{"id":107349,"date":"2026-06-04T14:55:12","date_gmt":"2026-06-04T14:55:12","guid":{"rendered":"https:\/\/www.europesays.com\/cz\/107349\/"},"modified":"2026-06-04T14:55:12","modified_gmt":"2026-06-04T14:55:12","slug":"cez-meni-dodavatele-milionum-cechu-co-bude-s-ucty-za-energie","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/cz\/107349\/","title":{"rendered":"\u010cEZ m\u011bn\u00ed dodavatele milion\u016fm \u010cech\u016f. Co bude s \u00fa\u010dty za energie?"},"content":{"rendered":"

Valn\u00e1 hromada \u010cEZ odsouhlasila strategick\u00fd pl\u00e1n<\/a>\u00a0vy\u010dlen\u011bn\u00ed nev\u00fdrobn\u00ed \u010d\u00e1sti spole\u010dnosti. V nejbli\u017e\u0161\u00edch t\u00fddnech m\u00e1 podle mluv\u010d\u00edho \u010cEZ Ladislava K\u0159\u00ed\u017ee vzniknout nov\u00e1 dce\u0159in\u00e1 spole\u010dnost firmy.\u00a0<\/p>\n

\u201eZpo\u010d\u00e1tku p\u016fjde o takzvanou pr\u00e1zdnou schr\u00e1nku, firmy ze z\u00e1kaznick\u00e9 \u010d\u00e1sti do n\u00ed budou vlo\u017eeny do konce prvn\u00edho \u010dtvrtlet\u00ed p\u0159\u00ed\u0161t\u00edho roku,\u201c \u0159ekl \u010cesk\u00e9 televizi<\/a>\u00a0K\u0159\u00ed\u017e. Ze sou\u010dasn\u00e9 struktury \u010cEZ se do nov\u00e9 spole\u010dnosti vy\u010dlen\u00ed prodej a distribuce energi\u00ed, obchodov\u00e1n\u00ed nebo energetick\u00e9 slu\u017eby. Jednat se tak bude nap\u0159\u00edklad o \u010cEZ Prodej, \u010cEZ Distribuce, GasNet, \u010cEZ ESCO nebo firmy z tradingu.\u00a0<\/p>\n

Zm\u011bny? Ani pati\u010dka na faktu\u0159e<\/p>\n

Celkem \u010cEZ, ve\u0159ejn\u011b obchodovan\u00e1 firma se 70procentn\u00ed majetkovou \u00fa\u010dast\u00ed st\u00e1tu, dod\u00e1v\u00e1 energie do zhruba 4,5 milionu odb\u011brn\u00fdch m\u00edst elekt\u0159iny a plynu. \u017d\u00e1dn\u00e9ho ze z\u00e1kazn\u00edk\u016f se v\u0161ak zm\u011bny nemaj\u00ed v praxi nijak dotknout. Ani v detailech typu zm\u011bny \u010d\u00edsla \u00fa\u010dtu nebo n\u00e1zvu spole\u010dnosti na faktu\u0159e.\u00a0<\/p>\n

\u201ePro z\u00e1kazn\u00edka se nezm\u011bn\u00ed v\u016fbec nic, naprosto nic, ani ta pati\u010dka na faktu\u0159e. Z\u00e1kazn\u00edk bude m\u00edt st\u00e1le za distributora \u010cEZ Distribuci, p\u0159\u00edpadn\u011b obchodn\u00edka \u010cEZ Prodej. Jen tyto firmy nebude vlastnit p\u0159\u00edmo \u010cEZ, ale mezi nimi vznikne je\u0161t\u011b mezi\u010dl\u00e1nek,\u201c vysv\u011btluje K\u0159\u00ed\u017e. Nov\u011b vzniklou firmu, ozna\u010dovanou dosud pracovn\u00ed zkratkou DSZS, povede m\u00edstop\u0159edseda p\u0159edstavenstva \u010cEZ Pavel Cyrani.\u00a0<\/p>\n

