Main attention of the paper is devoted to the expression of both globalization and internationalization processes on the activity of selected branch or of the Slovak food processing industry, mainly milk processing industry. Changes of entrepreneurial conditions in external environment create the possibilities of access for foreign strategic investors to these milk processing entities as well as for new forms of entrepreneurial subjects. The biggest foreign strategic investors are in the following joint stock companies, for example — Liptovská mliekareň, a.s. Liptovský Mikuláš (Bongrain France), Milsy, a.s. Bánovce nad Bebravou (Lac- toprot Austria), Rajo, a.s. Bratislava (Meggle Austria and Germany), Zempmilk, a.s. Micha- lovce (Fromageries Bell France) and others. These companies include more than 52% of number of big industrial milk processing entities in total and during last time period bought more than 52,5% of whole milk production in Slovakia.