Rusko says SE will not be sold cheaply

ECONOMY Minister Pavol Rusko said on July 6 that there was a possibility that the Slovak power producer Slovenské elektrárne (SE) would not be privatised.

"If potential investors offer a low price for SE, I will recommend the cabinet not privatise the proposed 66 percent of SE shares," said Rusko.

He expects, however, that the investors will offer good prices.

The private news agency SITA wrote that, in Rusko's opinion, the cabinet's support for investors interested in the completion of the third and fourth blocks of the nuclear power plant in Mochovce will increase the price of SE. Rusko also said that three of the potential buyers were willing to complete this power station.

Investors must submit binding bids by July 21.

According to information published in the Slovak press, investors interested in purchasing both the conventional and nuclear assets of SE include the Russian company RAO UES, the Italian group Enel, and the Czech company ČEZ.

Top stories

The interactive exhibition Elements of Art is dedicated to the 70th anniversary of the Žilina Music Conservatory on November 18, 2021.

Weekend: US basketball players score big in Slovakia

A potential Christmas present, one hike, nice sports stories, and more. Dive into reading this week's roundup.


26. nov

News digest: Employers finally get manual for employee Covid testing

Bratislava starts the Christmas season online and the refurbishment of one of the biggest fountains in Slovakia. Tatra ski resorts have switched on their snow-making machines.


26. nov
Christmas trees began appearing in the squares during the First Czechoslovak Republic and there is a touching Christmas story behind it.

Lockdown for just two weeks? Forget it, say experts

The experts advising the government expect some rules may lift before Christmas, but only for the vaccinated.


26. nov
Chicago Blackhawks right wing Marián Hossa prepares for a face off against the Florida Panthers during an NHL hockey game in March 2017.

The (in)conspicuous superstar that had to suffer to achieve great things: Marián Hossa

The Slovak hockey player has been inducted into the Hockey Hall of Fame.


25. nov
Skryť Close ad