Czech journalist: Lemikon withdrawing from contract with Tipos

Cyprus-based company Lemikon Ltd. has withdrawn from its agreement with Slovakia's state-owned lottery company Tipos, Czech journalist Miroslav Motejlek wrote on his website, Motejlek.com, on December 8.

Cyprus-based company Lemikon Ltd. has withdrawn from its agreement with Slovakia's state-owned lottery company Tipos, Czech journalist Miroslav Motejlek wrote on his website, Motejlek.com, on December 8.

Lemikon decided to withdraw after Tipos failed to pay the remaining Sk1.5 billion (€50 million) of its debt by November 30. Tipos agreed to pay compensation totalling Sk1.9 billion (€63.3 million) by that date after the Slovak Supreme Court ruled that it had stolen the know-how of Czech betting company Športka.

The lawsuit was brought by Radovan Vitek, the owner of Lemikon, which bought the debt from Športka some time ago. Motejlek, who has been following Vitek's business activities for several years, reports that Lemikon extended the deadline by another four days, but still didn't receive payment.

Lemikon may now require Tipos to pay a Sk400 million (€13.3-million) fine for failing to pay off the debt on time. TASR

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

Get daily Slovak news directly to your inbox

Top stories

News digest: Some schools open, so do some ski resorts

Top prosecutor to be appointed soon. Zsuzsová goes to prison in a murder case. Pezinok judges are busy deciding about custodies for high-profile suspects.

Some schools will open on December 7

Matovič pushed through testing at schools, government is launching a pilot project this weekend.

PM Igor Matovič (front) and Education Minister Branislav Gröhling  (back)

Freed in the Kuciak murder case, guilty of another murder

The Specialised Criminal Court sends Alena Zsuzsová to prison for ordering the murder of former Hurbanovo mayor. She appealed against the verdict, insists she is innocent.

Alena Zsuzsová is escorted to the courtroom.

Health Ministry gearing up for COVID vaccines

Mass campaign planned to get people to take jab.

Illustrative stock photo