Transelectrica announces a 22 percent drop in net profit

Newsroom 16/02/2009 | 15:41

Transelectrica officials also announced that the company's business had reached EUR 796 million, a 26 percent increase on its 2007 results. It saw a 25 percent hike in revenue to EUR 812 million last year, while spending advanced 27 percent to EUR 799 million.
The company's majority owner is the Ministry of Finance, which controls 73.69 percent, while the Property Fund has a share package of 13.5 percent. According to its share value on the Bucharest Stock Exchange, Transelectrica has a market value of EUR 178.4 million.
The national power transporter runs 77 power stations with an approximate capacity of 35,000 MW and 8,955 kilometers of aerial power lines.
Dana Ciuraru

BR Magazine | Latest Issue

Download PDF or read online: November 2022 Issue | Business Review Magazine

The November 2022 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “Samsung Remains Top Consumer Tech Provider on Romanian Market.” Read
Newsroom | 29/11/2022 | 10:17

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of business-review.eu
    I agree with the storage and handling of my data by business-review.eu
    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue