Press releases pg. 155

Others

CEZ General Manager Revoked

The Board of Directors of CEZ decided at its irregular meeting on this 26th April to revoke CEZ General Manager Mr. Stanislav Svoboda. The current Executive Director for Economy Mr. Petr Voboril was appointed to manage the company pending the regular general meeting.

26. 4. 2000

Others

A New CEZTel's Step to Prepare for Liberalization of the Telecommunication Market

The power-generation company CEZ had established in the end of the last year its daughter joint-stock company CEZTel to operate a digital communication network built during the nineties for the needs of the power engineering sector.

25. 4. 2000

Others

CEZ Has Successfully Increased Its Promissory Notes (P/Ns) Program

With the aim to provide for the largest in its history and, regarding the price, the most efficient resource of CEZ current financing, a P/Ns Program had been set up last March amounting to CZK five billion for the period of three years. Recently the P/Ns Program has been increased up to the total volume of CZK nine billion.

19. 4. 2000

Others

CEZ Uses as Secondary Materials Almost Fifty Percent

Simultaneously with desulphurization of its power plants, the power-generation company CEZ has been paying its attention also to other areas of protection of the environment, i.e. the use of waste. Almost a half of energy by-products were used last year as secondary materials, and CEZ intends to even increase the percentage.

19. 4. 2000