Research (J&T BANKA)
Czech markets  |  January 03, 2013 09:07:26

CEZ is preparing for arbitration with Albania

CEZ CEO Daniel Benes gave the press interview, in which among other comments on the situation in Albania. CEZ Albania according to earlier indications loses license negotiations regulator is planned for 17 January. According to Benes's early loss of license rather positive news. CEZ is preparing for international arbitration to protect his Albanian investment. CEZ is trying to negotiate with suppliers of coal, mainly with Czech Coal supply to power Počerady. Meanwhile, the supply of uninterrupted and according to CEO can see some progress. The Director-General also says electricity prices trend downward, against which the company prevents přeprodeji the next years. For investors, it is now important to solve the situation in Albania.Departure from the country, completion of these operations should also mean the end losses. News reports are not complete, we consider the terms of the share price neutral.

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ČEZ se připravuje na arbitráž s Albánií

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