Posted by on 24 Feb 2011. Filed under Business, Top news. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Government to decide on heating companies in March

The government should make a final decision regarding the potential sale of the six major heating companies in the country at the beginning of March.

The government has said that it does not expect the privatisation of the heating companies, whether wholly or partially, to lead to a hike in the price of heat. The opposition thinks the reverse, of course.

Prime Minister Iveta Radicova has raised the idea of having some independent authority oversee the tenders, in an attempt to avoid any corruption or cronyism taking place in the privatisation. She mentioned specifically the European anti-fraud office OLAF.

Now the decision is down to what the Ministry of Economy, Ministry of Finance and the national privatisaiton agency FNM recommend. i.e. what percentage in the respective companies will be up for sale.

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