On Wednesday, March 23, the Slovenian Business Summit was held, where Mr. Bahaa Abdullah, CFO and Executive Director of Iskraemeco, participated with his vision for Slovenia’s future breakthrough.
Bahaa Abdullah, Executive Board member of Iskraemeco, shared his vision for Slovenia’s future breakthrough and prosperity at the Slovenian Business Summit hosted by the Chamber of Commerce. He sees significant economic development in Slovenia since 2008 as the country moves in the right direction in the areas of green economy and digitalization, but also sees many opportunities for improvement. Foreign investment, in his belief, should be seen as positive and beneficial, as such strategic partnerships advance the company’s know-how, infrastructure and technology, while benefiting local communities and boosting the country’s economy.
In his speech, he also highlighted the importance of startups, which often have amazing ideas. They need not only funds, but also governance and marketing experiences and are looking for support to expand to global markets. To prevent the brain drain, he advocates for greater wage relief and the implementation of a development cap on contributions, as well as streamlining and de-bureaucratizing all processes.
“Foreign investment should be seen positively and advantageously, since such strategic partnerships advance the company’s know-how, infrastructure, and technology transfer.”
Bahaa Abdulah, Executive Board member of Iskraemeco