The Deputy Industry Minister M. Pecina said that the privatization process concerning the state's majority stake in CEZ (67%) would likely not start before 2007, as the government needs to use the company to push its interests in the area of market liberalization, consumer protection, cheap energy and carbon emissions. He also reiterated that his Ministry is against selling the 17% stake in CEZ. Source: Bloomberg. These comments are unsurprising on the back of the government's recently approved energy-sector framework and the Ministry's previous comments.
Jan Hajek