Our Company
Who we are
Having 730,000 customers, Pražská energetika Group (PRE) with registered office in Prague is the third largest electricity supplier in the Czech Republic. At the moment the company has approximately 1,330 employees, supplies circa 6.5 TWh of electricity to its customers per year and in 2009 the company generated the turnover of CZK 20.3 billion.
Fundamental activities of the company are focused on the sale of electricity, trading with electricity, electricity distribution and auxiliary energy services.
History of PRE´s close connection with Prague - which has 1.2 million inhabitants - dates back to 1897, when the company called Electrical Works of the Royal City of Prague was founded; at that time the company’s task was the supply of electricity, as well as providing for street lighting and operation of tramways.
Over the years this enterprise gradually developed into a modern, customer-focused company, which is aware of its social as well as environmental responsibility.
PRE copes with the challenges of the market that undergoes liberalisation and the company also advocates free competition in the energy industry.
In order to provide for non-discriminatory behaviour of a network operator the company has founded its own distribution company PREdistribuce, a.s. at the start of the year 2006. Main tasks of this new entity contain operation, administration and renewal of distribution networks in Prague and the town of Roztoky.
In addition to the new distribution system operator there are two other 100% owned subsidiaries of PRE that contribute to providing for electricity supply in Prague:
- PREměření, a. s. – repairs and installation of electricity meters; reading of electricity meters at the customer premises on the supply territory of PREdistribuce, a. s.
- PREleas, a. s. – leasing operations for members of the PRE Group
In accordance with their motto “Convenient Energy for You” all entities of the PRE Group consider reliable supply of electricity to all customers in their respective supply territory as their priority task.
Basic Details:
| Company | Pražská energetika, a. s. |
| Legal Form | Joint stock company registered in the Company Register at the Municipal Court in Prague, section B, insert 2405 |
| Date of Foundation | 1 January 2004 |
| Registered Office | Na Hroudě 1492/4, Prague 10 – Vršovice, Postal Code 100 05 |
| Company ID | 60193913 |
| Tax ID | CZ60193913 |
| Main Subject of Business | Trading with electricity |
| Bank Account Details | Československá obchodní banka, a.s., Na Příkopě 14, Praha 1 - Nové město, Postal Code 115 20, Account No. 4001-0900109423/0300 |

