The Application of Cash Pooling into Business Practice – ČEZ Group

The article below shows the way the largest Czech holding company – ČEZ Group, has set out. The article describes both the legal and tax environment for companies working mostly in Central and Southeastern Europe in the energetics business. The objective is to further expand the horizon of readers about the financial product possibility of real cash pooling, how it functions and consequently its introduction in the life of ČEZ Group. Comparing two variants, single-level and multi-level real cash pooling, with their advantages and disadvantages, gives the reader a brief view of the problems involved