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Revision as of 00:40, 25 October 2015 editJklamo (talk | contribs)Extended confirmed users, Pending changes reviewers12,165 edits →Slovakia: +SE← Previous edit Revision as of 01:01, 25 October 2015 edit undoJklamo (talk | contribs)Extended confirmed users, Pending changes reviewers12,165 edits +clarify ownership, possible IPONext edit →
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| homepage = {{URL|http://www.epholding.cz/}} | homepage = {{URL|http://www.epholding.cz/}}
| footnotes = <ref>Energetický a průmyslový holding, a.s. - 2014 Consolidated financial statement</ref> | footnotes = <ref name=ar>Energetický a průmyslový holding, a.s. - 2014 Consolidated financial statement</ref>
| intl = | intl =
}} }}
'''Energetický a průmyslový holding, a.s. (EPH)''' is a ] based company currently investing mainly in the energy sector in ]. The group's business lines include coal mining, gas, electricity and heat production and their distribution and sale to customers. EPH's shareholding structure was 44.44% ], 37.04% ] and 18.52% {{ill|cs|Daniel Křetínský}}. Most of the assets are grouped in '''EP Energy a.s.''' subholding created in 2010.<ref>{{cite web|author= |url=http://www.epenergy.cz/investori/akcionari/ |title=Akcionáři - EP ENERGY a.s |publisher=Epenergy.cz |date= |accessdate=2013-11-14}}</ref> '''Energetický a průmyslový holding, a.s. (EPH)''' is a ] based company currently investing mainly in the energy sector in ]. The group's business lines include coal mining, gas, electricity and heat production and their distribution and sale to customers. Most of the assets are grouped in '''EP Energy a.s.''' subholding created in 2010.<ref>{{cite web|author= |url=http://www.epenergy.cz/investori/akcionari/ |title=Akcionáři - EP ENERGY a.s |publisher=Epenergy.cz |date= |accessdate=2013-11-14}}</ref>


==Ownership== ==Ownership==
Company was founded in August 2009 as (indirect) subsidiary of ] Finance Group, as of October 2009 ownership structure was ] (40%), J&T (40%) and {{ill|cs|Daniel Křetínský}}.<ref>2009 EPH Annual Report</ref> In August 2012 PPF converted part of its debt for EPH shares and increase its share to 44.4% (decreasing J&T share to 37.04% and Daniel Křetínský share to 18.52%).<ref></ref> In June 2014 PPF sold its stake for 1.1 ] billions,<ref></ref><ref></ref> since then ownership Daniel Křetínský and ] own 2/3 share and J&T 1/3 share.<ref>{{cite web|author=EP Holding |url=http://www.epholding.cz/en/investors/shareholding-structure/ |title=Shareholding Structure |publisher=EP Holding |date= |accessdate=2014-11-05}}</ref> Company was founded in August 2009 as (indirect) subsidiary of ] Finance Group, as of October 2009 ownership structure was ] (40%), J&T (40%) and {{ill|cs|Daniel Křetínský}}.<ref>2009 EPH Annual Report</ref> In August 2012 PPF converted part of its debt for EPH shares and increase its share to 44.4% (decreasing J&T share to 37.04% and Daniel Křetínský share to 18.52%).<ref></ref> In June 2014 PPF sold its stake for 1.1 ] billions,<ref></ref><ref></ref> since then ownership Daniel Křetínský and ] own 2/3 share and J&T 1/3 share.<ref>{{cite web|author=EP Holding |url=http://www.epholding.cz/en/investors/shareholding-structure/ |title=Shareholding Structure |publisher=EP Holding |date= |accessdate=2014-11-05}}</ref> As of December 31 2014 shareholders were equally BIQUES LIMITED (part of J&T PARTNERS I L.P.), MILEES LIMITED (part of J&T PARTNERS II L.P.) and EP Investment S.à r.l. (owned by Daniel Křetínský), while rest of 44.4% was ].<ref name=ar/> Treasury stocks were cancelled in September 2015.<ref></ref>


