CEZ Group

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CEZ Group is an electricity conglomerate with operations in a number of countries in Central and Southeastern Europe and Turkey and is headquartered in the Czech Republic. As of December 31, 2011, the Czech Republic remained the company's largest shareholder with a nearly 70% stake in the stated capital. CEZ Group is currently one of the three largest heat suppliers in the CzechRepublic.[1]

Coal-fired power plants account for a majority of the installed capacity of CEZ Group. The company states that it purchases most of its fuel from the coal companies of northern Bohemia. The largest supplier of brown coal, Severočeské doly, is a member of CEZ Group.[1]

Apart from the electricity market, CEZ Group also deals in "telecommunications, informatics, nuclear research, planning, construction and maintenance of energy facilities, mining raw materials, and processing energy by-products."[1]

The CEZ Group operates in Romania, Poland, Slovakia, Hungary, The Netherlands, Germany, Turkey and Albania.[1]

Background

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References

  1. 1.0 1.1 1.2 1.3 "From A Czech Corporation to a Multinational Group" CEZ Group, accessed October 31, 2012.

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