BUSINESS IN SHORT

Penta to be sole owner of Dôvera

PENTA investment group is increasing its share in Dôvera, the largest private health insurance company on the Slovak market, to become the only shareholder in the company. Penta has agreed with the company Prefto Holding Limited to take over its 50-percent stake, the SITA newswire reported.The transaction still needs to be approved by the Health-Care Supervision Authority as well as the Anti-monopoly Office.

PENTA investment group is increasing its share in Dôvera, the largest private health insurance company on the Slovak market, to become the only shareholder in the company. Penta has agreed with the company Prefto Holding Limited to take over its 50-percent stake, the SITA newswire reported.
The transaction still needs to be approved by the Health-Care Supervision Authority as well as the Anti-monopoly Office.

The main reason for the transaction is reported to be disagreements between the two shareholders about further operation of Dôvera after the Slovak government announced that it wants to establish a single state health insurance system in Slovakia.

“We disagree with the current initiative of the government and do not want to sell our shareholding in the company to the state,” Eduard Maták, a partner in Penta, said, as quoted by SITA. “We believe that the existence of choice and competition between public and private health insurance companies brings greater efficiency and quality in health care and services.”

Penta views the introduction of a system with a single health insurance company as a step back, which would hinder both patients and physicians. It will therefore spare no effort to defend the current plural system of health insurance, SITA wrote.

Get daily Slovak news directly to your inbox

Top stories

News digest: Who is ready for a vaccine in Slovakia

Vlhová won again. Boris Kollár is at home and will meet coalition partners to discuss GP vote. Justice Minister shows a new map.

Illustrative stock photo

Roundup: Bratislava’s Old Market Hall hosts Christmas markets

If you have not watched the 'Dracula' miniseries, filmed in Slovakia last year, it is about time.

Bratislava’s Old Market Hall will provide visitors with Christmas vibes in the coming four weeks. Each week, from Wednesday to Saturday, people can do a little bit of Christmas shopping at the venue.

From COVID-19 miracle to apparent resignation to death and dying

The natural reflex of all failed politicians – and their uncritical fan clubs – is to point to cultural or geographical differences between “us” and “them”.

The COVID-19 ward in the University Hospital Martin