CEZ holds a press conference today on the progress of Vision 2008 and its impact on CEZ together with introduction of the newly created companies CEZ Prodej (Sales) and CEZnet (IT). Note that, in line with Vision 2008 CEZ restructures its distribution companies across operation as opposed to original regional division. CEZ communicated that it expects to achieve CZK3bn in savings per year starting in 2008 from the restructuring.