CEZ is reportedly interested in privatization of Bulgarian electricity distributors

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Investiční bankovnictví KB

      The company is reportedly interested in privatization of distribution companies in Bulgaria. The company’s plans was suggested in an interview for local magazine Energetika by company’s director for strategy Mr. Voboril. Bulgarian government plans to sell 51-70% stake in seven distribution companies this year with total annual sales of 19TWh. There are reportedly more than 60 companies interested in the privatization, out of which only five submitted binding bids.

       We cannot make any conclusion from this news for CEZ and therefore we consider it neutral. We need to know more details including purchase price, privatization conditions, payment conditions and possible liabilities for CEZ.

      

      Tyto zprávy pro vás vytváří Investiční bankovnictví KB.