The group’s international units contributed CZK4.3 billion in total during the first three quarters. As a result, they now comprise 8% of the group’s economic results.
Tomas Pleskac, director of CEZ’s distribution division, said: We have bought our foreign companies for fair prices, and never overpaid. At present, we are successful in managing these companies, which has resulted in very good investment return that fulfils or even exceeds our expectations in all the companies.
In the first three quarters of the year, the group’s foreign power stations produced more than 5.5TWh of electricity and distributed almost 3,000TJ of heat energy. The group’s distribution companies in Bulgaria and Romania sold for 8.6TWh of electricity, and distributed 12.3TWh of electricity to their end customers.