AmCham Slovakia

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Continual development of the business environment in Slovakia through Committees and other initiatives.


AmCham Slovakia has a powerful and direct legislative impact in Slovakia, supporting the continuous improvement of business environment in Slovakia for more than 25 years.

Annual Charity Fundraising Drive 2022 – Thank you!

We took the opportunity to organize the Annual Thanksgiving Charity Drive to share with those who need it the most in our community. Thanks to your contributions, we are happy to announce that AmCham Slovakia and its members donate 13,000 € that will be divided between these two organizations:

December 01, 2022

Rule of law: We request MPs' proposals to be withdrawn

Members of Parliament (MPs) have already advanced to the second reading a number of parliamentary proposals.

November 28, 2022

Pillars



AmCham´s mission is to improve the business environment in Slovakia and increase the country´s competitiveness. By combining our members´ focus and expertise with most crucial areas for the country we focus our advocacy efforts on the following four pillars:  

 

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Innovation Capital #InnovativeSlovakia

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Regional Capital #eastinnovation

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Institutional Capital #ruleoflaw

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Capital of Talents #skills4future

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Innovation Capital #InnovativeSlovakia

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News and Updates

Annual Charity Fundraising Drive 2022 – Thank you!

We took the opportunity to organize the Annual Thanksgiving Charity Drive to share with those who need it the most in our community. Thanks to your contributions, we are happy to announce that AmCham Slovakia and its members donate 13,000 € that will be divided between these two organizations:

White & Case legacy team joins Hillbridges

Less than a year after White & Case pull-out from the Slovak market, the ex-White & Case partner Zoran Draškovič and counsel Peter Hodál join Hillbridges as partners and bring to the table a strong team of five lawyers, including managing associates Barbora Malík and Lukáš Královič and associate Alex Medek.

Rule of law: We request MPs' proposals to be withdrawn

Members of Parliament (MPs) have already advanced to the second reading a number of parliamentary proposals.

KPMG Slovakia appointed new partners

The KPMG Slovakia Partner Board has been expanded to four new Associate Partners as of October 1, 2022, to strengthen the firm's strategic development and client relationships.

November 15, 2022

Legislative & Policy Update - November

Format: pdf, size: 0.58 MB

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Rule of law: Slovakia has fallen 2 places in the Global Rule of Law Index 2022

According to the international World Justice Project, Slovakia's performance in the Rule of Law Index 2022, presented on October 26, has deteriorated compared to the previous year. It ranked 35th globally and 25th out of 31 countries in its region. By comparison, we lag behind the Czech Republic in the Index by 15 places. 

Annual Charity Fundraising Drive 2022 – Thank you!

We took the opportunity to organize the Annual Thanksgiving Charity Drive to share with those who need it the most in our community. Thanks to your contributions, we are happy to announce that AmCham Slovakia and its members donate 13,000 € that will be divided between these two organizations:

Rule of law: We request MPs' proposals to be withdrawn

Members of Parliament (MPs) have already advanced to the second reading a number of parliamentary proposals.

Rule of law: Slovakia has fallen 2 places in the Global Rule of Law Index 2022

According to the international World Justice Project, Slovakia's performance in the Rule of Law Index 2022, presented on October 26, has deteriorated compared to the previous year. It ranked 35th globally and 25th out of 31 countries in its region. By comparison, we lag behind the Czech Republic in the Index by 15 places. 

Education: Wrapping up our career development program in Košice for women from Ukraine

We successfully wrapped up our "Open labor market for Ukrainian women" series of workshops in Košice on 9 November. The participants received a professional training session on interview communication, practiced their interview skills, designed their own set of questions to be discussed with potential employers and put together their professional CV.

AmCham Entrepreneurial Mindset development program in Banská Bystrica wrapped up on 4 November

Entrepreneurial Mindset program is a soft skills and development program for 13 selected directors of high schools in Banská Bystrica region. Its main goal was to develop their “skillset of the 21st century” and provide a continuous support on their transformative journey in accommodating a student-centric and employer-centric concept of public education services.

Rule of Law: We are on the selection committee for the election of the new head of the Antimonopoly Office

We have some good news! The Rule of Law Initiative is on the selection committee for the election of the chairman of the Antimonopoly Office of the Slovak Republic. Peter Šťastný from Allen & Overy Bratislava will represent the initiative.

White & Case legacy team joins Hillbridges

Less than a year after White & Case pull-out from the Slovak market, the ex-White & Case partner Zoran Draškovič and counsel Peter Hodál join Hillbridges as partners and bring to the table a strong team of five lawyers, including managing associates Barbora Malík and Lukáš Královič and associate Alex Medek.

KPMG Slovakia appointed new partners

The KPMG Slovakia Partner Board has been expanded to four new Associate Partners as of October 1, 2022, to strengthen the firm's strategic development and client relationships.

CMS Expert Guide to employment termination law and legislation

The CMS Expert Guide to Dismissals has been created to assist an employer in anticipating all the possible courses of events when the decision has been made to terminate an employee (i.e. end an employment contract) or dismiss a managing director.

Companies that are loss-making should expect a tax audit in the near future. The tax administration is mainly examining transfer

For the past few weeks, the Financial Administration has started intensive audits across Slovakia of all manufacturing companies that report long-term losses. This move is related to the upcoming change in transfer pricing rules, but also reflects the governments desire to raise additional tax resources. Silvia Hallová, partner at Grant Thornton, advises on what companies should prepare for and what steps to take to defend their financial statements. 

