The Slovakia Ring Agency, previously owned by businessman Zoroslav Kollár and Nitra-based oligarch Norbert Bödör, asked to be voluntarily erased from the so-called anti-shell register, Transparency International Slovakia informed on Facebook.
This means the company will not be able to compete in big state competitions and ask for subsidies. It received €1.7 million from the state and its companies between 2011 and 2018.
The company runs the biggest racetrack in Slovakia, located in Orechová Potôň (Trnava Region).
Two shell firms
Transparency International Slovakia turned to court last summer over the suspicion that five Cypriots and one Filipino own the Slovakia Ring Agency via two shell companies: Transform Finance Limited based in London and Cordero Foundation in Anguilla in the Caribbean.