Transgaz versus Transelectrica – comparative analysis

Transgaz (TGN) and Transelectrica (TEL) are companies listed on the BVB ( Bucharest Stock Exchange) whose majority shareholder is the Romanian state. Their evolution on the capital market could be examples of success stories, taking into consideration the important rates of oversubscription in the public bids and the accelerated increases of quotations over the first weeks after listing. The initial bids of the two companies were ones of the most oversubscribed IPOs in the history of ...

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