Bratislava’s strategic location at the junction of the Czech Republic, Austria and Hungary has been a key factor in making the Bratislava region the most prosperous in Slovakia, facilitating economic and cultural cooperation, an educated and skilled labour market, the easy circulation of goods and capital, and tourism.
The region now generates about a quarter of the country’s GDP, has absorbed about 65 percent of its foreign investment, and enjoys virtually full employment. All industrial sectors are well represented in the Bratislava region, and are highly centralised in the capital. However, Bratislava is also the administrative and financial hub of the country. All major banks and all major insurance houses have their headquarters in the Slovak capital, and the finance and insurance sector accounts for about a quarter of the region’s GDP, well above the Slovak average. Main production branches of the region are the chemical, automotive, engineering, electro-tech and food industry. Still, the Bratislava region is the first region of Slovakia where trade and services are gaining dominance over industrial production. Bratislava is Slovakia’s technological and scientific-educational centre. It has the highest percentage of university-educated citizens in the country, and over 40 percent of Slovak university students study in Bratislava. Several international IT firms, including Dell, IBM, Lenovo, AT&T, Accenture and SAP have set up outsourcing centres in the capital.
There is no doubt that in contrary to the other Slovakia regions, is Bratislava on the top regarding to labour market and employment. All of the major companies are situated in capital of Slovakia and that is why there is a big gap between Bratislava region and for instance Orava region.