17. May 2002 at 09:17

Bratislava sells big riverside property

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The Bratislava city council yesterday approved the sale of almost 47,000 square metres of valuable land on the banks of the Danube river to Ballymore Properties of Ireland for Sk555 million ($11.8 million) in a public tender.

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The intended sale has drawn criticism because the deal will first go through a Slovak company called Real Spektrum Dunaj, on whose board of directors sits Peter Nemec, the former Slovak police corps president under the Vladimír Mečiar government.

Compiled by Tom Nicholson from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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