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BUSINESS BRIEFS

Audits at energy distributors finished

TEN potential investors have finished due diligence audits at three state energy distributors (VSE, ZSE and SSE). Interested parties have until April 12 to submit binding offers for 49 per cent stakes in the firms. While the government now admits it will not be able to complete the privatisation of energy utility Slovenské elektrárne by the end of its term in September 2002, as earlier planned, the separation and sale of the distribution units is seen as launching the overall electricity utility sale.

Top stories

Cloud computing becomes a standard

External servers are now much more secure than local business ones, according to experts.

Slovak firms have their eyes on the cloud.

Slovaks drink less and less

Behind the decline in alcohol consumption is, for example, the abandoning of the habit of drinking at work – typical especially during communism, according to an expert.

Kiska: Even Europe has its aggressive neighbour

President Andrej Kiska addressed UN commenting poverty, instability and climate change.

President Andrej Kiska

Arca Capital enters the banking sector

Czech and Slovak financial group acquires a majority share in Austrian private bank Wiener Privatbank.

Bank, illustrative stock photo