Spectator on facebook

Spectator on facebook

Enel gets first allowance

THE ITALIAN company Enel received its first allowance from the state, the Pravda daily writes. Enel should enter the Slovak power producer Slovenské elektrárne (SE) as the majority owner by April 2006.

Pravda writes that the Economy Ministry recently agreed that state-owned electricity-grid operator Slovenská elektrizačná a prenosová sústava (SEPS) will cover one-tenth of SE's losses from 2005 and 2006. The losses stem from the supply of electricity to the company Slovalco.

Based on a contract dating back to 1994, SE must supply electricity to Slovalco for prices that are far below market level.

State allowances for SE will reach almost Sk 0.5 billion for 2005 and 2006.

Compiled by Martina Jurinová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Slovak healthcare needs thousands of medical workers

Slovak doctors, nurses and midwives are not hesitating in finding better work conditions abroad.

Illustrative Stock Photo

Fight with traffickers thwarted online sale of hockey tickets

The algorithm not only prevented traffickers but also ordinary fans from buying tickets.

Waiting for tickets in Košice

Spectacular Slovakia #3: Unexpected hiking (Enjoy Bratislava's greenery) Audio

In Slovakia, you can hike in the capital city. Listen to the latest episode of our travel podcast to find out more.

Institutions can be quickly destroyed, but they are hard to build

Head of the To Dá Rozum intiative, Renáta Hall, talks about the impacts of a dispute between the academy of sciences and the Education Ministry.

Renáta Hall