CEZ AS

Detailed Description

CEZ, a. s., an electricity generation company, engages in the production, distribution, trade, and sale of electricity and heat in Western, Central, and Southeastern Europe. The company operates through six segments: Generation-Traditional Energy, Generation-New Energy, Distribution, Sales, Mining, and Support Services. It operates two nuclear plants, sixteen hydroelectric plants, one combined cycle gas turbine plant, and eight fossil fuel plants in the Czech Republic. The company, through its subsidiaries, also operates various fossil fuel, hydro, wind, solar, biogas, and biomass power plants in the Czech Republic; eleven wind power plants in Germany; two fossil fuel plants and two hydroelectric plants in Poland; one solar plant in Bulgaria; and a wind farm and a complex of hydroelectric plants in Romania. In addition, it is involved in the distribution of electricity; trade and sale of natural gas; mining of coal; quarrying and processing of construction aggregate and high-percentage limestones; and commodity trading. Further, the company engages in the planning, construction, and maintenance of energy facilities. CEZ, a. s. was incorporated in 1992 and is headquartered in Prague, the Czech Republic.