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Tag Archives: Transelectrica

Bucharest Stock Exchange closes on the red on Thursday, following the fall of the US and Asian markets

BET (Bucharest Exchange Trading), the main index of the Bucharest Stock Exchange (BVB), which reflects the evolution of the most traded companies on the BVB regulated market, excluding financial investment companies (SIFs), decreased by 1.01%  on Thursday against Wednesday, down ...

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Electricity consumption up by 15pc due to heat wave

Romania’s electricity consumption has increased by more than 15% during the past two days as a result of high air temperatures. Despite this development, the experts do not estimate that there will be problems with the electricity supply, a Transelectrica ...

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Competition Council conducts investigation on alleged rigged auctions organised by Transgaz. Gas tariffs could go down

The gas tariffs paid by consumers could go down, if an investigation conducted by the Competition Council (CC) would prove that some of the auctions organised by Transgaz were rigged. Most likely, the auctions were organised for the state company’s ...

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The RON 83 M project for Oradea-Bekescsaba aerial power line, unlocked after 10 years

The 400 kV project of the Oradea-Bekescsaba aerial power line was unlocked after 10 years, and the Romanian Government has adopted a decision allowing the completion of the expropriation procedures, Transelectrica, the project’s developer, announced in a press release. “It ...

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Transelectrica announces the first loss in history, accusations brought to ANAF

National Power Grid Company Transelectrica register a RON 47.9 million accounting loss, according to the financial statements for 2017. “Such negative financial result comes from a complex difficult year, which the revenues diminishing contributed to by tariff reductions as of ...

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Power consumption exceeds 9,500 MW, close to historic record

Romania’s power consumption has exceeded on Monday, at noon, the level of 9,500 MW, close to the historic record of January 2017, Transelectrica informs, according to the figures of the national energy system. At 11.50h, the consumption was of 9,549 ...

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Transelectrica, poor result in 2017: Profit down by 90pc

The National Electricity Transmission Company, Transelectrica, registered a preliminary profit of about RON 26 million in 2017, down by about 90% as compared to 2016. According to a press release, the poor result was influenced by the reduction of the ...

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Romgaz, net profit up by 82.4pc last year

The National Natural Gas Corporation Romgaz Medias reported a net profit up by 82.4% last year, 2017 being the best year recorded by Romgaz from the company’s IPO at the Bucharest Stock Exchange (BVB) and London Stock Exchange (LSE), reads ...

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EC grants over EUR 27 M to Transelectrica

European Commission (EC) signed a grant amounting to EUR 27,085,000 to Transelectrica in order to build the 400 kV electric lines Cernavoda – Stalpu. According to a press release, this is the first of the six projects of common interest ...

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