Privatization and Modernization of the Electricity Sector in the CEE Transition Countries

  • Zdenek Hruby
Conference paper


According to the European Bank for Reconstruction and Development (EBRD), a total of 6 billion US dollars of foreign investment flowed into the transition countries’ major infrastructure companies between 1990 and early 1996. These investments were primarily in the telecommunication industry and, to a lesser extent, the electricity and gas sectors. This represents 20% of the cumulative flow of direct foreign investment for the period. International commercial banks have also become more active in the region, although in 1995, twice as much lending money flowed into the infrastructures of Latin American countries (a region with a population of about 450 million compared to 400 million in the EBRD’s countries of operations.)


Czech Republic Direct Foreign Investment Energy Intensity Energy Sector Nuclear Plant 


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.


  1. EBRD (1996), Transition Report — Infrastructure and savings, London.Google Scholar
  2. Hill, R (1996), Seven years after the fall of the Berlin Wall difficult tasks at the heart of transition remain to be tackled, says EBRD’s 1996 Transition Report, EBRD, London,.Google Scholar
  3. Hruby, Z. (1994), Energy Sector Study: Czech and Slovak Federal Republic, ESRC East-West Programme Working Paper No. 1, Heriott-Watt University, Edinburgh.Google Scholar
  4. Jasinski, P. (1994), Competition in the Electricity Supply Industry, RPRC Working Paper No. 4, Hertford College, Oxford.Google Scholar
  5. Jasinski, P. (1994), Regulation and systemic transformation, RPRC Working Paper No.2, Hertford College, Oxford.Google Scholar
  6. Meinecke, H.U. (1995), CEE What Are the Opportunities? Paper presented at The Fourth Annual Independent Energy Forum, NRG, Berlin.Google Scholar
  7. MIT (1993), Energy in the Czech Republic, Prague.Google Scholar
  8. MIT (1995), Energy Policy in the Czech Republic, Draft, Prague.Google Scholar
  9. OECD/IEA (1994), Electricity in European Economies in Transition, Paris.Google Scholar
  10. OECD/IEA (1995), World Energy Outlook, Paris.Google Scholar
  11. Planecon Reports. Different Issues. Washington D.C., 1992–1993.Google Scholar
  12. Valentiny, P. (1994), Energy Regulation in Hungary, ESRC East-West Programme Working Paper No. 3, Heriot-Watt University, Edinburgh.Google Scholar
  13. Valentiny, P., Ungvari, G. (1995), Evolving Regulatory Schemes in Hungarian Energy Industries, Paper presented at Regulation network Meeting, Berlin.Google Scholar
  14. Weisheimer, M. (1995), Zum längerfristigen Einfluβ von Mittel- und Osteuropa auf die deutschen Energiemärkte, WiW 11/1995, IWH Halle.Google Scholar
  15. Young, M.A. (1995), CEE: Where Are the Opportunities? Paper presented at The Fourth Annual Independent Energy Forum, Price Waterhouse, Berlin.Google Scholar

Copyright information

© Springer-Verlag Berlin · Heidelberg 1999

Authors and Affiliations

  • Zdenek Hruby

There are no affiliations available

Personalised recommendations