060592026 Purohit Vatsal Suryakant 117060592027 Thumar Anand Khodabhai 117060592028 Nishukumar Manharlal Patel 117060592029 Maniya Kishankumar Vinodbhai Economic Automobile 117060592030 Sanghavi Smit Ashvinbhai industry Environment 117060592031 Patel Nitalben Pravinbhai 117060592032 Lathiya Mayurkumar Ukabhai 117060592033 Savliya Piyush Bhikhalal 117060592034 Gohil Dhruvrajsinh Mahendrasinh 117060592035 Chauhan Vijaykumar Rameshbhai Ecological Environment Hotel industry 117060592036 Patel Rinkey Shivshankar Pungalia Kumari Shweta 117060592037 Rameshchandra 117060592038 Bhatt Priyanka Ashvinkumar 117060592041 Jayani Milanbhai Arvindbhai 117060592042 Patel Mansi Manojkumar 117060592043 Patel Yoginkumar Rajnikant Technological Transportation Environment 117060592044 Mehta Roshni Paresh industry 117060592045 Bodarya Hiralben Rajeshbhai 117060592046 Chevli Siddharth Rajeshkumar 117060592047 Dhamat Milan Himmatbhai 117060592048 Kakani Bhumikaben Nagjibhai 117060592049 Savani Komal Mavjibhai Scio cultural Agriculture Environment 117060592050 Bheda Foziyakhatoon Mustaq industry 117060592053 Yadav Mamta Subhashchand 117060592055 Vadadoriya Kundan Rameshbhai 117060592056 Tabassum Rizwana Nazrul 117060592057 Sagar Dharmisthaben Maganbhai 117060592058 Ahir Chintankumar Rajubhai Social Wood industry Environment 117060592059 Kanani Dharaben Rameshbhai 117060592060 Goyani Minaxiben Gordhanbhai Executive Summery Findings from the GCSR report-Why we choose Slovenia to do business with them? Slovenia is a strategic location for business opportunities in Western Balkans and its traditional trade with Europe is expanded by trading links with other continents. The country’s central position is highly important to investors wishing to locate close to customers concentrated in Europe. Advanced transport and communications networks provide Slovenia-based companies with an edge in serving the markets quickly and effectively. Slovenia is confident of its international competitiveness despite the economic slowdown after a sustained period of steady economic growth, attributable largely to a highly educated and competitive workforce. Its people have always demonstrated innovative approach to problems and the ability to think outside the box. Slovenia’s culture of innovation coupled with the readiness to embrace new ideas, has earned it a reputation as a productive, dynamic and forward-thinking investment destination. Slovenia is well placed to capitalize on growth in the countries in its vicinity and their membership of the EU in the near future. It already has traditionally strong trade links with them meaning that Slovenia’s geographic location now represents a significant asset. Slovenia has one of the most transparent and efficient regulatory environments in the world. Through proactive reforms, the Slovenian Government has shown a strong commitment to providing businesses with the right conditions for growth and investment. The laws effective in 2013 put in place structural reforms designed to result in strong productivity and enabling businesses to be more responsive to economic conditions. Government efforts for the development of a better tax system, labour market flexibility, industry deregulation, elimination of the last administrative barriers and the new pension system clearly demonstrate that Slovenia is investor-ready. How Slovenia beneficial to Gujarat (India) for their business relationship: During the high-powered visit of prime minister of Slovenia is seeking to double the volume of trade with India. Since 2009, there has been a sharp rise in bilateral trade, with a rise of 50 per cent in each direction. In 2010 the countries did two-way trade worth $302 million. Slovenia is also hoping that the upcoming Free Trade Agreement (FTA) between India and the EU will provide the necessary fillip. Such agreement helpful to Gujarat by exporting home made goods of Gujarat to the Slovenia and no difficulty arise during trade between Gujarat and Slovenia. “We support the FTA and feel it will be beneficial for us,” said Mr. Pahor (Prime Minister of Slovenia) to a group of Indian journalists invited to Slovenia ahead of his visit here. To deepen the economic engagement the two countries have worked out a double taxation avoidance agreement. So Gujarat has free from double taxation for buying and selling goods with Slovenia. There is also potential for an understanding between Gujarat (India) logistics companies and ports and Slovenia's Luka Koper (Port of Koper) to increase usage of its cargo-related facilities. Luka Koper boasts of its geo-strategic location at the head of the Adriatic Sea, and as the northern most reach of the Mediterranean. From the Ecological Point of view we had seen that hear if any india company want to do the business like any company of agriculture, pharmaceutical etc. Because of the environment of slovnia is good for that so that their business is possible. There are many opportunities available for India in many industries to do business with them, which is discussed in detail in respective part of that industry analysis. Index Sr No Topic Page No. Part-I 1 Introduction to Slovenia 01 2 Political Environment of Slovenia 04 3 Economic Environment of Slovenia 12 4 Social Environment of Slovenia 17 5 Technological Environment of Slovenia 29 6 Ecological Environment of Slovenia 44 7 Legal Environment of Slovenia 63 Part-II 8 Industry analysis of Slovenia 83 9 Beverages industry 84 10 Pharmaceutical industry 95 11 Foot wear industry 109 12 Tourism industry 122 13 Automobile industry 132 14 Hotel industry 142 15 Transportation industry 151 16 Agriculture industry 167 17 Wood industry 189 18 Bibliography 210 Ch.1 Introduction to Slovenia. 1.1 Slovenia in brief: Since gaining its independence in 1991 Slovenia has been regarded as one of the most successful countries in transition, enjoying the highest GDP per capita in the region along with high and steady annual GDP growth. A member of the European Union since 2004, Slovenia is today a stable, vibrant democracy that offers a stimulating and low-risk business environment and represents a bridge between Balkan, Central European and Western European countries, all of which it is connected to by historical and cultural ties. Half the size of Switzerland and with two million inhabitants, Slovenia is situated at the crossroads of Central Europe, between the Alps and the Adriatic Sea, bordering Austria, Italy, Hungary and Croatia. The majority, almost 85%, of the country’s population is Slovenian; two minorities, Hungarians and Italians, have the status of indigenous minorities under the Slovenian Constitution. Slovenians are predominantly Roman Catholic, although the country also has a small number of Protestants, Orthodox Christians, Muslims and Jews. Slovenian is a Slavic language, similar to Croatian, Serbian, Slovak and Czech. Slovenia’s roots of democracy extend deep into history when Slovenians practiced the unique custom of electing
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