Západoslovenská energetika

The first power plant in Slovakia launched its operation in 1884 in the S. Ludwig mill in Bratislava. The establishing General Meeting of Západoslovenská elektrárna took place on 20 December 1921. The company acquired its legal form on 1 June 1922. It was transformed into a joint-stock company in 2001 within the preparations for privatisation. Representatives of the Slovak government and the German E.ON Energie Group based in Munich signed an agreement on transferring a 49% share in ZSE to E.ON Energie at a price of EUR 330 million on 19 November 2003, by which the privatisation was concluded. Under European legislation aimed at ensuring non-discriminative conditions on the energy market, in 2007 a legal unbundling of the company took place, resulting in the establishment of ZSE Energia, a.s. as an energy trader and ZSE Distribúcia, a.s., later renamed to Západoslovenská distribučná, a.s., as an independent distribution system operator.

After 2008, ZSE extended its activities and turned from a commodity (utility) supplier to a supplier of comprehensive energy solutions for households, companies and institutions. Electricity and gas sales were supplemented by several non-commodity services and services aimed at renewables (photovoltaic - PV, solar collectors, air-conditioning, various assistance services, insurances, smart home appliances, etc.). Utilities and non-commodity services are being sold through its ZSE Energia, a.s. subsidiary.