Dentons announces an historic combination with Link Legal in India

Dentons, the world's largest global law firm, has announced a combination with leading Indian law firm, Link Legal. Dentons would become the first global law firm to combine with a law firm in India giving the combined firm first-mover advantage and a competitive edge in international panel competitions. This is not a joint venture, not a best-friends relationship or a liaison license, nor a merger or an acquisition, but a combination like Dentons has done around the world, building one, integrated global firm.

Major investment in Eastern Slovakia by Carmeuse, a lime producer with Belgian origins

Carmeuse Slovakia, s.r.o., opens three new lime kilns at its lime plant in Košice. These new kilns (Parallel Flow Regenerative kilns) are the most important investment Carmeuse has ever made in Europe.

November 15, 2022

Legislative & Policy Update - November

Format: pdf, size: 0.58 MB

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September 19, 2022

Legislative & Policy Update - September

Format: pdf, size: 0.37 MB

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August 18, 2022

Legislative & Policy Update - July/August 2022

Format: pdf, size: 0.37 MB

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June 15, 2022

Legislative & Policy Update - June 2022

Format: pdf, size: 0.31 MB

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May 17, 2022

Legislative & Policy Update - May 2022

Format: pdf, size: 0.34 MB

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April 20, 2022

Legislative & Policy Update - April 2022

Format: pdf, size: 0.77 MB

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Policy process

Work in Committees and Task Forces
Voluntary participation, no entitlement for compensation.Voluntary participation, no entitlement for compensation.
 
Chairperson – elected by members of the Committee, approved by the Board
Vice Chair – assists with coordination, in the absence of the Chair takes over the leadership

  • Meetings – should be on a regular basis, preferably once a month
  • Agenda – prepared by C. Coordinator 5 working days in advance
  • Minutes – Actions and Decisions – sent to C. members within 7 working days after the meeting
Preparation of Advocacy Plans and Lobbying Strategies
Every advocacy/lobbying initiative should be accompanied by an Advocacy Plan, available at the members only website area, containing:

  • Lobbying Tool – Position Papers, Policy Briefs, Press Releases
  • Target Audience – Government, Parliament, Stakeholders
  • Timeframe – adapted to the AmCham rules and procedures, legislative process or other processes of concern
  • Possible Coalitions – Foreign Chambers of Commerce in SR, business alliances, organizations or federations
  • Leadership and Issue – Ownership - Chairs, Vice-Chairs, Spokespersons
Approval of Position Papers and Position Letters
Standard approval procedure

  • First stage - pre-draft of a Position Statement, written by a member or committee coordinator is circulated among AmCham members that have expressed interest in the given topic. Comments to be submitted within 5 working days.
  • Second stage -  members’ suggestions incorporated and an appropriate wording of the position formulated. The second stage shall not exceed 3 working days.
  • Third (final) stage - final draft circulated among members and AmCham Board Members for their review. Conflicting requirements to be resolved by the coordinator. The final stage must not last more than 5 working days. Not responding within this timeframe is considered as an approval.
Fast-track procedure

In case an urgent Position of AmCham needs to be released – two working days. The fast-track procedure has been amended on the Board Meeting in Oct. 2007.

  • First phase (24 hours –  one working day): AmCham consults the proposed Statement (and enclosed Advocacy Plan / Lobbying Strategy if applicable) with Members of the Board Policy / Advocacy Standing Committee; potential comments and subsequent approval of at least three Members of the Policy Standing Committee and at least one Member of the AmCham Executive Committee are needed within a 24-hour period.  In addition, an Executive Sponsor from within the Board must be identified for each initiative.
  • Second phase (48 hours – two working days): AmCham sends the draft of the Position Statement in the version approved by the Policy Standing Committee to the full Board. This stage should not last more than two working days. Not responding within this timeframe is considered as approval. Unless a member involved in the process is not happy with the final version, the position paper can be released.

Election Process

A Committee coordinator (member of AmCham policy team) is responsible for conducting a transparent and smooth process of nominations, digital voting via email/Google sheets and announcement of the results.

 

Committee Election Process:

  1. A leadership of each committee will be voted by members of a respective committee after two calendar years.
  2. Only committee members are allowed to run for the elections and have a right to vote.
  3. Each company would have 1 vote (filling out 1 election ballot giving their preferential vote to 1 chair and 1 vice-chair).
  4. Chairs and vicechairs are allowed to run for reelection without any limit on the number of terms.
  5. The Board reserves the right to dismiss a chair and/or vicechair of a committee in case of serious breach of ethical principles and/or lack of professional competency and/ or capacity to lead the committee.

Testimonials

The Business Academic Committee is one of the most active groups at Amcham and our members have contributed many ideas that have turned into actions and concrete results with a very high success rate. We have a constant dialogue with the Ministry of Education and influence decisions that have an effect on all Amcham members. We provide forums where the best and brightest students from our Universities can find their match in the Business world. We bring Deans and Professors in the same room with CEOs to exchange ideas and foster communication. We have success stories that speak for themselves: students turned into interns, interns turned into new hires and on their path to be our future leaders.

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Martin Kardoš, CSI Leasing