CEZ Romania 2011 Revenue Slides 5% To EUR383M

02.28.2012 By Florentina Dragu

CEZ Romania, a unit of Czech power group CEZ AS, posted a 5% decline in sales to CZK9.5 billion (EUR383 million) in 2011, hit by lower revenue from distribution services and provisioning against litigation costs, the Czech utility said in its financial report Tuesday.

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