Wednesday, March 25, 2009

The Czech sell airlines

Selection procedure for the sell of the czech airlines was announced. The new owner will be known by September. The government will choose the potencial buyers , who will not represent danger for the country. The bidder price will be decided in the second round. The government´s expectations about the profit after privatization are from 3 to 5 milliard czech crowns. Between the applicants for the czech airlines are Russian airlines Aeroflot, Czech company Travel Service, financial group Odien, PENTA. The rules of EU don´t allow the winner to have more than 49-percential part of profit.

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