Tradition of beer industry in Slovakia takes origin in 19th century, when production of beer primarily appeared in this country. Slovaks love beer, which is confirmed by gradually increasing number of beer producing facilities. Production of beer has significant impact on development of Slovak economy, direct foreign investments, creation of new jobs, technology modernization etc. There are also many significant multinational corporations operating in Slovakia such as Heineken International, Topvar, Steiner and others. Significant revolution is going on also in the sector of small independent craftbreweries in Slovakia. The objective of this paper is to emphasize the importance and impact of beer industry on Slovakian economy and to analyze advantages and disadvantages of the sector in this area.