SPP to dump 90% of holdings before sale

Gas utility SPP has said it intends to unite up to 90% of its 35 holdings in other firms - largely bankrupt companies or those undergoing liquidation - into a 100% daughter holding company which it will sell to the government shortly before SPP's privatisation.

SPP - the world's second largest gas distributor - is expected to be privatised by the end of this year or early next year. The 49% stake could fetch as much as $2 billion.

Get daily Slovak news directly to your inbox

Top stories

Threats have worked. People queued for COVID testing before the official start

The nationwide testing in Slovakia started with four districts in the north. Here is a report from the first day in Orava.

Bardejov

Day two of pilot testing in hardest-hit regions is off to a smoother start

PM Igor Matovič and Health Minister Marek Krajčí are helping the sampling teams, too.

Trstená, the Tvrdošín district

Foreigner's Police will be closed during the lockdown

Those who have booked appointments from October 26-30 must reschedule.

The Foreigners' Police department in Dunajská Streda.

No test, no work. Employees will have to take paid or unpaid leave

Those who will be quarantined with a positive test result will be entitled to pandemic sick leave.

Illustrative stock photo