The worst company of the year – Vote for Alstom in the People’s Public Eye Awards 2013
January 8, 2013
Alstom, the constructor for the Sostanj lignite power plant might just be the worst company of the year. You can vote for Alstom in the Public Eye Awards until January 23.
ALSTOM nominated for “Prestigious” Public Eye Awards
January 7, 2013
The French energy and transport conglomerate Alstom is one of the seven finalists for the People’s Public Eye Awards 2013. The nomination is a result of information submitted by NGOs Focus Slovenia, SHERPA France and CEE Bankwatch Network, in which dubious business practices of the company across the world are highlighted — often linked to proven corruption or corruption allegations surrounding the awarding of contracts.
Dirty coal gets closer to receiving almost half a billion euros from EU taxpayers
December 3, 2012
The European Investment Bank (EIB) is gearing up to pay 440 million euros to a new 600 MW lignite plant in Slovenia at a time when calls for an end to subsidies for fossil fuels are intensifying all over the world.
Crunch time at Sostanj
November 5, 2012
November is shaping up to be crunch time for a new 600 MW lignite plant planned to be built at Sostanj in Slovenia. If the Slovenian government doesn’t manage to offer a state guarantee for loans from European public banks that should cover half the construction costs by the end of this month, the project could fail. At Bankwatch, we’re preparing our popcorn for the latest Sostanj thriller, on show across Europe this month.
Another case of alleged corruption in a CEE energy company
September 17, 2012
Alleged corruption at Poland’s second biggest state-owned energy company ENEA S.A. may compromise yet another project financed by European public banks.
Allegations of corruption in Slovenia and across the EU
August 9, 2012
Despite fines and alleged scandals, questionable companies win new contracts every day and posts impressive profits – claims campaign group
Spot the difference: Alstom in Indonesia and Slovenia
July 31, 2012
The company hired to build a new unit at the Sostanj lignite power plant is involved in strikingly similar corruption cases across continents.
The revolution should not be privatised
June 12, 2012
Pushing for public-private partnerships will not support democratisation in the Arab Spring countries but risks increasing their public debt. Our new website brings together the PPP lessons that Europe should have learned.
Suspension or no suspension, the EBRD freezes disbursements for the Šoštanj lignite power plant
April 18, 2012
With the decision to freeze the disbursement of a loan for the Šoštanj lignite power plant in Slovenia, the European Bank for Reconstruction and Development seemingly reacts to the many controversial points Bankwatch and other organisations have raised about the project.
Khimki Forest activist wins Goldman Environmental Prize
April 16, 2012
One of this year’s winners of the Goldman Environmental Prize is Russian Khimki Forest defender Evgenia Chirikova, but the good news is being overshadowed by continued violence against other Khimki activists.
