TRANSELECTRICA
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Transelectrica To Upgrade Power Station For EUR5M
Romanian power grid operator Transelectrica (TEL.RO) will invest 22.6 million lei (about EUR5 million) in upgrading a power station.
Failure Of 2012 Privatizations: From EUR1B Initially Expected To EUR37M
The Romanian state expected to raise around EUR1 billion from privatizations in 2012, but got only EUR37 million from the stock exchange sale of 15% in state-owned power grid operator Transe...
Transelectrica Net Profit Falls To RON22.6M In 1H
Romanian state-run power grid operator Transelectrica (TEL.RO) Tuesday said its net profit dropped 87.4% on the year to 22.58 million lei (EUR4.98 million) in the first half, hit by higher c...
Transelectrica To Use Central Depository Services For Dividend Payment
Romanian power grid operator Transelectrica (TEL.RO) will use the Central Depository’s services to pay out last year’s dividends to its shareholders, thus becoming the first state-run compan...
Transelectrica Takes New Loan To Finance Unit Upgrades
Romanian energy company Transelectrica (TEL.RO) Wednesday said it will borrow EUR42 million to finance upgrade works at its power stations.
Erste Cuts Transelectrica Target Price, Recommends Buy
Austria’s Erste Group Bank Tuesday cut by 22% to 15.2 lei (EUR3.27) a share its 12-month target price on Romanian power grid operator Transelectrica (TEL.RO) and raised its recommendation to...
Transelectrica Approves Dual Board System
Romanian power grid operator Transelectrica (TEL.RO) Wednesday approved changing its board structure from unitary to dual, the company said in a statement.
Transelectrica Takes Another Non-Refundable Loan For Investments
Romanian state-owned power grid operator Transelectrica (TEL.RO) Thursday said it has signed a financing agreement for up to 50 million lei (EUR11 million) to upgrade its Tulcea Vest power s...
Transelectrica Inks RON50M Financing Deal To Upgrade Unit
Romanian state-owned power grid operator Transelectrica (TEL.RO) Thursday said it has signed a financing agreement for up to 50 million lei (EUR11.6 million) to upgrade its Mintia power stat...