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FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
OF THE SECURITIES EXCHANGE ACT OF 1934
For the month of June 2006
Commission File Number 333-7182-01
CEZ, a. s.
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(Translation of registrant's name into English)
c/o Duhova 2/1444
140 53 Prague 4
Czech Republic
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(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20-F or Form 40-F.
Form 20-F [X] Form 40-F [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(1): [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(7): [ ]
Indicate by check mark whether by furnishing the information contained in this
Form, the registrant is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes [ ] No [X]
If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82- ________
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The following information was filed by CEZ, a. s. in Czech language with the
Prague Stock Exchange as required by its rules and regulations:
CEZ GROUP ENTERS HUNGARIAN ENERGY MARKET
Today, the CEZ Group officially opened a branch office in Budapest, to support
and promote its Hungarian activities. The Hungarian office further enhances the
business network of the CEZ Group which currently covers, aside from the Czech
homeland and Hungary, also Germany, Poland, Slovakia, Bulgaria, and Romania. For
the nearest future, the CEZ Group plans branch offices also in other countries
of Southeastern Europe.
"CEZ has clearly conveyed its vision to become Number One in the power market in
Central and Southeastern Europe. But this expansion consists not only of the
acquisition of new subsidiaries - we also follow the path of developing our
business and trade. We believe that today's opening of this branch office of CEZ
majorly enhances the electricity offer for traders, distributors (utilities),
and consumers (final customers) on the Hungarian market," said Martin Roman,
Chairman of the Board and CEO of CEZ, on occasion of the opening ceremony.
The Hungarian spin-off of the CEZ Group already acquired all necessary trade
licenses and finalized its first deal in May. "Our goal is to acquire, and then
consolidate, a strong position as player in the Hungarian market. In a first
stage, we will focus not only on domestic trading, but also on cross-border
electricity sales," adds Gabor Hornai, Branch Director of the Hungarian office
and long-term expert for the Hungarian energy market.
The CEZ group has been conducting its foreign expansion with success, both in
the area of electricity distribution and as regards the acquisition of
production sites. Since January 2005, the corporation owns three Bulgarian
distribution companies, and towards the end of last year, CEZ secured also the
Romanian distribution company Electrica Oltenia, which supplies those areas with
electricity that are in the immediate neighbourhood of the Bulgarian catchment
area for distribution of the CEZ Group. In the area of power generation, CEZ has
recently completed the acquisition of two Polish power companies, Elcho and
Skawina; at the beginning of May, the corporation executed the privatization
agreement on the purchase of the Bulgarian heat power plant Varna.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
CEZ, a. s.
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(Registrant)
Date: June 1, 2006
By: /s/ Libuse Latalova
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Libuse Latalova
Head of Finance Administration
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