Spectator on facebook

Spectator on facebook

EHP reportedly buys EDF's minority share in SSE

French company Electricité de France has reportedly sold its 45-percent stake in Stredoslovenská Energetika (SSE), one of Slovakia three main electricity distribution firms, for €500 million to the Czech energy group Energeticky a Průmyslový Holding (EPH), the SITA newswire reported, citing reports published on the Czech news website Motejlek.com.

French company Electricité de France has reportedly sold its 45-percent stake in Stredoslovenská Energetika (SSE), one of Slovakia three main electricity distribution firms, for €500 million to the Czech energy group Energeticky a Průmyslový Holding (EPH), the SITA newswire reported, citing reports published on the Czech news website Motejlek.com.

The companies, as well as the Slovak Economy Ministry, have not confirmed the reports yet.

“We will not comment on ongoing acquisitions,” said Daniel Častvaj, spokesperson for EPH, as quoted by SITA.

SSE currently supplies energy to nearly 712,000 customers. As well as electricity it also supplies natural gas. EDF bought its share in SSE more than 10 years ago for €158 million, SITA wrote.

EPH belongs to Czech businessmen Petr Kellner and Daniel Křetínský, as well as the Slovak J&T financial group, the Sme daily wrote.

Sources: SITA, Sme

Compiled by Radka Minarechová from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

Man from Russian sanction list trained president’s and PM’s bodyguards

Denis Riauzov is on the sanctions list and the secret services believe he is a Russian agent.

He survived the Paris attacks: Slovakia healed me, he says

I stepped back into life and learned to live again here. I don’t think I could have done it in Paris, says Thomas Tran Dinh.

I found people in Slovakia who try to understand and balance things, says Thomas Tran Dinh.

What does this man know?

Prosecutor searches for witness in the case of Ján Kuciak and Martina Kušnírová’s murder.

Identikit picture of possible witness in Kuciak murder case.

I am not afraid, I do not work like Kuciak

Sometimes trolls burst into our office and shout at us until we convince them to leave, but they never sue us, says David Crawford from the newsgroup Correctiv who were the first to discover who downed MH17 flight.

David Crewford