Cargo rail transporter to be privatised

THE TRANSPORT Ministry will sell cargo rail transportation company Železničná spoločnosť Cargo (ŽSC), and hopes to gain Sk15 billion (€376 million) from the sale.

It remains unclear how big a stake of the transport company will be sold, but Transport Minister Pavol Prokopovič thinks the entire 100 percent should go, the SME daily wrote.

ŽSC will be created after the division of the current rail transportation company into cargo and passenger transportation firms. The cabinet passed the division plan on July 7.

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

Get daily Slovak news directly to your inbox

Top stories

News digest: Security Council will meet to discuss nationwide testing

Overview of news from Monday, October 19, 2020.

PM Igor Matovič announcing some details about nationwide testing on October 18.

PM wants to test everyone, Kotleba already positive in neo-Nazism

Nationwide testing is less utopian than the blackout but it is driven by the same ambition.

PM Igor Matovič shows the antigen testing kit that should be used in the nationwide testing project in Slovakia.

Matovič keeps falling. The effect of the dispute with its coalition partner is hard to guess

The senior coalition party was defeated by ex-PM Pellegrini’s movement, the Focus poll shows.

PM Igor Matovič

UPDATED: Nationwide testing will be secured by the army

Foreigners living in Slovakia will be able to get tested too.

Illustrative stock photo