Press releases pg. 179
CEZ launches a new product: "rainbow electricity"
The electricity provider CEZ has prepared a completely new and revolutionary product range, which is to be launched on the newly opened market at the beginning of next year. These include several types of electricity provision and supply, each of which is characterized by a distinct color and, more importantly, by a different price. Each color represents a different product, but by extension also a certain section of the output generated by CEZ power plants that cover the particular supply.
5. 9. 2001
Business performance of the electricity producer CEZ, a. s. in the first half-year of 2000
In the first half of this year the CEZ joint-stock company succeeded in cutting down its costs by 802 million CZK, in comparison with last year, and also managed to increase its total revenue by 923 million CZK up to 30.9 billion CZK. Profit after taxation increased by 1.6 billion CZK (i.e. by more than 52.1%) and totalled 4.6 billion CZK, which was due to increased revenues, reduced costs and lower income tax.
8. 8. 2001
The Statement of the Power Company CEZ, a. s. with respect to business relations with the company E.ON as of 31st of May 2001
The Power Company CEZ has perceived that, due to political tensions occurring between Austria with the Federal republic of Germany and the Czech republic in connection with the situation in the field of power industry, the conditions for placing of domestic products in neighbouring countries show trends to worsen.
31. 5. 2001
Business Results of the Czech Power Company CEZ, a. s., in the I. Quarter of 2001
"In the first Quarter of this year our company achieved the net profit amounting to 3,294 CZK millions, i.e. by 357 millions CZK (by 12.2 percent) more in comparison with the previous year. According to international accounting standards (IAS) the net income made 4,741 CZK millions so that, in the inter-yearly period, an increase of 656 CZK millions (by 16 percent) was realized. This increase was achieved thanks to continuous decrease of our expenses and due to higher earnings..."