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Economy of Kosice


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Košice is the economic hub of eastern Slovakia. It accounts for about 9% of the Slovak gross domestic product. The steel mill, U.S. Steel Košice with 16,000 employees, is the largest employer in the city and the second largest employer in the country. Other major sectors include mechanical engineering, food industry, services, and trade. GDP per capita in 2001 was €4,004, which was below Slovakia's average of €4,400. The unemployment rate was 11.4% in September 2005, which was below the country's average 15.6%
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