Local self-governments in the Slovak Republic have many possibilities to do business to capitalize their assets and generate their own budget revenues. The purpose of the article was to identify and evaluate business companies through which local selfgovernments conduct business from different perspectives. We focused on businesses with asset ownership of municipalities with city status. When analyzing businesses, we have taken into account their size, spatial layout, legal form, subject of activity, and their economy. Slovak cities have a long-term experience with conducting business through business companies. Most of these are companies with 100% ownership of the cities, in terms of the legal form of a limited liability company. The research results confirm that the significant effect of government-run business is the increase in the value of assets.
Viera Petrášová, Janka Beresecká, Jana Jarábková, Katarína Melichová and Maroš Valach
Creative garden architecture currently afects regional development in two ways. Firstly, it results in landscape architecture outputs, horticulture arrangements, and garden projects. Secondly, it constitutes an environment for the development of certain business activities, namely tourism and horticulture. Garden architecture is able to secure the development of land-based economy, replacing the decreased production of agricultural commodities, and thus contributing to regional development. Garden architecture businesses in the Nitra region are currently limited by the lack of their potential clients’ fnancial resources as well as the barriers to entrepreneurship created in the Slovak Republic. The number of the businesses in the region enables them to develop mutual cooperation without the need for strong competition. on the contrary, it encourages the diversifcation of business activities, various levels of their specialization and potential development of partnerships in a region.