Transelectrica Cuts 2012 Pretax Profit Forecast To RON40M

12.13.2012 By Florentina Dragu

Romanian state-run power grid operator Transelectrica (TEL.RO) estimates a pretax profit of 40 million lei (EUR8.87 million) in 2012, down from RON52 million previously predicted, according to the company’s revised revenue and expenditure budget.

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