{"id":163439,"date":"2026-07-30T18:27:16","date_gmt":"2026-07-30T18:27:16","guid":{"rendered":"https:\/\/www.europesays.com\/cz\/163439\/"},"modified":"2026-07-30T18:27:16","modified_gmt":"2026-07-30T18:27:16","slug":"zbyva-uz-jen-20-miliard-korun-statni-plynovody-splatily-cast-vysokeho-dluhu","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/cz\/163439\/","title":{"rendered":"Zb\u00fdv\u00e1 u\u017e \u201ejen\u201c 20 miliard korun. St\u00e1tn\u00ed plynovody splatily \u010d\u00e1st vysok\u00e9ho dluhu"},"content":{"rendered":"<p>St\u00e1tem ovl\u00e1dan\u00fd provozovatel plynovod\u016f NET4GAS d\u00e1le sn\u00ed\u017eil sv\u00e9 t\u00ed\u017eiv\u00e9 zadlu\u017een\u00ed, kter\u00e9 po sob\u011b zanechali b\u00fdval\u00ed vlastn\u00edci. Spole\u010dnost splatila dv\u011b emise dluhopis\u016f v celkov\u00e9 v\u00fd\u0161i 210 milion\u016f eur (5,1 miliardy korun). Pouze men\u0161\u00ed \u010d\u00e1st p\u0159itom uhradila nov\u00fdm bankovn\u00edm \u00fav\u011brem. V\u00fdsledkem je sn\u00ed\u017een\u00ed dluhu o p\u0159ibli\u017en\u011b 4 miliardy korun, uvedl NET4GAS v <a href=\"https:\/\/www.net4gas.cz\/cz\/pro-investory\/financni-informace\/novinky\/uspesne-dokonceni-planovane-transakce-oblasti-financovani.html\" rel=\"nofollow noopener\" target=\"_blank\">ozn\u00e1men\u00ed pro investory<\/a>.<\/p>\n<p>Jedn\u00e1 se o dal\u0161\u00ed krok na cest\u011b k \u0159e\u0161en\u00ed vysok\u00e9ho dluhu z minulosti. \u201eZa posledn\u00ed dva roky spole\u010dnost sn\u00ed\u017eila sv\u016fj dluh celkem o 13,7 miliardy K\u010d, tedy o p\u0159ibli\u017en\u011b 40 procent oproti stavu na konci roku 2024. D\u00edky tomu se d\u00e1le sni\u017euj\u00ed n\u00e1klady na financov\u00e1n\u00ed a posiluje se finan\u010dn\u00ed odolnost spole\u010dnosti jako kl\u00ed\u010dov\u00e9ho provozovatele kritick\u00e9 plyn\u00e1rensk\u00e9 infrastruktury v \u010cesk\u00e9 republice,\u201c informoval NET4GAS.<\/p>\n<p>Pokles z 34 na 20 miliard korun<\/p>\n<p>Jak ned\u00e1vno NET4GAS uvedl ve v\u00fdro\u010dn\u00ed zpr\u00e1v\u011b, je\u0161t\u011b na konci roku 2024 v\u00fd\u0161e zadlu\u017een\u00ed dosahovala 33,8 miliardy korun. O rok pozd\u011bji, v z\u00e1v\u011bru minul\u00e9ho roku, ji\u017e dluh klesl na 23,8 miliardy korun. Sou\u010dasn\u00e1 v\u00fd\u0161e dluhu se dle zve\u0159ejn\u011bn\u00fdch informac\u00ed pohybuje okolo 20 miliard. P\u0159es 11 miliard korun z toho tvo\u0159\u00ed dv\u011b emise dluhopis\u016f splatn\u00fdch v lednu 2028 a v lednu 2031. Zbytek p\u0159ipad\u00e1 na bankovn\u00ed \u00fav\u011bry.<\/p>\n<p>Emise dluhopis\u016f NET4GAS<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"659\" height=\"276\" src=\"https:\/\/www.europesays.com\/cz\/wp-content\/uploads\/2026\/07\/n4g-dluhopisy-emise.png\" alt=\"\" class=\"wp-image-170520\"  \/>Emise dluhopis\u016f spole\u010dnosti NET4GAS. T\u0159i z p\u011bti u\u017e jsou splacen\u00e9. Zdroj: v\u00fdro\u010dn\u00ed zpr\u00e1va NET4GAS, \u00fapravy ED<\/p>\n<p>Vysok\u00e9 zadlu\u017een\u00ed zanechali v podniku NET4GAS b\u00fdval\u00ed vlastn\u00edci \u2013 konsorcium dvou finan\u010dn\u00edch investor\u016f. Prvn\u00ed byl napojen na n\u011bmeckou poji\u0161\u0165ovnu Allianz, druh\u00fd na velk\u00fd kanadsk\u00fd penzijn\u00ed fond OMERS. Ti ji\u017e v roce 2014 sn\u00ed\u017eili z\u00e1kladn\u00ed kapit\u00e1l o 29 miliard korun a uvoln\u011bn\u00e9 pen\u00edze si vyplatili. Sou\u010dasn\u011b st\u00e1hli je\u0161t\u011b vysok\u00e9 dividendy a NET4GAS <a href=\"https:\/\/ekonomickydenik.cz\/koupi-stat-take-paterni-plynovody-logiku-to-ma-problem-je-v-tom-kdo-zaplati-33miliardovy-dluh\/\" rel=\"nofollow noopener\" target=\"_blank\">mohutn\u011b zadlu\u017eili<\/a>.<\/p>\n<p>Dokud byl NET4GAS ziskov\u00fd d\u00edky poplatk\u016fm za tranzit rusk\u00e9ho plynu sm\u011brem do ji\u017en\u00edho N\u011bmecka a It\u00e1lie, tak tento probl\u00e9m nikdo ne\u0159e\u0161il. N\u00e1raz s realitou nastal pot\u00e9, co Rusov\u00e9 v roce 2022 zastavili dod\u00e1vky plynu potrub\u00edm Nord Stream. P\u0159eprava plynu p\u0159es \u010desk\u00e9 \u00fazem\u00ed <a href=\"https:\/\/ekonomickydenik.cz\/net4gas-ma-problem-preprava-plynu-pres-ceske-uzemi-klesla-na-hodnoty-blizke-nule\/\" rel=\"nofollow noopener\" target=\"_blank\">klesla na minimum<\/a> a NET4GAS se propadl do ztr\u00e1ty.