Tag: CEZ electro

CEZ Electro recorded 65 % profit drop in Q1 2022 – Bulgaria, 27 April 2022

Electricity supplier CEZ Electro recorded a net profit in the amount of 1.6 million euros in the first quarter of 2022, compared to a profit of 4.45 million euros in the same period last year. The company’s operating revenues rose to 213.8 million euros in the first three months of the year, from Full article […]

CEZ Electro’s net profit increased in 2021 – Bulgaria, 31 January 2022

Electricity supplier CEZ Electro recorded a net profit in the amount of 9.4 million euros in 2021, compared to a profit of 8.3 million euros in the previous year. The company’s operating revenues rose to 495.5 million euros last year, from 342 million euros in 2020. Operating expenditures increas Full article available for subscribers of […]

Eurohold’s buyout bids partially successful – Bulgaria, 12 November 2021

Eastern European Electric Company (EEEC), a wholly owned subsidiary of Eurohold Bulgaria, said that its offers to acquire the remaining 33 % stakes in electricity distributor CEZ Distribution Bulgaria and electricity supplier CEZ Electro Bulgaria was partly accepted by minority shareholders. EEEC Full article available for subscribers of Energy NEWS service (PDF publications, energy news, […]