Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

Past Smer MP to head Property Fund

BRANISLAV Bačík, a Smer MP between 2006 and 2010, has been named the chair of Slovakia’s National Property Fund (FNM). The FNM is the country’s privatisation agency and owns swathes of state property, shares in state-run companies and shares in partially-privatised companies. Bačík was nominated by the new leadership of the Economy Ministry, the TASR newswire reported.

BRANISLAV Bačík, a Smer MP between 2006 and 2010, has been named the chair of Slovakia’s National Property Fund (FNM). The FNM is the country’s privatisation agency and owns swathes of state property, shares in state-run companies and shares in partially-privatised companies. Bačík was nominated by the new leadership of the Economy Ministry, the TASR newswire reported.

Bačík was elected chairman of the board of trustees of the FNM in October 2010 and replaces Anna Bubení-ková as its new head.

Bubeníková was sacked by the Radičová cabinet on January 11 this year based on revelations in the so-called Gorilla file, an unverified intelligence report including purported transcripts of covertly recorded conversations between senior officials, including Bubeníková, and leading businesspeople that suggest corrupt activity. She denies accepting bribes.

Top stories

They reported corruption at the Foreign Ministry. Now they receive an award

The tenth year of the White Crow award, celebrating young people and activists who break prejudices and go against the tide.

White Crow award laureates

Blog: Slovakia’s time to shine is now

People may be able to recognise Slovakia’s neighbouring countries through associations with food, drinks, beautiful cities or well-known political events. But Slovakia remains very much "hidden".

Bratislava Castle

The day that changed the Tatra mountains for good Photo

The windstorm damaged 12,000 hectares of woods on November 19, 2004.

Tatras after the 2004 calamity

Smer follows a downward trend but may escape oblivion

What does the defeat in regional elections mean for the future of Slovakia’s strongest party?

“How could it be a fiasco when a political party wins most councillors among all parties?” asks PM Robert Fico.