In the first three months of 2012, the group’s EBITDA in Romania was CZK1.4 billion.
The first-quarter results were fueled by higher production at CEZ’s wind farms in Fantanele and Cogealac, southeast Romania, the Czech utility said in its financial report.
The two wind farms produced 408 GWh of electricity in January through March, up 41% on the year. For the whole of 2013, CEZ estimates a total wind production in Romania of around 1,400 GWh, up 40% from 1,000 GWh in the previous year.
Broken down by segments, CEZ reported first-quarter EBITDA from production and trading of CZK1.4 billion in Romania, up 60% from CZK0.8 billion in the year-earlier period.
The group’s distribution and sale EBITDA on the local market fell 35% year-on-year to CZK0.4 billion.
Group-wide, CEZ reported EBITDA of CZK28.3 billion in the first three months, up 8% on the year.