Because of the high public interest and driven by our desire for full openness and transparency, we inform you that negotiations between Inercom Bulgaria and CEZ
Group regarding the possibility of the Bulgarian state to buy shares in CEZ
Bulgaria will be from the middle to the end the next week in Prague, and immediately after their completion, you will receive information on the progress of the talks and the decisions made, "says Inercom's letter.
Inven, founded by CEZ
in 2013, has a war chest of up to EUR 185 million (USD 204m) and focuses on the energy sector.
20 March 2015 - The CEO of Czech electrical company CEZ
is eyeing possible acquisitions in the near future, according to an interview he gave to Hospodarske Noviny on Friday.
It is aimed at giving all board members responsibility for a certain division and improving management effectiveness, CEZ
The divestiture of significant generation capacity will allow a new player to enter the Czech electricity market and to compete with the incumbent CEZ
Westinghouse Electric Company interim president and CEO, Shigenori Shiga, said, 'Westinghouse's proposal meets or exceeds all mandatory requirements established in the Temelin Tender to provide CEZ
with the most economically advantageous proposal.
decided to pull out from the project company, EnergoNuclear, in a move to focus on domestic investment and consolidate its existing assets abroad, CEZ
spokeswoman Eva Novakova told SeeNews.
Citing a CEZ
spokesman, the Hospodarske Noviny daily had earlier reported that the 48 million shares, worth around CZK40bn (USD1.
Signing of a contract for this $200m project by CEZ
and Skoda JS is scheduled for this month.
The actual nature of the rights in rem in the case between the CEZ
and the Land Oberosterreich is purely "circumstantial".
The strategic goal of CEZ
Group is to become the leader on the Central and Southeastern European electricity market.
The Czech prime minister has asked his Czech counterpart for talks with CEZ
Group leadership in case the Bulgarian state decides to take action to buy the electricity distribution company in our country, the government press service said.