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

Námestie Slobody gets facelift Photo

The architectural tender will gather ideas for the redesign of the biggest square in Bratislava

Námestie Slobody will be redesigned into a kind of living room in the city.

When the state can’t keep a secret

A selective leak has tarnished President Kiska’s reputation. But he must continue to speak out about corruption.

President Andrej Kiska

Fundamental values explored at Divadelná Nitra 2017

This time round, the Slovak, European and US ensembles at the theatre festival focus on #fundamentals, i.e. basic values and the essence of all things.

Nature Theatre of Oklahoma: Pursuit of Happiness

Foreign rocket engines for North Korea: Why?

For Russia, the path to a weakened China could be through a major nuclear accident in North Korea.