Press releases pg. 80

Foreign activities

CEZ Bulgaria received an International Business Stevie Award for being an Investor in Human Capital

On October 14 2013, during an official ceremony in Barcelona, Spain, CEZ Bulgaria EAD was awarded with a Silver Stevie Award in the ‘Human Resources’ category.

14. 10. 2013

Foreign activities

More heat for citizens of Katowice and Siemianowice Śląskie

The Polish Chorzów ELCHO power plant, belonging to the CEZ Group, the most modern and environmentally friendly power and heat producer in Silesia, is going to supply more heat to the citizens of Katowice and Siemianowic Śląskich.

20. 9. 2013

Economics and financial news

CEZ Group's Net Income in H1 2013 Reached CZK 28.6 bn

EBITDA rose by CZK 0.9 bn (1.9%) year on year to CZK 49.2 bn. Net Income grew by 5.3% y-o-y to CZK 28.6 bn. The CEZ Group has not changed its expected results for the entire year; EBITDA is expected to reach CZK 81 bn and Net Income CZK 37.5 bn. The main factor behind the y-o-y Net Income growth was the end of operations in Albania, correction factors for distribution in the Czech Republic, and trading in emission allowances. Negative factors included in particular declining electricity prices, a lower quantity of emission allowances allocated for production, and the overall uncertainty concerning the future direction of the energy sector.

13. 8. 2013

Power plants

European Commission Sanctioned the Sale of Chvaletice

ČEZ has received a letter from the European Commission in which the Commission approved the sale of the Chvaletice power plant to Litvínovská uhelná. There are no more obstacles that would prevent the power plant from being handed over to the new owner on September 2, 2013. This will also put a definite end to the investigation of ČEZ conducted by the European Commission.

2. 8. 2013