Slovenia - Industry

Manufacturing is widely diversified. Important manufacturing sectors include: electrical and nonelectrical machinery, metal processing, chemicals, textiles and clothing, wood processing and furniture, transport equipment, and food processing. In the composition of total value-added by economic activity, the share from industry declined from 50% in 1989 to 43% in 1991. Industry declined still further to 36% of GDP by 2001. Industrial production, which fell by about 25% in the early 1990s due in part to the international sanctions against Serbia, grew by an estimated 1% in 1996 and increased by 3.3% in 2001. The recovery of industrial production has been slower than expected, as the shift from parastatal to private ownership continues. Only in the late 1990s were steps taken to privatize key industrial sectors such as telecommunications, utilities, and steel. Slovenia produced 116,082 automobiles in 2001, a 6% decline from 2000.