New player enters Slovakia's electricity market

A new electricity distributor, Slovenská energetická, a.s., has entered the Slovak energy market.

A new electricity distributor, Slovenská energetická, a.s., has entered the Slovak energy market.

Its marketing director Silvester Cintula told a news conference on September 3 that the company intended to sell electricity to households, companies and businesses all over Slovakia. "We want to compete with traditional electricity distributors such as the Západoslovenská Energetika, Východoslovenská Energetika or Stredoslovenska Energetika," he told the SITA newswire.

Slovenská Energetická said it wants to offer electricity to households at a price at least 10 percent lower than traditional distributors. Cintula explained that it would do this by what he called effective management of costs. The company’s marketing director said it would consider a one-percent market share by the end of the year as a success. Slovenská Energetická was established in August this year, with share capital of €100,000. Its shareholders are private individuals based in Slovakia.

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

Get daily Slovak news directly to your inbox

Top stories

News digest: Slovakia still dealing with the loss of its talent

Economy minister promises extensive support for hydrogen technologies in Slovakia. Far-right supporters protested in front of PM’s house during the weekend.

The far-right ĽSNS organised a protest in front of PM Igor Matovič's house in Trnava.

Hospital manners expose the toxicity of Kollár

Unjustified privileges overshadow some good news of the coalition's work. Halloween testing will not be repeated during advent time.

PM Igor Matovič (l) and Speaker of Parliament Boris Kollár

Sulík’s party benefits from the dispute with PM Matovič

The Hlas party of former PM Pellegrini is rising, too.

Economy Minister Richard Sulík (l) was charged by PM Igor Matovič (r) to purchase millions of antigen tests.

Anyone can publish a book. Authors often avoid publishers

Self-publishing is setting a new trend.

Nikoleta Kováčová has published two cookbooks without the aid of a publishing house.