Istrochem on the block

The FNM privatisation agency has announced a tender for a 92 per cent stake in chemicals maker Istrochem, worth a nominal Sk3.9 billion ($84 million). The firm has a basic capital of Sk4.3 billion, and last year made an after-tax profit of Sk271 million on revenues of Sk2.7 billion. Potential bidders have until May 31 to declare interest.

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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