CEZ Group is an established, integrated electricity conglomerate with operations in a number of countries in Central and Southeastern Europe and Turkey, headquartered in the Czech Republic. Its principal businesses encompass generation, distribution, and trading of power and heat, trading and sales of natural gas, and coal mining.
CEZ Group in Romania
CEZ Group in Romania is represented by its nine companies: Distribuție Oltenia, CEZ România, CEZ Vânzare, CEZ Trade, CEZ ESCO, Tomis Team, MW Invest, Ovidiu Development, and TMK Hydroenergy Power.
CEZ Group has been present on the Romanian market since 2005, after it acquired the power distribution company - Electrica Oltenia SA.
Following the activities separation process (unbundling), successfully finalized in 2017, Distribuție Oltenia (former CEZ Distribuție) provides electricity to seven counties: Argeș, Dolj, Gorj, Mehedinți, Olt, Teleorman and Vâlcea.
CEZ Vânzare is the main energy supplier in South-Western Romania, but also a natural gas supplier with a portfolio of domestic and industrial customers that exceeds 1.3 million customers.
The Group also holds the largest on-shore wind farm in Europe, Dobrogea region, in Fântânele, Cogealac and Grădina. The wind farm meant an investment of 1.1 billion euros and has 240 wind turbines with a total installed capacity of 600 MW. The entire capacity of CEZ Wind Farm was commissioned at the end of 2012.
Moreover, starting 2011, CEZ Group in Romania holds in its portfolio the hydro-power system located near Reșița, in Caraș-Severin county, consisting of four micro hydro power plants (Grebla, Crăinicel I, Crăinicel II, and Breazova), as well as the related hydro-energetic facilities from Trei Ape, Gozna, Văliug, and Secu. CEZ Group invested in the refurbishment of the hydro-power unit in Reșița in order to increase efficiency, the production capacity is now set to be up to approximately 22 MW from 18 MW after the ending of the modernization process.
Starting 2018, CEZ ESCO Romania offers solutions to improve energy efficiency in the private sector. The company offers comprehensive services - from advisory to solutions design, from project management to complex energy sources (heat, cold and/or electricity) projects implementation.