Basic Information
Joint stock company CEZ Distribuce, a.s. was founded by the fusion project which was approved by the only shareholder in a frame of general meeting on 12th July 2010. The Company was registered in the business register on 1st October 2010 with its basic capital in value of CZK 60bn.
1. Company backgrounds
CEZ Distribuce, a.s. is a holder of the power distribution licence and by course of law Act Nr. 458/2000 CoL it is also a distribution system operator. The company operates in Plzen county, Karlovy Vary county, Usti nad Labem county, Central Bohemia county, Liberec county, Hradec Kralove county, Pardubice county, Olomouc county, Moravskoslezky county and partly in Zlin and Vysocina county as well. The main mission of the company is to distribute electric power to individuals and legal entities and continuous quality improvement and reliability of supply to all consumers.
The goal of the company is to provide fully functional role of the asset executive administrator of distribution system in its sphere of action. As assumed for fulfilling the business aim and the mission of the company, an abundant tradition is needed as well as know-how taken over from former regional power companies and supported by congruous technical and HR background.
2. Products and services
The company priority task is to provide fully functional role of the efficient asset administrator of distribution system in the supply area of CEZ Group, generating the profit from regulated activity of the power distribution and while complying the conditions of Energy Law and Energy Regulatory Authority rules.
The CEZ Distribuce, a.s. competencies are to administrate of entrusted asset (technology and related distribution system equipment) and performance of owner´s rights over these assets, including providing of customer care from distribution point of view and that on every voltage level and the real time system management.
The company´s performance is based on optimal process settings with utilization of the best experience in asset management area. There are new cost management principles used in the company, concerning the system operation, standardization of used technologies and investment-developing programs management.
The goals of entrepreneurial activity
- High quality of services offered to costumers in the power distribution area and distribution system connections.
- Reliable operation of distribution system according to Energy Regulatory Authority standards.
Principles needed to meet these goals
- Efficient development of distribution system on base of detailed analysis of recovery of investments and reliability principles.
- Optimal management of distribution system with respect to loss and black-out minimizing and with keeping the maximal operational reliability.
- The most efficient purchase of purchased services with the maintenance and breakdown service cost optimisation.
3. CEZ Distribuce, a.s. development strategic programme
The aim is to build the prestigious company on European level out of CEZ Distribuce, a.s. which will classify as top company from the economic performance point of view and long-term stability in the electricity distribution asset management area.
4. Quality management policy
The CEZ Distribuce, a.s. is fully aware of the fact that a quality as an amount of needs and expectance performance ratio is the key factor of safety and competitiveness. The quality is a part of a social responsibility and is a concern of each and every individual in a society (or company).
Quality is reachable only through permanent creation of an environment for it. Therefore we set strategic goals as a frame for long-term planning and provide necessary financial and human resources. We continuously search and apply opportunities for improvement, develop our knowledge, skills and experiences. We, by self-example, lead our employees to reach their goals and to act according to principles of our company´s culture.
ČEZ Distribuce, a.s. management understands the quality as following these principles:
- We apply the partner and customer approach.
- We plan in accordance with the strategic goals.
- We standardize and describe our best experience.
- We execute our work tasks with no mistakes and first time.
- We check and immediately react to the imperfections.
- We decide on a basis of our knowledge of an issue and verified facts.
- We improve; we perform the changes flexibly and safely.
ČEZ Distribuce, a. s. with its registered office Děčín, Děčín IV-Podmokly, Teplická 874/8, PSČ 405 02, IČ: 24729035, registered with County Court in Usti nad Labem, section B, enclosure nr. 2145.