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Interblue Group Europe Has New Person in Charge

Bratislava, March 29 (TASR) - A woman called Natalie Gough has become the new CEO of the Swiss-based Interblue Group Europe, a company claiming to be the legal successor of the U.S.-based Interblue Group, which bought Slovakia's surplus CO2 emission quotas in 2008.

This is according to an updated entry in the business register of Zug, one of Switzerland's 26 cantons.

Gough replaced Jana Luetken on the top executive post at the company. The new person acting as a statutory representative of Interblue Group Europe was announced to take the post by the new owner of the company Milan Ruzicka earlier this month.

In 2008, Slovakia sold 15 million tons of carbon-dioxide emission quotas to the Interblue Group at €5.05 per tonne. According to the contract, the company has the right of first refusal on an additional 35 million tonnes. The deal has been criticised by the Opposition over terms deemed unfavourable to Slovakia and the fact that the company was based in a garage, at least according to photographs displayed by the media.

Former Interblue Group project manager Rastislav Bilas said a few days ago that the purchased quotas were re-sold to another party at approximately €8 per tonne. The quotas have ended up in the possession of four Japanese companies.

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