FNM recommends selling 100-percent stakes in heating companies

The most favourable option when privatising the six heating companies owned by the state is to sell 100-percent stakes via public tenders with international participation, the National Property Fund (FNM) has recommended in an analysis drafted in co-operation with the Economy and Finance Ministries. The document is due to be submitted to the next government session.

The most favourable option when privatising the six heating companies owned by the state is to sell 100-percent stakes via public tenders with international participation, the National Property Fund (FNM) has recommended in an analysis drafted in co-operation with the Economy and Finance Ministries. The document is due to be submitted to the next government session.

In the analysis, the FNM evaluated other alternatives, such as selling 67-percent or 51-percent stakes to private investors and transferring the remainder free of charge to the city or town in which each heating company is located. The state currently owns six heating companies, in Bratislava, Trnava, Martin (Žilina Region), Zvolen (Banská Bystrica Region), Žilina and Košice. According to a previous analysis approved by the government in February, it would be more profitable for the state to sell the companies than to receive dividends. The FNM estimated the total market value of the companies to be €160-200 million, the TASR newswire wrote.

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.

Get daily Slovak news directly to your inbox

Top stories

Threats have worked. People queued for COVID testing before the official start

The nationwide testing in Slovakia started with four districts in the north. Here is a report from the first day in Orava.

Bardejov

Day two of pilot testing in hardest-hit regions is off to a smoother start

PM Igor Matovič and Health Minister Marek Krajčí are helping the sampling teams, too.

Trstená, the Tvrdošín district

Foreigner's Police will be closed during the lockdown

Those who have booked appointments from October 26-30 must reschedule.

The Foreigners' Police department in Dunajská Streda.

No test, no work. Employees will have to take paid or unpaid leave

Those who will be quarantined with a positive test result will be entitled to pandemic sick leave.

Illustrative stock photo