CSFB points to November debate on SPP sale

Credit Suisse First Boston, the advisor to the government on the sale of gas utility Slovenský plynárenský priemysel (SPP), has said the government could debate a draft decision on the sale of a 49% stake this November.

The sale of the stake is expected to bring the state billions of dollars in privatisation revenues, but has run behind original government privatisation schedules. The sale process was supposed to have finished by the end of the first half of this year, but has been repeatedly put back.

CSFB representatives said the tender process could begin this month, with a November date for selection of the winner.

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Stock image.

Twice as many Ukrainians work in Slovakia now than before the Russian invasion.


Píšem or pišám?

"Do ľava," (to the left) I yelled, "Nie, do prava" (no, to the right), I gasped. "Dolšie," I screamed. "Nie, nie, horšie..." My Slovak girlfriend collapsed in laughter. Was it something I said?


Matthew J. Reynolds
Czech biochemist Jan Konvalinka.

Jan Konvalinka was expecting a pandemic before Covid-19 came along.


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