TRANSELECTRICA
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Transelectrica Says Financial Position ‘Solid’
Romanian state-run power grid operator Transelectrica (TEL.RO) Thursday assured investors of its “solid” financials, saying it has the necessary funds to repay maturing debt.
Moody's Downgrades Transelectrica To Non-Investment Grade
Moody's Investor Service has downgraded the long-term corporate family rating of Romanian power transmission company Transelectrica from Baa3 to Ba1, the first non-investment grade, and assi...
Transelectrica Names Gabriel Gheorghe As Interim Board Member
The managing board of Romanian state-owned power grid operator Transelectrica (TEL.RO) appointed Gheorghe-Gabriel Gheorghe as interim member of the board, replacing Remus Vulpescu, who resig...
Transelectrica Appoints Interim Board Chairman
Romanian liberal MP Mircea Ciopraga was appointed member in the managing board of state-owned power grid operator Transelectrica (TEL.RO), replacing Gheorghe Stefan who resigned, and will al...
Romania Signs RON180M Contract To Upgrade Transelectrica Station
Romanian Economy Minister Daniel Chitoiu on Tuesday signed a contract for non-refundable financing for a project to upgrade a station run by national power grid operator Transelectrica, thro...
Survey: Romania’s Green Certificate Scheme Too Generous, Will Harm Energy System
The aid granted by Romania to support the production of renewable energy is too generous and will lead to overcapacity, which will affect the stability of the country’s energy system, accord...
Citibank Lends RON125M To Romania's Transelectrica
Romanian state-owned power grid operator Transelectrica (TEL.RO) took a five-month loan worth 125 million lei (EUR28 million) from the local unit of US financial group Citibank.
Transelectrica Wants Dual Board System
Romanian power grid operator Transelectrica (TEL.RO) Wednesday proposed giving up its unitary board system in favor of a dual system, the company said in a call to shareholders.
Transelectrica To Upgrade Power Station Using Non-Reimbursable Funds
Romanian state-run power grid operator Transelectrica (TEL.RO) will upgrade a power station in the central city of Brasov with non-reimbursable public financing amounting to 45.3 million lei...