Nuclear Power Plant news pg. 17
CEZ continues in the tender for the Macedonian distribution company AD ESM
CEZ Power Company has today submitted a binding offer for the majority share in the company AD ESM. The tender for a 90% share in the only Macedonian power distributor was announced at the end of last year. CEZ entered the tender for the distribution company in December 2005, and was short-listed, together with other three parties interested, at the turn of the year.
15. 3. 2006
CEZ Power Company paid another 15.5m EUR for Electrica Oltenia to the Romanian government
The economic health of CEZ Group's Electrica Oltenia is much better according to the post-acquisition audit. Net assets have increased by 107m RON (ca 29m EUR) after the economic audit for 2004 and the first nine months of 2005. Therefore CEZ is going to pay 15.5m EUR more for Electrica Oltenia, which represent a 51 % increase in net assets and correspond to the majority share of CEZ in Oltenia.
2. 2. 2006
CEZ has submitted a binding offer for Romanian distribution company Electrica Muntenia Sud
CEZ Power Company has today submitted, within a privatization tender, an official binding offer for a 67.5 % share in the Romanian distribution company Electrica Muntenia Sud S.A.
31. 1. 2006
CEZ has signed agreements to acquire the majority stakes in two Polish power plants Elcho and Skawina.
Today in Amsterdam, representatives of CEZ Power Company and PSEG Global have signed agreements about the purchase of all shares in PSEG Distribution BV and PSEG Silesia BV, the majority shareholders in Polish power generation companies Elektrownia Skawina S.A. and Elektrocieplownia Elcho Sp. z o. o. CEZ has definitely succeeded in both tenders for selling these companies by this act.