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Transelectrica 2015 Profit Seen Down 62.5% To RON138.7M
03.24.2015
Romanian state-owned power grid operator Transelectrica (TEL.RO) estimates a net profit of 138.7 million lei (EUR32 million) this year, down 62.5% from the record profit of RON370 million posted in 2014, due to lower revenue and higher expenses, the company said in a statement.
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