TRANSELECTRICA
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Senate Adopts Ordinance On Placing Transelectrica, Transgaz Under Government Secretariat’s Authority
Romania’s Senate adopted the ordinance on placing state-run companies Transelectrica (TEL.RO) and Transgaz (TGN.RO) from the Finance Ministry to the government’s General Secretariat.
Transelectrica 2014 Net Profit Seen More Than Halved At RON96.9M
Romanian state-run power grid operator Transelectrica (TEL.RO) estimates a net profit of 96.9 million lei (EUR21.77 million) in 2014, down by over 50% compared with RON203.3 million a year e...
Transelectrica Proposes 5.5-Fold Higher Dividend For 2013
Romanian state-run power grid operator Transelectrica (TEL.RO) proposed the payment of gross dividend worth RON2.228 for 2013, 5.5-fold higher on the year, totaling RON163.31 million (EUR36....
OPCOM May Sue EC, ANRE Over EUR1M Fine
Romanian power exchange OPCOM might sue the European Commission as well as Romania’s energy watchdog ANRE over the EUR1 million fine imposed for discriminating against foreign electricity tr...
EU Fines Romania Power Exchange EUR1M For Discriminating Against Foreign Traders
The European Commission on Wednesday imposed a fine of just over EUR1 million on Romanian power exchange OPCOM for discriminating against foreign electricity traders for a period of five yea...
Transelectrica Ready To Invest EUR1B In Network Expansion
Romanian state-run power grid operator Transelectrica (TEL.RO) is willing to invest over EUR1 billion in expanding its network, but the company’s development strategy is tightly linked to th...
EBRD Buys Transelectrica Bonds Worth EUR40M
European Bank for Reconstruction and Development (EBRD) bought one-fifth in the five-year bond issuance worth 200 million lei (EUR44.8 million) launched by Romanian state-owned power grid op...
Transelectrica 2013 Net Profit Soars To RON162.3 Million
Romanian state-owned power grid operator Transelectrica (TEL.RO) Monday said its net profit rose to 162.3 million lei (EUR36.2 million) in 2013, from RON36.5 million in the previous year.
Transelectrica Supervisory Committee Dismisses Board Member
The supervisory board of Romanian state-owned power grid operator Transelectrica (TEL.RO) Friday dismissed Florin Mihaita Boiangiu from the position of member in the board of directors.