Deloitte & Touche to advise power tender

DELOITTE & Touche, which has performed several studies and analyses for the Slovak power producer Slovenské elektrárne (SE), will be an adviser to ČEZ, the Czech power producer that is one of the five bidders in the ongoing SE tender.

The Slovak cabinet plans to sell a 66 percent stake in SE. The stake's account value is Sk25.2 billion (€607.2 million), the Slovak daily Pravda wrote on January 12.

Gabriel Fischer, the head of the SE supervisory board, suggested that Deloitte & Touche's past work for SE could create a conflict of interest, but ČEZ spokesman Ladislav Kříž argued that his firm had signed a contract with the Czech, not the Slovak, branch of the company.

Economy Minister Pavol Rusko said, "if ČEZ takes steps that we determine to be wrong, [the firm] will damage its own position [in the tender]."

Top stories

Halls of universities remained empty after the Covid pandemic broke out in Slovakia.

Universities passed pandemic test, but students suffered from lack of contact, massive survey finds

Research shows traineeships and practical education suffered during Covid-19 crisis.

16 h
Poverty, illustrative stock photo

Poverty and social exclusion a reality for one-sixth of Slovakia's inhabitants

As many as 800,000 threatened by poverty and social exclusion in 2020.

27. júl
The open-air exhibition about the Old Market Hall

Rare historical photos uncover the story of Bratislava's Old Market Hall

Bratislava owes its rich market history to its location on the crossroads of ancient trade routes.

29. júl