MH Manažment has turned into a money-making factory, claims OĽaNO

The economy minister has already replaced its management

(Source: Sme)

The state-owned company MH Manažment, that was supposed to pay the reward of about €70 million for Radomír Bžán’s law firm for their victory in the international arbitration over the Gabčíkovo hydropower plant, has turned into a cash-generating factory, opposition OĽaNO MP Gábor Grendel said on October 18.

SkryťRemove ad
Article continues after video advertisement
SkryťRemove ad
Article continues after video advertisement

Grendel pointed to another contract, based on which the law firm Dvorecký & Partneri received almost €8 million from the state for legal advice, namely consultancy in a litigation with a Cypriot company, Sonmazi Invest Limited, a legal successor of Port Service, known from the case of former Economy Minister Pavol Pavlis, due to which he lost his post.

Read also: Heads roll over extremely high reward for legal services in Gabčíkovo Read more 

The opposition MP recalled that the Slovak Supreme Court already decided in the past that Port Service was definitely not entitled to any state compensation which oscillated at some €60 million.

“In the case of the reward for Radomír Bžán’s law office, we can at least claim that we have back a hydropower plant,” said Grendel as cited by the TASR newswire. “But what did we get for the victory in the dispute with Mr. Pavlis’ company? Nothing. We did not get anything. If we are to pay rewards to law firms for such disputes, then it is just a perfect factory to suck out money from the state, a perfect money factory.”

Members of the OĽaNO movement called on Economy Minister Peter Žiga to ensure that the money paid in this case is returned.

Last week, Žiga dismissed MH Manažment's supervisory board mainly due to its misconduct concerning the excessively high legal fees for Radomír Bžán's law firm, which represented the state in a dispute over the Gabčíkovo Hydroelectric Power Plant. The board of directors of MH Manažment has been replaced as well, Žiga confirmed on October 17.

Top stories

Silvia Solymosy and Jozef Solymosy pose for photographers with their medals at the end of the mixed duet technical final at the European swimming championships in Rome on August 15, 2022.

Slovak artistic swimmers win historic medals at European championships

The Solymosy siblings have won two bronze medals in Rome.


15. aug

Village burnt down but thanks to contest it is one of Slovak symbols now

Ease your hiking muscles in a spa after a two-hour hike with incredible views and a walk through time.


27. jul
The occupancy of Covid beds will be one of the main factors for the classification of districts.

Autumn Covid-19 wave expected to be milder

New vaccines will arrive in September.


15. aug
SkryťClose ad