RPT-Czech CEZ takes firm to court over coal supplies

29.06.2007 | , Reuters
Zpravodajství ČTK


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PRAGUE, June 29 (Reuters) - Czech power utility CEZ has gone to court to try to force closely held group Czech Coal to sign a pre-agreed contract on long-term coal deliveries for a new plant, state-owned CEZ said on Friday.

CEZ, which is central Europe's biggest company by market capitalisation, said Czech Coal had refused to make good on the preliminary agreement from 2005 and sign a final deal on coal supplies until 2055 from its coal mining firm Mostecka Uhelna.

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