07.05.2012

Romanian state-run power grid operator Transelectrica (TEL.RO) Thursday assured investors of its “solid” financials, saying it has the necessary funds to repay maturing debt. more

07.04.2012

Moody's Investor Service has downgraded the long-term corporate family rating of Romanian power transmission company Transelectrica from Baa3 to Ba1, the first non-investment grade, and assigned a Ba1 more

07.03.2012

The managing board of Romanian state-owned power grid operator Transelectrica (TEL.RO) appointed Gheorghe-Gabriel Gheorghe as interim member of the board, replacing Remus Vulpescu, who resigned last more

06.26.2012

Romanian liberal MP Mircea Ciopraga was appointed member in the managing board of state-owned power grid operator Transelectrica (TEL.RO), replacing Gheorghe Stefan who resigned, and will also take more

06.19.2012

Romanian Economy Minister Daniel Chitoiu on Tuesday signed a contract for non-refundable financing for a project to upgrade a station run by national power grid operator Transelectrica, through a 180 more

06.18.2012

The aid granted by Romania to support the production of renewable energy is too generous and will lead to overcapacity, which will affect the stability of the country’s energy system, according to a more

06.07.2012

Romanian state-owned power grid operator Transelectrica (TEL.RO) took a five-month loan worth 125 million lei (EUR28 million) from the local unit of US financial group Citibank. more

06.06.2012

Romanian power grid operator Transelectrica (TEL.RO) Wednesday proposed giving up its unitary board system in favor of a dual system, the company said in a call to shareholders. more

06.01.2012

Romanian state-run power grid operator Transelectrica (TEL.RO) will upgrade a power station in the central city of Brasov with non-reimbursable public financing amounting to 45.3 million lei (EUR10.1 more

06.01.2012

All the politicians in office at the Economy Ministry over the last four years have felt they had to appoint new chief executives at Transelectrica (TEL.RO), the company that operates the national more

05.30.2012

Romanian state-run power grid operator Transelectrica (TEL.RO) has appointed Marius Ion Mateescu as the new general manager, the company said in a statement Wednesday. more

05.28.2012

Horia Hahaianu resigned from the Managing Board of Romanian state-owned power grid operator Transelectrica (TEL.RO), and he was replaced on an interim basis by the head of the Economy Ministry's more

05.15.2012

The net profit of Romanian power grid operator Transelectrica (TEL.RO) fell 3.7 times in the first quarter to 43.6 million lei (EUR10 million), while its turnover rose 18% to RON884 million (EUR203 more

05.14.2012

Romanian power grid operator Transelectrica (TEL.RO) Monday reported a first quarter net profit of 43.6 million lei (EUR10 million), much lower than RON160.8 million in the year-earlier period, more

04.27.2012

Romanian state-run power grid operator Transelectrica (TEL.RO) approved paying out a gross dividend of 1.1 lei (EUR0.251) a share from the 2011 net profit, well above RON0.116 paid last year, the more

04.20.2012

South-eastern Romania is full to the brim with wind power projects, some of them already functional and some in various stages of approval, with wind farm investors now targeting Moldavia, as shows a more

04.17.2012

Two investment funds administrated by Franklin Templeton Investments have bought a total stake of 2.82% in Romanian power grid operator Transelectrica (TEL.RO) in a secondary public offering which more

04.05.2012

Romania risks privatizing companies for nothing if the money goes to wage and pension payments. The government has to come up with real projects for spending the almost EUR240 million to be collected more

03.30.2012

Regional investment fund SIF Oltenia (SIF5.RO) bought a 2.53% stake in state-owned power grid operator Transelectrica (TEL.RO), for 27.6 million lei (EUR6.3 million), during the secondary public more

03.29.2012

Brokers of the secondary public offering of Romania's power grid operator Transelectrica (TEL.RO) Thursday confirmed the sale prices at 14.9 lei (EUR3.4) per share for institutional investors and more

03.28.2012

Romania stands to collect 164.7 million lei (EUR37.7 million) from selling 15% in state-owned power grid operator Transelectrica (TEL.RO) in a public offering concluded Tuesday. more

03.27.2012

Bids in the secondary public offering of Romanian power grid operator Transelectrica (TEL.RO) passed the 100% mark Tuesday, so that the government will sell the entire 15% stake in the company put up more

03.26.2012

Romanian state-run power grid operator Transelectrica (TEL.RO) estimates its net profit will fall 55.6% to 40 million lei (EUR9.1 million) in 2012, from RON90.2 million a year earlier. more

03.26.2012

Romania’s secondary offering of a 15% stake in state-run power grid operator Transelectrica (TEL.RO) has attracted bids amounting to 55.12% of the shares in the first nine days. more

03.23.2012

Investors subscribed Friday a little over a third of the 15% stake Romania is offering in state-run power grid operator Transelectrica (TEL.RO), bringing the total stock sold to around 7%. more