Press releases pg. 66

Economics and financial news

CEZ Group has already earned CZK 14.7 billion this year

CEZ Group reports CZK 14.7bn as its net income in the first three quarters of this year. After adjustment for extraordinary effects that are generally unrelated to ordinary financial performance, its net income was CZK 16.7bn. Its EBITDA was CZK 43.8bn. Decreasing realization prices of electricity accounted for CZK 4.5bn of the year-on-year decrease of CZK 4.6bn.

8. 11. 2016

Power plants

CEZ and Sokolovská uhelná have reached an agreement and put an end to their long commercial disputes

The agreement foresees a new purchase contract for the supply of brown coal from Sokolovská uhelná and the sale of the Tisová Power Plant by the CEZ Group to Sokolovská uhelná. In addition, both parties have agreed to take steps to put an end to all existing lawsuits and not to raise any more claims.

20. 10. 2016

Nuclear power plants

International Inspectors Check Spent Nuclear Fuel Relocation at Temelín

Cameras, seals, a range of protocols, and especially physical presence are the main surveillance tools of international inspectors when spent fuel is being relocated to storage. This weekend, checks in Temelín were completed by inspectors from the International Atomic Energy Agency, Euratom, and the State Office for Nuclear Safety.

3. 10. 2016

Foreign activities

ŠKODA PRAHA Signed Contracts for Pljevlja Coal Power Plant Construction in Montenegro

The contracts for a turn-key delivery of a coal power plant, signed today by the contracting entity and the investor, Elektropriveda Crne Gore A.D. of Montenegro, and the General Contractor tender winner, ŠKODA PRAHA a.s., a member of CEZ Group, brought to fruition several years of the Czech corporation’s effort to strengthen energy self-sufficiency of Montenegro.

29. 9. 2016