The company said in its preliminary earnings report its EBITDA from “allowed profit activities” dropped 22% on the year, to RON458 million.
Its total EBITDA dropped 43.83% on the year, to RON379 million, mainly due to the lowering of the average tariffs approved by energy regulator ANRE for the transmission system (10%) and by the lowering of ancillary services tariffs (12%).
Transelectrica’s total charged energy volume for the services performed on the energy market (54.57 TWh) increased 2.30% compared with 2016 (the difference between the two periods being +1.2 TWh).
In November 2017, the company paid special dividends in advance to the Romanian government totaling RON171 million.