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IN SHORT

Cargo sale - two bidders out

THE FIGHT for the 100-percent stake in Slovakia's railway cargo transportation company, ZSSK Cargo Slovakia, is heating up. In June 2005, 14 companies submitted preliminary bids for the profitable firm, and eight were shortlisted.

According to the Hospodárske noviny business daily, unofficial information now suggests that two of them, as yet not named, will not submit binding bids, which are expected by January 20. The privatization advisor PricewaterhouseCoopers does not expect the lower number of bidders to have a negative impact on the purchasing price.

Slovakia wants to gain Sk15-20 billion (€383-510 million) from the sale. The money will be used for the elimination of debts of the passenger railway transportation company ZSSK and railway network operator ŽSR.

Top stories

End of investigative show a cause for concern

Media freedom watchdogs believe the scrapping of the only investigative show on public-service television is a threat to its independence.

Jaroslav Rezník

Proxy for Roma criticises minister Kaliňák for ethnical and group discrimination

The government proxy slammed Interior Minister Robert Kaliňák for the draft law on repressing criminality in Roma settlements, for populist discrimination and preferring repression to prevention.

Roma communities, illustrative stock photo

Slovak racer Svitko finished at Dakar Video

After a serious fall in the tenth leg, Slovak motorcyclist Štefan Svitko resigned from the 40th year of the Dakar Rally due to pain in his upper body.

Štefan Svitko

Carmakers in Slovakia produced more than one million cars last year

2018 will be critical for Slovakia’s automotive industry, claim sector’s representatives.

Most cars produced in Slovakia head for export.