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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.

Top stories

Legitimising fake news

One of Slovakia’s media schools has invited a well-known conspiracy theorist to an academic conference. What does this say about the state of the Slovak media?

Tibor Rostas

Suicide game does not exist and visa-free regime for Ukrainians is not a lie

The Slovak Spectator brings you a selection of hoaxes from the past two weeks.

There is no computer game that makes people commit suicides.

It’s not easy being an ‘alien’ in Slovakia

Are Slovaks scared of foreigners? The stories of those who are trying to make their homes here suggest that ignorance and bureaucratic inertia, rather than fear, cause more problems.

Dealing with state offices may be difficult and time-demanding.

President Kiska uses train for first time Photo

After criticism from coalition MPs for flying and a troublesome car trip, Slovak President Kiska to commute to Bratislava by international train, boarding it in his hometown of Poprad.

President Kiska gets off the IC train in Bratislava.