Spectator on facebook

Spectator on facebook

Anti-monopoly office fines four construction firms for cartel agreement

SLOVAKIA’s Anti-Monopoly Office (PMÚ) has fined four construction companies for engaging in a cartel agreement in a tender for the reconstruction of an old people's home in Rožnava in Košice region, the TASR newswire reported February 26.

(Source: Sme )

“The individual bidders coordinated their price bids,” PMÚ Vice Chairman Radoslav Tóth told a press conference in Bratislava earlier in the day, as quoted by TASR.

The reconstruction of the facility for more than €2 million was financed from European funds, state coffers and the environmental fund.

The four companies in question are now supposed to pay fines totalling €390,000, while three of them will be banned from entering public procurements for the next three years.

In revealing the fraud the Anti-Monopoly Office was aided by one of the companies involved, which confessed to the crime and pointed to the other three firms. For helping the authority the company will have to pay a smaller amount of money and will not be subject to the aforementioned ban on entering public tenders.

Based on the PMÚ ruling, construction company J.P.-STAV will have to pay €158,783, GMT Projekt €148,982, Vertikal-SOLID €43,657 and Ing. Vladimír Maduda PLYSPO €39,539. The decision cannot be appealed.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Kuciak did not even have a computer as a child and he grew up to be an analyst

A village boy who angered Marian Kocner. A profile of Ján Kuciak, who recently received the White Crow award in memoriam.

Ján Kuciak

Lajčák considers resignation if the migration compact is rejected

The foreign affairs minister also admitted to some disputes with PM Robert Fico.

Foreign Affairs Minister Miroslav Lajčák

How to cope with waste

Slovakia lags behind in recycling and reducing waste, but examples of other countries, particularly the Netherlands, are helping Slovakia implement strategies to reduce waste.

Roughly 67 percent of communal waste ended up at landfills in Slovakia, while only 23 percent was recycled.

Europe might not be just an innocent victim

While real estate bubbles in the US, Greece and Spain were partial causes of global crisis, irresponsible lending was also rife in places you hear little about.