TRANSELECTRICA
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Politicians Replaced Transelectrica CEO Five Times In Three And A Half Years
All the politicians in office at the Economy Ministry over the last four years have felt they had to appoint new chief executives at Transelectrica (TEL.RO), the company that operates the na...
Transelectrica Names New General Manager
Romanian state-run power grid operator Transelectrica (TEL.RO) has appointed Marius Ion Mateescu as the new general manager, the company said in a statement Wednesday.
Transelectrica Board Member Resigns
Horia Hahaianu resigned from the Managing Board of Romanian state-owned power grid operator Transelectrica (TEL.RO), and he was replaced on an interim basis by the head of the Economy Minist...
Transelectrica’s Mystery: Turnover Up, Profit Down, Shares At 2-Year Low
The net profit of Romanian power grid operator Transelectrica (TEL.RO) fell 3.7 times in the first quarter to 43.6 million lei (EUR10 million), while its turnover rose 18% to RON884 million...
Transelectrica 1Q Net Profit Falls To RON43.6M
Romanian power grid operator Transelectrica (TEL.RO) Monday reported a first quarter net profit of 43.6 million lei (EUR10 million), much lower than RON160.8 million in the year-earlier peri...
Transelectrica Pays RON1.1/Share Dividend In 2012
Romanian state-run power grid operator Transelectrica (TEL.RO) approved paying out a gross dividend of 1.1 lei (EUR0.251) a share from the 2011 net profit, well above RON0.116 paid last year...
Dobrogea Is Chock-full Of Wind Farms. Moldavia Is Next
South-eastern Romania is full to the brim with wind power projects, some of them already functional and some in various stages of approval, with wind farm investors now targeting Moldavia, a...
Franklin Templeton Funds Buy 2.82% In Transelectrica For RON4.6M
Two investment funds administrated by Franklin Templeton Investments have bought a total stake of 2.82% in Romanian power grid operator Transelectrica (TEL.RO) in a secondary public offering...
Privatization Money Will Be Wasted Unless Spent On Real Projects
Romania risks privatizing companies for nothing if the money goes to wage and pension payments. The government has to come up with real projects for spending the almost EUR240 million to be...