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CEZ saw a profit and can expand.
(From Access Czech Republic Business Bulletin)
CEZ (Prague, Czech Republic), power firm, increased its net profit by 60% to CEK 4.6 bil for 1 2005 compared to 1 2004. The profit increase was influenced by a 11% increase in the price of electric power in 2005 compared to 2004. The price growth was agreed by the state. CEZ's proceeds for electric power sales incresed by 3.7% to CEK 16.9 bil for 1 2005 compared to 1 2004. CEZ, which has been operating abroad since 2004, plans to go on expanding. The firm operates in Bulgaria and Romania and is interested in ...
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