Spectator on facebook

Spectator on facebook

FNM prepares to close

The National Property Fund (FNM), which was set up in the 1990s to hold shares in Slovak state assets and manage various privatisations in the post-communist period, is preparing to terminate its activities by 2014, the TASR newswire reported.

The National Property Fund (FNM), which was set up in the 1990s to hold shares in Slovak state assets and manage various privatisations in the post-communist period, is preparing to terminate its activities by 2014, the TASR newswire reported.

“The FNM has already prepared the sequence of steps and measures that are inevitable in connection with this process,” said Miroslav Homola of the FNM, as quoted by TASR.

The abolition of the FNM is part of the government’s programme statement. Before it is closed down, the FNM has to finalise the privatisation of non-strategic companies, as well as to deal with the securities in former state companies transferred to it by members of the public. At the moment, FNM owns shares in more than 700 companies.

Source: TASR

Compiled by Radka Minarechová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

LGBTI people in the regions: We change people’s minds

Bratislava will dress up in rainbow colours this August again, for the seventh time. This will be for the Bratislava Dúhový Pride diversity festival. But the colours of the rainbow are less bright in the regions,…

Slovakia’s LGBTI community seeks to expand their rights.

Things that make us different also make us stronger

On August 19, a rainbow flag will fly over the US Embassy in Bratislava to represent the firm commitment of the United States to defending the human rights of LGBTI people, writes Ambassador Sterling.

The rainbow flag flew over the US Embassy in Bratislava in 2016.

Blog: 5 things you should do on your visit to the north of Slovakia Photo

Here is a list of tips by an experienced tour guide - including things you have probably not tried before.

Bratislava growing high Photo

High-rise buildings sprouting up in Bratislava

Visualisation of the future skyline of Bratislava