THE BUSSING company SAD Bratislava will be sold to Bus Transport, a firm backed by real estate firm HB Reavis, the Slovak cabinet decided on July 7, the Pravda daily wrote.
Bus Transport will pay a total of Sk727 million (€18 million), gradually gaining a 57 percent stake in SAD Bratislava.
HB Reavis, which built the Aupark shopping centre and several business centres in the Slovak capital, plans to build a new bus station in Bratislava that should be comparable to the central stations in Paris and London, the firm’s management told the Pravda daily. Investments in this project should reach several billion Slovak crowns.
Compiled by Beata Balogová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
8. Jul 2004 at 8:44