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Slovenia Business Week no. 27: Minister Promises 15,000 Jobs, 1,200 New Companies by 2013

Minister of the Economy Andrej Vizjak has said that implementing the programme for promoting entrepreneurship and competitiveness for the 2007-2013 period will result in some 15,000 new jobs and 1,200 new companies, as he opened the 39th Celje International Trade Fair in Celje on Wednesday, 06 September

Speaking at the biggest business event in Slovenia, which this year brought over 1,500 exhibitors to Celje, Vizjak added that the number of large companies with an active innovation policy will increase to 75%, medium-sized ones to 60% and small to 40%.  

Slovenia would moreover have to increase its share of exports of high-tech products from the current 5.8% to 15% and have 100 European patents per one million inhabitants, a demanding but necessary goal, Vizjak added.  

He stressed that the state has allocated over EUR 15m this year for co-financing programmes of vocational training of students and trainees as well as earmarked EUR 27m for development and technological investments for small- and medium-sized enterprises (SMEs).    

He also announced that a venture capital fund will be set up under the principle of public-private partnership. The fund will be financed through public means and will invest into SMEs with growth potential.  

The head of the Chamber of Craft Industries Miroslav Klun pointed to the lack of growth in the number of crafts companies and their employees. He added that insolvency remains the Achilles' heel of the Slovenian crafts sector.

Author: STA, Slovenian National Press Agency