In February, multiple companies went bankrupt, leading to significant tax debts amounting to over 3.1 million euros, primarily linked to the less-known consulting firm Hunan Trade. This company has been reported to be facilitating Chinese investments in Slovakia, yet it has been facing serious financial issues that culminated in a proposed bankruptcy by the tax authorities last year, with a court decision coming eight months later.

Hunan Trade last reported its financial activities five years ago when it demonstrated a rapid increase in both revenue and profits during 2019, with nearly ten million euros flowing through the company. At the end of 2020, significant changes occurred within its management, including the resignation of Patrik Puček from the board and the appointment of Jiří Pokorný from Prague as the new chairman, a move believed to be motivated by potential lucrative opportunities.

The situation raises concerns regarding the transparency and management of foreign investments in Slovakia, as well as the accountability of companies that facilitate such investments. With increasing scrutiny on financial practices and tax obligations, the future of Hunan Trade and its ability to operate in Slovakia will be closely watched by both investors and regulatory bodies, highlighting broader implications for economic relations between China and Slovakia.