By\u0165 se sou\u010dasn\u00fdch z\u00e1kazn\u00edk\u016f \u010cEZ zm\u011bna p\u0159\u00edmo nedotkne, pl\u00e1n prom\u011bny firmy<\/a>\u00a0schv\u00e1len\u00fd valnou hromadou m\u016f\u017ee v kone\u010dn\u00e9m d\u016fsledku z\u00e1sadn\u011b ovlivnit celou \u010deskou energetiku.\u00a0<\/p>\n

Prom\u011bna \u010cEZ za pen\u00edze firmy<\/p>\n

Rozd\u011blen\u00ed energetick\u00e9ho kolosu s n\u00e1sledn\u00fdm prodejem 49procentn\u00edho pod\u00edlu ve vznikaj\u00edc\u00ed z\u00e1kaznick\u00e9 dce\u0159in\u00e9 firm\u011b \u010cEZ m\u00e1 p\u0159edstavovat prvn\u00ed krok budouc\u00edho zest\u00e1tn\u011bn\u00ed v\u00fdrobn\u00ed \u010d\u00e1sti skupiny. P\u0159edstavenstvo \u010cEZ by t\u00edm z\u00edskalo pen\u00edze, kter\u00e9 by n\u00e1sledn\u011b mohlo pou\u017e\u00edt na v\u00fdkup minoritn\u00edch pod\u00edl\u016f v mate\u0159sk\u00e9 skupin\u011b \u010cEZ.\u00a0<\/p>\n

Cyrani b\u011bhem<\/a>\u00a0valn\u00e9 hromady up\u0159esnil, \u017ee prodej men\u0161inov\u00e9ho pod\u00edlu by mohl prob\u011bhnout v tran\u0161\u00edch. \u010casov\u00fd r\u00e1mec uskute\u010dn\u011bn\u00ed prodeje veden\u00ed skupiny pracovn\u011b odhaduje na jeden a\u017e dva roky. Vl\u00e1da Andreje Babi\u0161e (ANO) v\u0161ak deklaruje, \u017ee chce doc\u00edlit zest\u00e1tn\u011bn\u00ed v\u00fdroby \u010cEZ nejpozd\u011bji do konce st\u00e1vaj\u00edc\u00edho volebn\u00edho obdob\u00ed v roce 2029. Krok ozna\u010duje za pot\u0159ebn\u00fd k tomu, aby se firm\u011b uvolnily ruce k masivn\u00edm investic\u00edm do nov\u00fdch energetick\u00fdch zdroj\u016f, v\u010detn\u011b jadern\u00fdch.\u00a0<\/p>\n

\u201eDnes odstartuje transformace \u010desk\u00e9 energetiky a sou\u010dasn\u011b i odemyk\u00e1n\u00ed hodnoty holdingu,\u201c napsal<\/a>\u00a0v pr\u016fb\u011bhu valn\u00e9 hromady \u010cEZ makl\u00e9\u0159 Fio banky David Lama\u010d. \u201eN\u00e1\u0161 pl\u00e1n je z\u00edskat kontrolu nad v\u00fdrobou, neohrozit \u010cEZ a hr\u00e1t f\u00e9r v\u016f\u010di v\u0161em akcion\u00e1\u0159\u016fm,\u201c deklaruje<\/a>\u00a0ministr pr\u016fmyslu a obchodu Karel Havl\u00ed\u010dek (ANO).\u00a0<\/p>\n

