Bloomberg News

CEZ to Save $26 Million Yearly Through Reorganization, Euro Says

November 26, 2012

CEZ AS (CEZ) will save as much as 500 million koruna ($26 million) a year by reducing headcount and merging several of its back-office companies, Euro reported, citing Strategy Director Pavel Cyrani.

To contact the reporter on this story: Ladka Bauerova in Prague at

To contact the editor responsible for this story: Will Kennedy at

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