Press releases pg. 28
CEZ Group net income surpassed 14bn CZK and rose by 27 % compared to the previous year
CEZ Group consolidated economic results for 1st-3rd quarters 2005
30. 11. 2005
SMOKING FINISHED! A blast of the highest-ever chimney of reinforced concrete in the Czech Republic
196 metres high chimney of Tusimece I power plant (ETU I) will come to the end of its operational life once and for all today. The chimney will be blasted within the demolition of the shut-down ETU I plan. A heap of debris of reinforced concrete weighing more than 10 thousand tons will remain of the past dominant of the plant.
28. 11. 2005
Renewal of CEZ´s brown-coal resources opportunity for firms in the district of Usti
CEZ Power Company, as the owner and operator of brown-coal fired plants in the district of Usti, has prepared an extensive program concerning renewal of the production platform, whose life span ends after 2010. CEZ Power Company is going to rebuild completely its coal-fired plants in Tusimice and Prunerov. Ledvice and Pocerady, the localities of the present plants, have been chosen for the new plants. CEZ is going to invest more than 100m CZK into the resources renewal.
2. 11. 2005
Net profit of CEZ (non-consolidated) for the first three quarters of this year increased almost twice to 13.4bn CZK
CEZ Power Company reached operating profit of 14,959bn CZK in the first three quarters, which represented a year-on-year increase of 60 per cent. Net profit amounted to 13,420bn CZK, which was a year-on-year increase of 94 per cent. The increase in net profit was mainly influenced by dividends received from daughter companies in the amount of roughly 4bn CZK. Company´s revenues rose by 4bn CZK, costs fell by over 1.5bn CZK.