ČEZ, a.s. (CZAVF)

Profile

https://www.cez.cz

ČEZ, a.s. is the leading company of the CEZ Group, a major publicly listed energy utility in the Czech Republic where the government holds nearly 70% of its shares. It specializes in the generation, distribution, trade, and sale of electricity and heat, serving 3.5 million customers domestically and 7 million across Central and Southeastern Europe through its subsidiaries. The company boasts approximately 12,200 MW of generating capacity, primarily from emission-free nuclear sources, alongside thermal, renewable, and other facilities, with segments including Generation, Distribution, Sales, and Mining. ČEZ, a.s. employs over 33,000 people and reported annual revenue of $14.22 billion in 2024. Guided by the VISION 2030 – Clean Energy for Tomorrow strategy, it is transforming its portfolio toward low-emission sources, investing in renewables like wind and photovoltaics, small modular reactors, energy storage, and grid modernization to achieve climate neutrality by 2040. This positions ČEZ, a.s. as a key player in Europe's sustainable energy transition, emphasizing ESG principles, innovation, and reliable supply.