The Czech company Energetický a Průmyslový Holding (EPH) bought a 40 percent stake in the Slovak energy company Nafta from E.ON Ruhrgas International, the TASR newswire reported December 31, citing EPH spokesman Daniel Častvaj.

Častvaj refused to provide any further details.

EPH now controls more than 96 percent of Nafta shares, the SITA newswire wrote, adding that the remaining Nafta shares are owned by small shareholders.

EPH runs more than 30 enterprises engaged in coal-mining, electricity and heat production, their distribution, and in trading with electricity and gas. Nafta is the key provider of services within the field of underground natural gas storage in Slovakia. It also does research in these fields and trades in carbon credits. The storage capacity of the underground facilities of natural gas of Nafta currently stand at 2.3 billion cubic metres, SITA wrote.


(Source: TASR, SITA)
Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.