Gas company SPP in expected nationalisation

Gas company SPP in expected nationalisation

Slovakia could soon be in possession of a 100% stake in gas utility SPP, Slovenský Plynárenský Priemysel. Spokesman of the ministry of Economy Stanislav Jurikovič said about the proposed re-nationalisation should go through soon, as they are expecting to buy the 49% stake held currently by Energetický a průmyslový holding (EPH). 

“All of the conditions should be resolved soon. Mostly technical parameters such as storage tanks, but we do think that the whole process should be concluded with a month” said Jurikovič.

(translated from HN)

George Christopher

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