About us

CEZ Group’s mission is to provide safe, reliable, and positive energy to its customers and society as a whole.

In the Czech Republic, CEZ Group companies also produce and distribute electricity and heat, trade in electricity and other commodities, and extract coal. The production portfolio consists of nuclear, water, photovoltaic, wind, coal, and gas sources. Furthermore, to its customers such as households, firms, cities, and towns, CEZ Group offers facilities for the production and storage of electricity and provides comprehensive ESCO energy services, for example, in conjunction with savings. Moreover, CEZ Group also focuses on innovation, being a shareholder in a number of cleantech companies in modern power engineering, and its subsidiaries heavily invest in scientific projects and R&D.

CEZ Group’s vision is to bring innovations for addressing energy needs and help improve the quality of life.

In its business endeavors, CEZ Group follows strict ethical standards, including a responsible approach in respect of its employees, the company, as well as the environment. CEZ Group is focused on its commitment to corporate responsibility. As part of its business activities, CEZ Group endorses the principles of sustainable development, supports energy efficiency, promotes new technologies, and creates an environment for the professional growth of its employees. Its corporate culture is focused on safety, steady growth in internal efficiency, and support for innovation in order to increase the CEZ Group value.

The current strategy was defined in 2019 in line with the Company’s updated business concept. In May 2021, as part of its accelerated strategy VISION 2030—Clean Energy of Tomorrow, CEZ Group defined strategic objectives for 2030 taking into account the EU’s decarbonization vision. At that time, we set specific ambitions in the area of social responsibility and sustainable development to maximize shareholder value.

The activities of associations are typically aimed at promoting the interests of members and improving the quality of the profession. The objectives supported include education, research, or representation of the profession in the public and international field. Such activities are very useful and are fully in line with legislation. However, in addition to its undeniable benefits, membership of associations also has its risks. Particularly in those groups which bring together representatives of competing companies. Like the notorious cartel agreements between competitors, decisions by associations encouraging members to coordinate their market behavior are prohibited by law. In particular, the most serious offenses are the coordination of prices of goods and services, the disaggregation of markets, including agreements to manipulate public procurement, and the restriction of generation volumes.