Slovenia is a small country. Its capital is Ljubljana. Strategically, Slovenia is present at the heart of Central Europe. Its neighboring countries are Austria, Hungary, Croatia, and Italy. The country has a population of over 2.081 million people. Immigration from abroad and internal migration is also growing in Slovenia with time. 80 percent of the population in Slovene is from the ethnic group and the remaining population consists of Serbs, Croats, Bosnians and various others.
It is also a member of the European Union and has adopted the Euro as its official currency. Like many other European countries, Slovenia follows Central European Time CET in winter and Central European Summer Time CEST which starts from the last Sunday in March to the last Sunday in October. There is a lot more to learn about this beautiful small country.
If you want to start your business in Slovenia then you need to know the people and culture of this land of opportunities. Moreover, you will need professional Slovenian translation services and that’s where Mars Translation can help you out!
Here is a quick overview of the business culture in Slovenia. Take a look to have a better idea for making your business venture successful.Â
People of Slovenia
People of Slovenia are very professional which means they are honest, strong-minded and always communicate to the point. They expect the same attitude from their business partners. They give great preference to education and many of them hold master's degrees from renowned universities of the world. If you want to do a partnership with them, you need to persuade them about your business proposal with a professional approach.
Xenophobia: As a Foreigner in Slovenia
To know the business attitude of Slovenia people, it is important to know the organizational structure of the company with which you want to work. Chain of command in Slovenia is from top to bottom and decisions are made by the top management. The topmost organizations are under the influence of the government and if the government does not like any decision, they can veto it.
Veto decision by the government slows down the negotiation process. Slovenian point of view regarding business is like Germans and Austrians. After having the experience of a market economy, Slovenians are much aware of global business cultures and attitudes. They respect foreigners based on their competencies instead of their foreign business success record.
Punctuality
Slovenians are very punctual and they arrive at their meetings on time. Coming late in meetings is considered very rude, shows disrespect and they think of such people that they are not taking business seriously. If you are late in the meeting due to any reason then you need to make an apology call to tell your reason for delay.
Global Business in Slovenia
Slovenians show their keen interest in connecting with the global world and joining global ventures. They give importance to the products and their superior quality of services. Almost all the Slovenian companies have a quality assurance department and they show great interest in target markets about technology or quality. They adopt best practices from foreigners with prior experience and try to export their products and services.
Pollution-free Environment
The Slovenian wants their country to be pollution-free. For this purpose, the Slovenian environment agency which is the department of the environmental and longitudinal planning is working for a pollution-free environment and taking required measures. They imposed fines and penalties on those companies which are polluting the air.
They are adopting innovative strategies and environment-friendly processes. The Slovenian government has taken great initiatives and invested a large amount of money in recycling the waste. They have established recycling points in every corner of the street to collect metal, glass, and plastic. Moreover, the government has also invested in the infrastructure of the country.
Because of the high literacy rate and legal laws, Slovenians are becoming more aware of pollution-free environments so if you want to do business in Slovenia, you should abide by all legislative laws regarding a clean environment.
Exchange of Gifts
In Slovenia, you are suggested to exchange gifts at your first meeting. You can give gifts as Souvenirs, it leaves a pleasant impression. Gifts are usually presented at the end of the meeting. It is recommended not to present expensive gifts because your host would become cautious. Furthermore, they might consider an expensive gift as bribery or corruption.
Dress Code in Business
The way of your dressing holds great importance in the Slovenian community because the first impression which they get from you is from your appearance. Slovenian people opt to wear designer clothes and jewelry because it shows their social standing, personal success, and prosperity.
The designer cloth of Slovenian shows their unique style and good taste. While attending a business meeting you should avoid bright colors rather It’s better to go for traditional business attire. For men, it is better to wear dark-colored suit trousers and jackets.
Women should also dress up decently. Different companies have different dress codes. Big companies prefer a more formal style and small companies prefer the casual business style.
Corruption and Bribery
Corruption and bribery are present in both private and public institutions in Slovenia. Many foreign and local businessmen need to give bribery to get business contracts or to handle bureaucratic red tape. According to Transparency International Corruption Perceptions Index, Slovenia is on number 37th in the levels of corruption among 176 countries.
Bottom Line
Do you want to pursue your business venture in Slovenia? Besides understanding the culture of Slovenia, language also plays an important part in doing business in any foreign country. Mars Translation provides you with Professional Slovenian Translation Services according to your global business requirements. Are you ready for that?
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