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Head of Slovak State Power Transmission Company Unexpectedly Removed Days After Announcing Record Profits

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The director of SEPS, Slovakia's state-owned electricity transmission company, has been abruptly removed from his post just days after publicly announcing what he described as outstanding financial results for the company. The sudden departure came as a surprise, given that the announcement of strong performance would typically signal stability in leadership rather than a change. The director had previously raised his public profile during a recent oil supply crisis, when SEPS played a role in managing energy security issues affecting Slovakia. No official explanation for the dismissal was immediately provided. The unexpected removal of the head of a key state energy infrastructure company raises questions about political influence over state-owned enterprises in Slovakia, where government-appointed executives at strategic firms are frequently subject to changes driven by shifts in political priorities rather than business performance.

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