SAD bus privatisation gathers pace

Following the approval last month of bids for 49 per cent stakes in the Bratislava and Dunajská streda public bus services, the local SAD services in Nové Zámky, Banská Bystrica, Prešov and Košice have all received binding offers, and tender commissions will announce winners next week. SAD is an umbrella company uniting 17 local bus services. Selling off the bus lines, part of the Dzurinda government’s ambitious 1998-2002 privatisation schedule, is expected to help renovate Slovakia’s aging bus parks.

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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