The Czech energy firm received one other billion and goes to Brazil – Seznam Právy

Czech businessman Jaromír Tesar plans for an additional good 12 months. His firm Energo-Professional has elevated its revenue by 60 p.c within the first quarter and expects to earn as much as eight billion crowns for the entire 12 months. That’s, like final 12 months. The corporate stated this in a press launch.

Energo-Professional has been working for 30 years and is the biggest home investor in hydropower. It produces electrical energy at dams in Bulgaria, Turkey and Georgia. Final 12 months, he purchased one cascade in Spain, one other energy plant is being in-built Colombia, and in the beginning of the 12 months they introduced their intention to put money into Brazil. The dad or mum firm DK Holding operates two hydroelectric energy vegetation within the Czech Republic on the Elbe.

The carpenter rigorously protects his privateness, he doesn’t give interviews and even his photographs don’t flow into within the media. Nevertheless, his firm frequently publishes detailed outcomes on account of bond points. The fifty-year-old Carpenter is listed within the business register as its sole proprietor.

Final 12 months, your entire group produced 1.2 terawatt hours of electrical energy worldwide, which has similarities to the scale of the Vltava route from Lipno to Štěchovice. The newly bought dams in Spain and Turkey and elevated manufacturing in Georgia have been mirrored within the outcomes.

The very best worth of the EBIT phase was 2.7 billion. After deducting curiosity funds and funding prices, the corporate had about half, most of which was for use for additional acquisitions. In Brazil, two initiatives are within the remaining phases of negotiation.

Energo-Professional’s complete income within the first quarter reached 9 billion crowns. Nearly every part comes from hydroelectricity, excluding Georgia, the place the corporate, along with hydroelectric energy vegetation, has one fuel energy plant and likewise a big a part of the native distribution community . It additionally operates a distribution system in Bulgaria. Due to nearly 100% water manufacturing, Energo-Professional belongs to the businesses with the greenest picture within the Czech Republic.