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TRANSELECTRICA

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Energy

Transelectrica Seeks RON150M Credit As Buffer On Balancing Market

Romanian power grid operator Transelectrica (TEL.RO) on Wednesday announced it seeks a 150 million lei (EUR34.5 million) credit line to use as buffer for the payment of transactions in the b...

Andrei Cîrchelan · 15.02.2012 · 15:55 · 1 min
Energy

Romania To Sell 15% In Transelectrica In March - Broker

Romania plans to launch a secondary offering of 15% in state-run power grid operator Transelectrica (TEL.RO) early March, one of the brokers hired to help with the sale said Wednesday.

Florentina Dragu · 15.02.2012 · 13:10 · 1 min
Transelectrica 2011 Profit Rises Tenfold Despite 4Q Loss
Energy

Transelectrica 2011 Profit Rises Tenfold Despite 4Q Loss

Romanian state-run power grid operator Transelectrica (TEL.RO) posted losses in the fourth quarter but finished 2011 with a 90.27 million lei (EUR21.3 million) net profit, tenfold higher on...

Florentina Dragu · 15.02.2012 · 11:04 · 1 min
Transelectrica Deputy GM Promoted As Company Head
Energy

Transelectrica Deputy GM Promoted As Company Head

Romanian Economy Minister Lucian Bode Tuesday appointed Octavian Lohan as the new general manager of state-run power grid operator Transelectrica (TEL.RO).

Florentina Dragu · 14.02.2012 · 20:21 · 1 min
Economy Minister Sacks Head Of Transelectrica
Energy

Economy Minister Sacks Head Of Transelectrica

Romania's Economy Minister Lucian Bode has dismissed Horia Hahaianu, general manager of state power grid operator Transelectrica (TEL.RO), on the request of Prime Minister Mihai Razvan Ungur...

Radu Bostan · 13.02.2012 · 20:32 · 1 min
Nightmarish Week For Energy: Wind Turbines Disconnected From System, Damages Of Millions Of Euros
Energy

Nightmarish Week For Energy: Wind Turbines Disconnected From System, Damages Of Millions Of Euros

Wind farms have been disconnected from the system, distributors have suffered millions of euros in damages and 50,000 residents in small towns have been left in the dark.

Radu Bostan · 10.02.2012 · 00:00 · 2 min
Transelectrica Has Maxed Out Its Credit Card
Energy

Transelectrica Has Maxed Out Its Credit Card

Romanian state-run power grid operator Transelectrica (TEL.RO) has maxed out its capacity to borrow money from banks and is looking for alternative resources to finance its planned investmen...

Florentina Dragu · 03.02.2012 · 17:53 · 1 min
Energy

Transelectrica Board Chairman Resigns Two Days After Appointment

Victor Vevera, personal adviser to Romanian Prime Minister Emil Boc, resigned from the position of chairman of the board at Transelectrica (TEL.RO), operator of the country's power grid, jus...

Bogdan Neagu · 24.01.2012 · 11:45 · 1 min
Energy

Transelectrica Names Adrian Vevera As New Board Chairman

Romanian power grid operator Transelectrica (TEL.RO) Friday dismissed general manager Horia Hahaianu from his position of chairman of the board, the company said in a statement.

Florentina Dragu · 20.01.2012 · 17:41 · 1 min