Severoceske Doly A.S. (Czech Republic)

Severoceske Doly A.S. is a company located in Chomutov, Czech Republic. It was incorporated according to the Commercial Code No. 513/1991 Coll., as amended, in accordance with the generally binding regulations in the Czech Republic. The company's main business activities include mining, processing, and sales of brown coal and associated raw materials. The company's information is recorded in the Commercial Register maintained by the Regional Court in Usti nad Labem, in Section B, Insert 495. Severoceske Doly A.S. is a controlled entity within the ČEZ Group, controlled by ČEZ, a.s. This announcement is made in accordance with Section 79 (3) of Act No. 90/2012 Coll., on Business Corporations, as amended. The company operates its mining activities in the North Bohemian Brown Coal Basin at two separate locations, Tušimice and Bílina. The Bílina mines are producers of low-sulfur sorted and energy coal, while the Nástup Tušimice mines primarily produce energy coal. The range of production is very wide, and the company has a diverse customer base, to whom it guarantees the quality and standards of the produced coal. The company is the largest producer of brown coal in the Czech Republic. The company's mission is not only coal mining for energy purposes but also recognizes the need for appropriate compensation for the use of natural resources through the mitigation of the consequences of mining activities. The thorough preparation and implementation of landscape restoration and ecological stability after brown coal mining are fundamental aspects of the company's activities. For this purpose, the company creates financial reserves for remediation and reclamation, as well as reserves for the settlement of mining damages. The reclamation activities of Severoceske Doly have gained recognition both domestically and internationally.