CEZ will take stake in MOL -CEZ CEO Roman

06.09.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

KRYNICA, Poland, Sept 6 (Reuters) - Czech electricity producer CEZ will take a minority stake in Hungary's oil and gas firm MOL , CEZ Chief...

...Executive Martin Roman told Reuters on Thursday.

CEZ and MOL announced last week they would form an alliance to build power plants in central and southeastern Europe.

"It is a complicated structure. The exact size of the stake will be published when the contract is signed, which should be within a few months," Roman said on the sidelines of a business conference in the southern Polish town of Krynica.

CEZ said in a statement when the deal was first announced that it was considering taking an up to 10 percent stake. The shares would come from MOL itself.

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