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Article: Interfax Czech Republic Business Daily.
- Article from:
- Czech Republic Business Report Daily
- Article date:
- November 20, 2008
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COMPANY NEWS
Czech utility CEZ gets 9.15% stake in EUR 4 bln venture to expand Romanian nuclear plant
PRAGUE. NOVEMBER 20. INTERFAX CENTRAL EUROPE - Czech state-controlled utility CEZ, listed in Prague and Warsaw, on Thursday signed a preliminary contract to acquire a 9.15% stake in a EUR 4 bln joint-venture power company that will build two additional nuclear reactors at Romania existing Cernavoda power plant.
"The finalization of this [Cernavoda] project phase is a step forward toward submitting an investors' agreement to the Romanian Government for approval," CEZ said a press release on the formation of the EnergoNuclear SA joint venture, as ...