CEZ: Romania has a low exposure to international financial crisis energy-wise

Energy companies will be more careful with the money they allocate to project development because of the international crisis, considering investments in this field take a very long time to recoup, say the officials of CEZ, one of the leading players on the domestic energy market that posted more than 416 million euros in turnover last year.

Other than this effect, the local energy market seems quite sheltered from the international storm.

Energy companies will be more careful with the money they allocate to project development because of the international crisis, considering investments in this field take a very long time to recoup, say the officials of CEZ, one of the leading players on the domestic energy market that posted more than 416 million euros in turnover last year.
Other than this effect, the local energy market seems quite sheltered from the international storm.
 
"Energy-wise, because of its balanced generation portfolio, where hydropower and nuclear power account for a large share, and the thermoelectric power plants run mostly on domestically obtained fuel, Romania has a low exposure to the international financial crises," says Adrian Borotea, corporate affairs manager of CEZ Romania.

Ziarul Financiar