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BUSINESS IN SHORT

EC probes SPP over cartel claims

THE MAIN supplier of natural gas in Slovakia, Slovenský Plynárenský Priemysel (SPP) was subject to an unannounced inspection by European Commission-appointed investigators on September 27. They were looking for documents pertaining to gas supplies to Slovakia, the Hospodárske Noviny daily reported.

THE MAIN supplier of natural gas in Slovakia, Slovenský Plynárenský Priemysel (SPP) was subject to an unannounced inspection by European Commission-appointed investigators on September 27. They were looking for documents pertaining to gas supplies to Slovakia, the Hospodárske Noviny daily reported.

Except for Slovakia, the investigators checked documents at gas-supply companies in 10 other EU member states.

“This control is focused on the supplies of natural gas in central and eastern Europe and is attended by local offices,” explained the commission, as quoted by Hospodárske Noviny.

According to the Sme daily, the real reason for the inspection was to find documents that confirmed a suspected cartel agreement signed between SPP and Russia’s Gazprom, which was intended to limit competition from other companies on the gas market, or to prevent the reverse flow of gas which had helped Slovakia during the last gas crisis, in 2009.


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