Public | |
Traded as | : TEL |
Industry | Electricity |
Founded | 2000 |
Headquarters | Bucharest, Romania |
Key people
|
Horia Hăhăianu (CEO) |
Services | Electric power transmission |
Revenue | US$1.2 billion (2007) |
Number of employees
|
2,156 (2007) |
Website | www |
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 or held by other investors. It is listed at the .
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.
Transelectrica SA is the first state-owned company listed on the 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 €.