Slovak daily Pravda reported that the Economy Minister, Pavol Rusko, wants to offer majority stakes ranging between 55 percent and 66 percent in heating firms in Bratislava, Košice, Trnava, Žilina, Martin, and Zvolen to private investors, while the remaining stakes would become the property of the cities. Profits from the sale would go to the state.
The plan is in conflict with the proposal of Rusko's predecessor, Robert Nemcsics, who promised to cities that all shares in the heating firms would be transferred to them.
The cities would then be able to decide whether they wanted to sell some or keep their 100 percent stakes. Representatives of the towns in question are in favour of the latter alternative.
Compiled by Martina Pisárová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
20. Oct 2003 at 10:38