In October 2015 EPJ announced its plan to reorganise all of its Central European infrastructure assets under one holding company, EP Infrastructure, and possibility of the disposal of a minority stake in that holding, inclucing an ].<ref>{{cite web|url=http://www.epholding.cz/en/press/eph-undertakes-internal-reorganisation-and-commences-review-of-strategic-alternatives-for-minority-shareholding-in-its-infrastructure-assets/|title=EPH undertakes internal reorganisation and commences review of strategic alternatives for minority shareholding in its infrastructure assets|date=22 October 2015|publisher=Energetický a průmyslový holding|accessdate=25 October 2015}}</ref>
⚫ == Activities by country ==


⚫ == Activities by country ==
===Czech Republic=== ===Czech Republic===
Main assets held in the Czech Republic are:<ref>{{cite web|author= |url=http://www.epenergy.cz/o-nas/prehled-firem/ |title=Přehled Firem - Ep Energy A.S |publisher=Epenergy.cz |date= |accessdate=2013-11-14}}</ref> Main assets held in the Czech Republic are:<ref>{{cite web|author= |url=http://www.epenergy.cz/o-nas/prehled-firem/ |title=Přehled Firem - Ep Energy A.S |publisher=Epenergy.cz |date= |accessdate=2013-11-14}}</ref>

Revision as of 01:01, 25 October 2015

Energetický a průmyslový holding, a.s.
IndustryElectricity, coal mining, heat generation
Founded2009
HeadquartersBrno, Czech Republic
Key peopleDaniel Křetínský (chairman, co-owner)
Revenue
  • Increase €3,665 million (2014)
  • €3,188 million (2013)
Operating income
  • Increase €846 million (2014)
  • €957 million (2013)
Net income
  • Increase €471 million (2014)
  • €524 million (2013)
Total assets
  • Increase €10,256 million (2014)
  • €12,435 million (2013)
Total equity
  • Increase €2,540 million (2014)
  • €4,261 million (2013)
Number of employees10,860 (2014)
Websitewww.epholding.cz
Footnotes / references

Energetický a průmyslový holding, a.s. (EPH) is a Czech Republic based company currently investing mainly in the energy sector in Central Europe. The group's business lines include coal mining, gas, electricity and heat production and their distribution and sale to customers. Most of the assets are grouped in EP Energy a.s. subholding created in 2010.

Ownership

Company was founded in August 2009 as (indirect) subsidiary of J&T Finance Group, as of October 2009 ownership structure was PPF (40%), J&T (40%) and cs [Daniel Křetínský]. In August 2012 PPF converted part of its debt for EPH shares and increase its share to 44.4% (decreasing J&T share to 37.04% and Daniel Křetínský share to 18.52%). In June 2014 PPF sold its stake for 1.1 EUR billions, since then ownership Daniel Křetínský and Patrik Tkáč own 2/3 share and J&T 1/3 share. As of December 31 2014 shareholders were equally BIQUES LIMITED (part of J&T PARTNERS I L.P.), MILEES LIMITED (part of J&T PARTNERS II L.P.) and EP Investment S.à r.l. (owned by Daniel Křetínský), while rest of 44.4% was treasury stock. Treasury stocks were cancelled in September 2015.

In October 2015 EPJ announced its plan to reorganise all of its Central European infrastructure assets under one holding company, EP Infrastructure, and possibility of the disposal of a minority stake in that holding, inclucing an initial public offering.

Activities by country

Czech Republic

Main assets held in the Czech Republic are:

Germany

In September DPH announced acquisition (through MIBRAG) of Buschhaus Power Station and nearby Schöningen coal mine.

Hungary

In June 2015 it was announced, that EPH will acquire 95.6% stake in Budapesti Erőmű from Électricité de France. Budapesti Erőmű owns three gas-fired cogeneration plants in Budapest region: hu (installed capacity of 188 MWe and 395 MWth), hu (105 MWe and 421 MWth) and hu (113 MWe and 366 MWth). These plants meet almost 60% of the demand for heat in Budapest and generate approximately 3% of Hungarian electricity.

