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Culture Ministry to sell theatre buildings

SLOVAKIA’S Culture Ministry is selling two Slovak National Theatre buildings (SND) to finance the completion of the new SND complex, the Pravda daily reported.

Culture Minister František Tóth told a press conference August 11 that the sale of the SND’s P O Hviezdoslav building and the current SND headquarters, both situated in the centre of Bratislava, should be completed by the end of September.

The ministry hopes to earn Sk350 million (€8.9 million) from the sale of the two buildings.

The ministry will publish advertisements for the sale of the two buildings next week. The P O Hviezdoslav building was valued at Sk236.4 million (€6.07 million), and the SND headquarters at Sk115.1 million (€2.95 million).

Tóth said that these are the minimum prices and that the ministry will try to sell them for as much as possible.

The new SND building, which still needs Sk900 million (€23.09 million) to be completed, will be financed from the proceeds of the two old SND buildings and another Sk550 million (14.1 million) is hoped to be raised from the sale of plots surrounding the new SND complex.

Compiled by Martina Jurinová from press reports
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