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TRANSELECTRICA

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Transelectrica Sees 2011 Pretax Profit Rising To RON42M
Energy

Transelectrica Sees 2011 Pretax Profit Rising To RON42M

Romanian state-run power grid operator Transelectrica (TEL.RO) has revised upward to 42 million lei (EUR9.8 million) its pretax profit forecast for 2011, from RON25 million previously, the c...

Florentina Dragu · 19.08.2011 · 15:57 · 1 min
Energy

Transelectrica, Transgaz Get EUR64M For Upgrades

Romanian state-owned energy transporters Transelectrica (TEL.RO) and Transgaz (TGN.RO) will receive non-refundable financing worth a total 272 million lei (some EUR64 million) for upgrades,...

Andrei Cîrchelan · 19.08.2011 · 13:36 · 1 min
Energy

Economy Ministry To Sell 15% Stake In Transelectrica By End-October

Romanian Economy Ministry plans to sell 15% in state-run power grid operator Transelectrica (TEL.RO) on the Bucharest Stock Exchange by end-October, minister Ion Ariton said Thursday.

Florentina Dragu · 11.08.2011 · 14:26 · 1 min
Transelectrica Switches To Net Profit Of RON178.6M In 1H
Energy

Transelectrica Switches To Net Profit Of RON178.6M In 1H

Romanian national electricity transporter Transelectrica (TEL.RO) Thursday reported a first-half net profit of 178.63 million lei (EUR41.8 million), compared with a loss of RON58.16 million...

Bogdan Neagu · 11.08.2011 · 10:23 · 1 min
Transelectrica Puts Off Wind Farm Connection Contracts To Accommodate Requests
Energy

Transelectrica Puts Off Wind Farm Connection Contracts To Accommodate Requests

National grid company Transelectrica (TEL.RO) says it has slowed down the process of signing contracts that allow “windmills” to connect to the grid because of the very high volume of reques...

Roxana Petrescu · 02.08.2011 · 00:00 · 2 min
Transelectrica Swings To RON10M Profit In 1H
Energy

Transelectrica Swings To RON10M Profit In 1H

Romanian state-run power grid operator Transelectrica (TEL.RO) Wednesday said it has switched to net profit of 9.94 million lei (EUR2.32 million) in the first half of 2011, from a loss of RO...

Florentina Dragu · 13.07.2011 · 16:27 · 1 min
Energy

Transelectrica Ups 2011 Pretax Profit Forecast To RON42M

State-run power grid operator Transelectrica (TEL.RO) plans to revise upward to 42 million lei (EUR9.8 million) its pretax profit forecast for 2011, from RON25 million previously, the compan...

Florentina Dragu · 12.07.2011 · 18:51 · 1 min
Capital Market

Raiffeisen Ups 12-Month Target Price For Transelectrica Shares To RON25

Raiffeisen increased the 12-month target price for shares of state-owned power grid operator Transelectrica (TEL.RO) by 18%, to 25 lei (EUR5.92), citing strong first half results, but mainta...

Andrei Cîrchelan · 27.06.2011 · 14:28 · 1 min
Capital Market

Bourse Investors Request Clarifications On Transelectrica IPO

Bourse investor association AIPC asked state-owned electricity transporter Transelectrica (TEL.RO) to clarify its intention to sell a 12% stake on the bourse, following a share capital incre...

Andrei Cîrchelan · 27.06.2011 · 13:05 · 1 min