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Ruling coalition gives pending and future privatizations top priority

AFTER THE RECALL of Economy Minister Pavol Rusko, the remaining three ruling parties plan to speed up the privatization process of power producer Slovenské elektrárne, the Pravda daily reported.

The cabinet plans to complete the sale of Slovenské elektrárne by the end of this year as well as sell majority shares in six heating companies in Bratislava, Košice, Martin, Zvolen, Žilina and Trnava.

According to analysts, the sale should generate Sk40 billion (€1.03 billion) for the state budget.

It is expected that the first heating company to go on the market will be the facility in Košice.

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

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