Spectator on facebook

Spectator on facebook

Slovakia to buy back Transpetrol stake

SLOVAKIA will buy back the 49 percent stake in oil transportation route operator Transpetrol which it sold to Yukos in 2001.

Slovak finance minister Ľubomír Jahnátek met with Yukos officials yesterday and agreed that Yukos will sell its stake back to the Slovak government, SME wrote.

The sum Slovakia is expected to pay for the stake remains unknown. However, it should exceed $100 million (Sk3 billion). The first Mikuláš Dzurinda government sold the stake to Yukos for $73 million, which was then around Sk3.5 billion.

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

Top stories

Largest companies that help search for job or employees

Not only well-known names placed in the list of the 10 largest employment agencies in Slovakia.

Employee of the ministry’s agency accused of corruption

If found guilty, the employee of the Agricultural Paying Agency may spend up to eight years in prison for taking a bribe.

Sagan wins first race of 2017 Video

The Slovak cyclist triumphed at the second race of the Belgian classics.

Peter Sagan

Queues rigged at foreigners’ police, say clients

Not our problem, say police, who blame ‘cultural specifics’ and ‘habits’ of foreigners.

Queue in front of the foreigners' police department in Bratislava.