Press releases pg. 143
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.
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.