Government to complete first privatisation after almost two years in office

The government has decided to sell its stakes in the Sokolovska uhelna and OKD coal mines, in what is the first major privatisation it has achieved in almost two years in office. Sokolovska uhelna is to be bought by Sokolovska tezebni, which is controlled by managers of its mines. The government's minority stake in the black coal company OKD is being bought by majority shareholder Karbon Invest.

Author: Rob Cameron