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Three companies interested in Slovak Airlines

THREE companies are interested in bidding for the remaining 34-percent state stake in the air carrier Slovenské aerolínie (SA).

The Economy Ministry expects to complete the sale of the minority package at the beginning of the second quarter of this year.

According to the Pravda daily, the current majority owner of SA, the Austrian Airlines Group, is also among the three interested parties.

Austrian Airlines' acquisition of its current 66 percent stake in SA in early 2005 was controversial because it was achieved through a basic capital increase and was not accompanied by a cabinet decision.

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

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