Police start prosecution in hidden privatization of Slovak Airlines

POLICE started prosecution procedures in the alleged hidden privatization of Slovak Airlines (SA) by Austrian Airlines (AUA), based on a motion filed by MP Branislav Opaterný of the Free Forum party, the daily SME reported.

AUA gained an almost 62-percent stake in SA with the agreement of Transport Minister Pavol Prokopovič after the Austrians guaranteed an Sk200 million (€5.3 million) loan that SA took to avoid bankruptcy.

In January last year AUA then increased SA's assets by Sk114.6 million (€3 million). For this sum they gained a controlling majority in SA. According to Opaterný, by enabling this, Prokopovič has damaged the state.

"They sold state property without a proper cabinet or parliamentary decision," says Opaterný.

Compiled by Martina Jurinová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

I was in the frontline because it reflected what I felt inside

One of the leaders of the 1989 student movement, Anton Popovič, remembers the fall of the totalitarian regime.

November 21 gathering of students at the Comenius University in Bratislava.

The Velvet Revolution embodies a peaceful change

Professor Ľubica Lacinová remembers her life before and after 1989.

A total of 11 hand-written large-format banners are placed on the facade of the Esterházy Palace of the Slovak National Gallery (SNG)in Bratislava in November 2019. They were created by Tomáš Gažovič as part of a digital project entitled Time-Description 1989 (Čas-opis 1989) and dedicated to the 30th anniversary of the Velvet Revolution

Slovaks live better now than before 1989, statistics show

But many people still yield to myths about the communist regime and nostalgia.

The range of products at shops during the previous regime was significantly smaller than it is today.

Government announces a state mourning for the victims of the crash near Nitra

Flags will be raised at half-mast between 8:00 and 20:00.

A black flag was raised in front of the Government's Office.