The private equity group Penta accepted an information memorandum and tender rules concerning a sale of a 100% shareholding in Železničná spoločnosť Cargo Slovakia, a.s. (ŽSSK Cargo) announced by the Slovak government and the Slovak National Property Fund.
Penta perceives a privatization of railway transportation as one of potential investment opportunities. A decision on submitting a preliminary bid and on further strategy will be adopted after studying all available information.
“If we decide to enter the tender, it is probable that we will participate therein within a consortium. At present we negotiate with several important foreign strategic investors on the creation of such a consortium and agreement on a potential cooperation is in a fair way,” Mr. Jozef Oravkin, Penta’s Partner, stated.