CEZ halted electricity supply to Albanian water utilities - it is almost clear that CEZ will move from Albania due to its disputes over electricity prices. ČEZ Shperndarje has resorted to disconnecting power supply to all Albanian state-owned waterworks that have failed to settle their debts in the long run after series of unsuccessful negotiations. The total sum of receivables from such companies has reached EUR 38 million. Its is loss making bizz for CEZ now and CEZ said 2 weeks ago they do not see any improvement - our analysts calculated that CEZ may write down 2.3bln CZK (roughly 5% of 2012 profit) if decides to shut down operations in Albania.