CEZ

TMK Hydroenergy Power has started work on the new hydroelectric power plant in Caras Severin county, on the bottom drain of Valiug dam, with financing within the Energy in Romania Programme through the EEA and Norway financial mechanisms,…

The Romanian mergers and acquisitions (M&A) market recorded 91 transactions in 2020, compared to 110, in 2019, says a Deloitte analysis. According to Deloitte estimations, the total market value, including the transactions with…

Deloitte Romania advised the Czech energy group CEZ in the sale of seven of its Romanian subsidiaries, active in electricity distribution, supply and renewables, to the infrastructure investor Macquarie Infrastructure and Real Assets…

Fondul Proprietatea has urged the Ministry of Economy, Energy, and Business Environment, as majority shareholder of Hidroelectrica, to thoroughly consider the risks of acquiring CEZ assets and reject the Company’s request to submit a…

CEZ has launched a market test regarding the asset transfer process from Romania, the company has announced in a press release on Monday. The Czech energy company’s officials officially confirmed intention to sell the assets in Bulgaria,…

CEZ Group, the biggest Czech electricity producer, recorded last year losses of RON 229 million on Romanian market, after a negative result of RON 410 million in 2015, although it has increased its operational gains, the company’s officials…

The shares of CEZ, the biggest Czech electricity producer, recorded the most significant decline in six weeks, after its second-quarter profit was below analysts' estimates, after the assets depreciation in Romania, bloomberg.com informs.…

Romanian state has lost the lawsuit against the Italian company Enel at the International Court of Arbitration in Paris for failure to comply the privatization contract of Electrica Muntenia Sud and must pay court costs amounting to EUR 1.5…

The Romanian Television Broadcasting Company (SRTV) has designated, by open auction, on July 8, the supplier of electricity for the next 12 months: RCS&RDS, the largest operator of cable TV and fixed internet, which has become player on…

Czech-based CEZ ranks first in the top of the largest capital increase carried out by foreign companies in Romania in March 2016, according to Trade Register data. The electricity producer pumped over EUR 300 million in two companies…