From a small CHP supplier to a European leader in modern energy. After 10 years in the ESCO market, CEZ has 117 companies in 15 countries

CEZ Group celebrates 10 years on the ESCO services market. ČEZ ESCO operating in the Czech Republic was founded by ČEZ in 2015 and two years later it entered the German ESCO market. Today, ČEZ ESCO and its sister company Elevion Group operate in a total of 15 countries, where they have 117 companies and 182 branches and representative offices. The services offered include electricity and gas supply, construction and operation of energy facilities, including cogeneration and photovoltaic plants, HVAC, HVAC, electromobility or energy saving projects. CEZ's total annual revenues in ESCO services have risen to nearly CZK 50 billion in 10 years from less than CZK 2 billion previously, and total earnings before interest, taxes, depreciation and amortization (EBITDA) exceeded CZK 5 billion last year. In the future, CEZ expects sales and EBITDA growth in the ESCO sector of about 10 percent per year.