Research (J&T BANKA)
Czech markets  |  March 26, 2013 09:17:29

CEZ: The frontrunner for the completion of the Temelin Westinghouse

ČEZ preliminarily evaluated the bids for the completion of two new units at Temelin. With both candidates (Westinghouse and Czech-Russian consortium led by Skoda JS) CEZ will discuss further improvements to their offerings. According to the press is a favorite of Westinghouse, while the Russian side stated as a preliminary winner Skoda JS. Selects the winner of the tender CEZ roughly in the middle of a contract for completion should be signed at the end of this year. The report is neutral.

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