Transelectrica

Transelectrica SA
Public
Traded as BVB: TEL
Industry Electricity
Founded 2000 (2000)
Headquarters Bucharest, Romania
Key people
Horia Hăhăianu (CEO)[1]
Services Electric power transmission
Revenue US$1.2 billion (2007)
Number of employees
2,156 (2007)
Website www.transelectrica.ro

Transelectrica is an electricity transmission system operator in Romania. It is publicly traded company with 58,69% of the shares being held by the Ministry of Economy and Commerce, 13,5% by Fondul Proprietatea, and 27,81% being floated on the Bucharest Stock Exchange or held by other investors. It is listed at the Bucharest Stock Exchange.

Transelectrica is organized in eight territorial transmission branches and one more branch acting as a metering operator for the electricity traded on the wholesale market. Transelectrica also has subsidiaries that take care of different administration tasks.

Branches

Transelectrica SA is the first state-owned company listed on the Bucharest Stock Exchange from the programme "A Powerful Market" that the Romanian Government has initiated in order to float some public companies on the capital market. Now the company has a capitalization of approximately 1.1 billion €.

Subsidiaries

References

  1. "Informare de presa" (Press release). Transelectrica. 2011-05-15. Retrieved 2011-06-14.

See also

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