Spectator on facebook

Spectator on facebook

Finance Minister Mikloš says central heating plants will be sold

The Slovak government has decided to sell its state-owned heating plants, Finance Minister Ivan Mikloš announced at a press conference following a cabinet meeting on February 9, the TASR newswire reported. "We've issued a recommendation to the chair of the executive committee of the National Property Fund (FNM) that they, in conjunction with the Economy Ministry, should draw up a project on privatisation," said Mikloš.

The Slovak government has decided to sell its state-owned heating plants, Finance Minister Ivan Mikloš announced at a press conference following a cabinet meeting on February 9, the TASR newswire reported.

"We've issued a recommendation to the chair of the executive committee of the National Property Fund (FNM) that they, in conjunction with the Economy Ministry, should draw up a project on privatisation," said Mikloš.

The central heating plants are located in Bratislava, Trnava, Žilina, Martin, Zvolen and Košice.

"We'll privatise them via a tender. We haven't agreed on the proportion (of shares) yet, but it will be at least 51 percent," he said, while adding that FNM and the Economy Ministry are required to determine whether local governments should gain partial ownership.

Mikloš told TASR that experience has shown that management of the plants has not been effective. An earlier analysis estimated the market value of the companies at between €160 and €200 million.

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.

Top stories

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.

Slovaks in the UK do not have to fear Brexit

Brexit itself should not impact the position of Slovaks in the UK, an interim agreement between the European Union and Great Britain suggests.

Brexit, illustrative stock photo

Russians win the Tatry Ice Master 2018 Video

Ice-sculptors worked with a massive 50 tonnes of ice on the weekend of January 12-14; their sculptures remain on display.

The ice scupltures at Hrebienok, Tatry Ice Masters

The Bratislava airport has competition in Vienna

The airport in Vienna, only about 60 kilometres from the Slovak capital, gains 17 new low-cost airliner flights.

Illustrative stock photo