Articles for tag: CEZ

ČTK

State Receives Kc12.4 Billion Dividend From CEZ Energy

Prague, Aug 1 (CTK) – The Finance Ministry received Kc12.4bn worth of dividend from CEZ energy group on its account today, as August 1 is a day when the group starts paying out dividends to shareholders, CEZ spokesman Ladislav Kriz told CTK.   June’s general meeting of CEZ decided to pay a dividend of Kc33 ...

ČTK

CEZ Energy Leaks Possible Criminal Act

Prague, July 4 (CTK) – A possible leak to Bulgaria’s government about CEZ energy group’s plan to sell its Bulgarian assets was close to a criminal offence, Vaclav Paces, former chairman of CEZ’s supervisory board, told the server Neovlivni.cz.   He admitted the investigation into the case launched by CEZ in the spring, when he ...

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CEZ Energy Drives BCPP For 3rd Straight Day

Prague, July 3 (CTK) – CEZ energy group was behind the growth of the Prague Stock Exchange (BCPP), and the headline PX index closed today’s trading session 0.52 percent stronger at 1,076.02 points, the bourse said on its website.   Czech banks Moneta Money Bank and Komercni banka were doing well, while Austria’s Erste Bank, ...

ČTK

CEZ Energy Boosts Prague Bourse

Prague, July 2 (CTK) – The Prague Stock Exchange (BCPP) grew again today, mainly thanks to shares of CEZ energy group, with the headline PX index adding 0.59 percent to 1,070.50 points, according to the BCPP website.   CEZ reported the largest trading volume and the second biggest growth today. Its shares increased by 3.13 ...

ČTK

CEZ Proposes Kc21 Million Bonus Payout To Management

Prague, May 22 (CTK) – Czech energy group CEZ proposes paying out of Kc21m worth bonuses to its management for a general meeting which will take place on June 22, according to the invitation to the general meeting, no bonuses for the management were paid in the previous three years.   In 2015 and 2016, ...

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‘Unwise’ To Split Up CEZ Group: Trade Minister Huner

Prague, March 23 (CTK) – Splitting up energy utility CEZ due to the planned construction of a new nuclear source would be unwise, as it is necessary to assess its impacts on shareholders first, Industry and Trade Minister Tomas Huner said in today’s issue of daily Hospodarske noviny (HN).   In addition, the preparations for ...

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Pension System Needs Real Reform Not Band-Aid: Ivan Pilny

Prague, March 18 (CTK) – The use of privatisation funds for financing the planned pension hike as of next year will not solve anything, former finance minister Ivan Pilny said today, adding that it is necessary to reform the entire pension system.   The cabinet of Prime Minister Andrej Babis in resignation has recently approved ...

ČTK

CEZ Groups 2017 Net Profit Up 29% Year Over Year

Prague, March 18 (CTK) – Net earnings of Czech energy group CEZ increased by 29 percent yr/yr to Kc18.8bn last year, its sales staying at the 2016 level of Kc203.7bn, according to analysts polled by CTK.   CEZ will make public its business results for last year on Tuesday.   The net profit rose by ...

ČTK

CEZ Energy’s Sale Of Bulgarian Assets To Inercom Questionable

Prague, Feb 28 (CTK) – Bulgarian Prime Minister Boyko Borisov called Czech Prime Minister Andrej Babis on Tuesday in regard to CEZ energy group selling its Bulgarian assets, Babis told journalists today, denying sending Borisov documents on the issue.   Borisov said he had received confidential documents from Babis stating that Russian-Georgian companies based in ...