InterReCo2016 Business Forum opens in Košice

A two-day business forum aimed at helping to establish new economic relations between Germany and eastern Slovakia was opened in Kosice on Wednesday. The event is being attended by around 120 entities from Slovakia, Germany and other countries, featuring companies from the IT, engineering and metallurgy sectors, among others. "This conference has the goal of establishing new relations, presenting the region of eastern Slovakia and its opportunities, and providing scope for business entities and new investors," stated Eastern Slovak Investment Agency (VIA) CEO Peter Cacara, noting also that Germany is the most important business partner for Slovakia. German Ambassador to Slovakia Thomas Goetz, who was also present at the forum, praised the current level of economic cooperation between the two countries. According to him the high potential of the local skilled labour force has begun to exhaust itself in recent years, which is why measures aimed at tackling this problem, like dual education are necessary. Goetz also pointed to the weakest point of the region: its insufficient transport infrastructure.