CEZ

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…

The Court of Auditors has found many irregularities that took place during 2010-2014, in the electricity sector, from suspicious transactions with green certificates to unjustified hikes of the distribution tariffs made by the National…

Czechs from the electricity manufacturer CEZ decided to increase the share capital of Tomis Team SA and MW Team SRL, through which they operate Fantanele-Cogealac wind farm, Europe's largest onshore wind farm, economica.net informs. It’s…

„Have courage, go to Romania to see what it offers you and you'll discover a dynamic country with potential and desire of growth,” is the message that Jana Klokockova, President of the Mixed Czech-Romanian Chamber of Commerce and Industry…