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CEZ BULGARIA AD

Summary

Company ID (NIN)

131434768

Company owner / manager

  • CEZ a.s.

Country

Bulgaria

Capital

200,000

Total assets

37,906,000

Net loss for the period

178,000

Report year

2018

Currency

BGN

Industry

Energy/Utilities

Southeastern Europe Company Index (SEECI)

What is SEECI?

General information

About CEZ BULGARIA AD

CEZ Bulgaria EAD is the Bulgarian unit of Czech utility CEZ a.s. It manages the activities of CEZ a.s.'s subsidiaries in Bulgaria:

  • electricity supplying and trading company CEZ Elektro Bulgaria AD
  • distribution company CEZ Razpredelenie Bulgaria AD
  • electricity trader and exporter CEZ Trade Bulgaria EAD
  • metering service company CEZ Laboratories Bulgaria OOD
  • thermal power plant TETs Varna EAD.


Last updated on Oct 30, 2018.

Meta info
Status
Active
Legal form
Joint Stock Company
Incorporation date
June 6, 2005
NIN
131434768
Tickers
Stock Exchange
ISIN
Profile last updated
Oct. 30, 2018, 11:16 a.m.
Alternative names

    CEZ;
    CEZ Bulgaria JSC;

History

    Nov 19, 2004 - Bulgaria's Privatisation Agency sells 67% in each of the state-owned companies for electricity supply and distribution Elektrorazpredelenie (ERP) Stolichno EAD, Elektrorazpredelenie (ERP) Sofia Oblast EAD and Elektrorazpredelenie (ERP) Pleven EAD to Czech power utility CEZ a.s. for a total of EUR 281.5 mln.

    June 6, 2005 - CEZ a.s. establishes wholly-owned subsidiary CEZ Bulgaria EAD to take control over the operations of the parent company in Bulgaria.

    October 2006 - CEZ a.s. acquires 100% of TPP Varna (eastern Bulgaria) - the second largest TPP in Bulgaria and on the Balkan Peninsula with 1,260 MWh of installed capacity.

    Jan 3, 2007 - CEZ Bulgaria EAD takes up the management of power supply company CEZ Elektro Bulgaria AD, established by CEZ a.s. in line with European Directive 2003/54/EC, to take over the supply activities from ERP Stolichno, ERP Sofia Oblast and ERP Pleven, which retain the distribution activities.

    Nov 2, 2007 - Electricity distribution companies ERP Sofia Oblast and ERP Pleven merge into ERP Stolichno AD, which later changes its name to CEZ Razpredelenie AD. CEZ Bulgaria takes control over the operations of the new company.

    Jan 15, 2015 - The company's ISO 9001:2008 Quality management systems certificate expires.

     

    Last updated on Oct 30, 2018.

Management

Supervisory Board
Iitka Iashkova
Chairman of the Board
Vladimir Rziha
Deputy-Chairman of the Board
Pavel Cyrani
Member of the Board
Board of Directors and Executives
Karel Kral
Chairman of the Board and CEO
Dusan Ryban
Deputy-Chairman of the Board
Leon Vrska
Member of the Board
Tsvetanka Gencheva Georgieva
Member of the Board
Zornitsa Krasimirova Genova-Popova
Member of the Board

Contacts

Address
159, Tsarigradsko Shose Blvd.
1784
Sofia, Bulgaria
Telephones

+359 293 581 00
+359 700 100 10

Fax

+359 2 8959 667

Emails

zaklienta@cez.bg

Websites
www.cez.bg

Ownership

Name Direct holding Indirect holding Owner type Country
CEZ a.s. 100.0 Company Czech Republic

Subsidiaries and affiliates

Name Direct holding Indirect holding Country

Products and services

CEZ Bulgaria EAD is engaged in the management of CEZ Electro Bulgaria AD, CEZ Razpredelenie Bulgaria AD, CEZ Trade Bulgaria EAD and TETs Varna EAD, which are in charge of power supply, distribution, trade and export, and electricity production in western Bulgaria and Varna (eastern Bulgaria).

The company is also active in electricity metering services through CEZ Laboratories Bulgaria OOD.

Apart from the standard activities of supply and distribution of power energy, the company provides a wide range of additional paid and unpaid services, including 11 indirect services for bills payment, change of tariff rate, technical examination of electric meters and other activities.

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