Opposition warns against further privatisation of strategic companies

The second strongest opposition party in Slovakia, the Movement for a Democratic Slovakia (HZDS) objects to the government's plan to complete the privatisation of Slovak energy producer Slovenské elektrárne (SE).

HZDS warns that the planned sales will pose a serious threat to the country's energy safety and added that it was concerned that the sale would not be transparent, news wire SITA writes.

The government announced its intention to sell a 49 percent stake in SE in August last year, and eight European strategic investors then submitted preliminary bids.

In mid September, parliamentary deputies advanced to the second reading of a draft revision of the large-scale privatisation law that would enable the sale of more than 49 percent stakes in strategic companies, such as in energy utilities. According to current law, no more than 49 percent of strategic companies can be privatised.

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

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