Bloomberg News

CEZ Shares Drop After Report Producers May Pay Transmission Fees

July 18, 2012

CEZ AS (CEZ), the biggest power utility in the Czech Republic, fell after Lidove Noviny newspaper reported that the government plans to charge producers for using the transmission grid.

The stock slid as much as 1.2 percent before trading down 0.5 percent to 732.50 koruna by 12:07 p.m. in Prague.

To contact the reporter on this story: Krystof Chamonikolas in Prague at kchamonikola@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net


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