Industry Minister Jiri Rusnok informed that the only reason for the government to privatize CEZ in the immediate term is fiscal, but that this is not sufficient for the Cabinet at present.
This comes in line with recent comments made by other Cabinet members; it looks unlikely that CEZ privatization would take place in next two years. Nevertheless, should CEZ acquire regional power distributors from the state, as called for in the government’s power-sector restructuring plan, its shareholder structure will be of lesser importance in the short and medium term.
Jiri Soustruznik