CEZ
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CEZ Distributie Seeks EUR152M Loan From EBRD
The European Bank for Reconstruction and Development (EBRD) will discuss lending RON675 million (EUR152 million) to CEZ Distributie, owned by Czech utility group CEZ, for investments in its...
SAPE: International Court Of Arbitration Ruled CEZ Must Pay EUR5.7M Damages
The International Court of Arbitration ruled that Czech energy group CEZ failed to observe two of the main obligations undertaken in the Electrica Oltenia privatization, and has to pay EUR5....
Romania Loses Arbitration Case Against CEZ In Paris
Romania has lost the arbitration case in which it sought payment of 85 million euros from Czech energy group CEZ for alleged failure to meet obligations in the Electrica Oltenia privatizatio...
CEZ Romania Set To Expand Portfolio In 2015
From an extremely rigid market, where consumers were captive to suppliers’ satisfaction, energy is now starting to undergo deep changes, compared by people in the field to those of the telec...
CEZ Operating Profit In Romania Down 6.3% To EUR109M In January-September
Czech energy group CEZ reported operating profit of 3 billion Czech korunas (EUR109.07 million) in Romania in January-September, down 6.25% from CZK3.2 billion in the year-earlier period, th...
CEZ Romania's 1H EBITDA Falls After Green Energy Aid Cut
Czech energy group CEZ Tuesday reported lower earnings before interest, tax, depreciation and amortization (EBITDA) in Romania for the first half, due to the authorities’ decision to postpon...
CEZ Stays In Romania, Puts Major Investments On Hold
CEZ Romania will stay on the local market, as it believes Romania has potential, but will not pursue any major development plans for the time being, says chief executive officer Martin Zmeli...
CEZ Romania’s CEO Jan Veskrna Leaves The Company
Jan Veskrna, the man who had run CEZ’s Romanian operations since the company entered the local market in 2005, when it bought former Electrica Oltenia, decided to leave as of July 1.
CEZ Romania: Tax Burden On Business Too Heavy
Burden on business in Romania is too heavy and the authorities keep raising the tax levels, an official of utility CEZ Romania said Tuesday.