CEZ, a. s. is a leading integrated energy company headquartered in Prague, Czech Republic. Established in the early 1990s through the restructuring of the former state electricity utility, CEZ has grown into one of Central and Eastern Europe’s largest power producers and distributors. The company’s core business encompasses electricity generation, distribution, trading and sales, as well as heat production and coal mining operations.
On the generation side, CEZ operates a diversified portfolio of power plants, including nuclear, coal-fired, gas-fired and renewable facilities. The company runs two nuclear reactors at the Dukovany and Temelín sites, which together contribute a significant share of its total output. CEZ has also invested in wind and solar farms, pursuing a gradual shift toward low-carbon and sustainable energy sources.
In addition to generation, CEZ manages extensive transmission and distribution networks across the Czech Republic, serving millions of residential, commercial and industrial customers. Through its trading arm, the company engages in wholesale electricity markets, energy procurement and risk management activities in order to optimise supply and meet demand in real time.
While CEZ’s principal market remains the Czech Republic, the company maintains a presence in neighbouring countries such as Slovakia, Poland, Hungary, Romania and Bulgaria through minority stakes in local utilities, joint ventures and investment projects. Majority-owned by the Czech state, CEZ operates under supervision of a government-appointed board, with an executive leadership team responsible for implementing its strategy of reliable power delivery and gradual decarbonisation.
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