Introducing Czech Power Company ČEZ
As a powerful, dependable, and stable partner, we are ready to help you realize your power supply plans and concepts.
Headquartered in the Czech Republic, CEZ Group is an established, integrated energy group with
operations in a number of Central and Southeastern European countries and Turkey. The Group's core business is the generation, distribution, trade in, and sales of electricity and heat, trade in and sales of natural gas, and coal extraction. CEZ Group has 26,000 employees.
The largest shareholder of its parent company, CEZ, a. s., is the Czech Republic with a nearly 70%
stake in the Company's share capital (as at June 20, 2014). CEZ, a. s. shares are traded on the
Prague and Warsaw stock exchanges and included in the PX and WIG-CEE exchange indices.
CEZ Group companies in the Czech Republic extract and sell coal, generate and distribute electricity
and heat, trade in electricity and other commodities, sell electricity, heat, and natural gas to end
customers, and provide other services. Their power generation portfolio consists of nuclear, coal-fired, gas, hydroelectric, and other renewable sources. To ensure continuity of CEZ Group's successful market presence in the Czech Republic, which it considers crucial for its business, its power
generation portfolio is being renewed, upgraded, and developed extensively, and distribution networks are upgraded and developed.
Abroad, CEZ Group focuses mainly on Central and Southeastern European markets. Its main activities there include electricity distribution, generation, trading, and sales. CEZ Group's subsidiaries in the Netherlands and Ireland are holding companies and companies providing financing.
CEZ Group is the owner or co-owner of production and distribution assets in Poland, Romania, Bulgaria, Hungary, Slovakia and Turkey. In Poland, CEZ Group operates two hard coal-fired power plants and two hydropower plants near the country's border with the Czech Republic and owns a developer preparing the construction of wind parks. In Romania, CEZ Group is involved in the generation of electricity from renewable sources as well as in electricity distribution and sales. In Bulgaria, it distributes and sells electricity in the western part of the country and generates electricity, mostly in a coal-fired power plant. In Turkey, CEZ Group and its local partner operate a distribution and sales company and generate electricity in gas-fired and hydroelectric power plants and wind parks.
In many European countries, CEZ Group trades in electricity and other commodities on wholesale
markets. CEZ Group sells electricity or natural gas to end customers in the Czech Republic as well as
Romania, Bulgaria, Turkey, Hungary, Poland, and Slovakia, in particular.
At the same time, CEZ Group's business activities are governed by strict ethical standards that include responsible behavior toward employees, society and the environment. In its business activities, CEZ Group embraces the principles of sustainable development, supports energy efficiency, promotes new technologies, and creates an environment for employees' professional growth.
In its strategy, CEZ Group reacts to new trends in the energy sector. It enters new business fields and offers its customers innovative products and services tailored to their needs.
It is CEZ Group's mission to provide safe, reliable, and positive energy to its customers and society as
a whole. CEZ Group's vision is to bring innovation to resolve energy needs and help improve the
quality of life. Its corporate culture emphasizes safety, continuous growth in internal efficiency, and the promotion of business segments' and employees' initiative in order to grow CEZ Group's value.
|General Company Information|
|Business name:||ČEZ, a. s.|
|Phone:||211 041 111|
|Fax:||211 042 001|
|Sector:||Energy (OKEČ Classification No 40.10)|
|Tax identification number:||CZ45274649|
|Bank:||KB Praha 1, account number 24003-011/0100|
|Core business:||Electricity generation and distribution|
|Heat production and distribution|
|Auditor:||Ernst & Young Audit s.r.o.|
|CZECH MADE award:||No|
|Ratings:||A- (Standard & Poor’s)|
Incorporated by entry in the Commercial Register kept by the Municipal Court in Prague, Section B, Entry 1581