Abstract
The aim of this paper was to analyze certain parameters of investment measurement and management of companies in Slovakia, especially in wood processing industry compared with other industrial sectors. Statistical analysis was made of relationships between investment trends and performance given by the indicator Return on Equity. The goal was to identify differences in investment management of analyzed industries and consequently defi ne relevant determinants as critical areas with the impact on performance of wood processing companies. In the results of research, special interest is focused on crucial investments with the emphasis on the preparation of investment projects.
Highlights
If demand is not stimulated in the short term, the performance of wood processing industry (WPI) as a whole will clearly decrease, which will adversely affect the WPI share in the GDP of Slovakia in future, as well as balanced regional development, with negative impact on social stability of individual regions in Slovakia (Merková and Drábek, 2011)
In case of foreign capital invested in new technologies for processing of domestic raw materials, potential effects from foreign direct investment would especially result in a higher value added in the WPI, and in the growth of the WPI share in the GDP of Slovakia
Development investments were divided into 5 categories. It can be seen from the descriptive statistical results (Figure 1) that most enterprises in both presented samples implement development investment in the share of 25 % of the total investment in company (60 % of respondents in all enterprises and 62 % of WPI businesses)
Summary
Due to the significant factors in the context of global economic crisis, the wood processing industry (WPI) has to face the fall in demand for timber and timber products in Slovakia. If demand is not stimulated in the short term, the performance of WPI as a whole will clearly decrease, which will adversely affect the WPI share in the GDP of Slovakia in future The increase of harvest increases the economic potential of Slovak forests (Moravčík, 2007, SARIO). In case of foreign capital invested in new technologies for processing of domestic raw materials, potential effects from foreign direct investment would especially result in a higher value added in the WPI, and in the growth of the WPI share in the GDP of Slovakia
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