Press releases pg. 72
ČEZ Not to Exercise Its Option to Sell Počerady Power Plant
The energy company ČEZ decided not to exercise its first option to sell the Počerady power plant to Vršanská uhelná a.s., a mining company from the Czech Coal group. ČEZ will still have another chance to sell the plant as of 2024 if it decides to do so.
22. 5. 2015
Pavel Cyrani and Michaela Chaloupková confirmed as Board Members
The Supervisory Board of ČEZ, a.s., at its meeting held today, elected Pavel Cyrani and Michaela Chaloupková to another four year term as members of the Board of Directors, commencing as of this October. "With the approaching end of the original mandate of both top managers, the Company has made it clear that it plans to have them serve in their positions in the future as well. This will ensure their continuity in key areas of the company's management," explained the chairman of the Supervisory Board, Prof. Václav Pačes.
22. 5. 2015
CEZ Group's Škoda Praha to supply coal block to Montenegro
Škoda Praha has won, in competition with nine companies, in a tender to select a supplier for a 250 MW block for a coal power plant in Pljevlja, Montenegro. The Czech solution offered the highest efficiency, availability and long-term knowledge in the sector. The value of the contract exceeds CZK 9 billion and will help restore the region's environment in accordance with European regulations.
20. 5. 2015
In Q1 2015, CEZ Group generated a profit of CZK 7.6bn and resolved to propose a dividend of CZK 40 per share.
Operating Profit Before Depreciation (EBITDA) for Q1 2015 reached CZK 19.1bn, Net Profit was recorded at CZK 7.6bn and the company’s market capitalization rose to CZK 335.2bn. CEZ Group met the initial expectations for the whole year, which expect EBITDA to reach CZK 70bn and Net Profit adjusted for extraordinary items at CZK 27bn.