Penta wants to sue government over airport

THE FINANCIAL group Penta, part of the TwoOne consortium that won the tender for a 66-percent stake in Bratislava airport, is considering suing the state at an arbitration court in Paris.

The government of Robert Fico decided yesterday to withdraw from the sale of the stake as TwoOne failed to submit the required approval of the Slovak antitrust office (PMU) by August 15.

The PMU announced on August 14 that it needed more time to examine the acquisition of the Bratislava airport by TwoOne. The consortium also includes Vienna Airport and Austrian Raiffeisen Zentralbank.

"We consider the withdrawal from the privatization contract to be invalid," said Penta's Jozef Oravkin, labeling the current situation the result of "a political deal" between the government and the PMÚ, the SME daily wrote.

The sale of the majority stakes in Bratislava and Košice airports was approved by the previous Mikuláš Dzurinda government. New PM Fico has opposed the sale of the Bratislava airport from the start, partly due to fears that by selling it to TwoOne, a regional monopoly might be created. Vienna airport is only 50 kilometers away from Bratislava.

The previous government also provided for the possibility that the PMÚ would not approve the sale of the airport to TwoOne. In such a case, talks with the bidder that finished second in the privatization tender, the Spanish Abertis consortium, were to be opened. However, the Fico government canceled this resolution as well.

TwoOne is still likely to gain Košice airport, as the PMÚ approved this sale on August 14.

Top stories

News digest: Most positive cases last week were Delta, ministry redesigns measures

The third wave will concern the vaccinated more than it could have. Police Corps president in hot water over protests. Demänovská Jaskyňa Slobody cave was discovered 100 years ago on this day.


3 h
Police Corps President Peter Kovařík

People do not want to get used to what happened in Bratislava last week, says Šeliga

Police Corps President Peter Kovařík is losing the trust of the coalition partners.


10 h
The lottery, introduced by the Finance Ministry led by Igor Matovič, should motivate people to get vaccinated against Covid.

Registration for vaccination lottery is open

People will be able to win up to €100,000 in weekly drawings.


2. aug
The skyline of Bratislava

Bratislava struggles with non-development

Tibor Lörincz from Tatra Banka takes a closer look at the particular problem Bratislava is facing when it comes to real estate development.


9 h