Sat, May 26 2012

CEZ Bulgaria will monitor electricity consumption monthly, starting February 1

Mon, Jan 11 2010 11:29 CET

byNick Iliev

2855 Views
CEZ Bulgaria will monitor electricity consumption monthly, starting February 1

Jan Vavera, regional manager of CEZ Bulgaria.

Photo: Provided

Czech power utility company CEZ Bulgaria has announced that starting from February 1 2010, it will now regulate and monitor electric consumption on a monthly basis. It said in a media statement that the company "has proven that it respects the Bulgarian institutions, the decisions of the energy sector, and that it operates in the best interest of its customers".

"We are prepared to make a substantial discount at the beginning, in spite of the financial losses we are inevitably going to incur, in order to win the trust of the public and Bulgarian institutions", a media statement said on January 11 2010.

"This trust is of enormous importance to us, as is having a healthy dialogue with our customers", project manager Jan Soudny said.

According to the company's website, CEZ Group aims to become a leader in electricity markets in Central and East Europe. In parallel to producing and selling electricity, the company also operates in the field of "telecommunications, IT, nuclear research, design, construction and maintenance of electricity facilities, raw material extraction and generation of power by-products".

CEZ Group rates among the three largest producers of thermo-power in the Czech Republic, facilitating more than seven million customers. CEZ Bulgaria has been operating in the country since 2005.

  • Print
  • Send via email
  • Translate to
  • Share:

To post comments, please, Login or Register.


Please read the The Sofia Echo forum comments policy.

Construction industry in Bulgaria shrinks by 22 per cent

Most of the industry's contraction is attributed to decline in real estate construction

CEZ new chief digs his heels about quarterly metering

Moving back to monthly metering would cost the firm 10 million leva in invoices and salaries that would have otherwise gone straight into network overhauls, according to CEZ.

Energy is king

Energy companies dominate Bulgaria’s contribution to the 500 biggest firms in Central and Eastern Europe

Kozloduy nuke plant executive director Ivan Genov resigns

Genov’s resignation on August 24 2009 was telegraphed some days ago after a fallout with Energy Minister Traicho Traikov about Traikov’s allegation that Kozloduy had sold power on the open market on terms disadvantageous to the nuclear power station.

Wind energy generators say grid connection on hold

Wind energy generators installed near Varna in 2008 have not yet been connected.

More in this category

Saab awarded $2.4M military training equipment contract in Bulgaria

The funding is provided under the foreign military sales programme of the US army's Program Executive Office of Simulation, Training and Instrumentation.

Two Brits fined for hooliganism in Bulgaria’s Veliko Turnovo

The UK nationals were arrested after throwing beer bottles at people after being refused entry to a restaurant that had closed for the night.

Tourism: Bulgaria to spend 300M leva on restoring castles, ancient sites

Restoration and development projects include Madara Horseman, Arbanassi fortress, Magura cave.

Sovereign Order of Malta assists hospital in Bulgaria’s Iskrets

Simeon Saxe-Coburg and his spouse Margarita opened a new heating and insulation system at the Tsar Ferdinand Hospital for Pulmonary Diseases in Iskrets, a project implemented thanks to the Embassy of the Sovereign Order of Malta in Sofia and the Nando Peretti Foundation.

Bulgarian Parliament passes confiscation act

According to the law's provisions, the commission will have the power to investigate individuals without prior notification and would not require a criminal conviction in order to launch an investigation.

© 2000-2012, Sofia Echo Media Ltd.

Web Design by RIZN

Sofia Echo Media is part of the Economedia Group.
The news and information content on this website is provided by our editorial team and is copyrighted. Any unauthorised reproduction or use of it is strictly forbidden. Reproduction of this website's content is permitted only with prior written permission from the Editor-in-Chief, should be propertly acredited and provide an active link back to our site. Comments posted by the website's visitors are independent of the editorial materials and do not represent the views of sofiaecho.com. Sofia Echo Media cannot be held responsible for the statements contained in visitor comments. The percentаge change in the shares' prices are based on the price of the last transaction of the current session compared to the price of the last transaction of the previous session. Bulgarian Stock Exchange data is not real-time, but updated every 15 minutes, and should not be used as a basis for decisions about buying or selling stock options.