Czech CEZ says sees concluding MOL talks by yr-end

15.11.2007 | , Reuters
Zpravodajství ČTK


perex-img Zdroj: Finance.cz

Czech power firm CEZ believes it can conclude talks on a strategic partnership with Hungary's oil group MOL by the end of the year, CEZ ...

...Chief Executive Martin Roman said on Thursday.

The two firms have agreed an alliance to build gas-fired power plants in Hungary and Slovakia. CEZ would take an up to 10 percent stake in MOL under the deal.

Roman told a news conference the exact size of the stake would depend on the extent of cooperation the two firms agree upon. He added construction of the power plants may start in 2009 if the deal goes through. (Reporting by Jan Korselt, writing by Jan Lopatka; Editing by Alan Crosby)

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Keywords: CEZ MOL/

[PRAGUE/Reuters/Finance.cz]

Autor článku

Jan Korselt  

Články ze sekce: Zpravodajství ČTK