Press releases pg. 110
CEZ Group and U. S. Steel Kosice signed a memorandum of understanding
Czech energy utility CEZ and U. S. Steel Kosice (USSK) signed a memorandum of understanding which sets out the framework for a possible construction of power generating capacity in the production site of USSK in city of Kosice, Eastern Slovakia.
10. 1. 2008
CEZ clarified non-binding bid in the tender concerning Bulgarian Belene Nuclear Power Plant
Today CEZ power company submitted clarified indicative bid on the basis of an inquiry of the Bulgarian NEK power company which last year declared tender for a strategic partner in construction and operation of the Bulgarian nuclear power plant under construction .
9. 1. 2008
CEZ and MOL created strategic alliance focusing on gas-fired power generation
Prague, December 20, 2007 - Today, leading European energy companies CEZ (Czech Republic) and MOL (Hungary) created a strategic alliance and signed a joint venture agreement.
20. 12. 2007
The ČEZ Group raised the estimation of this year’s consolidated profit to CZK 42.6 billion, for the next year they expect the profit of CZK 46.6 billion.
At the same time the power company ČEZ decided to increase the dividend payment. From now 50 to 60 percent of the CEZ Group net profit should be allocated to dividends. So far it was 40 to 50 percent.
ČEZ temporarily suspends buy-back of share starting from Christmass holidays.