Spectator on facebook

Spectator on facebook

PPC winner announced

THE NATIONAL Property Fund (FNM) named PPC Holding the winner of the tender for the 90 percent stake in the lucrative steam and gas company PPC.

PPC Holding entered the tender for the PPC with the Swiss group Aare Tessin fur Electricitat (ATEL). PPC Holding is a subsidiary of the firm VSŽ Košice, which in turn is 90 percent owned by the financial group Penta, the Slovak economic daily Hospodárske noviny wrote.

FNM representatives said that the purchase price for PPC exceeded three times the value of the nominal value of the firm's shares on offer. The sum would then exceed Sk2 billion (€49.3 million).

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

Top stories

How to sell Slovak books to English readers

Slovak literature makes it to the big bookstores of London, but it is unlikely to become a bestseller yet.

On Wednesday, Slovak literature will be presented in one of the biggest bookstores in London. Among the new books translated into English is also the anthology of current Slovak prose selected and translated by Magdalena Mullek and Júlia Sherwood.

Slovakia vies for medicines agency

What chances does the country have at winning the seat of the prestigious European Medicines Agency that needs to relocate from London?

Illustrative stock photo

Vote-buying scandal lands village mayor in court

Some Roma claiming the mayor of Gemerská Poloma, Miroslav Michalka was buying votes, have changed their testimonies.

Stanislav Kučerák (blue shirt) is a key witness in the vote-buying case.

British embassy opens condolence book

The book will be opened for two days.

Floral tributes are laid out in Manchester, England, on May 23, 2017, the day after the suicide attack at an Ariana Grande concert that left 22 people dead as it ended on May 22 night.