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Profile and history
Establishment
MVV Energie CZ a.s. was established on 6 October 1993 as EPS ČR s.r.o. Its main line of business was the provision of energy-related services and the original majority owner of the company was the US-based Energy Performance Services Inc.
Expansion
In 1999, the German MVV Energie AG, one of the largest heat-generating Companies in Europe, bought the majority share. Over the next few years, it managed to develop an extensive heat-generating group in the Czech Republic, operating in 16 cities throughout the country. MVV Energie CZ a.s. is wholly owned by the German MVV Energie AG.
Business
Companies in the MVV Energie CZ Group are engaged primarily in the generation and distribution of heat, and some of the companies also generate electricity, take care of the water-management in a city, or provide telecommunication and other services. MVV Energie CZ a.s. has the longest experience in the implementation of energy-saving projects in the Czech Republic, and in addition to services employing the EPC method (Energy Performance Contracting), it also offers customers all over the country the Monitoring and Targeting, Energy Contracting, Outsourcing, Energy Audits, the implementation of projects through PPP (Public Private Partnerships), and the operation of energy sources.
Consumers
Our customers in 16 cities across the Czech Republic are municipalities, households, small and also large companies. In 2008/2009, the Group generated 3.9 mil. GJ* of heat. The Group’s revenue in the 2008/2009 financial year is CZK 2.9 bil.*
Profile
The Group’s motto is “Responsible Energy”. The main energy generation sources in the MVV Energie CZ Group are ecological, and 43 %* of its production comes from the combustion of natural gas. A project unique in the Czech Republic is a geothermal source of energy, which has been operated by TERMO Děčín a.s. since 2002. Since November 2009 is IROMEZ s.r.o., traditional producer of energies from a biomass in Czech Republic, member of a group.
THE FUEL BASE OF THE GROUP *
* Information is valid on the date of 30th September 2009; not including the impact of the results of IROMEZ s.r.o.
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