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New deadline for SE bids

THE CABINET decided that companies interested in purchasing a stake in the Slovak power generator Slovenské elektrárne (SE) should submit their binding offers by July 21 rather than June 18 as originally planned.

The state-run news agency TASR wrote that the delay was an effort to win time for the government to evaluate possible alternative offers for the use of SE’s capacities.

Economy Minister Pavol Rusko said it was possible the state would trade the SE stake for shares in the power producer’s new investor.

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

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