Transelectrica, listed on the Bucharest Stock Exchange, is 58.7% held by the Romanian state, through the Economy Ministry. The reainibg shares are owned by other shareholders.
End-October 2017, Transelectrica said it will invest RON42.2 million in power station upgrades in November and plans to invest RON100 million by the end of 2017.
In the third quarter of 2017, Transelectrica posted a loss of RON50 million from power grid services and the company expects losses will reach RON100 million by the end of 2017.