Minister: Interblue status has changed, we think

Interblue Group, a US-based company that bought unused quotas to emit 15 million tonnes of greenhouse gases from Slovakia in 2008, has signed over its business rights to a Switzerland-based firm called Interblue Europe, Slovak Environment Minister Jozef Medveď announced at a media conference on January 12 in response to information in the media that the Interblue Group had ceased to exist in late 2009.

Interblue Group, a US-based company that bought unused quotas to emit 15 million tonnes of greenhouse gases from Slovakia in 2008, has signed over its business rights to a Switzerland-based firm called Interblue Europe, Slovak Environment Minister Jozef Medveď announced at a media conference on January 12 in response to information in the media that the Interblue Group had ceased to exist in late 2009.

He said that although – based on information found on the Washington State Business Register –Interblue Group appears to have ceased to exist, this information has not been officially confirmed yet and needs to be taken with a pinch of salt.

Medveď said Slovakia will insist that Interblue Group's successor pay an additional €15 million as part of the original deal in return for Slovak government investment in so-called green projects.

The Plus Jeden Deň daily reported in its Tuesday (January 12) edition that Interblue Group, with whom the government signed a deal that opposition politicians say may have cost the state at least €75 million in lost revenues, no longer exists. The Environment Ministry claims that talks are still in progress with the company. 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.

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