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Companies handling hazardous materials to pay compulsory insurance

Companies handling hazardous materials will have to pay compulsory insurance most probably from 2012, Janez Potocnik, European Commissioner for the Environment and Zoltán Illés, Minister of State for Environmental Affairs said at a joint press conference at Kolontár.

Potocnik stated that most catastrophes, like the red sludge spill at Kolontár, could be avoided by operating strictly in line with the legislation. He added that further analyses are needed to find out whether authorities should have categorized red sludge as hazardous material.