Reasons for Establishing Business Centers in the CEE Region
Dagmar VALEKOVA – Sonia FERENCIKOVA
https://doi.org/10.53465/CEECBE.2025.9788022552257.376-384
Abstract: The article aims to identify the reasons for establishing business centers in the CEE. The main method for processing the empirical part of the article is a multiple case study. The objects of the investigation were four business centers in Slovakia whose main activity is providing financial services. The original reasons for building centers in the region included cheap labor, geographical position, time zone, political situation, and tax system. The result of our research is the expansion of the existing literature with additional factors and the updating of the literature with the current reasons for establishing and preserving business centers in the region. Currently, the centers are motivated to stay in the country mainly by a qualified workforce that can adapt flexibly to changed market conditions. A limitation of the research is the focus of the investigation on one country.
Keywords: Business Centers, Motives for Establishing, Central Europe, Slovakia
JEL Classification codes: M13, M19
Fulltext: PDF
Published by: Vydavateľstvo EKONÓM, Bratislava University of Economics and Business
Year of publication: 2025
Online publication date: 16 May 2025
Copyright: Author/s of the paper
ISBN 978-80-225-5225-7
ISSN 2453-6113
Pages 376 – 384