Accession of Slovakia into the structures and wider competitive environment of the European Union makes it necessary for all market participants to give urgent attention to adapting to changing conditions. Only businesses that are well prepared and able to compete with companies already established in the advanced markets of Europe can be successful. Crucial to success for individual businesses will be a full understanding of the market and systematic preparation of a development strategy. The strategy should include alternatives for potential future development, so that the business is able to:
- React flexibly to changes in the market environment.
- Identify and exploit all potential opportunities, having objectively evaluated risks.
- Constantly strengthen its competitive market position.
- Increase financial performance and net worth.
- Optimise internal processes and systems.
The financing of development plans is also an important issue. There are a number of potential funding sources – such as grants within the individual programmes and funds of the European Union, Financial Mechanism, as well as the credit facilities of commercial banks, international institutions and investors.
To assist companies in their preparations, FINSTRACO, offers products and counselling services in the following areas:
COUNSELLING relating to the use of bank products and services and cooperation with rating agencies
TRAINING, SEMINARS AND COURSES in strategic management, marketing, development of business plans and projects.