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18 September 2006 -- The new Czech Government plans to sell 16 percent of CEZ energy supplier on the Prague stock exchange, Finance Minister Vlastimil Tlusty said Sunday. The Czech state currently holds a 67 percent stake in the company.

Two years ago, experts valued the sale of such a package at a minimum of €516 million ($648 million dollars). Tlusty's predecessor Bohuslav Sobotka of the opposition Social Democrats rejected the planned sale as badly timed. CEZ is the largest supplier of electricity in the Czech Republic and operates a nuclear plant at Temelin.

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