Spectator on facebook

Spectator on facebook

Slovak companies dropped from SE privatisation

ONLY eight of the ten companies interested in buying the 49 percent share in power producer Slovenske elektratne (SE) will be seriously considered for the deal, Peter Mitka of PricewaterhouseCoopers, the official advisor for the privatisation, told news wire TASR.

According to a source close to the deal, the rejected bidders are the two Slovak companies, SAVAS of Žilina and Hornonitrianske Bane of Prievidza.

Austrian Verbund, German E.ON, Italy's Enel, British International Power, and Belgian Electrabel are unofficially said to have reconfirmed their bids.

The investors have until December 5 to submit their preliminary bids. The winner of the bid for SE, which has an 85 percent domestic market share of power production, will be made public as of next year, while the completion of the entire privatisation process is expected by the end of 2005.

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

Top stories

Socialism elections were parody of free vote

After the revolution in 1989 the number of people participating in elections fell from 99 percent to around 60 percent.

Elections during socialism regime.

Foreigners: Top 10 events in Bratislava Video

Tips for the top 10 events in the capital between November 17 and November 26, plus regular services in different languages, training, temporary exhibitions and highlights of the year.


Top 3 stories from Last Week in Slovakia Video

Chinese could produce e-cars in Slovakia - PM Robert Fico does not see election defeat - Poliačik leaves the strongest opposition party

PM Robert Fico

Ecocide! How Slovakia destroys its national parks

Officially, the number of forests in Slovakia keeps growing but satellite shots of the national parks evoke horrors.

logging at Muránska Planina