Jiri Koptik appointed as CEO of MVV Energie CZ

Jiri Koptik, an experienced manager in the Czech energy market, has been appointed as the new CEO of the Czech subgroup of the Mannheim-based energy company MVV Energie from 1 November 2014.

As announced by the company in Mannheim and Prague on Friday, Koptik will thus succeed Vaclav Hrach, who left the company of his own volition in the spring. Together with the existing executive board member Libor Zizala, Koptik will supplement the company’s management.

Koptik previously worked for the leading Czech energy company CEZ from 2010 to 2013, where he was most recently responsible for the grid division with around 4,000 employees. Having graduated in economics from the University of Economics in Prague in 1999, he worked for six years as a product manager at SAP in Germany and in the Czech Republic and for a further six years at the management consultancy AT Kearney in Prague. Koptik is married and has two children.

Dr. Werner Dub, Chairman of the Supervisory Board of MVV Energie CZ and Executive Board member at MVV Energie, said:

"With his competence, his personality and his wealth of experience in the Czech market, Jiri Koptik is eminently suited to our group of companies, with its focus on sustainability and growth."

MVV Energie CZ has been a subsidiary of the German energy group MVV Energie since 1999. According to Dr. Dub, the company has "continued to develop very pleasingly" in recent years. With 555 employees in a total of 15 Czech towns and cities, MVV Energie CZ generated sales of almost Euro 106 million last year and turned over more than a million megawatt hours of heating energy and 190,000 megawatt hours of electricity.

MVV Energie CZ a.s. is the parent company of a dynamically developing district heating group mainly operating in the Czech regions of Moravia, North Bohemia and Kraj Vysoina. MVV Energie CZ a.s. was established in October 1993. The company has been a subsidiary of the Mannheim-based German energy group since 1999. The MVV Energie CZ Group comprises 15 shareholdings in 15 towns across the Czech Republic. With a total of 555 employees, the Group focuses primarily generating and distributing heating energy, with secondary business lines in the generation of electricity, supply of drinking water, disposal of wastewater and rainwater and provision of communication services.