Czech utility CEZ has signed a one-week contract to supply electricity to Greece, marking its entrance into the market, CEZ said on Monday (8th October). Electricity would flow from Romania and Hungary via Bulgaria, the company said in a statement. It did not disclose supply volumes. “If no problems emerge I expect we will carry out further, more significant contracts with our business partner,” CEZ’s business director Alan Svoboda said. CEZ owns a power distribution company in Romania and three distribution companies and a power plant in Bulgaria. (THE HEREN REPORTS - EDEM 11195 / 8 October 2007) |