CEZ AS 2011 AR2
The report highlights CEZ Group's operations and financial performance for the fiscal year 2011. Despite economic stagnation in the Eurozone, the company posted a solid net income of CZK 40.8 billion and declared CZK 26.7 billion in dividends. Key achievements included progress in the tender for the completion of the Temelín Nuclear Power Station and the continued construction of the Fântânele and Cogealac wind farms in Romania, which will become Europe's largest coastal wind farm. Additionally, the company launched its NEW VISION strategic initiative to minimize risks and optimize its plant portfolio, focusing on regional power and renewable energy sources.
Company: CEZ AS
Sector: Energy utilities
Country: Czech Republic
Year: 2011
Type: AR2
Pages: 304
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CEZ AS
Annual Report
The report highlights CEZ Group's operations and financial performance for the fiscal year 2011. Despite economic stagnation in the Eurozone, the company posted a solid net income of CZK 40.8 billion and declared CZK 26.7 billion in dividends. Key achievements included progress in the tender for the completion of the Temelín Nuclear Power Station and the continued construction of the Fântânele and Cogealac wind farms in Romania, which will become Europe's largest coastal wind farm. Additionally, the company launched its NEW VISION strategic initiative to minimize risks and optimize its plant portfolio, focusing on regional power and renewable energy sources.
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Document Details
Report Year
2011
Reporting Period
Jan 1, 2011 - Dec 31, 2011
Fiscal Year
2011
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Water Consumption
Employees