Spectator on facebook

Spectator on facebook

Court confirms punishments for cartel agreement

SIX CONSTRUCTION firms will have to pay €45 million, the highest fine ever imposed by the Anti-Monopoly Office (PMÚ), after the Supreme Court ruled that they signed a cartel agreement in 2006.

SIX CONSTRUCTION firms will have to pay €45 million, the highest fine ever imposed by the Anti-Monopoly Office (PMÚ), after the Supreme Court ruled that they signed a cartel agreement in 2006.

The court changed a verdict issued by the Bratislava Regional Court in December 2008, which had abolished the fine and dismissed all lawsuits filed by the construction companies, the SITA newswire reported on December 30.

The PMÚ punished six companies, Strabag, Doprastav, Betamont, Inžinierske Stavby, Skanska DS and Mota – Engil in 2006 for signing a cartel agreement connected to a public competition over the construction of the cross-country section of the D1 highway between Mengusovce and Jánovce, which is eight kilometres long. The companies coordinated their activities.

The PMÚ informed that it received information about the dubious practices from the procurer of the road, the National Highway Company. The companies offered suspiciously high sums for the construction work. Five companies united in two consortiums and participated in the competition, while one competitor ran as one bidder, the PMÚ said, as reported by SITA.

The three bids in the competition contained the complex of construction works whose cost was nearly 900 price-per-units. Based on an analysis the PMÚ learned that the proportions between the price-per-units contained very consistent data. The congruence was too much to be a coincidence and it had to be the result of a cartel agreement, according to the PMÚ.

Source: SITA

Compiled by Radka Minarechová from press reports

The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

Emergency declared in Prešov after Sunday storm Video

A powerful storm swept through the city on July 23.

Strong storm hit prešov on July 23.

Slovak water slalom racers won seven medals

Young Slovak talents made the hearts of sports fans race with their performance at the World Championship in water slalom.

Marko Mirgorodský

Austrian Ambassador: The normalisation of our relations has grown

Most people want the EU to exist in the future – we just have to mobilise this majority and not take things for granted, says Austrian Ambassador to Slovakia Helfried Carl in an interview with The Slovak Spectator.

Austrian Ambassador Helfried Carl

Fico for better fish fingers

It’s true that in the past four months, Mr Fico has been comparatively less busy than his Visegrad Group partners.

Austrian fish fingers angered PM Fico.