The Czech Industry and Trade Minister Milan Urban said yesterday that the ministry is working on a plan to help CEZ increase its stake in Severoceske doly (SD), the largest domestic coalmines, or to gain a stake in a company that would control SD. As regards the privatization of SD, Urban said he prefers CEZ as a buyer. According to Urban, the ministry may submit a SD privatization plan around the beginning of June. Source: Bloomberg
CEZ is participating in one-to-one meetings at an event organized by UBS in London during May 18 – 19.