Mediafax (Mediafax)
Czech markets  |  June 23, 2011 14:35:05

Dividend to shareholders for the payment of 520 CZK


Mediafax

PRAGUE (MEDIAFAX) - The Prague Energy (PRE) pays a dividend to shareholders CZK 520, decided by the General Meeting. The company told CTK Thursday.

At Wednesday's general meeting shareholders approved, inter alia, the economic results for the year 2010, to amend the statutes, exclusion from trading shares on the stock exchange or payment of dividends. As the company told the results of the PRE group significantly influenced the gradual recovery of the Czech economy. Profit for the year 2010, increased by 4.8 percent. Total supply of electricity to customers in PRE compared to 2009 increased by 1.7 percent and rose to 6,450 gigawatt hours.

"For large customers, we noticed an increase deliveries by 2.8 percent and we can say that last year in this area was historically a record of customers," said CEO Paul Elis PRE.

PRE continue last year bought electricity through the Prague Energy Exchange PXE and from independent producers. Share of energy from renewable sources bearing was two percent. "Manufacturers can use the last very favorable purchase prices. The total volume of buying green electricity for our customers was nearly 54 percent larger than last year, "said commercial director Alexander Freedom.

The boom was reflected in the field of electromobility. Prague with another Division have started construction of infrastructure and put in a few charging stations for vehicles, bicycles and motorcycles powered by electricity.Elektrovozidla can now be recharged in shopping centers and Chodov Černý Most Center energy consultancy in Slovan garage or office within the city district Prague 5 In the near future there will be others.

The reconstruction and development networks in the PRE group last year invested over 1.650 billion. The buildings for example, the almost complete recovery of the double overhead line between substations Chodov Reporyje in length and less than six kilometers. Reconstruction and underwent two transformers in substations and in Měcholupy Malešice. As the company stated last year there were no major system failures or interruptions of electricity supply. Distribution of energy provided for the fifth year PREdistribuce subsidiary, which is responsible for the operation, development and renewal.

The General Assembly approved the results of activities in addition to the retirement of shares of stock trading. "The City of Prague and EnBW AG currently owns more than 99 percent of shares. The remaining number of shares which can be freely traded in the market is already very low for several years. Shares is not hardly traded. We proposed to the shareholders of the company's disposal of shares trading on a regulated market and those that agreed, "said Paul Ellis.

Libor Popel, popela@mediafax.cz

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PRE vyplatí akcionářům dividendu 520 Kč

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