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Most State-run Companies Under Remit of SaS and KDH
Wednesday 21 July 2010 Zoom in | Print page
Bratislava, July 21 (TASR) - The right to nominate directors of state-run companies will be assigned to the party that controls the ministry under whose remit the given company falls, with their supervision ensured by representatives of other parties sitting on supervisory boards, it was announced on Wednesday.
The National Property Fund (FNM) owns a 34-percent share in electricity utility Slovenske Elektrarne, with the Economy Ministry serving as executor of the stakeholder rights. This ministry is currently under the remit of Freedom and Solidarity (SaS), which nominated its minister Juraj Miskov. The Economy Ministry also has a 51-percent stake in Slovak gas utility Slovensky plynarensky priemysel (SPP) and electricity distributors in western, central and eastern Slovakia.
SaS will further be able to place its nominees in heating plants in Bratislava, Trnava, Zilina, Zvolen, Martin and Kosice; in oil-transport company Transpetrol and in Slovak Electricity and Distribution System. All the aforementioned companies are fully owned by the state.
The Transport, Posts and Telecommunications Ministry headed by Christian Democrat (KDH) chairman Jan Figel also has several firms under its remit, such as three railway companies, the Slovak Post Office, the National Highway Company and Bratislava Airport.
Zsolt Simon's (Most-Hid) Agriculture and Environment Ministry will supervise the directors of the Slovak Water Utility and forestry company Lesy SR.
SDKU-DS, which runs the Finance Ministry (with Ivan Miklos at the helm), will select nominees for lottery company Tipos, for example.
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