Press releases pg. 108
In 2008, the ČEZ group realized a profit at the amount of 47.4 billion CZK; it returned more into the public treasury on taxes and dividends.
In the last year, the energy ČEZ Group realized a net profit at the amount of 47.4 billion CZK, which means an increase of 11 percent on the previous year, despite the negative influence of the rising financial crisis at the end of the last year. The increase was due to the rise in wholesale prices, higher share of power production from nuclear sources, reduction of running costs and results of the ČEZ Group´s activities abroad.
3. 3. 2009
CEZ and Akkok finalized takeover of Turkish distribution company Sedaş
The agreement finalizing the block sale of 100% shares of the grid company SEDAŞ was signed between Prime Ministry Privatization Administration and Akkök-Akenerji-CEZ (AkCez) Consortium which won the tender with 600 million USD. The signing ceremony finalizing the sale and hand over of SEDAŞ was held on February 11, 2009, with the participation of top level management from Privatization Administration, Energy Market Regulatory Authority, SEDAŞ, Akkök Group, CEZ Group and Akenerji.
11. 2. 2009
CEZ Group has submitted an offer for German MIBRAG
A consortium of Severočeské doly (a brown coal mining company), member of the CEZ Group, and J & T Group have placed a bid for 100 % share in coal mining company Mitteldeutsche Braunkohlengesellschaft mbH.
19. 12. 2008
CEZ Group and Electrocentrale Galati signed the Memorandum of Understanding
Bucharest – Today, in the presence of Mr. Varujan Vosganian, Ministry of Economy and Finances, CEZ Group and the Romanian companies Termoelectrica and Electrocentrale Galati have signed the Memorandum of Understanding for Galati project.