Companies|Energy & Green Biz
Vratislav Ludvík|13.04.2012

Why Prague City Hall should make a grab for Pražská plynárenská

Prague City Hall took a first step towards buying out its fellow shareholder in the Czech capital’s gas distribution company, German power giant E.ON, by ordering a valuation of Pražská Plynárenská. But is the move such a good idea when the council is seeking to curb its deficit? Vratislav Ludvík puts the case for the city to make a wholehearted dash for the gas distribution business.