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.

Top stories

Sweden is a European leader in further education, with 34.3 percent of involved adults in 2019.

Further education gives hope, but not to people in Slovakia

Stepping up to world-class further education provision does not end with a strategy, examples from abroad show.


11. jún
An interactive statue by the Love Bank museum in Banská Štiavnica.

Instead of love, "garden gnomes" cause uproar in a Slovak UNESCO town

Your weekly dose of easy reads about Slovakia, including EURO 2020 and geoparks.


11. jún
Recent tax measuresmayhelp to fill state coffers.

Historic deal on minimum global tax of 15 percent. Will it become relevant?

The planned tax reforms are both ambitious and complex; it is already clear that not everything will be enforceable.


12 h