Press releases pg. 147
Transformation and integration year of the CEZ Group
A transfer of 4,400 employees and of assets in the amount of 74b CZK will take place within the CEZ Group this year
30. 6. 2005
Risen rating of CEZ Power Company
Moody´s, a credit rating provider, has raised the long-term financial strength rating of the Power Group CEZ to a new, A3 category, from the previous Baa1. Standard & Poor´s raised the rating of CEZ as well this month, when it moved the rating outlook in the BBB+ category from "table" to "positive".
23. 6. 2005
CEZ does not know electricity prices for 2006 so far
Trade prices will result from market interaction of offer and demand in the whole region of Central Europe and will not be known until the contract period for next year, i. e. during August and September.
15. 6. 2005
CEZ was first in Europe to sell electricity on the European market for more than 40 EUR per MWh
The CEZ traders topped trade sections of other European power firms yesterday. CEZ used its flexibility and was the first power trader to sell power supply for next year for over 40 EUR per MWh on the German market. The volume of the deal totals roughly CZK 54m.