11.05.2012

Romanian state-run power grid operator Transelectrica (TEL.RO) contracted a revolving loan facility from BRD-Groupe Societe Generale (BRD.RO), with a 150 million lei (EUR33.1 million) ceiling, more

10.25.2012

Romania’s Economy Ministry has appointed Andrei Gabriel Benghea-Malaies as the new general manager of state-run power grid operator Transelectrica (TEL.RO), the energy company said in a statement more

10.08.2012

Romanian power grid operator Transelectrica (TEL.RO) will invest 22.6 million lei (about EUR5 million) in upgrading a power station. more

10.08.2012

The Romanian state expected to raise around EUR1 billion from privatizations in 2012, but got only EUR37 million from the stock exchange sale of 15% in state-owned power grid operator Transelectrica more

08.14.2012

Romanian state-run power grid operator Transelectrica (TEL.RO) Tuesday said its net profit dropped 87.4% on the year to 22.58 million lei (EUR4.98 million) in the first half, hit by higher costs. more

08.02.2012

Romanian power grid operator Transelectrica (TEL.RO) will use the Central Depository’s services to pay out last year’s dividends to its shareholders, thus becoming the first state-run company to more

08.01.2012

Romanian energy company Transelectrica (TEL.RO) Wednesday said it will borrow EUR42 million to finance upgrade works at its power stations. more

07.24.2012

Austria’s Erste Group Bank Tuesday cut by 22% to 15.2 lei (EUR3.27) a share its 12-month target price on Romanian power grid operator Transelectrica (TEL.RO) and raised its recommendation to buy more

07.18.2012

Romanian power grid operator Transelectrica (TEL.RO) Wednesday approved changing its board structure from unitary to dual, the company said in a statement. more

07.12.2012

Romanian state-owned power grid operator Transelectrica (TEL.RO) Thursday said it has signed a financing agreement for up to 50 million lei (EUR11 million) to upgrade its Tulcea Vest power station in more

07.05.2012

Romanian state-owned power grid operator Transelectrica (TEL.RO) Thursday said it has signed a financing agreement for up to 50 million lei (EUR11.6 million) to upgrade its Mintia power station in the more

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