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

02.15.2013

Romanian state-owned power grid operator Transelectrica (TEL.RO) Friday said its net profit fell 76% in 2012, as electricity volumes were down almost 4% compared with the previous year. more

02.14.2013

Stefan Gheorghe has been appointed general manager at Romanian power grid operator Transelectrica (TEL.RO), replacing Andrei Gabriel Benghea Malaies, who served in an interim capacity. more

12.28.2012

Romania’s energy regulator ANRE has increased tariffs charged by the country’s energy exchange OPCOM and by power grid operator Transelectrica (TEL.RO), for power transport and system services. more

12.20.2012

Moody's Investors Service on Thursday downgraded to Ba2 from Ba1 the long-term corporate family rating and probability of default rating of Romanian state-run power grid operator Transelectrica more

12.13.2012

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 more

12.03.2012

Romanian state-owned power grid operator Transelectrica (TEL.RO) signed an agreement with companies Alstom Grid Gmbh, SC Alstom Grid Romania, Electromontaj and Retrasib to upgrade power station Tulcea more

11.21.2012

The general manager of Romanian state-run power grid operator Transelectrica (TEL.RO), Andrei-Gabriel Benghea-Malaies, was named president of the Board of Directors or chief executive officer CEO, more

11.15.2012

The stockholders of Romanian state-run power grid operator Transelectrica (TEL.RO) chose Thursday a new provisory Surveillance Council CS, which includes the former minister delegate for Business more

11.14.2012

Romanian state-run power grid operator Transelectrica (TEL.RO) Wednesday reported a net profit of 19.2 million lei (EUR4.2 million) for the first nine months, 87.5% lower than in the year-earlier more

11.07.2012

Romanian state-run power grid operator Transelectrica (TEL.RO) has authorized the construction of a 300 MW hydropower plant on artificial lake Izvorul Muntelui in Neamt county. more