25 November 2020
  • 10:36 Teleworking is an opportunity for Slovenia’s companies in foreign markets
  • 10:14 Hot topics: Montenegro’s economy hit hardest by the health crisis; Serbia to get new government
  • 10:50 Great minds of Western Balkans
  • 13:24 NLB is the First Bank in Slovenia to Sign the Global UN Principles for Responsible Banking
  • 10:53 EBRD’s chief economist to speak at the export conference in Ljubljana

Business conference titled The Economies of Central and Eastern Europe: Spaces of Overlooked Opportunities in the New Era, was organised in Ljubljana on October 7 by Delo media house and ISR as the knowledge partner, focusing on opportunities for Slovenian companies in the region at a time when the world is dealing with the consequences of the covid-19 pandemic.

Author:  Špela Bizjak
Photos: Leon Vidic, Delo

Participants and speakers of the event agreed that digitalisation is one of the winners of the covid-19  crisis. Companies will have to take advantage of the opportunities it offers in the process while adapting to new conditions. Slovenia’s role in Central and Eastern Europe is strategic but challenging as the country no longer has the influence it once had. At the same time, Slovenia has the opportunity to position itself  as a key player that can attract new foreign direct investments to the area. Slovenia is a recognizable brand in the region, especially in the Western Balkans, which is also a potential that can be further exploited.

The opportunity for Slovenian exporters is also to perform service activities at a distance, noted the keynote speaker dr. Beata Javorcik, Chief Economist of the European Bank for Reconstruction and Development

dr. Anže Logar

In the opening remarks of the conference, organized by the media publisher Delo and the Chamber of Commerce of Slovenia with the participation of the program partner Institute for Strategic Solutions, the Minister of Foreign Affairs dr. Anže Logar emphasized the economic diplomacy has been a contributing factor in strengthening Slovenian exports for years. He described exporters as Slovenia’s strategic interest.

He emphasised the economic opportunity for the export economy presented by the Three Seas Initiative, of which Slovenia is a part. Countries represent 22% of the EU population and contribute only 10% of GDP. The countries that will build transport and digital infrastructure in this decade will be the winners of the next decade, Logar is convinced, highlighting the role and importance of exporters for the standard in the country: “Who else but you – exporters – know that with your courage, flexibility and hard work, you can succeed. I want the economic diplomacy to work together with businesses for the common good and our well-being.”

"We know that exports are not Achilles' heel of Slovenia. Exports are the foundation of Slovenian prosperity, thanks to Slovenian entrepreneurs and workers. It must be proven abroad."

- Minister of Foreign Affairs dr. Anže Logar

dr. Beata Javorcik

“Exporting services offers an opportunity for teleworkers. At the same time, this is an opportunity for countries like Slovenia to further strengthen the export of services. "

- Dr. Beata Javorcik, Chief Economist of the EBRD

Transforming supply chains after a pandemic is one of the big changes taking place, according to the keynote speaker Dr. Beata Javorcik, Chief Economist of the European Bank for Reconstruction and Development (EBRD). Covid-19 highlighted excessive supplier concentration and the vulnerability of global supply chains in the event of disruptions. We are also witnessing the uncertainty of trade policies. In the current situation, international corporations are exposed to significantly less risk than local companies, as they have more opportunities to generate sales. As an opportunity for Slovenia, dr. Beata Javorcik sees teleworking, which, it is now clear, will remain with us even after the pandemic as an established form of work. 

Adriatic Journal

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