Bulgarian Power Utility CEZ Launches Electronic Invoices

Business » ENERGY | August 12, 2010, Thursday // 15:13
Bulgarian Power Utility CEZ Launches Electronic Invoices: Bulgarian Power Utility CEZ Launches Electronic Invoices In the last five years since Czech-owned power utility CEZ has been in Bulgaria, they have invested in the country about BGN 1.7 B. File photo

The Czech-owned power utility CEZ, one of the three major electric power suppliers in Bulgaria, will soon offer its customers the option to receive electronic invoices instead of paper ones.

CEZ is currently pilot testing the new software and by the beginning of 2011, customers in Sofia and western Bulgaria, which the company servers, will be able to get their invoices on the internet, the CEZ management informs.

According to company data, in the last five years CEZ has invested in Bulgaria about BGN 1.7 B; of them BGN 400 M in the power distribution network. Losses from this network are down 5% in 5 years – from 20% to 15%.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Energy » Be a reporter: Write and send your article
Tags: CEZ, electronic invoice, power supply network, investment

Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria