ČEPS took over RWE Gas Storage CZ

The new name of the company is Gas Storage CZ, s.r.o.

The state-owned electricity transmission system operator ČEPS has completed the acquisition of RWE Gas Storage CZ. The merger was cleared by the Office for the Protection of Competition on Friday 15 September 2023, and the transfer deed was signed by representatives of both companies on Monday 18 September.  The purchase of RWE Gas Storage CZ through CEPS was approved by the Government of the Czech Republic on Wednesday 23 August 2023.

The company was registered in the Commercial Register as Gas Storage CZ, s.r.o.