September 18, 2014 2:38 AM ET

Electric Utilities

Company Overview of CEZ România S.R.L.

Company Overview

CEZ România S.R.L., through its subsidiaries, engages in the production, distribution, and sale of electricity and heat. It also constructs, owns, and operates power plants. The company was founded in 2005 and is based in Bucharest, Romania. CEZ România S.R.L. operates as a subsidiary of CEZ, a.s.

2B, Ion Ionescu de la Brad Boulevard

Floor 1

District 1

Bucharest,  013 813

Romania

Founded in 2005

Phone:

40 72 811 3474

Fax:

40 21 269 2566

Key Executives for CEZ România S.R.L.

President and Country Manager
Age: 39
Chief Financial Officer
Chief Operating Officer
Compensation as of Fiscal Year 2014.

CEZ România S.R.L. Key Developments

CEZ Romania Announces Executive Changes

Martin Zmelik has taken over the management of CEZ in Romania, replacing Jan Veskrna. At the same time, Doina Vornicu was appointed COO of the group in Romania adding that it is the first time when the second most important strategic position inside the group is granted to a Romanian manager. Veskrna has completed his nine-year term as country manager and president of CEZ Romania. Zmelik has gained significant experience in both business and energy sector, beginning his career in CEZ Group in January 2005. He came to Romania in February 2010 to fill the position of COO of CEZ Group in the country.

CEZ Romania Plans To Sell 100% Stake In Wind Farm

CEZ Romania plans to sell 100% stake in its 600 MW wind farm, Tomas Pleskac, Head of Foreign Operations of CEZ, a.s. (SEP:CEZ), the parent firm of CEZ Romania, said. Earlier in April, CEZ Romania officials announced plans to sell part of the wind farm, explaining that it is far from yielding the kind of returns CEZ expects from its investments. There are several pension funds interested, he disclosed.

CEZ România S.R.L. Announces its 600-Megawatt Fantanele/Cogealac Wind Park Now in Full Operation

CEZ Group's 600-megawatt Fantanele/Cogealac wind park now is in full operation and is producing enough cleaner energy to power more than one million Romanian households each year. The project utilizes 240 GE 2.5-megawatt wind turbines, including the 1,000(th) 2.5-megawatt (MW) class machine installed by GE worldwide. The final wind turbine for Fantanele/Cogealac was connected to the regional grid in late November. The new wind park is located in Dobrogea, Constanta County, Romania, which is one of the most promising wind power regions in the country. The project owner, CEZ România S.R.L., is part of CEZ Group.

Similar Private Companies By Industry

Company Name Region
Electrica Transilvania Sud Europe
SC EURO-PEC SA Europe
E.ON Moldova Distributie S.A. Europe
Enel Distributie Muntenia S.A. Europe
SC Electrica Furnizare SA Europe

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CEZ România S.R.L., please visit www.cez.ro. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.