FNM to take no further privatisation decisions before June election

THE NATIONAL Property Fund (FNM) announced on February 17 that it would take no further decisions on privatisation sales until after the general election on June 17. This decision also covers tenders that are in progress, FNM spokesperson Tatjana Lesajová said.

The FNM said it would decide within two weeks on how to proceed in special cases, such as ongoing sales. "Each tender is at a different stage, so halting them could influence individual companies in various ways," Lesajová said.

Tenders where bids have not yet been submitted could be halted, while submission deadlines for other tenders could be postponed, the TASR newswire wrote.

The FNM says it will follow the lead of the government, which is to deal with the issue at a session next week. Among the most important tenders currently under the FNM's remit are those already halfway complete, such as the sale of state heating plants, local transport firms, and arms manufacturer DMD Group. Another privatisation to be affected will be that of the Západoslovenská energetika (Western Slovak Energy) electricity distributor, which is already in its final phase.

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

Get daily Slovak news directly to your inbox

Top stories

Former state secretary Jankovská has reportedly confessed

Coalition politicians have welcomed the news.

Monika Jankovská

Pass a Slovak language dictation so you can work with foreigners

The draft migration policy proposal is out. Where does a foreigner find the official, certified list of cultural realities and traditions they are supposed to respect?

Some problems with the Foreigners’ Police continue.

News digest: Former state secretary describes the corruption at courts

Schools will definitely not open on Monday. Coronavirus vaccine could be available starting in mid-December. Slovakia joins campaign to fight violence against women.

The Presidential Palace lit in orange, to support the Orange the world! campaign.