Dispute between Penta and the state continues

The financial group demands compensation from the state due to damage caused by a ban on generating profits through health insurers.

Dôvera health insurerDôvera health insurer(Source: Sme - Ján Krošlák)

The dispute between the Penta financial group and the state over the ban of generating profits through private health insurers continues. The district court in Bratislava failed to issue a ruling on compensation for the damage caused at its June 7 session, the SITA newswire reported.

The damage reportedly amounted to €412 million at the end of March. Penta requires the sum as the owner of the private health insurer Dôvera.

The court postponed the proceeding to July 19, SITA wrote.

Penta asks for stable environment in health care

Read also:Health insurers’ profit dispute sent to the EU court Read more 

Penta's attitude towards the whole case has not changed, said its spokesperson Gabriel Tóth.

“We still consider it crucial for the court to say that political decisions like the ban on generating profits are unacceptable for the future, and that health care offers a stable legislative and business environment,” Tóth said, as quoted by SITA. “We’re convinced that the state shouldn’t constantly change the conditions for the health insurers’ operation.”

Dutch company HICEE B.V., which belongs to Penta’s portfolio, originally required €750 million in financial compensation. In late March, it asked for a principal sum of €139 million and interests amounting to over €273 million, SITA reported.

Disclaimer: The Penta financial group has a minority share in Petit Press, the co-owner of The Slovak Spectator.

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