State will buy 49% stake in SPP from EPH

Week in Slovakia

Tuesday – 3rd September 2013

Slovakia is ready for the possible interruption of gas supplies from Russia via Ukraine. (more information – automatic translation via Google Translate)

The General Assembly of company Stredoslovenská energetika (SSE) has approved the entry of a new shareholder. The 49-percent shareholder will be the Czech company Energetický a průmyslový holding (EPH). (more information – automatic translation via Google Translate)

Wednesday – 4th September 2013

The government has approved the purchase of 49% stake in Slovenský plynárenský priemysel from  Energetický a průmyslový holding. The state has once again become the sole shareholder of the SPP, announced after the meeting of Prime Minister Robert Fico. (more information – automatic translation via Google Translate)

The maximum contribution amount for the National Nuclear Fund is 2 mil. eur per year. (more information – automatic translation via Google Translate)

Gas reservoirs were filled in mid-August for 50% of total capacity. (more information – automatic translation via Google Translate)

Thursday – 5th September 2013

Vodohospodárska výstavba filed a criminal complaint against an unknown perpetrator for violations of obligations in the management of foreign assets, unauthorized trading and fraud. (more information – automatic translation via Google Translate)

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