Spectator on facebook

Spectator on facebook

Cabinet halts privatisation of heating plants

THE CABINET of Prime Minister Robert Fico has halted the privatisation process for six central heating companies that was initiated by the previous government as well as the sale of state shares in other firms, the SITA newswire reported.

THE CABINET of Prime Minister Robert Fico has halted the privatisation process for six central heating companies that was initiated by the previous government as well as the sale of state shares in other firms, 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 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 as well as state-owned shares in Slovak Telekom, the Bratislava Stock Exchange, the DMD Group and the Sliač and Bardejov spas plus the Policlinic Tehelná.

Top stories

Cloud computing becomes a standard

External servers are now much more secure than local business ones, according to experts.

Slovak firms have their eyes on the cloud.

Slovaks drink less and less

Behind the decline in alcohol consumption is, for example, the abandoning of the habit of drinking at work – typical especially during communism, according to an expert.

Kiska: Even Europe has its aggressive neighbour

President Andrej Kiska addressed UN commenting poverty, instability and climate change.

President Andrej Kiska

Arca Capital enters the banking sector

Czech and Slovak financial group acquires a majority share in Austrian private bank Wiener Privatbank.

Bank, illustrative stock photo