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BUSINESS BRIEFS

SE not to be sold until after September 2002

Economy Minister Ľubomír Harach predicts that three state-owned energy distribution companies will likely see the entry of foreign investors by next June, while the main energy producer, Slovenské elektrárne (Slovak Electric - SE), will probably not be in private hands before elections next September.

An official from SE said that the firm's creditors agree with its division into three separate companies prior to its planned sale next year. The division is scheduled to take place November 1. The privatisation of a 49% stake in SE cannot go ahead until the firm is broken up into the three divisions.

Top stories

General Prosecutor filed a motion for the dissolution of ĽSNS

The Slovak Supreme Court received a motion to dissolve the extreme right ĽSNS party founded and led by Marian Kotleba.

Jaromír Čižnár

Russian spies allegedly recruit also Slovaks

They are using martial art clubs in Germany and dozens more in other EU states, in the Western Balkans, and in North America.

Illustrative stock photo

EC scrutinises state aid for Jaguar Photo

There is a question whether the scrutiny may impact the carmaker’s plans to invest in Slovakia.

The construction site of a brand new plant of Jaguar Land Rover near Nitra.

GLOBSEC forum will host guests from 70 countries

The 12th year of the conference will be attended by the highest number of participants in its history.

Slovak President Andrej Kiska gives the opening speech of The Globsec 2016 security conference.