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RE: Hungary's MVM Poised to Buy Slovak Power Plant, Paper Reports



Sandy, 
Could you please direct me into the original news source?
Thanks,
Miro.

-----Original Message-----
From: Sandy Perle [mailto:sandyfl@earthlink.net]
Sent: Monday, March 20, 2000 11:15 AM
To: Multiple recipients of list
Subject: Hungary's MVM Poised to Buy Slovak Power Plant, Paper Reports


Hungary's MVM Poised to Buy Slovak Power Plant, Paper Reports

Budapest, March 20 (Bloomberg) -- MVM Rt., Hungary's monopoly 
electricity supplier, is poised to buy a gas-turbine power plant in 
Bratislava, the Slovak capital, Hungarian business daily Napi 
Gazdasag reported, citing Istvan Takacs, chief executive officer of 
the company. The company is seeking to expand into countries that 
border Hungary. MVM's profit rose more than fivefold to 10.8 billion 
forint ($41 million) compared with 1.9 billion forint in 1998 because 
of a rise in income from the Paks nuclear power plant, the newspaper 
said. 

Mol Rt., Hungary's oil and gas monopoly, also is aiming to expand in 
the region and bid for a stake in Slovak refiner Slovnaft AS.

------------------------------------------------------------------------
Sandy Perle					Tel:(714) 545-0100 / (800)
548-5100   				    	
Director, Technical				Extension 2306

ICN Worldwide Dosimetry Division		Fax:(714) 668-3149

ICN Biomedicals, Inc.				E-Mail:
sandyfl@earthlink.net 				                           
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Personal Website:  http://www.geocities.com/capecanaveral/1205
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