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PRE will invest CZK 1.5bn again in 2017

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The company Pražská energetika (PRE)will invest about CZK 1.5bn in 2017 as well as in previous years.

The company Pražská energetika (PRE)will invest about CZK 1.5bn in 2017 as well as in previous years. It will invest particularly in the transmission network, its renovation and construction with a goal to raise the reliability of supplies of power in Prague, ČIANEWS was told by PRE spokesman Petr Holubec adding that the volume of supplies was similar to the situation one year earlier as of the end of Q3 2016. He said that savings by consumers offset a certain growth in the demand caused by the recovered economy. Revenues from sales of electricity are on the level of last year as well. This means that results for the year 2016 will most likely be the same as in 2015

Source: www.cianews.cz

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