22. August 2002 at 09:29

Final privatisations agreed?

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Cabinet yesterday approved what it said would be its last privatisation deals before September elections, agreeing sales of medical facilities to local buyers and a 49 per cent stake in a Trnava SAD bus line to a Bratislava firm.

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Only three of the country’s 17 former SAD firms making up the national bus network remain to be privatised. Deputy PM for Economy Ivan Mikloš said that one project, the Trenčín SAD, would likely have to be approved by the next government given concerns over the debts owed by the current bidder, VIA - UNI from Trenčín.

Privatisation Minister Mária Machová, of the SOP party, said she thought the sale could still go through before the end of the government’s term, providing the political will existed.

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The 95 per cent owner of the firm, Jozef Krška, happens to be the chair of the SOP region’s regional council.

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

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