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BUSINESS BRIEFS

SP buys pricey IT system

STATE insurance company Slovenská poisťovňa (SP) approved the purchase of an IT system from CSC Computing on April 7, despite ministry representatives walking out of an SP board meeting on April 2 saying that the system was too expensive.

SP director Miroslav Knitl made the purchase anyway, saying that he did not require the board's permission to do so.

CSC Computing reduced its price of Sk167.35 million (4.07 million euro) quoted at the April 2 meeting, but is still Sk27 million (660,000 euro) more expensive than its rival, IBM. The IT system is intended to administer health and accident insurance.

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