Transpetrol profits up in 2001

Crude oil pipeline firm Transpetrol recorded a gross profit of Sk257 million ($5.35 million) in the first nine months of this year, an increase of Sk16 million over the same period last year, on turnover of Sk1.76 billion.

The company is soon to be privatised. Six firms have proceeded to the due diligence stage in the tender for a 49% state stake, including the US giant Texaco and three Russian gas firms. Czech refinery Česká rafinérska and Slovak Slovnaft will also carry out audits of the firm.

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