ČEZ Distribuce invested CZK 13.2bn in infrastructure

Published: 05.05.2022 Related countries:  United Arab Emirates United Arab Emirates

In March 2022, ČEZ Distribuce completed the Robotization 2 project, thanks to which a significant part of the distribution system construction process was digitized.

This follows from the annual report published in the Commercial Register on April 29, 2022, with revenues increasing to CZK 49.99bn from CZK 48.57bn in 2021 and net profit of CZK 6.63bn. The company invested CZK 13.2bn (+ CZK 0.8bn) in the renewal and development of the distribution system. The number of applications for connection of factories increased by 150 % to more than 3,500 production facilities and about 14,000 micro sources (production facilities of up to 10 kW at low level).