Copyright  © 1994 - 2019    Symsite Research         All rights reserved.

Tax payers on the hook for construction firms’ cartel

23.07.2019

The European Commission is considering fining Slovakia for not penalizing companies for tender rigging in 2004. Back in 2006, the anti-trust authority PMÚ fined six construction firms (Strabag, Doprastav, Skanska, Inžinierske stavby, Betamont and Mota-Engil) €45m and imposed a 5-year ban on taking part in public tenders. Only Skanska, IS, and Betamont paid the fines, though. The only company hit by the case was Skanska. It paid the fine, changed local management, and lost three highway projects. After it stopped rigging tenders, it only won two highway tenders. In sharp contrast, Doprastav and Strabag avoided the fines, are among the most successful companies in public tenders, and still face suspicions of rigging tenders. The EC might force Slovakia to return EU funds granted to the six companies in question, tens to hundreds of million euros.

 

(N/4)

Please reload

Táto správa je z Ekonomiky DNES, denného prehľadu najdôležitejších ekonomických správ zo Slovenska.

This news is from the Slovak Business News TODAY, one-page summary of all the important Slovak business news.

European Commission proposed that all EU countries adopt kurzarbeit

03.04.2020

To prevent firms from laying off workers, the European Commission proposed that all EU countries adopt a German scheme under which employers cut worki...

PM Igor Matovič is advocating tighter safety measures to fight the pandemic

03.04.2020

PM Igor Matovič (OĽaNO) is still advocating ever tighter safety measures to fight the pandemic and deems any loosening up to be an act of folly. He sa...

Matovič stále obhajuje stratégiu prísnejších opatrení na boj s Covid-19

03.04.2020

Premiér Igor Matovič stále obhajuje stratégiu prísnejších opatrení na boj s Covid-19 a uvoľňovanie pravidiel označil za bláznovstvo. Podľa neho sa na...

1/5
Please reload