The Slovak Cabinet has postponed the deadline for binding bids for the state's 66% stake in Slovenske elektrarne (SE), the largest Slovak power producer, for six weeks to July 21, 2004. Recall that the government had already indicated that a postponement was likely due to unclear financing of the nuclear facilities in the future. Source: Czech Press Agency
Besides CEZ, the Russian RAO UES, the Italian Enel, E.ON of Germany and the American AES Corp. are also interested in SE.
Jan Hájek, Patria Finance