It said its operating revenue stood at RON1.66 billion in the first nine months,7% higher than in the same period last year.

Operating expenses grew 15% in the same period, to RON1.3 billion.

On the profit-allowed segment, Transelectrica reported operating revenue of RON876 million, up 3% on the year, while the zero-profit activity segment generated operating revenue of RON788 million, down 10% on the year.

It said its profit before interest and tax amounts to RON119 million for the first nine months, up 2.6% on the year.

At the end of September, Transelectrica had total assets of RON4.8 billion, 1.3% higher compared with end-2019.

Transelectrica is 58.7% owned by the Romanian state and has a stock market value of RON1.8 million. Company shares grew 26% on the Bucharest Stock Exchange since the beginning of the year.