Suchergebnisse

V zadnjih desetletjih je opaziti močan porast neposrednih investicij v mednarodnem okolju. Zaradi ugotovljenih številnih pozitivnih učinkov, ki jih imajo na državo prejemnico, je v razvitih državah in državah v razvoju posledično prišlo do liberalizacije politike do TNI in zmanjševanja regulativnih ovir na številnih področjih, predvsem z namenom oblikovanja prijaznega poslovnega okolja za tuje investitorje in željo privabiti čim več investicij v državo. Zelo dober primer so države Srednje in Vzhodne Evrope, v katerih je prav na ta račun v zadnjem desetletju prišlo do močnega porasta TNI. To lahko opazimo še posebej na Češkem, Poljskem in Madžarskem. Slovenija pa je kljub svoji razvitosti po drugi strani država, kjer so prilivi vhodnih TNI še vedno zelo skromni. Cilj magistrske naloge je bil ugotoviti, katere so tiste pomanjkljivosti in prednosti slovenskega okolja v primerjavi s konkurenčnimi državami SVE regije, ki odvračajo tuje investitorje od Slovenije. Zanimalo nas je tudi, kako s politiko do TNI, ki jo izvaja država za privabljanje tujih investitorjev ugotovljene pomanjkljivosti popraviti. Politika do TNI, oziroma konkretneje, spodbude, ki jih vlada pripravlja za privabljanje TNI, so šele sekundarnega pomena pri odločanju investitorjev za določeno državo. Te pridejo do izraza, ko se investitorji odločajo med makroekonomsko podobnimi državami, ki že zadostijo njihovim primarnim tržnim potrebam. Kljub temu pa so z vidika države spodbude tisti instrument, s katerim je mogoče relativno hitro in enostavno povečati konkurenčnost poslovnega okolja ali privabiti investitorje v določene panoge. Zato predstavlja pomembno orodje pri izboljševanju elementov investicijske klime. Ugotovili smo, da v Sloveniji kljub majhnemu trgu največje pomanjkljivosti niso v tržnih dejavnikih (kot so dostop do trga ali naravnih virov), temveč v dejavnikih investicijske klime, predvsem ekonomsko-regulatornega okolja države ter podpore podjetništvu. Analizirane države se soočajo z nekaterimi zelo podobnimi ovirami, kot so administrativne ovire za tuje investitorje, nezaupanjem v vlado ter rigidnostjo trga delovne sile. V Sloveniji močno izstopajo še slabo makroekonomsko okolje, visoko obdavčenje delovne sile ter težavno pridobivanje dodatnih virov financiranja. Vendar ima Slovenija na drugi strani zelo kvalitetno delovno silo, inovativno moč, dobro kvaliteto življenja ter dokaj enostavno poslovanje v primerjavi z izbranimi državami, kar povečuje njeno konkurenčnost. Državne spodbude v Sloveniji so naravnane v smeri odpravljanja ugotovljenih tržnih pomanjkljivosti, vendar so te zastavljene preveč široko in so posledično neprilagodljive dejanskim potrebam investitorjev. Z njihovo primerjavo smo ugotovili, da bi jih bilo smiselno prestrukturirati v smeri individualnih paketov spodbud, večjega deleža povratnih sredstev ter jih ciljno usmeriti na nekaj ključnih področij. Zavedati se moramo, da državne spodbude same po sebi ne bodo naredile bistvene spremembe. Lahko pa s ciljno usmerjenim pristopom države in skupaj s preoblikovanjem ostalih elementov poslovnega okolja izboljšajo konkurenčnost in vplivajo na to, da Slovenija postane privlačnejša država za mednarodne investicijske projekte. ; Over the last decades there has been a sharp increase of the direct investments in international environment. In the developed and developing countries the process of liberalisation of policy towards FDI and the reduction of regulatory obstacles have been made in many areas due to numerous established positive effects which have impacted the recipient country. In particular, the aim is to create a friendly business environment for foreign investors and a desire to attract the largest possible number of investments to the country. A very good example of this practice are countries of the Central and Eastern Europe in which there has been an increase of FDI in the last decade. That was observed particularly in the Czech Republic, Poland and Hungary. On the other hand, despite its development, Slovenia is the country where the inflows of the inward FDI are still very modest. The purpose of the thesis was to determine which are these weaknesses and strengths of the Slovene environment in comparison with competitive countries of the CEE region, which discourage foreign investors from Slovenia. We were interested in knowing if these weaknesses can be improved with Slovenian policy toward FDI. The