09.04.2013

Romanian state-owned power grid operator Transelectrica (TEL.RO) might lay off 300-400 employees in the next four years as installations will be operated automatically and fewer workers will be more

08.23.2013

Romanian power grid operator Transelectrica (TEL.RO) plans bond issues of up to 900 million lei (EUR203.1 million) in 2013-2017, both in lei and in foreign currency. more

08.14.2013

Romanian power grid operator Transelectrica (TEL.RO) Wednesday reported a net profit of 102.7 million lei (EUR23.2 million) for the first six months, five times higher than in the year-earlier period. more

07.17.2013

The Romanian authorities and energy regulators in the Czech Republic, Poland, Slovakia and Hungary have signed a memorandum of understanding to combine their power markets, Romania’s power grid more

07.04.2013

Romanian state-run power grid operator Transelectrica (TEL.RO) has secured a revolving loan of up to 35 million lei (EUR7.86 million) from ING Bank to finance operations, the energy company said in a more

06.27.2013

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06.25.2013

Stefan Gheorghe was dismissed as chief executive of Romanian power grid operator Transelectrica (TEL.RO) four months into his mandate, the company said in a statement Tuesday. more

06.18.2013

Romania’s Transeletrica (TEL.RO), sole shareholder of local power exchange OPCOM, on Tuesday dismissed allegations of discriminatory practices by the market operator toward foreign companies, saying more

06.12.2013

OMV Petrom (SNP.RO), Fondul Proprietatea (FP.RO), Transgaz (TGN.RO), SIF Moldova (SIF2.RO) and Transelectrica (TEL.RO) are due to begin dividend payment in the next two weeks and will thus unfreeze more

06.04.2013

Ovidiu-Petrisor Artopolescu, former manager at Microsoft Romania, on Monday was appointed president of the Supervisory Board of state-owned power grid operator Transelectrica (TEL.RO), after being more

05.31.2013

Shareholders of Romanian state-run power grid operator Transelectrica (TEL.RO) on Thursday elected new members in the company’s Supervisory Board. more

05.15.2013

Romanian power grid operator Transelectrica (TEL.RO) will set up an auction, at the end of June, in order to contract private health insurance services for its employees. more

05.15.2013

Romanian power grid operator Transelectrica (TEL.RO) Wednesday reported a first-quarter net profit of 91.75 million lei (EUR20.9 million), more than double compared with RON45 million in the same more

04.25.2013

Romania’s power grid operator Transeletrica (TEL.RO) could lose EUR70 million in European funds due to delays at its planned cross-border transmission line to Serbia, general manager Stefan Gheorghe more

04.04.2013

Romania’s state-run power grid operator Transelectrica (TEL.RO) has asked to receive part of the green certificates allocated via a government support scheme in the renewable energy sector so it more

04.03.2013

Romania’s energy exchange OPCOM remains under the control of the Economy Ministry, after state-run power grid operator Transelectrica (TEL.RO), the sole shareholder of OPCOM, has been transferred to more

04.02.2013

Romanian state-run power grid operator Transelectrica (TEL.RO) estimates its pretax profit will fall 5% on the year in 2013, hurt by a newly introduced tax on natural monopoly in the energy sector, more

03.27.2013

Romania’s Government on Wednesday approved a decision to transfer the control over the shares in state-run power grid operator Transelectrica (TEL.RO) and natural gas transporter Transgaz (TGN.RO) more

03.27.2013

Renewable energy producers, which receive aid from the state, should be obliged to cede a part of it for electricity network upgrades, an official of Romanian state-run power grid operator more

03.25.2013

Romania’s state-run power grid operator Transelectrica (TEL.RO) Monday proposed paying out its shareholders a gross dividend of 0.404 lei (EUR0.091) a share from the 2012 profit, 2.7-fold lower on more

03.18.2013

Romania’s state-run power grid operator Transelectrica (TEL.RO) Monday named Dumitru Parvulescu, former deputy secretary general with Economy Ministry, as president of the company’s Supervisory more

03.18.2013

Romania’s Economy Ministry will transfer its control over the shares in state-run power grid operator Transelectrica (TEL.RO) and natural gas transporter Transgaz (TGN.RO) to the Finance Ministry, more

03.14.2013

Romania’s Economy Ministry will transfer its control over the shares in state-run power grid operator Transelectrica (TEL.RO) and natural gas transporter Transgaz (TGN.RO) to the Finance Ministry, more

03.04.2013

Romanian state-run power grid operator Transelectrica (TEL.RO) estimates its pretax profit will rise 5% to 44.6 million lei (EUR10.2 million) in 2013, from RON42.5 million a year earlier. more

03.01.2013

The supervisory board of Romanian state-run power grid operator Transelectrica (TEL.RO) Thursday decided to increase the number of managing board members from three to five, the company said in a more