Latest CEZ Group Stories

2014-04-14 23:09:26

Westinghouse Electric Company is deeply disappointed in the decision by ČEZ, a.s. to cancel the Temelín nuclear power plant tender in the very final stages of the process. The company also stated that the termination negates the significant safety, environmental and economic benefits that are inherent to the Westinghouse AP1000® technology and the company’s “Buy Where We Build™” business model. PRAGUE (PRWEB) April 14, 2014 Westinghouse Electric Company is deeply...

2013-06-11 23:16:28

Westinghouse Electric Company today announced it has appointed Pavel Janík as managing director, Czech Republic. PRAGUE (PRWEB) June 11, 2013 Westinghouse Electric Company today announced it has appointed Pavel Janík as managing director, Czech Republic. Mr. Janík will lead Westinghouse operations in the Czech Republic and becomes President of Westinghouse Czech Republic in this newly-created position. He will be responsible for stakeholder relations. Additionally, he...

2010-07-28 03:58:00

PRAGUE, July 28, 2010 /PRNewswire-FirstCall/ -- Ness Technologies, Inc. (NASDAQ: NSTC and TASE: NSTC), a global provider of information technology solutions and services, announced today the signing of a contract with CEZ Distribution, a.s. to deliver a dispatching system for its distribution network management, in a deal worth CZK 250 million, or approximately $12.2 million. Ness won the contract in a public tender published by CEZ Distribution, the largest power distribution company in...

2008-10-10 09:00:46

CEZ (Prague, Czech Republic), semi-state power group, won a tender on takeover of 76% of shares in the distribution company Operatori i Sistemit te Shperndarjes (Albania) at the end of Sep 2008. CEZ has offered about EUR 102 mil, about CEK 2.5 bil, for this company having nearly 1 mil customers. (c) 2008 Access Czech Republic Business Bulletin. Provided by ProQuest LLC. All rights Reserved.

2008-10-08 09:00:42

Czech power company CEZ Group has announced that it will buy the exact half of the Akkok Group's majority stake in Akenerji Elektrik Uretim for $302.6 million. In addition to the present established power of 496MW and renewable energy investments of 390MW, Akenerji will reportedly increase its electricity production capacity by attaching importance to source diversity. Together with the CEZ Group, Akenerji plans to reach 3,000MW of installed capacity in five years. The planned investment...

2008-10-02 06:00:31

CEZ (Prague, Czech Republic), power company, will build a power plant in the city Galati, Romania. The project is to include modernization of existing power plant and building of completely new one. CEZ will cooperate with the company Electrabel (Belgium) on the project. CEZ will also invest about CEK 27 bil in wind power plants' building reaching a capacity of about 600 MW in Romania. (c) 2008 Access Czech Republic Business Bulletin. Provided by ProQuest LLC. All rights Reserved.

2008-09-22 09:00:49

CEZ (Prague, Czech Republic), power group, will buy 25% of shares plus one share of the company Elektrownia Skawina (Poland) for PLN 92.6 mil, about CEK 657 mil. It will buy the share from the Polish state. So CEZ will get control over nearly 100% of the company. CEZ is also interested in investments in Kazakhstan and Vietnam. (c) 2008 Access Czech Republic Business Bulletin. Provided by ProQuest LLC. All rights Reserved.

2008-09-17 09:00:44

Czech power generator CEZ has signed a contract with the Polish State Treasury Secretary, Aleksander Grad, to acquire a 25% plus one share stake in the Polish power station, Elektrownia Skawina, for CZK672 million. Following this, CEZ has acquired the property share of approximately 99.98% in Skawina, in which it purchased the majority share of 75% in May 2006 from the US-based utility Public Service Enterprise Group. The installed capacity of the Skawina bituminous coal-fired power plant...

2008-09-03 09:00:39

CEZ (Prague, Czech Republic), power group, will invest roughly CEK 27 bil, EUR 1.1 bil, in the construction of wind power stations in the province Dobruda in Romania. The farms should have an installed output of about 600 MW. CEZ agreed on the purchase of the project with Continental Wind Partners LLC, which will go on the management of the project. About 60% of Romania's electric power production was ensured at thermal power stations, 28% at hydro- electric power plants and 12% at nuclear...

2008-08-28 09:01:10

Cez Group and Continental Wind Partners, a renewable power developer, have concluded the sale of Continental Wind Partners's adjacent Fantanele and Cogealac wind farms in Romania to Cez. The two projects will together have a total capacity of approximately 600MW. The total investment of the Cez Group into the project will reach E1.1 billion. Fantanele and Cogealac are situated in the Dobrogea province, north of Constanta, about 17km from the Black Sea. The project will become operational...

Word of the Day
  • A gigantic fictional humanoid alien god being described with a head resembling an octopus and dragon wings and claws, around whom an insane cult developed.
  • Pertaining to the mythos of Cthulhu and additional otherworldly beings created by H. P. Lovecraft or inspired by his writings and imitators.
This word was invented in 1926 by H.P. Lovecraft for his short story, 'The Call of Cthulhu.' 'Cthulhu' may be based on the word 'chthonic,' which in Greek mythology refers to the underworld.