Press releases pg. 153
CEZ Power Company has today signed an agreement about a sale of a 34 % share in CEPS into the hands of the state
CEZ Power Company has today concluded an agreement with the Czech Ministry of Finance about a sale of a 34 % share in CEPS (transmission system operator).
3. 9. 2004
International economic results of CEZ Group January - June 2004
The net profit of CEZ Group increased by 58 per cent
25. 8. 2004
The CEZ production in renewable sources is increasing
Power Company CEZ generated 811 GWh in renewable energy sources in the first half-year, which is 2.7 per cent of its total energy generation (30 647 GWh). Already in the first six months, it is a significantly higher production than the production for the entire last year when it was 616 GWh in these sources, i. e. one per cent of the total energy generation. This increase is based upon the fact that after the destructive floods in the summer in 2002 a number of hydro power plants were still out of order last year. Two power sets that are still out of order at Orlik will be put into operation by the end of this year. A higher biomass burning energy production is another factor that has influenced the increase.
9. 8. 2004
CEZ Power Company has terminated the tender for the sale of a 34 % share in CEPS
The management of CEZ Power Company has received a report from CA IB Corporate Finance, a. s., the organization and control advisor for the tender for the sale of a 34 % share in CEPS (transmission system operator), which states that no prospective buyer has entered into the tender.