IN SHORT

No sale of Transpetrol

ECONOMY Minister Pavol Rusko is not planning to sell the government's stake in crude-oil pipeline operator Transpetrol or gas utility Slovenský Plynárenský Priemysel (SPP), news wire SITA reported.

"I do not see even the smallest reason for the sale of the stake in SPP; it is a stable company with dividends and without a need for additional investments," added the minister.

However, the ruling coalition wants to make the remaining stakes, which the government holds in strategic companies, available for privatisation.

In mid September, parliament advanced to the second reading of a draft revision to the large-scale privatisation law enabling the sale of the remaining 51 percent government stake.

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