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SE not likely to be sold this year

Economy Minister Ľubomír Harach has said that he does not expect a 44 per cent stake in electricity producer Slovenské elektrárne (SE) to be sold this year, as originally planned, but over a period of two to three years. Among the problems preventing the early sale of SE are unresolved ownership relations over the Gabčíkovo hydro dam, the unfinished Mochovce nuclear plant, the government’s promise to decommission two Russian-type reactor blocks at the Jaslovské bohunice plant before their lifespan runs out, and SE’s huge indebtedness.

Compiled by Tom Nicholson from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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