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CEZ Electro Bulgaria AD

Summary

Company ID (NIN)

175133827

Company owner / manager

  • Individuals
  • Other
  • CEZ a.s.

Country

Bulgaria

Capital

50,000

Total assets

327,238,000

Net profit for the period

36,348,000

Report year

2017

Currency

BGN

Industry

Power & Gas Distribution

Southeastern Europe Company Index (SEECI)

What is SEECI?

General information

About CEZ Electro Bulgaria AD

CEZ Electro Bulgaria AD is a Bulgarian electricity supply and trading company, majority-owned by Czech utility CEZ a.s.

 

Last updated on May 31, 2018.

Meta info
Status
Active
Legal form
Joint Stock Company
Incorporation date
Aug. 29, 2006
NIN
175133827
Tickers
1CZ
Stock Exchange
Bulgarian Stock Exchange
ISIN
BG1100024113
Profile last updated
May 31, 2018, 2:14 p.m.
Alternative names

    CEZ Electro Bulgaria JSC

History

    Aug 29, 2006 - Electricity supply company CEZ Electro Bulgaria AD is established in Sofia, the capital of Bulgaria. The company takes over the supply activities from Sofia-based power supply and distribution companies Elektrorazpredelenie (ERP) Stolichno AD and ERP Sofia Oblast AD, as well as from ERP Pleven AD, based in Pleven, northern Bulgaria.

    2011 - The Bulgarian government announces plans to sell its 33% stake in CEZ Electro Bulgaria AD on the Bulgarian Stock Exchange.

    Mar 30, 2012 - The company is awarded an ISO 9001:2008 Quality management systems certificate.

    Oct 29, 2012 - CEZ Electro Bulgaria AD lists on the Bulgarian Stock Exchange.

    Feb 23, 2018 - Inercom Bulgaria EAD signs a preliminary contract with Czech Republic's CEZ S.A. for the purchase of its Bulgarian subsidiaries CEZ Razpredelenie Bulgaria AD, CEZ Electro Bulgaria AD, CEZ Trade Bulgaria EAD, CEZ Bulgaria EAD, CEZ ITK, the photovoltaic plant Oreshets and the company Bara Group for EUR 342 mln. The contract is yet to be approved by Bulgaria's Commission for Protection of Competition. The financing of the deal is to be through loans from local banks UniCredit Bulbank AD and First Investment Bank AD worth EUR 180 mln and EUR 80 mln, as well as USD 77 mln from offshore Czech company Scorest Trade s.r.o. and EUR 100 mln from Luxembourg-based Global Victory Trust SARL.

     

    Last updated on May 31, 2018.

Management

Board of Directors and Executives
Kremena Stoyanova Stoyanova
Chairman of the Board
Karel Kral
Deputy-Chairman of the Board
Yaroslav Berger
Member of the Board
Supervisory Board
Martin Marecek
Member of the Board
Hristo Stoyanov Petrov
Deputy-Chairman of the Board
Karel Klusak
Member of the Board
Tomash Pektor
Member of the Board
Rostislav Dija
Member of the Board
Liubomir Todorov Chakarov
Member of the Board
Georgi Dimitrov Konstantinov
Member of the Board

Contacts

Address
159, Tsarigradsko Сhose Blvd., Benchmark Business Center
1784
Sofia, Bulgaria
Telephones

+359 2 895 8627
+359 2 895 8389

Fax

+359 2 895 9667

Emails

zaklienta@cez.bg
radoslav.dimitrov@cez.bg

Websites
www.cez.bg

Ownership

Name Direct holding Indirect holding Owner type Country
Individuals 1.38 Individual
Other 31.62 Other
CEZ a.s. 67.0 Company Czech Republic

Subsidiaries and affiliates

Name Direct holding Indirect holding Country

Products and services

CEZ Electro Bulgaria AD is engaged in:

  • electricity supply to clients low and medium voltage
  • product and service development
  • marketing and sales strategy
  • LV and MV customer service on general and individual basis.

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