Business

CTU To Launch 5G Auction In November

The auction for fast 5G mobile networks will start in the first half of November, according to the CTU. All seven applicants who have applied will be able to take part in the competition. “Although we expect the active phase to end by Christmas at the latest, due to the legislative deadlines, the allocations will […]

MIRA Acquires CEZ’s Romanian Assets

CEZ Energy Group has sold most of its Romanian assets to Macquarie Infrastructure and Real Assets (MIRA). The companies have signed an agreement. The deal is subject to the approval of the European Antitrust Authority and the Romanian State Security Council. The company did not disclose the price. The sale includes a total of seven […]

Sev.en Energy Fast Tracks Acquisition Of CEZ’s Pocerady Plant

Pavel Tykac‘s Sev.en Energy group will take over the Pocerady brown coal power plant from CEZ by the end of the year. It will become the new owner three years earlier than initially planned. The original agreed-upon price of two billion crowns for the transfer in 2024 increased to 2.5 billion crowns.  They agreed to […]