Press releases pg. 75
CEZ Group Earns CZK 10 Billion in Q1
CEZ Group’s net income in Q1 2016 was CZK 10bn, which is a 32% increase year-on-year. EBITDA grew by 5% year-on-year. The growth was achieved in spite of a further decrease in wholesale electricity prices, primarily thanks to the Company’s successful business strategy.
10. 5. 2016
Temelín Stocks Up With Fuel
ČEZ increases fuel reserves in both of its nuclear power plants. Temelín already has fuel for two years of operation of Unit One. The fuel reserve for Unit Two will be increased during this year. In addition, transportation of fuel for this year’s campaign is underway.
9. 5. 2016
CEZ will propose to the General Meeting: gross dividend 40 CZK per share
At today´s meeting the Board of Directors of the power company CEZ decided on date of General Meeting of Shareholders and on proposal of the sum of the dividend from the last year’s profit to be submitted to the General Meeting of Shareholders.
28. 4. 2016
INVEN CAPITAL invests $23 million Dollars in Smart Thermostat company tado°
● INVEN CAPITAL, the venture capital arm of the international energy conglomerate CEZ, invests in tado°, the European market leader in intelligent home climate control ● Smart thermostats are leading the smart home sector / market potential in Europe alone over 2 billion Dollars by 2019. ● tado° among the world's best funded IoT startups / Venture capital rises to 57 million Dollars ● Focus remains on being the leader in intelligent home climate control / planned expansion of services and increased international growth