policy towards FDI or more specifically the incentives established by the Government to attract FDI are only of secondary importance in choosing investors for a particular country. These incentives become important when the investors decide between similar macroeconomic countries that already meet their primary market needs. Nevertheless, from the point of view of the state, the incentives are the instrument that can relatively quickly and easy increase the competitiveness of the business environment or attract investors to certain sectors. Therefore, it represents an important tool in improving elements of the investment's climate. We have noted that the biggest shortcomings in Slovenia are present in the factors of investment's climate and not in the market factors. Analysed countries are facing some similar obstacles, such as administrative obstacles for foreign investors, non-confidence to the government and rigidity of the labour market. In Slovenia there is a strong stand out of poor macroeconomic environment, higher taxation of labour and additional funding sources which are difficult to obtain. However, Slovenia has, on the other hand, a high quality workforce, innovative strength, good quality of life and fairly simple business in comparison with other countries of matter, which increases its competitiveness. In Slovenia, state incentives go in the direction of eliminating the identified deficiencies in the market. But the setting of these is too wide and consequently inflexible of real needs of investors. By comparing these, we reached findings that it would be reasonable to restructure it in the direction of the individual packages of incentives, with greater proportion of return funds and target them to focus on a few key areas. We need to be aware that state incentives by itself won't make any significant changes. But with more targeted approach of the state and together with the transformation of other elements of the business environment, we can improve the competitiveness and influence on Slovenia becoming more attractive country for international investment projects.

Izgorevanje fosilnih energentov negativno vpliva na naš planet in v veliki meri pripomore k negativnim spremembam našega okolja. Z namenom preprečitve teh sprememb se od devetdesetih let prejšnjega stoletja v svetu, tudi v političnem opredeljevanju, vse bolj krepi zavedanje, da je treba ukrepati in s tem namenom svetovne politike vse več pozornosti posvečajo uvajanju programov, s katerimi bi te spremembe preprečili oziroma jih vsaj omilili. Evropska unija ima pri aktivnostih varovanja okolja vodilno vlogo v svetu. Predvsem pa znotraj unije skrbi za uresničevanje zastavljenih ciljev varstva okolja in državam članicam nalaga obveze za izpolnjevanje skupnih ciljev in dopušča ukrepe, ki naj bi zagotovili izpolnitev zadanih ciljev. S tem namenom dopušča tudi izjeme od načelne prepovedi dodeljevanja državnih pomoči. Le te so dopustne le, če so skladne s pravili, ki opredeljujejo njihovo dodelitev, katera so v izključni pristojnosti Evropske komisije, in uresničujejo cilje skupnega interesa, kar skrb za varstvo okolja zagotovo je. Tako je, dodeljena skladno z enimi od takšnih pravil, to je s smernicami o državni pomoči za varstvo okolja in (energijo) , izjemoma dopustna tudi državna pomoč proizvajalcem, ki proizvajajo električno energijo iz obnovljivih virov, če je predhodno tudi potrjena s strani Evropske komisije. Takšna državna pomoč, je bila leta 2009 z Energetskim zakonom uveljavljena tudi v Republiki Sloveniji, kot podpora za električno energijo, proizvedeno iz obnovljivih virov v okviru podporne sheme. Uveljavitev podporne sheme je bila smiselna in predvsem potrebna z namenom spodbuditi potencialne investitorje k investicijam, ki bodo prispevale k razvoju oziroma povečanju deleža električne energije, proizvedene iz obnovljivih virov, v skupni bruto končni rabi električne energije. Evropska unija je Republiko slovenijo z Direktivo 2009/28/ES Evropskega parlamenta in sveta o spodbujanju uporabe energije iz obnovljivih virov namreč obvezala do leta 2020 doseči 25 odstotni delež energije iz obnovljivih virov v skupni bruto končni rabi energije. Proizvajalci, ki so zgradili oziroma namestili proizvodne naprave za proizvodnjo električne energije iz obnovljivih virov so tako lahko v okviru podporne sheme pridobili podpore, namenjene za pokritje razlike med stroški proizvodnje, vključno