Transelectrica’s net profit rose to 370 million lei (EUR83.3 million) last year, from RON200.9 million in 2013.
The total revenue was at RON2.82 billion in 2014, up 14% from RON2.47 billion in the previous year. The revenue increase was supported by a 13.1% rise in transport services income. The higher revenues were due to both an increase in transport tariffs and higher quantities transported.
Transelectrica posted an operating profit of RON454.5 million, versus RON249 million in 2013.
The Romanian government owns a 58.7% interest in Transelectrica, while the remainder is floated on the Bucharest stock exchange.