Spectator on facebook

Spectator on facebook

IN SHORT

National Property Fund gets advice

A FINANCIAL company, Benefit Finance, will advise privatization agency National Property Fund (FNM) in the sale of claims amounting to Sk10 billion (€256 million), the SITA news agency wrote. Benefit Finance won the engagement through a tender process.

"The whole public tender procedure will be in line with the Commercial Code," FNM president Jozef Kojda said. The privatization agency would like to complete the sale of its claims package by the end of the year.

FNM vice-president Daniel Végh said the agency was unable to claim its rights in some cases where it has a creditor position. "That's why we are selling some claims," he said.

Kojda stated that the recovery rate of claims in the FNM portfolio ranges from 2 to 100 percent. "In bankruptcy proceedings, the FNM reached a maximum recovery rate of 80 percent; however, in some cases it was almost zero," he said.

Top stories

Slovak scientist in the US: Slovak science needs more than just money to thrive

It seems as if we do not want skilled scientists to return home, says Dominika Truban, who founded a platform connecting Slovak researchers abroad and at home.

Dominika Truban

The Education Ministry to restore the analytical institute

The institute that is part of the Value for Money initiative was merged with another body at the beginning of the year.

Education Minister Martina Lubyová

New web app shows property owned by politicians

The aim is to clearly show publicly accessible information about public officials that is scattered through various state websites and registers.

Zsolt Simon

Blog: Helping others helps your company too

Tatiana Čaplová, Program Coordinator for CSR at the Pontis Foundation, offers a very interesting look behind the scenes of the most successful CSR event in Slovakia - Naše Mesto (Our City).

Bratislava