CEZ – Enel and Public Power Corp will submit binding bids in privatization of Bulgarian distributors

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Investiční bankovnictví KB

      Italian Enel and Greek Public Power Corp confirmed they would submit binding bids in privatization of Bulgarian distribution companies on deadline 9 July. The other investors are CEZ, German E.ON and Austrian EVN. The winner of the privatization tender should be selected by the end of July and the sale should be completed in autumn. Bulgarian government plans to sell the remaining stakes in the distributors (33%) after 2008.

       We expect CEZ to take part in the privatization of Bulgarian distributors. In our opinion, CEZ should prefer an acquisition of distributors to purchase of new generating capacities.

      Tyto zprávy pro vás vytváří Investiční bankovnictví KB.