CEZ, a. s. (SEP:CEZ) and CEZ Group invited four candidates interested in acquiring its assets in Bulgaria to submit binding bids and bank guarantees for their price offers, local media reported. CEZ Group assets in Bulgaria include CEZ Distribution Bulgaria AD, CEZ Electro Bulgaria AD (BUL:1CZ), CEZ Trade Bulgaria EAD and Varna Power Plant. Two of the candidates are INTERCOM GROUP, Ltd. and TEC-Bobov Dol EAD, while the other two are ENERGO- PRO a.s. and a consortium between STFA Yatirim Holding A.S. and Prista Oil Holding EAD, Capital Daily newspaper reported, citing "various sources close to the process." On May 17, 2017, CEZ Group said it has started negotiations with selected investors on the sale of its assets in Bulgaria.

The company did not disclose the names of the selected companies.