The co-owner and managing director of Bohemia Energy, Jiří Písařík, has apologized for letting down the company’s 900,000 clients. Písařík said Bohemia Energy did not become insolvent, but had to shut down in order to avoid bankruptcy. He said the company intends to return overpayments to clients, and he also criticized replacement “suppliers of last resort” for upping costs for former Bohemia Energy customers, claiming they are using the situation to generate profit.