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BUSINESS BRIEFS

Towns protest privatization

THE UNION of Slovak Cities (ÚMS) is against the plans of the privatization agency FNM to sell 67 percent of shares in national heating plants.

"We are urging Economy Minister Pavol Rusko, FNM President Jozef Kojda, PM Mikuláš Dzurinda and government members to stop the privatization process of heating plants and reconsider their current approach," ÚMS Secretary General Marián Minarovič stated.

According to ÚMS, Slovak towns have owned the network of heating plants since 1990. The towns want to maintain and develop central heating and hot water supply at the same prices.

ÚMS, involved in energy distribution since 1999, is open to further discussions, it points out in the statement.

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