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BUSINESS BRIEFS

Not all SE bidders will proceed

THE ADVISOR on the privatisation of a minority stake in energy utility Slovenské Elektrárne (SE) has said that not all eight parties who submitted preliminary bids in late September will be able to carry out due diligence, and that the optimum number would be four or five bidders.

The utility is the last major state asset that remains to be privatised following a wave of sales under the 1998-2002 Mikuláš Dzurinda administration.

Top stories

Kysuce highway stalled due to missing money

Money is missing to finish the section of highway between Žilina and Poland, stopping the completion of the D3 highway project.

Road-blocking protest in Povina, Kysuce, demanding completion of highway bypass - February 16.

Slovak film won Generation Kplus section at Berlinale

The film Little Harbour that won the Crystal Bear – beating movies from many other countries - is the work of (mostly) Slovak women.

Director of Little Harbour, Iveta Grófová, with the Cristal Bear

State insulation falls behind expectations, ministry widens support

Only 134 homeowners in the first round and 62 in the second applied for a subsidy via the insulation programme.

Only 134 homeowners in the first round and 62 in the second applied for a subsidy via the state insulation programme. Illustration stock photo

US philosopher with Slovak roots, Michael Novak, dies

The man who advised politicians and even presidents Gerald Ford and James Carter died on February 17, aged 83.

Michael Novak