Press releases pg. 98
CEZ Romania develops its business in renewables
CEZ Romania SA, member of the CEZ Group, finalized the acquisition of the hydroenergy system in Caras Severin County near Resita. CEZ Romania SA bought 100% stake in TMK Hydroenergy Power SRL.
6. 1. 2011
Large hydroelectric power plants produce extra clean power for over 17 thousand Czech households due to reconstructions.
In Prague on 13 December 2010 – the ČEZ Group will produce over extra 60,000 MWh of clean power in the horizon of 12 years in hydroelectric power plants compared to the current situation. An extensive program for increasing the efficiency of ČEZ hydroelectric power plants will enable covering of the annual demand of further 17 thousand households. At the same time it is an alternative to construction of renewable sources in new locations.
13. 12. 2010
New appearance of the ČEZ Supervisory Board
General Meeting of ČEZ, the power company, exchanged members of the Supervisory Board at its meeting today.
22. 11. 2010
CEZ Group generated profit valued at CZK 40.2 billion for three quarters of the year
Net profit of the energy CEZ Group generated for three quarters of this year has dropped on a year-on-year basis as expected. The drop by CZK 7.1 billion to CZK 40.2 billion is however deeper than analysts expected. Earnings before interest, taxes, depreciation and amortization (EBITDA) reached CZK 67.2 billion, which means a year-on-year decrease by 5.4%. Even in this case, the actual results surpass the analysts’ expectations.