TRANSELECTRICA
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Transelectrica To Launch RON200M Bond Wednesday
Romanian power grid operator Transelectrica (TEL.RO) will launch December 11 a five-year 200 million lei (around EUR45 million) bond whose proceeds will be used to refinance older loans and...
Romania Electricity Consumption Seen Down 4% This Year
Romania’s electricity consumption is expected to fall by around 4% in 2013, less than initially estimated, a director of state-run power grid operator Transelectrica said Tuesday.
Transelectrica 9-Month Net Profit Soars To RON131.6M
Romania’s state-run power grid operator Transelectrica (TEL.RO) Thursday reported a surge in the net profit for the first nine months, fueled by an increase in transport revenue and a declin...
BCR To Broker Transelectrica’s RON200M Bond
Romanian power grid operator Transelectrica (TEL.RO) Friday said it has hired local lender BCR to assist with its planned 200 million lei (about EUR45 million) five-year bond issue due for l...
Transelectrica: Romania Could Be ‘Swamped’ By Electricity Imports
Connecting Romania’s power grid system to other states in the region could boost energy exports, but it could also expose the local market to a massive influx of electricity, an official of...
Transelectrica Has Three New Executive Board Members After Two Dismissals
The Supervisory Board of Romanian state-run power grid operator Transelectrica (TEL.RO) has appointed three new managing board members after dismissing Ioan Diaconu and Adrian Constantin Rus...
Transelectrica’s Operating Revenues Seen Down 7.2% In 2013, To RON2.57B
Romanian state-owned power grid operator Transelectrica (TEL.RO) expects its operating revenues to decrease by 7.18% to 2.57 billion lei (EUR576 million) in 2013 and increase by 6.5% to RON2...
Romania Electricity Consumption Expected To Fall 19.4% By 2017
Romanian state-run power grid operator Transelectrica (TEL.RO) estimates the country’s electricity consumption will drop at an annualized rate of around 4% in 2013-2014, the company said in...
Transelectrica Might Sack Some 400 Employees In Next Four Years
Romanian state-owned power grid operator Transelectrica (TEL.RO) might lay off 300-400 employees in the next four years as installations will be operated automatically and fewer workers will...