Radičová: Profitable companies won’t be privatised

The possible sale of shares owned by the state in companies is being considered only for firms that have long been loss-making, according to Prime Minister Iveta Radičová, speaking at a news conference following a government session on Wednesday, January 19.

The possible sale of shares owned by the state in companies is being considered only for firms that have long been loss-making, according to Prime Minister Iveta Radičová, speaking at a news conference following a government session on Wednesday, January 19.

“It is not true that successful companies making profits are being considered,” said Radičová, adding that no strategic companies are up for privatisation. “I want to object to impudent attacks against this government and the undeserved labels it is given,” Radičová said, as reported by the TASR newswire, in response to statements made by the opposition regarding the government’s privatisation plans.

The government on Wednesday discussed a proposal worked out by the National Property Fund in which it is suggested that the state sell its shares in several companies that it either partially or wholly owns. The list includes six local heating plants, 17 local bus transport companies (known under the abbreviation ‘SAD’), telecommunications operator Slovak Telekom, the Bratislava Stock Exchange, and spas in Sliač (Banská Bystrica Region) and Bardejov (Prešov Region).

Source: TASR

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

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