Transelectrica's 2020 net profit up 18pct y-o-y

 Romania's national electricity transmission company Transelectrica reported a 2020 net profit of 114 million lei, up 18% from 2019, according to a press statement released on Monday.In 2020, the company's gross profit increased by 60 million lei, from 107 million lei in January-December 2019, to 167 million lei in January-December 2020, mainly on cutting all operational costs, including depreciation, as well as on efficient management of the resources ...

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