Slovak cabinet halts privatisation of central heating companies and others

The cabinet of Prime Minister Robert Fico has halted the privatisation process of central heating companies and state shares in other firms that were planned to be sold during the previous government, the SITA newswire reported.

The cabinet of Prime Minister Robert Fico has halted the privatisation process of central heating companies and state shares in other firms that were planned to be sold during the previous government, the SITA newswire reported.

"Based on the approved government programme statement we propose to discontinue the ongoing privatisation process and halt steps leading to the transfer of equity stakes of the government privatisation agency, the National Property Fund, in business activities of the selected companies," stated a proposal from the Economy Ministry that was approved by the cabinet on June 20, as quoted by SITA.

The previous government had planned to privatise six central heating companies in Bratislava, Trnava, Žilina, Martin, Zvolen and Košice and to sell minority stakes in local bus transport operators. State-owned shares in Slovak Telekom, the Bratislava Stock Exchange and in the DMD Group as well as the Sliač and Bardejov spas and Policlinic Tehelná were earmarked for sale by the previous government.

Source: SITA

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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