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March 29, 2015 5:43 AM ET

Electric Utilities

Company Overview of CEZ Shperndarje Sh. A

Company Overview

CEZ Shperndarje Sh. A distributes electricity in Albania. The company was formerly known as Operatori i Sistemit te Shperndarjes SHA. and changed its name to CEZ Shperndarje Sh. A in October 2010. CEZ Shperndarje Sh. A was founded in 2008 and is based in Tirana, Albania. As of May 29, 2009, CEZ Shpërndarje Sh.A. operates as a subsidiary of CEZ, a.s.

Rr. Sami Frasheri, Nr.8

Pallati Conad

Tirana,  1001

Albania

Founded in 2008

Phone:

355 42 274 141

Fax:

355 42 274 184

Key Executives for CEZ Shperndarje Sh. A

Head of South Eastern European Portfolio
Director of Sales
Compensation as of Fiscal Year 2014.

CEZ Shperndarje Sh. A Key Developments

Albanian Governement To Sell Stakes in 21 Enterprises by 2014

The Albanian government plans to sell its majority and minority stakes in at least 21 enterprises by the end of this year. The privatization plan for 2014 includes the sale of ten enterprises, wholly-owned or where government has a majority stake, estimated at €8.34 million. Government also plans to sell its minority shares in at least ten other enterprises, including ALBtelecom Sh.a. in the final quarter of 2014. The Economy and Trade Ministry had previously set a price tag of €34 million for the remaining 16.7% state owned stake in Albtelecom. The privatization list initially included minority stakes in Albanian Oil Refining and Marketing Company (ARMO) and CEZ Shperndarje Sh. A. Government also plans to collect €5 million from the sale of several small assets such as buildings or military facilities. The 14.9% minority share in ARMO will be offered for €22 million in a tender scheduled for 2015. The Albanian government also plans to sell Albpetrol Sh.A. after its failed privatization in 2012.

Albanian Government To Privatize ARMO, OSSH And Albpetrol

The Albanian government plans to sell off minority stakes in key enterprises and privatize key remaining strategic enterprises by 2016. The privatization list includes minority stakes in ARMO Sh.A. and CEZ Shpërndarje Sh.A. and the sale of 100% of shares of Albpetrol Sh.A. Government also plans to collect €5 million from the sale of several small assets such as buildings or military facilities. The 14.9% share in ARMO will be offered for €22 million in a tender scheduled for 2015. Government also plans to sell the remaining 24% in CEZ Shpërndarje for €32 million by 2016. The Albanian government also plans to sell Albpetrol after its failed privatization in 2012.

Similar Private Companies By Industry

Company Name Region
CEZ Shperndarje Sh. A Europe
HEC Ulëz - Shkopet SH.A. Europe
HEC Bistrica 1 & Bistrica 2 SH.A. Europe

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 24, 2014
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