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Czech CEZ to invest BGN 96 M in Bulgaria in 2007

Date: 28.04.2007

Czech electricity company CEZ, which owns three power distributors in western Bulgaria, said on Monday it would invest BGN 96 M in the country this year.

A big chunk of the expenditure will be to acquire parts of the power grid owned by local authorities.

CEZ plans to also introduce uniform organisational structures in the three companies it owns in Bulgaria to increase efficiency.

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