Generates and distributes electricity
CEZ AS generates and distributes electricity and heat.
The company's core businesses are generation and distribution of electricity, electricity trading, generation and distribution of heat, natural gas trading and related activities.
It also offers electronic equipment installation and devices installation repairs, metal working, hazardous waste management business, plumbing trade and insulation installations.
The company operates its business through four segments: Power Production & Trading, Distribution & Sale, Mining and Other.
The Power Production & Trading segment engages in the production of electricity and heat and the commodity trading activities.
The Distribution & Sale segment sells electricity to end customers through the power distribution grid and provides power distribution services.
The Mining segment produces coal and limestone used by the power production business operations.
It generates electricity through solar, wind, hydro, coal fire and nuclear sources.
The company was founded on May 6, 1992 and is headquartered in Prague, the Czech Republic.