<\/p>\n<p>Transakce pod drobnohledem<\/p>\n<p>Finan\u010dn\u00ed investo\u0159i zvolili osv\u011bd\u010denou strategii \u2013 \u00fat\u011bk. P\u0159edlu\u017een\u00e9ho provozovatele plynovod\u016f na konci roku 2023 prodali st\u00e1tem vlastn\u011bn\u00e9 spole\u010dnosti \u010cEPS. Transakce se odehr\u00e1la s podporou vl\u00e1dy premi\u00e9ra Petra Fialy, kter\u00e1 na financov\u00e1n\u00ed n\u00e1kupu poskytla \u00fav\u011br. \u010cEPS v\u010detn\u011b <a href=\"https:\/\/ekonomickydenik.cz\/zahranicni-vlastnici-ceskych-plynovodu-maji-pred-prodejem-vratit-miliardove-zalohy-na-dividendu\/\" rel=\"nofollow noopener\" target=\"_blank\">pozd\u011bj\u0161\u00edch doplatk\u016f<\/a> za p\u0159evzet\u00ed podniku NET4GAS zaplatil celkem 7,9 miliardy korun.<\/p>\n<p>Tak vysok\u00e1 cena za siln\u011b zadlu\u017eenou spole\u010dnost se stala ter\u010dem kritiky ze strany opozi\u010dn\u00edho (a te\u010f u\u017e vl\u00e1dn\u00edho) hnut\u00ed ANO, \u010d\u00e1sti odborn\u00e9 ve\u0159ejnosti i jin\u00fdch z\u00e1jemc\u016f o NET4GAS, mezi n\u011b\u017e pat\u0159il koncern EPH miliard\u00e1\u0159e Daniela K\u0159et\u00ednsk\u00e9ho. Vl\u00e1da premi\u00e9ra Andeje Babi\u0161e <a href=\"https:\/\/ekonomickydenik.cz\/proverovani-nakupu-net4gas-sikela-stan\/\" rel=\"nofollow noopener\" target=\"_blank\">v kv\u011btnu rozhodla<\/a>, \u017ee tento kontroverzn\u00ed n\u00e1kup nech\u00e1 zp\u011btn\u011b prov\u011b\u0159it.<\/p>\n<p>    Mohlo by v\u00e1s zaj\u00edmat<\/p>\n<p>        <a href=\"https:\/\/ekonomickydenik.cz\/valka-desi-obchodniky-trh-ropa-utoky\/\" class=\"relative block overflow-hidden rounded-lg group aspect-[3\/2] md:aspect-video min-w-[88px] sm:min-w-[175px] lg:min-w-[225px]\" aria-label=\"\u010d\u00edst v\u00edce\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n                        <img loading=\"lazy\" decoding=\"async\" width=\"384\" height=\"256\" src=\"https:\/\/www.europesays.com\/cz\/wp-content\/uploads\/2026\/07\/a-us-marine-corps-f-35c-stealth-fighter-prepares-to-take-off-from-uss-abraham-lincoln-cvn-72-in-the-.webp\" class=\"absolute object-cover w-full h-full group-hover:scale-105 transition-all\" alt=\"A U.S. Marine Corps F-35C stealth fighter prepares to take off from USS Abraham Lincoln (CVN 72) in the Arabian Sea. Foto U.S. Central Command\"  \/><br \/>\n                        <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"St\u00e1tem ovl\u00e1dan\u00fd provozovatel plynovod\u016f NET4GAS d\u00e1le sn\u00ed\u017eil sv\u00e9 t\u00ed\u017eiv\u00e9 zadlu\u017een\u00ed, kter\u00e9 po sob\u011b zanechali b\u00fdval\u00ed vlastn\u00edci. Spole\u010dnost splatila&hellip;\n","protected":false},"author":2,"featured_media":163440,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[7],"tags":[8436,1381,43,42,41,40,3311,3903,23047,8382,562,3964,5339],"class_list":["post-163439","post","type-post","status-publish","format-standard","has-post-thumbnail","category-cesko","tag-allianz","tag-ceps","tag-ceska-republika","tag-cesko","tag-czech-republic","tag-czechia","tag-dluh","tag-dluhopisy","tag-net4gas","tag-plynovody","tag-vlada-andreje-babise","tag-vlada-petra-fialy","tag-zadluzeni"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@cz\/117010343384403832","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/163439","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=163439"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/posts\/163439\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media\/163440"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/media?parent=163439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/categories?post=163439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/cz\/wp-json\/wp\/v2\/tags?post=163439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}