02.22.2012

Romanian state-run power grid operator Transelectrica (TEL.RO) will pay 361.3 million lei (EUR82.2 million) to its unit Smart SA for works and maintenance services at its electric installations, the more

02.21.2012

Swiss Eolica Dobrogea on Tuesday announced it will replace administrator Corneliu Dica and there will be no lawsuits against energy regulator ANRE and power grid operator Transelectrica (TEL.RO). more

02.20.2012

Eolica Dobrogea, working for Spanish Iberdrola, sued energy regulator ANRE and state-owned power grid operator Transelectrica (TEL.RO), along with the operator’s former general manager, claiming more

02.15.2012

Romania’s average electricity consumption reached a ten-year peak in February, according to Octavian Lohan, chief executive officer of state-owned power grid operator Transelectrica (TEL.RO). more

02.15.2012

Romanian power grid operator Transelectrica (TEL.RO) on Wednesday announced it seeks a 150 million lei (EUR34.5 million) credit line to use as buffer for the payment of transactions in the balancing more

02.15.2012

Romania plans to launch a secondary offering of 15% in state-run power grid operator Transelectrica (TEL.RO) early March, one of the brokers hired to help with the sale said Wednesday. more

02.15.2012

Romanian state-run power grid operator Transelectrica (TEL.RO) posted losses in the fourth quarter but finished 2011 with a 90.27 million lei (EUR21.3 million) net profit, tenfold higher on the year. more

02.14.2012

Romanian Economy Minister Lucian Bode Tuesday appointed Octavian Lohan as the new general manager of state-run power grid operator Transelectrica (TEL.RO). more

02.13.2012

Romania's Economy Minister Lucian Bode has dismissed Horia Hahaianu, general manager of state power grid operator Transelectrica (TEL.RO), on the request of Prime Minister Mihai Razvan Ungureanu. more

02.10.2012

Wind farms have been disconnected from the system, distributors have suffered millions of euros in damages and 50,000 residents in small towns have been left in the dark. more

02.03.2012

Romanian state-run power grid operator Transelectrica (TEL.RO) has maxed out its capacity to borrow money from banks and is looking for alternative resources to finance its planned investments, more

01.24.2012

Victor Vevera, personal adviser to Romanian Prime Minister Emil Boc, resigned from the position of chairman of the board at Transelectrica (TEL.RO), operator of the country's power grid, just two days more

01.20.2012

Romanian power grid operator Transelectrica (TEL.RO) Friday dismissed general manager Horia Hahaianu from his position of chairman of the board, the company said in a statement. more

01.06.2012

Romanian state-owned power grid operator Transelectrica (TEL.RO) on Friday said it expects revenue of 2.62 billion lei (EUR603.9 million), down 6% on the year, but pretax profit is expected to double more

12.28.2011

The most profitable state-run companies on the Bucharest stock exchange--Transgaz Medias (TGN.RO), Conpet Ploiesti (COTE.RO) and this year Transelectrica (TEL.RO) as well--could pay dividends of up to more

12.20.2011

Romania's energy market might be linked to its counterparts in the Czech Republic, Slovakia and Hungary, state-owned power grid operator Transelectrica (TEL.RO) said Tuesday. more

12.15.2011

Romanian state-run power grid operator Transelectrica (TEL.RO) estimates a pretax profit of 25 million lei (EUR5.75 million) in 2011, down from RON42 million previously predicted, the company said in more

12.15.2011

The government has scheduled to sell 15% in Transelectrica (TEL.RO), Transgaz (TGN.RO) and Romgaz by mid 2012. Hidroelectrica and Nuclearelectrica should follow in the fall. more

12.14.2011

The public offering whereby the government plans to sell a 15% stake in power grid operator Transelectrica (TEL.RO) will be launched at the end of February, a government official said Wednesday. more

12.06.2011

The overall value of stock-exchange listed companies fell by EUR7.8 billion since the beginning of the year, despite the listing of investment fund Fondul Proprietatea (FP.RO) in January this year. more

12.05.2011

Romania will sell minority stakes in key state-run companies such as Transelectrica (TEL.RO) and Transgaz (TGN.RO) only if it can get the “best price”, Economy Minister Ion Ariton said Monday. more

11.14.2011

The public offer whereby the Romanian Economy Ministry wants to sell 15% in national power grid operator Transelectrica (TEL.RO) will most likely be launched in spring next year, one of the brokers more

11.14.2011

Romania’s Economy Ministry on Monday signed a contract with the consortium set to broker the sale of a 15% stake in power grid operator Transelectrica (TEL.RO). more

11.10.2011

Romanian state-run power grid operator Transelectrica (TEL.RO) Thursday said its net profit soared to 153.4 million (EUR35.2 million) in the first nine months, from RON5.17 million a year earlier. more

11.08.2011

Linking wind farms to the national power grid requires an investment of more than EUR500 million, and state-owned Transelectrica (TEL.RO), the grid’s operator, lacks the funds, which means some of more