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

EU roaming fees to end on June 15 – in theory

Slovak customers still waiting to find out how mobile operators will implement change.

Archaeologist pieces together early history of what is now western Slovakia Photo

For an archaeologist, the most important thing is his most recent rare discovery, says Július Vavák.

Students visited Svätý Jur as part of their European Wanderer project

How to sell Slovak books to English readers

Slovak literature makes it to the big bookstores of London, but it is unlikely to become a bestseller yet.

On Wednesday, Slovak literature will be presented in one of the biggest bookstores in London. Among the new books translated into English is also the anthology of current Slovak prose selected and translated by Magdalena Mullek and Júlia Sherwood.

General Prosecutor filed a motion for the dissolution of ĽSNS

The Slovak Supreme Court received a motion to dissolve the extreme right ĽSNS party founded and led by Marian Kotleba.

Jaromír Čižnár