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CEZ Group

Company nameCEZ Group
Company typePublic (PSE: CEZ, WSE: CEZ, FWB: [
Key peopleMartin Roman, CEO
Revenue(+) 196.35 billion CZK (2009)
Net income(+) 51.86 billion CZK (2009)
Employees32,707 (1Q 2010)

     Home | Company | CEZ

CEZ Group ( ) is a conglomerate of 96 companies (including the parent company ČEZ, a.s.), 72 of them in the Czech Republic. It is involved in the electricity generation, distribution, and trade. CEZ Group operates also in Albania, Austria, Bosnia and Herzegovina, Bulgaria, Germany, Hungary, Kosovo, Poland, Romania, Serbia, Slovakia and Turkey. ČEZ, a.s. is listed on Prague Stock Exchange, Warsaw Stock Exchange and ČEZ shares are also traded on the Frankfurt Stock Exchange.

ČEZ is the largest utility and biggest public company in Central and Eastern Europe. Its political activities have recently come under scrutiny. According to the Economist, "though nominally state-run, many see the power flowing the other way: from CEZ’s board into politics".

As of late 2010 the EU is investigating the company's activities.

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