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Slovnaft surrenders to audit

THE FINANCE Ministry has initiated a price audit of Slovnaft based on a request by the local antitrust authority, the SITA news agency wrote.

The Ministry, which starts auditing the oil refinery today, will also inspect a possible violation of price regulations and a misuse of its dominant market position. The audit follows a motion filed by road haulier association, ČESMAD, against Slovnaft.

Slovnaft rejects all allegations of impropriety and argues that its price policies reflect the volatile global oil market.

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

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