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State appoints managers to Slovenské Elektrárne’s boards

On Wednesday, February 9, the National Property Fund (FNM) appointed managers who will represent the state on the boards of the country’s dominant power producer Slovenské Elektrárne, a.s. Company spokeswoman Janka Burdová told the SITA newswire that based on the fund’s proposal the company’s General Assembly at the end of last week elected new members of the board of directors and the supervisory board.

On Wednesday, February 9, the National Property Fund (FNM) appointed managers who will represent the state on the boards of the country’s dominant power producer Slovenské Elektrárne, a.s. Company spokeswoman Janka Burdová told the SITA newswire that based on the fund’s proposal the company’s General Assembly at the end of last week elected new members of the board of directors and the supervisory board.

Rastislav Antal replaced Viliam Kupec on the board of directors; Robert Mistrík and Jan Marušinec were appointed new members of the supervisory board of Slovenské Elektrárne, replacing Eduard Strýček and Milan Škultéty.

Mistrík also became the supervisory board chairman, the TASR newswire wrote. Political nominations to management posts in state-run firms or firms co-owned by the state will soon stop, according to coalition leaders. Prime Minister Iveta Radičová said that the government will discuss draft rules on the selection, management, and remuneration of board members in state firms, describing the current system of political nominations as having failed. New managers of state firms should in future be picked in public contests by selection committees based on defined rules and qualification requirements.

Slovenské Elektrárne is the largest producer of electricity in Slovakia. Italy’s Enel S.p.A. controls a 66-percent stake in SE following the completion of its privatisation in April 2006, while the FNM owns the remaining 34 percent. The power producer operates facilities with an installed capacity of 5,693.24 MW of electric energy. The company operates 2 nuclear power plants, two thermal and 34 hydroelectric power plants.

Source: SITA, 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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