Industry Minister Milan Urban repeated for Lidove noviny daily that he wants CEZ to become a Central European giant. CEZ should therefore take part in privatizations in Poland and possibly in Cyprus and Macedonia. After winning a tender for western Bulgarian distribution companies, CEZ also plans to bid for production capacities. CEZ also intends to submit binding bids for both Romanian power distributors (Electrica Moldova and Electrica Oltenia) on 18 October. Urban also said that CEZ is ready to step again into the tender for Slovenske elektrarne (SE) should Enel fail to sign all the transaction documents. Note that Enel was chosen as the winner for the 66% stake in SE while CEZ came second.
Tomáš Gatěk, Patria Finance