In the first six months of 2011, the group’s EBITDA in Romania was EUR24.6 million.
The good result in the first half was fueled by higher wind production and increased revenue from receivables collected.
“Romanian state-run rail companies have paid all of their liabilities payable by March 2012, totaling CZK965 million,” CEZ said in its report.
The Czech group’s wind farms in Fantanele and Cogealac localities, southeastern Romania produced 456 GWh of electricity in January through June, up 30% on the year, CEZ said. The wind farms have 176 wind turbines with a total capacity of 440 MW.
For the whole of 2012, CEZ estimates a total wind production in Romania of over 1,000 GWh.
Group-wide, CEZ reported EBITDA of CZK48.4 billion in the first six months, up 10.3% on the year.