BUSINESS BRIEFS

Slovak companies cut from SE privatisation

ONLY eight of the ten companies interested in buying the 49 percent stake in power producer Slovenské elektrárne (SE) will be 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 dismissed bidders are the Slovak companies SAVAS of Žilina and Hornonitrianske Bane of Prievidza. Austrian Verbund, German E.ON, Italian 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.

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