CEZ AS , the Czech Republic’s largest power producer, postponed signing a contract with insurance broker Willis Group Holdings Plc for the construction of two new reactors at the Temelin nuclear power plant, E15 reported, citing CEZ spokeswoman Eva Novakova .
CEZ AS , the Czech Republic’s largest power producer, may refrain from pursuing a bid for part of Polish power group Tauron Polska Energia SA because it would not be able to buy a majority, analysts from Wood & Co. and Cyrrus said.
Poland got two bids for its stake in electricity generator ZE PAK SA after CEZ AS , the Czech Republic’s largest utility, and Polish power group Enea SA dropped out, leaving engineering company Rafako SA and RPG Partners Ltd. of Cyprus in the race.
Mol Nyrt., Hungary’s biggest oil company, has proposed that Martin Roman, Chief Executive Officer of the Czech power company CEZ AS, become a non-executive member of its board of directors, Tyden reported.
CEZ AS, the Czech Republic’s largest power producer, is doing due diligence for Polish power group ZE PAK and plans to submit a bid by June 30, Hospodarske Noviny reported, citing spokeswoman Eva Novakova .
CEZ AS , the largest Czech power producer, sold 500 million euros ($614 million) of 10-year bonds as developing-nation offerings in the currency revive after Europe’s sovereign debt crisis stalled issuance.