Tag: CEZ

CEZ to invest 66.5 million euros in electricity network upgrades – Bulgaria, 8 February 2017

Bulgarian subsidiary of the Czech energy group CEZ, CEZ Distribution Bulgaria, announced that it plans to invest 66.5 million euros in electricity network upgrades in 2017, which is significantly more than in the last year. The statement from CEZ Distribution said that the distribution system is in good technical shape, which was verified by the […]

CEZ considering selling its business in Bulgaria – Bulgaria, 1 February 2017

Czech energy company CEZ said in late January that it is currently considering a withdrawal from the Bulgarian energy market. CEZ is the largest electricity supplier and distributor in the country, with over 3 million customers, annual revenues of about 720 million euros, which also owns several hydropower plants and, now defunct, thermal power plant […]

Over 18,000 CEZ customers in Sofia without electricity – Bulgaria, 28 January 2017

Between 18,000 and 25,000 customers of electricity supplier CEZ Bulgaria in the central part of the nation’s capital Sofia have been left without electricity after a fire broke out at the substation in Geo Milev district. Power was cut to most buildings in the district of Sitnyakovo. The fire started at 1:30 PM and the […]