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FNM recommendation important in decision to sell heating plants

In deciding on the future of six state-run heating plants, the government identifies fully with the opinion of the National Property Fund (FNM), which recommended selling 100 percent of the shares, FNM executive committee chair Anna Bubeníková said after a government session on Wednesday, March 23, at which the proposal was discussed.

In deciding on the future of six state-run heating plants, the government identifies fully with the opinion of the National Property Fund (FNM), which recommended selling 100 percent of the shares, FNM executive committee chair Anna Bubeníková said after a government session on Wednesday, March 23, at which the proposal was discussed.

The price of the heating plants should emerge via an international tender, Bubeníková said, declining to comment on the expected income from the sale. The shares should be sold in the near future. "The task is to begin as soon as possible," she said, as reported by the TASR newswire.

The heating plants in question are located in Bratislava, Trnava, Martin (Žilina Region), Zvolen (Banská Bystrica Region), Žilina and Košice. According to an analysis approved by the government last month, selling the plants would be more beneficial for the state than collecting dividends. Earlier, the FNM assessed the total market value of the six heating plants at €160-200 million. Average annual dividends have earned the state around €4.2 million per year in recent years.

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.

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