z normalnim donosom na vložena sredstva, in prihodki od prodaje te proizvedene električne energije na trgu. Ker so bile vrednosti podpor določene administrativno, na podlagi vrednosti primerljivih investicij pred uveljavitvijo podporne sheme, in v obdobju med leti 2010 in 2012 niso bile usklajene z razmerami enakih investicij posameznih tehnologij na trgu (katerih cene so se bolj ali manj prepolovile), so v mnogih primerih proizvajalcem dodeljene podpore, za katere se izkazuje, da niso sorazmerne in presegajo dopusten obseg državne pomoči opredeljen tako v smernicah o državni pomoči za varstvo okolja in (energijo), kot tudi v nacionalni zakonodaji. V takšnih primerih bi država načeloma morala poseči v že dodeljene državne pomoči, ki se bodo proizvajalcem izplačevale za vso proizvedeno električno energijo v obdobju 15 let od namestitve proizvodne naprave, in jih, skladno z zakonodajnimi določbami, korigirati tako, da bodo služile svojemu namenu, to je pokritju razlike med stroški proizvodnje, vključno z normalnim donosom na vložena sredstva in prihodki od prodaje te energije na trgu. ; The combustion of fossil fuels has a negative impact on the environment and has become a major contributor to negative changes in our environment. To prevent these changes, the awareness that action must be taken has been present from the 1990s onward, including political actions. Global governance, therefore, pays more attention to the introduction of the programmes that prevent or at least mitigate these changes. The European Union has a leading role in the combat against climate changes. The Member States are responsible for meeting common objectives to protect the environment and to implement the measures for the fulfilment of these objectives. In this view, exceptions to the general prohibition on state aid are allowed. These exceptions are allowed only if they are in compliance with the rules that determine their allocation and falling within the exclusive jurisdiction of the European Commission, as well as if they meet the common targets related to environmental protection. In lines with one of these rules, Guidelines on State aid for environmental protection and energy, a state aid for the production of electricity from renewable sources is permitted. This state aid must be previously approved by the European Commission. By implementing the Energy Act in 2009, Slovenia has established such state aid as a support for the production of electricity from renewable energy sources within the frame of the support scheme. The introduction of the support scheme was a sensible and above all the necessary solution to encourage investors for investments that will contribute to the development and to increasing the share of renewable electricity in the gross final electricity consumption. By the Directive 2009/28/EC of the European Parliament and of the Council on the promotion of the use of energy from renewable sources Slovenia become committed to achieve a 25 percent share of energy produced from renewable sources by 2020 in the gross final energy consumption. Producers who built or installed the facilities for the production of electricity from the renewable sources received the support within the support scheme ; the support was intended to cover the difference between the production costs, including a normal return on assets, and the revenues from the sale of electricity in the market. These supports were determined administratively on the basis of comparable investments before the support scheme was implemented ; in the period between 2010 and 2012 were not in compliance with the requirements for comparable investments in the market (prices of these investments were more or less halved). Due to that, many producers were granted the supports, which are not proportional and exceed the admissible amount of state aid determined by the Guidelines on State aid for environmental protection and energy, and national legislation. In such cases, the state should intervene in already granted supports, which are to be paid to producers for the produced electricity over the period of 15 years from the installation of the production facility. In accordance with the legislation, supports should be amend in a way to serve their purpose, that is to cover the difference between the production costs, including a normal return on assets, and the revenues from the sale of electricity in the market.