Premier Energy acquires CEZ Vânzare shares

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On December 21, 2023, the company CEZ Vânzare was acquired by Premier Energy. The transaction will enter into force after the prior completion of all necessary legal procedures.

Premier Energy is a gas supplier for domestic and non-domestic consumers (from the retail area, industry, trade), operates and owns a gas distribution network in Bucharest and in the areas adjacent to the capital: the southern and western areas of the country, as well as in smaller towns in the northern part of Romania.

The company is the third largest player in the profile market. The contractual provisions between the company and their customers, employees, suppliers or partners remain the same in the context of the transaction and the change of shareholder.

“The CEZ Vanzare team and the contact details remain unchanged in the following period. CEZ Vânzare’s strategy will remain focused on the activity of supplying electricity and natural gas and closely correlated with the needs of its customers,” informs a company’s press release.

CEZ Vânzare is the main supplier of electricity in southwest Romania, but also a supplier of gas natural, with a portfolio of domestic and non-domestic customers of approximately 1.2 million customers. The experience for over 17 years on the Romanian market allows CEZ Vânzare to adapt its products and services customer needs. 
The Premier Energy group is owned by the Czech investment fund, Emma Capital, controlled by the Czech entrepreneur Jiří Šmejc, who also serves as CEO of PPF, the largest investment fund in the region with assets of over 42 billion euros. Premier Energy PLC is the largest distributor and supplier of energy electricity in the Republic of Moldova, with a market share of about 70%
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