Spectator on facebook

Spectator on facebook

Cabinet hopes to complete ZSE privatization by year’s end

THE CABINET wants get about Sk15 billion (€385 million) from the privatization of 51 percent of energy distribution company Západoslovenská energetika (ZSE). Currently, only 49 percent of ZSE is in the hands of private investors and the rest is still in the hands of the state.

The daily Pravda discovered the information in a secret document submitted to the cabinet on October 5.

"The end of the year is realistic for finalizing the privatization of 51 percent if the contracts are signed as soon as possible,” Katarína Pecnová of Salans, the company that is acting as an advisor to the economy minister on the transaction.



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

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Another For a Decent Slovakia protest was also joined by farmers

People took to the streets for the eighth time.

Farmers with tractors awaited the protesting crowd at the SNP Square in Bratislava.

Coronations return to Bratislava Photo

This year Bratislava will recall the coronation of Leopold II, the younger son of Maria Theresa.

Bratislava will again enjoy re-enactment of coronation ceremony

Police detain another person in promissory notes case

Ex-director of private broadcaster TV Markíza, Pavol Rusko, was detained shortly after being heard.

Pavol Rusko

Last Week in Slovakia: Farmers staged a protest by driving across the country Audio

Listen to all the headlines from The Slovak Spectator's news podcast.

Farmers also met President Andrej Kiska in Bratislava