The HN daily reports today that Unipetrol’s biggest subsidiary, Ceska rafinerska, is on the short list of bidders for the Slovak wholesale oil distributor Transpetrol (49% is to be sold to a strategic investor, 51% will remain with the Slovak government; privatization could be completed by the end of 2001). Neutral until the privatization is completed.
Separately, Paramo, a chemical company majority owned by Unipetrol, continues do sell off unprofitable subsidiaries. Good news, but expected.
(Ondřej Daťka)