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

Námestie Slobody gets facelift Photo

The architectural tender will gather ideas for the redesign of the biggest square in Bratislava

Námestie Slobody will be redesigned into a kind of living room in the city.

When the state can’t keep a secret

A selective leak has tarnished President Kiska’s reputation. But he must continue to speak out about corruption.

President Andrej Kiska

Fundamental values explored at Divadelná Nitra 2017

This time round, the Slovak, European and US ensembles at the theatre festival focus on #fundamentals, i.e. basic values and the essence of all things.

Nature Theatre of Oklahoma: Pursuit of Happiness

Foreign rocket engines for North Korea: Why?

For Russia, the path to a weakened China could be through a major nuclear accident in North Korea.