Baštrnák Company Bankrupt: Millions Owed to Denmark
- The N-Bonaparte company,linked to businessman Ladislav Baštrnák and the controversial Bonaparte apartment complex in Bratislava,has declared bankruptcy,owing the Slovak state over €2.4 million in tax arrears.
- According to the Slovak Credit Bureau (CRIF),29 companies in Slovakia filed for bankruptcy in October 2023.
- The total debt owed by these bankrupt companies to the state exceeds €12.2 million.
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N-Bonaparte Bankruptcy: Baštrnák’s Firm Owes state €2.4 Million
The N-Bonaparte company,linked to businessman Ladislav Baštrnák and the controversial Bonaparte apartment complex in Bratislava,has declared bankruptcy,owing the Slovak state over €2.4 million in tax arrears. This makes it the largest debt among companies that entered bankruptcy in October 2023.
Bankruptcy statistics for October 2023
According to the Slovak Credit Bureau (CRIF),29 companies in Slovakia filed for bankruptcy in October 2023. This included 26 limited liability companies (spoločnosti s ručením obmedzeným) and three joint-stock companies (akciové spoločnosti). CRIF - Slovak Credit Bureau reported that employee numbers varied significantly among the bankrupt firms.
| Employee Size | Number of Companies |
|---|---|
| no Employees | 1 |
| Less than 10 Employees | 11 |
| 10-19 Employees | 1 |
| Unknown | 16 |
The total debt owed by these bankrupt companies to the state exceeds €12.2 million. Two companies had liabilities exceeding €1 million, and another two between €1 million and €2 million. The vast majority of this debt – over €11.8 million – is owed to the Financial Administration of the Slovak Republic (Finančná správa Slovenskej republiky), with additional amounts owed to the Social Insurance Agency (Sociálna poisťovňa) (€339,000) and the General Health Insurance Company (VšZP) (€93,000). CRIF – Slovak Credit Bureau
The fall of N-Bonaparte and Ladislav Baštrnák
N-Bonaparte, the company owned by Ladislav Baštrnák, stands out as the largest debtor in the October bankruptcy list, owing the state €2.4 million. The company was primarily involved in real estate development and is best known for constructing the Bonaparte apartment complex in Bratislava’s old Town. Denník N reported on the bankruptcy proceedings.
The Bonaparte complex gained notoriety as the long-term residence of then-Prime Minister Robert Fico. Fico rented an apartment within the complex for several years before leaving in 2019 following public scrutiny and protests. The slovak Spectator detailed Fico’s departure from the apartment.
Baštrnák himself has a prior criminal conviction. In 201