CEZ Group
CEZ Group started to deliver electricity to multinational companies throughout the whole Central and Eastern Europe
CEZ Group recently concluded first framework agreement under which it shall deliver electricity to Kraft Foods´ companies in five countries in the region of Central and Eastern Europe. More customers showed interest in such integrated regional supplies
2007. 1. 16.
Statement about prosecution of Supervisory Board members
The option program of CEZ was approved as a standard incentive instrument by the general meeting held in 2001. The basic information about its functioning, including the fact that it concerned also members of the supervisory board, was published at that time as well. Providing all members of the supervisory board with endowment life assurance was a standard practice in similar companies and the program was practised at CEZ from 1994.
2007. 1. 4.
Members of the CEZ management will carry out part of their options
Five members of the management announced the CEZ Company that they will carry out part of their options awarded within the CEZ share motivation programme. In case of all current members of the executive board it is just a little (at most 25%) part of shares, to which they are entitled according to the option contracts.
2007. 1. 2.
CEZ invests into multilateral Carbon Credit Fund (MCCF) administered by the European Bank for Reconstruction and Development and the European Investment Bank
CEZ power company entered, through its public declaration, into obligation to invest into reductions of CO2 emissions independetly as well as in a new way, through specialized funds and isntitutions, such as, the European Bank for Reconstruction and Development. One of the first steps is the commitment to put up to 10m euro, but minimally 5m euro, into the carbon fund of MCFF. The investment will go to Joint Implementation (JI) projects and Clean Development Mechanism (CDM) in the countries where the EBDR is active.
2006. 12. 13.
CEZ plans to invest in the construction of a new coal power plant in the Serb republic (Bosnia and Herzegovina)
Gacko, 4 December 2006 - Today in Gacko, the Premier of the Serb republic Mr. Milorad Dodik, and the Chairman of the Board of Directors and CEO of the CEZ Power company Mr. Martin Roman, signed an Agreement on Investment into a new coal power plant with an output of 600 to 700 MW and development of the adjacent coal mine. CEZ's future investment will reach about EUR 1.5 billion.
2006. 12. 4.
Atel will gain shares in ECKG Kladno and in Energeticke centrum Kladno from CEZ Group
CEZ Power Group and Atel Bohemia s. r. o. have come to an agreement about a sale of an 11 % share in ECK Generating s. r. o. and a 10.987 % share in ENERGETICKE CENTRUM KLADNO, s. r. o. owned by CEZ Group´s Stredoceska energeticka (STE).
2006. 12. 1.
CEZ Group´s customers will have a possibility to choose from three tariff product lines that vary in service range and price
CEZ Group has prepared a fundamental change in the offer of its products to its end household customers. They will be free to choose one of the offered service ranges, each at a different price, according to their expected needs. In contrast to the present, households will be able to save 120 CZK in case of selecting the Basic line or, on the contrary, pay extra for above standard services under the Exclusive line.
2006. 11. 23.
Net income of CEZ Group (without minority shares) in the first three quarters of this year increased by 44 per cent to 22bn CZK
The growth was influenced by historically highest production, increase in electricity sales, cost economies under the integration of CEZ Group and foreign acquisitions, the year-on-year contribution of which almost trebled. Stronger exchange rate of the koruna had a positive effect as well. While revenues were growing, operating expenses costs were successfully kept under control.