Net profit of Transelectrica, five times below 2007 figure

The net profit of Transelectrica company dropped by more than five times, from 277.25 million lei (78.66 million euros) to 50.34 million lei (15.08 million euros), according to the preliminary and non-audited financial results recorded by the company last year.Transelectrica manager Stelian Gal, quoted by Business standard daily, says that the prices imposed by the National Regulatory Authority for Energy (ANRE) for the plant's own technological consumption and the exceeding of the ...

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