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Advisor for rail sale wanted

THE TRANSPORT Ministry is looking for an advisor for the privatisation of the railway freight transporter ZSSK-Cargo, a company which is scheduled to be created by hiving passenger transport off from freight transport in the united service now provided by the railways company ZSSK.

According to the Pravda daily, firms interested in advising the state on the sale of ZSSK-Cargo may apply, with a committee shortlisting the seven top candidates and asking them to submit detailed bids.

Last year's revenues from freight transport were around Sk16 billion. The amount of assets to be transferred to the new firm remains unclear, however.

The Transport Ministry hopes to earn Sk15 billion from the sale of ZSSK-Cargo.

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

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