Italy

In January 2015 it was announced, that EPH will acquire part of E.ON assets in Italy:

Poland

Slovakia

In January 2013, EHP acquired from GDF Suez and E.ON Slovak Gas Holding, owner of 49% share in Slovenský plynárenský priemysel for approximately €2.6 billion. In September 2013 Government of Slovakia agreed to reorganization of SPP. As result Slovakia will gain 100% stake SPP, but EPH will gain 49% stake and management control in SPP Distribúcia, that will acquire most of current SPP subsidiaries.

In May 2013 Électricité de France (EDF) confirmed that it would sell its 49 percent stake in Stredoslovenská energetika (SSE) to EPH for about 400 million €.

In December 2013 EPH acquired 40.45% stake in gas storage operator sk [NAFTA (company); NAFTA] from E.ON, while 56.15% stake is held by EPH controlled SPP Infrastructure.

In October 2015 EPH is in final round of negotiations to buy Enel´s 66% stake in Slovenské elektrárne, former Slovak electric utility state monopoly.

United Kingdom

In November 2014 it was announced, that EPH will acquire Eggborough Power Station. The transaction was completed in January 2015.

References

  1. ^ Energetický a průmyslový holding, a.s. - 2014 Consolidated financial statement
  2. "Akcionáři - EP ENERGY a.s". Epenergy.cz. Retrieved 2013-11-14.
  3. 2009 EPH Annual Report
  4. Týden.cz: Kellner v srpnu zvýšil podíl v EPH na 44,4 procenta
  5. motejlek.com: Kellner prodá svůj podíl v EPH, od Křetínského, Tkáče a J&T struktur dostane 30 miliard korun
  6. lidovky.cz: PPF prodá svůj podíl v EPH. Holding ovládnou Tkáč a Křetínský
  7. EP Holding. "Shareholding Structure". EP Holding. Retrieved 2014-11-05.
  8. EPH: EPH decreases its registered capital via cancellation of own shares
  9. "EPH undertakes internal reorganisation and commences review of strategic alternatives for minority shareholding in its infrastructure assets". Energetický a průmyslový holding. 22 October 2015. Retrieved 25 October 2015.
  10. "Přehled Firem - Ep Energy A.S". Epenergy.cz. Retrieved 2013-11-14.
  11. "EP ENERGY kupuje významný podíl v elektrárně Schkopau - Tiskové zprávy EP ENERGY a.s". Epenergy.cz. 2012-07-17. Retrieved 2013-11-14.
  12. "EP Energy acquires the Helmstedt mining district including the Buschhaus power plant - Tiskové zprávy EP ENERGY a.s". Epenergy.cz. 2013-09-18. Retrieved 2013-11-14.
  13. "EDF and EP Energy sign definitive agreement for the sale of 95.6% of Budapesti Erőmű". Energetický a průmyslový holding. Retrieved 30 July 2015.
  14. České noviny: EPH group buying seven power plants in Italy from E.ON
  15. Reuters: E.ON sells most of Italian business to Czech-based EPH
  16. Fatto Quotidiano: E.on vende 7 centrali elettriche italiane alla ceca Eph. Sindacati in allarme
  17. "EPH acquires a 49% stake and management control in Slovenský plynárenský priemysel a.s. (SPP) - Pro média - EPH". Epholding.cz. Retrieved 2013-11-14.
  18. "Další Křetínského vítězství na Slovensku – slovenská vláda právě schválila zpětný nákup podílu EPH v SPP «". Motejlek.com. Retrieved 2013-11-14.
  19. "04_materiál.docx". Rokovania.sk. Retrieved 2013-11-14.
  20. "Deals of the day - mergers and acquisitions". Reuters. Retrieved 2013-11-14.
  21. The Slovak Spectator: E.ON sells 40 percent stake in Slovak Nafta to EPH
  22. Global Gas Transport: EPH acquires 40 per cent stake in Slovakia’s Nafta
  23. Reuters: Enel in broad agreement on Slovenske stake sale to EPH-source
  24. Žižka, Jan (4 November 2014). "Křetínský koupil elektrárnu v Británii. Má výkon jako Temelín" (in Czech). lidovky.cz. Retrieved 5 November 2014.
  25. EPH: EPH has completed the transaction for the purchase of Eggborough

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