16. July 2001 at 00:00

Piešťany spa gets pre-privatisation audits

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TASR , SITA ,

Newswire

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The head of the spa facility SLK Piešťany has reported that five firms have conducted a pre-privatisation audit of SLK, in which a 67% state stake is expected to be sold this fall. The FNM plans to sell an additional 18.24% of SLK shares on the stock market

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FNM President Jozef Kojda said that he expects more bidders will enter the tender. The value of the 67% stake is estimated by the spa at 1.1 billion crowns. The proceeds from the privatisation will go to the Health Ministry.

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