Spectator on facebook

Spectator on facebook

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.

Top stories

Bratislava councillors want gambling regulation, not ban

Seventeen councillors do not agree with total prohibition of gambling in the capital, they want to continue in its strict regulation.

Unemployment rate keeps decreasing

Positive development of Slovakia’s economy seen behind the decrease.

European Investment Bank supported Slovakia with €918 million in 2016

2016 was a successful year for the EIB Group in Slovakia, said EIB Vice-President Vazil Hudák.

Vazil Hudák

Slovak film won Generation Kplus section at Berlinale

The film Little Harbour that won the Crystal Bear – beating movies from many other countries - is the work of (mostly) Slovak women.

Director of Little Harbour, Iveta Grófová, with the Cristal Bear