Press releases pg. 141
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.
31. 10. 2005
CEZ has submitted a tentative offer for the Polish company Katowicki Holding Węglowy S.A.
CEZ Power Company has today submitted a tentative, not binding offer for the Polish coal company Katowicki Holding WÄ™glowy S.A. The privatization tender for a fully 10 % share in the company was announced by the Polish government at the end of this year´s August.
27. 10. 2005
The Temelin Power Plant acquired the valuation Safe Enterprise
The Temelin Power Plant acquired, together with another 9 Czech firms, the valuation Safe Enterprise. Hereby, it ranked with the Dukovany Power Plant (which defended the certificate today) in the society of 52 enterprises of the Czech Republic that hold this valuation of Industrial Safety level.
26. 10. 2005
The newest company of the CEZ Group has been founded CEZ Distribution Services, s.r.o., based in Ostrava.
A newly established company of the CEZ Group CEZ Distribution Services, s.r.o. is going to start its activity on July 1 next year. More than 2,200 people, placed all around the area of the CEZ Group, will find work there. Besides the employees of Severomoravska energetika, a.s., also employees of distribution joint-stock companies Vychodoceska energetika, Zapadoceska energetika, Severoceska energetika and Stredoceska energetika are moving there.