Nuclear Power Plant news pg. 13
Energy from one place
RWE group´s members in the Czech Republic and members of CEZ Group are going to open common custom offices this yearCustomers in six cities will be able to settle all matters regarding natural gas and electricity supplies at one place Cooperation of RWE and CEZ Group for the benefit of their customers
14. 6. 2006
CEZ Group has entered the Hungarian power market
CEZ Group has today officially opened its sales agency in Budapest to support its activities in Hungary. The Hungarian agency will expand CEZ Group´s trade network, which includes, together with the Czech Republic and Hungary, also Germany, Poland, Slovakia, Bulgaria and Romania. In the near future, CEZ Group is going to open sales agencies in other countries in the region of South-Eastern Europe.
1. 6. 2006
CEZ will gain heat distribution in the north of Bohemia
CEZ Power Company and Czech Energy Holding, a.s. (CEH), controlled by one of the founders and partners of J&T financial group, Patrik Tkac, agreed on a plan to carry out a transaction, which will result in integration of operation units of United Energy, a.s. ? controlled by CEH supplying heat to the localities of Chomutov, Teplice, Klasterec nad Ohri, Kadan and Bilina ? into CEZ Group, a.s., during the very year 2006.
19. 5. 2006
Net profit of CEZ (consolidated) in the first quarter of this year increased by 39 per cent to 10.4bn CZK
CEZ Power Company reached net profit of 10,371bn CZK in the first quarter of the year, which was a year-on-year increase of 39 per cent. Operating profit of CEZ Group was 14,816m CZK. The growth was mainly influenced by an increase in trade margin, higher sales, a significant improvement in the economic performance of Bulgarian distribution companies of CEZ Group and enlargement of the Group by the Romanian distribution company Electrica Oltenia. While revenues rose, the company managed to keep its costs under control and they grew at a lower pace.