The drop in crude oil prices has not influenced ČEPRO’s results. The company managed to compensate the risk of rapid drop in commodity prices in relation to its reserves through commodity hedging instruments. This was stated by ČEPRO’s general director Jan Duspíva in a survey by ČIANEWS. According to Mr. Duspíva, the plans for 2015 foresee conservative development in all business activities. The investment plant, totalling ca. CZK 300m, focuses primarily on raising the technological level of storage capacities and acquisition of fuelling stations.
Source: www.cianews.cz
