Talks start about change in ownership of SPP gas utility

The Economy Ministry and Slovakia’s National Property Fund (FNM), the country’s privatisation agency and owner of shares in several partially-owned state companies, will begin talks with Energetický a Průmyslový Holding (EPH) company over a taking a stake in ownership of Slovenský Plynárenský Priemysel (SPP), Slovakia’s primary gas utility. The issue is to be discussed by the government at its next session, the TASR newswire reported on June 18.

The Economy Ministry and Slovakia’s National Property Fund (FNM), the country’s privatisation agency and owner of shares in several partially-owned state companies, will begin talks with Energetický a Průmyslový Holding (EPH) company over a taking a stake in ownership of Slovenský Plynárenský Priemysel (SPP), Slovakia’s primary gas utility. The issue is to be discussed by the government at its next session, the TASR newswire reported on June 18.

SPP currently has two shareholders: FNM which owns 51 percent and Slovak Gas Holding, controlled by two foreign investors, German E.ON Ruhrgas and French company GDF Suez, with 49 percent of the shares.

The opening of talks means that EPH, controlled by the PPF Group owned by Petr Kellner, Daniel Křetínský and the J&T financial group, may become a SPP co-owner and the state’s partner in the utility, TASR wrote.

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.

Get daily Slovak news directly to your inbox

Top stories

News digest: Penta partner Haščák reportedly charged with corruption after a police raid

Anti-communist fighters will receive pensions. Sunk tugboat being drawn out of the water.

Jaroslav Haščák

Car industry needs to jump on the latest trends

Economy minister promises extensive support for hydrogen technologies in Slovakia.

The Hydrogen Technology Research Centre (CVVT) is to be launched at the end of 2020 or beginning of 2021 in Košice to do R&D in this field.

Responsibility goes hand in hand with EU advantages, says President Čaputová

President Zuzana Čaputová spoke with Vice President of the European Commission for Values and Transparency, Věra Jourová.

President Zuzana Čaputová

Half of all parents lack time to help their children with distance learning

Some have a hard time motivating their children, others do not understand the curriculum.