\u010ctvrtbilion na v\u00fdkup akci\u00ed \u010cEZ?<\/p>\n

\u201eNej\u010dast\u011bji se nyn\u00ed logicky diskutuje hodnota vy\u010dle\u0148ovan\u00fdch aktiv<\/a> do nov\u00e9 entity DSZS. Vedle o\u010dek\u00e1van\u00e9 revaluace DSZS si ale p\u0159ipome\u0148me, o co ve fin\u00e1le bude hr\u00e1t st\u00e1t, respektive minoritn\u00ed akcion\u00e1\u0159i. Ano, o kvalitu v\u00fdrobn\u00edch aktiv. A pohledem na vizu\u00e1l jde o v\u00fdrobn\u00ed klenoty \u2013 pravd\u011bpodobn\u011b prodlou\u017een\u00fd provoz jadern\u00fdch elektr\u00e1ren a\u017e na 80 let i modern\u00ed paroplyn v Po\u010deradech s velmi pozvoln\u00fdm n\u00e1b\u011bhem od konce roku 2014,\u201c dodal Lama\u010d. Analytici obecn\u011b o\u010dek\u00e1vaj\u00ed, \u017ee by prodej men\u0161inov\u00e9ho pod\u00edlu v DSZS mohl vyn\u00e9st a\u017e 250 miliard korun<\/a>.\u00a0<\/p>\n

\u201eZ\u00e1sadn\u00edm faktorem bude pot\u00e9 cena v\u00fdkupu. P\u0159edpokl\u00e1d\u00e1me, \u017ee by m\u011bla zahrnovat pr\u00e9mii k tr\u017en\u00ed cen\u011b v \u0159\u00e1du ni\u017e\u0161\u00edch a\u017e st\u0159edn\u00edch des\u00edtek procent,\u201c dodal analytik Komer\u010dn\u00ed banky Bohumil Trampota.\u00a0<\/p>\n

\u201eStoprocentn\u00ed vlastnictv\u00ed \u010cEZ od\u0161puntuje \u010deskou energetiku k pot\u0159ebn\u00fdm investic\u00edm do v\u00fdroby, kde nyn\u00ed st\u00e1t mus\u00ed \u0159e\u0161it strategick\u00e9 a bezpe\u010dnostn\u00ed priority, a nikoli rentabilitu odpov\u00eddaj\u00edc\u00ed soukrom\u00e9mu charakteru \u010cEZ,\u201c tvrd\u00ed<\/a> jeden z nejv\u00fdznamn\u011bj\u0161\u00edch minorit\u00e1\u0159\u016f \u010cEZ Michal \u0160nobr.\u00a0<\/p>\n

VIDEO:Zest\u00e1tn\u011bn\u00ed \u010cEZ energie nikomu nezlevn\u00ed, \u0159ekl \u0161\u00e9f pra\u017esk\u00e9 burzy Petr Koblic v po\u0159adu\u00a0FLOW<\/a>:\u00a0<\/p>\n

\"Video<\/p>\n

\n\t\t\t\tFLOW: Vyhodit miliardy a ovl\u00e1dnout u\u017e ovl\u00e1dan\u00e9 je zbyte\u010dn\u00e9, \u0159\u00edk\u00e1 k zest\u00e1tn\u011bn\u00ed \u010cEZ Petr Koblic \u2022 e15\n\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"Valn\u00e1 hromada \u010cEZ odsouhlasila strategick\u00fd pl\u00e1n\u00a0vy\u010dlen\u011bn\u00ed nev\u00fdrobn\u00ed \u010d\u00e1sti spole\u010dnosti. V nejbli\u017e\u0161\u00edch t\u00fddnech m\u00e1 podle mluv\u010d\u00edho \u010cEZ Ladislava K\u0159\u00ed\u017ee…\n","protected":false},"author":2,"featured_media":107350,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[12],"tags":[412,67,68,702,10204,1697,150],"class_list":["post-107349","post","type-post","status-publish","format-standard","has-post-thumbnail","category-byznys","tag-akcie","tag-business","tag-byznys","tag-cez","tag-daniel-benes","tag-elektrina","tag-energetika"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@cz\/116692420531417956","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/107349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/comments?post=107349"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/107349\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media\/107350"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media?parent=107349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/categories?post=107349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/tags?post=107349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}