Czech energy company ČEZ has established a new subsidiary, ČEZ Energy, to consolidate its non-production assets. These include sales, distribution, trading, and energy services, according to ČEZ CEO Daniel Beneš. Analysts interpret this move as a significant step towards the anticipated nationalization of the company. ČEZ aims to complete this restructuring by the end of the first quarter of next year. Following the separation, the group intends to seek investors for the new entity. The creation of ČEZ Energy signals a potential shift in the company’s structure and ownership. This restructuring is occurring amidst ongoing discussions regarding the future of ČEZ and the Czech government’s role in the energy sector.