The vice-president of the Slovakian National Property Fund said yesterday that the deadline for binding bids for the state's 66% stake in Slovenske elektrarne (originally June 18) is likely to be postponed due to unclear regulatory structure of the energy sector. Recall that the due diligence process in SE should be finished in coming days. Source: Czech Press Agency
Separately, CEZ reiterated its plan to invest CZK130-140bn into building new lignite power plants over 2010-2017; it should decide on details by the end of this year. This statement is in line with previous comments. Neutral. Source: HN daily.
Jitka Oppitzová, Patria Finance