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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.

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