“As the mandate of the current Directorate members ceases on April 20, 2020, Transelectrica informs the shareholders and investors that, at the meeting of April 8, 2020, the Supervisory Board extended the mandates of provisional Directorate members starting with April 21, 2020, for a period of two months,” the comapny said.
Transelectrica is 58.6% owned by the Romanian state.