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Company profile
| Company name | OTE, a.s. |
|---|---|
| Location | Praha 8, Karlín, Sokolovská 192/79, PSČ 186 00 |
| Indetification number | 26 46 33 18 |
| Tax No. | CZ26463318 |
| Juridical form | Akciová společnost |
| Registred | in Commercial register in Prague, part B, file 7260 |
| Bank account | KB Praha 1, 195 582 760 247 / 0100 |
The environment in which OTE, a.s. engages in business is promarily governed by §27 of Act No. 458/2000 Coll. on the Terms of Enterprise and the Exercise of State Administration in the Energy Sector and on Amendments of Certain Acts (the Energy Act), as amended, and Act No. 695/2004 Coll. on the Terms of Trading with Greenhouse Gas Emission Allowances and Amendment of Certain Acts, as amended.
Key business activities:
- A processing and reporting business balance of elektricity according to data supplied by elektricity market participants.
- An organization of short-term markets and balancing market with regulating energy in cooperation with transmission system operator.
- The evaluation and settlement of imbalances between the agreed and actual electricity supplies and consumption.
- Publishing monthly and annual reports about Czech elektricity market.
- Collecting metered data from deliveries and supplies for market paticipants.
- The evaluation and settlement of regulating energy.
- Administration of registry for trading with greenhouse gas emission allowances.